After opening the day marginally lower, Indian share markets witnessed further selling pressure and ended their session on a negative note. Losses were largely seen in the telecom sector, auto sector and healthcare sector, while consumer durable stocks ended the day higher. At the closing bell, the BSE Sensex stood lower by 188 points (down 0.5%) and the NSE Nifty closed lower by 61 points (down 0.6%)….
The EUR/USD is under pressure once again, trading lower ahead of the Non-Farm Payrolls. Weak euro-zone data continues flowing, preventing a pre-NFP calm. The technical picture remains bearish as the pair remains confined to a steep downtrend channel. The EUR/USD is trading around $1.1960, down 0.25% on the day and close to the recent three-month…
Overnight Markets and News Jun E-mini S&Ps this morning are down -0.23% ahead of the monthly U.S. payrolls report later this morning. Stocks are also under pressure as the China-U.S. trade talks ended after two days without key differenced being resolved. China’s Xinhua News Agency reported major disagreements on some trade matters remain and both…
After raising $1.7 Billion from private investors, Pavel and Nikolai Durov have called off their much anticipated ICO. Their initial goal was to raise $1.2 Billion, so it seems they now have enough money to develop their Telegram Open Network without the need for regulatory headaches involved in an ICO. Critics have stated that this project has become a mess…
Oil prices are walking on a tight rope as attempts to break out in either direction this week have failed. More questions and less answers. The oil trade is marking time as it awaits to see whether the U.S. will walk away from the Iranian trade deal or if Iran decides to negotiate, something they have said…
Gold is down on the week, but Eric says the bigger issues still point toward stocking up on precious metals. In this edition of the wrap-up, you’ll hear his thoughts on the latest news, including: • Why the second-richest man in Egypt is buying gold • What a weak jobs report means for you • Where you can…
Finding the Next Bitcoin You’ve probably thought it at one point or another: “I missed the Bitcoin payday. How do I decide what cryptocurrency to invest in now that I know about the market?” The bad news: It’s unlikely that any other cryptocurrency will see the same astronomical growth that Bitcoin experienced over the last few years, and…
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:15:58
The U.S. stock market indexes were mixed between -0.2% and 0.0% on Thursday, after going down to support levels and rebounding before the closing bell. The S&P 500 index trades 8.5% below January 26 record high of 2,872.87. The Dow Jones Industrial Average was unchanged and the technology Nasdaq Composite lost 0.2% on Thursday. Overall, it was…
Tesla’s conference call on Wednesday gets a 10-bowl popcorn rating. 10-Bowl Rating Tesla CEO Elon Musk’s performance on Wednesday’s earnings call was bizarre and contentious. Musk attacked after everyone. After hours, shares of Tesla took a hit: Elon Musk acted like a jerk, and Tesla stock paid the price. Tesla Inc. Chief Executive Elon Musk held…
