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US stocks close higher on the day

US stocks close higher on the day

The major US stock indices moved higher today with the Russell 2000 leading the way with a gain of 1.65%. The NASDAQ index lags with a small 0.03% rise for the day.The final numbers are showing:Dow industrial average +461.88 points or 1.06% at 43870.35.S&P index...

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Economic calendar in Asia – Japan CPI day

Economic calendar in Asia – Japan CPI day

The Bank of Japan next meet on December 18-19. Today's CPI data from Japan is the final national reading ahead of that meeting. Bank of Japan Governor Ueda spoke yesterday, he didn't give too much away on the 'hike or no hike' question at that meetings:The Tokyo...

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Crude oil settles at $70.10

Crude oil settles at $70.10

The price of crude oil is settling up $1.35 or 1.96% and $70.10. The high price today reached $70.38 while the low price was at $68.86.Technically, the price bounced off the 100 hour MA on the dip yesterday. That gave the buyers the go-ahead to push the price higher....

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Is today the day for Bitcoin 100K? Just $1500 away now

Is today the day for Bitcoin 100K? Just $1500 away now

The price of bitcoin is stretching to a new high of $98,508 - less than $1500 from the "BITCOIN 100K" hats and t-shirts from coming out . The price moved above $90,000 for the first time back on November 12 (10 days ago). That sounds amazing, but it only took two days...

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Age of AI: Nvidia’s Explosive Earnings

Age of AI: Nvidia’s Explosive Earnings

Nvidia, the world’s largest publicly traded company by market capitalisation, reported its Q3 earnings after the market close on Wednesday. The company posted impressive growth, surpassing expectations for both sales and earnings while also offering...

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USDCAD breaks below a cluster of technical levels

USDCAD breaks below a cluster of technical levels

The USDCAD is moving lower and in the process has broken below a cluster of technical levels including:Upward sloping trendline on the hourly char at 1.3958.100 bar moving average on the 4-hour chart at 1.39506The low of a swing area down to 1.3945.The downside...

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