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    3 TOP INSURANCE STOCKS TO BUY IN MARCH

    Mar 24, 2019

    If you're looking to triple your money overnight, the insurance industry isn't for you. While the insurance industry has produced spectacular results for shareholders over time, insurers are best characterized as steady wealth builders than stocks to buy and flip for a quick profit. Investor...

    FOX BUSINESS
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    /news-article.aspx?ID=64436443

    UPS TARGETS B2B SALES WITH NEW BLOCKCHAIN E-COMMERCE PLATFORM

    Mar 23, 2019

    U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age. Announced yesterday, UPS has inked a deal with e-commerce company Inxeption to develop a platform to facilitate business-to-business sales, one supported by ...

    COINDESK
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    /news-article.aspx?ID=64406440

    YOU CAN NOW DONATE TO THE TOR PROJECT IN 9 DIFFERENT CRYPTOCURRENCIES

    Mar 22, 2019

    The Tor Project, a digital anonymity-focused nonprofit, is now accepting cryptocurrency donations directly, with donors able to take advantage of nearly 10 different options to send funds. A donations page on Tor’s website with a list of crypto addresses has been available since March 18. Tor ...

    COINDESK
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    /news-article.aspx?ID=64416441

    DUKE UNIVERSITY COLLABORATES FOR BLOCKCHAIN LAB, EDUCATION PROGRAM

    Mar 22, 2019

    Duke University is teaming up with blockchain startup Citizens Reserve on an educational initiative aimed to develop students’ interest in blockchain technology. Citizens Reserve, a firm led by a team of former Deloitte blockchain employees, told CoinDesk Friday that it will jointly create a n...

    COINDESK
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    /news-article.aspx?ID=64426442

    EX-NATO CHIEF, DANISH PM NOW ADVISES BLOCKCHAIN FIRM CONCORDIUM

    Mar 21, 2019

    Anders Fogh Rasmussen, previously both prime minister of Denmark and secretary-general of NATO, has joined blockchain identity startup Concordium as a strategic advisor. Ian announcement Wednesday, the Switzerland-based firm’s chairman, Lars Seier Christensen, said Rasmussen will play a &ldquo...

    COINDESK
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    /news-article.aspx?ID=64306430

    LIGHTNING LABS RELEASES ‘LOOP’ FEATURE FOR BITCOIN PAYMENTS CHANNELS

    Mar 21, 2019

    Lightning Labs has released a new feature aimed at improving the usability of the lightning network, a bitcoin payment channel technology aimed at scaling the cryptocurrency. Called “Lightning Loop,” users will now be able to receive bitcoin in increasing quantities without having to clo...

    COINDESK
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    /news-article.aspx?ID=64316431

    NEW CASH FLOW PLATFORM AVRIUM HITS THE UK MARKET

    Mar 21, 2019

    The platform aims to help SMEs better understand their financial position and potential risks, by using the credit data provided by Credit safe. This offers insights into the financial health of customers and suppliers. “It’s very clear how crucial cash flow awareness is for the health a...

    BANKING TECH
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    /news-article.aspx?ID=64336433

    SIX SPANISH BANKS SIGN UP FOR GPI CROSS-BORDER PAYMENTS

    Mar 21, 2019

    The banks – Banco Sabadell, Banco Santander, Bankinter, BBVA, Caixabank and Group Cooperativo Cajamar – account for 85% of Spain’s cross-border payments. Described as the most significant development in cross-border payments in the last 30 years, Swift gpi claims to have transferre...

    BANKING TECH
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    /news-article.aspx?ID=64346434

    SQUARE IS HIRING NEW CRYPTO ENGINEERS — AND IT WANTS TO PAY THEM IN BITCOIN

    Mar 20, 2019

    Payments Startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. Dorsey, who also founded and runs Twitter, announced Wednesday evening that Square plans to hire three or four engineers and one designer “to ...

    COINDESK
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    /news-article.aspx?ID=64326432

    CITIES WHERE AMERICANS HAVE THE MOST CASH LEFT OVER AFTER PAYING THEIR MORTGAGES

    Mar 20, 2019

    Housing Opens a New Window. oftentimes takes a large percentage out of Americans’ income Opens a New Window. – across every demographic. It was ranked as the top expense among individuals of all generations, from Gen Z to Baby Boomers, according to recent findings from GO Banking Rates, ...

    FOX BUSINESS
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    /news-article.aspx?ID=64446444

    JAPAN TO TIGHTEN RULES ON CRYPTOCURRENCY MARGIN TRADING

    Mar 19, 2019

    Japan is putting in place new, stricter rules for cryptocurrency margin trading from next year.
    According to a report from Nikkei Asian Review on Tuesday, the Japanese Cabinet, the executive agency of the country’s government, has approved draft amendments related to financial instrumen...

    COINDESK
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    /news-article.aspx?ID=64256425

    GALAXY DIGITAL BACKS $5.25 MILLION ROUND FOR BLOCKCHAIN STAKING STARTUP

    Mar 19, 2019

    Blockchain staking startup Bison Trails has raised $5.25 million in a series seed funding round backed by Mike Novogratz’s Galaxy Digital. Announcing the news on Friday, Bison Trails said the round was led by Accomplice and Initialized Capital, with Notation Capital, Homebrew, Distributed Glob...

    COINDESK
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    /news-article.aspx?ID=64266426

    DIGITAL ASSET NAMES NEW CEO TO SUCCEED BLYTHE MASTERS

    Mar 19, 2019

    Enterprise blockchain startup Digital Asset (DA) has named co-founder Yuval Rooz as the company’s new chief executive officer. Rooz, who has served as both COO and CFO at the firm, takes over from acting CEO AG Gangadhar, who stepped in when its iconic leader Blythe Masters left last December....

    COINDESK
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    /news-article.aspx?ID=64276427

    VSOFT’S WINGS CORE BANKING SYSTEM LANDS IN THE US

    Mar 19, 2019

    Financial solutions provider, VSoft, has launched a version of its core banking system, Wings, for the US.
    The company, which is based in Georgia in the US and Hyderabad in India, is best known for its payment processing systems. However, it has added to its product suite over the years, with...

    BANKING TECH
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    /news-article.aspx?ID=64286428

    NATWEST PARTNERS WITH TIETO TO LAUNCH VIRTUAL ACCOUNT PLATFORM FOR BUSINESS

    Mar 19, 2019

    The platform is designed to support regulated professions – such as legal, accountancy and insurance firms – who need to safely segregate their clients’ monies to comply with industry best practices and regulatory standards. By using one centralised platform, the bank claims that c...

    BANKINGTECH
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    /news-article.aspx?ID=64296429

    COINMARKETCAP CRYPTO ASSETS NOW FEATURE FLIPSIDE LETTER GRADES

    Mar 18, 2019

    Blockchain analytics startup Flipside Crypto is bringing crypto asset letter grades to a slew of online publishers. The Fundamental Crypto Asset Score (FCAS) metric – which evaluates factors such as developer activity and a broad set of transaction data – was recently added to CoinMarket...

    COINDESK
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    /news-article.aspx?ID=64156415

    CRYPTO EXCHANGE BITHUMB TO REDUCE STAFF BY UP TO 50%

    Mar 18, 2019

    Bithumb, the largest cryptocurrency exchange in South Korea, plans to cut its staffing levels by up to 50 percent, according to a CoinDesk Korea report issued Monday, a move that would reduce its number of employees from 310 at the start of March to around 150. When reached, an official at the compa...

    COINDESK
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    /news-article.aspx?ID=64166416

    OVERSTOCK DELAYS E-COMMERCE BUSINESS SALE, DEFERRING CASH FOR CRYPTO VENTURES

    Mar 18, 2019

    Overstock has put off plans to sell its flagship retail business, delaying a large cash infusion that it was hoping to get for its portfolio of blockchain ventures. The company had originally aimed to sell the e-commerce business by the end of February, but on a conference call to discuss fourth-qua...

    COINDESK
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    /news-article.aspx?ID=64176417

    IBM ANNOUNCES NEW SECURITY TECHNOLOGY FOR THE CRYPTO CUSTODY MARKET

    Mar 18, 2019

    It’s no secret that the cryptocurrency industry has a checkered history with unbelievably audacious heists. And now, Shuttle Holdings and IBM have announced the launch of a new HSM-based security solution to mitigate this problem. The system, which has been extolled as a paradigm-shifting inno...

    COINCENTRAL
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    /news-article.aspx?ID=64186418

    U.S. STOCK INDEXES TRIM GAINS DESPITE BULLISH MOVE IN CHINA

    Mar 18, 2019

    U.S. stock indexes today trimmed gains in late morning trade Monday, unable to borrow much from the Shanghai composite's 2.47% thrust. China's stock market closed at the day's high in heavy volume. The Shanghai exchange is 13 hours ahead of Wall Street. The South China Morning Post and C...

    INVESTOR
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    /news-article.aspx?ID=64196419

    AFTER COMEBACK, THE STOCK MARKET IS ALIGNED WITH A HISTORICAL PATTERN WITH PERFECT TRACK RECORD

    Mar 17, 2019

    Stocks hit a new high for the year this week, back on track to match a post-election pattern that has stood the test of time. The stock market has risen in the year after all 18 midterm elections since World War II, with the S&P 500 delivering an average return of 14.5 percent, according to LPL ...

    CNBC
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    /news-article.aspx?ID=64016401

    ICAPITAL ASSUMES OVERSIGHT OF 115 MORGAN STANLEY FEEDER FUNDS

    Mar 17, 2019

    Morgan Stanley agreed to sell a business that administers its alternative investment feeder funds to iCapital, a financial technology firm run by a former Goldman Sachs banker. ICapital will assume oversight of 115 Morgan Stanley feeder funds, which invest in private equity, hedge funds and real est...

    ON WALL STREET
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    /news-article.aspx?ID=64026402

    RPT-WALL ST WEEK AHEAD-U.S. FUNDS FOCUS ON MEDIA STOCKS, BANKS TO FIND VALUE AS MID-CAPS RALLY

    Mar 17, 2019

    The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages. The rally in mid-cap stocks - compa...

    REUTERS
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    /news-article.aspx?ID=64046404

    RIOT BLOCKCHAIN TO LAUNCH REGULATED CRYPTO EXCHANGE IN THE US

    Mar 16, 2019

    Riot Blockchain is planning to launch a regulated crypto exchange in the U.S. The publicly traded U.S. company that has faced regulatory issues for a sudden pivot to blockchain, revealed in a filing with the U.S. Securities and Exchange Commission (SEC) Friday that the new entity will be called call...

    COINDESK
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    /news-article.aspx?ID=64006400

    US STOCKS' MAJOR INDEXES CLOSE OUT WEEK HIGHER

    Mar 15, 2019

    Federated Investors Global Equities CIO Steve Auth and Oberweis Asset Management President Jim Oberweis on whether investors should be concerned about Boeing’s stock after President Trump ordered all Boeing 737 Max jets to be grounded and the U.S.-China trade deal. U.S. stocks Opens a New Wind...

    FOX BUSINESS
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    /news-article.aspx?ID=64036403

    THAI STOCK EXCHANGE BUILDING DIGITAL ASSETS PLATFORM FOR 2020 LAUNCH

    Mar 14, 2019

    The Stock Exchange of Thailand (SET) has confirmed it’s building a digital assets platform that it expects to go live next year. Saying it is “ready for digital tranformation,” the SET announced Wednesday that it will work “closely and collectively” with all stakeholder...

    COINDESK
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    /news-article.aspx?ID=63906390

    AZURE INTEGRATION OPENS BLOCKCHAIN FIRM KALEIDO TO 80% OF CLOUD MARKET

    Mar 14, 2019

    Kaleido’s software-as-a-service blockchain solution now works on Microsoft Azure as well as Amazon Web Services (AWS). According to an analysis by Keybanc reported by CNBC, the move now gives Kaleido clients access to more than 80 percent of cloud infrastructure clients, with support for the t...

    COINDESK
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    /news-article.aspx?ID=63916391

    BITCOIN TRADES FLAT WHILE ALTCOINS TEASE BULL BREAKOUT

    Mar 14, 2019

    Bitcoin is lacking clear directional bias for a ninth straight day, neutralizing the bullish view put forward by a long-tailed doji candle created on Feb. 27. As a result, a return to levels below $3,700 cannot be ruled out. A UTC close above the March 9 high of $3,950 would revive the short-term bu...

    COINDESK
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    /news-article.aspx?ID=63926392

    ASIAN STOCKS UP AS SINO-U.S. TRADE TALKS IN FOCUS, DOLLAR SUPPORTED

    Mar 14, 2019

    Chinese Vice Premier Liu He spoke by telephone with U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer, with the two sides making further substantive progress on trade talks, Xinhua news agency said on Friday. [nB9N20G02G] Yet, the prospect of the trade talks taki...

    REUTERS
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    /news-article.aspx?ID=63936393

    WELLS FARGO BOOSTS CEO PAY TO $18.4M, INCLUDES $2M BONUS

    Mar 14, 2019

    Wells Fargo boosted Chief Executive Officer Tim Sloan’s compensation by 5.7% to $18.4 million for last year as the bank has worked to overcome multiple scandals. Sloan got $2.4 million in salary and $14 million of restricted stock linked to performance goals, the San Francisco-based bank said ...

    ON WALL STREET
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    /news-article.aspx?ID=63946394

    YOU CAN PRE-ORDER THIS $15,000 CRYPTO-POWERED BEER VENDING MACHINE

    Mar 13, 2019

    Where there’s a long line for beer today, there could one day be a Civic vending machine. At its booth at SXSW Wednesday, the decentralized identity startup Civic was on hand to showcase three vending machines selling local staples – Shiner Bock and Austin Amber beer. The demo is a test ...

    COINDESK
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    /news-article.aspx?ID=63806380

    QUADRIGACX WIDOW: CEO MIXED PERSONAL FUNDS WITH CRYPTO EXCHANGE

    Mar 13, 2019

    Gerald Cotten, the deceased founder and CEO of crypto exchange QuadrigaCX, used his own cash to make customers whole during a legal battle with a bank, his widow said. Jennifer Robertson, Cotten’s wife and executor of his estate, said in a statement sent to CoinDesk Wednesday that Cotten told ...

    COINDESK
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    /news-article.aspx?ID=63816381

    COINBASE COMPLETES FIRST OTC CRYPTO TRADE DIRECTLY FROM ‘COLD’ STORAGE

    Mar 13, 2019

    Coinbase Custody has just completed its first over-the-counter (OTC) trade directly out of cold, or offline, storage. Announcing the news in a blog post on Wednesday, the San Francisco-based cryptocurrency exchange said the trade occurred after its Custody service had been “directly integrated...

    COINDESK
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    /news-article.aspx?ID=63826382

    U.S. CORE CAPITAL GOODS ORDERS REBOUND; INFLATION MUTED

    Mar 13, 2019

    The slowing economy is helping keep inflation tame, with other data on Wednesday showing producer prices barely rising in February, resulting in the smallest annual increase in more than 1-1/2 years. This environment supports the Federal Reserve’s wait-and-see approach to further interest rate...

    REUTERS INDIA
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    /news-article.aspx?ID=63836383

    AURORA CANNABIS SOARS ON NEWS IT'S HIRING HEDGE-FUND MANAGER NELSON PELTZ AS ADVISER

    Mar 13, 2019

    Aurora Cannabis Inc. led a rally in cannabis stocks Wednesday, after the company said it’s hiring hedge-fund manager Nelson Peltz as an adviser with the aim of sealing new cooperation agreements and expanding globally.The stock (ACB)(CA:ACB) was last up 11.7%. Peltz, the founder of Trian Fund ...

