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In this video, market sentiment, investor psychology, and stock market trends take center stage as David Keller, CMT, shares three powerful sentiment indicators that he tracks every week. He explains how the values are derived, what the current readings say about the market environment in April 2025, and how these levels compare to past bull markets and bear markets. If you’re looking for a sentiment playbook to navigate these markets, this analysis will give you the edge.

This video originally premiered on April 21, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

Tesla Inc. (TSLA)

Tesla, Inc. (TSLA) remains one of the world’s most volatile and discussed stocks, with Elon Musk’s political bent having made it a lightning rod of discussion. Sales continue to fall – especially in Europe – and Musk’s personal focus seems to be on many other areas. It will be interesting to see how the numbers look and what if any guidance may be given when Tesla reports on Tuesday afternoon.

Technically, shares have made a full reversal since their post-election rally and now sit poised to move again. This is not an ideal-looking chart for the bulls, as key levels of support have been breached, the near-term trend is lower, and the long-term trend is a volatile mess.

FIGURE 1. DAILY CHART OF TESLA STOCK PRICE.

Currently, there’s a descending triangle in a near-term downtrend, with a floor around $215. It has been tested twice and held, but each rally continues to be met with strong resistance. There is more overhead resistance and work to be done to get shares on the right ascending track.

During a rally, there are three levels where sellers should take charge. The first level coincides with the current triangular downtrend line and old support, now resistance, which goes back to its pre-election breakout around $270. Then there is also the 200-day moving average just over $290. Lastly, there is the downtrend from the recent highs at the $300 level.

Momentum favors the bears on any rally, and weakness could plunge the stock towards its August 2024 lows around $180. It is not an ideal risk/reward set-up going into the numbers. Both key momentum indicators — relative strength index (RSI) and moving average convergence/divergence (MACD) — appear to be stalling, which makes this stock one to avoid despite all the news it may cause later this week.

Service Now (NOW)

ServiceNow, Inc. (NOW) shares have been decimated since reporting earnings last January. The software company, the fourth-largest company in the iShares Tech-Software ETF (IGV), looks to rebound when it reports earnings after the close on April 23.

Technically, recent price action is showing signs of a bottom, and the risk/reward set-up is getting clear.

FIGURE 2. DAILY CHART OF SERVICE NOW.

The sell-off reached a crescendo after “Liberation Day” and snapped back to levels that set up a plan of attack as we go into this week’s earnings. Shares reached extreme oversold conditions on both the MACD and RSI readings before hitting recent lows. Price action on the biggest move lower showed a divergence in both indicators, and didn’t confirm that last move down.

There are two bullish divergences after a severe drawdown, which is a positive. The Fibonacci retracement levels from the beginning of the bull market to its recent peak also show a positive development. The sell-off found support right at the 61.8% “golden ratio” level, which coincided with prior support going back to the lows of 2024.

Momentum is turning, a floor seems to be apparent, and we have something to reverse – all good signs for a bull case. While the moves are rather wide, targets to the downside look to be set just above $675.

To the upside, a simple mean reversion takes shares back to their declining 50-day moving average just above $865. If it breaks above there, watch for a test of the 200-day moving average, which is another $60 higher.

If you were to believe that a solid number is coming on Wednesday afternoon, as it has in all but one quarter going back to 2018 (last quarter they missed), then it may be a good entry point to capture the upside. However, as it sits in the middle of a range, it’s more of a coin flip here. Currently, it looks as though we have a sell-off that should be bought and a rally that should be faded.

One thing we do know is that it will be interesting to see if the stock can try to recapture its longer-term uptrend in a rather tricky tape.

Alphabet, Inc. (GOOGL)

Alphabet (GOOGL) continues to make headlines as it deals with ongoing litigation in Washington and competition from search engines like ChatGPT. Shares have been under pressure all year and are at a fork in the road coming into their Thursday numbers.

FIGURE 3. WEEKLY CHART OF GOOGL STOCK.

We kept this weekly chart as simple as possible to show this “fork-in-the-road” scenario. At the end of 2024, the chart completed a beautiful saucer bottom pattern and broke out. It almost achieved its upside targets around $220, but fell just short.

Then it broke down.

