Wall St rallies as data, RBA move lifts hope of Fed easing

By Herbert Lash, Ankika Biswas and Bansari Mayur Kamdar (Reuters) -The S&P 500 index posted its biggest single-day rally in two years on Tuesday after softer U.S. economic data and Australia’s smaller-than-expected interest rate hike stirred hope for less aggressive tightening by the Federal Reserve. While labor demand remains fairly strong, U.S. job openings fell […]

The RSI – One of the Best Swing Trading Indicators

The RSI Is One of the Best Swing Trading Indicators A while back, I wrote a short how-to article describing how to use swing trading indicators. The one indicator I focused on was the RSI or the Relative Strength Indicator. After I posted the article, I received several questions and comments asking for further examples […]

Dollar slides as U.S. yields ease; euro, sterling jump

By Caroline Valetkevitch NEW YORK (Reuters) – The dollar slid against most major currencies on Tuesday as the yield on the benchmark U.S. 10-year Treasury fell after Australia’s central bank surprised investors with a smaller-than-expected interest rate hike, with the euro climbing more than 1%. The Australian dollar was down 0.2% at $0.6503, dragged down […]

Mexico to extend talks with U.S. over energy, hails ‘productive’ dialogue

By Dave Graham MEXICO CITY (Reuters) – Talks between the United States and Mexico to resolve a dispute over energy policy will extend beyond an initial consultation period as the two sides narrow differences, officials said on Monday. The U.S. Trade Representative (USTR) in July demanded dispute settlement talks on the grounds that Mexican President […]

Day Trading and Swing Trading Tips for Beginners

Adjusting Volatility Is One of the Best Day Trading Tips You Will Get Many traders ask me for good day trading and swing trading tips. I recently discussed the concept of positive expectancy and how you should always maximize your profits and minimize your risk. I also discussed a very important indicator that will help […]

U.S. shale producers to remain on sidelines if OPEC+ cuts output

By Liz Hampton and Arathy Somasekhar (Reuters) -A big oil production cut by OPEC+ members will not spur new U.S. oil and gas production, energy executives told Reuters, despite the likely rise in prices that could signal higher profits and inflation pressures. The Organization of the Petroleum Exporting Countries and its allies, called OPEC+, meets […]

Support And Resistance Trading Tactics

Support And Resistance Trading Methods Work in Range Bound Markets One of the best ways for beginners to get their feet wet is to learn simple support and resistance trading strategies. Often times beginners who know very little about financial markets begin with advanced techniques that can land them in hot water very quickly if […]

MACD Indicator and Center Line Crossovers

Taking Apart the MACD Indicator Today I will focus on the most common way traders utilize the MACD and show you some basic examples so that you can become a bit more familiar with the MACD indicator. From my personal experience I can tell you that many traders find the MACD very complicated and avoid […]

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Wall St rallies as data, RBA move lifts hope of Fed easing

October 4, 2022

By Herbert Lash, Ankika Biswas and Bansari Mayur Kamdar (Reuters) -The S&P 500 index posted its biggest single-day rally in two years on Tuesday after softer U.S. economic data and Australia’s smaller-than-expected interest rate hike stirred hope for less aggressive tightening by the Federal Reserve. While labor demand remains fairly strong, U.S. job openings fell […]
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