Market analysis

POLYX price dips as bears show strength
November 02, 2023 05:05 AM AEDT| By InvezzPolymesh (POLYX) was among altcoin outperformers in October, riding the broader market’s uptick and network-catalysed bullish sentiment to hit highs last seen in October 2022. However, the spike to $0.43 saw a sharp rejection and the altcoin’s...

Blackstone stock price enters bear market as private equity woes mount
November 01, 2023 05:00 PM AEDT| By InvezzBlackstone (NYSE: BX) stock price has come under intense pressure as the private equity sector faces the biggest headwind in years. After peaking at $115.78 in September, the stock has dived by more than 20% to the current $92. Other PE stocks like C...

IWG share price analysis as WeWork prepares bankruptcy filing
November 01, 2023 11:02 AM AEDT| By InvezzIWG (LON: IWG) share price will be in the spotlight on Wednesday as the co-working space business braces for its biggest news this year. The shares have been under relative pressure in the past few months. They were trading at 132p on Tuesday, down b...

Worldline share price has crashed: beware of a dead cat bounce
October 31, 2023 09:07 PM AEDT| By InvezzWorldline (EPA: WLN) share price is crawling back this week as investors buy the dip following last week’s crash. The stock was trading at €12.25 on Tuesday, higher than last week’s low of €9.15. In all, it remains 72% below its highest point this ye...

As the Toyota stock price stumbles, is it safe to buy the dip?
October 31, 2023 07:00 PM AEDT| By InvezzToyota (NYSE: TM) stock price has pulled back sharply in the past few months as concerns about interest rates surged. The shares plunged from the year-to-date high of $195.45 to a low of $171.40. Still, the stock has jumped by more than 30% from the...

AGIX, FET, OCEAN on trade table as AI hype returns: Analyst
October 31, 2023 06:39 AM AEDT| By InvezzCrypto analyst Miles Deutscher thinks three altcoins could be great trades this week, noting the strength many of these tokens are exhibiting. In his latest Weekly Token + Narrative Watchlist post on X, the analyst identified SingularityNET (AGIX), F...

Adyen share price has collapsed: is it safe to buy the dip now?
October 27, 2023 09:22 PM AEDT| By InvezzAdyen (AMS: ADYEN) share price has not been left behind in the ongoing fintech sell-off. The stock plunged to a low of €604.2 and is at the lowest level since September 2019. It has dropped by more than 76% from the all-time high, giving it a market...

Centamin share price could benefit as gold’s momentum continues
October 27, 2023 07:05 PM AEDT| By InvezzCentamin (LON: CEY) share price bounced back on Friday as traders focused on the rising gold prices. The stock jumped to 83.90p, higher than this week’s low of 77.50p. Despite the rebound, the shares remain over 33% below the highest point this year....

NatWest share price is on the cusp of a 10% drop as earnings miss
October 27, 2023 03:05 PM AEDT| By InvezzNatWest (LON: NWG) share price came under pressure as concerns about the company’s growth continued. This sell-off accelerated after its Q3 results missed analysts’ estimates as the benefits of higher interest rates waned. The stock plunged to...

Quant price: Analyst says QNT could be poised for 90% upside
October 27, 2023 02:38 AM AEDT| By InvezzThe price of Quant (QNT) has increased more than 6% in the past 24 hours and roughly 24% in the past week. The upside follows a major flip in sentiment across the crypto market, with Bitcoin’s jump to $35k a key catalyst for latest altcoin positionin...

Russell 2000 (IWM) ETF set to do something it hasn’t done in 15 years
October 27, 2023 12:57 AM AEDT| By InvezzThe Russell 2000 index is in trouble as interest rates punish America’s small-cap companies get punished by high-interest rates. The closely watched iShares Russell 2000 ETF (IWM) has plunged to $163.72 and is hovering near the lowest level since Nov...

Fantom (FTM) strengthens bullish outlook with Sonic upgrade
October 27, 2023 12:27 AM AEDT| By InvezzFantom (FTM) price is looking to hold onto recent gains after bulls rode the broader crypto market sentiment to hit a 3-month high. Fantom price has benefited most from the massive 35% upside seen over the past week. Can an upgrade, whose testnet was...

HelloFresh, Siemens Energy shares sink, dragging the DAX 40 index
October 26, 2023 10:55 PM AEDT| By InvezzThe DAX index continued its relentless sell-off on Thursday a s investors reacted to several weak financial results. The index tumbled to a low of €14,667, the lowest level since March 2023. It has slipped by more than 11% from the highest point this...

Schwab US Dividend Equity (SCHD): Something is about to break
October 26, 2023 07:02 PM AEDT| By InvezzThe Schwab US Dividend Equity (SCHD) ETF has drifted downwards in the past few weeks, as I predicted here. The fund slipped to $68.24 on Thursday, the lowest level since June this year. It has crashed by more than 10% from the highest point this year...

HSBC share price forms a worrying chart pattern ahead of earnings
October 26, 2023 01:06 PM AEDT| By InvezzHSBC (LON: HSBA) share price has pulled back in the past few weeks as investors remain concerned about its exposure to China. After peaking at 664p earlier this month, the stock has plunged by more than 7.57% to 615p. Still, it is one of the best-per...

Etsy stock lacks a meaningful upside: Citigroup
October 26, 2023 06:22 AM AEDT| By InvezzShares of Etsy Inc (NASDAQ: ETSY) are unlikely to recover meaningfully in the near term, says Ygal Arounian. He’s an analyst at Citigroup. Etsy stock downgraded to ‘neutral’ Arounian downgraded the eCommerce company this morning to “neutral” and lowe...

USD/CAD forecast: signal as the BoC leaves rates intact
October 26, 2023 02:11 AM AEDT| By InvezzThe USD/CAD exchange rate went parabolic on Wednesday after the Bank of Canada (BoC) delivered its interest rate decision. The pair rose to a high of 1.3800, the highest level since March. Data by TradingView shows that the pair has surged by more th...

Affirm stock price uptrend is still intact unless it slips below $16.8
October 26, 2023 01:22 AM AEDT| By InvezzAffirm (NASDAQ: AFRM) stock price tumbled by over 9% on Wednesday as technology firms dived. After peaking at $25.55 in September, the shares have tumbled by over 31% to the current $17.72. This drop brought its total market cap to over $5.5 billion,...

Mina Protocol price down 20% as traders take profits
October 26, 2023 12:34 AM AEDT| By InvezzMina Protocol’s price has declined more than 20% in the past 24 hours after going parabolic on Tuesday to hit its highest price level since March. Mina Protocol’s price was changing hands around $0.40 in the early hours of October 24 before its stagg...

Kering, LVMH, Hermes stock prices have slipped: buy the dip?
October 25, 2023 07:01 PM AEDT| By InvezzLuxury goods stocks have nosedived as growth in key markets like China, the European Union, and the United States slows. LVMH stock price crashed to a low of €659.6 this week, down by more than 24% from the highest level this year. As a result, Berna...