Tag: stocks

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 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 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 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 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 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 […]

August 30, 2022

US equity markets started the day in an upbeat mood after yesterday’s hold of support, following last Friday’s Powell speech in Jackson Hole. But good news for the economy turned into bad news for stocks. Today’s Economic Calendar included August’s […]

August 30, 2022

Asian stocks were mixed Tuesday after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated. Shanghai and Hong Kong fell while Tokyo and South Korea advanced. Oil prices retreated. Wall Street’s benchmark […]

August 29, 2022

Indian shares followed global peers lower on Monday and the rupee hit a record low against the dollar, as Fed Chair Jerome Powell’s hawkish remarks in Jackson Hole, Wyoming on Friday weighed on investors’ appetite for riskier assets. Powell declared […]

August 24, 2022

The dollar eased while U.S. and European stocks edged higher on Wednesday ahead of a speech at the end of the week by Federal Reserve Chair Jerome Powell that may signal a reaffirmation or a “pivot” from an aggressive policy […]

August 22, 2022

The US Dollar Index (DXY) is nearing the July high at 10929, an important high as the bull cycle looks set to continue. We may not see the dollar break out and run without a set-back, but as we head […]

August 18, 2022

Markets reacted cautiously to the minutes of the recent Fed meeting that revealed a Fed that is inclined to increase rates further so as to tame inflation. However, the minutes also instilled hopes that the Fed would slow down its […]

August 16, 2022

On this day in 1991, President George H. W. Bush declared that the recession that started July 1990 was almost over. It officially ended in December 1992. But the NBER only declared its end 22 months after the fact — […]

August 16, 2022

Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron. Berkshire Hathaway detailed all its second-quarter investments Monday in a new […]

August 12, 2022

Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement […]