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Daily Market Outlook, May 13, 2022 Overnight Headlines Shanghai Aims To Achieve No Community Spread By Mid-May Rate Hike Bets Build In Japan, Despite BoJ Easy Money Insistence BoJ’s Kuroda: Expected Rise In Inflation Will Lack Sustainability Kuroda Rules Out Near-Term Chance Of Tweaking BoJ’s Dovish Guidance Australian DefMin: Chinese Spy Ship In Waters ‘An […]
On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA. 3367 Total views 31 Total shares Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However, […]
Werner Enterprises Inc. WERN, -0.69% said Friday that it raised its quarterly dividend by 8.3%, to 13 cents a share from 12 cents. The trucking company’s stock was still inactive in premarket trading. The new dividend will be payable July 19 to shareholders of record on July 5. Based on Thursday’s stock closing price of […]
Shares of jeweler Brilliant Earth Group Inc. BRLT, -33.63% sank 23.6% in Friday trading as consumers pull back on big purchases during a period of sky-high inflation and global unrest. “Despite a solid 1Q22 EPS, Brilliant Earth lowered FY22 guidance reflecting moderating growth from consumers pausing on making big purchases amid macro uncertainties,” wrote Cowen […]
Shares of Ryder System Inc. R, +17.03% ran up 17.4% in afternoon trading Friday, putting them on track for the biggest one-day gain in 47 years, after the truck rental company confirmed that it received an unsolicited buyout bid from HG Vora Capital Management. The company said it will “carefully review and evaluate the indication […]
Type: Bearish ReversalKey Levels:Resistance: 0.71248Pivot: 0.70107Support: 0.68466Preferred Case:On the H4, with price moving below the Ichimoku cloud, we have a bearish bias that prices will drop to our 1st support at 0.68466 where our horizontal swing low is at from our pivot at 0.70107 in line with horizontal swing high and 38.2% Fibonacci retracement.Alternative Scenario:Alternatively, […]