Day: April 9, 2022
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
Analyst Kenneth Leon at CFRA on Friday lowered his rating on Whirlpool Corp. WHR, +2.04% shares to sell, from buy, and lowered his price target by $20 to $180 as rising interest rates and a “potential risk of global stagflation” could hurt consumer-discretionary spending for household appliances. “We believe (Whirlpool) shares may underperform the S&P […]
Type: Bullish BounceKey Levels:Resistance: 1950.6Pivot: 1921.5Support: 1915.8Preferred Case:Prices are consolidating in a triangle pattern . We see the potential for further bullish continuation from our Pivot at 1921.5 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1950.6 in line with 127.2% Fibonacci Projection . Our bullish bias is further supported […]
Type: Bearish DipKey Levels:Resistance: 25.065Pivot: 24.8Support: 24.230Preferred Case:Prices are consolidating in a triangle pattern . We see the potential for a dip from our Pivot at 24.8 in line with 78.6% Fibonacci Projection towards our 1st support at 24.230 in line with 61.8% Fibonacci Projection . RSI is at levels where dips previously occurred and […]
President Joe Biden tested negative for COVID-19 on Friday, the White House said. That result comes as a number of officials in Washington, D.C., have tested positive, raising concerns at a time when the Biden administration’s narrative is that the pandemic is under control. Source: Marketwatch
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. 1450 Total views 85 Total shares On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site […]
Amid the debate over whether the U.S. is about to head into an economic downturn, the Duke University finance professor who pioneered the use of bond-market yield curves as a predictive tool has a few things to say. One is that it’s too soon to say whether a contraction is on the way, though the […]
