Almost all bitcoin mining stocks tracked by The Block trended upwards, some above 20%, as bitcoin climbed over $20,000. The cryptocurrency was trading at around $20,200 at market close, according to d...
Tag: stock market
A Rising, or ‘Strong Dollar’ Is Not What’s Holding Down Equities
If you’re a Forbes or a Forbes.com reader, odds are you’re an investor. And if you’re an investor, you’re likely familiar with the popular narrative at the moment that a rising dollar helps explain tr...
Bitcoin mining stock report: Friday, September 30
Most bitcoin mining firms tracked by The Block trended downward Friday. Bitcoin’s price rose above $20,000 before falling to $19,000 around market close, data from TradingView show. Mawson Inf...
The Stock Market Has Risen After Every Midterm Election Since 1950
Washington DC – Capitol getty It’s easy for investors to be gloomy following a rough September in which the S&P 500 Index tumbled 9.2%. That marked the worst September showing since 2002, wh...
Today’s Stock Market Turmoil Is A Bullish Confirmation
Swirling arrows atop green light getty First and foremost, know this: The U.S. economy and financial markets are not tanking. They are undergoing a massive change that will provide not only investment...
Bitcoin mining stock report: Thursday, September 29
Most bitcoin mining stocks tracked by The Block trended downward on Thursday. Bitcoin sunk below $18,000 in the morning but rallied throughout the rest of the day, trading at around $19,400 during mar...
Four Reasons Why The Federal Reserve Is Tightening Into A Recession
What is Jerome Powell thinking? Getty Images For the first time since the early 1980s, the Federal Reserve is tightening into a recession. The economy is slowing quickly, and leading economic indicato...
Bitcoin mining stock report: Tuesday, September 27
Most bitcoin mining stocks tracked by The Block rose on Monday. The coin surpassed $20,000 earlier in the day, but it fell back to roughly $19,000 at around 12 p.m. EST, according to data from Trading...
Two Key Dates Will Reveal U.S. Stock Market’s Fate
Studying the stock market’s movements getty Frustrated, puzzled and concerned about this sinking stock market? Hang on. It is in an important two-week period that should provide better understan...
Why Is Consumer Confidence Ticking Up Again—And What Does It Mean For The Markets?
Getty Images Key takeaways The Conference Board’s Consumer Confidence Survey results show consumer confidence rising from 103.6 in August to 108.0 in September Consumers are also overall more positive...
Bitcoin mining stock report: Monday, September 26
Most bitcoin mining companies saw their stocks fall on Monday, although many of them also trended upwards. Bitcoin was trading at around $19,000 during market close, according to data from TradingView...
Weakening Stock Market Worsened By Strong Dollar
Foreign inflows into the U.S. securities market, including stocks, helped drive up the dollars value … [+] against core currencies. Now it’s a headwind. (Photo by China Photos/Getty Images...
Bitcoin mining stock report: Tuesday, September 20
Almost all bitcoin mining stocks fell Tuesday along with the value of the cryptocurrency, which at market close was priced at around $19,000. Bitcoin has mostly been trading below $20,000 for the pas...
Fed Hikes Rates By 75 Basis Points—Here’s Why It’s Not All Doom And Gloom For Investors
Near-term risks remain high, but investors who stay focused on the long-term have historically been rewarded. Manuel Balce Ceneta/Associated Press In a widely expected move on Wednesday, the Federal R...
How Does Microsoft’s Dividend Increase Affect Investors?
Getty Images Key takeaways Tuesday, Microsoft announced a 10% dividend increase for shareholders on record on 17 November, bringing its per-share payout to $0.68 Microsoft’s dividend increase puts it ...
In The Fed’s Inflation Fight, Biotech May Be The First Casualty
Serious thought should be given to the effect the anticipated Federal Reserve 0.75% rate hike will have on the biotechnology industry and consequently on the health of the nation. Given we are in the ...
Bitcoin mining stock report: Friday, September 16
Most bitcoin mining stocks fell Friday as bitcoin itself continued to trade below $20,000. The cryptocurrency was priced at around $19,700 at market close, according to data from TradingView. Bit Digi...
Gloom Or Doom For Global Economy? Vanguard Gives 65% Recession Odds
Wall Street is daring Fed Chairman Jerome Powelll to stop raising rates. But without a real … [+] recession and with inflation at 40 year highs, why stop now? (Photo by Kevin Dietsch/Getty Image...
Stock Market Bulls – It’s Your Turn
A light beckons on Wall Street getty This is it – the timely signal that people say “never” sounds. You know – the announcement that the stock market is at a bottom, so “...
Bitcoin mining stock report: Thursday, September 15
Most mining companies trended downward alongside bitcoin, though a handful traded higher. Bitcoin was trading at around $19,800 at market close, according to data from TradingView. Stronghold Digital ...
Two-Year Treasury Spikes, Signaling ‘Severe Economic Slowdown’
Markets in decline as the inverted yield curve in the U.S. just became even more inverted. (Photo … [+] by Spencer Platt/Getty Images) Getty Images The inverted yield curve is now even more inve...
‘Devastating Recession’— $1.5 Trillion Wipeout In Stock Market Can Be Just The Beginning As S&P 500, Nasdaq, And Dow Nosedive
Stock market AFP via Getty Images What’s up with the neck-breaking roller coaster in stocks? Last Tuesday, stocks broke a month-long bearish streak and launched into a rebound. Over a week, the S&...
Here’s What Happens To Stocks When The Fed Raises Rates By 100 Basis Points
Federal Reserve Chair Jerome Powell Brendan Smialowski/Pool via ASSOCIATED PRESS Stocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged...
Investors Face 2 Serious Headwinds As Stocks And Bonds Perform Poorly In 2022
Tired or stressed businessman sitting on the walkway in panic digital stock market financial … [+] background getty Sometimes stocks do well, and bonds underperform. Some years bonds do well, an...
Bitcoin mining stock report: Tuesday, September 13
Most of the bitcoin mining stocks tracked by The Block were down on Tuesday as the coin plunged from $22,700 in the morning, following the news that U.S. inflation rose 8.3% year-on-year, above estima...
U.S. Stocks Plummet Amid Worse Than Expected Inflation Data
NEW YORK – OCTOBER 07: A bronze statue of a bull fighting with a bear is displayed at the Museum of … [+] American Finance October 7, 2008 on Wall St. in New York City. An affiliate of the...
Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes
Topline The stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Fed...
Bitcoin mining stock report: Friday, September 9
Bitcoin mining stocks went up on Friday, some by double digits, as the coin’s price jumped up from $19,400 the day before. Bitcoin was priced at around $21,200 at market close, according to data...
Bitcoin mining stock report: Thursday, September 8
Most bitcoin miners saw their stocks rise on Thursday, as the coin’s price stayed above the $19,000 mark. Bitcoin’s price was close to $19,400 at market close, according to data from Tradi...
Stocks Rally Even After Powell Reiterates That Fed Will Keep Raising Rates
Topline The stock market rose slightly on Thursday even as recession fears continued and investors assessed comments from Federal Reserve Chair Jerome Powell, who pledged that the central bank is “str...
Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates
Topline The stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more ...