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AUDUSD Daily Analysis – Thursday, August 9
AUDUSD is facing 0.7440 resistance, a breakout of this level could take the price to the next resistance level at 0.7483. Near-term support is at 0.7370, below this level could bring the price back towards 0.7310 previous low.
Stocks For You To Swing-Trade: WTW, KBR, NWS
Thursday’s Swing-Trades: Long Weight Watchers Int’l (WTW) Long KBR (KBR) Short News Corp. (NWS)
Sensex Hits 38,000-Mark; Banking & Energy Stocks Gain The Most
Asian equities are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 1.4% while the Hang Seng is up 0.7%. The Nikkei 225 is trading down by 0.3%. Meanwhile, the S&P 500 closed slightly lower on Wednesday as falling crude prices and trade jitters held markets in check. The Nasdaq posted its seventh consecutive daily advance, while the Dow was […]
S&P 500 And Nasdaq 100 Forecast – Thursday, August 9
S&P 500 The S&P 500 was a bit choppy during trading on Wednesday but ended up relatively unchanged. While not again, was a nice turnaround after what had been an initial selloff to kick off the US session. Because of this, it appears that there is a certain amount of interest near the 2850 level, […]
Cheapest ETFs In Focus As Fee War Heats Up
(Video length 00:08:15) The ETF price war has been escalating and spreading to all corners of the market. Vanguard Group now offers commission-free trading on more than 1,800 ETFs, including ETFs from their competitors BlackRock (BLK), Schwab (SCHW), and State Street Global Advisors. The list excludes inverse and leveraged ETFs since those are mainly intended […]
Tesla’s Musk Creates Turmoil For Company
Tesla Inc. (TSLA) designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California. We have been tracking Tesla for a while here. As long-time readers know, we are […]
Why Were Young Families Hit So Hard By The Recession?
from the St Louis Fed Families of all ages lost wealth in the aftermath of the Great Recession. But while the oldest families were slightly better than expected by 2016, the youngest families still had wealth levels below what was expected. The latest essay in the Demographics of Wealth series, produced by the St. Louis Fed’s […]
Musk’s “Funding Secured” May Constitute Securities Fraud
Yesterday, Elon Musk Tweeted that he would take Tesla private and “funding was secured”. If false, he may be in trouble. Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018 “Funding Secured” is a material statement that can affect stock prices. It better be true. The New York […]
Toys R Us And Government Hurt Great Jobs Report
Great July Jobs Report Despite Consensus Miss With the ADP report showing 219,000 jobs created and the BLS survey occurring during a week that had low jobless claims, I was anticipating job growth in the BLS report to beat expectations. Usually, the ADP report doesn’t elicit a big stock market reaction, but since it had […]
5 Of Today’s Biggest Marijuana Stock Losers – Wednesday, August 8
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Wednesday, August 8th including AXIM Biotechnologies, Inc. (OTC: AXIM) and more… AXIM Biotechnologies, Inc. (OTC: AXIM) Shares […]
