Took only 1 trade, but with size. $Intel(INTC)$ looked like a good short with struggling near 60min resistance and R3 with the most bearish ladder I've ever seen. Added on the new body low, when it couldn't break 25.08. Squeezed me out hard
Rolls-Royce shares soar 23% after annual results beat expectations. Once the headline came out, people who can afford or cannot afford Rolls-Royce were shocked. In fact, Rolls-Royce's main business is aero-engines, now Rolls-Royce's car trademark already belongs to $Bayerische Motoren Werke AG(BMWYY)$. The jewel in the crown of the industry: the engine that saved BritainIn 1906, two engineers set up a company in Manchester, England, with the aim of building automobiles.Later, in response to national demand, the company became involved in the aero-engine business, producing the Eagle engine that was used extensively in World War I Allied aircraft.By the end of the 1920s, aero engines had become the company's main business, and Hurricane and S
Rolls-Royce shares soar 23% after annual results beat expectations. Once the headline came out, people who can afford or cannot afford Rolls-Royce were shocked. In fact, Rolls-Royce's main business is aero-engines, now Rolls-Royce's car trademark already belongs to $Bayerische Motoren Werke AG(BMWYY)$. The jewel in the crown of the industry: the engine that saved BritainIn 1906, two engineers set up a company in Manchester, England, with the aim of building automobiles.Later, in response to national demand, the company became involved in the aero-engine business, producing the Eagle engine that was used extensively in World War I Allied aircraft.By the end of the 1920s, aero engines had become the company's main business, and Hurricane and S
The minutes of the meeting are coming on Thursday! Fed may be more hawkish than expected, dousing hopes of a pause in rate hikes.Michael Kramer, founder of Mott Capital Management, thinks the minutes of the February Fed meeting could show a sharp rise in interest rates.Kramer said this week's Fed meeting minutes could bring some surprises to investors, but more importantly, it could shed light on the Fed's plans for the path of rate hikes.Fed Chairman Jerome Powell said at the FOMC meeting that the minutes will reveal the Fed's discussions on deciding when to stop the rate hike cycle.A big surprise may be that not all Fed members agree to slow down the pace of rate hikes. Last week, Cleveland Fed President Mester and St. Louis Fed President Bullard noted that they were leaning towards a 50