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Southwest airlines (luv) rides on air travel demand, costs ail
Robust air-travel demand aids Southwest Airlines' (LUV) top-line performance. However, rising fuel costs continue to weigh on the bottom line....
June 13, 2023, 12:18 pm
Germany zew economic sentiment rose to -8.5, but current situation tumbles very sharply
Germany ZEW Economic Sentiment rose slightly from -10.7 to -8.5 in May, above expectation of -14.7. Current Situation index, however, fell “very sha...
June 13, 2023, 10:06 am
Nike reverses course to reestablish wholesale partnerships and expand retail presence
Nike has been steadfast in its commitment to direct-to-consumer (D2C) efforts since 2017, which led to a reduction in its retail partnerships. However...
June 13, 2023, 9:53 am
Cmc markets reports £288 million operating net income, pre tax profit drops to £52.2 million
The basic earnings per share for FY 2023 stood at 14.7 pence, down by 40%. The number of active clients saw a 9% decline on yearly basis at 58,737. Ho...
June 13, 2023, 9:48 am
Aud/usd closes in on april, may highs as buyers seek us cpi approval for a break
This carries over from yesterday's post here and all the points made then are still very much in play in trading today. The pair is still looking pois...
June 13, 2023, 9:18 am
Robinhood reports 8% decline in users and 43% drop in crypto trading volumes in may 2023
Robinhood Markets (Nasdaq: HOOD) witnessed another month of slower demand. The number of funded accounts stayed flat in May, while the active users ba...
June 13, 2023, 8:09 am
Usd attempts to rebound
USD/CHF breaks resistance The Swiss franc weakened across the board as risk appetite picks up. The pair had met stiff selling pressure in the former d...
June 13, 2023, 8:06 am
Usd/cad daily outlook
Daily Pivots: (S1) 1.3327; (P) 1.3356; (R1) 1.3396; More…. Intraday bias remains neutral and USD/CAD’s focus stays on 1.3299 support. On the upsid...
June 13, 2023, 7:35 am
Aud/usd daily report
Daily Pivots: (S1) 0.6731; (P) 0.6752; (R1) 0.6772; More… AUD/USD’s rally from 0.6457 is in progress and intraday bias stays on the upside for 0.6...
June 13, 2023, 7:31 am
Usd/jpy daily outlook
Daily Pivots: (S1) 139.20; (P) 139.48; (R1) 139.90; More… Sideway consolidations continue in USD/JPY and intraday bias remains neutral first. Furthe...
June 13, 2023, 7:27 am
Cmc markets’ fy23 net income follows guidance, profit drops 43%
CMC Markets (LON: CMCX) published its financials for fiscal 2023, ending on March 31, reporting a net income of £288.4 million, in line with the comp...
June 13, 2023, 7:22 am
3 canadian marijuana stocks to add to your trading portfolio
For some time now the cannabis sector has experienced significant volatility, which has affected how most marijuana stocks trade. The sector has also ...
June 13, 2023, 7:00 am
3 small-cap stocks to sell in june before they crash and burn
Small-cap stocks, defined by a market capitalization between $300 million and $2 billion, can tempt investors looking for quick returns. However, thes...
June 13, 2023, 6:30 am
Intraday analysis – usd attempts to rebound
USDCHF breaks resistance The Swiss franc weakened across the board as risk appetite picks up. The pair had met stiff selling pressure in the former da...
June 13, 2023, 6:12 am
Risk-on sentiment dominates, euro jumps as eur/chf takes off
Financial markets are generally leaning towards a risk-on posture, with significant rise in Asia’s Nikkei, following a solid close in the US overnig...
June 13, 2023, 5:14 am
Benchmark electronics: supply chain improvements needed to drive cash flow generation
Benchmark Electronics' valuation remains strong, with earnings, sales, and assets trading at significant discounts compared to the sector average. Q1 ...
June 13, 2023, 5:06 am
Xrp and $0.60 in the hands of the hinman speech-related documents
XRP was back in the red today. However, the SEC will release unredacted versions of the Hinman doc that could blow the SEC v Ripple case wide open. Th...
June 13, 2023, 2:32 am
Harnessing the power of long-term technical analysis
Bear markets are brutal for investors. However, savvy investors can turn crisis into opportunity using this long-term signal to gain an edge....
June 13, 2023, 2:00 am
Former dallas fed pres kaplan says fomc 'hawkish pause' in june, july hike is open
Robert Kaplan was President of the Dallas Federal Reserve branch. He resigned in September 2021 amidst a trading controversy.However, he was the first...
June 13, 2023, 1:53 am
Aud/usd and nzd/usd fundamental analysis: bulls eye soft us cpi report
It is a busy morning for the AUD/USD, with business and consumer confidence in focus. However, the US CPI Report will be the main report of the day. T...
June 13, 2023, 12:23 am