After its initial breakout, GOOGL rallied and paused. Price faded back to test old resistance after its initial leg higher. That level of old resistance became support, in textbook fashion. Shares rallied from there to make new all-time highs; then, they failed again.

Now, GOOGL sits at a key level that was tested once last week and held. Shares never closed below the key support area around $150. That sets traders up with a risk/reward scenario that seems favorable, for now. Anyone buying the stock here has two levels from which to cut their losses if price were to break down from here.

Watch the recent intraday lows at $140.50 and then the rising 200-week moving average at $136. If it closes below there, you should exit the stock and wait for a better entry point. 

To the upside, there is smooth sailing to the 50-week moving average just above $172. It may take a strong beat and guide in this macro environment to push much higher, but the lines are set as we head into this busy week of earnings. 

John Feneck, portfolio manager and consultant at Feneck Consulting, outlines his updated outlook for gold as the yellow metal continues to reach new highs.

He also discusses seven gold and ‘special situations’ companies that are on his radar.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

(TheNewswire)

TheNewswire – Vancouver, BC – Providence Gold Mines Inc. (‘the Company’) announces that effective April 18, 2025, the Company’s lease agreement with the Ellers Family Trust, dated March 28, 2017 and amended April 24, 2019 and May 24, 2020, has been terminated. The lease agreement granted the Company a lease of claims comprising the Tuolumne Property in California (the ‘ Property ‘) and options to acquire a 50% working interest in the Property or purchase 100% right, title and interest in the Property. The Company intends to focus its efforts on securing a new lease for the Property on favorable terms to the Company.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD

‘Ronald Coombes’

Ronald Coombes, President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Ronald Coombes

Mobile: 1- 604- 724- 2369

rcoombesresources@gmail.com

Cautionary Statements Regarding Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. ‘Forward-looking information’ includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘occur’ or ‘be achieved’ or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company will be able to focus its efforts on securing a new property agreement. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the nature of the Company’s negotiations with counter parties, fluctuating gold prices, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.


Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.


The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. We seek
safe harbor.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to provide an update on recent community investment initiatives. FPX is committed to positively contributing to the communities where we operate through investments in programs or organizations that address inequality and are strongly aligned with Company values. FPX established the Community Office in 2024 in Fort St. James which is located approximately 90 km from the Baptiste Nickel Project (the ‘ Project ‘). The Company hosts regular open houses which offer the opportunity for local community members to learn about the Company, its employees, and the Project, and to provide early feedback to inform the Company’s activities.

‘Through early community feedback, we have heard about the importance of access to education and training, and about finding meaningful ways to support the people and programs in the communities in which we operate to help create lasting, positive impacts,’ commented Martin Turenne , FPX’s President and CEO. ‘We are pleased to provide an update on two important initiatives, our Student Bursary Program and Community Investment Program. We are thrilled to have made these contributions so far in 2025 and look forward to continuing to support other important local community-driven initiatives, aligned with our core values of safety, respect, and collaboration.’

Student Bursary Program

The Company is pleased to announce the establishment of a Student Bursary Program (Building Brighter Futures: Bursaries, Scholarships and Awards) through Indspire, a Canadian Indigenous-led charity that invests in the education of First Nations, Inuit, and Métis individuals through scholarships, mentorship, and community-driven programs.

FPX has funded a total value of $25,000 for 2025. Selection of candidates is completed independently by Indspire, with the amount awarded to each successful recipient determined at Indspire’s discretion based on financial need. The value of awards ranges from $3,500 to $5,000 . FPX is very pleased to announce the first two bursary awards have been granted to recipients from Binche Whut’en and Takla Nation .

The next application intake deadline is August 1, 2025 . Details on eligibility and how to apply can be found on the Indspire website: https://indspirefunding.ca/fpx-nickel/

Community Investment Program

In the first quarter of 2025, FPX launched the Community Investment Program, with a total funding value of $50,000 . The objective of the program is to drive meaningful, positive impact in the communities where the Company operates. Investments are considered on an ongoing basis and prioritized based on initiatives that address inequality and closely align with core Company values of safety, respect, and collaboration.

