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Recent Entries

Microsoft: bullish trend to be continuing; 232.86 is the key

by FXstreet on 10-17-2020 at 12:53 PM
From their continued gains in the stock market to their $143 in revenue over the last fiscal year, Microsoft has had one lucky break after the other. What does this mean for their stock prospects? Our AI can answer that.

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Microsoft Corp closed down 0.9% on Wednesday, ending the midweek at $220.86 on volume approaching 23 million trades. Overall, the stock is up almost 38.6% for the year, in spite (or rather, because of) the pandemic.

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Where Is Crude Oil Headed..

by FXstreet on 10-05-2020 at 11:48 AM
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Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month.

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[SIZE=1][URL="https://www.forbes.com/sites/tomaspray/2020/10/04/where-is-crude-oil-headed/"]more...[/URL][/SIZE]
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Dow Jones Industrial Average: ranging for the daily bullish reversal

by FXstreet on 07-03-2020 at 12:40 PM
The Dow Jones Industrial Average was up 0.4%, over 100 points, on Thursday, while the S&P 500 rose 0.4% and the tech-heavy Nasdaq Composite gained 0.5%.

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Stocks jumped after a bigger-than-expected increase in jobs last month: The Labor Department reported that 4.8 million jobs were added in June—more than the 2.9 million expected.

The unemployment rate fell to 11.1%, down from 13.3% in May. The jobs data for June was collected

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Brent Crude Oil: $40 price is unlikely before Q3 2020

by FXstreet on 05-26-2020 at 11:38 AM
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Market has recovered from record lows but a clear cut pathway for a sustained rally isn’t here yet.

[SIZE=1][URL="https://www.forbes.com/sites/gauravsharma/2020/05/25/oil-has-recovered-from-record-lows-but-40-wti-prices-before-q3-2020-covid-19-unlikely/"]more...[/URL][/SIZE]
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Facebook Sell-Off: possible daily breakdown

by FXstreet on 01-31-2020 at 04:46 PM
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Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock.

[SIZE=1][URL="https://www.forbes.com/sites/sergeiklebnikov/2020/01/30/facebook-sell-off-where-does-the-stock-go-after-plummeting-6/"]more...[/URL][/SIZE]
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