Day: June 3, 2022
History can be a powerful tool, particularly in a high-inflation environment like this one in which no suitable economic model seems to apply. Inflation — running at 8.3% as of April, near a four-decade high — has stayed stubbornly persistent for a full year to the surprise of virtually everyone who tracks it. Now there’s […]
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted. 953 Total views 21 Total shares Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating apps. An investigator for cybersecurity company Sift […]
Stocks rallied into the closing bell Thursday, shaking off early weakness tied to Microsoft Corp.’s MSFT, +0.79% lowered guidance and worries about the pace of Federal Reserve rate increases. The Dow Jones Industrial Average DJIA, +1.33% ended with a gain of around 435 points, or 1.3%, to end near 33,248, according to preliminary figures, while […]
El Salvador’s finance minister believes the ongoing price volatility of Bitcoin means the awaited “Bitcoin bond” won’t be launched anytime soon. Meanwhile the country faces a “human rights crisis.” 935 Total views 15 Total shares El Salvador’s finance minister Alejandro Zelaya has said the country will further delay launching its anticipated billion dollar Bitcoin (BTC) […]
Alaska Air Group Inc. ALK, +1.76% late Thursday tweaked the lower end of its capacity guidance for full-year 2022, but said its performance has improved and “stronger” revenue is offsetting fuel price increases. Alaska said it expects capacity to be 7% to 9% below 2019 capacity, compared with a previous expectation of 6% to 9% […]
AUDUSD doesn’t care about global risk aversion and continues holding its position. The Australian Dollar doesn’t pay attention to the external pressure against the USD on Thursday. The current quote for the instrument is 0.7184. The Aussie is looking quite strong against the USD, which is now attacking on all fronts, but its chances to […]
EURUSD retreated to its weekly lows amid global risk aversion. The major currency pair is hanging not far from its weekly lows. The current quote for the instrument is 1.0680. Investors are getting more and more interested in “safe haven” assets and it’s very good for the “greenback”. The statistics from the US published yesterday […]
Type: Bearish MomentumKey Levels:Resistance: 8886Pivot: 8788Support: 8454Preferred Case:On the H1, price is moving below the ichimoku cloud and breaking from the ascending channel which supports bearish bias that price will drop from our pivot at 8788 in line with the pullback resistance to the 1st support at 8454 in line with the swing low support, […]
Type: Bearish MomentumKey Levels:Resistance: 1085’2Pivot: 1065’2Support: 1027’0Preferred Case:On the H1, price is moving below the ichimoku cloud which supports bearish bias that price will drop from our pivot at 1065’2 in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 1027’0 in line with the swing low support.Alternative Scenario:Alternatively, price […]
Costco Wholesale Corp. COST, +6.70% said late Thursday its May sales rose 16.9% to $18.23 billion. Same-store sales rose 15.5%, the company said, with online sales up 6.3%. Costco stock rose 0.3% in the extended session Thursday, after ending the regular trading day up 6.7%. Source: Marketwatch
