Market analysis

Sei price prediction: rally continues but valuation questions remain
January 02, 2024 07:03 PM AEDT| By InvezzSei token price has started the year well as its demand jumped. It jumped to a record high of $0.8055, 755% above its lowest level in 2023, giving it a market cap of over $1.7 billion. This makes it one of the biggest cryptocurrencies in the world. S...

Silver price forecast: gold/silver ratio points to more upside
January 02, 2024 01:02 PM AEDT| By InvezzSilver price started the year in a muted way as traders focused on China’s slowdown and the next actions by the Federal Reserve. It was trading at $24 on Tuesday, where it has been stuck at in the past few days. This price is about 8.40% below the hi...

MOAT, COWZ, SCHD, SPY, QQQ, BITO: SWAN portfolio for 2024
January 02, 2024 11:01 AM AEDT| By Invezz2023 was a strong year for American and some European equities. In the US, the closely-watched S&P 500, Nasdaq 100, and Dow Jones ended the year at their all-time highs. They all jumped by double-digits, in one of their best years on record. ...

South African trade nosedives according to latest balance of trade figures
December 30, 2023 01:21 AM AEDT| By InvezzThe South African Revenue Service (SARS) has released the nation’s preliminary trade statistics for November 2023. According to the SARS press release, South Africa’s November 2023 preliminary trade balance was ZAR21 billion (approximately $1.14 bill...

Boeing stock price had a good 2023: will 2024 be even better?
December 30, 2023 12:29 AM AEDT| By InvezzBoeing (LON: BA) stock price had a good performance in 2023 as the company recorded strong revenue and order growth. The shares jumped by over 33% in 2023 and reached their highest level since March 2021. They have surged by over 131% from their lowe...

USD/CHF analysis: Here’s why the Swiss franc is soaring
December 29, 2023 05:05 PM AEDT| By InvezzThe Swiss franc has been one of the best-performing currencies in 2023 as investors embraced its role as a safe haven. The USD/CHF exchange rate tumbled to a low of 0.8405 on Friday, its lowest level since 2011. Similarly, the GBP/CHF and EUR/CHF rat...

FTSE 100 index forecast: UK stocks face an uphill battle in 2024
December 29, 2023 03:02 PM AEDT| By InvezzThe FTSE 100 index was left in the dust by its global peers in 2023 as the UK continued facing substantial headwinds. The index, which tracks the biggest blue-chip companies in the UK, was barely moved in 2023 while its US and European peers surged t...

Nikkei 225 index rally hit a wall, but a bullish pattern has formed
December 29, 2023 01:04 PM AEDT| By InvezzThe Nikkei 225 index had a spectacular performance in 2023 as it surged to its highest point in over three decades. It jumped to a high of ¥33,795, which was over 30% above its lowest point in January. Similarly, the Topix index also roared as demand...

Ocado share price ends 2023 where it started: what next?
December 29, 2023 12:46 AM AEDT| By InvezzAfter making big moves in 2023, Ocado (LON: OCDO) share price is ending the year where it started. The stock was trading at 760p on Thursday, a few points above where it started the year. This price is 120% above its lowest point in 2023 and 27% belo...

AMC stock price forecast 2024: cautiously optimistic
December 28, 2023 10:18 PM AEDT| By InvezzAMC Entertainment (NYSE: AMC) stock price continued its downward trend in 2023 as the company continued diluting its shareholders. The stock, which was highly popular among meme investors, tumbled by over 82% while the S&P 500 index spiked by 25....

Shanghai Composite, China A50 burn investors after $33B outflow
December 28, 2023 07:04 PM AEDT| By InvezzChina burned investors again in 2023 as concerns about the second-biggest economy continued. The Shanghai Composite index underperformed its global peers like the S&P 500 and Nasdaq 100 index. It was trading at CNY 2,953 on Thursday, 12.95%...

Short Affirm (AFRM) and Etsy stocks in 2024: Morgan Stanley
December 28, 2023 03:05 PM AEDT| By InvezzMorgan Stanley (NYSE: MS), one of the biggest players in Wall Street, released its long and short ideas for 2024. The company is broadly bearish on US equities in 2024 even as investors brace for key tailwinds like earnings growth and low interest ra...

JEPI and JEPQ ETFs had record inflows in 2024: were they worth it?
December 28, 2023 01:02 PM AEDT| By InvezzThe JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Nasdaq Equity Premium ETF (JEPQ) had a strong performance in 2023 in terms of assets. JEPI’s total assets surged by over $12 billion and hit $30 billion. JEPQ, on the other hand, had ov...

Cronos (CRO/USDT) analysis: potential sell setup with critical resistance ahead
December 28, 2023 01:22 AM AEDT| By InvezzCRO/USDT chart and technical analysis Cronos is dropping and is in a downtrend after it reached the 0.113 resistance level on December 9th. The price is making lower lows and will possibly continue the bearish trend after retracing to the 0.10 resist...

Iovance’s IOVA stock price suffers a harsh reversal: buy the dip?
December 28, 2023 12:36 AM AEDT| By InvezzIovance Biotherapeutics (NASDAQ: IOVA) stock price suffered a harsh reversal on Wednesday after the company suffered a major setback. The stock, which has been in a strong uptrend, crashed by more than 30% in the pre-market session. It fell to a low...

Barclays share price: brace for these tailwinds in 2024
December 27, 2023 11:30 PM AEDT| By InvezzBarclays (LON: BARC) share price has staged a strong recovery in the past two months as the management works to turn around the company. The stock jumped to a high of 154.20p on Wednesday, much higher than the November low of 128.36p. It remains in a...

Polygon MATIC price prediction as Manta DeFi ecosystem booms
December 27, 2023 07:02 PM AEDT| By InvezzPolygon (MATIC) price made a strong bullish breakout on Wednesday as investors cheered the network’s ecosystem growth. The token soared to a multi-month high of $1.10, its highest point since April 23rd. It has soared by more than 118% from its lowes...

Yes Bank share price analysis: Is it a good buy for 2024?
December 27, 2023 11:02 AM AEDT| By InvezzYes Bank share price recovered modestly in 2023 as investors focused on the company’s turnaround. After dropping to ₹14.40 in March, the stock jumped by over 48% to over ₹21. Still, the shares remains sharply below their all-time high. It has dropped...

Everlodge (ELDG) token to benefit as the travel industry booms
December 27, 2023 07:14 AM AEDT| By InvezzThe global travel industry is doing well as evidenced by the performance of key companies in 2023. Airbnb stock price jumped by over 62% while hotel groups like Hilton and Marriott soared by over 40%. Cruise line companies like Carnival and Royal Car...

Here’s why Near Protocol price is pumping
December 27, 2023 01:34 AM AEDT| By InvezzNear Protocol ($NEAR) price continued its spectacular surge on Black Friday even as Bitcoin and other altcoins took a breather. The token jumped to a high of $4.61, its highest point since September 2022. It has jumped by more than 360% from its lowe...