Latest Market News

Sep 30
Norwegian Cruise, Royal Caribbean stocks fall, but are holding up much better than Carnival’s

Shares of Norwegian Cruise Line Holdings Ltd. NCLH, -16.28% dove 12.3% in morning trading Friday, and were the second-worst performer in the S&P 500 SPX, -0.36%, in the wake of rival cruise operator Carnival Corp.’s CCL, -20.67% disappointing fiscal third-quarter results. Carnival’s stock was the S&P 500’s worst performer, tumbling 17.9% toward a 30-year low, […]

Sep 30
Stocks open lower after inflation data as investors wrap up brutal September

U.S. stocks opened lower Friday, feeling pressure after the Federal Reserve’s preferred inflation measure showed prices increased more than expected in August. The core personal-consumption price index, which strips out food and energy costs, rose 0.6% in August, compared with a forecast for a 0.5% increase. Investors were also monitoring a speech by Russian President […]

Sep 30
Lithium miner Snow Lake Resources stock rockets after withdrawing stock offering

Shares of Snow Lake Resources Ltd. SNOW, +3.20% rocketed 43.5% in premarket trading Friday, after closing the previous session at a record low, after the lithium miner withdrew plans to for a relatively large stock offering. After the stock soared 38.3% on Sept. 23, on the back of the company’s announcement it would work with […]

Sep 30
AEP closing sale of Kentucky operations at lower price

American Electric Power AEP, -1.21% said Thursday it agreed to a lower price of $2.65 billion for the sale of its Kentucky operations to Liberty Utilities and that it expects to close the deal in January. AEP originally planned to sell the business for $2.85 billion to Liberty in a deal announced in Oct., 2021. […]

Sep 30
Japanese Candlesticks Analysis 30.09.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Engulfing reversal pattern close to the support level, USDCAD is reversing in the form of a new ascending wave. In this case, the upside target may be at 1.3900. Later, the market may break the resistance area and […]

Sep 30
Ichimoku Cloud Analysis 30.09.2022 (EURUSD, XAUUSD, AUDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is no longer trading inside the bearish channel. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9745 and then resume moving upwards to reach 1.0115. Another signal in favour of […]