Category: General Market NewsSort
The ECB Talks Negative Interest Rates: Why You Should Be Scared
Today, the European Central Bank broke out the negative interest rate talk. This means the days of banks paying YOU to keep YOUR money are coming to a close. Instead, be ready to start paying the bank to hold your money. Scary thought. Regardless of who is paying whom, the bigger issue is what this says about the European economy. ...
Mobile Payment Stock Alert: NXT-ID (OTCQB: NXTD) Trades Up on Wocket™ Market Opportunity and Comments on Recent Launch of COIN
Inside The Charts: Why Silver And Gold May Go Much Lower
Trading Volume Spells Trouble For Bernanke, Yellen, And The QE Experiment
Today, leading energy stock ConocoPhillips (NYSE:COP) is declining lower at the start of the trading session. The decline is coming after Warren Buffett disclosed that he cut his stake in the energy giant. Short term day traders can watch for intra-day support around the $72.70 level. This is an area on the chart where the stock could see an intra-day bounce. This level is only good for today.
Canadian Solar Inc. (NASDAQ:CSIQ) has run into a major double top from 2010. This is a classic swing trade short as a pull back is now expected. The stock has run from $1.95 to $33.25 in less than a year. This is an epic move of 1600%. A likely pull back target would be $26.00. ...