British Pound at Risk Ahead of Key Data, Trades at Critical Support Fundamental Forecast for Pound: Bearish British Pound falters as Bank of England shows no rush to raise rates Cable nears critical price levels, next move is key The British Pound pulled back further from multi-year highs as a drop in UK yields and a broader US Dollar reversal produced the second-consecutive week of GBPUSD declines. ...
It was a wide-ranging week for the stock market, while bond prices kept rising as yields hit new six-month lows. Though volume for the week was low, the daily volume was a bit higher on the down days. So Is Now the Time to Change Your Strategy? The sharp selloff was blamed in part on the comments by a well-known hedge fund manager while others guessed that the ?sell in May crowd? decided to pick the middle of the month to dump their stocks. So is now Is Now the Time to Change Your Strategy? ...
Is Your Financial Advisor Conflicted? Watch out: that broker-sold mutual fund or IRA rollover move might not be in your best interest. Why? Broker-dealers must have reason to believe that an investment they recommend is suitable for you. By contrast, a registered investment adviser is held to a higher “fiduciary” standard of putting clients’ best interests first. In advance of new proposed Department of Labor rules to protect retirement savers from salespeople expected ...
Originally Posted by matfx Trading with Intermarket Analysis, Enhanced Edition: A Visual Approach to Beating the Financial Markets Using Exchange-Traded Funds (Wiley Trading): John J. Murphy With global markets and asset classes growing even more interconnected, intermarket analysis—the analysis of related asset classes or financial markets to determine their strengths and weaknesses—has become an essential part of any trader's due diligence. In Trading with Intermarket ...
Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...