By Afe Funbi Key highlights: Institutions shorted silver all week to protect options positions, creating artificial selling pressure ahead of expiry Inverse head and shoulders pattern forming on chart with neckline at $75, a break could target $85 to $90 Mechanical buying from short covering could spark sharp rally now that options have expired Big […]
Tag: ICF
By Patrick Timely Shopify surged more than 11% in premarket trading after delivering strong revenue growth and announcing a $2 billion share buyback program, overcoming a modest earnings miss in its fourth-quarter results. Shares closed at $127.24 before jumping toward $141 in early trading, reflecting strong investor confidence in the company’s 2026 outlook. Revenue strength […]
By Patrick Timely Gold is trading near $5,000, giving the metal a market capitalization of roughly $17.85 trillion, after a volatile pullback that briefly pushed prices below recent highs. Despite the short-term correction, gold remains firmly elevated on a historical basis, supported by sustained institutional demand and a broader shift in how reserves are managed […]