US consumer confidence weakened further in December, with the Conference Board index falling from 92.9 to 89.1, below expectations of 91.7. The pullback was driven by the sharp deterioration in current conditions. The Present Situation Read more…
The United States liquor industry has faced problems on multiple fronts. First, Americans just aren’t drinking as much as they used to. “The percentage of U.S. adults who say they consume alcohol has fallen to Read more…
Target has seen its in-store business struggle, although it returned to positive same-store sales in its most recent quarter. That represents a comeback after multiple quarters of declining same-store sales. Q2 2024:+0.7% (Target Investor Relations) Q3 2024:(1.9%) Read more…
Daily Pivots: (S1) 1.1722; (P) 1.1746; (R1) 1.1786; More…. EUR/USD is still bounded in range below 1.1803 and intraday bias stays neutral. On the upside, break of 1.1803 will extend the rally from 1.1467 to Read more…
Daily Pivots: (S1) 1.3398; (P) 1.3438; (R1) 1.3502; More… GBP/USD’s rally from 1.3008 resumed by breaking through 1.3455 and intraday bias is back on the upside. Further rise should be seen to retest 1.3787 high. Read more…
A $500 price target almost always grabs attention, regardless of which analyst makes that call. However, it carries a lot more weight when it comes from someone who has covered the stock for years, with Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal The new year is the time Read more…
This week, investors and little kids are wondering the same thing: Is Santa Claus really coming? The “Santa Claus rally” is a technical indicator coined by Yale Hirsch in 1972, five years after he created Read more…
Daily Pivots: (S1) 156.59; (P) 157.15; (R1) 157.59; More… USD/JPY’s sharp decline today suggests rejection by 157.88 resistance, and intraday bias is turned neutral. Consolidations from 1.5788 is extending with another downleg. But further rally Read more…
Yen rebounded broadly today, but the move appears driven more by pre-holiday profit-taking than a genuine shift in trend. Position squaring into year-end has offered temporary relief after recent weakness, yet price action lacks the Read more…