After yesterday's report showing a jump in U.S. consumer prices, the Labor Department released a report on Wednesday showing U.S. producer prices also surged in the month of March. The Labor Department said its producer price index for final demand shot up by 1.4 percent in March after advancing by an upwardly revised 0.9 percent in February. more...
JPMorgan (NYSE: JPM) is scheduled to report its fiscal Q1 2022 results on Wednesday, April 13, 2022. We expect JPMorgan to post strong results, with revenues being in line (just ahead) and earnings beating the expectations. Daily price is located below Ichimoku cloud in the bearish area of the chart. The price is trying to cross 127.27 support level to below for the bearish trend to be continuing. Alternatively, if the price breaks 137.41 ...
Many traders feel more confident if they monitor multiple indicators at a time (for example, RSI, STOCASTIC, MACD, ADX and some others), or in some cases even at different assets which an index is made of. In the latter case, I refer to mini-indexes WIN and full indexes IND, but these may also include other index types. So, when trading WIN or IND, it may be interesting to observe some of the assets, such as VALE, PETROBRAS, ITAU, BRADESCO and others, which have greater weights in the index. ...
China's exports grew more than expected in March and imports logged an unexpected fall largely due to the lockdown and supply chain disruptions, official data revealed on Wednesday. Exports grew 14.7 percent on a yearly basis in March, the General Administration of Customs said. This was faster than the expected growth of 13.0 percent but slower than the 16.3 percent expansion posted previously. more...
The price of AbbVie stock (NYSE: ABBV) reached its all-time high of around $174 yesterday. It is up over 12% in a month, while it rose a stellar 63% over the last twelve months. This marks a significant outperformance over the broader markets, with the S&P 500 rising 10%... more...
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