102898530 377tkr
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MACRO
Fed Leaders Pledge Tough Fight to Keep Inflation Credibility
Federal Reserve leaders pledged the central bank would continue an aggressive fight to cool an inflation rate that's at a four-decade high, even if higher rates cause the risk of recession. Fed Bank St. Louis President James Bullard said he favors a strategy of "front-loading" big interest-rate hikes, and he wants to end the year at 3.75% to 4%....
Fed Leaders Pledge Tough Fight to Keep Inflation Credibility
Federal Reserve leaders pledged the central bank would continue an aggressive fight to cool an inflation rate that's at a four-decade high, even if higher rates cause the risk of recession. Fed Bank St. Louis President James Bullard said he favors a strategy of "front-loading" big interest-rate hikes, and he wants to end the year at 3.75% to 4%....
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102898530 377tkr
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Weekly market recap
The overnight action followed another disappointing week for investors as the major averages suffered modest losses. The blue-chip $Dow Jones Industrial Average (.DJI.US)$ fell 0.9% for its ninth negative week in 10, while the $S&P 500 Index (.SPX.US)$ and the $Nasdaq Composite Index (.IXIC.US)$ lost 1.2% and 1%, respectively, last week for their eighth losing week in nine.
The stock market has had a volatile year with the maj...
The overnight action followed another disappointing week for investors as the major averages suffered modest losses. The blue-chip $Dow Jones Industrial Average (.DJI.US)$ fell 0.9% for its ninth negative week in 10, while the $S&P 500 Index (.SPX.US)$ and the $Nasdaq Composite Index (.IXIC.US)$ lost 1.2% and 1%, respectively, last week for their eighth losing week in nine.
The stock market has had a volatile year with the maj...
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102898530 377tkr
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watching to see how if the stock holds above the 200EMA... immediate resistance in the 0.73 area where a gap waits to be filled.. above that we have 0.75 & then 0.78
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