    MSN
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    /news-article.aspx?ID=63846384

    MALTA TEAMS WITH CRYPTO SECURITY FIRM TO MANAGE FINANCIAL CRIMES RISK

    Mar 12, 2019

    Malta is turning to crypto sleuthing startup CipherTrace for technical help addressing the risk of financial crimes in its licensed digital asset industry. The Malta Financial Services Authority (MFSA) announced March 11 that it would integrate CipherTrace’s Compliance Monitoring product to &l...

    COINDESK
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    /news-article.aspx?ID=63706370

    BITCOIN WILL SOON SEE ‘BULL CROSS’ IN FIRST SINCE AUGUST 2018

    Mar 12, 2019

    A widely-followed bitcoin (BTC) price indicator is about to turn bullish for the first time in seven months.
    Bitcoin’s 50-day moving average (MA) – currently located at $3,669, according to Bitstamp data – could soon move above the 100-day MA at $3,670. The event would confi...

    COINDESK
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    /news-article.aspx?ID=63716371

    OVERSTOCK’S MEDICI ACQUIRES STAKE IN BLOCKCHAIN BANKING STARTUP

    Mar 12, 2019

    Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Announcing the news on Monday, Overstock said Bankorus’ blockchain platform allows individuals and institutions to “securely” buy, sell, stor...

    COINDESK
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    /news-article.aspx?ID=63726372

    JPMORGAN TO OFFER LOWEST-FEE ETF WITH US STOCK MARKET EXPOSURE

    Mar 12, 2019

    JPMorgan Chase JPM has announced that the JPMorgan BetaBuilders U.S. Equity ETF, which will make its debut tomorrow, is expected to have a fee of 0.02%. With this, the company will launch America's lowest-fee exchange-traded fund yet to be offered, pushing the fee war to lower levels.By reducing...

    NASDAQ
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    /news-article.aspx?ID=63736373

    STOCKS CLOSE MIXED AS BOEING TAKES ANOTHER BIG BLOW

    Mar 12, 2019

    The Dow Jones Industrial Average fell Tuesday as shares of Boeing posted another sharp decline amid worries over the safety of one of its most popular airplanes. The 30-stock index closed 96 points lower, with Boeing shaving off more than 150 points. Boeing shares fell more than 6 percent, eclipsing...

    MSN
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    /news-article.aspx?ID=63746374

    A BLOCKCHAIN ETF IS LAUNCHING ON THE LONDON STOCK EXCHANGE TODAY

    Mar 11, 2019

    Investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange today. For the effort, Invesco has partnered with London-based Elwood Asset Management, an investment firm specializing in digital assets, to launch the product called the “I...

    COINDESK
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    /news-article.aspx?ID=63606360

    KAKAO’S BLOCKCHAIN ARM RAISES $90 MILLION IN PRIVATE TOKEN SALE

    Mar 11, 2019

    Ground X, the blockchain subsidiary of South Korean messaging giant Kakao, has raised $90 million in a private coin offering. As reported by Bloomberg on Monday, Ground X CEO Jason Han said that IDG Capital, Cresendo Equity Partners and Translink Capital had participated in the round. The firm is al...

    COINDESK
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    /news-article.aspx?ID=63616361

    SWISS EXCHANGE TO LIST XRP EXCHANGE-TRADED INVESTMENT PRODUCT

    Mar 11, 2019

    Switzerland’s primary stock exchange SIX could soon list another crypto currency-based exchange-traded product (ETP), which will track the price of XRP, the third largest crypto asset by market capitalization. Hany Rashwan, co-founder and CEO of the Swiss company Amun AG – which already ...

    COINDESK
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    /news-article.aspx?ID=63626362

    9 BEST CHEAP STOCKS TO BUY NOW UNDER $5

    Mar 11, 2019

    These are potentially explosive stocks. All investors who buy anything other than strictly index funds are hunting for the best cheap stocks to buy. In one sense, a stock is simply cheap if it trades for less than it should, but the names on this list are cheap in another sense, too – less tha...

    USNEWS
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    /news-article.aspx?ID=63636363

    WHY A BOUT OF SMALL-CAP CARNAGE COULD BE A RED FLAG FOR STOCK-MARKET BULLS

    Mar 11, 2019

    U.S. stocks lost ground for five straight days last week, but the pain dealt to the major benchmarks was nothing compared with those felt by small-cap stocks.While the S&P 500 index SPX, +1.47% and the Dow Jones Industrial AverageDJIA, +0.79% both lost 2.2%, the small-cap tracking Russell 2000 R...

    MARKETWATCH
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    /news-article.aspx?ID=63646364

    GERMAN FINANCE MINISTRY CALLS FOR REGULATED BLOCKCHAIN SECURITIES MARKET

    Mar 08, 2019

    The German Ministry of Finance has recommended that the country recognize blockchain-based securities as a legitimate form of financial instrument and regulate them as such.In a paper published Friday, the agency said securities can be issued in electronic form and shouldn’t have to be documen...

    COINDESK
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    /news-article.aspx?ID=63506350

    YOUR GUIDE TO BLOCKCHAIN AND CRYPTOCURRENCY EVENTS AT SXSW 2019

    Mar 08, 2019

    t all started with a keynote conversation with Cameron and Tyler Winklevoss in 2016.
    South by Southwest (SXSW) organizers say that was the first inkling that cryptocurrency could play a leading role in the annual innovation conference in Austin, Texas. Now, in the midst of a prolonged bear ma...

    COINDESK
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    /news-article.aspx?ID=63516351

    ETHEREUM CREATOR VITALIK BUTERIN PROPOSES WALLET FEE TO FUND DEVELOPERS

    Mar 08, 2019

    Vitalik Buterin, the creator of the ethereum blockchain project, has proposed increasing user fees on the network for the purposes of supporting developers with sustainable funding.“I propose we consider supporting a community norm that client [and] wallet [developers] can [and] should charge ...

    COINDESK
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    /news-article.aspx?ID=63526352

    SWISSQUOTE BANK LAUNCHING ‘NUKE PROOF’ CRYPTO CUSTODY

    Mar 08, 2019

    Online banking and trading group Swissquote is launching a crypto custody service later this month.
    The Switzerland-based firm announced Friday that, starting March 21, retail and institutional customers will be able to transfer cryptocurrencies from external wallets to be stored in a Swissqu...

    COINDESK
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    /news-article.aspx?ID=63536353

    FACEBOOK BLOCKCHAIN JOB OPENINGS TOP 20 AMID STAFFING SPREE

    Mar 08, 2019

    Social media giant Facebook keeps looking to expand its blockchain-related staff. Facebook’s careers website now lists 20 job openings related to the technology in a wide range of areas, including: technology communications director, threat investigator, data scientist, two product managers an...

    COINDESK
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    /news-article.aspx?ID=63546354

    UNICEF EXPLORES BLOCKCHAIN TO IMPROVE INTERNET FOR ‘EVERY SCHOOL’ IN KYRGYZSTAN

    Mar 06, 2019

    Children’s non-profit organization UNICEF is in talks with the government of Kyrgyzstan to leverage blockchain technology to provide Internet access to every school in the country.“We are at the early stages of exploring a blockchain-based solution for the Project Connect initiative in K...

    COINDESK
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    /news-article.aspx?ID=63306330

    EASTERN CARIBBEAN CENTRAL BANK TO TEST BLOCKCHAIN LEGAL TENDER

    Mar 06, 2019

    The Eastern Caribbean Central Bank (ECCB) is about to conduct a pilot for a blockchain-based central bank digital currency (CBDC) in preparation for its planned full rollout as a legal tender, possibly in 2020.
    For the initiative, the ECCB late last month inked a deal with Barbados-based fint...

    COINDESK
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    /news-article.aspx?ID=63316331

    8 STOCKS AND FUNDS THAT HEDGE FUNDS ARE BUYING NOW

    Mar 06, 2019

    These are the hottest buys from institutional investors.One time each quarter, the average American investor gets a chance to peek over the shoulder of some of the wealthiest and most successful investors on Wall Street and see exactly which stocks they have been buying and selling. The U.S. Securit...

    USNEWS
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    /news-article.aspx?ID=63326332

    STOCKS SLIDE ON WEAKENING GLOBAL GROWTH OUTLOOK

    Mar 06, 2019

    U.S. stocks Opens a New Window. fell Wednesday as investors awaited tangible evidence that U.S.-China trade talks will be successful. In addition, the Organisation for Economic Co-operation and Development (OECD) cut its forecast for global economic growth Opens a New Window., which weighed on inves...

    FOXBUSINESS
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    /news-article.aspx?ID=63336333

    HOW BIG HEALTH INSURANCE STOCKS CAN REBOUND AFTER A SLUMP

    Mar 06, 2019

    Health insurance stocks have been tumbling since late February, and it’s not entirely clear why. Some analysts think the slide was caused by the growing support for more aggressive health reform proposals, including a Medicare for All bill and potential changes to how people pay for prescripti...

    BARRONS
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    /news-article.aspx?ID=63346334

    BITCOIN SEEKING GAINS AFTER RETAKING KEY PRICE SUPPORT

    Mar 05, 2019

    Bitcoin’s immediate outlook will remain neutral while prices are trapped in the range of $3,658-$3,900.
    If the bulls can keep prices above the 5-week MA support at $3,703, we could see a rally above $4,000. The average is reporting bullish conditions for the first time since August. On ...

    COINDESK
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    /news-article.aspx?ID=63206320

    COURT GIVES QUADRIGACX 45-DAY EXTENSION IN SEARCH FOR CRYPTO MILLIONS

    Mar 05, 2019

    A Canadian judge has granted troubled exchange QuadrigaCX a bit more breathing room as it searches for nearly $140 million in missing crypto currencies. Judge Michael Wood, of the Nova Scotia Supreme Court, said he was satisfied that a stay of proceedings first granted a month ago should be extended...

    COINDESK
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    /news-article.aspx?ID=63216321

    TRUEUSD STABLECOIN TO ADD ‘REAL TIME’ MONITORING OF DOLLAR BACKING

    Mar 05, 2019

    TrustToken has announced a new partnership that it says will allow traders using its regulated stablecoin, TrueUSD (TUSD), to have a “real-time” view of the U.S. dollars backing the token.
    For the effort, the San Francisco-based firm has teamed up with accounting firm Armanino, wh...

    COINDESK
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    /news-article.aspx?ID=63226322

    BLOCKFI NOW OFFERS A CRYPTO DEPOSIT ACCOUNT WITH COMPOUND INTEREST

    Mar 05, 2019

    Crypto currency lending startup BlockFi has launched a crypto deposit account that provides compound interest. Announcing the news on Tuesday, the firm said that the BlockFi Interest Account (BIA) is now live and offers customers an annual interest rate of 6 percent, paid on a monthly basis in crypt...

    COINDESK
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    /news-article.aspx?ID=63236323

    CRYPTO EXCHANGE WEX LINKED TO IRANIAN RANSOMWARE OPERATORS, SAYS PWC

    Mar 05, 2019

    Cryptocurrency exchange WEX, successor to the shuttered BTC-e exchange, has again been tied to illicit funds gained through ransomware attacks.According to a recent bulletin from consulting firm PwC, two Iranians said to have created the SamSam ransom ware variant have been tied to the exchange and ...

    COINDESK
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    /news-article.aspx?ID=63246324

    BITCOIN’S MACD PRINTS STRONGEST BULL SIGNAL IN OVER A YEAR

    Mar 04, 2019

    The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline.
    As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, creat...

    COINDESK
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    /news-article.aspx?ID=63106310

    BITCOIN CODERS SEND INTERNATIONAL LIGHTNING PAYMENT OVER HAM RADIO

    Mar 04, 2019

    In what appears to be a first-of-its-kind transaction, two developers working in separate countries have successfully sent a bitcoin lightning payment over radio waves. Organized over Twitter this past weekend, the transaction was sent by Rodolfo Novak, co-founder of bitcoin hardware startup CoinKit...

    COINDESK
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    /news-article.aspx?ID=63116311

    CRYPTO ‘PRIME BROKER’ TAGOMI RAISES $12 MILLION IN ROUND LED BY PARADIGM

    Mar 04, 2019

    Tagomi, a startup that bills itself as crypto’s answer to Wall Street prime brokerages, has raised another $12 million in a funding round led by Paradigm. Other participants in the round announced Monday include Pantera Capital, Four Arrows and Multicoin Capital. Tagomi previously secured back...

    COINDESK
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    /news-article.aspx?ID=63126312

    HTTPS://WWW.COINDESK.COM/CIRCLE-COMPLETES-SEEDINVEST-PURCHASE-PAVING-THE-WAY-FOR-TOKENIZED-EQUITIES

    Mar 04, 2019

    Crypto startup Circle has closed its acquisition of the equity crowdfunding platform SeedInvest, paving the way for the company to tokenize securities in the future. The deal, announced in October, is now officially completed after Circle obtained approval from the self-regulatory organization FINRA...

    COINDESK
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    TETHER TO LAUNCH NEW VERSION OF USDT STABLECOIN ON TRON BLOCKCHAIN

    Mar 04, 2019

    Tether is gearing up to launch its controversial stablecoin as a native token on the Tron blockchain.
    For the effort, Tether is partnering with the Tron Foundation to launch the dollar-pegged USDT stablecoin as a TRC-20 token, the companies announced Monday. TRC-20 is a technical standard use...

    COINDESK
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    /news-article.aspx?ID=63146314

    THE RIGHT WAY TO DO BLOCKCHAIN CONSORTIUMS

    Mar 03, 2019

    2019 will be the year the rubber meets the road for blockchain consortia.If 2017 was a buzzy time that saw a number of successful proofs-of-concept launch, 2018 was a more sedate period when the lawyers got together to develop the framework under which consortia could operate. However, 2019 will be ...

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    /news-article.aspx?ID=62996299

    WILL FIAT-BACKED STABLECOINS PASS LEGAL MUSTER WITH THE SEC AND CFTC?

    Mar 02, 2019

    As we enter the second year of this so-called “crypto winter,” the stablecoin market is hotter than ever. In recent months, stablecoins – digital assets pegged to the value of fiat currencies like the U.S. dollar – have exploded in size and variety thanks to high-profile offe...

    COINDESK
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    /news-article.aspx?ID=63006300

    LONG THE BANKERS! WHY SECURITY TOKENS NEED TRUSTED MIDDLEMEN

    Mar 02, 2019

    As one of the very first people to tokenize a VC fund when the term “security tokens” almost didn’t exist, and as an early investor in the space, I have a unique point of view into the rapid growth of this ecosystem. But growth is not just about numbers, it’s also about growi...

    COINDESK
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    /news-article.aspx?ID=62986298

    ASIAN SHARES UP AFTER MSCI ANNOUNCES CHINA WEIGHTING BOOST

    Mar 01, 2019

    Chinese shares rallied, with the blue-chip CSI300 index adding 1.2 percent after MSCI said it would quadruple the weighting of mainland shares in its global benchmarks later this year, potentially drawing more than $80 billion of fresh foreign inflows to the world’s second-biggest economy. Tha...

