Cord-cutting was all the rage a few years ago, as the U.S., seemingly fed up with ever increasing costs and poor customer service, abandoned the cable apparatus that had dominated entertainment for the previous three Read more…
ChatGPT maker OpenAI said early Wednesday that its recently-ousted chief and co-founder Sam Altman will be returning as CEO. His return also marks the introduction of a new board, which includes Bret Taylor, Larry Summers Read more…
Burger King has followed a sad trajectory. The chain has fallen below Wendy’s as the No. 2 fast-food hamburger chain. That’s like Pepsi dropping behind Keurig Dr. Pepper as Coca-Cola’s chief rival. And BK’s parent, Read more…
US durable goods orders fell -5.4% mom to USD 279.4B in October, worse than expectation of -3.2% mom. Headline orders were also down three of the last four months. Ex-transport orders was rose 0.0% mom Read more…
US initial jobless claims fell -24k to 209k in the week ending November 18, better than expectation of 225k. Four-week moving average of initial claims fell -750 to 220k. Continuing claims fell -22k to 1840 Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURJPY published in members area of the website. As our members know, the pair is Read more…
Every day, it seems another electric vehicle manufacturer is launching, revealing or unveiling their latest model to compete with Tesla’s best-selling car in the world, the Model Y crossover sports utility vehicle. Chinese EV maker BYD Read more…
AUDUSD is holding within a near-term sideways mode after larger rally stalled at strong resistance zone at 0.6582/87 (50% of 0.6894/0.6270 / 200DMA) but subsequent weakness was short-lived as Aussie dollar received fresh support from Read more…
EURGBP erases last week’s bounce Technical signals are mixed Selling pressures might intensify below 0.8780 EURGBP switched to losses, falling back below its 20-day simple moving average (SMA) after an unsuccessful three-day battle around the Read more…
Yesterday’s news from the FOMC is unlikely to have much impact on participants’ views that the Fed’s tightening cycle is over. According to published protocols: → The Fed will act cautiously; → all FOMC participants Read more…