Cryptocurrencies
Research US – Higher for Longer
A higher interest rate for longer looks to be the way forward for Federal Reserve. We expect it to hike Fed Funds rate at least another 125bp and keep it here. The market agrees and Read more…
Cryptocurrencies
USDCHF Needs Boost from Buyers to Switch the Outlook to Bullish
USDCHF is in the process to post the fifth straight day of gains, following the pullback off the 0.9367 support level. The pair jumped above the 200-day simple moving average (SMA) again and is trying Read more…
Cryptocurrencies
Deere Stock Tumbles As Supply Chain Pressures Bring Q3 Earnings Miss, Profit Forecast Cut
Deere’s third quarter profits “reflected higher costs and production inefficiencies driven by the difficult supply-chain situation,” said CEO John May. Deere & Co (DE) – Get Deere & Company Report shares tumbled in pre-market trading after Read more…
Cryptocurrencies
Applied Materials Stock Higher After Q3 Earnings, Chip Market Optimism
“Although we’re confident in our ability to perform well in a range of market scenarios, we’re mindful of the current macroeconomic trends,” said CEO Gary Dickerson. Applied Materials (AMAT) – Get Applied Materials Inc. Report shares Read more…
Cryptocurrencies
Home Depot Stock Gains On $15 Billion Buyback, $1.90 Dividend; Ted Decker Named Chairman
Home Depot closed out a busy week by naming CEO Ted Decker as chairman, unveiling a new $15 billion buyback and declaring a $1.90 per share dividend. Home Depot (HD) – Get Home Depot Inc. Read more…
Cryptocurrencies
Bitcoin Failed to Hold, Testing Key Levels Again
Market picture Bitcoin was almost flat on Thursday but started Friday with a 6% plunge, momentarily dropping to $21.5K. Ethereum is losing 4.5% overnight to $1760. Leading altcoins are down 7% (XRP) to 12% (Solana). Read more…
Cryptocurrencies
Bed, Bath & Beyond Stock Plummets As Ryan Cohen Nets $60 Million From Activist Exit
GameStop chairman Ryan Cohen completed his exit from an activist stake in Bed, Bath & Beyond Thursday after riding a meme-lead rally to a near $60 million in profits. Updated at 9:42 am EST Bed, Read more…
Cryptocurrencies
Bed, Bath & Beyond Stock Plummets As Ryan Cohen Nets $60 Billion From Activist Exit
GameStop chairman Ryan Cohen completed his exit from an activist stake in Bed, Bath & Beyond Thursday after riding a meme-lead rally to a near $60 million in profits. Bed, Bath & Beyond (BBBY) – Read more…
Cryptocurrencies
USDCHF Needs Boost from Buyers to Switch the Outlook to Bullish
USDCHF is in the process to post the fifth straight day of gains, following the pullback off the 0.9367 support level. The pair jumped above the 200-day simple moving average (SMA) again and is trying Read more…
Cryptocurrencies
XAU/USD: Impulse Structure Hints at Higher Levels
The internal XAUUSD structure suggests a global correction pattern, which takes the form of a cycle triple zigzag. On the current chart, we see the structure of the bearish cycle intervening wave x, which looks Read more…