Category: pulling
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Northvolt’s Collapse Countdown Started With BMW Pulling the Plug
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Breadcrumb links BMN Business For Northvolt AB, the Swedish startup that has become a model for the future of electric driving in Europe, the road to collapse began in June when BMW AG canceled a multi-billion-dollar order. Article writer: Bloomberg News Charles Daly, Ek Henning, Chunying Zhang, Wilfred Eckel-Durna Posted…
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Chart Art: Gold (XAU/USD) Pulling Back to Support-Turned-Resistance Zone?
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Did you miss the head and shoulders collapse we were seeing on gold prices a few days ago? The precious metal is in the middle of a correction in this area of interest! Take a look at the near-term turning points I’m watching on the 4-hour time frame: Gold (XAU/USD)…
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Investors react to Biden pulling out of presidential race By Reuters
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NEW YORK (Reuters) – U.S. President Joe Biden ended his re-election campaign on Sunday after fellow Democrats lost confidence in his intelligence and ability to defeat Donald Trump, leaving the presidential race in uncharted territory. Here are the investors’ comments: David Wagner, Portfolio Manager, APTUS CAPITAL ADVISORS LLC, Fairhope, Alabama:…
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Stocks pulling back and into negative territory
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Major US indices have now turned into negative territory: Dow Jones Industrial Average -7 points or -0.02% S&P Index -8.26 points -0.16% Nasdaq -70 points or -0.42% Yields remain low with the 10-year basis falling -5.9 to 4.494% (this week’s high was 4.638%). The 2-year yield was down -4.6 basis…