Day: June 28, 2022

Jun 28
Evofem’s stock is still up after Friday’s Supreme Court decision

Shares of Evofem Biosciences Inc. EVFM, +187.71% soared 164.6% in trading on Monday in a rally that began Friday when the Supreme Court decision striking down Roe v. Wade was announced. Evofem makes a birth-control product with a four-year shelf life called Phexxi, a non-hormonal gel that controls pH levels, which reduces the mobility of […]

Jun 28
Robinhood stock spikes after reported deal interest from FTX

Shares of Robinhood Markets Inc. HOOD, +14.00% closed up 14% in Monday trading after a Bloomberg News report said that FTX, the cryptocurrency exchange run by Sam Bankman-Fried, was exploring whether it may be able to purchase Robinhood. The report, which quoted multiple anonymous sources, said that FTX was “deliberating internally” how it might be […]

Jun 28
Forex Technical Analysis & Forecast 28.06.2022

EURUSD, “Euro vs US Dollar” After completing the ascending wave at 1.0614, EURUSD is correcting down to 1.0555. Later, the market may trade upwards to reach 1.0629 and then resume falling with the target at 1.0440. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has finished the ascending wave at 1.2330 along with the correction […]

Jun 28
Japanese Candlesticks Analysis 28.06.2022 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed an Engulfing reversal pattern not far from the support area. At the moment, the asset may reverse in the form of a new ascending impulse. In this case, the upside target may be the resistance level at 1837.00. At […]

Jun 28
Precious Metals Monday 27-06-2022

Gold & Silver Bouncing Within Recent RangesMetals traders may well now be thinking what is it going to take to see gold and silver break out of these ranges? Despite all the various economic and geopolitical events of note over the last month two months, both metals are still well within their recent ranges and […]

Jun 28
CORN MINI FUTURES (XC1!), H4 Potential for Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 780’3 Pivot: 758’5Support: 720’4Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trend channel, we have a bearish bias that price will drop from the pivot at 758’5 in line with the overlap support to the 1st support at 720’4 in line with the 78.6% […]

Jun 28
Wells Fargo plans to increase dividend

Wells Fargo & Co. WFC, -1.28% said late Monday it expects to increase its third quarter dividend to 30 cents a share, from 25 cents a share, subject to approval by the company’s board at its July meeting. The bank also said it has “significant capacity” to buy back its shares within the next four […]

Jun 28
JPMorgan raises capital buffers after stress test and keeps third-quarter dividend of $1 a share

JPMorgan Chase & Co. JPM, -0.80% shares rose 0.3% in aftermarket trading on Monday after the bank said it will keep its third-quarter dividend at $1 a share as it channels more capital to complete the Federal Reserve’s 2022 annual stress test process. The bank’s stress capital buffer (SCB) requirement is now 4%, up from […]

Jun 28
Andrew J. Kriegler to lead Canada’s new SRO

Vancouver and Toronto – The Canadian Securities Administrators (CSA) announced today that the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) have approved Andrew J. Kriegler as Chief Executive Officer (CEO) of the new self-regulatory organization (SRO) when it is formed. “The appointment of a CEO is […]

Jun 28
Murrey Math Lines 27.06.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the price is expected to test 4/8, break it, and then continue falling to reach the support at 2/8. Still, this scenario may no longer be […]