Who does the tax-code benefit most? Low-income or high-net-worth? Find out what it means to you. The tax code bestows largesse upon low-income and high-net-worth taxpayers. This begs the question: which group gets the largest Read more…
Daily Pivots: (S1) 0.9473; (P) 0.9505; (R1) 0.9528; More… USD/CHF recovers slightly today after touching 0.9471 resistance turned support. Strong support should be seen around current level to bring a strong rebound. On the upside, Read more…
Markets are generally in cautious mode today. While Asian markets tumbled, major European indexes are just in slight red. Dollar rebounds notably after US House Speaker Nancy Pelosi finally took the flight from Malaysia to Read more…
WTI oil lost more than 4.5% on Monday, returning to the area of last month’s lows and marking a new stage of the downtrend. Oil dynamics are tightly linked to the expected economic growth rate Read more…
The New Zealand dollar has reversed directions today and recorded sharp losses. NZD/USD is trading at 0.6285, down 0.75% on the day. Risk appetite has fallen, with US Speaker of the House Nancy Pelosi’s controversial Read more…
A painful (but necessary) restructuring is underway. Will the genomics stock regain the trust of investors soon? Investors started to lose confidence in genetic-testing company Invitae (NVTA) – Get Invitae Corporation Report in late 2021. The Read more…
Stock futures point to lower open as House Speaker Nanci Pelosi’s visit to Taiwan stokes geopolitical concerns; earnings on tap: AMD, Caterpillar, PayPal, Starbucks, Uber, and more U.S. stock-index futures were lower on Tuesday as Read more…
Stock futures point to a lower open on Wall Street as House Speaker Nanci Pelosi’s visit to Taiwan stokes geopolitical concerns; Pinterest shares soar despite second-quarter earnings and revenue miss; Estée Lauder reportedly courting Tom Read more…
EURJPY has been experiencing a decline in the last few daily sessions after its latest advance paused at the 142.30 region. Moreover, the price is currently trading below its lower Bollinger band and is battling Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD . As our members know, GBPUSD is in process of forming Elliott Wave Zig Read more…