Benchmarks ended lower on Monday dented by escalating tension over Crimea and another drop in the bio-tech stocks for the second straight day. Investors’ confidence further dipped over growing concerns about China’s economy. The day’s encouraging domestic economic numbers failed to avoid the losses.For a look at the issues currently facing the markets, make sure to read today’s Ahead of […]
LTC/USD Technical Analysis – 24th March 2014 By Ashton Fraser on March 24, 2014 in Trading Litecoin hits a support level today, just above the 15 level price mark, with a potential retrace still questionable. Let’s take a look at the LTC/USD H4 chart below (click to expand): I’ve performed the Fibonacci study from the high of […]
Originally published March 21, 2014 at 6:51 AM | Page modified March 22, 2014 at 3:29 AM
NEW YORK — An early surge on the stock market evaporated Friday, as health care stocks tugged major indexes down.Biotech companies were especially hard-hit after U.S. lawmakers questioned the pricing of a Hepatitis C drug made by Gilead Sciences.The Standard & Poor’s […]
Bitcoin has been up and down this morning, applying some technical analysis to this seemingly crazy move sheds some light. Let’s take a closer look at the BTC/USD M30 chart below: I’ve performed the Fibonacci study from the last major swing high on M30 on the 19th at 625, to the low at 575, just before this yo-yo […]
In this video I look back in on the potential bearish head and shoulders that may be forming on the major averages. Today’s action posed no problem for it and actually supported the pattern. It’s questionable though. Also I cover the target for such and the reasons why the market could go down hard once it goes down a little […]
ShutterstockThere are two schools of financial market analysis: 1) fundamental analysis, which is concerned economics, financial statements, earnings, and anything else that you would assume would justify a value in a real-world sense and 2) technical analysis, which attempts to forecast prices by studying past price movements.
Fundamental and technical analysis aren’t totally mutually exclusive. But the folks who focus on […]
Morning technical analysis – 19 March 2014March 19, 2014 by Craig Erlam in Technical analysisEURUSDAs you can see on the chart below, the recent uncertainty has created plenty of volatility in the markets, but we haven’t actually seen any moves higher or lower. The pair, despite all of the volatility, has just been consolidating, which is not unusual during times […]
AP PhotoNew York Attorney General Eric Schneiderman speaks during a news conference Monday, Oct. 28, 2013, at City Hall in Philadelphia.This morning, New York Attorney General Eric Schneiderman declared war on high-frequency traders, or HFTs, and what he called the “fundamentally unfair – and potentially illegal – situations that give elite groups of traders early access to market-moving information at […]
In another example of life duplicating the media, it seems like most people here and abroad have been consumed by watching a real life episode of Lost for the last week. The question of what happened to Malaysia Airlines Flight 370 has quickly soared to the opening spot on all of the network news shows, much as Lost and its Oceanic Airlines Flight 815 climbed quickly […]
Stock Market S&P Losing 1850…..Barely….Stock-Markets / Stock Markets 2014Mar 15, 2014 – 12:10 PM GMTBy: Jack_Steiman
All of the key indexes in the stock market are heading lower now. A bad week for sure, with the S&P 500 now joining the Dow in the red for the year by nearly half a percent. The Dow down nearly 4%. […]
