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Showing posts from October, 2022

NASDAQ, S&P 500, AND DOW HIT RECORDS, AMAZON SLIDES - DAILYFOREXTRADING.NET

  Stocks reversed direction and climbed to records Friday, capping a strong October as several catalysts all came together at once. Friday, the Dow Jones Industrial Average ended the day up 89 points, or 0.3%, to close at a record 35,819.56. The S&P 500 rose 0.2% to close at a record 4,605.38. The Nasdaq Composite gained 0.3% to 15,498.39, also a record closing high. October was a strong month for stocks. The S&P 500 has gained 6.9% for the month of October. The Nasdaq and Dow posted monthly gains of 7.3% and 5.8%, respectively. The indexes rebounded from an early autumn drawdown: In September, concerns about supply chain constraints and rising bond yields pushed stocks lower. Several factors enabled stocks to rebound this month. Bond yields have paused in their larger ascent. Companies have  S&P 500, Nasdaq Hit Record Highs. Growth Worries Boosted Tech Stocks. Advertisement   See Real-Time Market Prediction FREE !!!   Corporate earnings remain in the sp...

TODAY NEWS: USD/CAD [16 NOV 2021] - DAILYFOREXTRADING.NET

  USD/CAD struggles around 1.2500 on sluggish oil USD/CAD bears take a breather after a two-day downtrend, taking rounds to 1.2510 during Tuesday’s Asian session. Continue reading with Fxstreet...      USD/CAD Rate Susceptible to Larger Pullback on Strong Canada CPI USD/CAD continues to pullback from a fresh monthly high (1.2605) on the back of US Dollar weakness Continue reading with Dailyfx    Declines below support levels The USD/CAD currency exchange rate ended its sideways trading on Friday at noon. By the middle of Monday's trading Continue reading with Fxstreet...    The 61.8% golden ratio could come under pressure The price of USD/CAD has so far corrected to test the 38.2% Fibonacci retracement and on towards the 50% Continue reading with Fxstreet...    US Dollar Technical Setups: USD/CAD Last week’s US Dollar breakout has already stretched into initial levels resistance targets with the technicals on the USD Majors  Contin...

3 TOP GROWTH STOCKS TO BUY RIGHT NOW - DAILYFOREXTRADING

  KEY POINTS Fiverr was disillusioned last year, yet that was more with regards to valuation than its business. Airbnb stock was acquired in 2021, and it has more available for 2022. Lemonade is posting high development regardless of mounting misfortunes and a temperamental misfortune proportion. The market finished 2021 with well-better than expected increases notwithstanding the pandemics kept desolating of the world. The S&P 500 acquired 26.9% last year, yet it's beginning the year on a downtrend. Are stocks expanded? Potentially. In any case, that doesn't mean you can't in any case track down stocks with tremendous development potential. A piece of try to stay away from momentary fervor and spotlight on incredible organizations with long haul potential. Involving that thought as a premise, my main three development stocks to purchase right presently are Fiverr International (NYSE: FVRR), Airbnb (NASDAQ: ABNB), and Lemonade (NYSE: LMND). We should discover a smidgen...

TODAY NEWS: USD/JPY [4 NOV 2021] - DAILYFOREXTRADING.NET

  USD/JPY inches back closer to 114.00 mark as Fed decision looms The USD/JPY pair gained some positive traction during the early North American session and inched back closer to daily tops Continue reading with Fxstreet.com.. .     US Dollar Continues to Consolidate Against Japanese Currency The US dollar has softened ever so slightly against the Japanese yen on Wednesday as we continue to build a little bit of a rectangle. Continue reading with Finance.yahoo...   USD/JPY Trades in Bull Flag Formation Ahead of FOMC Rate Decision USD/JPY continues to consolidate within a bull flag formation as longer-dated US Treasury yields remain under pressure, but the Federal Reserve interest rate decision Continue reading with Dailyfx...   Daily technical and trading outlook – USD/JPY USD/JPY - 114.08.. Although DLR rose marginally abv Tue's 113.98 top to 114 .00 ahead of Asian open price ratcheted lower to 113.73 Continue reading with Fxstreet.com.. . USD/JPY constrained ...

