Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The Dow and the S&P 500 are frolicking in record territory with tech stocks energized by Read more…
In summer 2023 Southwest Airlines (LUV) first started hinting that it would introduce red-eye routes. The airline, founded out of Dallas in 1967 and operating its first flight in 1971, has over the years become known Read more…
Markets European trading mostly revolved around China’s Politburo promise of more forceful cuts, necessary fiscal spending and vow to stabilize the ailing real estate market in late Asian trading dealings this morning. It fired up Read more…
Carnival and Royal Caribbean seem to be in an arms race when it comes to delivering the biggest and best ships possible. Both cruise lines have multiple mega-ships on order and continue to add features Read more…
Daily Pivots: (S1) 1.1099; (P) 1.1156; (R1) 1.1191; More…. Intraday bias in EUR/USD remains neutral for consolidations below 1.1213. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will extend larger rally Read more…
Daily Pivots: (S1) 1.3281; (P) 1.3355; (R1) 1.3398; More… Intraday bias in GBP/USD remains neutral for consolidations below 1.3429 temporary top. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3429 Read more…
Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… Intraday bias in USD/JPY remains on the upside at this point. Rebound from 139.57 is in progress for 38.2% retracement of 161.94 to 139.57 at 148.11. Read more…
Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… USD/CHF is still bounded in range of 0.8374/8548 and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to Read more…
Swiss Franc remained relatively stable today following SNB’s decision to cut its policy rate by 25bps, bringing it down to 1.00%. This move defied some market speculations that anticipated a larger 50bps reduction. Despite opting Read more…
Hurricane Helene, the name of the tropical storm that started out in the Caribbean Sea and is now slated to hit Florida and the rest of the Gulf Coast in coming days, has already started Read more…