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5 Dec 2021 2 minute read 2 comments FX Empire
A change of character bar was observed on Black Friday, 26 Nov in S&P 500, Russell 2000 and Dow Jones, which essentially stopped the uptrend since 13 Oct. After the Black Friday selloff, there was increasing of supply last week to push t...
4 Dec 2021 1 minute read 0 comments FX Empire
Economists are noting that the economy is very close to maximum employment, making an early interest rate increase from the Federal Reserve possible. Gold futures are edging higher late in the session on Friday after another successful test of a maj...
4 Dec 2021 1 minute read 0 comments FX Empire
The S&P 500 has had a tough week, initially trying to rally but gave back all of the gains to show a less than impressive candlestick for the week. The S&P 500 initially tried to rally during the course of the trading week but gave back the gains as...
30 Nov 2021 1 minute read 0 comments steverobert
As a novice investor with many years I have learned that dividend stocks are a good investment. I like ATT above $27 today it fell below 23 to 22.72. It pays an 8.71% dividend at that price. So if it does nothing but remain stable I gain over 8% for...
29 Nov 2021 1 minute read 1 comment FX Empire
A contrary strategy makes sense at this point, looking for sell signals on pandemic cast-offs while waiting for tradable lows on travel plays. Fears of a March 2020 reprise will impact market sentiment and price action in the new trading week,...
28 Nov 2021 1 minute read 1 comment FX Empire
WTI futures in New York and Brent in London plummeted more than 12% from their pre-Thanksgiving closes during the crash. Global oil markets turned red quickly after Black Friday.WTI futures in New York and Brent in London plummeted more than 12%...
23 Nov 2021 4 minute read 1 comment RocketEnthusiast
The Crypto/SPAC Frenzy With Bitcoin, Ethereum, and other cryptos making new all-time highs recently, it's no wonder that SPAC sponsors have taken to raising funds specifically to pursue a deal with a crypto-related company. There have been a number o...
22 Nov 2021 1 minute read 0 comments FX Empire
Black Friday marks the start of the 2021 holiday season, with retailers offering deep discounts to attract floor traffic and eyeballs. Stocks Deere and Co. (DE) heads a light holiday week calendar, with Wednesday’s pre-market report expected to...
15 Nov 2021 1 minute read 0 comments FX Empire
Only a fool would bet against NVIDIA ahead of Wednesday’s post-close earnings report. The sky’s the limit for NVIDIA Corp. (NVDA), with the graphics and systems-on-a-chip superstar posting a phenomenal 232% year-to-date return. The consistent...
15 Nov 2021 2 minute read 0 comments RocketEnthusiast
SPAC Deals Heating Up Again With interest once again re-generated in Special Purpose Acquisition Companies (SPACs aka blank check companies), these shell companies are a hot ticket again for traders. SPAC deals and speculation have once again regaine...
