Editor's Picks

The zone for SPY between 375 and 380 is pretty thick. I also find the same profile study for XLF to be interesting, since it has a much thicker wall of resistance:

Trading at barely 7x this year's earnings per share guidance and with a 5.8% dividend yield, WBA looks like a steal Near-term investments are pressuring profit: if Walgreens can deliver on growth...

Monday was a dramatic day for currency traders, when Britain's new Chancellor of the Exchequer, Jeremy Hunt scrapped much of Prime Minister Liz Truss's earlier fiscal measures, explaining that it is...

Two defensive sectors had performed better than the broad equity market But recently endured significant selling pressure Important signals might be visible in sector rotation Washout in market...

Arabica coffee down 12% so far for Oct, the most since 13% drop in Sept 2020 Brazil has harvested too much and more beans could be coming ahead of La Nina $1.90 might be a support, otherwise low of...

UK shows fiscal malfeasance can be even worse than monetary policy mistakes Focus shifts to Fed as high U.S. CPI affirms strong rate hike Political vacuum limits initiatives as U.S. absorbed in...

Many investors wonder if the recent rally has legs, with the S&P 500 down 25% YTD. Unfortunately, only time will tell if yesterday’s rally is a dead cat bounce or a more sustainable...

The UK has been the epicenter of market volatility this week, primarily for reasons unrelated, or at least tangential, to traditional economic data. With rumors about cabinet resignations swirling,...