Benchmarks moved higher on Friday, following an unanticipated boost in U.S. jobs growth in October. Consequently, the S&P 500 moved up for the week, following its worst performance in ten weeks on Thursday. The increasing prospect of the Federal Reserve tapering its stimulus program starting December raised bond yields. A few domestic reports were also released on Friday, providing data […]
Editor’s Note: Todd posts his vibes in real time each day on our Buzz & Banter.Good morning from Minyanville East, where I’m settling in after a stretch of some much-needed balance. I was off the grid in Cuba at the end of last week — someone is going to make a lot of money when the embargo is lifted — […]
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 […]
The U.S. employment picture is getting brighter, much brighter, according to a regular Labor market report published Friday morning. Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and […]
stocksStocks close mostly down in ‘nervous’ trading day
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“The bull market would be more sustainable if investors fretted about all sorts of possible bearish problems,” he said. The economy isn’t all that strong, for example, and it might be much weaker if the Federal Reserve were not holding interest rates artificially low and buying bonds at a relentless pace. The Fed decided on Wednesday to continue […]
It is of common wisdom to enter the stock market in an organized manner, acquire proper knowledge and then act accordingly to work your way up the ladder. For students interested in exploring this as a career, a one day Workshop was conducted on “Fundamental and Technical Analysis of Stocks” as an attempt to provide an insight into the field. The […]
Last week, the NASDAQ exchange froze for three hours due to a faulty connection. On Monday, Europe’s largest derivatives market shut down for an hour because of a glitch. Last month, 14,000 people in rural Iowa lost internet access after a minor car crash crushed a cable. In 2011, the entire country of Egypt had a total internet blackout after […]
The notion that online sentiment is a critical risk factor, especially in the context of stock markets and share trades, is gaining momentum. Australian Dionne Lew, the CEO of The Social Executive, wrote an article for Leading Company titled “Social media: Love it or loathe it, the ASX says you can no longer ignore it” in which she highlights the […]
Bitcoin’s quite the little minx isn’t it? The digital currency has been on a wild ride of late and has managed to engross not just the hard core internet users, but the world in general.From a standing start at $7.20 around 15 months ago, Bitcoin managed to hit $266 at around a week ago, before taking a hit and falling back to […]
