It also purchased a 3D printing company and sold a major digital entertainment company. Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment Read more…
The dollar index rose to a fresh twenty-year high on Thursday, as concerns that tightening monetary policies in attempts to put raging inflation under control would impact global economy, accelerated migration into safety that further Read more…
Markets It’s just one of these days when you don’t know where to look first on markets. We’ll start with the most obvious one this year: fixed income. Ever since Monday’s early push for new Read more…
Daily Pivots: (S1) 158.25; (P) 159.79; (R1) 160.73; More… GBP/JPY’s fall accelerates to as low as 155.57 so far, powering through 61.8% retracement of 150.95 to 168.40 at 157.61. There is no sign of bottoming Read more…
Daily Pivots: (S1) 136.00; (P) 136.85; (R1) 137.53; More…. EUR/JPY’s corrective fall from 139.99 resumes today, by powering through 134.76 support, as well as 38.2% retracement of 124.37 to 139.99 at 134.02. Intraday bias is Read more…
Daily Pivots: (S1) 0.8542; (P) 0.8568; (R1) 0.8611; More… A short term top could be in place at 0.8617 with current retreat. Intraday bias is mildly on the downside for deeper pull back to 0.8465 Read more…
Bitcoin collapsed 8.4% on Wednesday, ending the day at around $28.4K. Thursday’s fall continued, sending the first cryptocurrency down 5% to $27K. Ethereum is down 24% in the last 24 hours, having rolled back to Read more…
Forget fries and onion rings, the Home of the Whopper has a new idea for your side dish. Few things go together as well as a burger and fries. It’s hard to even picture a Read more…
Crude oil must balance between a strengthening dollar and stock market pressure on the one hand and the problematic energy supply situation on the world markets on the other. In our opinion, this delicate equilibrium Read more…
Surging input costs, chip shortages and China’s Covid lockdown are proving to be a collective headwind to global automakers, pushing Tesla shares to the lowest levels since last August. Tesla (TSLA) – Get Tesla Inc Read more…