TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, March 14. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – reporting Read more…
Fast Facts SpaceX successfully launched its Starship rocket in its third test of the vehicle Thursday morning. This third test outlasted both previous tests, successfully making its way into outer space. Nearly a year after its Read more…
Silver marks new higher highs in the year to date Some caution required as former resistance area is nearby Silver bulls roared back during Wednesday’s late European trading hours, with the metal soaring to a more-than-three month Read more…
Retail sales rose 0.6% month-on-month (m/m) in February, reversing most of January’s -1.1 % decline (revised from -0.8% previously). This was lower than the consensus forecast calling for slightly stronger growth of 0.8%. Trade in Read more…
Daily Pivots: (S1) 147.31; (P) 147.68; (R1) 148.12; More… Range trading continues in USD/JPY and intraday bias stays neutral. On the downside, sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue Read more…
Daily Pivots: (S1) 0.8773; (P) 0.8782; (R1) 0.8799; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have Read more…
Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 Read more…
Super Micro Computer (SMCI) is movin’ on up. On Monday, the San Jose, Calif.-based tech company will be leaving the S&P MidCap 400 and heading over to the greener pasturers the S&P 500. And when Read more…
Daily Pivots: (S1) 1.2778; (P) 1.2794; (R1) 1.2814; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Further rally will remain in favor as long as 55 4H EMA (now at 1.2764) holds. Read more…
Consolidative trading continues in the forex markets in general. There is little reaction to the batch of economic data released from there US. Comments from ECB officials were also largely ignored. For now, commodity currencies Read more…