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Month: August 2021

Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and more

Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the first time. Growth rates have slowed from the meteoric levels seen as the pandemic began …

Stocks making the biggest moves in the premarket: Zoom Video, Robinhood, Designer Brands and moreRead More

AUDUSD Aims To Hold Above 20-SMA, Short-Term Bias Bullish

AUDUSD looks determined to stay above its 20-day simple moving average (SMA) and the 23.6% Fibonacci level of the 0.7890 – 0.7105 downleg at 0.7290 after barely closing above that line in the past two sessions, with the price gearing up to a two-week high of 0.7340 early on Tuesday. While the Stochastics are already …

AUDUSD Aims To Hold Above 20-SMA, Short-Term Bias BullishRead More

Currency Pair Of The Week: AUD/USD Testing Resistance Ahead Of Key Data Releases

As my colleague Tony Sycamore noted earlier today, Australian traders will be closely monitoring the release of the country’s Q2 GDP report. Although the data precedes the ongoing lockdowns in Sydney and Victoria, it “…is expected to garner serious media attention because a heavy contraction in GDP in Q3 is already guaranteed due to lockdowns.” …

Currency Pair Of The Week: AUD/USD Testing Resistance Ahead Of Key Data ReleasesRead More

Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibility

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Shares of Robinhood dropped Monday amid several bouts of bad news for the brokerage app. Robinhood’s stock fell …

Robinhood tanks after SEC chair tells Barron’s that banning payment for order flow is a possibilityRead More

Homebuyers sign fewer contracts in July, as high prices chill the summer market

A pending sale sign in front of a home in Miami. Getty Images Signed contracts to purchase previously owned homes fell 1.8% in July from June, according to the National Association of Realtors. Sky-high home prices have caused affordability to drop dramatically in the last several months. The median price of an existing home was …

Homebuyers sign fewer contracts in July, as high prices chill the summer marketRead More

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