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Commodity Market: Pivot Levels for Friday (March 10th 2017)

March 10, 2017 7:03 am
Silver (SI) for May delivery (1 Troy Ounce) R1 – $17.069 R2 – $17.101 R3 (Range Resistance – Sell) – $17.134 R4 (Long Breakout) – $17.231 R5 (Breakout Target 1) – $17.345 R6 (Breakout Target 2) – $17.393 S1 – $17.003 S2 – $16.971 S3 (Range Support – Buy) – $16.938 S4 (Short Breakout) – […] Read more

Urban Outfitters shares retreat a fourth straight session on Wednesday, retailer’s Q4 EPS fall short of expectations

March 9, 2017 8:27 am
On March 8th Urban Outfitters Inc (URBN) reported lower-than-anticipated earnings per share during the quarter ended on December 30th, while its comparable sales were flat. Urban Outfitters shares closed lower for a fourth straight trading session on Wednesday. The stock went down 2.60% ($0.66) to $24.75, after touching an intraday low at $22.87, or a […] Read more

Citigroup shares close higher on Tuesday, holding expects a “low double-digit” growth in Q1 trading revenue

March 8, 2017 9:30 am
According to a March 7th statement by John Gerspach, Citigroup Incs Chief Financial Officer, the financial holding projects that trading revenue will probably register a “low double-digit” growth during the first quarter compared to the same period a year ago. Citigroup shares closed higher on Tuesday, while marking their fourth gain in the past eight […] Read more

Hewlett Packard shares fall the most in a week on Tuesday, tech giant to acquire Nimble Storage for $1.09 billion

March 8, 2017 8:36 am
Hewlett Packard Enterprise Co (HPE) was reported to be planning the acquisition of data storage provider Nimble Storage Inc in order to firm its presence in the flash storage business. The deal, estimated to $1.09 billion, was based on Nimble Storages 87.5 million outstanding shares as of November 30th, Reuters reported. Hewlett Packard shares registered […] Read more

Major Currency Pairs: Pivot Levels for Wednesday (March 8th 2017)

March 8, 2017 7:03 am
USD/CHF R1 – 1.0137 R2 – 1.0143 R3 (Range Resistance – Sell) – 1.0149 R4 (Long Breakout) – 1.0167 R5 (Breakout Target 1) – 1.0188 R6 (Breakout Target 2) – 1.0196 S1 – 1.0125 S2 – 1.0119 S3 (Range Support – Buy) – 1.0113 S4 (Short Breakout) – 1.0095 S5 (Breakout Target 1) – 1.0074 […] Read more

Lockheed Martin shares close higher on Friday, company in talks with several European countries over potential F-35 orders

March 6, 2017 10:16 am
According to a March 3rd statement by Lockheed Martin Corporation (LMT), it is currently in discussions with the Swiss, the Belgian and the Spanish governments in regard to potential orders of the companys F-35 fighter aircraft. Luring new clients is a step towards a considerable cost reduction of Lockheeds military jets, following several production delays. […] Read more