$MARK

Remark Holdings Inc

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PRICE

$0.275 β–²1.177%

Extented Hours

VOLUME

1,167,144

DAY RANGE

0.26 - 0.28

52 WEEK

0.26 - 6.7

Join Discuss about MARK with like-minded investors

TR
@trademaster #TradeHouses
recently

By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation. The policy decision, due to be announced at 2 p.m. EDT (1800 GMT), will mark the latest move in a synchronized policy shift by global central banks that is testing the resilience of the world's economy and the ability of countries to manage exchange rate shocks as the value of the dollar soars. While investors largely expect the Fed to lift its policy rate by 75 basis points to the 3.00%-3.25% range, markets could be unsettled by the updated quarterly economic projections that will be released along with the policy statement. Those projections will show where Fed policymakers think interest rates are heading, how long it will take inflation to fall, and how much "pain" is likely to be inflicted on U.S. employment and economic growth along the way. If the past few months are any prologue, that rewritten economic script will point to a tougher-than-expected fight ahead, with a federal funds rate that may top 4% by the end of 2022, versus the 3.4% that was expected when the last set of projections were issued in June, and rising unemployment. "With little evidence in hand that inflation pressures are abating, (Chair Jerome Powell) is likely to re-emphasize the Fed's commitment to do what is necessary to bring inflation to target, even if that means risking a recession," Deutsche Bank (ETR:DBKGn) economists wrote late last week. "They will ... foresee tighter monetary policy and greater pain in the labor market." Deutsche Bank expects the U.S. central bank to eventually need to raise its policy rate to around 5.00%, a level approaching the peak of 5.25% seen from mid-2006 to 2007 when Fed policymakers were concerned about a bubble in the U.S. housing market, and one that could amplify stress across the global financial system. Powell is scheduled to hold a news conference at 2:30 p.m. to elaborate on the latest policy decision, and his tone will shape whether it is interpreted as a hawkish next step with more of the same ahead, or as a final bit of rate-hike "front-loading" before the Fed reverts to more conventional rate increases of 50 or 25 basis points as it feel its way to a stopping point. Powell has had to correct himself in real time about the Fed's likely path twice this year. In June, after he largely ruled out hiking rates by three-quarters of a percentage point, a surprise jump in inflation unnerved the policymaking Federal Open Market Committee and pushed its members towards the larger increase. In July, Powell's comment that the Fed might move to smaller incremental rate increases was read as indicating an imminent policy pivot. The Fed chief's tone since then has become ardently hawkish, and, with the central bank's preferred measure of inflation running more than three times its 2% target, another dose of tough talk is anticipated. "Risks still skew toward higher terminal policy rates and we expect a relatively hawkish FOMC meeting," Citi economists wrote on Tuesday. 'PRESENT DANGER' The hawkish stance has become the norm globally as central bankers dial up interest rate moves not seen since the 1990s, at the tail end of a fight in the developed world against inflation that had become entrenched in the 1970s. The European Central Bank, following the Fed, earlier this month raised its key interest rate by three-quarters of a percentage point for the first time ever; Sweden's central bank this week approved its first full-percentage-point increase in 30 years. The Bank of England and the central banks of Switzerland and Norway will meet this week, with markets expecting them to announce large rate hikes. Such increases in borrowing costs can feed off each other, changing currency, price and trade dynamics in ways that prompt other central banks to react, particularly in emerging markets where exchange rate fluctuations and rising dollar interest rates can cause unexpected financial shocks. Led by the Fed's intensifying focus on fighting inflation, the tightening has become so pronounced that some have begun worrying about overkill. "Central banks nearly everywhere feel accused of being on the back foot," in failing to anticipate to prevent the jump of inflation in 2021, Maurice Obstfeld, the former chief economist of the International Monetary Fund, wrote in an essay last week published by the Peterson Institute for International Economics. "The present danger, however, is not so much that current and planned moves will fail eventually to quell inflation. It is that they collectively go too far and drive the world economy into an unnecessarily harsh contraction." Between the aftershocks from the COVID-19 pandemic and the Russian invasion of Ukraine, World Bank President David Malpass warned last week that the global economy could be approaching "a protracted period of feeble growth and elevated inflation."

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VA
@vapaka #decarolis
recently

@Cle: Di Ari Kiev o di Mark Douglas?