CAITLIN LONG TAKES AIM AT THE NEW YORK TIMES OVER CRYPTO 'ALARM' ARTICLE - DAILYFOREXTRADING

  Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair. Avanti Bank and Trust CEO Caitlin Long have posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is “disrupting the banking industry” so fast regulators can’t keep up. Popular Cryptocurrencies :  Bitcoin ,   Ethereum ,  Ripple ,  Litecoin ,  Bitcoin Cash Disrupting traditional finance is exactly what crypto and DeFi aspires to do, but the piece titled “Crypto’s Rapid Move Into Banking Elicits Alarm in Washington” published on Sept. 5 had a number of inaccuracies and omissions according to Long. The primary argument of the piece — using DeFi startup BlockFi as an example — was that crypto derivatives and highly leveraged products have become a nightmare for regulators which are scrambling to catch up.  High-stakes speculation is leaving investors vulnerable to major losses according to the...

5 TIPS FOR CRYPTOCURRENCY TRADING YOU PROBABLY KNEW NOTHING ABOUT - DAILYFOREXTRADING.NET

  Consistently we pay attention to giving an account of different news stages about either as to digital forms of money and, with the new market rectification, the market has been in a mess. A few, similar to ABC News as can be found in the video beneath, announced that there is a potential air pocket in market costs months prior.  Yet, that is by and large the issue; everybody is by all accounts calling attention to the issue, however, nobody really is by all accounts excited about giving arrangements. Also, those that care enough to direct others, do as such at an expense as online courses, paid classes, and that's just the beginning. This is the reason I saw the need to set up this post and give some valuable tips to direct your trading in when the market is by all accounts bullish. Other than the tips, I will likewise impart to you the absolute most volatile digital currencies you want to look out for and the best one among them for day trading. Here are some best crypto ...

ON OCTOBER 11, META CONNECT WILL REVEAL META QUEST PRO - DAILYFOREXTRADING

  It's almost guaranteed that the much anticipated premium successor to the well-liked Meta Quest 2 headset will be the greatest one yet after Meta CEO Mark Zuckerberg shared a photo of himself wearing a headset that hadn't yet been disclosed on Facebook. It adds, "See you at Meta Connect on October 11." Earlier, Zuckerberg stated the gadget, also known as Project Cambria, would be unveiled to the public in October during an appearance on the Joe Rogan experience podcast. The keynote timing is still up in the air even though we now know the precise date. The headset's most crucial capabilities, including face and eye tracking, were demonstrated by Zuckerberg during his visit on JRE last week. These characteristics will make conversation in the Metaverse seem more authentic. Trade With Our Recommended Broker   ✅ AssetsFX ✅ Users will be able to "sort of gaze at each other in virtual reality," he claimed, adding that when people are together, nonverbal co...

WARREN BUFFETT’S BERKSHIRE BUYS $4.1B STAKE ON CITIGROUP - DAILYFOREXTRADING

  Warren Buffett’s Berkshire Hathaway, which cut many bank holdings as the pandemic bore down on the US, is back with a roughly $US2.9 billion ($4.1 billion) bet on Jane Fraser’s Citigroup even as it said goodbye to a long-time stake in Wells Fargo & Co.   The company also added a $US2.61 billion bet on Paramount and a nearly $US390 million stake in Ally Financia, according to a regulatory filing Monday. Buffett’s firm also disclosed new stakes in McKesson, Markel, and Celanese. Berkshire has spent recent years revamping its bank bets. It pulled back from big-name investments including stakes in JPMorgan Chase & Co and Goldman Sachs Group while sticking with Bank of America and US Bancorp. Revealed In 2022 Best Day Trading Strategies for Beginners Wells Fargo, an investment made more than three decades ago by Berkshire, has been whittled down and finally disappeared from the quarterly filing this time around. Berkshire’s now betting on Citigroup as new management take...