Investments made in the first quarter of 2025 include:

  • Free Public Skating (District of Fort St James ): A donation from FPX funded free public skating at the Fort Forum for the 2024/2025 public skating season.
  • Indigenous Night Hockey Game ( Takla Nation ): FPX provided a contribution for Takla Elders and family to attend the Prince George Cougars Indigenous Night hockey game on January 24, 2025 .
  • Annual Trail Maintenance Fundraising (Fort St. James Snowmobile Club): FPX provided support for the Fort St. James Snowmobile Club through a donation to their annual Poker Ride held March 1, 2025 , which brings communities together to enjoy the outdoors and helps fund maintenance of trails to keep them in safe condition.
  • Hobiyee Ceremony Attendance (Fort St. James Secondary School Boys and Girls Club): FPX provided a contribution to the Ntsoo ookw’un’a ‘int’oh and Ts’iyaz Nus Indigenous & Culture Knowledge Girls and Boys program at Fort St. James Secondary School for students to attend the Hobiyee full moon ceremony in New Aiyansh on February 19-23, 2025 .
  • Ndi yun k’ut khusna 2025 (On This Living Land) (Nak’azdli Whut’en): FPX provided a contribution to the Ndi yun k’ut khusna 2025 (On This Living Land) event to be held in May. Formerly called ‘Wildlife Week’, this annual event serves as a valuable forum for communities, partners, participants, and individuals to exchange knowledge and engage in discussions around wildlife management and conservation efforts.
  • ‘Walk a Mile in My Moccasins’ Golf Tournament (Sasuchan Development Corp, Takla Nation ): FPX is a silver sponsor of the ‘Walk a Mile in My Moccasins’ golf tournament on June 19, 2025 . All proceeds from this event will benefit the Nus Wadeezuhl Community School in Takla Landing , to support upgrades to technology and cultural programs for students.

Shape the Future of our Work

FPX is committed to finding meaningful ways to support the people and programs in the communities in which we operate to create lasting, positive impacts.  To inform us about new programs or initiatives or to apply for the Community Investment Program, please reach out to our team, in-person at our Community Office at 602 Stuart Drive West, Fort St. James , or by email at: community@fpxnickel.com .

Learn More

Below are some ways that you can learn more about the Baptiste Nickel Project:

    About the Baptiste Nickel Project

    The Company’s Baptiste Nickel Project represents a large-scale greenfield discovery of nickel mineralization in the form of a sulphur-free, nickel-iron mineral called awaruite (Ni 3 Fe) hosted in an ultramafic/ophiolite complex.  The absence of sulphur and our ability to connect to the BC Hydro grid means that Baptiste has the potential to be one of the lowest carbon-intensive nickel producers in the world.  The Baptiste mineral claims cover an area of 408 km 2 west of Middle River and north of Trembleur Lake, in central British Columbia.  In addition to the Baptiste Deposit itself, awaruite mineralization has been confirmed through drilling at several target areas within the same claims package, most notably at the Van Target which is located 6 km to the north of the Baptiste Deposit.  Since 2010, approximately US $55 million has been spent on the exploration and development of Baptiste.

    FPX has conducted mineral exploration activities to date subject to the conditions of agreements with First Nations and keyoh holders.

    About FPX Nickel Corp.

    FPX Nickel Corp. is focused on the exploration and development of the Baptiste Nickel Project, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company’s website at https://fpxnickel.com/

    On behalf of FPX Nickel Corp.

    ‘Martin Turenne’
    Martin Turenne , President, CEO and Director

    Forward-Looking Statements

    Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

    Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

    SOURCE FPX Nickel Corp.

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/22/c4362.html

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    (TheNewswire)

    NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    VANCOUVER, BC TheNewswire – April 22, 2025 Heritage Mining Ltd. (CSE: HML) (‘ Heritage ‘ or the ‘ Company ‘) is pleased to announce that it has closed the second and final tranche (‘ Tranche Two ‘) of its non-brokered private placement financing (the ‘ Offering ‘) previously announced on April 7, 2025 and March 7, 2025.

