Day: October 7, 2022

Oct 07
Mt. Gox trustee sets registration deadline of Jan. 10 for repayment selection

Users of the Mt. Gox exchange may be one step closer to getting their funds back after trustee Nobuaki Kobayashi announced the options for repayment. Source: Cointelegraph

Oct 07
U.S. stocks end sharply lower after strong jobs report keeps Fed on hiking path, but post gain for week

U.S. stocks finished the week in the red after a still-strong September jobs report Friday suggested the central bank would not alter the course of monetary policy soon. The Dow Jones Industrial Average DJIA, -2.11% fell 630 points, or 2.1%, to finish at 29,297. The S&P 500 SPX, -2.80% lost 2.8%, while the Nasdaq Composite […]

Oct 07
Murrey Math Lines 07.10.2022 (Brent, S&P 500)

BRENT As we can see in the H4 chart, after breaking the 200-day Moving Average, Brent is trading above it to indicate a possible ascending tendency. However, there is divergence on the Relative Strength Index, which is a signal in favour of decline. In this case, the pair is expected to break 6/8 (93.75) and […]

Oct 07
Tilray widens net loss and misses analyst estimates, shares fall

Tilray Brands Inc. TLRY, -18.72% closed lower by 18.7% on Friday after the cannabis company said its first-quarter loss widened to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or 9 cents a share, in the year-ago quarter. Revenue at the cannabis company fell 9% to $153.2 million. Analysts expected […]

Oct 07
Dow skids nearly 700 points to new session lows Friday

U.S. stocks were tumbling to new session lows Friday afternoon after a strong jobs report for September reinforced a view on Wall Street that the Federal Reserve will keep tightening financial conditions to tame high inflation. The Dow Jones Industrial Average DJIA, -2.23% was down about 688 points, or 2.3%, near 29,240, after setting a […]

Oct 07
Dow skids more than 500 points Friday, but stocks still on pace to snap 3-week losing streak

U.S. stocks touched fresh session lows Friday afternoon after a jobs report for September showed no signs of labor gains easing back, a key focus of the Federal Reserve as it attempts to cool stubbornly high inflation. The Dow Jones Industrial Average DJIA, -2.21% was down about 585 points, or 2%, to trade near 29,341, […]

Oct 07
Gold futures settle lower for the session, but score back-to-back weekly gains

Gold futures settled lower on Friday, but notched a second straight weekly gain. A “stronger U.S. jobs report means talks about the [Federal Reserve] potentially pivoting [away from interest-rate hikes] have all but ended,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. “The dollar is thus likely to remain supported on the dips, […]

Oct 07
MMM Wave Analysis – 7 October, 2022

• MMM under bearish pressure • Likely to fall to support level 105.00 MMM under the bearish pressure after the earlier breakout of the round support level 110.00 which stopped the earlier impulse wave i at the end of September), intersecting with the support trendline of the wide down channel from January. The breakout of […]

Oct 07
WTI Wave Analysis – 7 October, 2022

• WTI broke resistance level 88.90 • Likely to rise to resistance level 95.00 WTI crude oil previously broke the resistance level 88.90 (former top of the minor correction (iv) from the start of September). The breakout of the resistance level 88.90 was preceded by the breakout of the resistance trendline from June and the […]

Oct 07
BNB Chain back online after suspension due to a cross-chain exploit

After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. Source: Cointelegraph