Tag: Day

Expectations vs. Reality on FOMC Announcement Day

The latest FOMC Announcement was issued on Wednesday, November 2nd. Coming directly on the heels of the Third-Quarter GDP numbers, the Federal Open Market Committee’s rate decision and the subsequent press conference were...

Welcome to Fed day

<p style="" class="text-align-justify">The market continues to chop around on the week as all the focus and attention stays on the FOMC meeting later today. It is one of the most anticipated decisions this...

Major US indices close near the highs for the day.

The major US indices are closing near the high for the day and ending a solid week with the Dow industrial average leading the way. The Dow is on track for the best...

GBPUSD trades to new highs for the day as the clock ticks to the close

The GBPUSD is moving higher and looking to go out for the day near the highs. The high price has reached 1.16226. That is within 8 pips of the downward sloping trend line...

Doge up over 13% on hopes that Musk will save the day. To the moon!

The Musk takeover of Twitter has the crypto crowd excited. Especially, the Doge traders.Recall, Musk announced in May that Tesla and SpaceX merchandise could be purchased with Doge. If Musk is still...

Dow tests 200 day MA. 50% of the 2022 range is also being approached

<p>The Dow industrial average is leading the way today with a 540 point rise or 1.7%. The current prices trading at 32573.46. The high price reached 32661.74.</p><p>Looking at the daily chart, the high...

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