Author: Admin

“She has never been willing to sign a power of attorney.”

Delta Air Lines (DAL) reports earnings on Thursday morning. Heading into the print, I’m focused on the technicals: the chart is showing a head and shoulders pattern. I draw the neckline from the end of June through the lows of July into where price is now. Although the right shoulder is smaller, the structure remains valid in my book, and I’m treating it with respect going into the event. A quick background on DAL for context: Delta Air Lines is a major U.S. carrier with a broad network serving both domestic and international routes. The company’s business centers on passenger…

Middle East oil giant just got a nuclear big brother — and your portfolio will feel the heat.

  The “Takaichi Trade”   Tokyo Japan The “Takaichi Trade” Explained Global markets have already coined a new phrase called the “Takaichi Trade.” It refers to the market reaction following the election of Japan’s new Prime Minister, Sanae Takaichi, who is widely seen as a supporter of former leader Shinzō Abe’s economic strategy known as Abenomics. While it’s still unclear how closely Takaichi will follow Abe’s playbook, traders have wasted no time expressing their views by buying Japanese stocks, selling the yen (JPY), and selling bonds. The move reflects expectations of policies favoring growth, stimulus, and a weaker yen, all…

Three years of terrible home sales have made the residential real-estate industry more territorial. That could be bad news for home buyers and sellers.

When most people think of the U.S. Mint, they imagine the coins jingling in their pockets. But one of the most fascinating, and often overlooked, branches of the U.S. Mint is located right in the heart of the Rocky Mountains: the Denver Mint. Known for its high output and historical significance, the Denver Mint is more than just a coin factory. It’s a symbol of America’s gold-rich past and a continuing powerhouse in the world of precious metals. From Assay Office to Coining Powerhouse The story of the Denver Mint begins not with coins, but with gold dust. Established in…

The Euro (EUR) trades on the back foot against the Swiss Franc (CHF) on Monday, with EUR/CHF briefly sliding to its lowest level since September 10. At the time of writing, the cross is stabilizing somewhat, trading around 0.9320, down about 0.20% on the day as renewed political jitters in Europe weigh on the common currency.The Euro is under heavy pressure across its major peers as traders react to the abrupt resignation of French Prime Minister Sébastien Lecornu, who stepped down on Monday just hours after unveiling his new cabinet. His exit, after only 27 days in office, underscores the…

“Due to my two divorces, I had to leave the homes I bought and give up all the equity.”

  Fed Faces Dilemma Ahead of October 29 FOMC Meeting   Data Accuracy With the next Federal Reserve (FOMC) decision scheduled for October 29, policymakers are facing an unusual challenge: the government shutdown has delayed critical economic data, leaving the Fed “flying blind” just weeks before its next interest rate call. At the September meeting, the Fed cut rates by 25 basis points, and market pricing suggests traders expect another cut in October. But with a slowing labor market and persistent inflation pressures, the decision won’t be straightforward. What Is the Fed’s Dual Mandate? The Federal Reserve’s dual mandate, set…

“The economic and political climate makes me reluctant to do so.”