Latest Market News
Shares of Toll Brothers Inc. TOL, +0.22% dropped more than 2% in the extended session Tuesday after the home builder lowered its deliveries guidance for the year, blaming labor shortages and supply-chain snags and saying that higher mortgage rates and home prices have sidelined some buyers. Toll Brothers said it earned $273 million, or $2.35 […]
U.S. oil futures settled at their highest price in more than a week Tuesday as Saudi Arabia raised talk of potential production cuts, while natural-gas prices dropped 5% after reaching 14-year highs amid ongoing concerns over European supplies. Freeport LNG said Tuesday that it plans to restart its liquefaction facility in early to mid-November, later […]
Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000 level was followed by “distribution” as profit-takers and short-term holders sold as price encountered a trendline resistance […]
U.S. stocks finished lower on Tuesday as investors awaited a Friday update from the Federal Reserve on its potential path to higher rates. The Dow Jones Industrial Average DJIA, -0.47% shed about 154 points, or 0.5%, ending near 32,908, while the S&P 500 index SPX, -0.22% closed 0.2% lower, with both benchmarks ending lower for […]
Type: Bearish Drop Key Levels:Resistance: 152’12Pivot: 149’28Support: 148’08 Preferred Case:On the H4, with the price moving within the descending trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 149’28, which is in line with the swing low to the support at 148’08, where the previous […]
Type: Bullish Rise Key Levels:Resistance: 10.695Pivot: 10.005Support: 9.050 Preferred Case:On the H4, with the price moving within the ascending trendline and above the ichimoku cloud , we have a bullish bias that the price may rise from the pivot at 10.005, which is in line with the 61.8% fibonacci projection to the 1st resistance at […]