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TR
@trademaster #TradeHouses
recently

By Florence Tan and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe. Brent crude futures dropped $1.01, or 1.1%, to $91.83 a barrel by 0630 GMT, after settling 4.1% higher on Friday. U.S. West Texas Intermediate crude was down $1.13 at $85.66 a barrel, or 1.3%, after a 3.9% gain in the previous session. Prices were little changed last week as gains from a nominal supply cut by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a group known as OPEC+, were offset by ongoing lockdowns in China, the world's top crude importer. China's oil demand could contract for the first time in two decades this year as Beijing's zero-COVID policy keeps people at home during holidays and reduces fuel consumption. "The lingering presence of headwinds from China's renewed virus restrictions and further moderation in global economic activities could still draw some reservations over a more sustained upside," said Jun Rong Yeap, market strategist at IG. "The overall negatives seem to outweigh the positives," said Yeap, adding the $85 mark for Brent crude prices could be in sight. Meanwhile, the European Central Bank and the Federal Reserve are prepared to increase interest rates further to tackle inflation, which could lift the value of U.S. dollar against currencies and make dollar-denominated oil more expensive for investors. "Demand concerns centred on the impact of rising interest rates to combat inflation and China's COVID-zero policy," Commonwealth Bank of Australia (OTC:CMWAY) analyst Vivek Dhar wrote in a note. Still, global oil prices may rebound towards the end of the year - supply is expected to tighten further when a European Union embargo on Russian oil take effect on Dec. 5. The G7 will implement a price cap on Russian oil to limit Russia's lucrative oil export revenue following its invasion of Ukraine in February, and plans to take measures to ensure that the oil could still flow to emerging nations. Moscow calls its actions in Ukraine "a special operation".

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@NoobBot #Crypto4Noobs
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https://www.coindesk.com/policy/2022/09/09/group-of-senators-press-meta-mark-zuckerberg-for-action-on-crypto-scams/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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TR
@trademaster #TradeHouses
recently

By Tom Balmforth KYIV (Reuters) -Ukraine made its boldest claim yet of success on the battlefield in its week-old counter-offensive against Russian forces in the south, while European markets reopened on Monday in free-fall after Russia kept its main gas pipeline to Germany shut. After days of declining to give details about their new offensive, Ukrainian officials posted an image online of three soldiers raising a flag over a town in Kherson province, a southern region occupied by Russia since the war's early days. The image of the flag being fixed to a pole on a rooftop, purportedly in Vysokopyllya in the north of Kherson, was released as President Volodymyr Zelenskiy announced that Ukrainian forces had captured two towns in the south and one in the east. In an overnight address, he did not identify the locations. After months of enduring punishing Russian artillery assaults in the east, Ukraine has at last begun its long-awaited counter-attack, its biggest since it drove Russian forces away from the outskirts of Kyiv in March. Ukraine had kept most details of its new campaign under wraps so far, banning journalists from the frontline and offering little commentary in public, saying this was needed to preserve tactical surprise. Russia has publicly said that it has repelled assaults in Kherson. In a rare acknowledgment from the Russian side that the Ukrainian counter-offensive was spoiling Moscow's plans for territory it has seized, TASS news agency quoted a Moscow-installed official in Kherson as saying plans for a referendum to annex the region to Russia had been put on hold due to the security situation. Mark Hertling, a retired former commander of U.S. ground forces in Europe, said Kyiv's aim appeared to be to trap thousands of Russian troops on the east bank of the vast Dnipro River, destroying bridges the Russians now use for supplies and would need to escape. Russia had left "a force in Kherson, with a river at their back & limited supply lines", and Ukraine was hitting them with "precision weapons, confusing a RU force that already has very low morale and poor leadership," Hertling tweeted. REVERSING GAINS Zelenskiy's announcement that a town had been captured in the east was also notable, a suggestion Ukraine was taking advantage of pressure in the south to try to reverse some of the gains Russia made elsewhere in recent months. In his evening address on Sunday, Zelenskiy tempered his announcements of success with a warning to European countries that they could face a cold winter. Moscow blames Western sanctions it says have interfered with repairs of equipment for forcing it to halt the flow of gas through Nord Stream 1, its main pipeline to Germany. Russia was due to reopen the pipeline on Saturday but has announced that it will stay shut indefinitely. "Problems with gas supply arose because of the sanctions imposed on our country by Western states, including Germany and Britain," Kremlin spokesman Dmitry Peskov said on Monday. European countries call the gas cut-off blackmail. They say they are finding alternative sources of gas and are already ahead of targets in filling up storage tanks for winter. Countries led by Germany have rolled out multi-billion euro packages of support for consumers and businesses, which last week helped drive European gas prices back down sharply from record highs. BLEAK WINTER But the weekend news about Nord Stream's extended shutdown sent prices soaring once again on Monday, with the main European benchmark up by around a quarter, bringing fears of a bleak winter for consumers and businesses across the continent. Germany's DAX share index was down well over 2%, the Euro sank below 99 U.S. cents for the first time in decades, and a new prime minister taking over in Britain would find the pound cratering to mid-1980s levels. Kremlin spokesman Peskov also said Moscow planned to retaliate for the latest Western move: a proposed cap on the price of Russian oil exports from December designed to reduce Moscow's main source of income. In Russia, which has effectively banned all independent media since President Vladimir Putin launched his "special military operation" in February, a judge revoked the license of stalwart liberal newspaper Novaya Gazeta, one of the last unofficial voices. The ruling was "a political hit job, without the slightest legal basis", said its editor, Dmitry Muratov, who won last year's Nobel Peace Prize for the paper's fight for free speech. Novaya Gazeta was founded 30 years ago with Nobel Peace Prize money won by the previous Russian laureate - former Soviet leader Mikhail Gorbachev, who was buried at the weekend. Putin declined to attend his funeral, a final symbolic snub of the man who presided over the breakup of the Soviet Union, when Ukraine was the most populous of 14 states to gain independence from Moscow. With fighting shifting to southern Ukraine, international attention has focused in recent weeks on the Zaporizhzhia nuclear power station, captured by Russia but still operated by Ukrainian engineers and hooked to Ukraine's power grid. Both sides accuse each other of risking nuclear catastrophe by shelling near the plant. Russia has resisted international pleas to withdraw its forces from the facility and demilitarise the area. An International Atomic Energy Agency mission reached the plant last week after crossing the frontline. Ukraine's operator, Energoatom, said on Monday two IAEA experts would stay on indefinitely at the plant.