    The Company raised an aggregate of $232,500.00 pursuant to Tranche Two, of which $182,500.00 was raised on the issuance of 3,650,000 units (‘ Units ‘) and $50,000.00 was raised on the issuance of 1,000,000 flow-through units (‘ FT Units ‘), for total gross proceeds of $1,028,500.00 from the Offering. Each Unit was issued at a price per Unit of $0.05 and is comprised of one common share in the capital of the Company (‘ Common Share ‘) and one Common Share purchase warrant entitling the holder to acquire one Common Share for a period of 60 months from issuance at an exercise price of $0.10 (‘ Warrant ‘). Each FT Unit was issued at a price per FT Unit of $0.05 and is comprised of one Common Share which will qualify as a ‘flow-through share’ as defined in subsection 66(15) of the Income Tax Act (Canada) and one Warrant.

    The Warrants are subject to an accelerated expiry option whereby the Company can trigger an accelerated 30-day expiry of the Warrants if the closing price of the Company’s Common Shares listed on the Canadian Securities Exchange (the ‘ CSE ‘) remain higher than $1.00 for 10 consecutive trading days. On the 10th consecutive trading day above $1.00 (the ‘ Acceleration Trigger Date ‘), the Expiry Time may be accelerated to 30 trading days after the Acceleration Trigger Date by the issuance of a news release announcing such acceleration, within two trading days of the Acceleration Trigger Date.

    The Company paid an aggregate $1,450 in cash commissions and issued an aggregate of  28,000 compensation warrants (the ‘ Compensation Warrants ‘) in connection with Tranche Three. Each Compensation Warrant entitles the holder to acquire one Common Share for a period of 36 months from issuance at an exercise price of $0.05.

    Proceeds of Tranche Two will be used to fund the Company’s previously announced exploration and drilling program on its flagship Drayton-Black Lake Project, in addition to general working capital. All securities issued pursuant to the Tranche Two are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company looks forward to continuing to advance its planned exploration program on the Drayton-Black Lake Project on schedule.

    As part of the closing of Tranche Two, the Company settled $75,000 in debt obligations through the issuance of 1,500,000 Common Shares at a price of $0.05 and issued 2,180,000 Common Shares to directors and officers pursuant to the Company’s equity incentive policies upon the recommendation of the compensation committee of the Company’s board of directors.

    For further information about the Company, please see the Heritage’s profile on SEDAR at www.sedar.com .

    ABOUT Heritage Mining LTD.

    The Company is a Canadian mineral exploration company advancing its two high grade gold-silver-copper projects in Northwestern Ontario. The Drayton-Black Lake and the Contact Bay projects are located near Sioux Lookout in the underexplored Eagle-Wabigoon-Manitou Greenstone Belt. Both projects benefit from a wealth of historic data, excellent site access and logistical support from the local community. The Company is well capitalized, with a tight capital structure.

    For further information, please contact:

    Heritage Mining Ltd.

    Peter Schloo – Chief Executive Officer, President and Director

    Phone: (905) 505-0918

    Email: peter@heritagemining.ca

    FORWARD-LOOKING STATEMENTS

    This news release contains certain statements that constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events of the Company. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘forecast’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘potential’, ‘targeting’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’, ‘outlook’ and similar expressions are not statements of historical fact and may be forward looking information. All statements, other than statements of historical fact, included herein are forward-looking statements.

    Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company’s estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the Company’s projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend, and does not assume any obligation, to update any forward‐looking information except as required by law.

    This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.

    Copyright (c) 2025 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    Buy Bitcoin Under $100K Before The Next Bull Run

    The opportunity to buy Bitcoin under $100K may not last much longer. On April 21, 2025, Bitcoin (BTC) traded just below the $100,000 mark, a price level many analysts believe could be the last stop before a massive new rally begins. With institutional adoption rising and macroeconomic pressures easing, the case for long-term BTC growth is strengthening.

    Why Now Might Be the Time to Buy Bitcoin Under $100K

    Market experts point to several factors fueling the bullish sentiment. Firstly, Bitcoin’s halving event earlier this year significantly reduced block rewards, cutting daily supply by half. Historically, halving events have preceded major bull runs. Secondly, growing interest from ETFs and institutional players is creating steady buying pressure. Lastly, declining inflation and improved global liquidity conditions are encouraging investment in risk assets like Bitcoin.

    According to Bitwise CIO Matt Hougan, “It’s not too late to buy Bitcoin under $100K. This could be one of the last best opportunities before we see a surge well beyond six figures.”

