Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.…
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Honda and Nissan officially begin merger talks to create world’s third-largest automaker
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Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a news conference on Monday, Honda CEO Toshihiro Mibe said the…
When quickly glancing at the StockCharts Technical Rank (SCTR) Reports Dashboard panel, one stock that popped up on Monday, albiet briefly, was Meta Platforms, Inc. (META). The stock has a…
In today’s free DecisionPoint Trading Room Carl discusses volume spikes and how we have to analyze big volume spikes carefully to determine whether they express a confirmation of a move…
I had no idea the Fed could be such expert wafflers. But, as each month passes, it’s becoming clearer. The overall stock market trend, despite all the back-and-forth, yo-yo Fed…
Netflix on Friday announced it has secured exclusive rights in the U.S. to the FIFA Women’s World Cup in 2027 and 2031. The announcement comes just days before Netflix will stream its first ever National…
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Week Ahead: NIFTY’s Behavior Against This Level To Influence Trends For The Coming Weeks
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After staying in the green following a sharp rebound the week before this one, the markets finally succumbed to selling pressure after failing to cross above crucial resistance levels. The…
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CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle
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The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own. According to…
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN report. CEO Barry Litwin told corporate employees in…
A smart investor listens to the stock market and this week’s stock market action was a perfect example of why this is important. It was a roller-coaster week in the…