General World News

Chipotle sales crater 30% in December (CMG)

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Sales at Chipotle are falling off a cliff. In a filing with the SEC on Wednesday, the fast food chain disclosed that for the month of December same-store sales — or sales at locations open for at least a year — were down 30%. This decline in sales follows an outbreak of E. coli tied […]

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North Korea, Weak Economic Data Drives Markets Lower

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NYC – 8 pm (est) Tuesday, January 5th / Los Angeles, CA – 5 pm (pst), Tuesday, January 5th/ London, England – 1 am (gmt) Wednesday, January 6th/ Pyongyang, North Korea – 10 am (kst — Korean Standard Time) Wednesday, January 6th — The US geological Service reports a 5.1 magnitude earthquake 30.4 miles outside […]

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ADP Non-Farm Payrolls jumps 257K – USD follows

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Great news from the US for a change: 257K private sector jobs were created in December, much better than expected. November’s figure was marginally revised to the downside at 211K. This is a powerful signal for Friday’s official NFP. The US dollar is making more gains across the board. EUR/USD had already made an attempt […]

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Elliott Wave Analysis on USDJPY and EURAUD

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USDJPY USDJPY finally fell to a new low after a nice corrective bounce up into wave iv) which found resistance near 119.70. Now we are tracking a new five wave decline from that swing high which is still underway, pushing the price lower within the red wave v) that can hit levels around 118.00 today. […]

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UBS: Give up on stocks this year and buy gold

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2015 was a volatile year for the stock markets and 2016 opened with a near obliteration of Chinese stocks on the first day back. And for this reason, technical analysts Michael Riesner and Marc Müller at UBS told clients in a research note on Wednesday morning that they should plough into gold (emphasis ours): Gold […]

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Leading Web Trading Platforms

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Technologies drive progress in nearly every single aspect of our lives. We no longer send SMS, but use Viber, WhatsApp or any different messenger, our files are stored on google drive, dropbox and other services. It is clear that the general tendency of progress is to move all of the applications and services into the […]

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3 Sector ETFs Nearing Buy Points

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When the going gets tough, the tough build and monitor their ETF watch lists. When most investors are feeling skittish after a sharp stock market sell-off, the wise focus on the inevitable upside. Smart investors also consider the overall direction of the market when making buy and sell decisions. The IBD market direction recently shifted […]

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Jumeirah Group launches new mobile booking app

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Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, has launched a new mobile platform to enhance the booking process for guests using a mobile or tablet device. The new upgrade offers a ‘three-step booking flow,’ which can load in under three seconds on 3G connections. read more >>> Source : […]