Intraday Forex Charts Update – June 30, 2015
AUD/CHF: 1-Hour AUD/CHF 1-hour Forex Chart Are you looking for a simple consolidation play? If yes, then look no more since AUD/CHF has been respecting a trading range between the…
NFP to Drop on Thursday as Greek Drama Rises
With Greece’s fateful, upcoming weekend referendum top-of-mind, investors will divert their attentions to the U.S. nonfarm payrolls (NFP) report when it is published on July 2 at 8:30 a.m. EDT.…
Daily Briefing- US futures lower ahead of consumer confidence data
Daily Briefing Currencies EUR/USD: The pair is trading above its uptrend line on a 30 minute time frame. The next resistance is at 1.1288 and the support is at 1.0963.…
February RBA Meeting – How Has the Economy Changed
The Reserve Bank of Australia’s monetary policy meeting is this evening. Only 4 out of 28 economists expect the RBA to cut interest rates. Here’s part of the reason why.…
Swiss Franc is the Only Safe Haven Currency. The Franc is Starting to Distance Itself from the Dollar and Yen.
According to conventional market wisdom, there are three safe haven currencies: the Swiss Franc, Japanese Yen, and US Dollar. It is to these currencies that investors flock whenever there is…
AUD/USD Continues to Hold Key Support Despite RBA Verbal Intervention
Despite the ongoing verbal intervention by the RBA AUD/USD may work its way towards the top of its recent range as it comes off of key support.
Forex technical analysis: NZDUSD finds some support but sellers still hold the … – ForexLive
ForexLiveForex technical analysis: NZDUSD finds some support but sellers still hold the ...ForexLiveThe pair has been trending lower today but has stalled near a bottom trend line. If the price…
CADJPY Short Scalps Favored Sub-99.00 on Failed Gap Fill
CADJPY is trading within a well-defined technical formation with the decline now testing interim support. Here are the updated targets & invalidation levels that matter.
Power Bounce Market Update and June 30 Stock Scan
What goes down must come up… right? After an initial bounce in the morning, price retested the low on positive (stretched) divergences ahead of our logical snap-back rally we’re seeing…
With M&A Booming, Anheuser-Busch InBev Likely Plotting Its Next Big Move
Through the first half of 2015, the volume of announced merger and acquisition activity is on a record-breaking pace (the data go back 35 years). While using dollar volume is…
June 29th Blogger Sentiment Poll
24/7 Wall St (-) The Aleph Blog (-) Biiwii (N) BullBear Trading Carl Futia (+) Dash of Insight (N) Dividend Growth Investor (-) Elliot Wave Lives On (N) Fallond Stock…
Train Reading: A Red Half
Ricardo Arduengo/Associated Press News, analysis and curiosities to ease your commute home. It’s official: The first half of 2015 stunk for U.S. stocks. Monday’s steep selloff took the Dow into…
Nike Founder on the Way Out
Nike, Inc. (NYSE: NKE), in conjunction with Chairman, Phil Knight, announced that it has started a process to provide long-term stability in the ownership and governance of Nike. This involves…
Wednesday: ISM Mfg, ADP Employment, Auto Sales, Construction Spending
Statement by the IMF on GreecePress Release No.15/310June 30, 2015 Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement today regarding Greece’s financial…
A very good thing for Martha Stewart!
By now, you’ve undoubtedly read about Sequential Brands’ offer to buy Martha Stewart Omnimedia. Rumors that a deal was in the works sent Martha Stewart stock up above $7 a…
Tuesday links: good stewards
MarketsDo market labels matter all that much? (adamhgrimes.com)Why smart people often make horrible investors. (awealthofcommonsense.com)StrategyThe best companies, like Danaher ($DHR), consistently grow book value per share over time. (valueplays.net)Symbols: $DHR…
Sony pulls back from consumer goods
Japan's Sony plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from…
Average US rate on 30-year mortgage edges up to 4.02 pct.
WASHINGTON (AP) — Average long-term U.S. mortgage rates were mixed this week, marking slight increases or declines but remaining close to high levels for the year.
The Euro is a failure
When I was discussing the Greek economic crisis last night with my colleague Ameera David, she asked me who I blame for the mess we are in. I told her…