As per your requests David will take us through a review of Fibonacci Retracements – one of the most common and trusted indicators used by Forex and stock traders alike. Based on the work of an 11th century mathematician and found in many places in nature, this method has a loyal and numerous following. But
admin
Despite recent large monthly gains, Fitch Ratings said it will take the U.S. job market another 18 months to create the 7 million jobs needed to recover from the economic shocks wrought by the pandemic. Fitch doesn’t expect the U.S. labor market to return to full employment, which it estimates at 4.3%, until the fourth
Tesla is set to take the unusual step of paying in advance for chips to secure its supply of the crucial materials and is also exploring buying a plant as part of efforts to overcome the global shortage, according to people familiar with the matter. The US electric-car maker is discussing the proposals to secure
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope of hope with a periodic dead cat bounce” and expects prices to drop to
Cruise ship ports in the U.S. may see some light at the end of the tunnel after more than a year without any departures because of the COVID-19 pandemic. Updated guidance from the Centers for Disease Control and Prevention outlines a path to resuming some U.S. cruises in July, though the evolving situation will continue
In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock
In this article BA LMT GM An artist’s concept shows an outline of the lunar vehicle design. Lockheed Martin | General Motors Lockheed Martin and General Motors are partnering to develop a new type of lunar vehicle for NASA to use during its upcoming Artemis missions to the moon, the companies announced on Wednesday. “Surface
A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading. GameStop, AMC Entertainment – Meme stocks are popping again amid heightened speculative trading activities. Shares
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, +0.13% is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance
A visit to the Campbell House in Truckee, California, is a journey into the rail town’s past. Set on Donner Pass Road, the Queen Anne Victorian was built in the late 1800s in what today is known as the Brickelltown Historic District. This central commercial hub lies alongside the transcontinental railway line built by the
Ariel Skelley | DigitalVision | Getty Images Many older Americans worry about outliving their savings, and those fears have been magnified by recent spikes in inflation, eating away at retirees’ nest eggs. The consumer price index increased by 0.8% in April from March and surged 4.2% from the previous year, the biggest jump since September
Understanding VIX contango and ETF leverage can save you a small fortune.
Trading 212 shows you how to identify reversals with pin bars. We guide you through what constitutes a valid pin bar setup and detail the three best ways to enter and exit your position when trading pin bar reversals. Learn how to trade reversals for free with virtual money: https://www.trading212.com/en/Free-FOREX-Practice-Account-GBP/ At Trading 212 we provide
The current cryptocurrency market scenario is only for traders that have an extremely high appetite for risks. But for the weak-hearted ones, analysts advise patience and caution ahead. The outlook stands tall for Bitcoin (BTC) and Ether (ETH), the top cryptocurrencies by market capitalization that more or less behave as locomotives for the rest of
The recent extreme volatility in the cryptocurrency market following Bitcoin’s (BTC) dip to $30,000 and the recovery to $38,000 has traders confused about whether the current price action is a ‘dead cat bounce’ which will see token prices head lower or a solid reversal that will set the floor for the next leg higher for
Municipals improved Tuesday on the backs of a strong primary led by the Washington Metropolitan Area Transit Authority’s $788 million green bonds and gilt-edged Loudoun County, Virginia, and the New Jersey Infrastructure Bank, which sold competitively with tight spreads. Triple-A municipal benchmark yield curves were bumped one to two basis points, lagging a four basis
The Biden administration has renewed US calls for a fuller investigation into the origins of Covid-19, after a report last weekend bolstered the theory that the disease was released accidentally from a laboratory in the Chinese city of Wuhan. Andy Slavitt, one of the US president’s coronavirus advisers, on Tuesday said the investigation carried out
Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of the trend and providing warnings when the trend is about to reverse. There are many indicators and patterns that can accomplish this task but there
Municipal bond issuers would be drawn into a widely-cast net of beefed-up tax enforcement by the Internal Revenue Service under legislation proposed Monday by Sen. Elizabeth Warren, D-Mass. The Restoring the IRS Act of 2021 would triple the IRS annual budget to $31.5 billion and make its funding mandatory rather than part of the annual
Market order Think of a market order as paying the market price when buying or really selling a stock, meaning you would pay whatever price is necessary to get your shares. Limit order When it comes to a limit order, you get to specify the price you want to pay for the stock. You get