Categories Finance

Mixed end to the day for the major indices

The major US stock indices are closing the day with mixed results. It was triple witching hour so there was some end-of-day volatility, that could have impacted the price action. At the ending bell, the Dow industrial average is closing higher. The broader S&P and NASDAQ indices are…

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Categories Finance

GBPUSD holds the 1.3265 level on the downside. Bounces

In the kickstart video from earlier today, I highlighted the key levels in the GBPUSD. On the downside the 1.3265 was key support. Looking at the GBPUSD price action since then (see chart below), the low price for the day came in at 1.32676, just 2 pips short…

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Categories Finance

NASDAQ index down 100 points or -0.55%

The NASDAQ index is down -100 points or -0.55%. The prices back down testing the low price from yesterday near 17909.75. Early today, the price fell below that level on its way to fill the gap from Wednesday to Thursday ( i.e the high from Wednesday). Buyers came…

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Categories Finance

Crude oil futures settled up $0.16 at $71 a barrel

The price of the WTI crude oil futures are settling up $0.16 and $71 a barrel. The high price today reached $71.41. The low price was at $70.40. Oil prices rebounded above $70.00, a level that has largely held sway over the past month, driven by tight supply…

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