Month: October 2019

United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC The strike by General Motors workers has cost about $2 billion through the first four weeks, Bank of America estimated, saying that the beginning of week five means “everyone hurts.” “A prolonged
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JEA received 16 responses to its request for bids from potential buyers of its electric and water systems in northeast Florida. Companies interested in purchasing some or all of the utility’s assets turned in responses to JEA’s invitation to negotiate Sept. 30. JEA expects to release the names of bidders interested in purchasing the utility
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Oscillators are among the most popular technical indicators used by traders. Here to talk about them is trading expert David Jones and he walks us through the way they function and how they should be used. As with all indicators there are many traps and tricks that need to be known to utilise them to
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Puerto Rico has requested and received an additional year from the federal government to submit reconstruction plans as officials prepare for a Supreme Court hearing Tuesday and a congressional hearing the following week on proposed changes to the law that created the island’s Oversight Board. Commonwealth officials filed a request Thursday with the Federal Emergency
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As baby boomers continue to retire and seek shelter within fixed income, new bond products are hard to find that can focus on safety of principal while earning higher effective yield. Passive exchange traded funds continue to gain asset inflows as active managers continue to find it harder to beat their appropriate benchmarks. This is
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Call v. Put Call: -Allows you to buy stock -If you have one call that means you are able to buy that stock at your set price -It has to reach the set price on or before your contract’s expiration -If it doesn’t reach the set price, your contract deteriorates in value and you lose
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The basic building blocks of trading. The first signs of where to buy and sell. Support and Resistance are the two most widely used indications of where to open and close a trade. David is on hand to share his wisdom about them and show you some tips and tricks on how to get the
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If you want a genuine cryptocurrency experience, don’t look to Facebook. The social media giant has lately made headlines around the world for introducing its Libra cryptocurrency and related nonprofit Libra Association. The popular understanding is that Libra is Facebook’s response to Bitcoin, Ether, and other popular crypto coins—it’s a new way to transmit value
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The rampant muni issuance continues even in a holiday-shortened week, as the primary market is expected to see $12.4 billion of issuance, with the calendar made up of mostly taxable deals. Meanwhile, the backdrop for the end of a volatile week on Friday had the secondary getting whacked, with AAA benchmarks showing cuts of up
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In this article, we examine the significant weekly order flow and market structure developments driving GDX price action. As noted in last week’s GDX Weekly, the highest probability path for this week was for price discovery higher within the context of a potentially completed corrective phase from 31s. The primary expectation did not play out,
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