EURUSD: Having rejected lower prices to close flat on Monday, EURUSD corrective recovery risk is now expected. This is coming on the back of the pair’s past week losses. We expect a recovery higher to build up in the days
November 23, 2015
How Did the Stock Market Do Today? Dow Jones: 17,792.68; -31.13; -0.18% S&P 500: 2,086.59; -2.58;-0.12% Nasdaq: 5,102.48; -2.44;-0.05% The Dow Jones Industrial Average today (Monday) dropped 31 points thanks to a small sell-off in key components like Apple Inc.(Nasdaq: AAPL), Goldman Sachs Group Inc. (NYSE: GS), and Boeing Co. (NYSE:BA). Investors
Many investors build their portfolio with the same methods that they use to cook at home. Throw together a combination of ingredients in varying quantities to create a seemingly cohesive meal. Yet at the end of the day, they probably
“Central banks should consider the possibility of keeping larger balance sheet, or using negative interest rates, to provide stimulus when needed. SF Fed John Williams Governor Williams made this comment after the market close on Friday. In ordinary times, this would
Some weeks when I write this article there is little new to talk about from the prior week. It’s always the Fed, global QE, China growth, election chatter, oil prices, etc. And then there are times like this in which
The Chart of the Day belongs to Aqua America (NYSE:WTR). I found the water supply stock by using Barchart to sort today’s New High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts. Since the Trend
Today was an odd combination of boring and annoying, but I managed to eke out a small profit by day’s end. The centerpiece of the lunacy early on was crude oil, which I was excitedly watching crumble last night. In the
In most advanced economies business cycles can be well characterized by a succession of long expansion phases that are interrupted by short recessions. Given this pattern it is sometimes natural to think about the length of expansions as a key
The major indexes are on track to start today’s session effectively flat. But this will follow impressive gains last week on the back of investors’ growing comfort with the Fed announcing the first rate hike at next month’s meeting. John
The countdown for Black Friday has begun, and retailers have well placed their arsenal to fire on all cylinders — both brick-and-mortar stores as well as online. The day following Thanksgiving Day is the busiest shopping day of the entire
