Trump urges OPEC to ‘keep prices down’ as oil cartel’s meeting wraps up
President Donald Trump said on Friday he wants OPEC to raise its oil production. “Hope OPEC will increase output substantially. Need to keep prices down!” Trump said on Twitter. Tweet Link OPEC announced from its meeting in Vienna that it...
Your first trade for Friday, June 22
The “Fast Money” traders shared their first moves for the market open. Dan Nathan was a seller of the Financials ETF. Brian Kelly was a buyer of SPRD Gold Shares. Karen Finerman was a buyer of Citigroup. Guy Adami was...
Trump administration’s new tariffs hit US consumers less, companies more
The latest round of tit-for-tat tariffs hits U.S. consumers less but American companies more, an analysis shows. Consumer goods account for just 1 percent of items on the June 15 lists from the Office of the U.S. Trade Representative, down...
Bitcoin tumbles 8% after Japan orders exchanges to beef up practices against money laundering
Bitcoin prices fell roughly 9 percent Friday after Japan’s financial regulator ordered several cryptocurrency exchanges to improve their practices against money laundering. The digital currency fell to $6,081, breaking below $6,400 for the first time in about a week and...
The bears are a growlin’ and a prowlin’
“Bull markets don’t die of old age” is a piece of trader wisdom trotted out to justify hanging out in stocks in a bid to try and squeeze out the last of any potential gains in a cycle. But as...
Major changes are coming to insurance coverage, CEO says
The days when insurance was all about financial compensation are gone — coping with that major shift has been a challenge that a top industry executive admits he’s still trying to keep up with. That sentiment from Benoit Claveranne, AXA’s...
Initial coin offerings are flooding the market but they’re overvalued: Crypto investor Brian Kelly
Initial coin offerings (ICOs) continue to overflow the crypto universe, but bitcoin bull Brian Kelly told CNBC that the market is overvalued. He said investors are in a “wait-and-see mode.” “People are starting to say, ‘I’m going to put the...
Euro zone agrees on debt relief package for Greece
Euro zone finance ministers agreed in the early hours of Friday a debt relief package for Greece and a new disbursement of 15 billion euros as part of its current 86-billion-euro bailout program, the head of euro zone finance ministers...
Steel company JSW USA to add 1,000 new jobs: CEO
JSW Steel USA is investing $1 billion in facilities in Mingo Junction, Ohio, and Baytown, Texas, President and CEO John Hritz told CNBC. “We are going to be hiring over 1,000 people,” Hritz said on “Closing Bell” on Thursday. The...
Time for Fed to let banks decide what they can return to shareholders: Ex-Wells Fargo CEO
The era of the Federal Reserve approving what banks can return to shareholders in the form of dividends and stock buybacks should end, former Wells Fargo CEO Dick Kovacevich told CNBC on Thursday. “We’re a free enterprise system. There’s lots...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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