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    /news-article.aspx?ID=62906290

    JPMORGAN STAYS WITH VENEZUELA IN EMERGING BOND INDEXES: FUND MANAGERS

    Mar 01, 2019

    Investors have been concerned about the status of PDVSA debt after Washington imposed sweeping sanctions on the company earlier this year. JPMorgan, which declined to comment on its monthly rebalancing, also sent out a survey to its clients asking more specific questions about Venezuela, Tina Vander...

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    /news-article.aspx?ID=62916291

    $100 MILLION SHORT: QUADRIGACX AUDIT CAN’T ACCOUNT FOR 26K MISSING BITCOIN

    Mar 01, 2019

    Ernst and Young (EY), the court-appointed monitor for QuadrigaCX, has finally provided blockchain addresses for the ailing crypto exchange’s cold, or offline, bitcoin wallets. And aside from $400,000 worth of bitcoin that was accidentally sent to the cold wallets in early February, they are em...

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    /news-article.aspx?ID=63016301

    BINANCE DANGLES $100K IN CRYPTO TO GET USERS TO TEST ITS DEX

    Mar 01, 2019

    Cryptocurrency exchange Binance is hoping to boost the number of people testing its upcoming decentralized exchange (DEX) platform by giving away $100,000 in tokens. Announcing the news on Twitter on Friday, Binance CEO Changpeng “CZ” Zhao said:“To test the hell out of @Binance_DEX...

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    /news-article.aspx?ID=63026302

    RIPPLE SCORES MINOR VICTORY IN US SECURITIES CLASS ACTION

    Mar 01, 2019

    A judge has ruled that an ongoing class action lawsuit against Ripple must remain in federal court, potentially giving the payments firm a slight advantage going forward. U.S. District Judge Phyllis Hamilton, of the Northern District of California, ruled Thursday that a class action lawsuit filed ag...

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    /news-article.aspx?ID=63036303

    PUNDI X’S NEW PHONE CAN SWITCH BETWEEN BLOCKCHAIN AND ANDROID

    Feb 28, 2019

    Blockchain device manufacturer startup Pundi X unveiled new specifications for its blockchain phone, which it plans to release to the public later this year. Revealed at the Mobile World Congress conference in Barcelona this week, the XPhone will let users switch between a traditional mode that supp...

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    /news-article.aspx?ID=62866286

    FRENCH PRESIDENT SAYS BLOCKCHAIN COULD PUT EUROPE AT ‘VANGUARD’ OF INNOVATION

    Feb 28, 2019

    French President Emmanuel Macron has called for increased use of data technologies such as blockchain in the EU to boost the agriculture industry and address concerns over food traceability. Inaugurating the 56th International Agricultural Fair in Paris at the weekend, Agridigitale.net reports, Macr...

    COINDESK
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    /news-article.aspx?ID=62876287

    SINGAPORE STATE-OWNED FUND BACKED COINBASE’S $300 MILLION RAISE: REPORT

    Feb 28, 2019

    GIC Private Limited, a Singapore government-owned wealth fund, reportedly backed Coinbase’s $300 million funding round last year. The news comes via a Bloomberg report on Thursday citing “people familiar with the matter.” This was possibly GIC’s first investment in the crypto...

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    /news-article.aspx?ID=62886288

    BITCOIN PRICE MAY RISE IN MARCH DESPITE MONTH’S BEARISH TRACK RECORD

    Feb 28, 2019

    Bitcoin could end the five-year March losing streak with solid gains if resistance at $4,190 (high of last week’s inverted bullish hammer) is convincingly scaled in the next week or two.The cryptocurrency reinforced a bullish triangle breakout witnessed last week with a quick recovery from sub...

    COINDESK
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    /news-article.aspx?ID=62896289

    MEXICO CENTRAL BANK PARES GROWTH FORECASTS, CITES RATINGS CONCERN

    Feb 28, 2019

    In a quarterly report, the bank lowered its Mexican growth forecast to between 1.1 percent-2.1 percent for full-year 2019 and 1.7 percent to 2.7 percent for 2020, echoing increasing skepticism among private sector economists on the economic outlook. The bank had previously forecast growth of between...

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    /news-article.aspx?ID=62776277

    SONY AND FUJITSU LAUNCH BLOCKCHAIN TRIAL TO SECURE EDUCATIONAL RECORDS IN JAPAN

    Feb 27, 2019

    For foreign workers entering Japan, language skills are extremely important, meaning training and proper credentials go a long way towards finding a job. To make this process easier, Japanese multinational company Sony Global Education Inc. and technology equipment services company Fujitsu Inc. have...

    SILICONANGLE
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    /news-article.aspx?ID=62786278

    BLOCKCHAIN HOME EQUITY LOAN STARTUP FIGURE RAISES $65M

    Feb 27, 2019

    Figure Technologies Inc., a home equity financial technology startup that uses blockchain tech to facilitate loans, today said it has raised $65 million in new funding to bolster its product offering and  growth.The Series B round was led by RPM Ventures and DST Global and included Ribbit Capit...

    SILICONANGLE
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    /news-article.aspx?ID=62796279

    DESPITE SELL-OFF WARNING, $8 BILLION MONEY MANAGER SEES STOCKS HITTING RECORD HIGHS THIS YEAR

    Feb 27, 2019

    Avalon Advisors' Bill Stone sees stocks hitting record highs this year, but getting won't come without trouble."This is as good as it gets, at least in the short run," the firm's chief investment officer said Monday on CNBC's "Trading Nation."Stone, whose firm has...

    CNBC
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    /news-article.aspx?ID=62726272

    POWELL HEADS TO CAPITOL HILL WITH A CHANCE TO EASE THE MARKET'S FEARS

    Feb 27, 2019

    Jerome Powell heads to Capitol Hill this week to do something he's struggled with lately: convey the Federal Reserve's future intentions without upsetting financial markets.The central bank chairman has suffered a series of missteps and backtracks.It began in October with his pronouncement t...

    CNBC
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    /news-article.aspx?ID=62736273

    DEVELOPER OF BLOCKCHAIN PROJECT ICON DENIES IPO PLAN REPORTS

    Feb 27, 2019

    South Korea-based ICONLOOP, the firm developing blockchain project ICON, has denied claims that it’s planning to hold an initial public offering (IPO).A report from local media outlet Pulse News on Wednesday cited “an investment banking industry source” as saying that ICONLOOP is p...

    COINDESK
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    /news-article.aspx?ID=62746274

    HACKED EXCHANGE CRYPTOPIA DISCLOSES ESTIMATE OF STOLEN CRYPTO

    Feb 27, 2019

    New Zealand-based cryptocurrency exchange Cryptopia has given an idea of the losses arising from a hack on its platform last month. After being almost silent since the breach, the firm published a series of updates via Twitter on Wednesday. Most notably, Cryptopia provided an update on how much of t...

    COINDESK
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    /news-article.aspx?ID=62756275

    SONY, FUJITSU AIM TO MAKE EDUCATIONAL DATA ‘UNFALSIFIABLE’ WITH BLOCKCHAIN

    Feb 27, 2019

    Two Japanese tech giants have teamed up on an initiative using blockchain to provide educational records that cannot be faked. Announced by Sony on Wednesday, Sony Global Education, Fujitsu Ltd. and the Fujitsu Research Institute have launched a field trial to evaluate the utility of blockchain tech...

    COINDESK
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    /news-article.aspx?ID=62766276

    SWISS BANK JULIUS BAER TO OFFER DIGITAL ASSET SERVICES

    Feb 26, 2019

    Swiss private bank Julius Baer has partnered with a cryptocurrency banking startup to offer digital asset services later in 2019. Announcing the news on Tuesday, Julius Baer said it has partnered with SEBA Crypto AG and will utilize platform to offer storage, transaction and investment solutions for...

    COINDESK
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    /news-article.aspx?ID=62686268

    BITCOIN PRICE HOLDS ABOVE $3,700 BUT BULLS NEED PROGRESS SOON

    Feb 26, 2019

    Bitcoin’s defense of $3,700 is encouraging, but a positive follow-through is needed soon to invalidate a bear flag pattern that has developed on the hourly chart.A UTC close below $3,714 would validate Sunday’s bearish outside reversal candle and confirm a bullish-to-bearish trend change...

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    /news-article.aspx?ID=62696269

    THERE’S NO CRYPTO WINTER IN ARGENTINA, WHERE STARTUPS RAMP UP TO MEET DEMAND

    Feb 26, 2019

    While bitcoin advocates point to politically fraught Venezuela as a prime example of crypto adoption, they often overlook the more business-friendly hub a bit farther south. Since Argentina has a sordid history of banks restricting customer access, plus an inflation rate that hit 47 percent in 2018,...

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    /news-article.aspx?ID=62706270

    SOFTBANK EYES BLOCKCHAIN TO SOLVE ISSUES WITH ONLINE AUTHENTICATION

    Feb 26, 2019

    Japanese telecom SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.The firm announced Tuesday that it has partnered with U.S.-based blockchain startup TBCASoft for the initiative and has created a working group within an ...

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    /news-article.aspx?ID=62716271

    COINBASE EXCHANGE USERS CAN BUY AND SELL XRP STARTING TOMORROW

    Feb 25, 2019

    Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization. The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in “transfer-only” mode, meaning customers can only deposit tokens t...

    COINDESK
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    /news-article.aspx?ID=62526252

    BITCOIN’S BULL TREND AT RISK AFTER HIGH-VOLUME PRICE DUMP

    Feb 25, 2019

    Bitcoin dropped 9.3 percent yesterday on the back of high volumes, invalidating the triangle breakout witnessed last Monday. A UTC close below $3,714 today would validate Sunday’s bearish outside reversal candle and open the doors to levels below $3,400.The longer duration charts are signaling...

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    /news-article.aspx?ID=62536253

    GOLDMAN SAYS THE US ECONOMY HAS 'SHARPLY DECELERATED' BUT THESE STOCKS CAN STILL DO WELL

    Feb 25, 2019

    In the face of a slowing economy, companies with low operating leverage should outperform, according to Goldman Sachs. Such companies tend to have higher costs associated with more sales, but they have lower fixed costs to cover each month. So when companies are experiencing a drag on sales from a s...

    CNBC
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    /news-article.aspx?ID=62546254

    BANK OF AMERICA TO DROP U.S. TRUST AND MERRILL LYNCH NAMES, REBRAND WEALTH UNIT AS JUST 'MERRILL'

    Feb 25, 2019

    Two of the most vaunted names in banking are fading into retirement. Bank of America said Monday it will gradually retire the U.S. Trust brand to become the Bank of America Private Bank. The move is part of CEO Brian Moynihan's "one-company" strategy to more closely align the bank'...

    CNBC
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    /news-article.aspx?ID=62556255

    REDDIT CO-FOUNDER SAYS CRYPTO HYPE IS GONE – AND THAT’S A GOOD THING

    Feb 25, 2019

    Alexis Ohanian, the co-founder of social media platform Reddit and a VC investor, has said he believes the hype around cryptocurrency has dropped as speculators have fled the market – and that’s good for the industry.In an interview with Yahoo Finance published Friday, Ohanian, said:&ldq...

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    /news-article.aspx?ID=62566256

    DUAL ETHEREUM BLOCKCHAIN UPGRADE TO INITIATE BEFORE MARCH

    Feb 25, 2019

    Ethereum is finally rolling out the delayed upgrade from January 2019, Constantipole along with the measures taken in a second upgrade dubbed St. Petersburg. The upgrade Constantipole was previously delayed owing to the major issues revealed by experts, right before the launch. The security vulnerab...

    CRYPTOPOLITAN
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    /news-article.aspx?ID=62456245

    CRYPTOCURRENCY MARKETS HIT NEW 2019 HIGH AS RALLY RESUMES

    Feb 24, 2019

    Many expected Bitcoin to hit resistance at $4,000 and fall back again in a pattern repeated countless times this year. Instead it has broken through it and settled at the 200 moving average level at around $4,200. This movement has pulled the rest of the altcoins up to a new 2019 high in terms of ma...

    ETHEREUMWORLDNEWS
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    /news-article.aspx?ID=62466246

    GREEN NEW DEAL FUNDING: REMEMBER FINANCE IS A PUBLIC-PRIVATE FRANCHISE, NOT A BIG BROKER IN THE SKY

    Feb 24, 2019

    It is common to hear people claim or assume that finance is about ‘intermediation,’ a matter of channeling scarce funds from virtuous private savers to needful end-users. The picture behind this assertion is that of a gargantuan private broker – the financial system as massive &lsq...

    FORBES
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    /news-article.aspx?ID=62446244

    20 DIVIDEND STOCKS WITH ‘HEADROOM’ TO PAY INVESTORS EVEN MORE

    Feb 22, 2019

    When selecting dividend stocks, it’s critical to take a long, hard look at a company and consider how well the dividend is supported. A dividend cut is a dire scenario. There is no way to be absolutely certain a company won’t lower its payout, but extra homework will reduce that risk. In...

    MSN
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    /news-article.aspx?ID=62356235

    THAILAND GREEN LIGHTS ISSUANCE AND TRADING OF BLOCKCHAIN SECURITIES

    Feb 22, 2019

    The Thai government is moving to allow blockchain-based securities to be issued and traded in the country.According to a report from Bangkok Post on Friday, Thailand’s National Legislative Assembly has approved an amendment to the Securities and Exchange Act legalizing the issuance of tokenize...

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    /news-article.aspx?ID=62426242

    CASPERLABS IS BUILDING A POS BLOCKCHAIN WITH HELP FROM ETHEREUM’S VLAD ZAMFIR

    Feb 22, 2019

    A new startup called CasperLabs has launched with the aim of building a new blockchain based on a version of proof-of-stake (PoS), the experimental consensus protocol most associated with ethereum. Ethereum Foundation researcher Vlad Zamfir will serve as lead consensus protocol architect of the comp...

    COINDESK
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    /news-article.aspx?ID=62436243

    MARKETS RIGHT NOW: S&P 500 BREAKS A 3-DAY WINNING STREAK

    Feb 21, 2019

    The latest on developments in financial markets (all times local):4 p.m.Stocks are closing lower on Wall Street, breaking a three-day winning streak for the S&P 500.The modest decline in the benchmark index Thursday marked only the fourth loss this month.The losses were broad, with health care s...

    FOXBUSINESS
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    /news-article.aspx?ID=62366236

    SPANISH TELECOM GIANT TO TRIAL BLOCKCHAIN CONSUMER DATA MARKETPLACE

    Feb 21, 2019

    Spanish telecom multinational Telefonica is to trial a blockchain-based platform that lets users sell their personal information.The news was announced by Wibson, which offers a decentralized data marketplace that allows individuals to sell “validated” private information for a profit. T...

    COINDESK
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    /news-article.aspx?ID=62326232

    OHIO EYES POTENTIAL BLOCKCHAIN BENEFITS IN REAL ESTATE TRANSACTIONS

    Feb 21, 2019

    A group of county auditors in the U.S. state of Ohio has launched a study of the benefits blockchain tech might bring to property transactions. The County Auditors’ Association of Ohio (CAAO) announced Wednesday that it has formed a working group to determine how blockchain tech can be impleme...

    COINDESK
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    /news-article.aspx?ID=62336233

    OVERSTOCK CEO ELECTRIFIES AT INVESTMENT BANK OPPENHEIMER’S BLOCKCHAIN EVENT

    Feb 21, 2019

    “Warning! This is all risky, it may all fail.”That was how Patrick Byrne, CEO of Overstock, concluded his keynote about investing in blockchain at a Wednesday event in New York hosted by investment bank and brokerage Oppenheimer & Co. Unusually formal in a suit and tie, Byrne electri...

