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Trade ideas thread - Wednesday, 24 May 2023

Trade ideas thread - Wednesday, 24 May 2023

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Eamonn Sheridan
23/05/2023 | 20:06 GMT

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:

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Big Tech's $650B AI spend fuels infrastructure boom. Traders eye returns amid massive capex.

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AI stocks tumble 40%+! Traders eye beaten-down SaaS valuations for potential rebound.

TechCrunch
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Gold & oil surge on US-Iran strikes. Investors flee to safe havens as prices hit record highs.

Global Times
23m ago

Celestica's stock soars 157% on AI demand, but its P/E of 35.21x is high. Upside remains?

Barchart
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US rig count dips as oil prices climb. Gas-directed rigs hit 2023 highs, signaling shifting production focus.

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CoinDesk
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US payrolls slow to 60K in Feb, less than half Jan's pace. Jobless rate steady at 4.3%. Moderate hiring expected.

Bloomberg
1h ago
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