Getting Creative with USD/CHF’s Rebound What happened? So, USD/CHF’s rebound from 0.9543 extended higher last week, and it looks like the pullback from 1.0063 is finally over. This development has got traders buzzing with excitement. The initial bias is staying strong, and it seems like we’re in for some interesting times ahead. Exploring the Implications…
Nathan’s Famous Reports Strong Fiscal Year Results JERICHO, N.Y., June 10, 2022 (GLOBE NEWSWIRE) — Nathan’s Famous, Inc. (NASDAQ:NATH) today reported results for its fiscal year and fourth quarter ended March 27, 2022. Fiscal Year Highlights: Nathan’s Famous, known for its iconic hot dogs and other delicious menu items, announced stellar financial results for the…
The Impact of Bitcoin’s Mild Decline Bitcoin was down 0.3% on Thursday, continuing to hover around $30K. This mild decline was a result of last month’s loss of correlation between the cryptocurrency market and traditional financial markets. While some investors may see this as a cause for concern, others view it as an opportunity to…
Welcome to our Daily Pivots Blog! What do Today’s Pivots Mean for GBP/JPY Traders? Hey traders, it’s time to take a look at the daily pivots for GBP/JPY and see how they are influencing the market today. With the support level at 167.28, the pivot point at 167.91, and the resistance level at 168.93, it’s…
Market Movers: A Week of Uncertainty Investor Concerns It has been a difficult week for equity markets, as investors are unable to sustain last week’s substantial gains. The main cause for this downturn is investors’ growing concerns about a slowing economy. With uncertainty surrounding global trade tensions and potential interest rate hikes, many are hesitant…
2022: A Rollercoaster Year for the S&P 500 It’s Down, It’s Up, It’s Down Again – What’s Going On? 2022 is starting off as one of the worst years in history for the S&P 500. It’s down over -18.25% and the peak to trough YTD is -20.75% as of this writing (3rd week in May)….
What’s the difference between the Dow S&P 500 and Nasdaq? Do you know? Let’s compare! Understanding the Stock Indexes Many traders do not know exactly the difference between the Dow S&P 500 and the Nasdaq. It’s important to understand how to use these different stock indexes in order to make informed trading decisions. The Dow…
