The latest posts from TalkMarkets
Fiserv Inc (FISV) Crushed After Earnings, Here’s The Trade
Today 14:10 EDT
The next key support area for Fiserv Inc will be around the $85.00 area. This support level is where the stock was defended back in late March 2020.
On the Ethanol front, the big story was ADM selling their ethanol plant in Peoria, Illinois and now plans to tap 3 ethanol plants in Iowa and Nebraska to make sustainable aviation fuel.
Tesla (TSLA) Not Enough To Lift ARK Innovation (ARKK)
Today 13:46 EDT
To a certain extent, the tendency to project falling rates when interest rates are high, and to project rising rates when they are low, is a reflection of the belief in mean reversion.
Plunge In Export Shipments Sparks US GDP Downgrades, Economy On Verge Of Contraction
Today 13:22 EDT
US economic data took a double hit this morning with a contraction in durable goods orders and perhaps even more notably, the US merchandise-trade deficit widened to a fresh record in September.
What's Next For Microsoft Stock After Earnings Breakout?
Today 13:10 EDT
The stock trades above both the 50-day moving average, and the 200-day moving average, indicating the stock is likely facing a period of bullish sentiment.
Dow Retreats from Record Highs as Earnings Optimism Wanes
Today 12:59 EDT
The positive sentiment from a strong earnings season couldn't last forever, and that is looking evident as the Dow Jones Industrial Average has shed around 108 points by midday, falling from record...
USD/JPY gives back the advance from the start of the week amid the recent weakness in longer-dated US Treasury yields.
Fluctuations in Gold
Today 12:38 EDT
The resistance number of $1,835 has become the monthly resistance, and a close above $1,835-$1,850 would trigger massive moves.
Bank of Canada: Getting ready to hike
Today 12:25 EDT
In a hawkish shift, the Bank of Canada has decided to end its QE asset purchases immediately and has brought forward its guidance on the first-rate hike to mid-2022.
The yellow metal is poised for another boost, however, this is largely contingent on the magnitude of central bank response to inflation expectations.
EUR/USD Forecast: Euro Rallies After 1.1586 Support Holds
Today 12:01 EDT
The EUR/USD forecast sees the pair edge higher as the Dollar Index has turned to the downside. As you already know from my analysis, when the DXY drops, the EUR/USD currency pair grows.
Cloud Stocks: UiPath Envisions Advanced ML Capabilities
Today 11:53 EDT
New York-based UiPath recently announced its second-quarter results that continued to outpace market expectations.
S&P 500 Up +5% With Three Days To Go
Today 11:45 EDT
There are only three sessions left in the month of October, and the S&P 500 enters them up 6.2% month to date.
Shrinking US Crude Reserves Might Confirm The Trend Now
Today 11:40 EDT
Oil prices rose again on Tuesday, approaching multi-year highs amid concerns over steadily shrinking US crude reserves.
INTC And CLF - The Two Best Stocks To Buy Today
Today 11:36 EDT
The semiconductor shortage has been raging for even longer than the "everything shortage" created by the global supply chain clogs. INTC shares dropped off a cliff on Friday, and they've fallen more...
USDJPY: Momentum Still In Play
Today 11:32 EDT
Today, we could expect a pattern continuation as the momentum is still in play, therefore a move towards that 114.5 resistance and beyond could be possible.
Will Anything Can Happen At The ECB Meeting Tomorrow?
Today 11:29 EDT
With most central banks in the world “normalizing” their policy, and some moving to raise rates somewhat dramatically, the ECB is in a unique position.
Even As 10-Year Yield Shows Signs Of Fatigue, TLT Shorts Get Aggressive – Squeeze Odds Up
Today 11:27 EDT
The 10-year yield rallied from 1.13 percent in early August to last Friday’s 1.69 percent. Bond bears expecting higher rates are getting aggressive. At some point, they risk being in a crowded trade.
The Dollar Dog That Doesn‘t Bark
Today 11:21 EDT
Stocks are recovering from yesterday‘s hesitation, and fresh highs will likely follow, coupled with another invalidation of credit markets weakness.
Daily Stock Analysis: Western Union Co.
Today 11:10 EDT
Western Union's price per share was $19.31 as of yesterday's market close. One year ago its price was $19.44. So, WU's share price dropped about .06% in the past year.
Trillion Dollar Tesla
Today 10:51 EDT
Gold Bearish Outlook: Everything Goes According To Plan
Today 10:32 EDT
We might see a plunge in gold prices quite soon. History repeats itself to a huge degree at the moment – let’s see what it has to offer.
Altcoins Ethereum And Litecoin: Elliott Wave Analysis
Today 10:20 EDT
Not much change in the Crypto market, but what is interesting is that most of the correlated markets can be now nearing target/resistance levels.
Microsoft: Expectations Were Surpassed
Today 10:07 EDT
Today, we could expect a pattern continuation and another move above the $312 level extending its gains.
The reboot of energy stocks rolls on in the year-to-date sector horse race, based on a set of ETFs through Tuesday’s close (Oct. 26).
Today's Big Events Still Lie Ahead
Today 9:30 EDT
The day’s big events lie ahead: the UK’s budget, the Bank of Canada, and the central bank of Brazil meetings.
Another False Dawn For Doctor Copper
Today 9:15 EDT
It’s been another false dawn for copper which continues to remain waterlogged restricted to trading in a narrow range as each rally falters and weakens before reversing on the daily chart.
Energy Report: Back To The Table
Today 9:00 EDT
The API showed some surprising increases in products. The API reported that gasoline inventories rose by 530,000 barrels. They reported that distillates rose by 986,000 barrels.