Daily Pivots: (S1) 1.2851; (P) 1.2866; (R1) 1.2883; More… GBP/USD’s fall from 1.3043 extends lower today and intraday bias is back on the downside with break of 1.2859 resistance turned support. Decisive break of 55 Read more…
Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. EUR/USD’s fall from 1.0947 resumed by breaking 1.0825 temporary low and intraday bias is back on the downside. Sustained break of 55 D EMA (now at Read more…
Dollar’s rally is gaining significant traction today, as major European currencies face increasing selling pressure. The break of last week’s lows in both EUR/USD and GBP/USD pairs suggests that the greenback’s rise is poised to Read more…
Most retail chains offer ways for insiders to save more money. That usually comes at a price, Costco (COST) , for example, offers its Executive membership at twice the price of its basic Gold membership, Read more…
When a company files Chapter 11 bankruptcy it puts itself at the mercy of the court, its lenders, and its creditors. It may enter the proceedings with a clear plan, but if any of those Read more…
Nikkei rebounded strongly during Asian session, closing up by more than 800 points or 2.13%. This marked the index’s first day of gains in nine sessions, following a three-month low last week. The stabilization in Read more…
Cruise ships have tight quarters and cabins are sometimes shared by parents and their older children, friends, or other people who may not be comfortable changing in front of each other. That can lead to Read more…
Surviving a Chapter 11 bankruptcy requires the support of vendors, lenders, and creditors. In some cases, however, various parties can have issues with the court-approved deal and not fully derail the process. That could mean Read more…
After it bought $1.9 million worth of shares in Southwest Airlines (LUV) back in June, investment firm Elliott Investment Management wasted no time in expressing its desire to see existing CEO Bob Jordan and board Read more…
US 500 bearish correction in short-term is not enough for retracement Momentum oscillators turn up The US 500 (cash) index rebounded significantly off the long-term ascending trend line and surpassed beyond the 50-day simple moving Read more…