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William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch

Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart “death cross.” 5547 Total views 7 Total shares Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular […]

Archer Daniels Midland Co. ADM, -1.32% shares rose nearly 4% in Tuesday premarket trading after it reported first-quarter earnings that beat the Street. The nutrition company, which produces ingredients like sweeteners and flavors, posted net income of $1.054 billion, or $1.86 per share, up from $689 million, or $1.22 per share, last year. Adjusted EPS […]

Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. 950 Total views 4 Total shares Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 […]

Shipping giant A.P. Moeller-Maersk’s MAERSK.B, +5.87% shares rallied 6% in mid-morning trade in Copenhagen, as the company lifted its earnings guidance for the year. A.P. Moeller-Maersk said it now expects underlying EBITDA of $30 billion, versus $24 billion previously, and free cash flow above $19 billion, versus prior guidance of above $15 billion. It gave […]

NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is still rebounding from Tenkan-Sen. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Kijun-Sen at 0.6665 and then resume moving downwards to reach 0.6450. Another signal in favour of a further downtrend will […]