    Long-Term Outlook for BTC Investors

    Looking ahead, many analysts predict that Bitcoin could exceed $150,000 by the end of the year. While this isn’t guaranteed, trends in institutional adoption, limited supply, and rising use cases for Bitcoin suggest that prices may continue climbing.

    Although short-term volatility persists, long-term investors remain focused on fundamentals. If history repeats itself, buying Bitcoin at sub-$100K levels may prove to be a decision rewarded in the coming cycle.

    Final Thoughts

    If you’ve been on the sidelines, now could be your moment to enter the market. The chance to buy Bitcoin under $100K might not last much longer. As always, do your research and consider your financial goals before investing.

    Source: Yahoo Finance

    Related: Bitcoin News | Crypto Analysis

    The post Buy Bitcoin Under $100K Before The Next Bull Run appeared first on FinanceBrokerage.

    Trump’s Fed Criticism Sparks Investor Concerns

    The recent spotlight on Trump’s Fed Criticism has sparked unease among investors and financial analysts alike. President Donald Trump’s repeated public attacks on Federal Reserve Chair Jerome Powell have amplified concerns over the central bank’s independence. As a result, markets have reacted with volatility, and investor sentiment has taken a noticeable hit.

    Market Reactions to Political Pressure

    Wall Street’s response to Trump’s Fed Criticism was swift. Major stock indices, including the S&P 500 and Nasdaq, posted losses amid uncertainty over future monetary policy decisions. Investors fear that political attempts to sway the Federal Reserve’s agenda may undermine its objectivity. If monetary policy is dictated by short-term political goals rather than long-term economic data, the implications could be severe for inflation, interest rates, and overall economic health.

    Why Federal Reserve Independence Matters

    One of the cornerstones of a stable economy is a politically neutral central bank. Trump’s Fed Criticism has called that neutrality into question. The Federal Reserve must be able to act without external pressure to maintain credibility in the eyes of global markets. Political interference could compromise its ability to control inflation or manage unemployment rates effectively.

    Investor Sentiment and Future Outlook

    Investor confidence remains fragile. Many market participants have shifted assets into safer investments such as gold and U.S. treasuries, seeking shelter from potential turmoil. Economic advisors stress the importance of maintaining clear, data-driven policy guidance, especially as the U.S. navigates ongoing trade issues and inflation concerns.

    In the coming weeks, the Federal Reserve’s actions will be closely watched. Should Trump’s Fed Criticism intensify, it could further erode market stability and investor trust in U.S. monetary policy.

    Source: Yahoo Finance

     

    The post Trump’s Fed Criticism Sparks Investor Concerns appeared first on FinanceBrokerage.

    Oil Prices Rebound After Trump’s Criticism of Fed Chair Powell

    On April 22, 2025, oil prices rebound experienced a modest rebound following a significant drop the previous day. The initial decline was triggered by President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell, which unsettled financial markets and raised concerns about the central bank’s independence.

    Market Reaction to Political Commentary

    President Trump’s comments on Monday intensified investor fears regarding the Federal Reserve’s autonomy in setting monetary policy. The criticism led to a broad sell-off in equities and commodities, with oil prices bearing the brunt of the market’s anxiety.

    Short-Covering Leads to Price Recovery

    Despite the initial plunge, oil prices rebound edged higher on Tuesday as investors engaged in short-covering. Brent crude futures rose 0.5% to $66.62 per barrel, while West Texas Intermediate (WTI) crude for May delivery increased by 1% to $63.73 per barrel. The more actively traded WTI June contract also gained 0.7% to $62.84 per barrel.

    Ongoing Economic Concerns

    Market participants remain cautious amid ongoing fears of a potential recession linked to U.S. tariff policies and concerns over Federal Reserve independence. These factors have increased worries about the U.S. economy and crude demand. Additionally, progress in U.S.-Iran nuclear deal talks has eased supply concerns, potentially impacting oil prices further.

    As the situation evolves, investors will closely monitor geopolitical developments and central bank communications to assess the potential long-term impacts on the energy markets.

    Source: BloomBurg

    The post Oil Prices Rebound After Trump’s Criticism of Powell appeared first on FinanceBrokerage.