This is a discussion on Market News within the Analytics and News forums, part of the Trading Forum category; The People's Bank of China has granted a networking clearing license to the United States' payments giant American Express. In ...
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.
more...
The Fed's announcement on average inflation targeting has some worrying about interest rates, but Commonwealth CIO Brad McMillan has a different take.
more...
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.
Marathon Petroleum -
more...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.
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.
more...
Traders are optimistic, but the oil market isn’t out of the woods yet.
more...
The Gamestop bubble would be little more than a footnote in market history — but for the strange inspiration it has given to the story-spinners out there. Hollywood is on it. At least 3 simplifying narratives are competing to become the “explanation” which will cement itself in the public memory.
more...
Minutes from the Federal Reserve's latest monetary policy meeting did not do much to change the view that the central bank is likely to leave policy unchanged for the foreseeable future.
more...
It is time to plan and act for the changes coming
more...
Money manager Ron Baron has been delivering stellar returns thanks to one of the biggest holdings in Tesla. Here’s why he thinks Musk’s SpaceX will be even bigger.
more...
Goldman expects the S&P will climb just 4% higher by year's end.
more...
Posting Permissions
7Likes
LinkBack URL
About LinkBacks
Reply With Quote
Bookmarks