Stocks making the biggest moves midday: Vertex Pharmaceuticals, Moderna, Lennar, Salesforce and more
Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday: Allbirds — Allbirds shares sunk more than 13% after the shoe maker’s losses grew in the third quarter,...
CEO survey taken before omicron emergence shows optimism about the economy over the next 6 months
A customer carries her purchases during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Strong consumer demand...
Mortgage refinance demand plunged 15% last week, but could now reverse
Daniel Acker | Bloomberg | Getty Images Mortgage rates rose decisively again for most of last week, causing a massive drop in mortgage demand, but late in the week everything changed with the news of the Covid omicron variant. Last...
Private payrolls post better-than-expected growth of 534,000 in November, ADP says
Companies added jobs at a robust pace in November despite worries about rising inflation and the threat that the pandemic could slow growth into the winter months, according to a report Wednesday from payroll processing firm ADP. Private hiring increased...
‘Way overdue for a correction’: Long-time bull Jim Paulsen delivers a 10% to 15% pullback forecast
The latest market setback may be a foreshock to a more serious downturn. The Leuthold Group’s Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies. “We...
Home price gains slow down for the first time since May 2020
Daniel Acker | Bloomberg | Getty Images Home prices are still considerably higher than they were a year ago, when the pandemic caused a massive run on housing, but the gains are finally starting to ease up. Home prices rose...
Here’s why unemployment claims hit their lowest level since 1969
Recruiters speak with potential applicants during a job fair in Leesburg, Virginia, on Oct. 21, 2021. ANDREW CABALLERO-REYNOLDS | AFP | Getty Images Claims for unemployment benefits dipped to their lowest point in more than 50 years the week before...
Ray Dalio says cash is not a safe place right now despite heightened market volatility
Bridgewater Associates’ Ray Dalio stood by his belief that cash is not the place to be despite the volatility in the markets triggered by the new omicron Covid variant. “Cash is not a safe investment, is not a safe place...
Rolling back U.S.-China tariffs would ease inflation in the U.S., former Treasury secretary says
Eliminating tariffs imposed on goods during the worst of the trade war would help ease inflation in the U.S., former Treasury Secretary Jacob Lew told CNBC on Tuesday. But there’s currently “no political space” to do so, he said on...
Powell to tell Senate omicron variant poses downside risk to economy, complicates inflation picture
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters Federal Reserve Chairman...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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