Day: June 23, 2022

Jun 23
Smith & Wesson beats Wall Street expectations, board OKs 25% dividend increase

Smith & Wesson Brands Inc. SWBI, +9.62% shares fell 3% in the extended session Thursday following a rally in the regular session and after the gun maker reported quarterly profit and revenue above Wall Street expectations. Smith & Wesson said it earned $36.1 million, or 79 cents a share, in the fiscal fourth quarter, compared […]

Jun 23
Murrey Math Lines 23.06.2022 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading inside the “oversold area”. In this case, the pair is expected to test -1/8, break it, and then continue growing to reach the resistance at 0/8. However, this scenario may be cancelled if the price breaks the support […]

Jun 23
CANADIAN DOLLAR FUTURES (6C1!), H1 Potential for Bearish Drop

Type : Bearish DropKey Levels:Resistance : 0.77455 Pivot: 0.76955 Support : 0.76460 Preferred Case: On the H1, price is moving below the ichimoku cloud and along the descending trendline which gives us a bearish bias that prices will drop to the pivot at 0.76955 where the 50% fibonacci retracement and swing low support are. Once […]

Jun 23
GOLD FUTURES (GOLD1!), H1 Potential for Bullish Continuation

Type : Bullish RiseKey Levels:Resistance : 51792 Pivot: 51152 Support : 50529 Preferred Case: On the H1, price is moving above the ichimoku cloud and has broken out from descending trendline which supports our bullish bias that price will rise to the pivot at 51152 where the swing high resistance, 78.6% fibonacci projection and 61.8% […]

Jun 23
On the brink of recession: Can Bitcoin survive its first global economic crisis?

Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on the trust of third parties, such as banks, particularly failing banks that were nevertheless bailed out by the government at the expense of the public.  “The central bank must be trusted not to debase the […]

Jun 23
LendingTree stock falls after decline in mortgage activity leads to guidance cut

LendingTree Inc. TREE, +5.18% shares dove more than 13% in after-hours trading Thursday, after the lender trimmed its guidance for the quarter as a result of lower levels of home-mortgage loans. Executives said they now expect second-quarter revenue of $259 million to $264 million, after previously forecasting $283 million to $293 million, and also reduced […]

Jun 23
Canadian Securities Administrators publish staff notice on Information Processor for Exchange-Traded Securities other than Options

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

Jun 23
Coinbase to shut down Coinbase Pro to merge trading services

Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies. 5595 Total views 53 Total shares Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform. The United States-based crypto trading firm Coinbase officially […]

Jun 23
Gold futures down a 4th straight session

Gold futures ended lower on Thursday, with prices for the precious metal down a fourth straight session. Losses for gold are “mainly due to the strength in the dollar, as expectations are that [the Federal Reserve] may adopt even more hawkish monetary policy,” Naeem Aslam, chief market analyst at AvaTrade, told MarketWatch. In testimony before […]

Jun 23
GitHub users respond with ‘Bitcoin bill’ idea to Gillibrand-Lummis bill

The senators seek comments from industry stakeholders, consumers and interested parties. 1276 Total views 57 Total shares Now every interested user has a chance to leave their mark on a crypto bill that could define the industry guidelines in the United States in the near future, the Responsible Financial Innovation Act (RFIA). The document was […]