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@dros #droscrew
recently

have a great holiday weekend Jon! > @Jonove said: The news dropping today was right on the mark. Have a great weekend all. Markets will always be there

91 Replies 11 πŸ‘ 8 πŸ”₯

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@dros #droscrew
recently

because you said earlier 4050 > @Jonove said: The news dropping today was right on the mark. Have a great weekend all. Markets will always be there

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@Jonove #droscrew
recently

The news dropping today was right on the mark. Have a great weekend all. Markets will always be there

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SA
@Salem #Emporos Research
recently

for the 30 mark, yes?

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TR
@trademaster #TradeHouses
recently

By Kevin Buckland TOKYO (Reuters) - The U.S. dollar hit a fresh five-week high versus major peers on Monday after more Federal Reserve officials flagged the likelihood of continued aggressive monetary tightening ahead of the central bank's key Jackson Hole symposium this week. The euro sank to a new five-week trough after Russia announced a three-day halt to European gas supplies via the Nord Stream 1 pipeline at the end of this month, exacerbating the region's energy crisis. China's yuan dropped to its lowest in nearly two years after the central bank cut key lending rates, adding to a string of monetary easing measures aimed at shoring up an economy reeling from COVID-19 clampdowns and a property crisis. The Australian and New Zealand dollars rebounded strongly from near five-week lows, helped by firmer commodity prices. The U.S. dollar index, which measures the currency against six rivals including the euro, edged up to 108.26 for the first time since July 15 early in the Asian session before trading flat at 108.12. It gained 2.33% last week - its best weekly rally since April 2020 - amid a chorus of Fed policymakers stressing that more needs to be done to rein in decades-high inflation. The latest was Richmond Fed President Thomas Barkin on Friday, saying the "urge" among central bankers was towards faster, front-loaded rate increases. "Fed speakers have been stressing the message that more rate hikes are coming given the fight against inflation has not yet been won," rattling markets ahead of Jackson Hole on Aug. 25-27, amid growing expectations for Fed Chair Jerome Powell to stress that tightening is "still a long way from the end," Rodrigo Catril, senior FX strategist at National Australia Bank (OTC:NABZY), wrote in a client note. Money markets currently indicate 46.5% odds for another supersized 75 basis point rate hike on Sept. 21, with a 53.5% chance for a half-point rise. Economists in a Reuters poll lean toward a 50 basis-point increase with recession risks on the rise. Benchmark 10-year U.S. Treasury yields rose above 3% on Monday for the first time since July 21. Against Japan's currency, which is extremely sensitive to U.S. yields, the dollar climbed as high as 137.44 yen, the strongest since July 27. The dollar rose as high as 6.8308 yuan in onshore trading for the first time since September 2020 after the People's Bank of China cut the one- and five-year loan prime rates, as widely expected. That came after it eased other key borrowing benchmarks in a surprise move last week. Against the offshore yuan, the dollar hit 6.8520, also the strongest since September 2020. The commodity-linked Aussie gained 0.39% to $0.6902 - rebounding after a slide to $0.68595 on Friday for the first time since July 19 - as Dalian iron ore rallied more than 2% and copper also rose. The kiwi advanced 0.4% to $0.61995 after declining to $0.61675 at the end of last week, also a first since July 19. Meanwhile, the euro dipped as low as $1.0026 for the first time since July 15 before trading flat at $1.0040. Sterling was little changed at $1.18325, remaining not far from Friday's five-week low of $1.17925. Bundesbank President Joachim Nagel told German newspaper Rheinischen Post that the German economy, among the most exposed to disruptions in Russian gas supply, is "likely" to suffer a recession over the winter if the energy crisis continues to deepen. But he added that even if a German recession is increasingly probable, the European Central Bank must keep raising rates to tame inflation. "Time back below parity looks inevitable" for the euro, although it may bounce around either side of that mark in the short term rather than falling strongly through it, Westpac strategists wrote in a research note.

