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Buyers Keep Shorts At Bay

Just when it looks like shorts may have something to attack, buyers step in to make up the lost ground. The rally is out on a limb, but not enough to place it at the outer extremes of historic price action. So while there hasn't been any big pullback since the election, there isn't much to suggest a pullback is coming soon ...

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Egypt annoyed as Britain continues suspension of flights

Egypt expressed frustration on Saturday at Britain's refusal to lift a suspension of flights from the United Kingdom to the Red Sea resort of Sharm al-Sheikh, imposed after Islamic State brought down a Russian airliner in 2015. The issue of airline security came up in talks involving visiting British Foreign Minister Boris Johnson, Egypt's President Abdel Fattah al-Sisi and Foreign Minister Sameh Hassan Shoukry...

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How to make use of Swing Trading Strategy?

Summary: Swing trading is known to be much better to beginners compared to scalping. Though scalping is alluring, but it can be destructive too. Body: While trading in money market, you will to invest a good amount of time. Therefore, it is often considered to be best to choose swing trading rather than scalping. Scalping is known to be a confident approach which appears to be very appealing, but can also...

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The Hot Stock: Foot Locker Rises 9.4%

Foot Locker (FL) was the best performing stock in the S&P 500 on Friday, following its  fourth quarter results. Getty Images Foot Locker rose $6.43, or 9.4%, to $75.01, while the S&P 500 rose 3.53 points, or 0.15%, to 2367.34.

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Oil: Keep an Eye on Saudi Pricing

WTI crude is down 0.83% to around $54, weighing down energy stocks. The iPath S&P GSCI Crude Oil ETN (OIL) and United States Oil (USO) declined 0.65% and 0.52%, respectively. Meanwhile, the Energy Select Sector SPDR (XLE) is down 1.13%. Almost half of the XLE's assets are in its top five holdings, including supermajors ExxonMobil (XOM), Chevron (CVX), and ...

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Hillary Clinton calls for ‘resistance and persistence’ from Democrats

In a video released Friday, Hillary Clinton encouraged Democrats to “move forward with courage, confidence and optimism” as the party prepares to rebuild after losing the White House and failing to gain majorities in either house of Congress in the November elections. The three-minute video was posted online shortly after it was greeted with applause at a Democratic National ...

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First It Was Bricks and Mortar Clothing Stores, But Now The Manufacturers Are Dying Too?

Put me in the camp that thinks the death of bricks and mortar retail stores is being greatly exaggerated. It is true that e-commerce is here to stay, but people seem to forget that most of the online clothing and accessories shopping is done on store sites that have a physical presence. The notion that Amazon private label clothes are going to render great American brands useless seems a...

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