There is only one way to trade in a long-term uptrend: long. Forget about picking tops and breaks below short-term moving averages. Leaning bearish within a long-term uptrend is not a profitable strategy. Instead, we should lean bullish and use oversold conditions to our advantage. In a long-term uptrend, I am only interested in oversold conditions because these provide setups ...
The Unite union has issued a stark warning to the UK government over its controversial decision to cut the winter fuel payment for millions of pensioners, threatening to pursue a judicial review if the policy isn’t reversed. Initially announced in July and confirmed in the latest budget, this policy aims to address a £22 billion gap in public finances. However, ...
At a time when we’re all deluged with conflicting polls and statistical ties, Donald Trump’s campaign is unusually confident. The Kamala Harris operation also sees reason for optimism, with news that late deciders are breaking her way by more than 10%. But she still casts herself as the underdog. Her ‘SNL’ appearance doesn’t change that; nor does Trump saying that ...
Seventeen UK businesses, including Crate Brewery in Hackney and the British Society for Immunology, are launching a six-month trial of the four-day working week with over 1,000 employees participating. Organised by the 4 Day Week Campaign, this trial lets workers maintain full pay while working only four days each week. This follows a successful trial in 2022, where 56 out ...
Protectionist trade policies, such as those proposed by Donald Trump, may inadvertently harm U.S. manufacturing firms by increasing input costs, leading to reduced investment, according to a study from the Frankfurt School of Finance & Management. With tariffs central to Trump’s economic vision, manufacturers may face higher costs on imported goods if he is re-elected, a move that researchers suggest ...
The UK Government has launched GOV.UK Forms, a new digital tool designed to make it faster and easier for the public to access essential government services online. Following a successful pilot phase, the platform is now set for rollout across all government departments, allowing citizens to complete applications and forms online without the need for paper-based processes. GOV.UK Forms has ...
The Treasury’s bank referral scheme, intended to increase finance access for small businesses, has come under heavy scrutiny after a recent review revealed it has secured loans for only one in twenty companies referred. Under the scheme, nine major banks are required to refer small businesses they decline for loans to independent platforms that connect them with alternative finance sources. ...
In its first Autumn Budget, the Labour government has committed £500 million to improve broadband speed and mobile coverage across the UK, with a particular focus on rural areas. Chancellor Rachel Reeves highlighted that the funding will bolster ongoing projects like the £5 billion Project Gigabit, targeting 99% gigabit broadband by 2030, and the £1 billion Shared Rural Network (SRN) ...
Georgia Republicans and former President Trump’s campaign say that they are continuing to take legal action against ‘coordinated efforts’ by Democrat-heavy counties to accept ballots after the early voting period ended. A statement from the Georgia Republican Party, which was obtained by FOX Business on Sunday, detailed the party’s latest efforts to stop counties from counting ballots that were hand-delivered ...
Former President Trump’s campaign issued a clarification after he joked about shooting ‘through the fake news’ at a rally on Sunday. Speaking in Lititz,Pennsylvania,, less than two days before Election Day, Trump made the remark while speaking about the July 13 assassination attempt against him. ‘I have a piece of glass over here, and I don’t have a piece of ...