The EUR/USD did find resistance near the 1.4465 level, rejecting any 1H candle from closing above it over the Wednesday Asian and European sessions. (It was still Tuesday in the US when Wednesday the morning session started in Asia.)
The current rally holds as it is creating higher lows and the
Caterpillar, United Tech adding most to Dow gains
Positive U.S. jobs data and a big rally in industrial and materials sectors keep oil and gas stocks chugging ahead.
Cloud-computing companies get lift; AT&T to bring back 5,000 jobs if T-Mobile deal is approved
* Midwest factory activity slips * U.S. private sector job growth slows * European stocks rally on hopes for more Fed stimulus * Indexes up: Dow 1 pct, S&P 1.3 pct, Nasdaq 1.2 pct * For up-to-the-minute …
NEW YORK, Aug 31 (Reuters) – Brent and U.S. crude futuresinitially extended gains on Wednesday after a government reportshowed U.S. crude stocks rose more than expected, but gasolinestocks fell much more …
Homebuilder stocks rose in morning trading after UBS (NYSE:UBS – News) analyst David Goldberg upgraded several companies and called a bottom in the market for new homes.
Wall Street rally lifts Dow into positive turf for 2011 on the final trading day of a volatile month.
By Value in Stock Market:
Earlier, I wrote that Facebook’s (FB) IPO is becoming a sucker’s bet. On its IPO debut, Facebook started at $42, hit a high of $45 for a brief moment, and then [...]
By Steven Vincent:
Let me start by clarifying something. I am not saying that the market could crash spectacularly in the next few days and that in that event the Facebook (FB) IPO would be a [...]
By Chuck Carnevale:
There is a confluence of factors that are painting a very odd picture of current investor behavior. Common sense and a careful analysis of the market dynamics between equities and bonds today would [...]
By Sami J. Karam:
Expectations of a robust housing recovery are not well supported by US demographics.
From Bloomberg News (February 8, 2012): Chief Executive Officer Jamie Dimon told investors and analysts in a [...]