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    /news-article.aspx?ID=62346234

    THE NEXT BIG MARKET CATALYST WILL BE WHAT THE FED SAYS ABOUT ITS BALANCE SHEET THIS WEEK

    Feb 20, 2019

    Federal Reserve Board Chairman Jerome Powell arrives to speak at a press conference after the Fed announced interest rates would remain unchanged, in Washington, DC, January 30, 2019.The market has reason to believe that the Fed is going to stop raising interest rates for a while. Less certain is wh...

    CNBC
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    /news-article.aspx?ID=62166216

    THE SEC IS NOW REVIEWING 2 BITCOIN ETF PROPOSALS

    Feb 20, 2019

    For the first time since August, there are now multiple bitcoin exchange-traded fund (ETF) proposals sitting before the U.S. Securities and Exchange Commission (SEC).The VanEck/SolidX proposal filed with Cboe BZX Exchange has now appeared in Wednesday’s editionof the Federal Register, official...

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    /news-article.aspx?ID=62226222

    CRYPTOS ‘NOT A SUBSTITUTE’ FOR THE PRECIOUS METAL, SAYS WORLD GOLD COUNCIL

    Feb 20, 2019

    Cryptocurrencies are “no substitute for gold,” according to the World Gold Council (WGC).The WGC, a market development organization for the gold industry, published the report late last month, arguing that gold is “very different” from cryptocurrencies. It’s less volati...

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    /news-article.aspx?ID=62236223

    WYOMING LAWMAKERS PASS THREE BILLS IN BOOST FOR STATE’S CRYPTO INDUSTRY

    Feb 20, 2019

    The U.S. state of Wyoming has passed several bills aimed to make the state a top destination for cryptocurrency and blockchain businesses. The Wyoming House of Representatives approved bill SF0125 last week, which recognizes digital assets as property and clears the way for banks to act as crypto cu...

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    /news-article.aspx?ID=62246224

    YOU CAN NOW TEST BINANCE’S DECENTRALIZED CRYPTO EXCHANGE

    Feb 20, 2019

    Binance, the world’s largest cryptocurrency exchange by trading volume, has rolled out public testing for a decentralized trading platform built on its own block chain network. The company announced on Wednesday the new platform – called Binance DEX – is now up for public testing w...

    COINDESK
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    /news-article.aspx?ID=62256225

    ELON MUSK CALLS BITCOIN ‘BRILLIANT,’ BETTER THAN PAPER MONEY FOR VALUE TRANSFER

    Feb 20, 2019

    Elon Musk, founder and CEO of Tesla and SpaceX, has gone public with his belief that cryptocurrency offers an improved alternative to conventional money.In a podcast interview with investment firm ARK Invest on Feb. 19, Musk talked about his views on the future of his companies and responded specifi...

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    /news-article.aspx?ID=62266226

    PAYU IN ADVANCED TALKS TO INVEST UPTO $150M IN CAPITAL FLOAT

    Feb 19, 2019

    Global fintech major PayU is in advanced discussions to invest $100-$150 million in Bengaluru-based CapFloat Financial Services, which owns and operates digital lending platform Capital Float, as the Naspers-owned company looks to expand its reach in India’s small and medium business lending s...

    ECONOMICTIMES
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    /news-article.aspx?ID=62066206

    SOUTH KOREAN CAPITAL’S $1 BILLION STARTUP FUND WILL INCLUDE BLOCKCHAIN FIRMS

    Feb 19, 2019

    The government of South Korea’s capital city has committed to invest 1.2 trillion won ($1.07 billion) by 2022 via an investment fund for startups, including those working with fintech and blockchain. The Seoul Metropolitan Government announced the news Monday, stating that via the Seoul Innova...

    COINDESK
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    /news-article.aspx?ID=62126212

    COINBASE ACQUIRES BLOCKCHAIN-TRACKING STARTUP NEUTRINO FOR UNDISCLOSED PRICE

    Feb 19, 2019

    Coinbase has acquired blockchain analytics startup Neutrino as part of a wider push to offer more diverse crypto assets across borders.“This is particularly important as we work with regulators and agencies in different countries to bring new assets there,” Coinbase’s director of e...

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    /news-article.aspx?ID=62136213

    GERMANY SEEKING INDUSTRY FEEDBACK FOR NATIONAL BLOCKCHAIN STRATEGY

    Feb 19, 2019

    The German government is seeking industry feedback ahead of developing the country’s blockchain strategy by the summer. A Reuters report on Monday, citing anonymous government sources, said that companies and industry groups “that could become stakeholders in a blockchain deployment proc...

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    /news-article.aspx?ID=62146214

    BARCLAYS HOPED 2008 CASH CALL WOULD DRIVE INTERNATIONAL GROWTH, COURT TOLD

    Feb 19, 2019

    Marcus Agius, called as a prosecution witness in the fraud trial of four former senior colleagues, said the bank had hoped to secure partnerships that would reinforce the bank’s global ambitions by granting Barclays “favored nation status” for future business opportunities with inv...

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    /news-article.aspx?ID=62156215

    CRYPTO SECURITIES ARE YEARS AWAY FROM MAINSTREAM, TECHNOLOGISTS SAY

    Feb 18, 2019

    Despite a growing mainstream interest in the use of crypto assets and blockchains as a way to replicate and represent securities, some of the use case’s earliest innovators say sky-high expectations may not be in line with reality. For example, during a panel discussion at the ethereum confere...

    COINDESK
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    /news-article.aspx?ID=62026202

    ETHEREUM SCALING TECH MONOPLASMA WANTS TO LET DAPPS BROADCAST CRYPTO

    Feb 18, 2019

    Blockchain data platform Streamr has officially released a new open-source ethereum scaling technology called Monoplasma. Inspired by a pre-existing scaling solution called plasma, Monoplasma is different in that it focuses specifically on “one-to-many payments” in which users would need...

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    /news-article.aspx?ID=62036203

    FIRST FINANCIAL PRODUCT CONVERTING IP TO CAPITAL VALUE

    Feb 18, 2019

    China’s first asset-backed securities with the financial leases of intellectual property were recently approved for listing on the Shenzhen Stock Exchange. “It’s debatable in the market whether the IP asset can be financed by way of sale and lease back,” Eddie Hu, a partner a...

    VANTAGEASIA
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    /news-article.aspx?ID=62046204

    GAMMA CAPITAL MARKETS HIRES THREE FINANCIAL ADVISERS IN ITALY

    Feb 18, 2019

    The Italian business of the Maltese manager Gamma Capital Markets has appointed three financial advisers with the aim of bolstering the firm's asset management team. Paolo Manara, Giovanna Matarese and Marco Riccaboni join Gamma's financial advisory team in Italy. The trio brings a long expe...

    INVESTMENTEUROPE
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    /news-article.aspx?ID=62056205

    RETHINK, RENEW: SHAPESHIFT CEO ERIK VOORHEES TO REBRAND CRYPTO EXCHANGE

    Feb 17, 2019

    Cryptocurrency exchange startup ShapeShift is planning a major rebrand this year. Announced at ETHDenver, an ethereum developer conference being held in Colorado this weekend, ShapeShift CEO Erik Voorhees said that starting Monday the company will be opening up a closed beta period for selected user...

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    /news-article.aspx?ID=62006200

    MAYER MULTIPLES: THE METRIC THAT HELPS CALL BITCOIN BUBBLES AND BOTTOMS

    Feb 17, 2019

    Calling precise market tops and bottoms is next to impossible in the volatile cryptocurrency markets. That said, some traders believe identifying speculative bubbles and moments of bearish exhaustion can be made possible through the use of a fairly new metric known as the Mayer Multiple. Created by ...

    COINDESK
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    /news-article.aspx?ID=62016201

    A BIG CHANGE IN ACCOUNTING WILL PUT $3 TRILLION IN LIABILITIES ON CORPORATE BALANCE SHEETS

    Feb 16, 2019

    A new corporate accounting rule is about to pull an estimated $3 trillion out of the shadows.Starting this year, companies are required to record the cost of renting assets used in their operations, such as office space, equipment, planes and cars, on their balance sheets rather than bury that expen...

    CNBC
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    /news-article.aspx?ID=61936193

    BIG U.S. EXCHANGES TO SUE SEC OVER 'OVERREACHING' FEE EXPERIMENT

    Feb 16, 2019

    NEW YORK (Reuters) - The three largest U.S. stock exchange operators said they will sue the Securities and Exchange Commission for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. “We disagree with the...

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    /news-article.aspx?ID=61996199

    HSBC FOREX TRADING COSTS CUT SHARPLY BY BLOCKCHAIN - EXECUTIVE

    Feb 14, 2019

    The bank processes between 3,500 and 5,000 trades a day on its “FX Everywhere” system, settling trades worth $350 billion, Mark Williamson, chief operating officer of FX cash trading and risk management, told Reuters.The HSBC platform is a rare example of blockchain technology being put ...

    REUTERS
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    /news-article.aspx?ID=61906190

    JPMORGAN CHASE TO CREATE DIGITAL COINS USING BLOCKCHAIN FOR PAYMENTS

    Feb 14, 2019

    The largest U.S. bank by assets said customers, on depositing money at the bank, will be issued the cryptocurrency that they will be able to use for transactions over the network with other JPMorgan clients.The coin can be redeemed for a U.S. dollar, so its value will largely remain stable, the bank...

    REUTERS
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    /news-article.aspx?ID=61916191

    BITCOIN TO BE DIGITAL GOLD, GALAXY DIGITAL FOUNDER TALKS ON ‘BITCOIN RECOVERY PHASE’

    Feb 13, 2019

    So during a Bloomberg Daybreak show in Europe, today on Feb 13, 2019, Mike Novogratz of Galaxy Digital discusses something very interesting that many investors, traders and crypto enthusiasts were waiting to listen. He says ‘we are in the fresh phase of recovery in crypto’.We’re at...

    COINGAPE
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    /news-article.aspx?ID=61926192

    STOCKS MAKING THE BIGGEST MOVES AFTER HOURS: CISCO, AIG, YELP AND MORE

    Feb 13, 2019

    shares jumped more than 4 percent after hours Wednesday after posting better-than-expected second-quarter earnings. The technology company beat on the top and bottom lines. They reported earnings of 73 cents on revenue of $12.45 billion. Wall Street estimated earnings of 72 cents on revenue of $12.4...

    CNBC
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    /news-article.aspx?ID=61896189

    RUSSIAN CENTRAL BANK SAW MORE FOREIGN APPETITE FOR OFZ BONDS IN JAN

    Feb 12, 2019

    MOSCOW, Feb 12 (Reuters) - Russia's central bank said on Tuesday that foreign investors' holdings of government OFZ bonds had grown in January at their highest pace since early 2018 after non-residents scaled down their share of OFZs last year.The central bank also said there had been no neg...

    CNBC
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    /news-article.aspx?ID=61776177

    CREDIT SUISSE INVESTMENT BANK WON'T SHRINK MORE: CHAIRMAN

    Feb 11, 2019

    ABU DHABI (Reuters) - Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel Azevedo, Citigroup’s head of investment banking, Middle East and Africa. The U.S. lender, which is working t...

    REUTERS
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    TWO REMITTANCE FIRMS GO LIVE WITH RIPPLE-BASED PAYMENTS TO THAILAND

    Feb 11, 2019

    Remittance firms UAE Exchange and Unimoni have gone live with blockchain-based payments using Ripple technology.Finablr, which owns the two brands, announced Sunday that “real-time” cross-border remittances using RippleNet are now live, starting with payments for its international custom...

    COINDESK
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    ACCOUNTING KEY TO RESTORING TRUST IN THE PUBLIC SECTOR – WILLIAMS

    Feb 11, 2019

    Minister without Portfolio in the Ministry of Finance and the Public Service, Fayval Williams, has underscored that good quality fiscal management is important to restoring confidence in the public sector.“High standards of accountability and financial management are essential to rebuilding tr...

    LOOPJAMAICA
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    SURYODAY SMALL FINANCE BANK TO RAISE RS 200 CR BY MARCH END

    Feb 10, 2019

    Suryoday Small Finance Bank (SSFB) aims to raise Rs 200 crore by the end of the next month from the existing and new investors. SSFB, which started its banking operations in 2017, has large presence in three states including Maharashtra. "In order to give push to expansion plan, the bank is loo...

    THE ECONOMIC TIMES
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    /news-article.aspx?ID=61636163

    DEALING WITH COMMON ISSUES IN A BOC AUDIT

    Feb 10, 2019

    When shipments are “cleared” at the border after payment of duties and taxes, importers often assume that the Bureau of Customs (BoC) will simply move on without double-checking the shipment. This assumption is inaccurate. The BoC can actually conduct an audit of past transactions, simil...

    BUSINESSWORLD
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    /news-article.aspx?ID=61646164

    UAE TO DISCUSS BLOCKCHAIN AND DIGITAL ASSETS AT 7TH WORLD GOVERNMENT SUMMIT

    Feb 08, 2019

    The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news was reported by business news outlet the Gulf Today on Feb. 7.The MoF will hold two closed session...

    COINTELEGRAPH
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    /news-article.aspx?ID=61546154

    BARCLAYS TO SHIFT SOME CREDIT AND EQUITY DERIVATIVES SALES JOBS TO PARIS: SOURCES

    Feb 08, 2019

    LONDON (Reuters) - Barclays is shifting some jobs in its London-based credit and equity derivatives sales teams to Paris as it reorganizes its operations ahead of Brexit, two sources familiar with the matter said. Last month the bank warned staff in charge of credit and equity derivatives sales for ...

    REUTERS
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    /news-article.aspx?ID=61766176

    BANK OF AMERICA APPOINTS HEAD OF NEW EU UNIT IN BREXIT MOVE

    Feb 08, 2019

    Bank of America Merrill Lynch has named Sanaz Zaimi as head of its new Paris-based European Union broker-dealer unit BofA Securities Europe, the U.S. bank said on Friday.“We began the relocation of roles to our new Paris office this week. This is a critical milestone in the development of our ...

    REUTERS
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    /news-article.aspx?ID=61796179

    THE NEW-AGE OF FINANCIAL DIS-INTERMEDIATION – P2P, STOS, BLOCKCHAIN, & CRYPTOCURRENCIES

    Feb 07, 2019

    The Financial Services industry has always been resistant to disruption. Till the twentieth century, the banks have always been placed at the center-hub of any national economy.It has been tough to disrupt these entrenched institutions with multiple moats around them. What are these moats like? Bank...

    BLOKT
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    /news-article.aspx?ID=61556155

    DEAL BOX INNOVATION FINANCE FORUM 2019

    Feb 07, 2019

    SAN DIEGO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Deal Box, Inc., a pioneering digital securities platform and FinTech capital advisory firm, today announced that it is hosting an invitational investment forum in Newport Beach today featuring the Deal Box community of client companies and keynote speaker...

    GLOBENEWSWIRE
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    /news-article.aspx?ID=61566156

    RIPPLE ADDS 11 NEW UNIVERSITY BLOCKCHAIN RESEARCH INITIATIVE PARTNERS TO FUND RESEARCH AND EDUCATION

    Feb 07, 2019

    Ripple, one of the most mature companies in the blockchain space, is currently helping lead development for blockchain-focused academia and research.The blockchain based global settlements network launched its University Blockchain Research Initiative (UBRI) in June of last year to accelerate academ...

