After yesterday’s “trick,” investors received a “treat” at the end of the trading week, as the stock market regained its footing and bounced back a bit. Even though the October…
We noticed on Thursday evening how poor the internals were for the SPY based on Price Momentum Oscillator (PMO) internals. These internals are the percent of stocks with rising PMOs…
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Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
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Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call suggesting that more cost cuts are coming. “There…
Overall Analysis USD/CHF continued its rally towards the downside, but the price quickly reversed from the support area towards the resistance. In USD/JPY, sellers keep pressuring the market, but buyers…
Overall Analysis Bitcoin fell sharply on 31st Oct from higher levels, indicating profit booking, and missed a time high of just 300 points. The selling trend might go long. Ethereum…
Overall Analysis Oil continues its momentum towards downside with swing creation indicating selling opportunities. Natural Gas is trying to break the selling trend, but 0.5 feb retracement gives strong rejection. …
Following the recent market fluctuations, with a sharp decline and a subsequent rally, it’s crucial to examine these movements’ underlying factors. Utilizing relative rotation graphs (RRGs), we can gain insights…
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned out, S&P was…
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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
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Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company’s…
Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee chain is hoping…