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Who Would Have Thought Toys R Us Would Be the Next Victim?
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By rosered44
Toys R Us is buried in debt and is preparing to file bankruptcy.
It’s Amazon’s fault because consumers like us would rather buy toys from Amazon than from Toys R Us. Darn! What is wrong with us?
Today’s pull back was insignificant although widely expected. The fall began on Sunday evening after the Asia open. It was gradual and slow and tiny. In the final half an hour before the New York close, it recovered 17 points rapidly amid a frenzy of buying yet again. RSI is at…
It looks like Dow Jones Transports are ready to break down. The first support area kicks in at 8250. If it does com down to this level, that is a decline of almost 10 percent. In such a scenario, the S&P 500 can also fall as much. The S&P 500…
Overview Renko Chart Trading After temporarily dipping below the 4,300 psychological barrier, the S&P 500 $SPX sought to retest the 4,356 and 4,380 resistance levels today. $SPX didn’t quite make it to the 4,260 support mark. It did, however, find some support in the 4,288 area. It was unable to…