StockWatch: Microsoft Up by 2% on Earnings Beat!

Microsoft shares edged higher after the software and hardware maker reported quarterly earnings that exceeded analysts’ estimates. Total company revenue climbed almost 22% year over year, which is the fastest growth since 2018. Visa also topped earnings expectations for its latest quarter. The CEO stated […]

Chart of the Day – GBPUSD – (October 26th, 2021)

As North American traders stepped in today, the Cable looked set to challenge the 200dma and recent highs at 1.3830, then the pair was slammed down into North American trade. This keeps the 1.3830-1.3850 levels as critical resistance. But the ascending trend line formed from […]

Bitcoin – Criptomoneda en Zona de compras para Trading.

¡ Hola Traders ! Hoy es día 26 de Octubre del año 2021, y vamos a analizar el gráfico de Bitcoin cotizando en dólares, BTCUSD en diagrama de tiempos de diario y H4 como oportunidad de trading. Indicadores técnicos utilizados son dos: *Medias de 34 […]

StockWatch: AMEX Rallies as Economy Rebounds!

American Express topped estimates as the company benefited from an acceleration in consumer spending. The downturn in travel and entertainment sectors that had been hit hard earlier in the pandemic are seemingly recovering. Shares of American Express have added 9.5% over the past three months. […]

SPX500 Has Primary Wave ③ Ended?

The current SPX500 formation suggests the construction of a large bullish impulse that consists of primary sub-waves. At the time of writing, the primary wave ③ is under development. Intermediate sub-waves (1)-(2)-(3)-(4)-(5) marked this impulse. This pattern may soon come to an end. Not so […]

The End of the US Housing Bubble?

On Thursday, traders were a little surprised, if not disconcerted, following the third-quarter earnings report from Tri Pointe Homes. This is one of the US major home builders, and although they had relatively good overall earnings there were two points that were concerning. Average sales […]

Intraday Market Analysis – GBP in Key Supply Zone

GBPUSD to test critical resistance The sterling hit the brakes after the UK’s retail sales fell for the fifth month in a row in September. The pair has been inching up towards the hurdle on the daily chart (1.3900). The RSI’s bearish divergence, however, shows […]

Can Facebook’s Name Change Move the Stock?

Social media was abuzz on Wednesday after The Verge broke a story that Facebook was planning to change its name as part of a rebranding strategy. Technically, it wouldn’t be the first time that the company changed its name, since it originally started as “The […]

Podcast: What’s Next for the Dow?

The Dow has been in the spotlight for the past few trading sessions. Not only has it hit the 35K handle, but the index is also pushing for record highs once again. With American job numbers looking good, retail sales in positive territory, and the […]

The Week Ahead: Market expects Hawkish Shift from ECB

EURUSD recovers as ECB taper pressure grows The euro bounces back as markets expect a more aggressive stance from the ECB. Now that growth within the bloc has almost recovered to the pre-pandemic level, the ECB is one of the last major central banks to […]