The Japanese Yen ended the day lower against the greenback and British Pound but rallied against the rest of the majors, as the markets remain jittery.
Results 1 - 10 of 243 for "UPSIDE"
Japanese Yen: Still Mixed Across the Majors, Upside Risk Remains for the Low-Yielder
Thu, Aug 14, 11:21 PM ET
Swamped at work today, so this will be a quick one. I'll be using the daily chart.notice the following:-- The uptrend that started in mid-July is still intact.-- The 10 and 20 day SMA are still rising-- The 10 day SMA is higher than the 20 day SMA-- The 10 day SMA is approaching the 50 day SMA-- Prices are still around the 50 day SMA level. That's a crucial hurdle for the market to overcome if ...
Rebecca Engmann Darst contributed to this report.Watson Pharmaceuticals (WPI) – Yesterday we seized upon a 14-fold increase in option trading volume in Watson Pharmaceuticals that had a whiff of deal jockeying to it. The company has previously moved on diffuse takeover chatter (most recently on July 21), and we noted a 77% increase in call open interest over the past month as indication o...
Lavonne Kuykendall reports: As banks step forward to help customers whose savings are trapped in illiquid debt securities, bond insurers that provided payment guarantees on the bonds could see some upside. Depending on how banks manage the buyouts, “you could see some upside and some temporary and maybe permanent relief,” that could benefit insurers as well as the banks, said Timoth...
I am either in these stocks or am watching them very closely for further upside this afternoon.
After a negative start, stocks regroup and are building on gains following discouraging inflation, housing and employment data.
With the rapid strengthening of the US Dollar Index, that means that many other currences that comprise the index have been plunging in value. Let’s take a special look at the British Dollar and how spectacular that movement was. British Pound (Currency iShares) FXB: I chose to use the iShares chart rather than the British Pound Index ($XBP) so we could discuss volume implications. Noti...
Corning (GLW) shares are under pressure this morning after ThinkPanmure analyst Vijay Rakesh this morning cut his EPS estimate on the company, citing ongoing weakness in the U.S. television market. “Our checks through the electronic retail outlets indicate TV sales continue to decline despite Street expectations that August sales could stabilize,” he writes in a research note this m...
The P&F chart is very revealing. Looking carefully at the rally that led to the recent top in oil prices we see a clear pattern of rising bottoms and tops. Prices continually broke through key levels of upside resistance and then moved lower, consolidating gains.Now look at the the last three columns. Notice we may be in a period where the market makes lower lows and lower highs -- a bear m...
Wal-Mart beats. Wal-Mart's net income rose 17% to $3.5B, as sales grew 10% (see below). "We have improved customer traffic and ticket and overall sales growth in our markets," CEO Lee Scott said, but noted "inflation and higher fuel costs are pressuring suppliers, retailers and customers worldwide." Shares of Wal-Mart are up 22% YTD as a cash-strapped U.S. consumer turns increasingly to discou...