Stocks are back at the highs of the day and that’s encouraging the USD/JPY bulls.
Offers ahead of the Asian high of 98.06. More at 98.35/40 and 98.65/70.
Price action today is showing the stock market is a major factor. S&P 500 is testing the opening high of 1588 but I think we need to break 1592 to get things moving.
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Nvidia's earnings beat expectations, but its AI dominance outlook tests its valuation. Watch VOO & QQQ!
ENPH surges 90% but declining margins & ROIC, trading at 23.5x P/E, signal caution.
BOJ eyes June rate hike (80% chance) amid US support, but political hurdles and yen volatility remain.
Energy stocks surge on geopolitical events. CVX, ENB, COP offer scale, dividends, and long-term value despite oil price swings.
IBP stock down 15.9%, revenue growth slows. Trades at 20.8x forward P/E, analysts see little upside.
MDB's -22% drop resets valuation. Growth slows, but strong Atlas run rate & margins offer long-term value.
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