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The Word Is: The Bears Are Back in the Markets
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By rosered44
Do you buy it?
The markets are holding very well despite the North Korea fiasco. Nothing really can rattle the markets at this moment. Maybe, and just maybe, September is not as scary as what people think it would be.
How could a company go so wrong so quickly? From money scandals to discrimination on women, Uber has never failed to give us the negative news about its company for months. The ousted Uber CEO is now being sued for fraud by its most important investors. For Kalanick, the…
Overview Technical Analysis and Forecast During the overnight sessions, the SP 500 FUTURES were flat. It was unable to break through the resistance zone of 4,224 to 4,230. When the US market opened, it began to fall. It eventually closed at the low of the day. The Renko chart’s technical…
The IBM stock price has plunged 20% since the beginning of the year. It’s up almost 10% today after the upbeat earning results. Since August this year, the stocks have trimmed almost 1/2 of its losses. The reversal is quite impressive. However, has IBM turned the corner? With rising debt,…