
More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
2021-02-17 • Updated
Walmart will report its earnings for the fourth quarter.
The report will be out this Thursday before the markets open at 14.00 MT time (GMT+2). Note that the stock trading is available from 16:30 MT time.
The world's biggest retailer is expected to report earnings of $1.51 a share. Investors widely expect Walmart to exceed expectations due to the huge sales during the holiday period and the company’s progress in e-commerce. The earnings result will prove whether Walmart can keep race with such e-commerce giants like Amazon or not.
Walmart has been dipping since November, but hopefully, better-than-expected earnings results will help the stock to escape the current descending channel. The break above the high of February 9 at $.146.50 will drive the stock to the high of January 12 at $150.00. Support levels are $143.00 and $139.00.
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More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Institutional investors speak about further growth in the stock market. In the exact market that has doubled since COVID-19 and doesn’t plan to stop. Is it possible?
Let's dive into the latest developments shaping the global economic landscape. Good news first: the threat of an unprecedented US debt crisis has receded, as US lawmakers passed a bill to raise the debt ceiling and avoid a catastrophic default. Phew! But don't pop the champagne just yet, because storm clouds are still looming. High inflation, rising interest rates, and sluggish growth are challenges that have yet to disappear.
Thanks to the incredible advancements in horizontal drilling and fracking technology, the United States has experienced a mind-blowing shale revolution. They've become the heavyweight champion of crude oil production, leaving Saudi Arabia and Russia in the dust. They even turned the tables and became net exporters of refined petroleum products in 2011.
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
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