Day: January 29, 2022
VF corp. VFC, -6.52% shares slipped 2.7% in Friday premarket trading after the company reported fiscal third-quarter profit and revenue that missed expectations. Net income totaled $517.8 million, or $1.32 per share, up from $347.2 million, or 88 cents per share, last year. Adjusted EPS of $1.35 missed the FactSet consensus for $1.40. Revenue totaled […]
Kiwi Comes Under PressureAnother week comes to a close in financial markets, and we’re also rounding out the first month of the year. I hope it’s been a great start to the year for you all. In terms of market action this week, there’s been plenty going on, however, it seems that the move catching […]
Type: Bullish BounceKey Levels:Resistance: 1.27888Pivot: 1.26951Support: 1.26543Preferred Case:With prices moving above the Ichimoku cloud, we see the potential for a bounce from our pivot at 1.26951 in line with horizontal overlap support and 23.6% Fibonacci retracement towards our 1st resistance at 1.27888 in line with horizontal swing high resistance and 61.8% Fibonacci retracement.Alternative Scenario:Alternatively, price […]
Not tackling even lower levels “seems wrong,” one analyst says, while another popular trader demands a $40,000 reclaim for Bitcoin price to flip “full bull.” 18424 Total views 93 Total shares Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC/USD 1-hour candle chart […]
The numbers: A measure of U.S. inflation preferred by the Federal Reserve leaped 5.8% in 2021 after another sharp increase in December, underscoring why the central bank is moving to raise interest rates for the first time in four years. The cost of goods and services advanced 0.4% in December, based on the government’s personal […]
Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input. 4560 Total views 69 Total shares North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” […]
Novavax Inc. NVAX, +13.71% said Friday it will supply 5 million doses of its protein-based COVID-19 vaccine to Israel as part of an advance purchase agreement, with the Israeli Ministry of Health also taking an option to buy an additional 5 million doses. “Novavax will work with the Ministry of Health to obtain the necessary […]
Russia’s retail cryptocurrency operations currently stand at about $5 billion per year. 875 Total views 39 Total shares On Friday, credit rating agency Fitch published a research piece about Russia’s proposed ban on cryptocurrencies. Although the report agreed with the Central Bank of Russia’s (CBR) position that the ban would limit its financial system’s exposure […]
Shares of earnings reporters Apple Inc. AAPL, +6.98% and Visa Inc. V, +10.60% are the only two of the Dow Jones Industrial Average’s DJIA, +1.65% 30 components that are gaining ground in the premarket, while those of fellow earnings reporters Caterpillar Inc. CAT, -5.19% and Chevron Corp. CVX, -3.52% were among the bigger Dow losers. […]
FSMA publishes a new opinion: the increase in a fringe benefit that is not itself a supplementary pension is, in the event of the death of one of the parents, not necessarily a supplementary pension. The increase in a fringe benefit that is not itself a supplementary pension (e.g. child supplement, study grant, etc.), made […]
