White House budget director Mick Mulvaney: The economy is doing better than we expected
White House budget director Mick Mulvaney told CNBC on Tuesday that economic growth is higher than what the Trump administration expected. Mulvaney was asked about the 2.9 percent GDP growth in theeconomy during the fourth-quarter. “We didn’t even think we...
Sterling soars to its highest level since the Brexit vote
Sterling saw some strong buying on international currency markets Tuesday, reaching its highest level since the country voted to leave the European Union in June 2016. The pound had gained 0.2 percent by 9:00 a.m. London against the dollar, hitting...
‘We have a very strong outlook on China,’ says Eastspring portfolio manager
The U.S. may have lashed out against China in recent weeks, but at least one portfolio manager remains “very” optimistic about the prospects of the world’s second-largest economy. In recent weeks, the U.S. and China traded tariff threats, and on...
After-hours buzz: NFLX, ROKU, CE & WTFC
Check out the companies making headlines after the bell: Netflix shares soared as much as 7 percent post-market after the entertainment company released its first-quarter earnings. Its earnings were in line with Wall Street estimates and revenues were slightly above....
Bitcoin exchange Coinbase buys Earn.com for a reported $100M and adds key executive
Digital currency exchange Coinbase is building on a recent hiring streak with a deal to buy Earn.com announced Monday. As part of the acquisition, the crypto company will bring on Earn’s founder and CEO as its first-ever chief technology officer....
Aluminum prices surge to highest level since 2011 as US sanctions on Russia take out big producer
Aluminum prices surged to their highest level in six years on Monday, extending a recent rally that follows the U.S. sanctioning of Russian aluminum giant Rusal. The metal traded as high as $2,403 per ton on the London Metal Exchange,...
Blockchain to disrupt Swiss hold on global bank system, Moody’s says
The blockchain technology underlying bitcoin could hurt Swiss banks the most, according to Moody’s Investors Service. “While making cross-border transactions faster and less expensive would be credit positive for banks, these efficiencies could also compress their fees and commissions, a...
McDonald’s downgraded because last year’s sales success is not the ‘norm’
Investors shouldn’t get used to McDonald’s recent strong sales growth, according to Stephens Inc., which downgraded the stock to equal weight from overweight. “Mid-single-digit comparable growth of recent quarters (especially in U.S.) was a result of successful initiatives coming together...
Two-year Treasury yield hits a near 10-year high despite Syria tensions
The two-year Treasury yield hit its highest level in nearly a decade Monday morning, leaving investors questioning what this could signal for America’s economy in the longer term. The short-term Treasury yield rose to 2.386 percent on Monday morning —...
Germany’s problem with China goes well beyond trade issues
China stands accused by Germany of interfering in its spheres of interest and influence in the European Union, West Balkans and Africa. Germans are also alleging that the Chinese are using their economic clout in these regions for political ends....
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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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