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Commodity Market: Pivot Levels for Monday (June 26th 2017)

June 26, 2017 6:59 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.669 R2 – $16.692 R3 (Range Resistance – Sell) – $16.714 R4 (Long Breakout) – $16.782 R5 (Breakout Target 1) – $16.860 R6 (Breakout Target 2) – $16.894 S1 – $16.625 S2 – $16.602 S3 (Range Support – Buy) – $16.580 S4 (Short Breakout) – […] Read more

Major Currency Pairs: Pivot Levels for Friday (June 23rd 2017)

June 23, 2017 8:12 am
USD/CHF R1 – 0.9721 R2 – 0.9724 R3 (Range Resistance – Sell) – 0.9727 R4 (Long Breakout) – 0.9736 R5 (Breakout Target 1) – 0.9747 R6 (Breakout Target 2) – 0.9751 S1 – 0.9715 S2 – 0.9712 S3 (Range Support – Buy) – 0.9709 S4 (Short Breakout) – 0.9700 S5 (Breakout Target 1) – 0.9689 […] Read more

Tesla shares gain for a third session in a row on Thursday, company said to be nearing electric car production in China

June 23, 2017 7:50 am
Tesla Inc (TSLA) was reportedly moving closer to opening a facility for electric vehicle manufacturing in China, as on June 22nd the company said it was in exploratory talks with the municipal government of Shanghai. However, no specific time line for the construction project has been disclosed. By producing electric vehicles on Chinese soil, Tesla […] Read more

Nike shares gain the most in three months on Wednesday, company may soon sell directly on Amazon, Goldman Sachs says

June 22, 2017 10:39 am
According to Goldman Sachs, Nike Inc (NKE) could soon sell directly on Amazon.com Inc. A potential partnership may heighten competition for traditional sporting goods retailers such as Finish Line Inc, Dicks Sporting Goods Inc, Hibbett Sports Inc and Foot Locker Inc. Nike shares registered their largest daily surge since March 23rd during the trading session […] Read more

Commodity Market: Pivot Levels for Thursday (June 22nd 2017)

June 22, 2017 6:22 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.391 R2 – $16.407 R3 (Range Resistance – Sell) – $16.424 R4 (Long Breakout) – $16.473 R5 (Breakout Target 1) – $16.531 R6 (Breakout Target 2) – $16.555 S1 – $16.358 S2 – $16.341 S3 (Range Support – Buy) – $16.325 S4 (Short Breakout) – […] Read more

IBM shares inch up at the close on Tuesday, partnership with Elite Airways extended by IBM’s The Weather Channel

June 21, 2017 11:23 am
According to IBMs The Weather Company, Elite Airways is to continue using its WSI Fusion global tracking and dispatch services. Meanwhile, an aviation product suite, which consists of four products combining proprietary weather-tracking solutions, is to be added as well. IBM shares closed higher for a sixth time in the past nine trading sessions on […] Read more

Adobe shares gain for a third session in a row on Tuesday, second-quarter profit exceeds expectations, current-quarter forecast also tops

June 21, 2017 7:29 am
Adobe Systems Incorporateds (ADBE) second-quarter net income and current-quarter forecast outstripped market expectations as a result of the software producers swift push to the cloud. Creative Cloud, the flagship product of Adobes digital media business, encompasses the Photoshop photo-editing software as well as the Flash web video building application. Adobe shares closed higher for a […] Read more