News

Twitter Inc. TWTR, -8.18% said Tuesday it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission regarding its agreement for the social media site to be acquired by Tesla Inc. TSLA, -5.88% CEO Elon Musk to $54.20 a share in cash. “Twitter is committed to completing the transaction on the agreed […]

Shares of Griffon Corp. GFF, +23.94% soared 23.4% toward a record in morning trading Monday, after the diversified management and holding company said it started a review of strategic alternatives to maximize shareholder value, which could include a sale of the company, a divestiture or a recapitalization. The stock is also headed for the biggest […]

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Hammer reversal pattern close to the support level, USDCAD is reversing in the form of a new ascending impulse. In this case, the upside target may be at 1.2930. However, an alternative scenario implies that the asset may […]

EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.0412, EURUSD has broken it to the upside. Today, the pair may correct with the target at 1.0474. Later, the market may then start a new decline towards 1.0300 or even extend this structure down to 1.0200. GBPUSD, “Great Britain Pound vs US […]

Daily Market Outlook, May 16, 2022 Overnight Headlines Goldman Sachs Cut US Growth Forecasts For 2022, 2023 McConnell Sees Wednesday Senate Vote On Ukraine Bill China Keeps Key Rate Unchanged Amid Sharp Slowdown China Economy Cools Sharply In April As Lockdowns Bite Shanghai Official: Aim For Return To Normal Life In June EU Consider Gas […]

New York City is approaching a COVID alert level of “high,” according to a statement from the health department, that urges New Yorkers to again wear face mask in indoor settings. For now, the city’s alert level remains “medium,” but cases are continuing to climb, driven by the omicron variant and subvariants. In an advisory, […]