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Article Archive | Page 1016

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GOLD Elliott Wave Technical Analysis

Jul 08, 2015 at 17:03

Yesterday's hourly Elliott wave chart expected an impulse down to end and be followed by another second wave correction to find resistance at the upper edge of a channel. This…

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NYSE President on Outage: 'It Likely Had To Do With An Upgrade'

Jul 08, 2015 at 15:52

Tom Farley, NYSE Group President, spoke with Bloomberg Television's Stephanie Ruhle about the glitches that brought the NYSE trading to a halt for three and half hours. On what led…

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Switzerland Postal Service Tests Drone Package Delivery; Reader Mailbag on Today's Grounding of All United Flights

Jul 08, 2015 at 14:20

This morning reader "PSB" sent me a link to United Airlines Grounds All Flights in the US Over Computer Issues. PSB asked "And how will this be prevented?"…

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Why I am Bearish Long Term on the Nifty?

Jul 08, 2015 at 11:50

First and foremost the Nifty is way overvalued at current levels with a trailing P/E in excess of 23. Have a look at Sanjay Jaiswal's comprehensive P/E computation below…

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Gold's Unsafe Haven and Yen's Comeback

Jul 08, 2015 at 07:54

Gold's accelerating sell-off since June 18 highlights the metal's deteriorating role as a safe haven amid Greece uncertainty as other factors take priority. Oil's 19% decline from its May highs…

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Chinese Stock Market Nosedive Continues; China Warns of Panic, Irrational Selling; Over Half of Companies Halted; Pent-Up Demand to Sell

Jul 08, 2015 at 05:39

Nosedive Panic The crash in Chinese equities continues amid regulators' talk of panic and irrational selling. Ironically, China has banned the use of terms like 'equity disaster' and 'rescue the…

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Don't Panic, Nothing Has Really Changed In The Oil Markets

Jul 08, 2015 at 05:37

Monday's 8% WTI crude decline is setting up a big opportunity for buyers. And there could be more to come. But this is driven by momentum, not by the fundamental…

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GBP/USD - Breaking Support at 1.5488

Jul 08, 2015 at 05:06

GBP/USD has broken support at 1.5488 (15/06/2015 low). Hourly resistance can be found at 1.5930 (18/06/2015 high). We expect the pair to decrease again within the next few days. In…

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Follow the Institutional Investor's 'Core Holdings'

Jul 07, 2015 at 16:30

If you look at the "core holdings" that are owned by Institutional Investors, you get a pretty good idea of what is happening to the stock market. After all, Institutional…

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Can You Imagine The Fed Raising Rates In This World?

Jul 07, 2015 at 16:30

$1.4 trillion of Chinese stocks have stopped trading. Greece is finally imploding. The US trade deficit is widening on falling exports.Copper just fell back to 2009 levels.…