Archives
JACK MA: This Is Alibaba’s Most Dangerous Moment
November 20th, 2014
People now think that Alibaba, after being repeatedly underestimated, is capable of doing anything. That’s why Alibaba founder Jack Ma says the company is in its “most dangerous moment,” according to Bloomberg. Ma was speaking at a conference in ...
Best Buy profit beats, sending shares higher
November 20th, 2014
Best Buy reported quarterly earnings and revenue that beat analysts’ expectations on Thursday, sending shares sharply higher in premarket trading. Following the report, shares of Best Buy rose more than 8 percent in trading prior to the opening bell. The ...
5 ways fraudsters trick investors
November 20th, 2014
Fraudsters use sleights of hand and other trickery that even magicians would be envious of. Americans lose an estimated $50 billion a year to fraud, including Ponzi schemes, pyramid schemes and other types of investment fraud. “People fall for ...
SpectroCoin Launches Bitcoin-to-Cash Service in 25 Countries
November 20th, 2014
SpectroCoin is now allowing its customers to convert bitcoin into cash in 25 countries across Europe and Central Asia. The announcement is the latest from the UK and Lithuania-based bitcoin services provider, which added merchant processing to its existing brokerage and ...
Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds
November 20th, 2014
Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses to gain unfair trading advantages and dominate markets, according to a U.S. Senate investigation. In a report on Goldman Sachs Group Inc., ...
Switzerland To Join Multilateral Convention On AEOI
November 20th, 2014
The Swiss Federal Council has approved plans for the nation to join the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information, describing it as a logical step, after it agreed in principle in May ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
Thursday November 20: OSB Daily Technical Analysis – Indices
November 20th, 2014
OSB Daily Technical Analysis for November 20, 2014 S&P decline found support at the 2040 area and traded within a tight 10 point range for the day on Wednesday. S&P likely to continue higher with time as it digests ...
Thursday November 20: OSB Daily Technical Analysis – Commodities
November 20th, 2014
OSB Daily Technical Analysis for November 20, 2014 Gold sold off after a brief run up above $1200 in the early session and ended the day below the 20 DMA. Support at the $1175 area remains strong however bearish ...
Thursday November 20: OSB Daily Technical Analysis – Currency pairs
November 20th, 2014
OSB Daily Technical Analysis for November 20, 2014 Flat day edging slightly higher on the close after testing resistance at the 1.26 handle. A close above extends to 1.2630-50 area. More consolidation in the 1.25-26 area likely to remain ...
