Daily Pivots: (S1) 1.3544; (P) 1.3572; (R1) 1.3613; More… Intraday bias in GBP/USD stays neutral with focus on 1.3642. Break there will resume the rebound from 1.3356 to 1.3748 resistance. Firm break there will revive Read more…
Daily Pivots: (S1) 0.9199; (P) 0.9230; (R1) 0.9253; More…. Range trading continues in USD/CHF and intraday bias remains neutral at this point. Overall, further rally is mildly in favor as long as 0.9090 support holds. Read more…
Billionaire Elon Musk has doubled-down on his long running spat with the SEC, accusing regulators of attempting to stifle his First Amendment rights. Updated at 9:39 am EST Tesla (TSLA) – Get Tesla Inc Report CEO Read more…
Daily Pivots: (S1) 115.28; (P) 115.53; (R1) 115.71; More… Intraday bias in USD/JPY is back on the downside with break of 115.00 temporary low. Fall from 116.33 is seen as the third leg of the Read more…
The markets are overall mixed today, as investors are holding their breath, awaiting confirmation on whether Russia is going to invade Ukraine, or not. Gold jumps notably and is now eyeing 1900 handle on nervous Read more…
The correlation coefficient can be used with other technical metrics such as standard deviation. Canva What Is the Correlation Coefficient? The correlation coefficient is a metric that measures the strength and direction of a relationship Read more…
Charlie Munger, the legendary investor and Warren Buffett’s business partner, was among skeptics of the electric-vehicle maker’s ambitions. With Tesla’s (TSLA) – Get Tesla Inc Report market capitalization at almost $1 trillion, Elon Musk can Read more…
Dollar stuck between opposing directional forces The ongoing tensions between Ukraine and Russia continue to be the main driving force behind market moves today as yesterday’s signs of de-escalation have completely evaporated. Specifically, the two sides are exchanging accusations over violations of Read more…
Activists at Alta Fox Capital Management are pushing Hasbro to spin-off its profitable “Wizards of the Coast” gaming franchise in a move its says will unlock billions in shareholder value. Hasbro (HAS) – Get Hasbro, Read more…
US initial jobless claims rose 23k to 248k in the week ending February 12, above expectation of 219k. Four-week moving average of initial claims dropped -11k to 243k. Continuing claims dropped -25k to 1593k in Read more…