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Historical win rate that has been ignored
Downfall in Wall Street with the FED chair commentsSo far, earnings reports are outstanding, and around 80% of US firms reported better-than-expected earnings. However, inflation concerns are still increasing to change the investors’ focus and ignore...
Oil in the banker's day
Price raise as fears over Russia and Libya increaseWhile today investors will be following the central banks' speakers, news from the Russia-Ukraine conflict with riots in Libya, increasing the concerns about Oil lower supply. Today, Christine L...
IBM Q1 2022 earnings preview
What to expect from one of the most trusted US companies?IBM (NYSE: IBM) to release the Q1 earnings report today, Tuesday, April 19, after market close. The consensus EPS estimate is $1.39, and the consensus revenue estimate is $13.84B - $13.87. The...
Bitcoin still testing Fibonacci 23.6!
Bitcoin fell below $41,450 last week and was unable to retrace back above Fibonacci 23.6. Bulls were unable to wrangle away the control of crypto markets from bears. A glance at the Bitcoin daily chart reveals the bullish trend has reversed. The pric...
Gold and reasons to hold the positions
Gold returned to the soft bullish channel after a sharp fluctuationGold lost momentum after a sharp increase and hit the $,2000, early Tuesday in the Asian trading hours, as US bond yields and Dollar are at a multi-year high. DXY tested above 101-Mar...
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