    FORBES
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    /news-article.aspx?ID=61576157

    SOCIAL TRADING GIANT ETORO ADDS CRYPTO BUYING AND SELLING IN 32 US STATES

    Feb 07, 2019

    Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S.The firm announced Thursday that the new platform allows U.S. customers from 32 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also sched...

    COINDESK
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    /news-article.aspx?ID=63406340

    CITY OF DENVER TO PILOT BLOCKCHAIN VOTING APP IN COMING ELECTIONS

    Feb 07, 2019

    A U.S. city plans to utilize a blockchain system to store and track votes in its upcoming municipal elections in May. Denver, Colorado, announced Thursday that it would implement a pilot program to allow overseas voters, active-duty military personnel and their eligible dependents to vote using a bl...

    COINDESK
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    /news-article.aspx?ID=63416341

    CONSENSYS TARGETS CRYPTO PRIVACY AND ADOPTION WITH NEW INVESTMENTS

    Feb 07, 2019

    The venture capital arm of ethereum development studio ConsenSys is continuing to invest in the blockchain and cryptocurrency space with the backing of two early-stage startups. ConsenSys Ventures announced Thursday that it invested $1.15 million investment in zero-knowledge proof (ZKP) cryptography...

    COINDESK
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    /news-article.aspx?ID=63426342

    LEDGERPRIME RAISES $12 MILLION FOR CRYPTO QUANT TRADING

    Feb 07, 2019

    LedgerPrime, a digital asset investment firm led by former Wall Street whizzes, has closed on $12 million of institutional capital and secured commitments for another $8 million.The proprietary trading firm, which began trading in the spot and derivatives markets for cryptocurrency in the fourth qua...

    COINDESK
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    /news-article.aspx?ID=63436343

    73% OF UK CONSUMERS SAY THEY DON’T KNOW WHAT CRYPTOCURRENCY IS

    Feb 07, 2019

    Seventy-three percent of U.K. consumers don’t know what a cryptocurrency is or are unable to define it, according to a new survey from the country’s financial watchdog, the Financial Conduct Authority (FCA).
    Announced Thursday, the research indicates that those who are most aware ...

    COINDESK
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    /news-article.aspx?ID=63446344

    SOFTBANK SELLS OFF ITS $3.6B STAKE IN NVIDIA, MULLS RAISING MORE CAPITAL

    Feb 06, 2019

    Japanese tech giant Softbank said Wednesday that its Vision Fund has sold off a stake in chipmaker Nvidia worth $3.6 billion. Meanwhile, Softbank is contemplating raising more capital for its $98.6 billion Vision Fund.Softbank made the announcements while reporting its financial earnings. In the las...

    FORTUNE
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    /news-article.aspx?ID=61486148

    WINSTON-SALEM-BASED BLOCKCHAIN TECHNOLOGY COMPANY CONTINUES TO GAIN MOMENTUM

    Feb 06, 2019

    In the same month, blockchain technology company Fluree PBC will attend the Google for Entrepreneurs' Startup Grind Conference in Redwood City, California, and will participate in a global hackathon tracking seafood traceability in Bangkok, Thailand.

    BIZJOURNALS
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    /news-article.aspx?ID=61496149

    2 EXPERTS SEE BITCOIN (BTC) RISING 84% THIS YEAR

    Feb 05, 2019

    After its strong ascent at $US20,000 in the final quarter of December 2017 courtesy of a global virtual currency fad, bitcoin shed more than 70 pct of its market value and spent most of 2018 tip-toeing between the $US4000 level.  The crypto was trading under $US3500 as of this posting.Two finte...

    LIVEBITCOINNEWS
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    /news-article.aspx?ID=61406140

    MARKET PARTICIPANTS AND REGULATORS SHOULD BE MORE VIGILANT OF NON-BANKS

    Feb 05, 2019

    The  Financial Stability Board (FSB) released its eighth annual global monitoring report on non-bank financial intermediation (NBFI). On 22 October 2018, the FSB announced its decision to change the term “shadow banking” with the term “non-bank financial intermediation” ...

    FORBES
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    /news-article.aspx?ID=61456145

    NON-BANKS NEED TO BE MORE TRANSPARENT ABOUT THEIR LEVERAGED LOANS AND OTHER HIGH-YIELD EXPOSURES

    Feb 04, 2019

    As part of its role to monitor systemic risks around the world, the Financial Stability Board (FSB) today released its eighth annual global monitoring report on non-bank financial intermediation (NBFI). Of particular concern, the FSB report shows that global high-yield debt (also known as leveraged ...

    FORBES
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    /news-article.aspx?ID=61466146

    THE FUTURE OF INVESTING: FINTECH 50 2019

    Feb 04, 2019

    vWant half a share of Apple, or bitcoin alongside protective puts? The investing, trading and wealth management firms on Forbes’ Fintech 50 2019 offer more than just the services once exclusive to big banks and traditional financial firms. They’re tapping into markets by merging new tric...

    FORBES
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    /news-article.aspx?ID=61476147

    BUD RAISES $20M TO CONNECT BANKS TO FINTECHS AND OTHER FINANCIAL SERVICE PROVIDERS

    Feb 04, 2019

    Bud, the U.K. fintech that helps banks connect their apps and data to other fintech  companies and financial service providers, has closed over $20 million in further funding. The Series A round sees the company pick up backing from a number of banks: HSBC (which, via First Direct, it also coun...

    TECHCRUNCH
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    /news-article.aspx?ID=61326132

    STOCK MARKET SEES SIGNIFICANT GROWTH, WHILE BITCOIN KEEPS STABILITY OVER PAST 7 DAYS

    Feb 04, 2019

    The major cryptocurrency Bitcoin is up around 0.2 percent over the past 24 hours, and is trading at $3,470 as of press time. However, following some slight losses on the week, Bitcoin is holding its weekly momentum, reporting 0.26 growth over the past 7 days at press time. With that, Bitcoin is down...

    COINTELEGRAPH
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    /news-article.aspx?ID=61416141

    TOP 5 CRYPTO PERFORMERS OVERVIEW: LITECOIN, BINANCE COIN, RIPPLE, BITCOIN, TRON

    Feb 03, 2019

    Although Bitcoin (BTC) has managed to maintain its dominance throughout the bear market, we are seeing some major cryptocurrencies outperform it. This shows that the market has started to favor some coins and disregard the others.We believe that some cryptocurrencies might bottom out even before Bit...

    COINTELEGRAPH
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    /news-article.aspx?ID=61426142

    US SECURITIES REGULATOR SOLICITS BLOCKCHAIN ANALYTICS COMPANIES FOR DATA REVIEW

    Feb 03, 2019

    The United States Securities and Exchange Commission (SEC) is seeking sources for blockchain data and its analysis, a statement issued by the agency revealed on Jan. 31.According to the statement, the SEC is trying to find businesses able to provide blockchain data to support its risk monitoring and...

    COINTELEGRAPH
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    /news-article.aspx?ID=61436143

    BEXPLUS INVESTMENT ADVICE-DOUBLE YOUR BITCOIN IN “BEAR MARKET”

    Feb 03, 2019

    Most professionals predict that after one-year depreciation of the Bitcoin market in 2018, the Bitcoin price probable keep decline in 2019. If you buy 1 Bitcoin in the spot trade market with 10000 dollars at the beginning of 2018, your Bitcoin may only value 3500 dollars at present. In “Bitcoi...

    GLOBALCOINREPORT
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    /news-article.aspx?ID=61446144

    US CAPITAL ADVISORS REITERATES “HOLD” RATING FOR TALLGRASS ENERGY (TGE)

    Feb 03, 2019

    US Capital Advisors restated their hold rating on shares of Tallgrass Energy (NYSE:TGE) in a report issued on Wednesday, January 16th. US Capital Advisors also issued estimates for Tallgrass Energy’s Q1 2019 earnings at $0.41 EPS, Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.53 EPS an...

    FAIRFIELD CURRENT
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    /news-article.aspx?ID=61336133

    US-BASED INVESTOR SEEKS LOCAL FUND MANAGERS IN SH10BN PLAN

    Feb 03, 2019

    US-based investment company Capria is evaluating several fund managers in Kenya with a view to putting in part of its recently raised Sh10 billion with them for investment in areas of high potential returns. Capria opened in Nairobi towards the end of last year targeting Kenya and other African coun...

    BUSINESS DAILY
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    /news-article.aspx?ID=61306130

    BANK BULK TRANSFERS FLAT AS MOBILE MONEY RISES

    Feb 03, 2019

    The growth in the volume of bulk cash transfers through banks fell flat last year as alternative payment methods such as mobile money continued to take root. Central Bank of Kenya (CBK) data shows that in 2018, the volumes moved through the Real-time Gross Settlement (RTGS) system went up by 0.9 per...

    BUSINESS DAILY
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    /news-article.aspx?ID=61316131

    BLOCKCHAIN TECHNOLOGISTS AND FINANCE VETERANS COLLABORATE TO BRING BLOCKCHAIN TO CAPITAL MARKETS

    Jan 30, 2019

    Bridging old-world and new-world finance is something that blockchain technology has aimed to achieve since bitcoin was first released in January 2009. Ten years later, this is coming to fruition as blockchain-based solutions designed to enable faster, more transparent, peer-to-peer financial transa...

    FORBES
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    /news-article.aspx?ID=61346134

    US CONSUMERS RATTLED BY SHUTDOWN, ROILING MARKETS

    Jan 29, 2019

    U.S. consumer confidence tumbled this month to its lowest reading in a year and a half, tested by the partial government shutdown and roiling financial markets. Still, consumer spirits remain robust by historic standards.The Conference Board, a business research group, said Tuesday that its consumer...


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    /news-article.aspx?ID=61156115

    TRUMP EXPECTS CONGRESS TO HELP OVERHAUL FANNIE MAE, FREDDIE MAC

    Jan 29, 2019

    The administration of U.S. President Donald Trump intends to include Congress in any effort to pull back on its control over mortgage finance firms Fannie Mae and Freddie Mac, a White House official said on Tuesday. Details are still being hammered out, but the White House said it plans to announce ...


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    /news-article.aspx?ID=61166116

    GAMESTOP STOCK IS PLUNGING AFTER THE COMPANY FAILS TO FIND A BUYER

    Jan 29, 2019

    GameStop is selling, but it looks like nobody wants to buy. The video game retailer has given up on trying to sell the company as part of a broader strategic review spurred by investors last May. As of the time of this writing, the stock price is cratering from the news, down $4.09, or 26.4%. The co...


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    /news-article.aspx?ID=61176117

    CONTRARIAN INVESTORS CONSIDER WADING INTO EMERGING MARKETS BUT RISKS REMAIN

    Jan 29, 2019

    Investors in emerging markets had their heads handed to them in 2018, losing roughly 18% of their value on the year. If that wasn’t bad enough, just days before the World Economic Forum was slated to begin in Davos, Switzerland, the International Monetary Fund released its World Economic Repor...


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    /news-article.aspx?ID=61186118

    CRYPTOCURRENCY TOOLS AIMED AT MILLENNIAL INVESTORS ARE GAINING TRACTION

    Jan 29, 2019

    While major institutional-grade cryptocurrency tools have been created in response to a growing interest in investing in digital assets, new solutions geared towards younger investors could gain traction this year.Even with all the risks associated with investing in cryptocurrencies, millennials in ...


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    /news-article.aspx?ID=61196119

    WHEN IT COMES TO BANKING, ARE WE TOO CONCERNED ABOUT REGULATION?

    Jan 29, 2019

    We are told that we need banking regulation, as it protects both our money and our confidence with banks to hold it securely. But with questions over blockchain and cryptocurrency, why is it so important that licenses are held these days?In times of previous financial crisis, a run on the banks can ...


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    /news-article.aspx?ID=61066106

    FLYBE: UP 30% TODAY, TIME TO BUY THIS STOCK?

    Jan 28, 2019

    Flybe Group plc trading up 30% on the open and here is why…Flybe operates a fleet of over 80 aircrafts through Flybe UK and Flybe aviation services segments. These provide aviation services such as maintenance, repair and overhaul services to its own fleet and to third party customers. Flybe ...


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    /news-article.aspx?ID=61076107

    STOCK SPIRITS' TOP INVESTOR SEEKS TO OUST CHAIRMAN

    Jan 28, 2019

    Stock Spirits' top shareholder on Monday called for the removal of the vodka maker's chairman and raised questions about its growth prospects, more than two years after the investor won a battle to oust the company's then chief executive officer. Western Gate Private Investments Ltd, whi...


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    /news-article.aspx?ID=61086108

    'TOTAL SHOCK': PDVSA WORKERS TAKE STOCK OF U.S. SANCTIONS' IMPACT

    Jan 28, 2019

    Shock and fear swept through the headquarters of Venezuela's state-owned oil firm, PDVSA, on Monday, employees said, after the United States imposed sanctions aimed at limiting President Nicolas Maduro's access to oil revenues.A high-level manager said PDVSA President and Oil Minister Manuel...


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    /news-article.aspx?ID=61096109

    CATERPILLAR STOCK SLIDES ON PROFIT MISS, CHINA SALES FORECAST

    Jan 28, 2019

    Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs, sending shares of the heavy machinery maker tumbling as much as 10 percent. Industrial bellwether Caterpillar now expects construction equipment sales in China, the wor...


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    /news-article.aspx?ID=61056105

    STOCKS THIS WEEK: SHORT PAYPAL AND BUY ADVANCED MICRO DEVICES

    Jan 27, 2019

    The S&P 500 is likely to move higher in the coming week. The index is up against a downtrend line but will likely break through. The Value Line index, an equally weighted index of 1700 stocks, has already broken its downtrend line. Because this index is more representative of the market, the S&a...


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    /news-article.aspx?ID=60996099

    CAPITAL ONE'S Q4 RESULTS SAW HEADWINDS, BUT ITS SHARES STILL LOOK UNDERPRICED

    Jan 25, 2019

    Capital One reported a worse-than-expected EPS figure for the fourth quarter despite meeting revenue expectations, as unusually high marketing expenses for the period hurt the bottom line. Notably, the bank’s reported EPS figure was well ahead of expectations due to a one-time accounting gain,...


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    /news-article.aspx?ID=60986098

    INADEQUATE CONTROLS ARE THE ACHILLES HEEL FOR FOREIGN BANKS IN THE US

    Jan 24, 2019

    Preventing terrorist financing, money laundering and other illicit financial transactions is a key focus for law enforcement agencies and regulators. Cyber criminals, terrorist groups and organized criminal enterprises across the globe camouflage their transactions through the international financia...


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    /news-article.aspx?ID=60956095

    THE GOOGLE MACHINE SAYS STOCKS ARE IN BIG TROUBLE

    Jan 24, 2019

    Markets are said to be driven by fear and greed. In market cycles the shift from fear driven markets to greed driven markets is obviously correlated to bull and bear waves.However, fear and greed are not in equal amounts because the active base of participants is not likely to experience both emotio...


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    /news-article.aspx?ID=60966096

    THE BEST DIVIDEND STOCKS FOR COVERED CALLS IN 2019

    Jan 24, 2019

    A crazy stock market is perfect for covered call writers. When volatility is high, so are option premiums, which means this popular income strategy should be a profitable one throughout 2019.New to covered calls? Here’s how they work.You buy at least 100 shares of a stock or fund. You now own ...


