Yearly Archives: 2026
41654156156Chart the Market (09/07/2026)
Written on July 9, 2026 at 6:50 am, by pumarketings
Nasdaq, H4: Nasdaq Composite is showing signs of recovering after rebounding from its recent low near 28,700.00. The rebound suggests that buying interest has emerged at lower levels, allowing the index to stage a short-term recovery following the recent sell-off. Despite the improvement in price action, the Nasdaq is now approaching a critical technical hurdleContinue Reading
Oil Surges as U.S. Strikes Iran, Hormuz Truce Unravels
Written on July 8, 2026 at 9:33 am, by pumarketings
Key Takeaways: *Crude oil rallied more than 5% after U.S. strikes on Iranian military targets intensified fears of supply disruptions through the Strait of Hormuz. *Attacks on commercial oil tankers and renewed U.S. sanctions on Iran have revived the geopolitical risk premium, raising concerns over potential disruptions to global crude supplies. *Crude oil is expectedContinue Reading
Nasdaq Tumbles as Chip Concerns, Oil Spike Chill AI Enthusiasm
Written on July 8, 2026 at 9:25 am, by pumarketings
Key Takeaways: *U.S. equities lost momentum as the Nasdaq fell more than 300 points, dragged down by heavy selling in semiconductor and AI-related stocks s. *Escalating MidEast tensions pushed crude oil higher, fueling inflation concerns and lifting bond yields, which pressured technology and other growth-oriented sectors. *Wall Street’s near-term direction will hinge on upcoming earnings,Continue Reading
