News

News - November 22, 2024

Photo by David Everett Strickler / Unsplash

Politics & Health Policy

Trump's Appointments: Donald Trump announced plans to nominate three doctors to guide health policy. He also selected Russell Vought, a key figure behind Project 2025, for a budgetary role, indicating his focus on reshaping federal budgeting. Additionally, Scott Bessent is picked as Treasury Secretary.
Labor Policy Debate: Trump faces criticism for his labor policies, with claims he prioritizes unions over workers.

Business Developments

Major Deals:
- A takeover battle surrounds 7-Eleven, valued at $47 billion.
- Jersey Mike's is set for an $8 billion sale, marking a significant milestone for the franchise.
Corporate Changes:
- Grant Thornton lays off employees, its first major move post-private-equity
- acquisition.

What exactly is PIP?

A pip (percentage in point) is a unit used to measure the smallest price movement in the exchange rate of a currency pair in forex trading. It represents a change in the fourth decimal place of most currency pairs, although exceptions exist (e.g., for pairs involving the Japanese yen)

Why do some people love indicators and others hate them?

People get into debates about indicators because everyone has their own way of looking at the market, and some just love to hate on anything that’s not their way. The crucial thing to remember is that you should only take advice from profitable traders. On the internet everyone has

News - November 21, 2024

Business & Corporate Developments: * McDonald's ($MCD): McRib returns to the menu. * Jersey Mike's: Acquired for $8 billion. * $AAL: Introducing a "Gate Lice" alarm to improve boarding efficiency. * $NVEE: Awarded $14 million in Southern California infrastructure contracts. * $JAZZ: Receives FDA approval for cancer therapy Ziihera.

Hey. Beginner question. [AI Trading]

So if trading is basically a technical analysis of the chart. Why do we have to learn it, can't the Ai do all the stuff for us and we just pour in money? The fundamental problem is the “AI” you’re thinking of isn’t AI. It’s