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@Chano #StockTraders.NET
recently

it is around the 3x float rotation mark

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TR
@trademaster #TradeHouses
recently

By Lawrence White LONDON (Reuters) - European stocks crept sluggishly higher on Tuesday as investors sought safety in defensive names, while risk aversion likewise lifted the safe haven dollar following weak Chinese and U.S. economic data that stoked fears of a global recession. The dollar briefly hit a one-week high as investors piled back in having ditched the greenback last week following lower-then-expected U.S. inflation data, while the Aussie, euro and Chinese yuan buckled. Europe's benchmark STOXX index climbed 0.3% to hit a 10-week high and mark a fifth straight session of gains, led by mining companies as London-listed BHP Group (NYSE:BHP) reported strong results. But S&P 500 futures and Nasdaq futures dipped, indicating a likely weaker direction for U.S. markets when they open later. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.03% after gains earlier in the day. MSCI's benchmark index has gained 5% from the year's lows but is still down 15% this year. Just as investors were taking heart from a four-week rally in global equities that pushed markets to their highest in more than three months, Monday's weak Chinese activity data spanning industrial output and retail sales hit sentiment. Also, U.S. single-family homebuilders' confidence and New York state factory activity fell in August to their lowest since near the beginning of the COVID-19 pandemic, a further sign the world's largest economy is softening as the Federal Reserve raises interest rates. The picture was mixed across Asian bourses on Tuesday, with Tokyo and Taiwan benchmarks flat, while South Korean stocks put on 0.2%. Chinese stocks gave up early gains as growth concerns remained after data showed economic activity and credit expansion slowed sharply in July, prompting the central bank to unexpectedly cut interest rates. The blue-chip CSI 300 index slipped 0.2% after dipping on Monday. Bond markets, meanwhile, continued their tussle between fears over inflation and recession, which are particularly acute in the euro zone. Germany's 10-year yield, the benchmark for the euro zone, was up 3 basis points (bps) to 0.932%, holding below a two-week high of 1.025% touched last Friday. DOLLAR HAVEN Investors' latest move to the safety of the dollar came after the raft of weak global economic indicators. The U.S. economy contracted in the first and second quarters, amplifying a debate over whether the country is, or will soon be, in recession. On Tuesday, the dollar index, which measures the greenback against six major peers, rose as high as 106.87, its strongest since Aug. 8. The euro, the most heavily weighted currency in the dollar index, dropped 0.28% to 1.01305. The Australian and New Zealand dollars were put on the defensive by frail global data. Brent crude futures fell 1% to $94.11 as the bleak economic data from top crude buyer China renewed concerns of a global recession, and the market monitored talks on a reviving deal that could allow more Iranian oil exports. WTI crude futures shed 0.98% to $88.52 a barrel. Spot gold dipped slightly to $1,775.6 per ounce as the stronger dollar dented bullion's appeal and investors watched for signs of future rate hikes by the federal reserve.

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TR
@trademaster #TradeHouses
recently

By Sam Byford (Reuters) -Asian stocks were mixed and the yen fell on Friday, capping off a back-and-forth week that saw investors split on how aggressively the Federal Reserve would raise interest rates to tackle inflation. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.1%, and Australia's AXJO was down 0.72%. Hong Kong's Hang Seng index rose 0.35%, but Chinese blue-chip stocks fell 0.1%.Japan's Nikkei was the major outlier, surging 2.43% to its highest level since January as markets reopened following a national holiday. The yen fell 1.14% and was trading at 133.245 per dollar. European stock futures gave little indication of major moves for the day ahead. FTSE 100 futures were down 0.01%, with Britain set to report second-quarter gross domestic product later in the day, while Euro Stoxx 50 futures were down 0.03%. Markets were tentative early this week ahead of key economic data out of the United States. The consumer price index (CPI) report on Wednesday showed inflation was slightly lower than expected in July, while the producer price index (PPI) unexpectedly fell for the first time since April 2020.The slight easing of inflation readings had driven global stocks higher and capped a rising dollar, until a string of Fed speakers put paid to expectations of the central bank going slow on further policy tightening. "The Fed is going to do what they said, which is whatever it takes to address inflation, so you are seeing some repositioning around that out of U.S. equities," said Carlos Casanova, senior economist at UBP. The S&P 500 closed down 0.07% and the Nasdaq Composite lost 0.58% overnight, though the Dow Jones Industrial Average rose 0.08%. San Francisco Federal Reserve Bank president Mary Daly said on Thursday that while a 50 basis point rate hike next month "makes sense" given economic data, she'd be open to a bigger hike if necessary. The rate is currently in the 2.25%-2.5% range. Chicago Fed President Charles Evans said he believed the Fed would likely need to lift its policy rate to 3.25%-3.5% this year and to 3.75%-4% by the end of next year, in line with what Fed Chair Jerome Powell signalled after the Fed's latest meeting in July. Furthermore, Minneapolis Fed President Neel Kashkari said he hadn't "seen anything that changes" the need to raise the Fed's policy rate to 3.9% by year-end and to 4.4% by the end of 2023. Chewing over those comments, investors are still unsure how set the Fed is. Odds of a 75 bps hike in September were as high as 68% earlier in the week, but are now around 34%, where they were a week ago. "There are too many uncertainties to know the path of oil and other CPI prices ahead, but the peak of inflation is clearly behind us," Nikko Asset Management chief global strategist John Vail wrote in a note. "The key question is how far and how fast it will fall. We believe inflation will be quite sticky and central banks will need to be more hawkish than consensus." U.S. 10-year Treasury yields held firm after rising overnight and were last trading at 2.8765%. The yield plummeted on Wednesday's CPI data but rebounded to a near three-week high on Thursday.In commodities, Brent crude oil futures fell 54 cents to $98.06 a barrel. U.S. West Texas Intermediate crude was also down, dropping 55 cents to $93.79. Brent is still on track to gain more than 4% this week, while WTI looks likely to mark a weekly climb of 5%. Bitcoin, the leading cryptocurrency, shaved some overnight gains and lost 1.10% to trade at $23,943. Spot gold was up 0.11% at $1,791 an ounce.

