GE closes below $20, capping longest daily losing streak since 2009

GE closes below $20  GE fell again today (-0.4%) for the ninth straight session, its worst losing streak in eight years, and the stock’s first close below $20 since July 2012. GE closes below $20, capping longest daily losing streak since 2009 While some analysts once believed ~$20 might make a buying level for investors to consider,
Complete Reading

America Movil  Mexico’s telecom regulator says that America Movil (AMX +0.6%) can again charge competitors for completing mobile calls to its network, starting Jan. 1. America Movil can charge rivals to connect calls The company had been barred from such payments (while rivals such as AT&T (T -1.1%) and Telefonica (TEF +0.1%) could keep charging on their own part) due
Complete Reading

S&P 500 and NASDAQ 100 Forecast November 3, 2017 The S&P 500 fell initially during the trading session on Thursday, breaking down to the 2565 handle. At this point though, I think that we will probably see buyers return to the market, mainly because the jobs number should give us an opportunity to ride the
Complete Reading

EUR/USD and GBP/USD Forecast November 3, 2017 The EUR/USD pair rallied a bit during the day on Thursday, reaching towards the 1.17 handle. However, this was the neckline from a significant head and shoulders on the daily chart, so I anticipate that there will be selling in this general vicinity. With today being the jobs
Complete Reading

WTI Crude Oil and Natural Gas Forecast November 3, 2017 The WTI Crude Oil market initially fell during the trading session on Thursday, but found support underneath to turn around and form a positive candle. The $55 level above has been rather resistive, so I think we need to wait until the jobs number comes
Complete Reading

Create Account



Log In Your Account