The financial markets were marked by significant turbulence this last week again, dominated by risk aversion. Evidence are surfacing that the US economy is heading for a recession, or even hard landing. Speculation is mounting Read more…
Costco rarely makes moves that anger its members because the company makes changes very slowly. If it’s going to change part of the in-store experience, it will test it in a few stores to gauge Read more…
While the dip to 1.0776 was deeper than expected, EUR/USD’s subsequent strong rebound suggests that pullback from 1.0947 has completed already. Initial bias stays on the upside for retesting 1.0947 first. Firm break there will Read more…
Craft beer themed restaurants, such as BJ’s and Yard House, have found success in pairing their libations with a variety of food items. BJ’s (BJRI) got it’s start in 1978 as a Chicago deep-dish pizza joint Read more…
There’s something uniquely American about the Jimmy Buffett brand. Even though the singer has global appeal and his Margaritaville lifestyle has Mexican and Caribbean roots, the singer also represents what’s best about his home country. Read more…
Cruise lines want to keep passengers happy but they also have to worry about the safety of the entire ship. That’s why you will see certain items confiscated that many people thought were harmless. You Read more…
USD/JPY’s fall from 161.94 accelerated lower last week and there is no sign of bottoming yet. Initial bias stays on the downside this week for 140.25 support next. On the upside, above 150.88 minor resistance Read more…
GBP/USD’s fall from 1.3043 extended to 1.2706 last week but recovered since then. Initial bias remains neutral this week and further fall is in favor as long as 1.2863 resistance holds. Below 1.2706 will target Read more…
USD/CHF’s fall from 0.9223 accelerated lower last week and there is no sign of bottoming yet. Initial bias remains on the downside this week and deeper decline would be seen to retest 0.8332 low. On Read more…
AUD/USD edged lower to 0.6479 last week but turned sideway since then. Initial bias stays neutral this week for some more consolidations. But further decline is expected as long as 0.6609 minor resistance holds. Break Read more…