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IBM Fell Short of Revenue Estimates, Stock ...

Jul 18, 2017Comments off

International Business Machines Corp. posted a lower-than-expected quarterly revenue however, it managed to beat earnings estimates. IBM stock fell 2.5 percent on Tuesday. Growth in

Wall Street Mostly Higher as Nasdaq Ends at...

Jul 18, 2017Comments off

U.S. equities finished mostly higher on Tuesday as investors priced in more corporate quarterly reports. The Nasdaq reported its eighth session in a row of

European Stocks Drop as Euro Firms, Miners ...

Jul 18, 2017Comments off

European stocks fell the most in July, while investors placed wagers that a stronger currency will weigh on exporters’ earnings, as miners broke a six-day

Wall Street Banks And Household Brands Repo...

Jul 18, 2017Comments off

Shutterstock photo As expected, a plethora of earnings reports have hit the tape this morning, including more of the bigger Wall Street banks and other

4 Reasons Oil Will Rally Back To $50

Jul 18, 2017Comments off

Shutterstock photo “I think there is a high probability that we could see [WTI] rallying back to $50,” Bob Parker, member of the investment committee

Calling for Market Top Within The Next Thre...

Jul 18, 2017Comments off

Shutterstock photo By Avi Gilburt, ElliottWaveTrader.net Last week, I noted: “As long as last week’s low is not broken, the market still has a set

Crude Prices Supported by Strong Demand

Jul 17, 2017Comments off

Oil prices were stable, helped by solid consumption but pressured by the still elevated supplies from OPEC members and also the U.S. The international benchmark

Australian Central Bank Not Taking Peers...

Jul 17, 2017Comments off

The Reserve Bank of Australia indicated that it is not prepared to join global counterparts in unwinding policy stimulus. The outlook for property and employment

Toshiba Shares Rally after Greenlight Inves...

Jul 17, 2017Comments off

Toshiba Corp. shares edged up after U.S. hedge fund Greenlight Capital announced it had added a stake in the Japanese conglomerate and after Western Digital

Gold Prices Steady as Uncertain Outlook on ...

Jul 17, 2017Comments off

Gold prices were steady on Tuesday near two-week peaks touched in the session earlier, while the dollar wavered near multi-month lows on dim prospects for