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The FTSE Finish Line: Standard Chartered Posts Biggest Loss Since 1988

The FTSE Finish Line: Standard Chartered Posts Biggest Loss Since 1988

Image Source: Pexels On Thursday, the UK’s FTSE 100 experienced a slight decline, with bank stocks, led by Standard Chartered, posting disappointing earnings. The FTSE 100 index declined by 0.8% heading into the close.London-listed shares of Standard Chartered experienced a significant drop, down by over 10%, leading it to take the bottom spot on the blue […]
Constructive And Destructive Roles Of Credit

Constructive And Destructive Roles Of Credit

This article defines credit, a subject upon which there is a lack of public knowledge. What people call money is in fact credit, and money itself, which is physical gold without counterparty risk, rarely if ever circulates. Nearly everyone, including most economists, don’t understand credit and the importance of its value being tied to money.Nor […]
Analytical Overview Of The Main Currency Pairs – Thursday, October 26

Analytical Overview Of The Main Currency Pairs – Thursday, October 26

The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0589 Prev Close: 1.0565 % chg. over the last day: -0.22 % Weak corporate reporting data yesterday caused some demand for the dollar index, which put moderate pressure on EUR/USD quotes. But losses in EUR/USD were limited after the October German IFO Business Climate Index rose more […]
EURUSD: Catching The 130 PIP 1:10 Risk/Reward Move Higher

EURUSD: Catching The 130 PIP 1:10 Risk/Reward Move Higher

On October 17 and 18 2023 I posted on social media, @AidanFX , “EURUSD: Expecting for bulls/buyers to attack the weak structure high and break above to the liquidity level and to the supply/next area of interest zone. Let’s see what it does in the rest of the trading week.” and “EURUSD: Will be looking to […]
Decisive SPY Downswing I Called For

Decisive SPY Downswing I Called For

S&P 500 did the awaited break of 4,245, kissed that level from below, and continued straight down through 4,225 while stopping at my 4,209 level. Much, much to rejoice by all clients, whether swing trading readers of my articles, or the intraday ones in our Telegram channel as regards both S&P 500 and DAX. Also today you have plenty to […]
Blowout 4.9 Percent Increase In GDP But Real Disposable Income Declines 1.0 Percent

Blowout 4.9 Percent Increase In GDP But Real Disposable Income Declines 1.0 Percent

GDP rose 4.9 percent in the first estimate of 3rd-quarter GDP. But real disposable income decreased 1.0 percent.Real GDP from the BEA, chart by Mish  GDP vs GDI Chart Notes Real means inflation adjusted GDP is Gross Domestic Product GDI is Gross Domestic Income Real Final Sales is the bottom line assessment of GDP. It […]
Chart Of The Day: Eli Lilly – Big Profits In Big Pharma

Chart Of The Day: Eli Lilly – Big Profits In Big Pharma

The Chart of the Day belongs to the pharmaceutical giant Eli Lilly (LLY). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price […]
Bear Of The Day – Winnebago

Bear Of The Day – Winnebago

Winnebago Industries, Inc. (WGO) is adjusting to the post-pandemic market for outdoor recreation. This Zacks Rank #5 (Strong Sell) is expected to see a double digit earnings decline this year.Winnebago is a North American manufacturer of motorhomes, travel trailers, fifth-wheel products, pontoons, inboard/outboard and sterndrive powerboats and commercial community outreach vehicles. Its brands including Winnebago, Grand […]
Weak Corporate Reports From Tech Companies Weigh On Stock Indices. Japan’s Nikkei 225 Is Falling As The Yen Rises Above 150

Weak Corporate Reports From Tech Companies Weigh On Stock Indices. Japan’s Nikkei 225 Is Falling As The Yen Rises Above 150

Photo by Isaac Smith on UnsplashAs of Wednesday’s stock market close, the Dow Jones Index (US30) was down by 0.32%, while the S&P 500 Index (US500) decreased by 1.43%. The NASDAQ Technology Index (US100) closed yesterday negative by 2.43%. Stock indices declined yesterday amid disappointing earnings results from major technology companies. Alphabet (GOOG) shares fell more than 9% after reporting weaker-than-expected cloud […]
GBP/USD Outlook Bearish But Desperate Bulls Could Hang Around For A While

GBP/USD Outlook Bearish But Desperate Bulls Could Hang Around For A While

The GBP/USD was unable to hold onto the small gains it made last week and on Monday, falling back in the last couple of days to remain rooted in the low 1.20s around 1.2130 at the time of writing. However, with both the Fed and BoE rate decisions to come in the week ahead, it […]