141 Replies 10 πŸ‘ 14 πŸ”₯

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@Atlas #Emporos Research
recently

NZD/USD Super Shot : The grid is seperated by 200 points division . Like always we only hunt the best opportunities , if the 4H finishes in red , as it should , it already experienced 200 points in profit , then we are looking at a minimum of 200 more points of profit . The idea is for it to experience around 400 points in profit , and for us to hit jackpot overnight , where it turns into 600 to 1,000 points of profits . If we are lucky , a monthly magnetic force takes place , and simply pulls it straight down into the 1,200 points or more profit mark . No matter what , no better shot , at no risk . We are good at getting in just on time .

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@NoobBot #Crypto4Noobs
recently

https://cointelegraph.com/news/ethereum-name-service-founder-reflects-as-2-million-registration-mark-nears

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@Mazi_P #PlutoTraders
recently

170.000 IS MY MARK

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@lucullus #droscrew
recently

i think i agree bronco. I had set a mark at this 318 level..... we will trade up a bit i expect but i am thinking rally is over and we are now in distribution phase....could last a month or more....

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@dros #droscrew
recently

US HOUSE SPEAKER NANCY PELOSI WILL MEET WITH THE CHAIRMAN OF TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY (TSMC), MARK LIU - WAPO $TSM

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@Mazi_P #PlutoTraders
recently

ETHUSD HIT A REJECTION ZONE IN 1600.... MARK THAT DOWN

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@Atlas #Emporos Research
recently

and oil , will be right around 87.5 full mark before you think

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@Chano #StockTraders.NET
recently

too close now to the r/g mark, I will have to redesign my plan

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@dros #droscrew
recently

U.S. 2-TO-10 YEAR CURVE INVERSION REACHES MARK LAST SEEN IN 2000

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@dros #droscrew
recently

if it can hang in here could mark a nice little short term bottom

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TR
@trademaster #TradeHouses
recently

By Alun John and Sam Byford HONG KONG/TOKYO (Reuters) - Stocks made slight gains across Asia on Wednesday while the euro hovered just above parity against the dollar as investors awaited a highly anticipated U.S. inflation report later in the global day. Futures were down ahead of European markets opening on Wednesday morning. FTSE futures slipped 0.24% while pan-region EuroSTOXX 50 futures fell 0.46%. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.66%, snapping two straight days of losses, after having slumped to its lowest in two years the day before. Taiwanese stocks led the gains after Taiwan's finance ministry said on Tuesday evening it would activate its stock stabilisation fund. The market had fallen to a 19-month low that day. Aviation parts manufacturer Aero Win Technology Corp was the best performer today, up 10%. Japan's Nikkei was up 0.37% after losing nearly 2% the previous day. But most moves felt insubstantial ahead of the release of U.S. inflation data for June, which economists polled by Reuters expect to have accelerated by 8.8% on an annual basis, a 40-year peak. A high inflation print would likely be read by the U.S. Federal Reserve as a sign it needs to continue with aggressive interest rate rises to get on top of surging prices, even if this might push the economy into recession. The Fed increased rates by a supersized 75 basis points in its last meeting. "Sharp (OTC:SHCAY) weakness in oil prices in July suggests that June's (inflation) may mark a peak, however. If so, the most dynamic phase of Fed tightening could conclude with a 75bps rate rise on 27 July," said analysts at ANZ. "However, our expectation is that underlying strength in core inflation and still deeply negative real policy rates means 50bps rate rises will still be appropriate after the summer." Underscoring the global inflation concerns, South Korea's central bank on Wednesday raised rates by 50 basis points, the biggest increase since the bank adopted its current policy system in 1999, and New Zealand's central bank also increased rates by the same amount. Worries that higher rates could slow global economic growth have been a major factor in stock market declines this year, while in currency markets, the main effect has been to boost the safe-haven dollar. The euro was at $1.00350 on Wednesday, as investors remained focused on whether it would fall below one U.S. dollar for the first time since 2002. It dropped to just a whisker away on Tuesday, falling as low as $1.00005. The dollar was also firm on other peers, and its index measure against major rivals was holding solidly at 108.27. The U.S. benchmark 10-year yield was 2.9724%, having traded either side of 3% for the last week. Oil prices paused their overnight declines. Brent crude was little changed at $99.60 a barrel with U.S. West Texas Intermediate crude at $95.89. Leading cryptocurrency Bitcoin was up 0.23% and looked on track to snap a three-day losing streak, though at $19,478.89 was still trading below the key psychological $20,000 mark.

