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  • A guide to momentum trading and indicators

    From cityindex.com

    Momentum trading is a strategy that involves taking a position based on the strength of a market trend. It’s a popular way of trading in volatile markets, as the goal is to find opportunities in short-term trends. Momentum trading follows the premise that if there’s enough force behind a move, it will continue, and once that wanes, the market will reverse. It’s the idea of ‘buying high and selling higher’ – that once a trend gains enough traction, it will continue in the same direction. But it doesn’t always have to be a bullish move, it can apply to falling markets too. Like trend trading, individuals ... (full story)

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    JPMorgan, Morgan Stanley, Others in Talks to Bolster First Republic

    From @DeItaone|Mar 16, 2023|11 comments

    tweet at 10:49am: JPMorgan, Morgan Stanley, Others in Talks to Bolster First Republic, Sources Say -- WSJ $FRC tweet at 10:56am: Breaking: JPMorgan, Morgan Stanley and several other big banks are in talks to aid First Republic Bank. The deal could include a sizable capital infusion to shore up the beleaguered lender. https://t.co/Y7WNBVltWo

    European Central Bank hikes rates despite market mayhem, pledges support if needed

    From cnbc.com|Mar 16, 2023

    The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to supply liquidity to banks if needed, amid recent turmoil in the ...

    Natural Gas Inventory -58 bcf vs -62 bcf Expected

    From streetinsider.com|Mar 16, 2023

    Working gas in storage was 1,972 Bcf as of Friday, March 10, 2023, according to EIA estimates. This represents a net decrease of 58 Bcf from the previous week. Stocks were 521 Bcf ...

    •   Newer Stories
    Yellen says U.S. banking system is ‘stable’ and deposits ‘remain safe’ following failure of SVB,...

    From cnbc.com|Mar 16, 2023|1 comment

    Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed to protecting U.S. bank deposits following the ...

    ECB's Policy Debate Was Between 50-bps-hike or Leaving Rates Unchanged

    From @sevenloI|Mar 16, 2023

    tweet at 11:53am: ECB Policymakers Agreed to Go Ahead with 50 Bps Hike After SNB Threw Lifeline to Credit Suisse: Sources ECB's Policy Debate Was Between 50-bps-hike or Leaving Rates Unchanged; No Discussion of 25 Bps Hike: Sources

    Fed Expected to Hike Rates a Quarter Point Next Week in Economist Survey

    From bnnbloomberg.ca|Mar 16, 2023

    Most economists narrowly expect the Federal Reserve to hike rates next week and nudge its peak interest rate up slightly in a continuing response to high inflation despite ...

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  • Posted: Mar 16, 2023 11:20am
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     Newsstand
    Category: Educational News
    Comments: 0  /  Views: 863
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