US 500 stock index pauses decline near 100-SMA, but negative risks remain Breaking above 5,600 could positively impact buying sentiment The US 500 stock index maintained support close to its 100-day simple moving average (SMA) for a Read more…
The British pound has edged lower on Tuesday. In the North American session, GBP/USD is trading at 1.3055, down 0.14% on the day. UK wage growth drops to 2-year low UK wage growth eased in Read more…
yWhile Target (TGT) and Dollar Tree (DLTR) warned of a pressured economy, Costco’s (COST) August sales surprised analysts. The retailer posted August sales results on Sept. 5, reporting that global net sales grew 7.1% to Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is trying to put its recession fears to rest and upbeat news from the Read more…
Markets Spotting significant market moves is like looking for a needle in a haystack today. We give it our best shot anyway by diving into a bumper bond sale taking place in Italy. The southern Read more…
Daily Pivots: (S1) 142.15; (P) 142.97; (R1) 144.00; More… Range trading continues in USD/JPY and intraday bias stays neutral for the moment. Further decline is expected as long as 147.20 resistance holds. On the downside, Read more…
Daily Pivots: (S1) 0.8449; (P) 0.8472; (R1) 0.8517; More… Intraday bias in USD/CHF stays neutral and more consolidations could be seen above 0.8374. With 0.8356 resistance intact, further decline is expected. On the downside, break Read more…
Daily Pivots: (S1) 1.1016; (P) 1.1053; (R1) 1.1073; More…. Outlook in EUR/USD remains unchanged and intraday bias stays neutral. Consolidation from 1.1200 could extend with deeper pull back, but downside should be contained by 38.2% Read more…
Private islands have become a massive part of Royal Caribbean’s strategy. The company has invested over $250 million in its signature destination island Perfect Day at CocoCay while it has also been building out private-island-style Read more…
Daily Pivots: (S1) 1.3046; (P) 1.3095; (R1) 1.3121; More… No change in GBP/USD’s outlook and intraday bias remains neutral. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of Read more…