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    /news-article.aspx?ID=60976097

    JPMORGAN'S PRIVATE BANK EXPANDS BUSINESS IN MEXICO: REGIONAL CEO

    Jan 23, 2019

    JPMorgan Chase & Co's private bank is expanding in Mexico and elsewhere in Latin America, the unit's regional CEO said on Wednesday, as wealth creation and political changes bolster the sector's prospects.The bank plans to increase the number of its frontline private bankers in Latin...


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    /news-article.aspx?ID=60856085

    FORD POSTS QUARTERLY LOSS AMID STRUGGLES IN EUROPE, CHINA

    Jan 23, 2019

    Ford Motor Co., which has struggled overseas and saw U.S. sales fall last year, reported its first quarterly net loss in two years Wednesday.The Dearborn, Michigan, company said it lost $116 million, or 3 cents a share, in the fourth quarter, compared with a $2.52 billion profit a year earlier. It l...


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    /news-article.aspx?ID=60866086

    PROCTER & GAMBLE BETS ON DEMAND FOR HIGH-END FABRIC, SKIN-CARE PRODUCTS

    Jan 23, 2019

    Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products.Premium products such as Gain or Downy fabric enhancer beads and SK-II skincare prod...


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    /news-article.aspx?ID=60876087

    SINGAPORE STOCK MARKET MAY FIND TRACTION ON THURSDAY

    Jan 23, 2019

    The Singapore stock market has fallen lower in three straight sessions, sinking almost 50 points or 1.6 percent along the way. The Straits Times Index now rests just above the 3,170-point plateau although it may stop the bleeding on Thursday.The global forecast for the Asian markets is cautiously op...


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    /news-article.aspx?ID=60886088

    HERE'S WHY WATERS CORPORATION STOCK IS JUMPING TODAY

    Jan 23, 2019

    Shares of Waters Corporation (NYSE: WAT) , a specialty measurement company, are on the move following a fourth-quarter earnings report that beat expectations and provided hints of more good times to come. The stock had risen 11.7% as of 10:36 a.m. EST on Wednesday. Waters Corporation shareholders ex...


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    /news-article.aspx?ID=60896089

    U.S. AIRLINES TAKE STOCK MARKET HIT AS GOVERNMENT SHUTDOWN REACHES 32 DAYS

    Jan 22, 2019

    The government shutdown went into his second month (32nd day) on January 22, and the stock market fell over 300 points. Airline stocks like American, United, Delta, and Southwest were big losers. United dropped 2.63%, while Southwest fell 2%. Delta fell 2.1% to 47.10, near its year low of 45.08. And...


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    /news-article.aspx?ID=60756075

    WHY THE S&P 500'S LONG-TERM PERFORMANCE IS SO CONFUSING TO INVESTORS

    Jan 22, 2019

    Be positive.  Think positive.  Don’t focus on the negatives.  Forget about it.  These are all great pep talk lines.  But for investors in 2019 and beyond, they are a trap, and a good way to lose a small fortune or a big one.  See the chart immediately below for pr...


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    /news-article.aspx?ID=60766076

    TAX TIME: MAKING SENSE OF FORM W-2 WHEN YOU HAVE STOCK COMPENSATION

    Jan 22, 2019

    By now you’ve probably received your Form W-2. Remember that it’s not just for reporting your salary to you and the IRS. Your W-2 includes income from any other compensation sources you may have, such as stock options, restricted stock, restricted stock units, employee stock purchase pla...


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    /news-article.aspx?ID=60776077

    GOLDMAN SACHS BACKS UK-BASED ROBO ADVISER NUTMEG IN LATEST FUNDING ROUND

    Jan 22, 2019

    U.K.-BASED online wealth manager Nutmeg said on Tuesday it raised $58.2 million in funding from investors, including Goldman Sachs Group Inc, proceeds of which will be used mainly for international expansion.The latest funding round values Nutmeg Saving and Investment Ltd at 245 million pounds ($317...


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    /news-article.aspx?ID=60786078

    UBS SETS GLOOMY TONE FOR EUROPE'S BANKS

    Jan 22, 2019

    UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector. Shares in Switzerland's biggest bank fell 4 percent on Tuesday after its fourth quarter earnings fe...


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    /news-article.aspx?ID=60796079

    EX-SWISS BANKER CONVICTED FOR SELLING SECRET TAX DATA TO GERMANY

    Jan 21, 2019

    A former UBS banker accused of selling information about wealthy German tax evaders to German authorities was convicted of economic espionage by a Swiss court on Monday.Rene S., as the 45-year-old ex-banker was called during court proceedings, was sentenced to 40 months in prison and must pay fines ...


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    /news-article.aspx?ID=60676067

    FOUR SOLID STOCKS AT BARGAIN PRICES

    Jan 21, 2019

    A harsh December capped a hard fourth quarter for stocks. Many good companies have been knocked down, some to bargain levels.I’ve picked four of them for my "Casualty List," a quarterly compilation of wounded stocks that I believe may recover strongly.The Casualty List has a profitab...


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    /news-article.aspx?ID=60696069

    EUROPEAN SHARES SLIP AFTER WEAK CHINESE GDP DATA

    Jan 21, 2019

    European shares slipped on Monday from six-week highs after China's fourth-quarter growth figures confirmed a slowdown in the world's second-biggest economy, with 2018 its weakest year since 1990.The pan-European STOXX 600 <.STOXX> fell 0.3 percent and Germany's exporter-heavy DAX ...


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    /news-article.aspx?ID=60706070

    BANKS IN DESPERATE RUSH TO EMBRACE MOBILE TECHNOLOGY

    Jan 20, 2019

    Banks all over the world are rushing to change the way customers interact with financial services. Well, they want to make that happen. However, they’ve had a hard time finding expert partners and data security. But now, there’s a tiny financial technology startup from San Francisco call...


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    /news-article.aspx?ID=60616061

    STOCK MARKET EARNINGS REPORTS - SO FAR, SO GOOD, BUT WE NEED MORE

    Jan 19, 2019

    Last week’s bank-dominated earnings reports provided assurance that the financial sector is doing fine. (See Table 1, below.) The major banks enjoyed increased revenues/earnings from higher interest rates. The issues raised were poor trading results (a volatile quarterly component) and a moder...


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    /news-article.aspx?ID=60626062

    APPLE AND NVIDIA JOIN FACEBOOK IN MY BEAR MARKET PORTFOLIO

    Jan 18, 2019

    If you missed the big gains in Apple and Nvidia during the bull market, you can buy them now for 30% and 50% less than just four months ago. Buying the right stocks after Wall Street sells them off is one of the more consistently profitable strategies employed by my managers. If you don't alread...


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    /news-article.aspx?ID=60596059

    WYOMING INTRODUCES BILL OFFERING CRYPTOCURRENCIES LEGAL CLARITY TO ATTRACT BLOCKCHAIN BUSINESS

    Jan 18, 2019

    In a significant move for the advancement and legitimization of cryptocurrencies and blockchain businesses in the United States, Wyoming has introduced a bill that aims to clarify the legal position of digital assets, as well as offer digital asset custody through banks rather than financial institu...


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    /news-article.aspx?ID=60606060

    NETFLIX FORECAST MISSES WALL STREET VIEW, SHARES DIP

    Jan 17, 2019

    The company released its massively popular dystopian movie "Bird Box" in late December, which helped attract a record 8.8 million new paid streaming customers in the fourth quarter.Investors, however, appear to have factored that, and the price hike, into their valuation, pushing Netflix s...


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    /news-article.aspx?ID=60526052

    FOUR TOP STOCK PICKS FOR 2019: ABBVIE, IBM, MCCORMICK AND STARBUCKS

    Jan 17, 2019

    Every year for over three decades, MoneyShow.com has surveyed the nation’s leading newsletter advisors asking for their favorite stocks for the year ahead.The rapid growth has been achieved from its blockbuster biologic autoimmune drug Humira, which is the world’s number one drug, with a...


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    /news-article.aspx?ID=60536053

    VOLATILE MARKET HITS MORGAN STANLEY'S TRADING, WEALTH MANAGEMENT

    Jan 17, 2019

    Morgan Stanley's quarterly profit fell short of expectations as bond trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down 4.4 percent.The bank has pledged that its expansion into wealth management over the past decade would help deliver mo...


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    /news-article.aspx?ID=60686068

    WHAT CAN MOVE WHEATON PRECIOUS METALS' STOCK BY 30% IN 2019?

    Jan 17, 2019

    After a subdued performance in 2017 and the first nine months of 2018 being relatively flat, we expect Wheaton Precious Metals (NYSE: WPM) to end 2018 with 3.5% lower revenues compared to 2017. Lower silver revenue is expected to be a major drag on gross revenue. Silver accounts for almost 45% of WP...


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    /news-article.aspx?ID=60496049

    CHINA'S CENTRAL BANK WILL PROP UP COUNTRY'S STOCK MARKET

    Jan 16, 2019

    Hold on there, China bears. The People’s Bank of China (PBoC) just might save Shanghai and Shenzhen stocks from another bear market year. China’s PBoC will buy local listed shares to prop up a stock market that’s down over 25% in the last 12 months.It’s already working. The X...


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    /news-article.aspx?ID=60516051

    INVESTORS END 13 STRAIGHT WEEKS OF U.S. FUND WITHDRAWALS

    Jan 16, 2019

    Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday.U.S.-based stock mutual funds and exchange-traded funds attracted a net $11.3 billion during the week ended Jan. 9, while bonds gather...


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    /news-article.aspx?ID=60426042

    SNAP SHARES HIT BY SECOND CFO EXIT IN A YEAR

    Jan 16, 2019

    SHARES OF Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign.Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Volle...


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    /news-article.aspx?ID=60436043

    BANKERS EXPECT A PROFIT BUMP FROM OPEN BANKING

    Jan 15, 2019

    Bankers have high expectations of Open Banking according to a new study from Accenture. More than half expect it will help them grow revenues by 10 percent while a third think it will increase revenues by up to 20 percent.Commercial customers are just as enthusiastic — 35% say they already par...


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    /news-article.aspx?ID=60326032

    CHINA CENTRAL BANK INJECTS RECORD NET $83 BILLION IN OPEN MARKET OPERATIONS

    Jan 15, 2019

    China's central bank on Wednesday made its biggest daily net cash injection via reverse repo operations on record, more evidence that authorities are shifting to policy easing to counter a slowdown in the world's second largest economy.The People's Bank of China said the injection was to...


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    /news-article.aspx?ID=60336033

    ASIAN STOCKS MIXED ON POOR JAPANESE DATA, GROWTH FEARS

    Jan 15, 2019

    Asian markets were mixed on Wednesday as poor Japanese data and worries about global growth put a damper on trading.KEEPING SCORE: Japan's Nikkei 225 index slipped 0.6 percent to 20,430.73 while South Korea's Kospi added 0.3 percent to 2,102.45. Hong Kong's Hang Seng fell 0.3 percent to ...


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    /news-article.aspx?ID=60396039

    5 DIVIDEND-PAYING STOCKS HITTING NEW 52-WEEK HIGHS RIGHT NOW

    Jan 15, 2019

    Maybe it's the expectation that interest rates are peaking. Maybe it has to do with the sectors they're serving. Maybe it's all about how well run these might be. Maybe they've just been hyped in the media without any fundamental reason. Whatever it is, these 5 stocks are hitting new...


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    /news-article.aspx?ID=60406040

    DOING A BUFFETT? BET ON S&P 500 CAUSES FLAP ON OPTIONS MARKET

    Jan 14, 2019

    An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett's famous wager on global stocks more than a decade ago.The trader sold 19,000 put options on the S&P 500 Index <.SPX> obligating him or her to buy the market be...


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    /news-article.aspx?ID=60236023

    ROUND TWO: BANK EARNINGS CONTINUE WITH JPMORGAN AND WELLS FARGO ON TUESDAY

    Jan 14, 2019

    Earnings season starts to pick up the pace this week, with reports from JP Morgan and Wells Fargo scheduled before market open on Tuesday, January 15.Between the Fed’s rate hike path, growing concerns regarding global economies and future growth, and geopolitical uncertainty, there’s ple...


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    /news-article.aspx?ID=60296029

    BASEL EASES CAPITAL HIT FROM NEW TRADING BOOK RULES FOR BANKS

    Jan 14, 2019

    Revisions to global rules for bank trading books will result in a halving of the extra capital needed from January 2022 to cover risks from market price swings, the Basel Committee said on Monday.It marks a completion of a welter of changes introduced by Basel since taxpayers had to bail out underca...


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    /news-article.aspx?ID=60306030

    FINTECH FIRMS WANT TO SHAKE UP BANKING, AND THAT WORRIES THE FED

    Jan 14, 2019

    The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.The Office of the Comptroller of the Curren...


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    /news-article.aspx?ID=60316031

    STOCK MARKET TANTRUMS ARE OVER, BUT FOR HOW LONG?

    Jan 14, 2019

    Equities have been behaving like a recession is looming. That dire outlook seems overdone. While major global stock markets were battered in 2018 – and even the initially resilient U.S. Standard & Poor's (S&P) 500 stumbled – we still expect equities to deliver solid returns i...


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    /news-article.aspx?ID=60506050

    BEAR MARKET RALLY WILL STALL OR ACCELERATE BASED ON THIS WEEK'S CLOSES

    Jan 13, 2019

    The bear market for stocks began when the five major equity averages began to crash in early-October. At the end of September, the 12x3x3 weekly slow stochastic readings were above 90.00 on a scale of 00.00 to 100.00. Readings above 80.00 are overbought and I consider readings above 90.00 as an &ldq...


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    /news-article.aspx?ID=60216021

    FORGING ON IN THE BEAR MARKET - ACCORDING TO INVESTOR OLIVER ISAACS CRYPTO IS STILL GETTING STARTED

    Jan 13, 2019

    Although we have been facing a doom and gloom scenario for months in the crypto markets, the situation is not that negative for some. Investor and advisor, Oliver Isaacs has risen from behind the scenes to become one of the top blockchain investors, influencers and strategists in the space.  He...


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    /news-article.aspx?ID=60226022

    CHINA STOCK MARKET INFLOWS COULD DOUBLE IN 2019 - SECURITIES OFFICIAL

    Jan 12, 2019

    The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday."Last year, net foreign stock market inflows reached 300 billion yuan ($...


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    /news-article.aspx?ID=60196019

    ARE AGE-BASED FUNDS PROTECTING U.S. INVESTORS CLOSE TO RETIREMENT?

    Jan 11, 2019

    One of the biggest trends in retirement saving over the past decade has been the shift to target date funds - broadly diversified mutual fund products that automatically adjust the blend of stocks and bonds as your retirement date approaches. The idea is to reduce the risk of big losses as your expe...


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    /news-article.aspx?ID=60206020

    U.S. BUYBACK MARKET SUPPORT MAY WANE IN 2019

    Jan 10, 2019

    U.S. companies' shopping spree for their own shares helped put a floor on market declines in 2018. Don't look for the same level of support in 2019.Wall Street's recent volatility has optimists betting that buybacks could provide the market with an even better buffer in 2019. But many st...


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    /news-article.aspx?ID=60116011

    HSBC TO PAY $30 MILLION TO SETTLE BOND RIGGING LAWSUIT IN U.S.

    Jan 10, 2019

    HSBC Holdings Plc has agreed to pay $30 million to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015.The settlement with the British bank was made public late Wednesday night in the federal court in Manhattan, a...


