Oppenheimer bull dismisses ‘expiration date’ on rally

One of Wall Street’s most bullish firms is back at the drawing board—in the process of revising its price target on the S&P 500 Index. Back on June 26 Oppenheimer Asset Management’s John Stoltzfus said to expect a new price target within the ” next three to five days .” He made the declaration after […]

The volatility shouldn’t worry you.. the cryptomarket is stable

Investors should not be put off by the price volatility for cryptocurrencies like bitcoin and ethereum because these digital assets are still very new and offer nearly unparalleled returns. On Tuesday, ethereum’s price fell below $200 for the first time since May 30; the cryptocurrency has fallen more than 50 percent since hitting an all-time […]

Cyber security ETF hits 52-week high after ransom attacks

The PureFunds ISE Cyber Security exchange traded fund hit a 52-week high in pre-market trading following the global ransomware attack late last week, reaching $31.19 a share at 9:12 a.m. in New York. The ETF tracks the results of the ISE Cyber Security Index. More than 200,000 computers in at least 150 countries have been […]

Possible reversal and trend continuing instruments

We are expecting GOLD,Oil and GBP to revers their trend to negative. Turlisk lira, EUR and Mexican peso,CAC and DAX to enter in consolidation in short term. It appears that UKX and CAD will continue to lose as the sentiment for tese two instrument remain negative. Trader Bozhidar Arabadzhiev

Economic calendar for European and American trade sessions

9:00 Germany – Trade balance 11:30 UK – Manufacturing production 11:30 UK – Industrial production 12:00 EU – EU Leaders summit 15:30 USA – Average hourly earnings 15:30 USA – Unemployment rate 15:30 USA – Nonfarm Payrolls 15:30 Canada – Employment change 17:00 UK – NIESR GDP Estimate 20:00 USA – Baker Hughes oil rig […]

Le Pen Gains in French Polls as Security Concerns Win Voters

Marine Le Pen gained ground on her rivals for the French election as she benefits from concerns about security while other candidates trained their fire on independent front-runner Emmanuel Macron. Monday’s daily OpinionWay poll showed that first-round support for anti-euro candidate Le Pen rose 1 percentage point to 27 percent, with Macron and Republican Francois […]