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Price Trapped In A Complex Correction On USDJPY; More Weakness Could Be Around The Corner
October 12th, 2016
On the daily chart of USDJPY we are observing a nice impulsive decline taking place, with price now trading in one of its temporary corrective sub-waves, wave 4-circled. If that is the case, then current sideways price action ...
Theranos sued by one of its biggest investors, claiming fraud
October 11th, 2016
One of Theranos Inc.’s biggest financial backers has sued the embattled startup and its founder for allegedly lying to attract its nearly $100 million investment, according to a fund document and people familiar with the matter. Partner Fund Management ...
Elliott Wave Video Analysis: Price Personality On German DAX Is Pointing Higher
October 11th, 2016
Elliott Wave Video Analysis: Price Personality On German DAX Is Pointing Higher German DAX has been trading south for the last year or so but it might have been only a temporary decline if we consider that structure is ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
Record fine for a UK Telecoms company in a cyber attack case
October 10th, 2016
Telecoms company TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have ...
Elliott Wave Analysis On USDCHF And Crude OIL
October 7th, 2016
Elliott Wave Analysis On USDCHF And Crude OIL USDCHF USDCHF fell beneath 0.9649 low last week from where market turned sharply up so we see first signs of a completed corrective decline from 0.9884, labeled as wave E). Wave ...
Asia Stocks Fall as Pound’s Flash Crash Supports Yen, Treasuries
October 7th, 2016
Sterling briefly sinks as much as 6.1%, most since Brexit Dollar gains as Fed rate-hike bets build before payrolls Asian stocks fell with U.S. equity index futures and the yen strengthened after a sudden plunge in the pound spooked ...
Lawyers ask for $300 million in fees in VW scandal settlement
October 6th, 2016
Plaintiff lawyers who helped negotiate a potential $10 billion settlement with Volkswagen over the diesel emissions scandal fired back at critics who question their request for more than $300 million in fees for negotiating terms that are largely overlapped ...
German DAX Trading Higher As Part Of A Higher Degree Impulse
October 5th, 2016
German DAX has been trading south for the last year or so but it might have been only a temporary decline if we consider that structure is pointing up because of overlapping decline from 12424 to 8690 low, ...
Theresa May lays out Brexit timetable for leaving the European Union
October 3rd, 2016
The PM says the UK will quit the EU “whether people like it or not” and there will be “no unnecessary delays” in negotiations. Theresa May has said she will trigger the formal process for the UK to leave ...