U.S. stock indexes gave up some of their recent gains Monday, pulling the S&P 500 slightly below the record high it hit last week.
Benchmark U.S. crude oil for May delivery rose 38 cents to $59.70 a barrel Monday. Brent crude oil for June delivery rose 33 cents to $63.28 a barrel.
Keep your eye on the ball. Just because the GDX ETF went up last week doesn’t mean that it’s in an uptrend. Corrections are part of the game.
Based on Elliott Wave model, we see USDCAD in a recovery mode, with room for more upside if OIL breaks below the support.
BANGKOK (AP) — Asian shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway.
Of all the precious metals, MCA believes that Platinum is the pick of the litter.
The uptrend may be expected to continue, while market is trading above support level 1.1833, which will be followed by reaching resistance level 1.2011 and if it keeps on moving up above that level, we...
Wall Street capped another week of gains with more milestones Friday, as strength in technology and health care stocks helped push the S&P 500 and Dow Jones Industrial Average to all-time highs.
Benchmark U.S. crude oil for May delivery fell 28 cents to $59.32 a barrel Friday. Brent crude oil for June delivery fell 25 cents to $62.95 a barrel.
In keeping with its historical performance, April has started off white-hot. We ended March, and Q1 for that matter, with more questions than answers.
Brace yourselves, inflation is coming! Importantly, not only grumblers such as myself are talking about rising prices right now, but even the Fed officials themselves admitted that inflation will jump...
BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation.
Benchmark U.S. crude oil for May delivery fell 17 cents to $59.60 a barrel Thursday. Brent crude oil for June delivery rose 4 cents to $63.20 a barrel.
It’s tempting to say that miners are showing strength compared to gold based on the GDX’s performance, but other mining proxies say otherwise.
The March nonfarm payrolls were surprisingly strong. If the current favorable trend in the U.S. labor market continues, gold may struggle.
EURGBP could have a completed three-wave A)-B)-C) corrective decline, which means that we can now expect a bigger recovery.
The USDCAD is consolidating going into today's European morning, continuing an effort to form a higher April low versus the March low. Significantly, the USDCAD is retesting downchannel resistance (on...
BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after a mixed close on Wall Street, where gains for several Big Tech stocks nudged the S&P 500 to a second record high in three days.
Benchmark U.S. crude oil for May delivery rose 44 cents to $59.77 a barrel Wednesday. Brent crude oil for June delivery rose 42 cents to $63.16 a barrel.