RBNZ Raises OCR from 2.75% to 3.00%The Reserve Bank of New Zealand (RBNZ) was expected to raise the Official Cash Rate (OCR) from 2.75% to 3.00%. This is the 2nd rate hike from the 2.50% OCR that persisted since March, 2011. The RBNZ statement noted inflationary pressure several times, so it might pay to pay extra attention to inflation data […]
Screenshot, CNBCCarter Worth, the Chief Technical Analyst at Oppenheimer has left the firm for Sterne Agee.
This is big in the world of technical analysts. Worth is known for having predicted the 2007 market top to the week. He does a lot of media, and is widely known for writing what Ritholtz Wealth Management CEO Joshua Brown called The “Greatest. Research. […]
Share Featured Silver – Don’t let the Double Bottom Fool Ya! Fan Yang 10:39 AM EST February 19th, 2014 Silver has been strong lately, coming off a bottom seen in the daily chart, breaking above the 200-day SMA for the first time in about a year.(Silver (XAG/USD) daily chart: click to enlarge)You […]