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    /news-article.aspx?ID=60126012

    VOLKSWAGEN SELLS RECORD 6.24 MILLION VW VEHICLES IN 2018

    Jan 10, 2019

    Volkswagen sold a record 6.24 million of its VW-branded vehicles last year despite delivery problems caused by new anti-pollution rules, but warned the company would continue to face considerable challenges in 2019.Still battling to recover from a 2015 emissions test cheating scandal and facing tigh...


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    /news-article.aspx?ID=60136013

    PROBLEM WITH THIS STOCK MARKET RALLY: MAJOR RESISTANCE LEVELS JUST ABOVE

    Jan 10, 2019

    The upward move off the late December low prices is nice, but the heaviness of the resistance levels just above may prove difficult to overcome. This is true of all the major indexes and most of the sub indexes. By resistance level, I mean those clusters of price areas where major selling took place...


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    /news-article.aspx?ID=60016001

    STOCKS RISE FOR FIFTH STRAIGHT DAY AS THE FED SUPPORTS

    Jan 09, 2019

    An index of world stock markets rose on Thursday as worries over the lack of clear signs of a resolution to the U.S.-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank has the ability to be patient on monetary policy.The dollar rebounded...


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    /news-article.aspx?ID=60096009

    LENNAR SEES HOUSING DEMAND REBOUNDING, SHARES UP NEARLY 10 PERCENT

    Jan 09, 2019

    Lennar Corp said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market.The company's shares reversed course to trade up nearly 10...


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    /news-article.aspx?ID=60106010

    3 STRATEGIES FOR INVESTING IN RETAIL STOCKS IN 2019

    Jan 09, 2019

    2018 was a wild ride for investors, and thus far, 2019 appears to be no different. Many major retailers have seen their stocks under-perform the market and fall into private bear markets (defined by a decline of over 20% below a recent high) over the past few months. Now, people want to know what wi...


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    /news-article.aspx?ID=59995999

    OIL AND ENERGY STOCKS HAVE BOTTOMED FOR NOW

    Jan 09, 2019

    There is an old market maxim that major corrections generate leadership changes. The worst performers frequently rebound quickly at lows. Below, we see the relative strength ratings versus the S&P 500 for the sectors at the December 24 low. Note that energy was in last place. The histogram of oi...


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    /news-article.aspx?ID=60006000

    BOEING DELIVERS RECORD 806 AIRCRAFT IN 2018, SHARES JUMP 4 PERCENT

    Jan 08, 2019

    Boeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world's biggest planemaker for the seventh straight year.The company's shares rose as much as 3.9 percent to $340.90 and were the biggest percentage gainer on the Dow Jones Industrial A...


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    /news-article.aspx?ID=59935993

    MEXICO TO CUT TAXES ON IPOS, STOCKS NEAR TWO-MONTH HIGH

    Jan 08, 2019

    Mexico's leftist government said on Tuesday it would lower taxes on owners of businesses that issue shares, lifting the local stock market, which was battered last year by worries about policymaking under the new administration.Finance Minister Carlos Urzua said at a government-sponsored event i...


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    /news-article.aspx?ID=59955995

    TOP 5 NASDAQ STOCKS FOR 2018 BY PERFORMANCE

    Jan 08, 2019

    The Nasdaq Composite Index is a popular market capitalization-weighted stock market index. It is comprised of more than 3,300 common equities and similar securities, like ADRs, which are traded on the Nasdaq exchange. Along with the Dow Jones Industrial Average (DJIA) and the S&P 500 index, it i...


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    /news-article.aspx?ID=60036003

    SPIROS SEGALAS' 5 BIGGEST STOCK BUYS OF 4TH QUARTER

    Jan 07, 2019

    Investor Spiros Segalas’ Harbor Capital Appreciation Fund disclosed Monday that it purchased nine stocks during the quarter ended Oct. 31.The fund’s largest positions established during the filing period were: Safran SA, Merck & Co. Inc., S&P Global Inc., Adyen NV and Union Pacif...


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    /news-article.aspx?ID=59915991

    TILRAY SHARES COULD FACE PRESSURE VERY SOON

    Jan 07, 2019

    Almost six months ago, Canadian cannabis producer Tilray, which is controlled by Washington-based private equity firm Privateer Holdings, went public on the NASDAQ in a $17 IPO, ultimately raising gross proceeds of $172 million after the underwriters exercised the over-allotment option, selling 10.1...


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    /news-article.aspx?ID=59925992

    TOP DOW STOCKS FOR 2018 BY PERFORMANCE

    Jan 07, 2019

    The Dow Jones Industrial Average index, commonly called as the Dow or DJIA, is a price-weighted stock market index consisting of the top 30 American blue-chip companies. The index covers all industry sectors except transportation and utilities. The Dow uses a divisor-based methodology to calculate t...


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    /news-article.aspx?ID=60026002

    OIL RISES; LIFTED BY OPEC CUTS, STEADYING STOCK MARKET

    Jan 06, 2019

    Oil prices edged higher on Monday, rebounding further from 1-1/2-year lows reached in December, on support from OPEC production cuts and steadying equities markets.Brent crude futures rose 27 cents to settle at $57.33 a barrel, a 0.47 percent gain. U.S. West Texas Intermediate (WTI) crude futures ro...


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    /news-article.aspx?ID=59905990

    THE 4 WORST DIVIDEND STOCKS FOR A BEARISH 2019

    Jan 05, 2019

    What good is a 2% or 3% annual yield if you can lose it in a single trading session?The Nasdaq and Russell 2000 are officially in bear markets, which means they’re down 20% from their peak. But bear markets don’t have to stop at 20%.They can just keep on collapsing. And the weakest links...


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    /news-article.aspx?ID=59845984

    THE STOCK MARKET IN 2019: LAST YEAR'S DECLINE NOT A GOOD FORECAST

    Jan 05, 2019

    Stocks were down last year, as everyone knows. Does this mean that another decline will follow in 2019, or does it mean that we are poised for a rebound? The historical record is clear that the most likely outcome is no different than if we had enjoyed a “normal” year in 2018.We’ve...


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    /news-article.aspx?ID=59815981

    BEAR MARKET'S CONCERNS BECOME REALITY - NOW WHAT?

    Jan 05, 2019

    Slowing growth measures are now appearing, confirming the bear market’s price “adjustments.” The question is, “Was the 4th quarter 2018 bear market’s drop enough of an adjustment, or is there more decline to come? “Clues to the answer are coming ,The answer is nei...


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    /news-article.aspx?ID=59825982

    GETTING A GRIP ON THIS YO YO STOCK MARKET

    Jan 04, 2019

    Although investors might complain about current stock market volatility, they are getting the roller coaster ride that they paid for. Some readers might be surprised by this statement; but the issue is about investors ignoring the degree to which stocks have been unfairly priced.The typical definiti...


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    /news-article.aspx?ID=59805980

    STOCK TRADING 101: BUYING AND SELLING STOCKS

    Jan 04, 2019

    Buying stocks is an investment that represents part ownership in a corporation, entitling the stockholder to part of that company's earnings and assets. It's important to know the risks before tackling a task that can be both exciting and frustrating at the same time," he says. "No...


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    /news-article.aspx?ID=59715971

    ACTIVIST U.S. HEDGE FUNDS HURT BY LATE-YEAR STOCK TUMBLE

    Jan 03, 2019

    Widely followed activist investors Daniel Loeb, Barry Rosenstein and William Ackman suffered heavy losses in December, when fears about trade battles and slower growth sent stocks spiraling lower.Many fund managers are still compiling annual returns, but early data from some of the industry's mo...


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    /news-article.aspx?ID=59725972

    U.S. STOCK FUNDS POST RECORD DECEMBER WITHDRAWALS: ESTIMATE

    Jan 03, 2019

    Investors pulled $98 billion from U.S.-based stock funds in December, a calendar-month record that emphasizes the diminishing goodwill in financial markets, preliminary Lipper estimates showed on Thursday. Fund investors trimmed their risk in the final days of 2018 to hunker down in case the Federal...


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    /news-article.aspx?ID=59705970

    DATA SHOWS BITCOIN COULD BE ON THE VERGE OF A BULL RUN

    Jan 03, 2019

    Bitcoin has been trapped in a year-long bear market, with the bitcoin price losing some 80% in value over the last 12 months and dragging down the wider cryptocurrency market, including the likes of other major coins ripple (XRP) and ethereum.Bitcoin and cryptocurrency investors who have weathered t...


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    /news-article.aspx?ID=59835983

    EUROPEAN SHARES START 2019 SHAKILYAS CHINA, EU FIGURES DEEPEN GLOOM

    Jan 02, 2019

    European shares lost further ground in their first trading day of 2019 on Wednesday as fears about global growth, trade wars and political instability rolled over into the new year while investors sought safety in stocks considered less risky.While sentiment had already been hit by disappointing dat...


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    /news-article.aspx?ID=59735973

    TESLA CUTS U.S. PRICES ON ALL VEHICLES, SHARES DROP

    Jan 02, 2019

    Tesla Inc on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down nearly 7 percent on worries of future profitability.Analysts questioned whether th...


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    /news-article.aspx?ID=59745974

    HOW TO MANAGE ANXIETY WHEN INVESTING IN THE STOCK MARKET

    Dec 31, 2018

    Volatility returned to the market in a big way in 2018 after relatively smooth sailing upwards the previous year. Many investors experienced severe losses for the first time in a while — or if you started investing in 2009, for the first time ever. Ten years is a long time to forget about how ...


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    /news-article.aspx?ID=59635963

    TOP UTILITIES STOCKS OF 2018

    Dec 31, 2018

    Companies providing services related to gas, electricity or water are generally referred to as utilities stocks. The utilities sector umbrella also encompasses businesses providing more general infrastructure services, and the sector has also more recently come to include alternative energy companie...


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    /news-article.aspx?ID=59645964

    3 GROUNDED AIRLINE STOCKS READY TO FLY

    Dec 28, 2018

    Airline stocks have flown into severe broader market turbulence in December, but the "fasten seatbelt" sign may be about to be turned off heading into 2019. According to the International Air Transport Association (IATA), net income across the airline industry should jump 10% in the year a...


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    /news-article.aspx?ID=59615961

    MARKETS RIGHT NOW: US STOCKS WAVER IN MIDDAY TRADING

    Dec 28, 2018

    Stocks are wavering between small gains and losses in midday trading Friday as the market continues to churn amid the volatile trading that has gripped the market throughout December. Gains in banks, retailers and health care companies are outweighing losses in energy stocks and elsewhere in the mar...


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    /news-article.aspx?ID=59625962

    U.S. STOCK FUNDS ATTRACT CASH FOR FIRST TIME IN SIX WEEKS: LIPPER

    Dec 27, 2018

    U.S. fund investors eased into wild stock markets during the latest week, adding $5.2 billion, according to Lipper data on Thursday that reflected the first net positive flows for funds since December's selloff began. Stock exchange-traded funds (ETFs) based in the United States attracted $5.4 b...


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    /news-article.aspx?ID=59605960

    THE TEN BEST PERSONAL FINANCE RESOLUTIONS FOR 2019

    Dec 26, 2018

    It is wise, from time to time, to stop and evaluate our lives as we seek to make the most of them.The start of a new year provides a natural opportunity to look back and offers an extra push toward new adjustments going forward. That's why New Year's resolutions are so popular. If you are lo...


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    /news-article.aspx?ID=59505950

    OVERSOLD DISNEY STOCK SET FOR BIG BOUNCE

    Dec 26, 2018

    Dow component The Walt Disney Company (DIS) looks set to bounce strongly in coming weeks and carve the next leg of a broad sideways pattern in place since 2015. More importantly, the recovery wave should generate enough profit potential for short-term traders, while prospective investors can also ju...


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    /news-article.aspx?ID=59515951

    DOLLAR STRENGTHENS AS U.S. STOCKS REBOUND OFF LOWS

    Dec 26, 2018

    The dollar gained against a basket of other currencies on Wednesday as U.S. stocks came off 20-month lows, though uncertainty relating to the U.S. government shutdown and Federal Reserve monetary policy remained a headwind for the greenback.U.S. stocks gained more than 2 percent as a rebound in tech...


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    /news-article.aspx?ID=59525952

    GIMME A 10% DISCOUNT FOR TRUMP

    Dec 26, 2018

    For certain, the Prince of Swine who bestrides the White House has carved a snake pit out of our majestic Capital. Don’t despair! Our country’s amply broad-based with a competitive industrial heartland and Silicon Valley, still viable, holding technological primacy, worldwide.Sadly, we&r...


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    /news-article.aspx?ID=59535953

    MOST SHORTED STOCKS LOG RECORD GAIN AS WALL STREET SURGES

    Dec 26, 2018

    One notable factor in Wall Street's monster rally on Wednesday was a record gain in an index of stocks that have the largest bets placed against them by market contrarians.The Thomson Reuters United States Most Shorted Index rose 6 percent, the biggest percentage rise in its six-year history, as...


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    /news-article.aspx?ID=59545954

    COULD THE STOCK MARKET CRASH? PERSPECTIVES FROM MARKET HISTORY

    Dec 24, 2018

    From what I'm hearing from traders and investors alike, there is pervasive concern over the possibility of a bear market in stocks. It's in the media as well...like this article...and this. We're currently seeing the highest equity put/call ratios in years, with many more put options (do...


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    /news-article.aspx?ID=59415941

    PG&E'S STOCK PRICE IS IN FLAMES

    Dec 24, 2018

    For Californians, it’s time to take a deep breath literally and figuratively the state is finally a month removed from the last of its deadly wildfires, and air quality has returned to safe levels. Still, the effects of the crisis are hardly over: at least 87 people have lost their lives, 500 ...


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    /news-article.aspx?ID=59425942

    SHOULD INVESTORS BUY THE YEAR'S WORST-PERFORMING STOCKS

    Dec 24, 2018

    How often does that happen in the stock market? According to a little study I performed, it happens about 44% of the time.I studied the five worst-performing stocks in the Standard & Poor’s 500 each year, based on price change alone, and measured the total return (including dividends) the ...


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    /news-article.aspx?ID=59435943

    EUROPEAN, ASIAN MARKETS MOSTLY LOWER IN LIGHT TRADING

    Dec 24, 2018

    European and Asian markets were mostly lower in light trading on Monday as a partial U.S. government shutdown stemmed holiday cheer. KEEPING SCORE: France's CAC 40 dropped 0.9 percent to 4,653.55. Britain's FTSE 100 index, which will close early on Christmas Eve, was 0.8 percent lower at 6,6...


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    /news-article.aspx?ID=59305930

    NEW LIST: 5 STOCKS NOW SELLING BELOW BOOK VALUE AND PAYING DIVIDENDS

    Dec 23, 2018

    Now that markets are much lower after weeks and weeks of selling following the September price peak, some new stocks are showing up on the screen for "below book value." I use a selection criteria derived in part from Benjamin Graham's classic works on investment analysis.Among these &...


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    /news-article.aspx?ID=59405940

    HOW TO FIND A GOOD FLEDGLING BIOTECH STOCK THAT WON'T FLAME OUT

    Dec 22, 2018

    “The last shall be first,” it says in the book of Matthew. Biotech investing is always a dicey proposition, as the sector’s ever-volatile stocks show. So far this year, the Nasdaq Biotechnology Index is down 17%, much worse than the S&P 500’s tumble.After a 10-year climb,...


