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Constellation Brands: Expected To Continue Its Upward Trend
Article By:
AAATrade
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Monday, June 27, 2022 8:50 AM EDT
Constellation Brands is announcing its quarterly earnings this week, and if the market’s anticipation will be positive then we should expect its upward trend to be continued otherwise it should fall back to its support level at around $235.
In this article: STZ
Bitcoin Holds Above $20K
Article By:
Simon Peters
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Monday, June 27, 2022 8:30 AM EDT
Bitcoin, the world’s largest cryptoasset, has seen its price hold above the $20,000 price level in the past week, halting the slides of previous weeks. It’s too early to say if bitcoin has stabilized at the $20K level.
No, Fed: Supply Construction, Not Demand Destruction
Article By:
Seth Levine
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Monday, June 27, 2022 6:00 AM EDT
Few realize that the Fed’s errors stem from a poorly constructed view of money that is shared, even by its critics. This perspective leads to absurd conclusions like the Fed must destroy demand in order to combat today’s rising prices. Wait, what?!
The Commodities Feed: Macro Vs Fundamentals
Article By:
ING Economics
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Monday, June 27, 2022 5:30 AM EDT
Oil prices had their worst week since early April, with ICE Brent falling more than 7% over the last week. Concern over the macro outlook has weighed heavily on the oil market, despite fundamentals remaining constructive.
In this article: GLD, JJC (RETIRED), OIL
The Neobank Era Is Just Beginning
Article By:
Chris Skinner
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Monday, June 27, 2022 5:00 AM EDT
The 10 leading neobanks in the US grew by a little more than 10 million accounts in 2021, from 23.3 million to 33.5 million, according to Cornerstone Advisors.
Equity Bulls Put Foot Down At Or Near Support
Article By:
Paban Pandey
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Monday, June 27, 2022 4:30 AM EDT
After a slight breach of support in the week before, both small- and large-cap bulls put their foot down last week. This came after weeks of selling pressure. There is more room to run. Non-commercials are aggressively short and can unwillingly help.
Daily Stock Analysis: Big 5 Sporting Goods Corp
Article By:
Fredrik Arnold
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Monday, June 27, 2022 4:00 AM EDT
Big 5 Sporting Goods Corp is a specialty retailer which sells sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment.
In this article: BGFV
Euro Eyes ECB Forum As Russia Default Leaves Risk Appetite Intact
Article By:
DailyFX
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Monday, June 27, 2022 3:30 AM EDT
The Euro has continued to hold ground with the markets cheery attitude to risk assets rolling into a new week. Although equities had a good day, the growth linked AUD and NZD were slightly softer while gold was trading near US$ 1,835 an ounce.
FX Daily: When Bad News Is Good News
Article By:
ING Economics
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Monday, June 27, 2022 3:09 AM EDT
Global equity markets are putting in a little run of gains. The positive story seems to be that Fed Chair Powell's admission last week of the risk of recession means that global monetary tightening may not be as sharp as expected.
Economic Data Forecasts For The Weeks Of June 27 And July 4
Article By:
Peter Morici
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Monday, June 27, 2022 12:45 AM EDT
Predicting some numbers for upcoming data releases.
