A fresh 2018 high, an unbroken resistance and negative divergence. What does this interesting mix tell us about oil bull’s strength and further increases? Technical Analysis of Crude Oil Let’s examine the charts below (charts courtesy of http://stockcharts.com). The first ting that catches the eye on the daily chart is a fresh 2018 peak created on Friday….
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:16:43
Have you been eager to see how M&T Bank Corporation (MTB – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this New York-based major bank’s earnings release this morning: An Earnings Miss M&T Bank came out with net operating earnings per share of $2.26, lagging the Zacks Consensus…
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week my latest portfolio seeks a high-yield and growing stock…
On Friday evening, when I found out about the Syrian missile strike, I didn’t quite know what to anticipate once the market re-opened Sunday afternoon. Some folks tweeted that it would be a sea of red. I wrote that I no longer trusted bad news. My cynicism was proved correct, as the new hostilities (and…
NZDUSD pair looks to build on its Friday correction in the new week as it saw price weakness during early Monday trading session today. Support lies at the 0.7300 level. Further down, the 0.7250 level comes in as the next downside target. Conversely, resistance resides at the 0.7400 level where a break will aim at…
Have you been eager to see how Bank of America (BAC – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this Charlotte-based one of the world’s largest financial institutions’ earnings release this morning: An Earnings Beat BofA came out with earnings of 62 cents per share, which…
Ripple can be expected to “convert the remaining crypto cynics,” affirms the boss of one of the world’s largest independent financial services organizations. iq501 / Pixabay The prediction from Nigel Green, the founder and CEO of deVere Group, comes as Ripple (XRP) experienced a spike last week, adding another $62bn to its market value. The cryptocurrency…
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 15.80 was a decrease of 6.7 from the previous month’s 22.50. The Investing.com forecast was for a reading of 18.80. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level above…
The markets were witness to another week of volatility with various themes playing out. The uncertainty surrounding trade wars finally eased after the Chinese Premier was seen softening his stand last week in a speech where he promised to open the doors to China’s markets. The week ahead will continue to see the volatility especially in Syria…
