Latest Market News

Jul 09
Apple stock heads for first back-to-back closes above the 50-DMA in 3 months

Shares of Apple Inc. AAPL, +0.47% rose 0.8% in afternoon trading Friday, putting them on track to close above the widely followed 50-day moving average (DMA) for second straight session. The last time the technology behemoth’s stock closed in back-to-back sessions above that key technical level, which many chart watchers view as a shorter-term trend […]

Jul 09
Stocks close mostly lower Friday, but major indexes sweep to weekly gains

Stocks end mostly lower Friday after a strong June jobs report, while still booking solid gains in the first full trading week of July. The Dow Jones Industrial Average DJIA, -0.15% shed about 45 points, or 0.1%, ending near 31,339. The S&P 500 index SXP, -2.94% fell 0.1%, while the Nasdaq Composite Index COMP, +0.12% […]

Jul 09
10 year US T-Note Futures (TN1!), H1 Potential For Bearish Drop

Type: Bearish MomentumKey Levels:Resistance: 129’14’5Pivot: 126’30’5Support: 124’09’0Preferred Case:On the H1, with price moving below the ichimoku cloud , we have a bearish bias that price will drop to the pivot at 126’30’5 in line with the overlap support and 61.8% fibonacci projection. Once there is downside confirmation of price breaking pivot structure, we would expect […]

Jul 09
PLATINUM FUTURES (PL1!), H1 Potential For Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 891.0Pivot: 850.8Support: 832.0Preferred Case:On the H1, with prices moving above the ichimoku cloud and has broken the descending trendline, we have a bullish bias that price will rise from the pivot at 850.8 in line with the pullback support and 50% fibonacci retracement to the 1st resistance at 891.0 where the […]

Jul 09
Tesla stock heads higher in after hours after Musk ends Twitter deal

Shares of Tesla Inc. TSLA, +2.54% rose 1.3% in the extended session Friday after news that company chief executive Elon Musk wants to abandon his $44 billion agreement to acquire Twitter Inc. TWTR, -5.10%, a deal that would be fueled in part by Tesla shares owned by Musk. Tesla’s stock ended the regular trading day […]

Jul 08
Central Bank of Ireland welcomes publication of the International Monetary Fund’s assessment of Ireland’s financial sector

The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]