Monthly Archives: January 2018

There’s One Techincal Indicator That Works Well For Bitcoin

By | January 18, 2018

Did bitcoin finally burst, as most analysts had predicted? While the answer to that question may be hard to decipher, the most widely used digital currency may have a strong floor in place, according to a technical indicator. The world’s largest cryptocurrency plunged below $10,000 for the fir… Powered by WPeMatico

Unemployment Insurance Weekly Claims Report

By | January 18, 2018

In the week ending January 13, the advance figure for seasonally adjusted initial claims was 220,000, a decrease of 41,000 from the previous week’s unrevised level of 261,000. This is the lowest level for initial claims since February 24, 1973 when it was 218,000. The 4-week moving average was 244… Powered by WPeMatico

Philly Fed January 2018 Manufacturing Business Outlook Survey

By | January 18, 2018

Economic growth continued in January, according to the firms responding to this month’s Manufacturing Business Outlook Survey. The broadest measures of current conditions remained positive this month, although indexes for general activity, new orders, and employment declined from their readings in… Powered by WPeMatico