Month: October 2019

In today’s video David Jones will be talking about one of the worst trading scenarios and that is the False Breakout. Textbooks say that if a trend line breaks, then that’s it – another direction is certain. Well, that’s not exactly true. Patience is key. Making the decisions in the right time at the right
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The U.K.’s IG began life as a spread betting shop in 1974 and has grown into a financial powerhouse in recent decades, adding contracts for difference (CFD) and traditional shares to its core trading operations. IG now boasts more than 195,000 clients worldwide, with net global trading revenues of nearly $750 million and offices in
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The House of Representatives has voted to start a public phase in the impeachment inquiry, setting the stage for dramatic open hearings about President Donald Trump’s efforts to pressure his Ukrainian counterpart to investigate political opponents.  The measure passed 232-196, supported by all but two Democrats and opposed from almost all 197 Republicans. It paves the
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Apple CEO Tim Cook Spencer Platt | Getty Images Apple on Wednesday evening reported stronger-than-expected earnings for the fourth quarter and analysts mostly put out glowing reviews. Yet the stock is barely higher Thursday morning. That’s because of a report on Thursday revealed China is doubtful about reaching a comprehensive long-term trade deal with the
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What Happened Apple released earnings after markets closed on October 30th, 2019. It posted earnings of $3.03 a share. This beat consensus earnings estimates, and the company also slightly topped revenue estimates. Apple’s pivot to services seems to be progressing, albeit slowly. While product revenue was slightly down from this quarter last year, services revenue
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Jeremy Corbyn, the Labour leader, will set the tone of his election campaign on Thursday with a direct attack on “the privileged few” who benefit from a “corrupt system”, naming individual millionaires whom the UK opposition party wants to target. Mr Corbyn will promise to “go after” the Duke of Westminster, the landowner, Mike Ashley, the retail
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Ripple has invested in a $2.2 million USD seed funding round by London-based cybersecurity startup Keyless via its investing division, Xpring. Keyless claims to be the first company in the world to combine biometrics with secure multi-party computation. Xpring was launched in 2018 with the intention of enabling the Internet of Value, an online ecosystem allowing for
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View Bitcoin looks set to post the first monthly gain since June. The percentage rise, however, may be less than 10 percent as the daily chart is reporting signs of buyer exhaustion. A triangle breakdown on the hourly chart, if confirmed, could yield a pullback to support at $8,820. A high-volume contracting triangle breakout will
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The fate of Illinois Gov. J.B. Pritzker’s proposed public safety pension fund consolidation and two state law changes pursued by Chicago Mayor Lori Lightfoot won’t be settled until the second half of the Illinois General Assembly’s fall veto session. The legislature wrapped up the first three-day session Wednesday and will reconvene for a three-day session
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In the current uncertain economic times, it makes sense for investors to consider buying high-quality dividend-paying stocks which can not only withstand a downturn but also generate enough profits and cash flows to continue rewarding investors with dividends. The Fidelity High Dividend ETF (FDVV) gives investors exposure to a number of such stocks and it
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This is why do 90% of stock traders fail or lose money. You need to be aware of these things so you can avoid repeating the same mistakes over and over again. #stocktraders #tradinglosers #losertrader #badtrader #stockmarket #tradinglosses Posted at: https://tradersfly.com/blog/traders-fail-or-lose-money/ 🔥 GET MY FREEBIES https://tradersfly.com/go/freebies/ 🎤 SUBMIT A VOICE QUESTION Question – Hungry for
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The difference between the buy and sell price (also known as bid and ask) is one of those things that mystifies newbies. We’re not used to having two prices for the same thing when we go to a store or shop online. This video explains in detail what they mean and why it’s there in
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Value at Risk (VaR) is one of the most widely known measurements for risk assessment and risk management. The goal of risk management is to identify and understand exposures to risk, to measure that risk, and then apply the knowledge to address those risks. Value at Risk (VaR) Explained The VaR measurement shows a normal distribution
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FT subscribers can click here to receive FirstFT every day by email. President Sebastián Piñera announced on Wednesday that Chile would no longer host next month’s summit of leaders from the Asia-Pacific region, disrupting plans by Donald Trump and Xi Jinping to sign a trade war truce at the gathering.  The Chilean president was forced to cancel the
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Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory. Alwyn Scott | Reuters General Electric continues to burn cash at its aviation business, as the grounding of Boeing’s top-selling 737 Max caused GE to delay production of engines for the aircraft. This year, GE has logged significant working capital
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Deutsche Bank’s fixed income trading unit trailed well behind rivals during the third quarter in the latest sign of the steep hurdles Germany’s biggest lender faces in its efforts to turn round the fortunes of its investment bank. Revenue in fixed income trading — by far the biggest remaining unit of Deutsche’s downsized investment bank
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Chinese state-owned media are attempting to quell the rush into crypto stocks following President Xi’s statement to “seize the opportunity” afforded by blockchain. State-backed agencies are publishing material meant to encourage “rational” investments, amid this surge in speculation in blockchain and fintech firms, Reuters reported Tuesday. On Monday, over 100 public fintech companies – tied
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Bitcoin (BTC) has made some serious upward movement in the last few days. In less than 24 hours, the world’s largest cryptocurrency shot up over 40% to $10,350, having traded as low as $7,300 the previous day. The undoubtedly bullish movement represented BTC’s fourth-largest single day movement ever, and the biggest since 2011. However, some
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Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized finance (DeFi) ecosystem. Ledn co-founder Mauricio Di Bartolomeo, a Venezuelan expat, told CoinDesk this new partnership with stablecoin promoter MakerDAO was driven by customer demand. Out of “thousands” of users, more than half of Ledn’s
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A customer browses the Mattel Barbie dolls section of a now closed Toys ‘R’ Us store. Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Mattel spiked more than 12% during extended trading after the company announced that its audit committee completed its independent investigation into
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