Gabelli Asset Management, founded by the legendary money manager Mario Gabelli, represents a classic value-investment firm. One of the firm’s flagship funds is Gabelli Equity Trust (GAB) , an all-capitalization value mutual fund with $2 Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower Monday, while the dollar held steady against its global peers and Treasury yields dipped, as investors looked to a key inflation reading Read more…
WTI oil edged lower in early Monday, following calmer tones regarding possible end of Israeli strikes on southern Gaza, which eased fears about supply disruptions from the Middle East. Fresh easing started to develop a Read more…
Cable ticked higher and hit new highest since Feb 2 in early Monday but was so far unable to sustain gains, keeping the price within congestion which extends into fourth straight day. A double Doji Read more…
Recovery leg from 1.0723 double bottom (Feb 5/6) started to face increased headwinds on approach to daily Tenkan-sen (1.0810), with the base of thick daily cloud (spanned between 1.0828 and 1.0969) laying just above and Read more…
Market picture The crypto market reached a capitalisation of $1.82 trillion in the early hours of trading on Monday. By the early European session, it had corrected to $1.8 trillion, but this is still more Read more…
The price of the Nikkei 225 index is fixed above the level of 37,000 points. The last time this happened was after the index reached its all-time high in 1989. The bullish behavior of the Read more…
EURCHF trades higher, tests key resistance trendline Strong upmove in place since late January Momentum indicators support the current upleg EURCHF is trying to record its eighth consecutive green candle since the January 31 trough. Read more…
Gold trades sideways in the past week Closes profoundly below the 50-day SMA on Friday Momentum indicators turn negative Gold has been rangebound in the past few trading sessions, following its rejection at the 2,065 mark on Read more…
EUR/USD: Dollar Dips but Promises a Rebound Last week saw a scarcity of significant macroeconomic data. In anticipation of new drivers, market participants analysed the state of the US labour market and statements from Federal Read more…