Banks

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not move upwards or downwards significantly last week, though the outlook remains bearish. Last week was the week in which the FX markets consolidated the most this year, with certain pairs and crosses not going up or down by 50 pips throughout […]

“You do not need a PhD in math or physics to be successful in the stock market, just the right knowledge, a good work ethic, and discipline.” – Mark Minervini Imagine. There’s someone who borrowed a total of $13 million to make a movie. She’s a credit officer at a big financial institution who’s helped […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair dropped 300 pips last week, testing the support line at 1.0700. The largest southwards movement last week occurred on Friday – a result of positive fundamental figures coming out of the US. The outlook on the pair remains bearish, which would be […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 16 “…Remember to view setbacks, losses and failures as learning opportunities. All great achievers have made innumerable mistakes and have failed, that is what provided the “experience” and the “education.” – Dr. Woody Johnson Name: Louis Bacon Date of birth: July 25, 1953 Nationality: American Occupation: […]

It is interesting to see that Bitcoin is strengthening seriously against USD (BTCUSD). Now that certain pairs and crosses are choppy, consolidating, and reversing, it is a surprise that Bitcoin is rallying significantly against USD. The cryptocurrency formed a solid base in the month of September. From that base a strong rally has started, which […]

What are the details? Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the completion of the acquisition of Grand Bank, Dallas, Texas. As of June 30, 2015, Grand Bank reported total assets of $608.6 million, total deposits of $507.1 million, and total equity capital of $41.6 million. Grand Bank is […]

After testing the accumulation territory at 1.5250, the Cable spiked upwards last week. However, the overall bias remains bearish and it cannot be rendered invalid unless the distribution territory at 1.5500 is overcome. Until that happens, any rallies could be taken as mere long squeezes (transitory rallies). EUR/USD: This pair tested the support line at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair first moved sideways in the first few days of last week, and then price broke down again on October 28, reaching the support line at 1.0900. From that support line, price has bounced upwards a bit, testing the resistance line at 1.1050. […]

Carolina Bank Holdings, Inc. (NASDAQ:CLBH) today reported third quarter 2015 results with highlights. Third Quarter 2015 Financial Highlights – Net income of $1,436,000 in the third quarter of 2015 increased 41.9% from $1,012,000 in the third quarter of 2014. Net income for the nine months ended September 30, 2015 and September 30, 2014 was $4,731,000 […]

BINARY OPTIONS MYTHS VERSUS REALITIES “To be successful, you must keep in mind that the only way you can continue to operate is to protect your account from a major setback or, worse, devastation. Avoiding large losses is the single most important factor for winning big as a speculator. You cannot control how much a […]