A measure of inflation closely watched by the Federal Reserve continued to ease in December, the latest sign that price increases are coming back under control even as growth remains solid and the labor market healthy. In particularly positive news, a key gauge of price increases fell below 3 percent for the first time since early 2021.The Personal Consumption Expenditure price index rose 2.6% last month compared to a year earlier. That was in line with what economists had predicted and matched November’s reading.But after stripping out food and fuel costs, which can move from month to month, a “core”…
Author: MoneyFit 365
Ring, a home security camera company owned by Amazon, said it will stop allowing police departments to request videos from users on its app, amid longstanding concerns from privacy advocates about the company’s relationship with law enforcement authorities.Eric Kuhn, the general manager of subscriptions and software for the app Ring Neighbors, announced Wednesday that the company was shutting down a feature that allowed police to request and receive videos from users of the app, a social platform similar to Nextdoor and Citizen . where people can share alerts about crime near their home.Mr. Kuhn did not say why Ring was…
Enter the competition: Quantpedia Awards 2024 Await You Hi to all, Two weeks ago, we promised you a surprise and now it’s finally time to reveal what we prepared for you :). Us Quantpedia Awards 2024 aims to be the premier competition for all quantitative trading researchers. If you have an idea in your mind about systematic/quantitative trading or investment strategy and want to gain visibility in the professional scene, submit your research paper and you can compete for an attractive list of prizes. All information about the awards, submission process, panel of experts and our partners are detailed on…
Rajandran R Follow along Telecom Engineer turned full time Derivatives Trader. Mainly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading in the markets Since 2006. Using the market profile and order flow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. I strongly believe that market understanding and strong trading frameworks are key to trading success. Write about Markets, Trading System Design, Market Sentiment, Trading Software & Trading Nuances since 2007 onwards. Author of Marketcalls.in) January 26, 2024 1 minute reading We thought about converting some of the top pinescript…
How do you solve fluctuating supply problems by smoothing the flow of products? Let’s set the stage. Companies have developed a network of market-facing distribution centers (DCs) to meet customer demands for fast, unified delivery. For example, in the consumer products industry, this network of warehouses will be supplied by many factories and packers, each of which produces different products in different places. The lead time for production is much longer than customers’ expectations when they place and receive the order. The challenge is to have the right product in the market facing DC before the customer’s order arrives to…
Market Overview: S&P 500 Emini Futures The weekly chart is likely forming a bull Emini channel after the recent pullback. The next target for the bulls is the all-time high. They want a strong breakout to new all-time highs, hoping it will lead to multi-month sideways trading. Bears want a reversal from a lower high reversal of the main trend (with the all-time high) and a large wedge pattern (February 2, July 27 and January 26). S&P500 Emini Futures The Weekly S&P 500 Emini Chart This week’s Emini candlestick was a bull bar with a small tail above it. Last…
Happy Saturday Traders I hope you all have a wonderful, restful weekend. Today, I will present several new ideas, all of which have the potential to make significant directional moves. As always, I will share with you my thought process and feasible trading plans. Last week my plans and watchlist had the money and played well. You’ll notice, however, that even though the ideas went according to plan, some took longer to play out than others and adjustments had to be made regarding the schedule. There is an important lesson: trade stocks based on their price action and how they…
Vijay Nair: If you torture the data and skew it with “the slightest bit of bias” it will appear to tell you what you want it to tell you In the 1920s, at a conference full of world-renowned physicists, an amazing revelation was made – The observer can collapse the wave function (influence the outcome of an experiment). So you’re right. Similarly, anyone looking at the same data set can draw their own conclusions… 1 I like it I’m not sure I’ll make it, but I’ll be happy to try,Tell me where to start? Overtrading is definitely a way to…
An in-depth investigation by ProPublica says so Walmart Inc. (NYSE: WMT) is a major player in a vast network of fraud involving gift cards and money laundering.One notable case involved Christy Browne, a retired teacher from New York, who was tricked into buying $2,000 in Walmart gift cards in February 2020.He was led to believe he was assisting an FBI money laundering investigation. The agency said those cards were, in fact, funneled into an elaborate laundering scheme orchestrated by Chinbin ChenChinese national based in Virginia.Chen’s operation, responsible for laundering approximately $7 million in fraudulent gift cards, expanded throughout the US…
Growing up poor with kidney disease as an immigrant from Mexico, Christian Carreon’s trauma with health problems and family financial instability resulted in a drive and hunger for financial success and security through redemption in the markets. Despite suffering physical and emotional pain from his condition, his spirit and determination remained strong. He was deep into the markets, and after trial and error, he eventually refined and refined his systematic approach into a “trading box” strategy, which he explains. As an avid student of chart history, he is comfortable with specific price setups that give him the confidence to go…