Category Archive: Finance, No picture
GBP/USD Hovers Above 1.2550 Ahead Of UK GDP, Fed Policy Decision
Image Source: Unsplash GBP/USD remains calm before a slew of data releases from both countries. UK GDP and Industrial Production both are expected to face a 0.1% decline. US CPI and Core CPI adhered to expectations, with a year-on-year increase of 3.1% and 4.0%, respectively. GBP/USD exhibits a sideways movement as it braces for a barrage […]
IBM Slapped With Federal Civil Rights Complaint After Racist CEO’s “Obviously Illegal” Hiring Practices Leak
Image Source: UnsplashIBM has been hit with a federal civil rights complaint after James O’Keefe posted video leaked by an insider of CEO and Chairman Arvind Krishna outlining racist business practices.”On December 11, 2023, a tape of IBM Chief Executive Officer and Board Chairman Arvind Krishna was released on X.4 In the video, Krishna promises to fire, […]
Metals Report For Tuesday, December 12
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:12:33More By This Author:CPI Day – Which In Turn Impacts Wednesday FOMC DayCombination Of CPI And FED Announcement Will Set Direction Of GoldSPDR ETF Report For Friday, December 8
AUD/NZD Price Analysis: Looking Bearish After Falling Back Into 1.0700
Image Source: Unsplash The AUD/NZD is softening up this week, sifting back into the 1.0700 handle. The Aussie’s jumpstart last week failed to materialize any meaningful bullish momentum. The AUD/NZD has settled back steadily this week, slipping away from last week’s late swing high into 1.0750. The Aussie (AUD) is broadly lower on the week, shedding weight […]
The Bludgeoning Of The Bears Continues
The bludgeoning of the bears continues in 2023. The awfulness began on March 13 when BTFP started and it hasn’t stopped since.Video Length: 00:08:20More By This Author:Call the COPsMacy’s Parade FloatSunday Chart Stroll
Russell 2000 Recovers Intraday In Preperation For Upside Follow Through
Image Source: UnsplashI’m doing a bit of intraday trading as part of TopStep’s Trading Combine just to see how feasible day trading is. One thing I have been waiting for is the upside follow-through in the Russell 2000 (IWM). I have watched as sellers have attempted, and failed, to undercut the swing low of the ‘bull […]
Stock Analysis: Rexel SA
Image Source: Unsplash Rexel SA (RXLSF) is a provider of electrical products and services to residential, nonresidential, and industrial markets. Their products include (1) electrical equipment such as appliances and accessories, cables and routing, lighting, security and communication, home automation, climate control, and (2) building management systems used in the construction, renovation, and maintenance of buildings […]
Increased Gold, Silver Volatility A Sign Of The Moves To Come
Image Source: Unsplash A week after seeing gold reach a new all-time high above the $2,100 per ounce mark, the price has come back in and is hovering right around the $2,000 level as of Tuesday morning.Yet one of the things that stands out about the trading we’ve seen in recent weeks is the magnitude of […]
Here’s What Wall St. Experts Are Saying About Adobe Ahead Of Earnings
Image Source: Unsplash Adobe (ADBE) is expected to report results on its fiscal fourth quarter on Wednesday, December 13, with a conference call scheduled for 5:00 pm EDT. What to watch for: EXPECTING STRONG Q4: On Tuesday, Citi raised its price target on Adobe to $675 from $610, while keeping a Neutral rating on the shares. The firm is expecting […]
Boeing Receives Another Big Order From Avolon
Image Source: Unsplash Boeing Co (NYSE: BA) says it has received another big order from Avolon – an Irish aircraft leasing company. Its shares are up nearly 1.0% at writing. How many planes did Avolon buy? On Tuesday, Avolon placed an order for 40 of the multinational’s 737-8 Max planes.The aerospace giant had received a similar-sized order from […]
