Latest Market News
Shares of U.S. and Canadian cannabis companies rallied Monday after Senate Majority Leader Chuck Schumer said Congress is “very close” to passing a cannabis banking and expungements measure. At a debate appearance on Sunday, Schumer said he’s made progress with Republican senators about introducing and passing a cannabis bill that would open up banking services […]
Shares of Avis Budget Group Inc. CAR, -2.83% rallied more than 6% in the extended session Monday after the car-rental company reported third-quarter earnings well above Wall Street expectations and said it expects the “strong” summer demand to carry through the end of the year. Avis earned $1.03 billion, or $21.67 a share, in the […]
• Platinum reversed from resistance level 955.00 • Likely to fall to support level 900.00 Platinum recently reversed down from the pivotal resistance level 955.00 (which has been reversing the price from June), standing near the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from March. The downward reversal from […]
• EURGBP reversed from support level 0.8590 • Likely to rise to resistance level 0.8700 EURGBP currency pair recently reversed up from the key support level 0.8590 (former resistance from July), standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support […]
Natural-gas futures climbed by almost 12% on Monday, cutting their loss for the month, with volatility high as traders continued to keep an eye on U.S. supply levels for the winter heating season. December natural gas NGZ22, +11.22% rose 67 cents, or nearly 11.8%, to settle at $6.355 per million British thermal units on the […]
Bitcoin (BTC) begins a key week of internal and macroeconomic events still trading above $20,000. After its highest weekly close since mid-September, BTC/USD remains tied to higher levels within a macro trading range. The bulls have been keen to shift the trend entirely, while warnings from more conservative market participants continue to call for macro […]