Dow plunge still not at last gasp levels
The US30's momentum is showing bearish pressure. If it maintains current readings, prices are likely to decline further.
The US30's momentum is showing bearish pressure. If it maintains current readings, prices are likely to decline further.
The US Index posted its worst day since the height of the pandemic yesterday, as major retailers saw their bottom lines getting crushed, causing risk aversion and renewed fears of stagflation
Large US retailers were in focus this week, as they reported their earnings, which showed lower profitability and margins in an environment of high inflation
The US30 bounce since last week Thursday has run into overhead resistance.
Retail numbers are strong, with previous revised up.
Elon Musk's takeover of Twitter (TWTR.us) cannot proceed until the company provides proof that the number of fake or spam accounts makes up less than 5% of total accounts.
Dow breaks out of short-term continuation pattern ahead of cash open.
The S&P 500 is rallying pre-cash open. However, key levels above suggest caution still needs to be exercised.
The Walt Disney Company reported strong financial results for fiscal Q2 2022 on Wednesday, with an addition of 7.9 million users in Disney+ and a profit for its Parks (DPEP) segment
What Is An Inverted Yield Curve? An inverted yield curve is a situation in which yields on shorter-term U.S. Treasury securities are higher than on longer-term bonds, a reverse of the traditional state of affairs, where yields are higher the longer the bond's maturity. Many economists and analysts view an inverted yield curve as a signal that the U.S. economy may be poised to go into recession, because lower yields…
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