China retaliates, slaps duties on US soybeans, planes, cars, beef, and chemicals. Read story Trump says US has already lost trade war with China. Read story Apple hires prominent AI expert from Google. Read story YouTube shooter was an animal rights activist who “hated YouTube for demonetizing her videos. Read story MLK50: Thousands gather to […]
China to respond to new US duties with ‘same scale, intensity’. Read story US dollar shrugs off US-China trade tensions; Euro gives up gains. Read story Tesla misses Model 3 target of 2,500 vehicles a week. Read story Musk takes over production of Tesla’s Model 3. Read story Silicon Valley, Wall St taking notes on […]
Last week we warned to keep a close eye on the 200-DMA because it is an important technical indicator. In bull markets, stocks tend to spend most of their time above the 200-DMA, while during bear markets, they spend most of their time below this line. Stocks seldom stray too far from this line in either direction, and when they do, the […]
China hammers US goods with tariffs as ‘sparks’ of trade war fly. Read story Tesla bankrupt? Elon Musk cracks jokes after worst month in 7 years. Read story Apple, Nike, and 18 other US companies have $150 billion at stake in China trade war. Read story Sachs, Lord & Taylor breach: Data stolen on 5 […]
Treasury yields extend slide ahead of jobless claims, inflation data. Read story US jobless claims drop to lowest level since January 1973. Read story The robots are killing Tesla. Read story Canadian GDP expectantly falls in January as housing chill sets in. Read story Trump attacks Amazon for paying ‘little or no taxes.’ Read story […]
Kim Jong Un’s secret trip to China was full of gourmet food, wine, and music – take a look inside the lavish visit. Read story China says Kim Jong Un has pledged to denuclearize Korea. Read story Gold heads for back-to-back losses as dollar, stocks point higher. Read story Higher Mexican auto wages the centrepiece […]
In early February the S&P 500 tested its 150-DMA (black circle red line) and then rallied off that support level. Last week the S&P 500 tested its 200-DMA (black circle on blue line) and bounced off that support level. Today, after Monday’s big rally, the S&P gave up much of those gains, and is again […]
Deutsche Bank seeks new CEO as it runs out of quick fixes. Read story The Dow and S&P 500 have already doubled the number of 1% moves seen in all of 2017. Read story A practical guide to how blockchain could end corruption in South Africa. Read story The US needs to borrow $300 billion […]
World stocks bounce on report of US-China trade talks. Read story Mnuchin ‘cautiously hopeful’ US can reach trade deal with China. Read story US is expelling 60 Russian diplomats in solidarity with Britain over nerve agent attack. Read story Stormy Daniels describes her alleged affair with Donald Trump. Read story Facebook scraped calls, text message […]
Investors in crypto currency (CC) are a brave bunch, and are still relatively few in number. CC investor reluctance is based on several fears and misgivings, such as: extreme volatility unknown or unfavourable tax treatment by governments tenuous legality imposed by governments complex access to, & use of, brokerages for CC transactions complexity & lack […]