Mindblown: a blog about philosophy.
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Stocks Extend Losses on Recession Worries
U.S. stocks fell in early trading on Friday, extending weekly losses, as concerns mount the U.S. economy may slip back into recession. The Dow Jones Industrial Average lately fell 95.89 points to 110,894.69. The Standard & Poor’s 500 Index declined 7.12 points to 1,133.53. The Nasdaq Composite was off 6.82 points to 2,373.61. Bank of…
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Momentum and Rate of Change (ROC)
Momentum and rate of change (ROC) are simple technical analysis indicators showing the difference between today’s closing price and the close N days ago. Momentum is simply the difference, Momentum = Close(today) – Close(N days ago) Rate of change scales by the old close, so as to represent the increase as a fraction, …
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Tips When Studying Chart Pattern.
There are two important lessons when studying chart patterns. The first is that none of these chart patterns are infallible. They work most of the time, but not always. The second lesson is that technical traders must always be on the alert for chart signs that their analysis is incorrect. One of the keys to…
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US stocks markets crashed, These stocks are good to buy
NASDAQ: GEDU (Global Education & Technology Group Ltd) NASDAQ: GEDU (Global Education & Technology Group Ltd) has closed at $5.18, and its traded Volume was 4.7K shares, GEDU opened the Day at $5, it made an intraday Low of $4.87, and an intraday High of $5.18. Price and Moving Averages analysis: GEDU’s close price is…
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Stocks Sank on Global Worries
U.S. stocks sank Thursday on worries about the global economy and the health of European banks. The Dow Jones Industrial Average lately fell 419.63 points, or 3.68%, to 10,990.58. The S&P 500 fell 53.24 points, or 4.46%, to 1,140.65. The Nasdaq Composite lost 131.05 points, or 5.22%, to 2,380.43. New worries about the health of…
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Stocks Tumble at Start Following Global Markets
U.S. stocks opened sharply lower amid more signs of weak economic conditions around the globe, including disappointing jobless claims and inflation data in the U.S. The Dow Jones Industrial Average lately fell 334.64 points to 11,075.57. The Standard & Poor’s 500 Index declined 38.13 points to 1,155.76. The Nasdaq Composite Index dropped 95.76 points to…
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Dow, S&P Finish Near Flat, Nasdaq Slips
A bleaker outlook for technology shares weighed on the Nasdaq Composite and kept the other major benchmarks to minor gains on Wednesday. At the close, the Dow Jones Industrial Average closed up 4.28 points, or 0.04%, to 11,410.21. The S&P 500 ended up 1.13 points, or 0.09%, to 1,193.89. The Nasdaq Composite slid 11.97 points,…
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Stocks Open Modestly Up on Retailer Earnings
U.S. stocks opened mostly higher on Wednesday as earnings from Target Corp. and Staples Inc. topped expectations. The Dow Jones Industrial Average rose 60.09 points to 11,466.02. The Standard & Poor’s 500 gained 8.28 points to 1,201.04. The Nasdaq Composite Index rose 6.41 points to 2,529.86. Target Corp. and Staples Inc. led retail stocks higher…
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Stocks Ended Lower on Europe Concerns
U.S. stocks on Tuesday closed lower on Tuesday as German growth data and a meeting of French and German leaders failed to ease worries about the euro zone debt crisis. The Dow Jones Industrial Average ended down 76.97 points, or 0.67%, to 11,405.93. The S&P 500 slid 11.73 points, or 0.97%, to 1,192.76. The Nasdaq…
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Stocks Opened Down on Weak German Data
Stocks opened lower on Tuesday after three days of gains as data showed sluggish German growth hobbled the euro zone. The Dow Jones industrial average was down 85.37 points, or 0.74 percent, at 11,397.53. The Standard & Poor’s 500 Index fell 12.11 points, or 1.01 percent, at 1,192.38. The Nasdaq Composite Index was off 28.06…
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