Posts in category Economic Times
Positive Breakout: Adani Wilmar and 4 other stocks cross above their 200 DMA (02-05-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
At multi-year highs: These 4 stocks witness 5-year swing high breakout (02-05-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Fed announces reduction in balance sheet runoff pace (02-05-2024)
The downshift in the pace of the runoff had been widely expected, although market participants weren't sure whether the tapering of the runoff process would happen at this week's FOMC gathering or the one scheduled for June.
Fed’s Powell says looming US election will not sway rate decisions (02-05-2024)
latest policy meeting, said Fed policy decisions will be guided by "what we think the right thing for the economy is," repeating a long-held stance of ignoring politics in the central bank's economic analysis.
AMD, Super Micro tumble as earnings fall short of lofty AI expectations (02-05-2024)
Its forecast of $4 billion in AI chip sales for 2024 fell short of Wall Street's lofty expectations, having been used to Nvidia's massive forecasts over the past year.