138 Replies 15 πŸ‘ 6 πŸ”₯

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@Mazi_P #PlutoTraders
recently

WE ARE CURRENTLY AT THE 50% MARK ON GBPJPY

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TR
@trademaster #TradeHouses
recently

By Wayne Cole SYDNEY (Reuters) - Caution gripped share markets on Monday as investors braced for a U.S. inflation report that could force another super-sized hike in interest rates and the start of an earnings season in which profits will be under pressure. An upbeat U.S. June payrolls report already has the market wagering heavily on a rise of 75 basis points from the Federal Reserve, sending bond yields and the dollar higher. Underlining the global nature of the inflation challenge, central banks in Canada and New Zealand are expected to tighten further this week. [NZ/INT][CA/INT] While Wall Street did eke out some gains last week, the market mood will be tested by earnings from JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) on Thursday, with Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) the day after. "Consensus expects 2Q S&P 500 EPS (earnings per share) growth of just +6% year/year," says Goldman Sachs (NYSE:GS) analyst David J. Kostin. "While firms will likely clear this low bar, we expect cautious commentary will prompt cuts to forward estimates." If the economy does manage to dodge recession, Kostin sees EPS growth of 8% in 2022 and 6% in 2023, with the S&P 500 index rising to 4,300. In a moderate recession, EPS could fall by 11%. On Monday, S&P 500 futures were down 0.7% and Nasdaq futures off 0.9%. EUROSTOXX 50 futures fell 1.3% and FTSE futures 1.0%. Chinese blue chips lost 1.9% after Shanghai discovered a COVID-19 case involving a new subvariant, Omicron BA.5.2.1. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.7% and South Korea 0.1%. Going the other way, Japan's Nikkei added 1.2%. Japan's conservative coalition government was projected to have increased its majority in upper house elections on Sunday, two days after the assassination of former prime minister Shinzo Abe. A major hurdle will be Wednesday's U.S. consumer price report, in which markets see headline inflation accelerating further to 8.8% but a slight slowdown in the core measure to 5.8%. An early reading on consumer inflation expectations this week will also have the close attention of the Fed. "Unexpected weakness in these releases will be required to dislodge expectations for a 75bps July 27 Fed rate rise, which lifted from about 71bps to 74bps post the payrolls report," said Ray Attrill head of FX strategy at NAB. PARITY PARTY Likewise, Treasury yields climbed around 10 basis points on the jobs report and the 10-year stood at 3.09% on Monday, up from a recent low of 2.746%. A hawkish Fed combined with fears of recession, particularly in Europe, has kept the dollar up at 20-year highs against a basket of competitors. The dollar broke above 137.00 to reach its highest since 1998 at 137.28 yen as the Bank of Japan remained dovish. The euro continued to struggle at $1.0150, having shed 2.4% last week to hit a two-decade low and major retracement target at $1.0072. "With little economic relief on the horizon for Europe, and U.S. inflation data likely to mark a new high for the year and keep the Fed hiking aggressively, we think the risks remain skewed in favour of the greenback," said Jonas Goltermann, a senior markets economist at Capital Economics. "Indeed, we think the EUR/USD rate will break through parity before long, and may well trade some way through that level." Rising interest rates and a strong dollar have been a headache for non-yielding gold, which was ailing at $1,741 an ounce, having fallen for four weeks in a row. [GOL/] Oil prices also lost around 4% last week as worries about demand offset supply constraints. [O/R] Data from China due on Friday are likely to confirm the world's second-largest economy contracted sharply in the second quarter amid coronavirus lockdowns. On Monday, Brent was trading 54 cents lower at $106.48, while U.S. crude eased 86 cents to $103.93 per barrel.

