Latest Market News
There’s a bit of good and bad news in the run-up to the next major U.S. inflation data on Tuesday, following July’s bigger-than-expected decline in the U.S. consumer-price index which triggered a short-term relief rally among stock investors. The corner of financial markets with money on the line in getting the CPI data just right […]
Shares of Perrigo Co. PRGO, +3.04% gained 2.1% in trading on Monday after the company said a Food and Drug Administration advisory committee meeting has been scheduled to review the application for an over-the-counter birth control. The meeting is set for Nov. 18. The medication, a daily oral contraceptive, is called Opill. If approved, it […]
Shares of Photoshop owner Adobe Systems Inc. ADBE, -0.22% were falling 1% in premarket trading Monday after Mizuho analyst Gregg Moskowitz downgraded the software stock to neutral from buy and cut his price target to $440 from $480, writing of his caution heading into the company’s Sept. 15 earnings report. “Our checks this quarter were […]
Moderna Inc. MRNA, -0.78% said Monday the Japanese regulator has approved a partial change to its new drug application for its omicron-targeting COVID booster, MRNA-1273.214. The approval from the Ministry of Health, Labour and Welfare is based on data from a Phase 2/3 trial in which the booster met all primary endpoints, including superior neutralizing […]
Type: Bullish Rise Key Levels:Resistance: 33432Pivot: 31862Support: 30966 Preferred Case:On the H4, with price moving along the ascending trendline and breaking above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 31862 where the pullback support is to the 1st resistance at 33432 where the overlap resistance, 78.6% […]
Type: Bullish Rise Key Levels:Resistance: 24320Pivot: 22440Support: 20790 Preferred Case:On the H4, with price moving above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 22440 where the overlap resistance and 61.8% fibonacci retracement are. Once there is upside confirmation that price has broken pivot structure, we would […]