The Dow and S&P 500 hit new highs on Friday, notching up their sixth consecutive week of gains riding high on Federal Reserve chair nominee Janet Yellen’s recent comments supporting the Central Bank’s stimulus program. Shares of Exxom Mobil Corp. moved higher after Warren Buffett’s Berkshire Hathaway Inc. revealed that it had acquired an additional stake worth $3.45 billion in […]
Morning Technical Analysis – 18 November 2013November 18, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is continuing to grind higher this morning, although it is still struggling to break back above the ascending trend line, dating back to 9 July. If we see a break above here, it may suggest that the recent pull back in the pair was […]
News Releases
NYSE Euronext U.S. Options Exchanges to Begin Trading Options on TWTR Friday, November 15
-Will Be Added to Weekly Option Series
NEW YORK, November 12, 2013 – NYSE Euronext U.S. Options today announced that its NYSE Amex ; and NYSE Arca options exchanges intend to begin trading options on Twitter (NYSE: TWTR) at the market open on Friday, November 15. ; […]
Just Retirement is returning to the stock market valued at £1.1bn Photograph: Toby Melville/REUTERSJust Retirement, the provider of pensions to retirees with health problems, will return to the stock market valued at £1.1bn.The British company is selling a 30.5% stake, or 152m shares priced at 225p in Tuesday’s listing, in the middle of its original range of between 200p and […]
Stock Market Top Are We There Yet?
Stock-Markets / Stock Markets 2013Nov 11, 2013 – 06:54 AM GMTBy: Andre_Gratian
Current Position of the MarketSPX: Very Long-term trend – The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep […]
By Wallace Witkowski, MarketWatch
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Weekly Technical Analysis By: TheWaveTrading | Sat, Nov 9, 2013 SharePrintEmailMISERABLE BREADTHDespite Friday’s impressive recovery how can I even think to have a bullish
stance when the “trio” of swing trading indicators have a bearish cross over?MACD has a sell signal in force since November 6. In spite of Friday’s
frenzy bullish activity the Stochastic bearish […]
Morning technical analysis – 6 November 2013November 6, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is trading higher this morning, after finding support once again around 1.3450 yesterday. The pair also failed to close below the 50 fib level again, confirming both of these levels as major levels of support. Given that the recent sell-off in the euro is […]
