FlowBank
en

1001 days ago

Molson Coors beverage becomes oversold

Molson Coors Beverage (TAP), recently entered into oversold territory, hitting an RSI reading of 29.97 after changing hands as low as $51.53 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 68.8. A bullish investor could look at TAP's 29.97 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of TAP shares.

#Stocks

1001 days ago

Ark Investment is adding to its Disney stake

Cathie Wood's Ark Investment Management added to its stake in Disney, as theme parks are now reopening and Disney-licensed movies are back in theaters. The investment firm believes that Disney still has a great growth path ahead.

#Stocks
Ark Investment is adding to its Disney stake

1001 days ago

Apple shares to new record high

Apple shares rallied to close at record high on Wednesday, thanks to optimism regarding the company's growth outlook for the rest of the year. The stock gained 1.8%, closing at $144.57, neatly above the February peak. The company now has a market value of $2.4 trillion.

#Stocks #Technology
Apple shares to new record high

1001 days ago

Key Chinese tech index dropping towards bearish territory

A key indicator on the health of Chinese tech stocks is nearing the bear market as Beijing's latest crackdown pushed investors to let go of many of the country's tech giants. The Hang Seng China Enterprises Index lost 3% on Thursday, with a cumulated loss of 19% since February.

#Stocks #Technology
Key Chinese tech index dropping towards bearish territory

1002 days ago

Perrigo, a self-care wellness business, sells its pharma business for $1.55B

Perrigo (PRGO) completed the sale of its Generic Rx Pharmaceuticals business to Altaris Capital Partners for $1.55 billion, with customary adjustments. CEO Murray Kessler later said, "We are now a leading pure-play global consumer self-care company that has significant resources to invest,".

#Stocks
More live news
bg_newsletter

Client Positioning


CFDs are complex instruments and are not suitable for everyone as they can rapidly trigger losses that exceed your deposits. You should consider whether you understand how CFDs work. Please see our Risk Disclosure Notice so you can fully understand the risks involved and whether you can afford to take the risk.


This website is owned and operated by FlowBank S.A, a company regulated by the Swiss Financial Market Supervisory Authority (FINMA) and a member of esisuisse. The list of banks and securities firms authorized by FINMA can be accessed here. Depositor protection in Switzerland is provided by esissuisse for a maximum of CHF 100,000.- per client. Details concerning this protection system are explained at www.esisuisse.ch/en

FlowBank is affiliated with the Swiss Banking Ombudsman. Therefore, if you wish to initiate a mediation procedure with the Swiss Banking Ombudsman after your complaint to FlowBank, please contact the Ombudsman according to the instructions provided on its website: https://bankingombudsman.ch/en/

 

The information on this site is not directed at residents of the United States, Belgium, Canada, or any person in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

 

Trading Forex and other leveraged products carries high risks and may not be apt for everyone. Before you consider trading these instruments please assess your experience, goals, and financial situation. You could lose your initial investment, so don't use funds you can't afford to lose or that are essential for personal or family needs. You can consult a licensed financial advisor and ensure you have the risk tolerance and experience.


Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

FlowBank S.A, Esplanade de Pont-Rouge 9, 1211 Geneva 26, Switzerland
FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland