The FOMC minutes reiterated the Fed’s extremely hawkish stance which saw the US dollar dominate the session. Wednesday US cash market close: The Dow Jones Industrial fell -144.67 points (-0.42%) to close at 34,496.51 The Read more…
Platinum under bearish pressure Likely to fall to support level 929.00 Platinum under bearish pressure after the price broke below the support level 966.00 (which has been reversing the price from the middle of January). Read more…
USDCAD under bullish pressure Likely to rise to resistance level 929.00 USDCAD currency pair under bullish pressure after the price reversed up from the strong support level 1.2450 (previous monthly low from January) – ending Read more…
Short term outlook in DAX suggests the decline to 12420.10 ended wave II. This ended the correction of the rally starting from March 2020 Covid-19 low. The Index has started to rally again in wave Read more…
The FOMC Minutes showed the markets what many investors have already known, in particular: Many Fed officials said 1 or more 50bps hikes may be warranted FOMC backs roll off cap phase-in of 3 months Read more…
Just because a company is executing well, doesn’t mean its shares are immune from larger events. Even if a company is executing well and reporting strong results, its shares can fall based on larger issues Read more…
Enlarge (credit: Getty Images) Security vendor WatchGuard quietly fixed a critical vulnerability in a line of its firewall devices and didn’t explicitly disclose the flaw until Wednesday, following revelations hackers from Russia’s military apparatus exploited Read more…
The social media giant is looking to diversify its sources of income. Facebook (FB) – Get Meta Platforms Inc. Class A Report is looking for a breath of fresh air. While waiting for the metaverse to Read more…
The theme park giant has something big planned for an 80-acre piece of land. The theory that media giant Disney wants to create a kinder, gentler world is hardly news — after all, the company’s Read more…