Day: June 29, 2022
Public Service Enterprise Group Inc. PEG, +0.06%, also known as PSE&G, said the New Jersey Board of Public Utilities has approved its Infrastructure Advancement Program (IAP), which allows it to invest $511 million over four years to update its distribution systems and improve reliability, “including during extreme weather.” The company said its program will create […]
The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market. 5782 Total views 83 Total shares Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark […]
Goldman Sachs Group Inc. GS, +2.11% rose 1.6% after Bank of America analyst Ebrahim H. Poonawala upgraded the company to buy from neutral on his view that the bank offers a relatively better value than its peers in a looming economic downturn. Poonawala raised his price target on Goldman to $380 a share from $360 […]
And once again the BTC is very sensitive to mood swings in the US stock market. There is a correlation between S&P 500/NASDAQ and the BTC, which can be easily seen right now. This week, American exchanges are selling, so the major cryptocurrency has few chances to rebound. The BTC is falling towards $20,080 on […]
USDJPY is going around in circles; investors are ready to continue buying. The Japanese Yen is consolidating against the USD on Wednesday. The current quote for the instrument is 136.12. Nevertheless, this local calmness in the pair shouldn’t mislead anyone – the Yen does remain weak and further devaluation is just a question of time. […]
The summit of the Group of Seven industrialized countries ended yesterday, Tuesday, June 28, by agreeing to consider setting a ceiling for the price of Russian oil as part of its efforts to pressure Russia and its retreat from the war in Ukraine. Despite the difficulty of achieving this, the Group of Seven countries believes […]
Type: Bearish MomentumKey Levels:Resistance: 134.850Pivot: 132.575Support: 130.275Preferred Case:On the H1, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to the pivot at 132.575 in line with the swing low support and 100% fibonacci projection. Once there is downside confirmation, we could expect price to drop to the […]
Type: Bullish RiseKey Levels:Resistance: 116.61Pivot: 111.20Support: 107.09Preferred Case:On the H1, price is moving above the ichimoku cloud and has broken the descending trendline which supports our bullish bias that price will drop and rise from the pivot at 111.20 where the overlap support is to 1st resistance at 116.61 in line with swing high resistance […]
Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come. 1560 Total views 32 Total shares From the highs of feeling like a total genius to the lows of downward price movements, crypto investing has taken Dubai-based trader JC Enriquez on a […]
Performance Food Group Co. PFGC, -1.35% on Wednesday reiterated its 2022 sales forecast of $50.5 billion to $51 billion, including the impact of 10 months its Core-Mark acquisition. Analysts surveyed by FactSet currently expect the company to generate sales of $50.94 billion. By fiscal 2025, Performance Food Group forecasts sales of $62 billion to $64 […]