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@dros #droscrew
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New York is the first state to ever garner more than $1 billion in sports betting handle across 6-consecutive months; it has now eclipsed the billion-dollar mark in each of the 6 months since regulated wagering began; NY has generated more than $300 million in taxes in that time

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@Atlas #Emporos Research
recently

i dont want to keep tracking it , will keep the 27k position for long , and will aim at doing more 200% sizes from below that mark

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@Mazi_P #PlutoTraders
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IF THIS HOLDS ... MARK DOWN 160.750 AS SUPPORT AND KEEP IN YOUR NOTES

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@AlessioPuccio # πŸ– The Island Partner πŸ–
recently

**NZDUSD LONG IDEA** D --> Short 4H --> Short 1H --> Long Piccolo "Controtrend" (se analizziamo il grafico da una prospettiva long term), ma che ha il suo potenziale di raggiungere le zone di liquiditΓ  segnate in nero con la linea tratteggiata Siamo nella zona di Dominance 1H e il prezzo (se non ho preso un granchio) ha appena fatto un bellissimo accumulo e sembrerebbe pronto per continuare il mark-up. Abbiamo giΓ  avuto delle zone di test dove saremmo potuti entrate (non ero a grafico), ma possiamo sempre aspettare nuove occasioni che sicuramente non mancheranno

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@CarlosH-carvan #ivtrades
recently

10:40 mark if market going to lateral day .

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@NoobBot #Crypto4Noobs
recently

**ritholtz:** The Jon Stewart / Mark Twain Prize has some wonderful videos - highlights include Dave Chappell, John Oliver and Steve Carrell. Must see https://t.co/nG5S770Ug9 https://twitter.com/ritholtz/status/1540127440625975303

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@trademaster #TradeHouses
recently

By Rowena Edwards LONDON (Reuters) -Oil prices were stable on Monday, struggling to reverse last week's losses as the market balanced tightening supplies with concerns about slowing global economic growth. Brent crude futures were down 14 cents, or 0.12%, at $112.98 a barrel by 1246 GMT. Front-month prices tumbled 7.3% last week for their first weekly fall in five. U.S. West Texas Intermediate crude was up 13 cents, or 0.12%, at $109.69. Front-month prices dropped 9.2% last week for the first decline in eight weeks. "Friday’s steep price fall can be seen as a delayed reaction to the concerns about recession that have already been weighing on the prices of other commodities for some time," said Commerzbank (ETR:CBKG) analyst Carsten Fritsch. Analysts and investors said they believe a recession is more likely after the U.S. Federal Reserve approved on Wednesday the largest interest rate increase in more than a quarter of a century in an effort to contain a surge in inflation. Similar tightening approaches by the Bank of England and Swiss National Bank last week ensued. Brent crude futures on Monday touched their lowest in a month, but some analysts expect the slump to be short-lived. "Supplies will remain tight and continue supporting high oil prices. The norm for ICE (NYSE:ICE) Brent is still around the $120/bbl mark," said PVM analyst Stephen Brennock. Western sanctions have reduced access to oil from Russia after its invasion of Ukraine, which Russia calls a "special operation". While China's crude oil imports from Russia in May soared 55% from a year earlier to a record high, displacing Saudi Arabia as the top supplier, the country's export quotas have resulted in declining oil product shipments. Tight refined products markets have supported oil prices. Analysts expect limited summer increases from the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known collectively as OPEC+. Libya's oil production has remained volatile following blockades by groups in the country's east, with its output most recently pegged at 700,000 per day. Meanwhile, prospects are dwindling for Iranian sanctions relief that could result in a meaningful increase in the country's crude exports. There has been some mitigation for tight supply with the release of strategic petroleum reserves, led by the United States. U.S. production is also climbing, according to rig count data from energy services firm Baker Hughes Co.

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@NoobBot #Crypto4Noobs
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https://cointelegraph.com/news/mark-cuban-says-crypto-crash-highlights-warren-buffett-s-wisdom

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@NoobBot #Crypto4Noobs
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**howardlindzon:** $MSTR … will it fail ? I feel it would mark an interesting type of bounce. I also believe the $TQQQ triple leveraged ETF needs to fail https://twitter.com/howardlindzon/status/1536332499860742144

