Written by Investing.com Staff, Investing.com
Investing.com Technical Analysis (as of Thur, 23 February 05:20pm EST)
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 23 February U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
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from The Conversation
-- this post authored by Ken Sayers, Georgia State University
Reconstructions of human evolution are prone to simple, overly-tidy scenarios. Our ancestors, for example, stood on two legs to look over tall grass, or began to speak because, well, they finally had something to say. Like much of our understanding of early hominid behavior, the imagined diet of our ancestors has also been over-simplified.
Infographic Of The Day: Guide To Tipping
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Written by Sig Silber
NOAA has a "much above average" level of confidence in their 6 - 10 Day Outlook and I do not believe that such a high level of confidence is justified. The pattern in the Eastern Pacific that controls teleconnections is in transition which to me means that there are too many moving parts to be maximally confident. Further out, there are AO/NAO uncertainties. The Northeast U.S. may be the area with the most uncertainty.
23Feb2017 Market Close: Wall Street Closes Mixed Near The Unchanged Line, Nasdaq Closed Down Fractionally, The DOW Closes Up 35 Points, Crude And The US Dollar Remain Mostly Unchanged
from William K. Black, New Economic Perspectives
Kenneth Arrow, one of the giants of economics, has died at the age of 95. He became a Nobel Laureate in 1972. As a young lawyer in 1977, I saw him in action as an expert witness on the subject of risk. The context was setting the rates for shipping oil through the Trans-Alaska Pipeline System (TAPs). Arrow testified about the risks of oil prices falling. The FERC administrative law judge thought such a scenario was ridiculous. Within four years, oil prices fell sharply. Arrow's experience was a common one for economists dealing with lawyers - the ALJ ignored him.
Written by Gary
U.S. stocks edged higher in today's session, then slipped to mixed (SPY +0.1%). Wall Street was buoyed by energy stocks and a renewed pledge by President Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.
23Feb2017 Market Commentary: US Markets Gap Up At The Opening, Crude Prices Move Higher, Some Analys
Of the three regional manufacturing surveys released for February, all are in expansion..