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Kinder Morgan misses estimates, lowers annual profit forecast on weak prices By Reuters
By Sourasis Bose (Reuters) -Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker commodity prices and lower crude volumes. Shares of the company, whose pipelines move about 40% of total U.S. production, fell 2.6% in extended trade. “For…
Trading with a Bias vs. Trading without a Bias: A Deep Dive on How to Boost your Performance in Automatic Trading
Trading with a Bias vs. Trading without a Bias: A Deep Dive on How to Boost your Performance in Automatic Trading When engaging in trading, one crucial consideration is whether to trade with a bias or without one. This decision can significantly impact a trader’s strategy, risk management, and overall profitability. This article explores the…
Trump’s Inauguration Day: Market Impacts and Key Insights
On January 20, 2025, Donald Trump will be inaugurated as the 47th President of the United States. This historic moment is more than just a political event; it’s a day that could significantly influence global markets. Known for his strong influence on market dynamics, Trump’s policies are expected to cause notable fluctuations. This article will…
Cup & Handle Live Trading
Cup & Handle chart pattern is the most reliable in technical analysis. Its shape resembles a cup with a handle on the right side. 20+ years of trading research show that the cup and handle pattern has a 95% success rate. The cup and handle is reliable and accurate but can be difficult to identify. With our…
Asian shares are mixed as reports show improved factory outlook for China
BANGKOK (AP) — Shares were mixed in Asia on Monday, with markets in China gaining after surveys showed a slight improvement in Chinese factory data, suggesting manufacturing is holding up despite higher U.S. tariffs. Investors were awaiting further developments after the U.S. Court of Appeals for the Federal Circuit ruled Friday that Trump went too…
Fed Chair Powell: “Tariff increases will be significantly larger than expected”‘, Expect “higher inflation and slower growth”
by Calculated Risk on 4/04/2025 11:25:00 AM From Fed Chair Jerome Powell: Economic Outlook. Excerpt: Turning to monetary policy, we face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation. The new Administration is in the process of implementing substantial policy changes in four distinct areas: trade, immigration, fiscal policy,…