Latest Market News

Oct 24
Forex Technical Analysis & Forecast 24.10.2022

EURUSD, “Euro vs US Dollar” The pair performer a wave of decline to 0.970, then demonstrated an impulse of growth to 0.9823. Today a consolidation range is forming around this level. Another link of growth to 0.9942 is expected, followed by a decline to 0.9823. GBPUSD, “Great Britain Pound vs US Dollar” The pair performed […]

Oct 24
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. […]

Oct 24
S&P 500, Dow open higher, adding to gains after best week since June; Nasdaq declines

U.S. stocks opened higher on Monday after a volatile night of trading for futures as investors continued to react to shifting expectations about the future pace of Federal Reserve rate hikes. The S&P 500 SPX, +0.77% rose 12 points, or 0.3%, to 3,763. The Dow Jones Industrial Average DJIA, +1.04% gained 184 points, or 0.6%, […]

Oct 24
Vaxcyte’s stock rallies 46% on positive data for its pneumococcal vaccine candidate

Shares of Vaxcyte Inc. PCVX, +70.17% soared 46.7% in premarket trading on Monday after the company said its experimental 24-valent pneumococcal conjugate vaccine met the primary endpoint in a Phase 1/2 clinical proof-of-concept study. The vaccine was tested in healthy adults. The company said it plans to advance its vaccine candidate into Phase 3 clinical […]

Oct 24
Chesapeake Energy credit upgraded at S&P Global, but remains 2 notches deep in ‘junk’ territory

Shares of Chesapeake Energy Corp. CHK, +0.85% edged up 0.1% in morning trading Monday, after S&P Global Ratings raised its rating on the oil and gas exploration company’s credit, citing a “favorable operational and financial track record” since merging from bankruptcy early last year. The rating moved up one notch to BB from BB-, but […]

Oct 24
Do and Don’ts of Crypto Trading

Do’s and Don’ts of Crypto Trading DO’S Manage your risks Some people offering crypto trading tips might not have your best interests at heart. So don’t get stung making the same mistakes as others. Use stop loss orders to help minimize your losses when there are sell-offs Set Prices Setting prices when you are prepared to […]