Alex Dovbnya Bitcoin’s shaky recovery ended up being extremely short-lived Bitcoin, the leading cryptocurrency, has dropped to a new intraday low of $29,105 on the Bitstamp exchange. It spiked t...
Tag: Stocks
20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May ...
Microsoft Has a Nice Surprise for Employees
In 1977, the song “Take This Job and Shove It” hit number one on the country music charts and stayed there for two weeks. Today’s workers may not know the song, but many of them are ...
Why I’m Not Worried About the Stock Market Crash
We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s import...
Which Top-Performing Dividend Stocks Look Most Attractive?
High-yield dividend stocks have been viewed more favorably than high-multiple growth stocks these days. After yet another month of excessive market-wide selling, the yields of many top dividend stocks...
‘Robinhood’ investors are ‘going to get their heads handed to them,’ as stocks on verge of bear market, says ‘Godfather’ of chart analysis
A bear market for the S&P 500? The stage certainly appears to be set for one, as equity benchmarks bounced around on Friday, posting weekly declines after a whipsawing session. Prominent market te...
Stocks end volatile session flat but log longest weekly losing streak since 2001
U.S. stocks ended a volatile session little changed on Friday, but still logged steep weekly losses. The S&P 500 posted its longest weekly losing streak since the dot-com bubble burst, as concerns...
Nomura now expects the Fed to hike interest rates by 75 points in June and July — here are 3 stocks to help protect your wealth this summer
Nomura now expects the Fed to hike interest rates by 75 points in June and July — here are 3 stocks to help protect your wealth this summer The Federal Reserve has voiced its desire to calm spiking in...
Bitcoin, Ethereum Reach Extremely High Correlation with Stocks, What This Means for Price
Tomiwabold Olajide Bitcoin (BTC) and Ethereum (ETH) continue to maintain an extremely high correlation with stock markets According to recent data shared by IntoTheblock analytics, Bitcoin (BTC) and E...
Billionaire Ray Dalio Pulls the Trigger on These 2 ‘Strong Buy’ Stocks
When legends speak, people listen – and few investors match the legendary status of Ray Dalio. The founder of Bridgewater Associates has built his firm from a 2-room apartment operation into the world...
S&P 500 Plunges Into Bear Market As Stocks Fall For Seventh Week In A Row
Topline The stock market tanked on Friday, adding to heavy losses this week that pushed the S&P 500 into a bear market, down over 20% from its intraday peak in January as investors continue to get...
Shopify and 5 More Stocks That Aren’t as Cheap as They Look
Text size As stocks tumble, investors should know how GAAP earnings can reveal flaws in seemingly attractive companies, such as Lyft. David Paul Morris/Bloomberg Stocks are tumbling and bargains aboun...
Inflation in Canada and US, Russia’s Crumbling Economy, and Tech Stocks Underperforming in China – crypto.news
Inflation fears continue to rise in the US as stocks fall sharply, losing earnings, and growth stagnates. This is the most significant daily drop in US stocks in over two years. Bloomberg noted that i...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Gold, Stocks, and Bitcoin: Weekly Overview — May 19
Be[In]Crypto brings you this week’s price movements for gold, stocks, and Bitcoin (BTC) – our stock pick this week is Coinbase. BTC As badly as Bitcoin (BTC) has performed recently, the pa...
China Stocks Face Big Risk as Thousands of Hedge Funds Near Point Where They Have to Dump Shares
(Bloomberg) — China’s almost-trillion dollar hedge fund industry risks worsening the turmoil in its stock market as deepening portfolio losses trigger forced selling by some managers. Most Read ...
Short Sellers Line Up Against Stocks as Bearish Bond Bets Vanish
(Bloomberg) — High-profile warnings over a possible US recession has investors bracing for a slowdown. Most Read from Bloomberg Short interest in the $352 billion SPDR S&P 500 ETF Trust (tic...
Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks
Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before slowed further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Musk blasts ES...
Nvidia Stock Is Less Than Half Its Recent High. Is It Now a Buy?
In the fourth quarter, Nvidia (NVDA) – Get NVIDIA Corporation Report stock was hitting all-time highs. The graphics-chip specialist was joined by Advanced Micro Devices (AMD) – Get Advan...
Warren Buffett is holding these stocks for the massive free cash flow — with inflation near 40-year highs, you should too
Warren Buffett is holding these stocks for the massive free cash flow — with inflation near 40-year highs, you should too Wall Street pays a ton of attention to company earnings. But reported earnings...
S&P 500 falls again as bears push stocks toward another losing week
US stocks continued to sell off on Thursday as a volatile trading day ended with the major indexes down again. After closing lower by 4% on Wednesday, the S&P 500 gave up late gains to close 0.6% ...
Goldman Sachs Says Buy These 2 Dividend Stocks; Here’s Why
Since early this year, Wall Street has faced a storm of macro headwinds that have turned last year’s bullish run into a bearish trend. Year-to-date, the NASDAQ is down 27%, and the S&P, with a los...
Here’s The Worst Case Scenario For Stocks, According To Goldman, Deutsche Bank And Bank Of America
Topline Amid heightened recession fears, major Wall Street firms now warn that the ongoing market selloff, which is on track for seven consecutive weeks of losses, could get much worse—with stocks set...
Stocks slammed by ‘chain reaction’ — here’s what pros are saying
Horror has returned to Wall Street trading desks and the portfolios of the average investor. “Wednesday’s sell-off really seems like a chain reaction, with the weakness in retailers feedin...
The Best Dividend Stocks, Bull Or Bear
Pile of white pills on blue background getty I remain a big fan of cash right now. I know, I know. I’m not supposed to say this in a stock-focused column like this. “But Brett,” I can hear the rebutta...
Fed isn’t focused on impact of rates on stocks, Esther George Says
Kansas City Federal Reserve President Esther George said Thursday that higher interest rates are needed now to bring down inflation and policymakers are not focused on the impact that is having on the...
Two stocks that stand to gain as fuel ready to hit $6 a gallon at the pump
National gasoline prices hit $4.57 on Wednesday, May 18, while in California and other states, prices are over $6.00. Elevated oil prices should not bear the sole blame for this; reduction in oil refi...