Markets were expecting a positive GDP release this morning New York time with a precise expected reading of +0.5%.   In reality though, after the previous month's reading was deeply negative, any positive reading would have sufficed.   The markets…

The Federal Reserve Bank of the United States has raised by 75 basis points to take interest rates to 2.50%.   Thee was some speculation leading into the announcement that they might go further and raise by a full 100…

The S&P 500 has posted a much welcomed green candle for equity bulls.   The good news? The index twice tested the 4,000 level twice before retreating to the 3,950 level.   The bad news is that it couldn't break…

NASDAQ: bullish retracement in play   Ichimoku Cloud mixed; ADX and DI bearish; RSI bullish.   Although the US tech stock index NASDAQ added more than 350 points counting from the recent low, such an upside price action is still…