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JAKFED employees call off strike after govt assurance
Like this story, share it with millions of investors on M3 JAKFED employees call off strike after govt assurance JAKFED employees call off strike after govt assurance Jammu, May 14 (PTI) JAKFED employees, who were demanding implementation of 6th pay commission, today called off their 15-day long strike after Jammu and Kashmir government assured them [...]
Canada adds a surprise 58,200 jobs in April
Canada’s economy added 58,200 mostly full-time jobs in April, almost six times what economists had forecast. It was the second month in a row that employment grew, following a jump of 82,300 in March, and far exceeded the 10,000 jobs that economists had forecast for April. The financial news service Bloomberg called it Canada’s largest [...]
Alonso puts upgraded Ferrari on top in Spain
Like this story, share it with millions of investors on M3 Alonso puts upgraded Ferrari on top in Spain MOTOR-RACING-PRIX-PRACTICE:Alonso puts upgraded Ferrari on top in Spain BARCELONA (Reuters) – Ferrari’s Fernando Alonso gave his home fans what they wanted to see with the fastest time in first practice for the Spanish Grand Prix on [...]
U.S. posts 1st monthly surplus in 4 years
The United States government took in more money than it spent in April, the first time that’s happened since the financial crisis that began in 2008. The Treasury Department said the U.S. government posted a monthly surplus of $59.1 billion in April. That’s not unexpected, since April is the month when U.S. residents file their [...]
Familiar Themes In April Rail Data (CSX, KSU, CN, CP)
April’s 2012 rail data looks like more than a little bit of history repeated. While the healths of the railroads and the economy have generally been pretty closely correlated, some of that linkage is breaking down. With coal demand plunging, but most other core industrial categories doing well, this may be a case where rails [...]
Natural Gas Prices Surged 4%
The Associated Press reported that natural gas prices surged 4%. As quoted in the market news: Natural gas futures have rebounded from 10-year lows as supplies fall more in line with average levels for this time of year. The government’s latest report said U.S. natural gas supplies rose by 28 billion cubic feet last week, [...]
Oil Dropped 56 Cents Over Poor Employment Data Forecast
Bloomberg reported that oil dropped 56 cents on concern over worse-than-forecast employment data. As quoted in the market news: Crude for June delivery on the New York Mercantile Exchange fell as much as 56 cents to $104.66 a barrel and was at $105.02 at 1:53 p.m. London time. The contract yesterday slid 94 cents, the [...]
How To Spot And Screen For Chart Patterns With Finviz
Cory Mitchell is a proprietary trader and Chartered Market Technician specializing in short- to medium-term technical strategies. He is the founder of vantagepointtrading.com, a website dedicated to trader education and market analysis. The site also provides a Member’s Area, focusing on in-depth multi-time frame analysis and swing trading the Forex market.Graduating with a business degree, [...]
Hockey Stick Chart
A sudden and dramatic shift in the direction of data points from a flat period to what is visible in a hockey stick chart is a clear indicator that more attention should be paid in order to determine the cause. If the data shift occurs over a short time period, it is important to determine [...]
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