Category: Trading

September 30, 2022

FOREX EXIT STRATEGY #1: TRADITIONAL STOP/LIMIT (USING SUPPORT AND RESISTANCE) One of the best ways to keep emotions in check is to set targets (limits) and stops at the same time the trade is entered into. This is a much […]

September 27, 2022

World shares were mostly higher on Tuesday as buying kicked in after heavy selling on Wall Street put the Dow Jones Industrial Average into what’s known as a bear market. U.S. futures and oil prices gained. In early European trading, […]

September 26, 2022

Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned tax cuts. France’s CAC 40 rose 0.2% in early trading to 5,795.88, while Germany’s DAX added 0.2% to […]

September 23, 2022

Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong and […]

September 21, 2022

Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades. France’s CAC 40 fell nearly 0.1% in early trading […]

September 20, 2022

Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to […]

September 19, 2022

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices rose while U.S. futures declined. […]

September 16, 2022

Global stocks and Wall Street futures fell Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might back off plans for more interest rate hikes. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong retreated. Oil prices declined. […]

September 15, 2022

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street. Germany’s DAX added 0.4% to 13,075.05 while the CAC 40 in Paris edged 0.1% higher to 6.230.03. Britain’s FTSE 100 climbed […]

September 13, 2022

Global stocks and Wall Street futures were higher Tuesday ahead of data traders hope will show that surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong […]

September 12, 2022

Carvana — Shares of the online car seller rose more than 7% in the premarket after Piper Sandler upgraded Carvana to overweight from neutral. The firm said Carvana could double from current levels, noting that the stock is too cheap […]

September 9, 2022

Positive global cues helped Indian shares surge higher on Friday, but markets ended well off their highs following recent strong gains. Investor sentiment was underpinned after both Fed Chair Jerome Powell and ECB chief Christine Lagarde confirmed an aggressive tightening […]

September 8, 2022

One of the key developments in technology in recent years has been explosive growth in the amount of data produced worldwide. For instance, more photographs have been taken this year than during the entire history of film cameras. Similarly, an […]

September 8, 2022

GameStop — GameStop surged 9.2% before the bell despite sharing a widening quarterly loss and declining sales. The video game retailer also announced a partnership with crypto exchange FTX. GameStop’s results could not be compared since few analysts cover the […]

September 8, 2022

Indian shares posted strong gains on Thursday, as oil extended losses on demand concerns, after having plunged to hit seven-month lows in the U.S. trading session overnight. Indian bond yields dropped as oil’s fall below $90 a barrel helped ease […]

September 7, 2022

Asian benchmarks mostly rose Thursday, as investor optimism got a perk from a rally on Wall Street that’s on track to break a three-week losing streak. Japan’s benchmark Nikkei 225 surged nearly 2.0% in morning trading to 27,964.16. Australia’s S&P/ASX […]

September 6, 2022

The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest move comes after CFO Gustavo Arnal committed suicide Friday. Bed Bath & Beyond said in a statement Sunday that Arnal was “instrumental” in […]

September 6, 2022

Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth and Australia’s central bank raised its benchmark interest rate. Shanghai, Tokyo and Seoul gained while Hong Kong declined. […]

September 2, 2022

Asian stock markets were mixed Friday ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging inflation. Shanghai and Seoul advanced while Tokyo and Hong Kong retreated. Oil prices rose more […]

August 31, 2022

By Wednesday’s close, according to preliminary data, the Dow Jones industrial average had fallen just over 4%, the tech-rich Nasdaq was down 4.64%, and the S&P 500 had fallen 4.24% over the month. For the day, the Dow was down […]