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Dow Jones Technical Analysis: Index Rises In Volatile Session
Article By: Daily Forex
Thursday, July 7, 2022 8:45 AM EDT
The Dow Jones Industrial Average rose slightly during its recent trading at the intraday levels, to achieve gains in a session characterized by volatility by 0.23%, It gained about 69.86 points, to settle at the end of trading at the level of 31,038.
In this article: DIA
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Bull Of The Day: Sysco Corporation
Article By: Benjamin Rains
Thursday, July 7, 2022 8:35 AM EDT
Sysco Corporation is a wholesale food and foodservice powerhouse that services an array of industries. The company boasts a strong history of top and bottom-line growth that was only really disrupted by Covid.
In this article: SYY
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India Implements Single Use Plastic Ban
Article By: ESG Today
Thursday, July 7, 2022 8:31 AM EDT
The Government of India announced the implementation of a ban on a series of single use plastic items, including plates, cups and straws, in an initiative aimed at addressing pollution caused by unmanaged plastic waste.
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Did Oil Prices Start Rising When Biden Started His War On Fossil Fuels
Article By: Menzie Chinn
Thursday, July 7, 2022 8:30 AM EDT
Aside from provision of absolutely no documentation of the allegation, I note that oil prices started rising before Biden’s election. They did rise upon Biden’s election, although one should note that the 10yr-3mo Treasury spread also started rising.
In this article: OIL
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Sensex Ends 428 Points Higher As Banking & Metal Stocks Rally, Tata Steel, L&T Top Gainers
Article By: Equitymaster India
Thursday, July 7, 2022 8:18 AM EDT
At the closing bell, the BSE Sensex stood higher by 428 points (up 0.8%). Meanwhile, the NSE Nifty closed higher by 143 points (up 0.9%).
In this article: INDY, EPI, PIN, INDA
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Monitoring Investment Trends With ETF Pairs
Article By: James Picerno
Thursday, July 7, 2022 8:06 AM EDT
Risk-off sentiment continues to dominate market behavior. In other words, nothing much has changed vs. recent history.
In this article: CPER, USMV, BND, GLD, IEF, IWD, IWF, SPY, TIP, XLP, XLY
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3 Calls For The US Economy As It Heads Toward Recession
Article By: ING Economics
Thursday, July 7, 2022 7:56 AM EDT
The Federal Reserve has made it clear it is prepared to sacrifice growth in order to get a grip on inflation via higher interest rates. We see the clear risks of retrenchment in consumer spending, fueling recession fears.
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Johnson Resigns, But Still Not Clear If He Controls The Timing
Article By: Marc Chandler
Thursday, July 7, 2022 7:52 AM EDT
The resignation of a UK prime minister makes for high political drama, but the markets hardly moved on it. The Sterling, like most of the major currencies, is recovering against the dollar today.
In this article: FXE, FXA, FXB, FXC, FXF, FXY, GLD, IEF, OIL, UNG, UUP
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3 Dividend Kings For Safe Income
Article By: SureDividend
Thursday, July 7, 2022 7:45 AM EDT
The first half of 2022 was the worst first half for the stock market in the last 52 years. During such tumultuous periods, Dividend Kings offer a reliable income stream to investors.
In this article: MO, PG, PH
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Nasdaq: Breakout Or Breakdown?
Video By: Ryan Mallory
Thursday, July 7, 2022 7:41 AM EDT
There is both a bullish wedge and bear flag developing on the QQQ chart. Which pattern should you be watching?
In this video: QQQ Also: AMD, BBY, CI, T, MU, SPY, XLE, XLV, CVNA, U
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Qualcomm: Price Could Rise Towards Its Resistance Level
Article By: AAATrade
Thursday, July 7, 2022 7:24 AM EDT
Qualcomm Inc. is announcing its quarterly earnings and if the market’s anticipation is positive, then we could see its price rising towards its resistance level at around $134.
In this article: QCOM
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Bitcoin Is Back
Article By: Stefan Rust
Thursday, July 7, 2022 7:18 AM EDT
Things are cheap in crypto right now: Bitcoin is back to around $20,000 and gas fees on the Ethereum network are at record lows
In this article: BITCOMP
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The FOMC Minutes Point To High Inflation Taking Root
Article By: JustMarkets
Thursday, July 7, 2022 7:12 AM EDT
Investors looked closely at the Federal Reserve's latest FOMC protocol, which provided new data on the Central Bank's monetary policy and the fight against inflation.
In this article: GLD, OIL, UCO, NDX, SPX, DJI, DAX
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Corporate Bond Issuance Continues To Soften, Can Potentially Impact Buybacks In Coming Quarters
Article By: Paban Pandey
Thursday, July 7, 2022 7:00 AM EDT
Corporate bond issuance is on pace to decline 14.3 percent this year. This comes at a time when corporations have been aggressively buying back shares.
In this article: HYG
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Thoughts For Thursday: Bounce Cat, Bounce!
Article By: TalkMarkets DailyTalk
Thursday, July 7, 2022 6:48 AM EDT
The market managed to close up on a significant bounce in the last 1.5 hours of Wednesday's trading session. Whether it is the sign of a continuing upward trend remains to be seen.
In this article: IWM, UUP, USDU, HEFA Also: GOOG, NFLX, DIA, SPX, DAX
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What’s The AUDNZD Trade Out Of The RBNZ Meeting Next Week?
Article By: Giles Coghlan
Thursday, July 7, 2022 6:30 AM EDT
The trade is to buy AUDNZD if we see a less hawkish RBNZ. This is because markets are already pricing in a lot of interest rate hikes.
In this article: FXA
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