Costco stock is inching higher after the earnings report, but it remains below a key level on the chart. It’s been a great short stretch in the market, with the S&P 500 up almost 5% in Read more…
Higher interest rates are finally forcing some home sellers to do something nearly unthinkable. There are signs that the Federal Reserve’s interest hike campaign is beginning to force the U.S. housing market to cool off, Read more…
A new owner for the Mirage likely means the end of its signature attraction. But fans have new hope. When MGM Resorts International (MGM) – Get MGM Resorts International Report sold the Mirage to Hard Read more…
The latest US employment report will be in the spotlight next week for any signs that recession worries have started to impact hiring. The dollar has lost some of its power lately and this dataset Read more…
The overnight interest rate is widely expected to rise by another 50 bps on June 1 (to 1.5%), as the Bank of Canada continues its efforts to fight inflation. The hike will build on the Read more…
Personal income was up 0.4% month-on-month (m/m) in April, a notch lower than the consensus estimate (+0.5% m/m). There were revisions to the previous month’s reading (+0.5% m/m reported earlier). Strong growth in compensation of Read more…
WTI oil futures (July delivery) have been in a sustained uptrend since the 92.60 region rejected any further dip, generating a profound structure of higher highs and higher lows. Moreover, the ascending 50- and 200-day Read more…
The cruise line has a bold plan to solve something that has caused problems for its passengers. Since Royal Caribbean (RCL) – Get Royal Caribbean Group Report returned to North American sailings in July 2020, the cruise Read more…
Daily Pivots: (S1) 126.56; (P) 127.07; (R1) 127.59; More… While USD/JPY’s correction from 131.34 could extend lower, downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 to 131.34 at 124.86) to bring Read more…
Daily Pivots: (S1) 0.9570; (P) 0.9602; (R1) 0.9620; More… While deeper fall could be seen in USD/CHF, downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the Read more…