The recent ambiguous messaging from the Federal Open Market Committee’s meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell’s comments, is typical of the abstruse signals that can […]
“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given […]
“High timeframe trend metrics remain firmly bullish, a near-term [bearish] reversal chart pattern has emerged. Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an […]
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