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Type: Bearish Reversal Key Levels:Resistance: 19.431Pivot: 18.797Support: 18.026 Preferred Case:On the H4, with price moving below the ichimoku cloud and moving in a descending trend channel, we have a bearish bias that price will continue to drop from the pivot at 18.797 in line with the 61.8% fibonacci projection to the 1st support at 18.026 […]
Daily Market Outlook, July 20, 2022 Overnight Headlines Dollar Loses Steam, Euro Heaves Sigh Of Relief Ahead Of ECB Asian Equity Markets Broadly Higher; US Futures Also Gain Netflix Rallies 8% After Hours After Losing Fewer Subscribers Biden To Announce Climate Actions, Not Yet Declare Emergency Biden Approval Rating Falls To 36%, Matching The Record […]
Senator Emmer highlighted the SEC’s politicization of regulations and called them power-hungry regulators that discourage good-faith regulations. 1197 Total views 43 Total shares Tom Emmer, the Republican Senator from Minnesota, has become the latest politician to blast the United States Securities and Exchange Commission (SEC) for its unethical actions against crypto companies. Emmer posted a […]
Bath & Body Works Inc. BBWI, -2.12% shares dropped 8.7% in Wednesday premarket trading after the retailer issued a downward revision of its second-quarter and full-year guidance. Bath & Body Works, known for its scented lotions and candles, now expects second-quarter sales to be down 6% to 7% versus previous guidance for a low-single-digit percent […]
Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a “combination of circumstances” beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed as “rumors” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase. Due to a combination of circumstances beyond our control […]
Shares of AMC Entertainment Holdings Inc. AMC, -1.09% gained 0.9% in premarket trading Wednesday, after the movie theater operator and “meme” stock said it paid about $50 million to repurchase about $72.5 million of its 10.0% second lien debt due 2026, representing about a 31% discount. The company said the repurchase of the debt will […]