Wall Street on Cloud Nine since Trump’s election

The bronze sculpture of a bull that stands near the New York Stock Exchange serves as a symbol of Wall Street’s power perhaps this year more than ever. Since President Donald Trump took office a year ago, the principal US stock indexes have gained by leaps and bounds, hitting a record string of records. “I have… Please follow and like us:

Read More

Cryptocurrency Market Rebounds After Recent Decline

Cryptocurrency Market Rebounds After Recent Decline NEW YORK, January 16, 2018 /PRNewswire/ – Cryptocurrency Market According to data from Coinmarketcap, the total market capitalizations of 1419 cryptocurrencies were valued at about $700 billion on Friday. Recent news from South Korea planning to ban cryptocurrency trading, sent most of the digital currencies’ prices lower last Thursday. However,… Please follow and like us:

Read More

Dow hits 25,000 points for 1st time on US hiring data

The Dow shot above 25,000 points for the first time Thursday as strong US private-sector hiring data extended a stocks rally already boosted by the recent US tax reform. US stocks opened 2018 in full-throttle bull market mode, bidding stocks up and continuing the succession of records seen last year, especially following the massive tax cut… Please follow and like us:

Read More

How Bitcoin Futures Trading Could Burst The Cryptocurrency’s Bubble

A new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10. Such was the euphoria among early investors that trading was halted twice due to CBOE speed breakers, which slow or pause trading when price movements are… Please follow and like us:

Read More

5 Predictions for the Future of Investing

The CFA Institute recently solicited video submissions about the future of global investing, an irresistible lure to those inclined to share predictions from their “crystal ball.” My submission highlighted five disruptive forces influencing the future of global investing, starting with many people’s favorite topic, artificial intelligence: 1. Artificial intelligence, big data and machine learning will be… Please follow and like us:

Read More

Why Bitcoin’s Price Will Be Valued At $150,000 By The End Of 2018

Within my daily social life, I often ask people if they know about Bitcoin. For the last few years, most of the responses I received were either “No,” or “Isn’t that what people use for illegal activities?” But towards the end of this year, something changed. People started asking me, “How do I buy it?” and… Please follow and like us:

Read More

Paul Singers $2 Billion Bet

A review of Paul Singer’s portfolio and his fearless investing strategies. His current focus: NXP Semiconductors (NasdaqGS: NXPI). Get Our Activist Investing Case Study! Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign… Please follow and like us:

Read More

When Grandma and Grandpa join the bitcoin frenzy, you know it’s is turning into a bubble

One day in 2013, when the price of bitcoin had crashed to $600 from $1,200 in a matter of hours, I wrote that this showed that the virtual currency was a dumb investment. Three months ago, when the price hit $5,000, I again called it a dumb investment. So what about now, with bitcoin trading at… Please follow and like us:

Read More

How Exchange Rules Can Ease Turbulent Markets

Most Mondays we all just want to ease into the week, uneventfully. But on one particular Monday, a large overnight selloff in the Chinese equity market had many market observers anticipating a less than smooth start to Aug. 24, 2015. Shortly after the opening bell, the Dow Jones Industrial Average Index tumbled 6% and the S&P… Please follow and like us:

Read More

Is NASDAQ “Selling Out” To HFT Or Playing By The Rules?

When the Nasdaq exchange decided to close down its Market Velocity and Market Forces products on October 30, it ended an 11-year run for a data feed that had received limited customer traction but garnered much attention recently. The controversy that surrounded the product’s end, news first reported by The Wall Street Journal, raises questions about… Please follow and like us:

Read More

Dow soars as Wall Street bears retreat to their caves

WASHINGTON, November 16, 2017 – After days of battering by resurgent bears, Wall Street’s bulls have returned, at least for the day. The rampaging bears are heading back to their caves to hibernate this morning, as the Dow rockets ahead for a 200 point gain (+.83 percent) as of Thursday noon, ET. Other major averages are… Please follow and like us:

Read More

A Record Number Of Investors Are Exposed To “Higher Than Normal Risk”

With the stock market coming into November with another strong gain for the S&P 500 – the market was up for the statistically improbable 12 th month in a row in October – investors are becoming aware of the increased risk exposure. According to a Bank of America Merrill Lynch Global Fund Manager Survey released Tuesday,… Please follow and like us:

Read More

Canadian, Australian stock markets vie for Israel tech firm listings

By Shoshanna Solomon The Nasdaq and the New York Stock exchange may the most aspired-to destinations for many Israeli entrepreneurs, but Canada is now joining Australia in competing for a piece of the pie. “Israel is second only to California in terms of success in the tech space,” Robert Peterman, VP of global business development of… Please follow and like us:

Read More

Apple stock hit hard by negative iPhone 8 sales rumors – again

WASHINGTON, October 20, 2017 – Some sort of market correction finally began to happen Thursday morning. The Dow plummeted sharply after the 9:30 a.m. (ET) opening bell on Wall Street, quickly dropping 100 + points in a wave of selling. Apple (symbol: AAPL) shares – currently down around $4.50 per share (-2.5 percent) – have led… Please follow and like us:

Read More

Since 1926, Entire Market Gain Is Due To Four Percent Best Performers

Why do active managers underperform broad-based stock indexes? Hendrik Bessembinder of Arizona State thinks he might have the answer. The vast majority of stocks have failed to outperform T-Bills, he points out in a study. It is only a small percentage of stocks that lead indexes higher. On a statistical basis, selecting individual issues means the… Please follow and like us:

Read More