News

At last week’s meeting of the ECB’s Governing Council, we decided to increase our main policy rate by 50 basis points.  This continues the normalisation of our monetary policy, a path that we had started to travel on last December. Our aim is to dampen the inflationary pressures that we’re seeing in the euro area […]

Bed Bath & Beyond Inc. BBBY, -2.51% said Thursday afternoon that it plans to hold a conference call Aug. 31 at 8: 15 a.m. Eastern to offer a “business and strategic update.” Bed Bath & Beyond has seen growing interest in recent weeks as meme-stock investors have shown a clamoring for the name. “We recognize […]

Ulta Beauty Inc.’s stock ULTA, +1.75% rose 3% in extended trading Thursday after the chain of beauty stores reported fiscal second-quarter revenue that exceeded Wall Street analysts’ forecasts. Ulta Beauty reported net income of $295.7 million, or $5.70 a share, compared with net income of $250.9 million, or $4.56 share, in the year-ago quarter. Adjusted […]

Lam Research Corp. LRCX, +3.28% said late Thursday its board of directors has approved 22.5 cent, or 15%, increase in the company’s dividend, to $1.725 a share from $1.50 a share. The increase “is consistent with the intent for disciplined annual dividend growth,” Lam Research said. The dividend will be paid Oct. 5 to shareholders […]

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, after breaking the 200-day Moving Average, USDCHF is trading above it to indicate a possible ascending tendency. In this case, the pair is expected to rebound from 6/8 and resume growing towards the resistance at 8/8. However, this scenario may be […]

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range.  Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough […]