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This is a discussion on Market News within the Analytics and News forums, part of the Trading Forum category; The CBO predicts GDP will fall 38% this quarter from the same period last year. more......

      
   
  1. #1941
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    Here’s What All The Latest Data Says About The Economy’s Prospects For Recovery

    The CBO predicts GDP will fall 38% this quarter from the same period last year.

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  2. #1942
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    The People's Bank of China has granted a networking clearing license to the United States' payments giant American Express. In essence, this license allows the US payment conglomerate to clear Ren Min Bi (RMB) transactions in mainland China. The license was facilitated by the local American Express subsidiary in China, Express Technology.

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  3. #1943
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    The Fed's announcement on average inflation targeting

    The Fed's announcement on average inflation targeting has some worrying about interest rates, but Commonwealth CIO Brad McMillan has a different take.

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  4. #1944
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    Sell Short Cisco And Marathon Petroleum

    Market News-csco-d1-just2trade-online-ltd.png


    Cisco -

    All seven sell signals in the last year have been successful. The $36-$37 area is a likely objective. September has been the second weakest month of any year for Cisco. It is followed by its two strongest months of the year, October, and November. Close any short positions at the end of this month.
    Market News-mpc-d1-just2trade-online-ltd.png


    Marathon Petroleum -

    Eleven of thirteen sell signals have been profitable in the last year. The weekly cycle is also falling. Note that September has been the weakest month in which to hold this stock, down in seven of the last ten years. The coming week has been especially bearish, rising only 22% of the time. The stock is likely to fall closer to $4 area. Relative strength has been falling since May of 2018.
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  5. #1945
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    Developers: Google, Siri, Alexa Are An Abstraction Layer Over Your Apps

    In the stone ages of mobile a couple of years ago, you actually had to tap on an app icon and open an app in order to access its functionality.

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