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Commodity Market: Pivot Levels for Friday (January 27th 2017)

January 27, 2017 7:18 am
Silver (SI) for March delivery (1 Troy Ounce) R1 – $16.884 R2 – $16.918 R3 (Range Resistance – Sell) – $16.952 R4 (Long Breakout) – $17.054 R5 (Breakout Target 1) – $17.172 R6 (Breakout Target 2) – $17.224 S1 – $16.816 S2 – $16.782 S3 (Range Support – Buy) – $16.748 S4 (Short Breakout) – […] Read more

Western Digital shares gain the most in seven weeks on Wednesday, company’s performance figures top market expectations

January 26, 2017 10:32 am
On January 25th the NASDAQ-listed data storage device producer Western Digital Corporation (WDC) reported better-than-anticipated earnings per share and revenue during the second quarter ended on December 30th, as demand for PC components continued to recover, while more business areas shifted to cloud storage. Western Digital shares registered their largest daily surge since December 7th […] Read more

Major Currency Pairs: Pivot Levels for Thursday (January 26th 2017)

January 26, 2017 7:15 am
USD/CHF R1 – 0.9997 R2 – 1.0002 R3 (Range Resistance – Sell) – 1.0008 R4 (Long Breakout) – 1.0025 R5 (Breakout Target 1) – 1.0045 R6 (Breakout Target 2) – 1.0053 S1 – 0.9985 S2 – 0.9980 S3 (Range Support – Buy) – 0.9974 S4 (Short Breakout) – 0.9957 S5 (Breakout Target 1) – 0.9937 […] Read more

Goldman Sachs shares gain a third straight session on Tuesday, COO Cohn parts ways with holding for a new appointment in Washington

January 25, 2017 9:02 am
Gary Cohn, former President and Chief Operating Officer at Goldman Sachs Group Inc (GS), received $85 million in cash and stock related payments, as he parted ways with the DJIA-featured bank holding to assume a new appointment in the Trump administration. Last month Cohn announced his leave from Goldman Sachs in order to assume the […] Read more

Commodity Market: Pivot Levels for Wednesday (January 25th 2017)

January 25, 2017 7:25 am
Silver (SI) for March delivery (1 Troy Ounce) R1 – $17.211 R2 – $17.237 R3 (Range Resistance – Sell) – $17.263 R4 (Long Breakout) – $17.342 R5 (Breakout Target 1) – $17.433 R6 (Breakout Target 2) – $17.473 S1 – $17.159 S2 – $17.133 S3 (Range Support – Buy) – $17.107 S4 (Short Breakout) – […] Read more

McDonald’s shares fall the most in three weeks on Monday, restaurant sales in the US drop for the first time in six quarters

January 24, 2017 10:57 am
The DJIA-featured McDonald’s Corporation (MCD) reported a decline in sales at its established restaurants in the United States for the first time in the past six quarters, as the chains all-day breakfast innovation faced fierce competition from supermarkets, convenience stores and other food sellers. McDonald’s shares registered their largest daily retreat since January 3rd on […] Read more

Goldman Sachs shares gain a second straight session on Monday, $1 billion countersuit filed against a businessperson from Indonesia

January 24, 2017 8:42 am
On January 24th the DJIA-featured Goldman Sachs Group Inc (GS) filed a $1 billion counter lawsuit against a businessperson from Indonesia, who accused the bank holding of conducting “unlawful” trades in a property firms stock. According to Goldmans statement, the counterclaim was filed in regard to “the reputational damage and negative business impact” the charges […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (January 24th 2017)

January 24, 2017 7:17 am
USD/CHF R1 – 0.9993 R2 – 0.9998 R3 (Range Resistance – Sell) – 1.0003 R4 (Long Breakout) – 1.0119 R5 (Breakout Target 1) – 1.0037 R6 (Breakout Target 2) – 1.0044 S1 – 0.9983 S2 – 0.9978 S3 (Range Support – Buy) – 0.9973 S4 (Short Breakout) – 0.9957 S5 (Breakout Target 1) – 0.9939 […] Read more