With the worst month for global markets in two years now in the history books, world stocks entered March with shaky knees as global equity markets and US futures are a sea of red this morning, as European shares drop the most since a global rout three weeks ago following sharp declines in the U.S….
It should never be forgotten that the world’s second largest economy is not a capitalist country, but a communist one. Historically, communism and capitalism were implacable foes bent on each other’s demise. It may explain why the Chinese don’t always play by the rules of the rest of the capitalist world as they seek domestic…
It should never be forgotten that the world’s second largest economy is not a capitalist country, but a communist one. Historically, communism and capitalism were implacable foes bent on each other’s demise. It may explain why the Chinese don’t always play by the rules of the rest of the capitalist world as they seek domestic…
The winning streak hit a wall in February. For more than a year, global markets have been trending higher, in some cases with an unbroken run of monthly gains. But the party came to a full stop last month. For the first time in more than two years, all the major asset classes posted losses…
EUR/USD 4 hour The EUR/USD is trying to break below the previous bottom (green) but the bearish price action is mild and candles are small. The support zone and the 50% Fibonacci level of wave 4 (pink) is a key decision level for a bullish bounce or bearish breakout. A bearish break makes a wave…
Indian share markets finished the trading session in red for a third consecutive day amid weak global markets. At the closing bell, the BSE Sensex closed lower by 137 points and the NSE Nifty finished lower by 34 points. The S&P BSE Mid Cap finished down by 0.6% while S&P BSE Small Cap finished down by 0.2%. Losses were largely seen in realty stocks, bank stocks and metal…
Revised Short-Term Elliott Wave view in Gold suggests that the yellow metal is still correcting cycle from 12/13/2017 low ($1236.3) as a double three Elliott Wave structure. Up from 12/13/2017 low, Intermediate wave (W) ended at $1366.06 and Intermediate wave (X) pullback remains in progress as a double three. Down from $1366.06, Wave W of (X) ended…
Shares of Monster Beverage Corporation (MNST – Free Report) declined more than 6% in after-hours trading on Feb 28 after the company reported disappointing fourth-quarter 2017 results. It missed the Zacks Consensus Estimate on both counts. Earnings & Revenue Discussion Monster Beverage reported earnings of 35 cents per share, missing the Zacks Consensus Estimate of 37 cents. Earnings, however,…
Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique…
WTI Crude Oil The WTI Crude Oil market has initially tried to rally during the day on Wednesday but rolled over rather significantly to break down below the $62 level. It looks as if there is a bit of support in the area though, so don’t be surprised if we get some type of bounce,…
