Latest Market News

Oct 27
Altria misses profit and revenue expectations as inflation weighs on tobacco spending, stock slips

Shares of Altria Group Inc. MO, +1.25% fell 0.2% in premarket trading Thursday, after the Marlboro cigarette and heated tobacco company missed earnings expectations, as elevated gas prices and high inflation weighed on spending trends by adult tobacco consumers (ATCs). The company swung to net income of $224 million, or 12 cents a share, from […]

Oct 27
Honeywell stock heads higher after earnings as company boosts profit outlook

Shares of Honeywell International Inc. HON, +0.33% were up about 1% in premarket trading Thursday after the conglomerate housing aerospace, materials, and other businesses raised its full-year profit forecast and highlighted that its backlog gives “confidence” in the demand roadmap despite challenging economic conditions. The company reported net income of $1.55 billion, or $2.28 a […]

Oct 27
Merck stock rises after profit and sales beat, raised outlook

Shares of Merck & Co. Inc. MRK, +0.72% rose 1.4% in premarket trading Thursday, after the drug giant reported third-quarter profit and sale that beat expectations and raised its full-year outlook, as sales of the company’s top 3 selling drugs topped forecasts. Net income fell to $3.25 billion, or $1.28 a share, from $4.57 billion, […]

Oct 27
Australian dollar paused. Overview for 27.10.2022

The Australian dollar against its US colleague has stabilised after a wave of growth. The current quote is 0.6473. The Reserve Bank of Australia doubts the economic perspectives due to high inflation. In a tweet posted yesterday, the RBA still expresses its resignation to keep lifting the interest rate until inflation is brought to order. […]

Oct 27
Euro is hoping for ECB. Overview for 27.10.2022

EURUSD is above parity, waiting for decisive steps of the ECB. On Thursday, the market major continues its advance. The current quote is 1.0070. The main reason for the optimism of the EUR is rooted in the hope that the meeting of the European Central Bank scheduled for today will end up in some bright […]

Oct 27
Trading Psychology: Control Your Emotions While Trading

Trading Psychology: Control Your Emotions While Trading What is trading psychology? Trading psychology influences the market behavior which in turn affects your trading performance. Aside from the technical aspects like entries, risk management etc, the most important thing is your psychology when trading. Although, you might be an experienced trader with good knowledge and trading […]