Microsoft crash: What it means for tech stocks
|Welcome back, everyone! Here's what you need to know for the upcoming week:
Major market disruptions:
- CrowdStrike update: Major fail, impacting Microsoft computers and causing market disruptions.
- Microsoft: Encountering resistance, potential further downside.
️Precious metals and commodities:
- Gold and Silver: Showing bearish momentum with potential corrections ahead.
- Oil: High levels but currently correcting.
Crypto market:
- Bitcoin and altcoins: Roaring back with strong positivity, key resistance levels broken.
Economic insights:
- PMI Data: Important insights coming on Wednesday.
- Bank of Canada: Interest rate decision on Wednesday, expect volatility.
Market sentiment:
- US Dollar: Gearing up steam, affecting Euro, Pound, and other currencies.
- Stock Markets: Nasdaq, S&P 500, Dow Jones showing bearish sentiment.
Join us next week for more insights!
Happy trading and have a great weekend!
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