Relative Strength Index (RSI) A widely used technical analysis indicator, the Relative Strength Index (RSI) gauges the momentum and strength of a stock. The concept was developed by J. Welles Wilder in 1978. RSI is determined by comparing relative strengths, normally over the past 14 trading days. The general methods for calculating RSI are as…Read more
SoFi Hong Kong Blog
The Fed’s Favorite Inflation Measure Last week, the Federal Reserve announced its final interest rate decision of 2023. The central bank held the federal funds rates steady for the third meeting in a row, and signaled rate cuts may come in 2024, driving the Dow Jones Industrial Average to all-time highs. But of course, these…Read more
Making History It’s a new dawn for the fight against climate change. Government officials from almost 200 countries approved a deal Wednesday, calling for nations around the world to begin to wind down the use of fossil fuels. After 30 years of annual climate summits, the agreement made at the 2023 United Nations Climate Change…Read more