Bloomberg: European stocks climbed, following two weekly increases, after European Central Bank President Mario Draghi informed policy makers are ready to add fresh monetary stimulus. U.S. index futures rose, while Asian shares were little changed...
On Monday the euro hit fresh 11-month lows against the U.S. dollar, as comments by Federal Reserve Chair Janet Yellen boosted the greenback, while European Central Bank President Mario Draghi's remarks undermined demand for the single currency...
On Monday the dollar stepped higher against the euro and yen, as investors betted that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process...
“Of note is a weekly outside reversal and weekly RSI rolling over from above 70 this week. Prior instances of RSI rolling over (2004, 2006, and 2007) from above 70 indicated tops of at least several months.” GBPUSD has traded back to the year open (1.6565). 1.6565 to the March low (1...
Leading financial firm Saxo Bank Group reported mixed performance in the first half of 2014 owing to low volatility in FX markets. However, the firm rolled out new products while clients’ deposits rose by DKK 9.7 billion to a new high of DKK 60.3 billion...
Key points made in the video: 1. It took Gary about 6 years of diligent study before he became consistently profitable 2. Understanding the Wyckoff method -- interpreting supply and demand in the market based on price action and volume -- via a mentor was the key for him 3...
If you get stuck paying out huge amounts to anyone, you want to ease the burden by writing it off. Bank of America may be smarting over the historic $17 billion legal settlement it reached over soured mortgage securities...
Richard 'Dick' Diamond has been trading the markets for over 35 years having started out on the floor of the American Stock Exchange working for his father's brokerage firm. JP (Justin Pugsley from mahifx.com): Can you tell me about your background and what got you into trading...
Another day of solid buying and the sharp increase in housing starts gave the homebuilding stocks a boost, which helped the overall market. The A/D lines for the NYSE Composite, S&P 500, Nasdaq 100, and the Dow Jones Industrials have now broken their downtrends...
A Quick review on how Warren Buffett pick and review stocks he buys. "We look at owning stocks as owning parts of business, just like owning a farm or an apartment house," Warren Buffett said...
Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is sitting on $50 billion which is a lot of cash to say the least. That money pile could buy a lot of businesses. He could go out and purchase a few really good companies, outright. But he's not buying much of anything...
On Thursday Bitcoin firmed above the key $500-level, as prices of the cryptocurrency continued to recover from sharp losses suffered earlier this week...
Q: How can I find good stocks? A: With thousands of stocks to choose from, pinpointing the right ones can be difficult. That’s where technology tools come in. Most online brokerage and financial Web sites provide a variety of “stock screening” tools...
On Thursday gold futures traded at the lowest level in two-months, as minutes of the Federal Reserve's last policy meeting prompted market players to price in a greater risk of an earlier hike in interest rates...
On Thursday the dollar remained considerably stronger against the other major currencies, after the minutes of the Federal Reserve’s latest meeting were seen as being more hawkish...
U.S. stock-index futures were higher, indicating the Standard & Poor’s 500 gauge may hit a new record, as market players awaited remarks from central bankers meeting at the annual symposium in Jackson Hole, Wyoming...
Asian stocks outside Japan dropped for the first time in nine days after a private gauge of Chinese manufacturing dropped more than economists predicted...
Prices are testing support at 101.61, the 61.8% Fibonacci expansion, with a break below that on a daily closing basis exposing the 76.4% level at 99.96. Positive RSI divergence points to ebbing downside momentum however, warning a bounce may be ahead. A move above the 50% Fib at 102...
TSLA shares have traded at new highs above the $250/share level earlier in the month and is showing signs of retracing. The uptrend is strong on the daily chart but the stock could use a pickup in buying pressure...
Four years ago Spark Capital's Andrew Parker made a chart, and it seems to go viral every year. The chart is a screengrab of Craigslist homepage and a list of valuable startups that attack specific functionalities within Craigslist...