Latest Market News

Jan 07
AUS200 Wave Analysis – 7 January, 2022

• AUS200 index reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 AUS200 index recently reversed down with the daily Bearish Engulfing from the major resistance 7645.00 (earlier multi-month high from August) – which started the active wave (ii). The resistance zone near resistance 7645.00 was strengthened by the upper […]

Jan 07
Platinum Wave Analysis – 7 January, 2022

• Platinum reversed from round resistance level 1000.00 • Likely to fall to support level 910.00 Platinum recently reversed down from the key round resistance level 1000.00 (which has been reversing the price from November). The resistance zone near the resistance level 1000.00 was strengthened by the upper daily Bollinger Band and by the 50% […]

Jan 07
President Biden sends CFTC nominations to Senate

With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. president has the opportunity to completely reshape the CFTC leadership. 755 Total views 20 Total shares The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with […]

Jan 07
D.R. Horton stock sinks to lead the S&P 500's losers as rising Treasury yields weigh on home builders

Shares of D.R. Horton Inc. DHI, -6.17% sank 5.8% in afternoon trading Friday, enough to pace the S&P 500’s SPX, -0.41% decliners, as the continued rise in Treasury yields and mortgage rates weighs heavily on the home-builders sector. D.R. Horton’s stock has now tumbled 11.9% this week, which would make it the biggest weekly drop […]

Jan 07
Gold futures mark worst weekly performance since Thanksgiving week

Gold futures settled higher on Friday after a disappointing rise in December U.S. nonfarm payrolls. Prices, however, still marked their worst weekly loss since the period ending Nov. 26, FactSet data show. The U.S. created a much smaller-than-expected 199,000 jobs in December, but the U.S. jobless rate slipped to 3.9% from 4.2%. “It seems traders […]

Jan 07
CinCor Pharma's stock opens well above IPO price, then sells off sharply

CinCor Pharma Inc.’s stock CINC, -4.06% shot out of the gate in morning trading Friday, but then pulled back sharply, to trade briefly below in negative territory. The Massachusetts-based biopharmaceutical company’s stock’s first trade was at $21.00 at 11:05 a.m. Eastern, or 31.3% above the $16 IPO price. The stock then rose to an intraday […]