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@trademaster #TradeHouses
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By Alun John HONG KONG (Reuters) - The dollar edged off a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve's policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month. U.S. core consumer price growth is expected to cool a fraction, data later in the global day is set to show. Such an outcome would provide some reassurance to those hoping decades-high inflation had peaked in March and that the April pullback was not a one-off. This could give the Fed some wiggle room to raise rates less aggressively later in the year as it tries to rein in inflation without tipping the economy into recession. In the nearer term, markets expect the Fed next week to announce the second of its three consecutive 50-basis-point interest rate hikes, which has boosted the dollar in recent months. Two-thirds of respondents to a Reuters poll of analysts expected a further 25 basis point hike in September. The euro edged up 0.23% in Asia trade having touched $1.0611 early in the session, its lowest since May 23. It lost 0.92% on the dollar overnight after a volatile ECB-driven session. The dollar index, which measures the greenback against six peers, was 0.27% lower at 103.1 but still up 0.94% this week. That would mark its biggest percentage gain since the last week of April. The index "looks to have navigated a more determined and hawkish ECB with relative ease. Their plans to raise rates by 25bp in July and Sep and tabling potentially larger increments was evidently no more hawkish than expected," said analysts at Westpac. The analysts said the index looked to be settling into a range of 101 to 105, with room to test the higher end of that should the U.S. CPI data and next week's Fed meeting underscore the potential for higher U.S. yields. The European Central Bank, on Thursday, said it would end quantitative easing on July 1, then raise interest rates by 25 basis points on July 21. The ECB flagged a bigger rate increase in September unless the inflation outlook improves in the interim period. Elsewhere, the dollar gave back a fraction of its recent gains against the Japanese yen, falling 0.35% to 133.85 yen, but still in sight of its 20-year high of 134.55 hit Thursday. The Bank of Japan, unlike major peers, has repeatedly committed to keeping interest rates low, sending the yen down to within striking distance of 135.20 hit on Jan. 31, 2002. A break past that would be its lowest since October 1998. Analysts speculate Japanese investors in overseas assets are hedging less of their currency risk due to the weakening yen, extending a trend indicated by Japanese life insurers' publicly announced plans to reduce currency hedging earlier this year. Lifers' plans to reduce FX hedging is "marginally bearish" for the yen, said HSBC in a note on Friday, also lowering their dollar-yen forecast to 135 from the previous 128. The risk sensitive Australian dollar edged up 0.35% to $0.7122 but was still down 1.2% this week, hurt by declines in equity markets, while sterling gained fractionally against the dollar to $1.2513. Bitcoin was steady at $30,100.

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@lucullus #droscrew
recently

tesla without the 50% annual growth isnt priced at $1000.... if growth is say 20% or less... this market could mark them down quite a lot

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@ObiTrader #tradeobi
recently

**Attention Shifts to Economy** **Summary:** Equity markets rolled over to the weak side after a choppy session yesterday, closing at a three-day low, in part as strong US economic data yesterday, especially the May ISM Manufacturing, boosted US treasury yields sharply. Treasury yields and US data will likely remain an important focus through tomorrow’s May US ISM services report as well as the May US payrolls and earnings numbers. An OPEC+ meeting today will test markets belief in whether Saudi Arabia and other OPEC members can boost production to compensate for reduced Russian supplies. **ISM data puts more weight on Friday’s US May jobs data** - The US ISM manufacturing headline rose to 56.1 in May from 55.4, far better than expectations of a decline to 54.5. However, the employment sub-index was disappointing, falling beneath the 50.0 neutral mark to 49.6. That makes the job data out this week from ADP and NFP more interesting. While momentum is set to slow, given expectations of 325k in NFP vs. 500k odd at the start of the year wage growth remains key. **Hawkish Fed comments** - Fed's Bullard, who is undoubtedly the most hawkish Fed member, has urged other FOMC members to move to 3.5% this year. This comes after Fed’s Bostic yesterday said that he didn’t suggest a Fed put with his comments last week which led to a September pause started to get priced in. **ECB hawks are back** - ECB’s Holzmann was more vocal yesterday about the potential 50bps rate hike to be considered, after Eurozone inflation reached record highs in May. While we are now getting into a quiet period ahead of the June meeting next week, the ECB rhetoric is likely to shift to a more hawkish stance thereafter ahead of key Q3 meetings, with July widely believed to be the β€œliftoff” meeting. EURUSD has plummeted back below 1.0660 and support at 1.0640 is the next focus ahead of the US payrolls and earnings data tomorrow.

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@ivtrades-Chris #ivtrades
recently

Good morning @everyone , just a few quick notes as we get ready to kick off a new month of trading: 1) The S&P Futures are down about 30 points at the moment as Oil closes in on the 120 mark on news of European sanctions against Russian oil. We can expect to hear more talk about demand destruction as the trend strengthens. 2) The breadth and price action improved significantly last week even as the inflation/war/rate hike/recession narratives held firm. The levels to watch going into this week are 4150, 4210 & 4230 on the upside and 4110 & 4055 on the downside. 3) There are no current open positions in the IVtrades account at the moment. I have not been putting on many trades in this account recently as I have been mostly working on upgrades and attending to some personal /health issues. That will change in the coming days so you can look forward to more trades. 4) Here is this week's watchlist and please remember to read the guide. https://www.ivtrades.com/options-watchlist Let's get to work

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@dros #droscrew
recently

but this little bounce seems like it might want to cross over the 4000 mark

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@CarlosH-carvan #ivtrades
recently

$SPY nice a mark change of guard.....look nice

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@Atlas #Emporos Research
recently

not going for any profits just a fast out or a good scalp from above the mark

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Key Metrics

Market Cap

28.58 M

Beta

1.27

Avg. Volume

883.26 K

Shares Outstanding

105.16 M

Yield

0%

Public Float

0

Next Earnings Date

2022-11-14

Next Dividend Date

Company Information

Remark Holdings, Inc. delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail, financial, public safety and workplace arenas. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China.

CEO: Kai-Shing Tao

Website:

HQ: 800 S Commerce St Las Vegas, 89106 Nevada

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