Stocks

Market Update: Bulls Regain Momentum

by Knowledge Resources

9/23/2024 8:00am (EST) Commentary The market was mostly lower on Friday following Thursday’s delayed rally from the half-point rate cut by the Fed. The breakout to all-time highs was an ongoing bullish development and comes ahead of the...

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Market Update: Bulls Still Pushing V-Shape Recovery

by Knowledge Resources

Bulls Still Pushing V-Shape Recovery 8:00am (EST) Commentary The market rebounded on Friday to keep last week’s mini trading range in play following comments from Fed Chairman Powell on interest rates. He said "the time has come" for the...

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Market Bounces Off Key Support Levels

by Knowledge Resources

8:00am (EST) Commentary The market rebounded off the morning lows and key support levels after better-than-expected economic news. Specifically, the consumer price index rose 2.5% in August, down from 2.9% in July and is the lowest print since...

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Market Briefing

by Knowledge Resources

At the Close: Movers Watch List Dice Therapeutics (NASDAQ:DICE) -- Acquired by Eli Lilly Avis Budget Group (CAR) -- Major Gap Everest Re Group (RE) - Bullish Upgrade Market Breif The Dow Jones Industrial Average opened the day...

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Fiat Currency: Why We Trust Paper Money

by Knowledge Resources

In today's world, we rely on paper money for most of our transactions. From buying groceries to paying bills, paper money is a ubiquitous part of our lives. But why do we trust paper money? What makes it valuable?  What is Fiat Currency? Fiat...

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PagerDuty shares soared this Friday

by Weekly Movers

Pagerduty shares are up more than 5% in pre-market trading on Friday. PagerDuty shares rose this Friday morning, adding more than 5% in pre-market trading to 27.5.  PagerDuty's short-term technical score of 64 indicates that the stock has...

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Why did Carvana shares rise today?

by Weekly Movers

Carvana shares rose Tuesday after the company announced it implemented a poison pill for net operating losses. Carvana shares were up 1.15% in pre-market action. Net operating loss carryforwards, also known as NOL carryforwards, are a tax...

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