A 2020 Winner in Asia’s Stock Market Is Now the Biggest LoserWhile technology stocks continue to front Asia’s equity rally, one hot sector from 2020 has fallen to the bottom of the leaderboard: health care.
What Is Next For Silver/Gold? Follow Treasuries and CommoditiesOne key aspect we found very interesting is how Silver recovered moderately slowly in 2009~10 before launching into an incredible breakout rally in late 2010.
The Week Ahead – Economic Data and Capitol Hill in FocusIt’s a relatively busy week ahead on the economic calendar. COVID-19 news and progress towards a U.S relief package will also influence the markets.
Global Financial Markets Steady Early Monday Amid Rising Global Bond YieldsWe’re looking at a slow start to the financial markets on Monday with shares in Asia muted as traders assess rising global bond yields and fresh data showing that some vaccines reduce transmission of COVID-19. Currencies were mostly steady, suggesting investors haven’t committed to a “risk-on” or “risk-off” scenario yet.
SP500 Analysis – A Pullback on its Way?No doubt, the SP500 is in a long-term bullish trend till we have low interest rates and Fed supports the market. But, what about the short-term tendency?
Barrick And Buffett – A Different PerspectiveThe roundtrip is now complete and the entire voyage took less than a year. When Berkshire Hathaway acquired nearly 21 million shares of Barrick Gold in Q2 of 2020, people took notice.
2 timeless lessons for investors from the past year: Morning BriefThings can go badly fast, but the market will look forward
Stock market news live updates: Stocks fall as yields rise, inflation concerns mountStocks fell Monday while commodity prices rallied, as rising Treasury yields and expectations of higher inflation weighed on equity prices.
FOMC Minutes Disappoint Gold BullsThe recent FOMC minutes are hawkish and negative for the price of gold, but the Fed will remain generally dovish for some time.
Asia-Pacific Shares Led Lower by China Weakness, Rising Rate FearsJapanese shares jumped on Monday, as optimism on economic recovery from the pandemic prompted fresh buying in materials, and travel-related stocks.
Robots on Wall Street Wrestle With Confusing World of RedditRocket emojis for stock gains. “Tendies” as slang for profits. GIFs with company tickers.
Tesla scores about $1 billion in profits from Bitcoin: Wedbush's Dan IvesTesla's (TSLA) investment in Bitcoin (BTC-USD) has garnered the electric vehicle company about $1 billion in profits — at least on paper, according to estimates from Wedbush Securities Managing Director Dan Ives.
Banker Bonuses Always Send a Powerful MessageThe ECB is right to rein in Deutsche Bank’s 2020 rewards, but Wall Street and London will try to exploit any sign of curbs on top-level European pay.
Independent investors often need a second opinion. Some people go on YouTube or Telegram. But if you prefer a more personal approach, then take a closer look at Wattabuy - a virtual portfolio manager. Wattabuy algorithms will select an investment portfolio for you and will monitor it 24/7.
Why Are Tech Stocks Falling?The Nasdaq 100 has just recorded its longest losing streak since October, having declined for 5 consecutive days.
Post-Pandemic Pessimism: Monetary and fiscal stimulus won’t restore a healthy world economy.Last week I argued that the right focus for fiscal stimulus was to support businesses unable to operate during the pandemic in order to protect jobs. In several European countries, aid of that kind has so far amounted to around 10% of GDP. But as restrictions gradually ease, the need for fiscal support will diminish.
Bitcoin Tumbles Below $50,000 as Caution Sweeps Over CryptoBitcoin’s losses accelerated, with prices tumbling below $50,000, as investors started to bail on the market’s frothiest assets.
Lithium Prices Soar As Tesla, Apple And Google Fight For SupplyThe electric vehicle (EV) revolution is gaining serious momentum. According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026.
Dow, Tech Stocks Slash Losses On Powell Comments; Nio, Tesla Try To RecoverThe Dow Jones Industrial Average briefly fell more than 300 points Tuesday, while tech stocks slashed losses on Fed Chief Powell's monetary comments. Bitcoin tumbled below $45,000. EV leaders Nio and Tesla stock plummeted 15% and 12% before cutting losses.
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology, bloomberg and more. Our chat: @news_finance_chat Ads: @vs345s