The US dollar is confined to narrow ranges against the euro and yen, straddling unchanged levels in the Asian session and the European morning. The action is elsewhere. The British pound is the w...
The healthcare space is consolidating with the latest development being the potential buyout of Aetna (AET – Free Report) by CVS Health Corp (CVS – Free Report). A drug chain and a pha...
The U.K. largest sector, services sector, slowed in November amid rising price pressures, the IHS Markit reported on Tuesday. The services Purchasing Managers Index contracted from 55.6 in October t...
One look at S&P futures this morning reveals an unchanged market, however it is again the violent sector rotation that is taking place behind the scenes that is the real story, with defensive sect...
The stock market just keeps on rising, and has been on that course (overall) for almost 10 years now. New records are set almost daily, and while this looks good on the surface, high valuations, soari...
Indian share markets continued to trade below the dotted line in the afternoon session and finished marginally lower as the RBI monetary policy panel starts its two-day meeting. At the closing bell, ...
Barclays analyst Ross Sandler upgraded Snap (SNAP) to Overweight from Equal Weight and raised his price target for the shares to $18 from $11. The stock closed yesterday down 30c to $13.57. With the...
Oil prices are governed by cycles, and recent indications are that we are moving back into a cycle that will be governed by fear of insufficient oil supplies. The price of oil has always been driven b...
One of my favorite candle patterns when trading forex is a pattern that occurs and recurs on all time frames, and it is the two bar reversal, which when complete can deliver a correction of the trend,...
In a recent post, I came to the following conclusion: “the notion that simply ‘following the trend’ in Gold will lead to vast riches is a false one.” I made this statement after analyzing a si...