IBT Staff Reporter

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Judge rules against

A judge on Friday ruled that an advocacy group for child actors can seek to have a guardian appointed to oversee the financial interests for the octuplets of Nadya Suleman, dubbed

Arctic Monkeys lean toward darker rock on 'Humbug'

New York's heat and humidity are going through the roof as singer/guitarist Alex Turner and drummer Matt Helders hunker down to face the media at an Italian eatery in the heart of the Meatpacking District, but that's not about to stop them from ordering hot tea. No wonder Arctic Monkeys' label boss calls them

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Josh Zetumer has signed on to pen the fourth installment of the

Q&A: John Fogerty returns to roots with Rangers

Attempting to sum up John Fogerty's musical career in a few lines feels incomplete at best. As the frontman for Creedence Clearwater Revival, he brought bluesy swamp rock to the hippie masses; as a solo artist, he's done everything from sharp political tracks to perhaps the greatest baseball tune ever (

MACD - Moving Average Convergence Divergence

With an MACD chart, you will usually see three numbers that are used for its settings. The first is the number of periods that is used to calculate the faster moving average. The second is the number of periods that are used in the slower moving average. And the third is the number of bars that is used to calculate the moving average of the difference between the faster and slower moving averages.

Moving Averages

n the realm of technical indicators, moving averages are extremely popular with market technicians and with good reason. Moving averages smooth the price action and make it easier to spot the underlying trends. Precise trend signals can be obtained from the interaction between a price and an average or between two or more averages themselves.

Elliott Wave

According to the Elliott Wave Theory, stock prices tend to move in a predetermined number of waves consistent with the Fibonacci series. Specifically, Elliott believed the market moved in five distinct waves on the upside and three distinct on the downside. The basic shape of the wave is shown below.

Fibonacci

Fibonacci retracement is a very popular tool among technical traders and is based on the key numbers identified by mathematician Leonardo Fibonacci in the thirteenth century. However, Fibonacci's sequence of numbers is not as important as the mathematical relationships, expressed as ratios, between the numbers in the series. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by...

German politicians blast GM for delaying Opel deal

German politicians reacted angrily on Saturday to the failure of carmaker General Motors to choose a buyer for its German unit Opel, prompting an appeal to the United States government to help broker a solution.

Obama to visit China mid-November

President Barack Obama will visit China in mid-November, the new United States ambassador to Beijing said on Saturday, setting a date for a big summit likely to tackle the global economy, North Korea and climate change.

Percentage Retracements

Market trends seldom take place in straight lines. Most trend pictures show a series of zig-zags with several corrections against the existing trend. These corrections usually fall into certain predictable percentage parameters. The best-known example of this is the fifty-percent retracement.

Pakistan's war-displaced lament Ramadan in camps

As the Muslim month of Ramadan begins, tens of thousands of Pakistanis forced to flee their homes by war against the Taliban will have no choice but to languish in camps or host families over the religious period.

Bill brushes Bermuda, on path off U.S. East Coast

Hurricane Bill doused Bermuda with rain and battered its shores with powerful surf on Saturday as it moved on a path off the U.S. East Coast, where a tropical storm warning was issued for coastal Massachusetts.

Reversal Day

Another price formation is the key reversal day. This minor pattern often warns of an impending change in trend. In an uptrend, prices usually open higher, then break sharply to the downside and close below the previous day's closing price.

Obama again tackles myths on healthcare reform

President Barack Obama hammered away at outrageous myths about his healthcare reform plans on Saturday, seeking again to take control of a debate that has tarnished support for his top domestic policy goal.

Fed's rate path, inflation aims may clash: economist

The U.S. Federal Reserve's stated intention to keep interest rates exceptionally low for an extended period may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.

Afghan election fair, but not free: EU

Afghanistan's presidential election was generally fair but not entirely free because of Taliban intimidation and violence that kept turnout low in the south, European monitors said on Saturday.

Gaddafi hugs Lockerbie bomber; Britain denies deal

Libyan leader Muammar Gaddafi hugged the convicted Lockerbie bomber and promised more cooperation with Britain in gratitude for his release, while London and Washington condemned his hero's welcome home.

Obama to raise 10-year deficit to $9 trillion

The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.

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