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Commodity Market: Pivot Levels for Monday (March 6th 2017)

March 5, 2017 2:06 pm
Silver (SI) for May delivery (1 Troy Ounce) R1 – $17.772 R2 – $17.804 R3 (Range Resistance – Sell) – $17.836 R4 (Long Breakout) – $17.933 R5 (Breakout Target 1) – $18.045 R6 (Breakout Target 2) – $18.092 S1 – $17.708 S2 – $17.676 S3 (Range Support – Buy) – $17.644 S4 (Short Breakout) – […] Read more

Major Currency Pairs: Pivot Levels for Friday (March 3rd 2017)

March 3, 2017 7:55 am
USD/CHF R1 – 1.0141 R2 – 1.0147 R3 (Range Resistance – Sell) – 1.0152 R4 (Long Breakout) – 1.0170 R5 (Breakout Target 1) – 1.0190 R6 (Breakout Target 2) – 1.0198 S1 – 1.0129 S2 – 1.0123 S3 (Range Support – Buy) – 1.0118 S4 (Short Breakout) – 1.0100 S5 (Breakout Target 1) – 1.0080 […] Read more

PepsiCo shares close higher on Wednesday, company to reduce workforce in Philadelphia

March 2, 2017 10:01 am
On March 1st it became clear that PepsiCo Inc (PEP) intended to reduce its workforce in Philadelphia by 80 to 100, as the new sugar-sweetened beverage tax in the region adversely affected demand for the companys products. 423 persons are currently employed with PepsiCo at 3 locations in Philadelphia. PepsiCo shares closed higher during Wednesdays […] Read more

Wells Fargo shares gain the most in five weeks on Wednesday, a larger number of clients may be affected by sales scandal, filing reveals

March 2, 2017 7:47 am
According to a March 1st regulatory filing by Wells Fargo & Company (WFC), a larger number of clients may have been impacted by last years sales scandal than previously claimed. Up to 2.1 million clients may have found themselves having deposit and credit card accounts created in their names without authorization during the course of […] Read more

Valeant shares retreat the most in 16 weeks on Tuesday, company’s quarterly net loss increases, EPS top expectations

March 1, 2017 8:56 am
On February 28th Valeant Pharmaceuticals International Inc (VRX) reported an increase in its net loss during the quarter ended on December 30th. At the same time, the companys earnings per share, excluding special items, topped market consensus, supported by a strong performance in its Bausch and Lomb eyecare business as well as by lower general […] Read more

Major Currency Pairs: Pivot Levels for Wednesday (March 1st 2017)

March 1, 2017 7:03 am
USD/CHF R1 – 1.0051 R2 – 1.0059 R3 (Range Resistance – Sell) – 1.0068 R4 (Long Breakout) – 1.0094 R5 (Breakout Target 1) – 1.0124 R6 (Breakout Target 2) – 1.0136 S1 – 1.0033 S2 – 1.0025 S3 (Range Support – Buy) – 1.0016 S4 (Short Breakout) – 0.9990 S5 (Breakout Target 1) – 0.9960 […] Read more

Morgan Stanley shares close higher on Monday, holding provides incorrect tax information to a contingent of customers

February 28, 2017 10:15 am
According to a February 27th regulatory filing, a “significant number” of Morgan Stanleys 3.5 million wealth-management customers were provided with incorrect tax information, which led to some of them underpaying, while others – overpaying. Morgan Stanley shares closed higher on Monday, while marking their fourth gain in the past six trading sessions. The stock went […] Read more

Commodity Market: Pivot Levels for Tuesday (February 28th 2017)

February 28, 2017 7:05 am
Silver (SI) for May delivery (1 Troy Ounce) R1 – $18.442 R2 – $18.467 R3 (Range Resistance – Sell) – $18.493 R4 (Long Breakout) – $18.568 R5 (Breakout Target 1) – $18.657 R6 (Breakout Target 2) – $18.694 S1 – $18.392 S2 – $18.367 S3 (Range Support – Buy) – $18.341 S4 (Short Breakout) – […] Read more