Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 mill...
Tag: Stocks
What’s Wrong with Facebook, Amazon and Google?
It’s a black spring for tech giants. For several weeks now, billions of dollars of market capitalization have been disappearing on a daily basis as investors’ nervousness grows. One unwe...
Crypto Bear Market Holds, Korean Crypto Exchanges warn of LTC Upgrade, Stocks Trace Upward Trend – crypto.news
Today, the crypto market went up by 1.59%, as most cryptocurrencies’ price movements appeared to weaken over the weekend, with top coins such as BTC trading below $30k. Bloomberg tweeted, “Bitcoin rec...
Insiders Call a Bottom in These 3 Stocks
Despite brief periods of respite, the markets have mostly trended south in 2022, with the NASDAQ’s 28% year-to-date loss the most acute of all the main indexes. So, where to look for the next investin...
3 Pipeline Stocks To Watch As Permian Ramps Up Gas Output
Five years after the United States became a net exporter of natural gas on an annual basis, the country’s natural gas exports, both by pipeline and as liquefied natural gas (LNG), have grown by ...
Stocks Will Sink Further, Economist Rosenberg Says
Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street economist David Rosenberg says the carnage isn’t over. “We always believed these past two years represented a...
Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive
Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data ...
Best Telecom Stocks To Buy In May
Key Insights Investors continue to search for safe-haven assets amid broad market sell-off. Telecom stocks offer solid dividend yields, which attract income-oriented investors. Verizon and AT&T ...
Banking stocks were gainers on Monday, but how long can they sustain momentum?
Stocks of major US banks made strong comebacks on Monday after remaining in the red for some weeks. JPMorgan Chase & Co. (NYSE:JPM) jumped 7%. Bank of America Corporation (NYSE:BAC) and Citigroup ...
Ray Dalio says ‘cash is still trash’…but stocks are trashier
It wouldn’t be Davos week without a CNBC exclusive interview with Bridgewater Associates’ Ray Dalio, the founder of the world’s largest hedge fund by assets under management and one of the most closel...
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-vehicle maker in her May 23 trading. Ark also bought and sold some familiar names. A...
Recession won’t strike stocks despite ugly market
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI’s Julian Emanuel wants to put money to work. He calls the market environment very ugly, but he believes ...
FTX Is Said To Be Looking For Brokerages In Order To Start Trading Stocks
FTX organizer and CEO Sam Bankman-Fried (SBF) documented a proclamation with the Securities and Exchange Commission (SEC) in late April expressing that he had expanded his premium in well-known retail...
Goldman Strategist Says Stocks Will Bottom Once Fed Signals Shift
(Bloomberg) — US equities may see more losses before the Federal Reserve signals end to monetary tightening, according to Goldman Sachs Group Inc. and Bank of America Corp. strategists. Most Rea...
In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce
Another equity selloff is brewing as a warning from Snapchat’s parent has triggered broader panic, with fears Snap is the next canary in the coal mine for tech. Or it just may be another excuse to sel...
Snap Snags Growth Stocks While NetEase And Kuaishou Beat Expectations
China Last Night KraneShares Key News Asian equities curbed the enthusiasm we saw in US equities yesterday as only Indonesia managed a positive day. Asian growth stocks were hit hard following Snap’s ...
Carvana Is a Great Business (But a Terrible Stock to Invest In)
I’ll never buy a car from any business aside from Carvana (CVNA) – Get Carvana Co. Class A Report ever again. That’s how my wife and I have purchased our last three cars and it’...
Firms to watch with housing shortage set to benefit homebuilder stocks
Ariel Skelley | Digitalvision | Getty Images The double whammy of a declining stock market and rising interest rates has been pummeling homebuilder stocks this year, resulting in rock-bottom valuation...
Best 3 defensive stocks to buy as the S&P nears a bear market
American stocks are not doing well. On Friday, the S&P 500 moved close to a bear market and analysts believe that this will happen in the near term. The Nasdaq 100 index is doing much worse, havin...
3 beaten-down tech stocks to avoid at all cost
Technology stocks have had a difficult period this year as concerns about high-interest rates continue. The Nasdaq 100 index has crashed by about 30% from its all-time high and is trading at the lowes...
Shipping Stocks: Red-Hot Star Bulk, Diana Shipping Report Amid Shortages, China Curbs
Commodities ocean shippers Diana Shipping (DSX) and Star Bulk Carriers (SBLK) report first-quarter earnings on Tuesday. Both shipping stocks rose ahead of the results, and Diana Shipping was in a buy ...
These 2 Oversold Stocks Are Poised for a Rebound, Say Analysts
The last few months, with the exception of some short bullish trading runs, have been brutal for the stock market. The NASDAQ has already entered bear-market territory, with a loss of ~26% so far this...
Mark Zuckerberg Could Pay for 2016 Election Scandal Personally
Mark Zuckerberg could be the one to pay for the past sins of Facebook. After Donald Trump’s U.S. Presidential election victory in 2016, Facebook was accused of letting Cambridge Analytica, a co...
Markets: The Correction Is Not Over Yet
The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said. The Dow rose by 618 points or 1.98% on Monday following Friday’s downturn that ...
Dow Jones Jumps As Biden Says This On China; JPMorgan Chase Leads Bank Stocks Higher
The Dow Jones Industrial Average rallied on comments by President Joe Biden, with Apple (AAPL) one of the top performers. JPMorgan Chase (JPM) led bank stocks higher after the firm gave bullish guidan...
Stocks rise to recover from bear market brink
U.S. stocks rose Monday, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden...
Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300
The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market built on sand, not concrete. And fr...
Opinion: Snap’s warning of a weaker outlook sends ripples through tech stocks
An unexpected warning about the deteriorating economy by Snap Inc. Chief Executive Evan Spiegel rippled through internet and social-media stocks late Monday, potentially ruining the market’s comeback ...