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    /news-article.aspx?ID=59445944

    PROS AND CONS TO BUYING HONDA STOCK

    Dec 21, 2018

    HONDA MOTOR CO (NYSE: HMC) didn’t start out as a car company, but it’s sure come a long way from the early days, when it sold motorized bikes back in 1946.Company founder Soichiro Honda did so well in the bike business he decided to expand his company, calling it the Honda Motor Co. when...


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    /news-article.aspx?ID=59315931

    MARKETS RIGHT NOW: STOCKS END MISERABLE WEEK DOWN 7 PERCENT

    Dec 21, 2018

    THE latest on developments in financial markets (all times local):4 p.m. Another day of big losses is leaving the U.S. stock market with its worst weekly drop in more than seven years. The benchmark S&P 500 index ended a brutal week down 7 percent Friday, led by big drops in former market favori...


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    /news-article.aspx?ID=59325932

    NIKE SHARES RISE AS STRONG QUARTERLY RESULTS ALLAY CHINA DEMAND CONCERNS

    Dec 21, 2018

    Nike Inc shares rose 9 percent on Friday, after the company's solid quarterly results eased worries that escalating trade tensions between Washington and Beijing would weigh on China demand and hurt the sportswear maker's growth story.The company's double-digit percentage growth in China...


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    /news-article.aspx?ID=59335933

    ADVANCED MICRO DEVICES COULD DROP ANOTHER 40%

    Dec 21, 2018

    Advanced Micro Devices, Inc. (AMD) got pummeled in September and October, giving up more than half of the 25-point rally that started from a 52-week low in April. The bounce into December raised hopes that the carnage had come to an end, but the stock turned tail when it filled the October gap and i...


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    /news-article.aspx?ID=59345934

    HERE'S WHY STOCKS HAVE SOLD OFF SO STEEPLY IN DECEMBER

    Dec 20, 2018

    What’s happening out there? Is it the trade war? Is it the Fed? What about European politics and the weeks-long “yellow vests” protests in France? Whatever it is, it is risk-off. It’s not good for any stock market, virtually anywhere Thursday morning.The S&P 500 tested Fe...


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    /news-article.aspx?ID=59195919

    60% OF S&P 500 IN BEAR MARKET: WHAT HAPPENS NOW?

    Dec 20, 2018

    A broad-based decline in the S&P 500 Index (SPX) is putting 2018 on track to be the worst year for the U.S. stock market since the 2008 financial crisis, and yet more plunges may be ahead. "I'm pretty sure this is a bear market," says billionaire investment manager Jeffrey Gundlach...


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    /news-article.aspx?ID=59205920

    ETFS, MAJOR SUPPORTER OF U.S. STOCK MARKET, STOP BUYING THE DIP

    Dec 20, 2018

    There is no more mistletoe hanging above the markets. The romance U.S. fund investors once had with the stock market was put to rest in 2018 when buy the dip turned into sell the rip.For evidence, look no further than exchange-traded funds (ETFs), which hold baskets of stocks across the market and h...


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    /news-article.aspx?ID=59215921

    ASIAN STOCKS SINK FOR 2ND DAY AFTER WALL STREET SLIDE

    Dec 20, 2018

    Asian stocks fell further Friday after Wall Street slid on recession fears, putting markets in Shanghai, Tokyo and Sydney on track to end 2018 down more than 10 percent. Tokyo’s Nikkei 225 index fell 1.9 percent and the Shanghai Composite Index lost 0.9 percent. The Chinese market is 2018'...


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    /news-article.aspx?ID=59225922

    WILL BLACKBERRY SHARES TURN AROUND AFTER A STRONG Q3?

    Dec 20, 2018

    BlackBerry Limited (BB) shares briefly rose more than 6% on Thursday morning after the company reported better-than-expected third quarter financial results. Revenue fell 3% to $228 million – beating consensus estimates by $14.63 million – and non-GAAP earnings per share of five cents be...


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    /news-article.aspx?ID=59235923

    3 OIL AND GAS STOCKS READY TO BOUNCE

    Dec 19, 2018

    Investors and traders who've referred to oil as black gold as its price has capitulated during the fourth quarter are those who hold short positions in the liquid commodity. Since early October, the price of Light Sweet Crude Oil Futures (CLF19) for January 2019 has tumbled close to 40% due to o...


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    /news-article.aspx?ID=59125912

    SOFTBANK MOBILE UNIT BEGINS TRADING IN 1 OF BIGGEST IPOS

    Dec 19, 2018

    SoftBank shares fetched an initial price of 1,463 yen ($13.03) and slid further to end the morning session at 1,360 yen ($12), down 9 percent from the IPO price of 1,500 yen announced earlier this month.The listing came about two weeks after a service outage attributed to a software problem affected...


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    /news-article.aspx?ID=59015901

    WHEN STOCKS ARE DOWN: 4 STEPS YOU CAN TAKE TODAY

    Dec 18, 2018

    In my last post, I discussed ways that non-experts can start to take control of their finances when the stock market turns bearish. Today, lets focus on a few simple tips that mere mortals can heed to take control of their stock portfolio, now and in the future. Darren Henke, Managing Partner of 180...


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    UK MARKETS WATCHDOG OVERHAULS BANK OVERDRAFT CHARGES

    Dec 18, 2018

    Banks will be banned from charging higher fees to 14 million people with unarranged overdrafts from the end of 2019, Britain's financial watchdog proposed on Tuesday, in what it called a radical move that could limit availability of free banking.The Financial Conduct Authority (FCA) said that ba...


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    GLOBAL STOCKS SINK AFTER FED HIKE, BONDS RALLY

    Dec 18, 2018

    Global equity markets gave up earlier gains and continued a weeklong sell-off on Wednesday after the U.S. Federal Reserve announced a fresh interest rate hike and said "some" further rate hikes would be necessary in the year ahead.The decision, announced at 2 p.m. Eastern time (1900 GMT), ...


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    WHY STOCKS MAY NOT CARE IF THE GOVERNMENT SHUTS DOWN

    Dec 17, 2018

    There have been 19 shutdowns since 1976. I’ve analyzed U.S. stock market returns for 19 periods, each beginning a week before the shutdown and ending a week after. During these periods, stocks achieved a return of about 1.51%. That works out to an average return of about 0.2% per day, which is...


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    BANK CFOS ARE EMBRACING THE DIGITAL FUTURE

    Dec 17, 2018

    In many ways, these are good times for banking CFOs. Their knowledge and expertise are in great demand throughout the organization, and CEOs are increasingly turning to them as highly trusted advisors at the enterprise level.  So, while CFOs may enjoy this additional influence and status, our r...


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    RETAIL STRESS ROILS EUROPEAN STOCKS, NO CHRISTMAS BOOST IN SIGHT

    Dec 17, 2018

    European shares tumbled on Monday when a profit warning from online fashion retailer ASOS sent retail stocks into nose-dive as investors fretted that consumers were failing to deliver the traditional pre-Christmas spending boost to markets. Euro zone stocks <.STOXXE> were down 1 percent while ...


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    YOUR GUIDE TO LOW-COST INDEX FUNDS

    Dec 17, 2018

    LOW-COST INDEX FUNDS have become the prom queens of investing. They're so popular, in fact, Jack Bogle of Vanguard, oft called the father of index funds, sounded a warning that index investing may become "too successful for its own good."Bogle's concern is that the index fund indus...


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    J&J ANNOUNCES $5 BILLION SHARE BUYBACK AFTER SHARES EXTEND LOSSES

    Dec 17, 2018

    JOHNSON & Johnson said on Monday it plans to buy back up to $5 billion of its stock, after a Reuters report on Friday that the company knew for decades that its Baby Powder contained cancer-causing asbestos wiped about $40 billion from its market value. Shares of the company closed down 3 percen...


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    ASIA SHARES SINK AS GLOBAL GROWTH WORRIES DEEPEN

    Dec 17, 2018

    Asian share markets sank on Tuesday as heightened worries about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.9 percent in mid-afternoon trade while Japan's Nikkei lost 1...


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    GLOBAL STOCKS DROP, WHERE IS 'SANTA CLAUS RALLY'?

    Dec 16, 2018

    Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near 17-month lows.The MSCI world equity index, which tracks shares in 47 countries, slipped nearly 1.3 percent as declines in U.S. and European markets...


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    STOCKS THIS WEEK: SHORT ELECTRONIC ARTS AND AT&T

    Dec 16, 2018

    It is highly unusual for the market to be this bearish in the month of December. The coming week has a strong historical bias to the upside, but the futures are down sharply at the time of this writing. The S&P will reach a 38.2% retracement of its 2016-2018 rally when it hits the 2510 area, a n...


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    IS THE BOND MARKET TELLING US THE STOCK MARKET SLEIGH WRECK IS ALMOST OVER?

    Dec 16, 2018

    The S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite are all down almost 6% in December.  Last week, the stock markets tried to rally, with the S&P 500 getting to 2,675 on Tuesday and Wednesday, but it lost momentum those days and finished the week very poorly, closing...


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    STOCK MARKET NOW IN RED ZONE; EMOTIONAL ONSLAUGHT IS NEAR

    Dec 15, 2018

    Eleven days ago, in “Wake Up: Stocks Are In A Bear Market, So Sell Something,” I described the five steps I thought were in store for the stock market. Driven by fundamental unknowns/negatives, an ugly technical picture and heightened, emotion-driven decision-making, the market is free t...


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    3 SHORT SALES FOR TAX SELLING SEASON

    Dec 14, 2018

    Tax selling pressure is likely to pick up into Dec. 31, with thousands of issues trading in the red for 2018. More importantly, many of those stocks peaked at much higher prices, attracting bagholders who need to decide if they want to take short-term capital losses. It isn't as bad for long-ter...


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    AT&T SLUMPING NEAR 7-YEAR LOW

    Dec 14, 2018

    AT&T Inc. (T) raised its quarterly dividend by a penny in Friday's pre-market, but the news has failed to attract buying interest. The apparent apathy isn't surprising because the stock is glued to a seven-year low despite recent upgrades from Citigroup, Cowen, JP Morgan and boutique fir...


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    EUROPEAN SHARES ON TRACK FOR WORST QUARTER SINCE 2011

    Dec 14, 2018

    European shares closed lower for a second day on Friday as weak European and Chinese data renewed worries about global growth and sent a pan-European benchmark on course for its worst quarter since 2011.The euro zone STOXX 600 <.STOXX> index ended the day down 0.72 percent and on course for a ...


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    WALL STREET PARES GAINS AFTER TRADE-FUELED RALLY

    Dec 13, 2018

    U.S. stocks gave up early gains on Thursday, as a rally sparked by progress in U.S.-China trade talks faded, with investors moving into defensive sectors such as real estate and utilities.The S&P 500 <.SPX> posted its best one-day percentage gain in 10 days on Wednesday following President...


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    WHY 2019 WON'T BE AN AVERAGE YEAR FOR STOCKS

    Dec 13, 2018

    It's that time of year when you see a trove of stock market forecasts and predictions. Now, I'm sorry to spoil the surprise, but most major investment houses will forecast high single-digit returns for the S&P 500. For example, looking back at 2018 forecasts per CNBC's tracking showe...


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    ASIAN SHARES FALL ON POOR CHINESE ECONOMIC DATA

    Dec 13, 2018

    Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy. KEEPING SCORE: Japan's Nikkei 225 index slid 1.7 percent to 21,439.16 and the Kospi in South Korea lost 1.2 percent to 2,070.70....


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    WALL STREET ENDS FLAT AS NERVOUS INVESTORS FLOCK TO DEFENSIVE SHARES

    Dec 13, 2018

    The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags. The Dow eked ou...


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    RECORD $46 BILLION PULLED FROM U.S.-BASED STOCK FUNDS IN LATEST WEEK: LIPPER

    Dec 13, 2018

    More than $46 billion thundered out of U.S. stock mutual funds and exchange-traded funds (ETFs), the most ever, while a near-record $13 billion poured from bonds, according to the research service. Relatively low-risk money market funds pulled in $81 billion, also the most recorded, the research ser...


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    3 STRONGEST STOCKS IN THE S&P 500

    Dec 12, 2018

    The S&P 500 Index is stuck at the price level first traded in December 2017, meaning it hasn't gained a penny in the past year. However, a basket of individual components has acted extremely well during this period, lifting to multi-year and all-time highs. An examination of these issues cou...


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    WHAT TO KNOW ABOUT ROBO ADVISORS FOR BONDS

    Dec 12, 2018

    When the stock market blasts upwards, but with recent volatility and stock market losses, bond investing interest is starting to rise.The 10-year return for S&P 500 investments that include dividends is 8.42 percent, that's more than double the return on the 10-year Treasury bond at a measly...


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    UNITED AIRLINES CEO DOUBLES DOWN ON GROWTH STRATEGY AS STOCK RIDES TAILWIND

    Dec 12, 2018

    With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in a different direction. The No. 3 U.S. air carrier is forging ahead with a strategy to boost its flight network by another 4 percent to 6 percent next year ...


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    TRADE WAR OPTIMISM LIFTS EUROPEAN SHARES

    Dec 11, 2018

    European shares rose on Tuesday as optimism over the China-U.S. trade dispute helped them recover from the two-year lows hit in the previous session on a burst of political risk and worries over slowing global growth. The pan-European STOXX 600 <.STOXX> benchmark index rose 1.5 percent, while ...


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    TODAY'S STOCK MARKET VOLATILITY: ITS TWO CAUSES ARE NOT FUNDAMENTAL, AND THAT CHANGES EVERYTHING

    Dec 11, 2018

    Yesterday (Monday, 12/10) is the perfect example of the futility in trying to answer “Why the morning selloff?” The answer is not in the fundamentals, although the media certainly tried. All the early morning reports offered reasons, but the very range shows them to be inaccurate guesses...


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    DELL GETS SHAREHOLDER APPROVAL FOR VMWARE DEAL

    Dec 11, 2018

    DELL Technologies Inc said on Tuesday it has received shareholder approval for its earlier announced deal to buy back shares tied to its interest in software maker VMware , paving the way for it to return to the market.Dell said its Class C shares are expected to begin trading on the New York Stock ...


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    BLACKROCK: CHINA STOCKS A BETTER BET THAN UK AMID BREXIT CHAOS

    Dec 11, 2018

    Chinese stocks look a better bet than the United Kingdom next year, as Britain struggles with its painful divorce from the European Union, a senior executive at BlackRock, the world's top asset manager, said on Tuesday. “China is slightly more invest-able than the UK right now," said ...


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    A SECRET DIVIDEND GROWTH STOCK YOU SHOULD BUY AS BREXIT SHOCKS FINANCIAL MARKETS

    Dec 10, 2018

    Another day, another day of intrigue in Britain’s bloody and divisive Brexit battle. On Monday prime minister Theresa May decided to delay the vote on her proposed withdrawal deal scheduled for Tuesday, an event that was seen as the first major Parliamentary step to getting towards pulling the...


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    ASIA SHARES NEAR THREE-WEEK LOWS, STERLING STRUGGLES ON BREXIT WOES

    Dec 10, 2018

    Chinese shares pulled ahead on Tuesday after Beijing confirmed it was still in trade talks with the United States, though sentiment remained fragile in Asia as the pound wallowed near 20-month lows on deepening political turmoil over a Brexit deal. Chinese Vice Premier Liu He spoke with U.S. Treasur...


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    INVESTORS DITCH EUROPEAN SHARES AS POLITICAL RISK BURSTS

    Dec 10, 2018

    Investors took cover and ditched European shares on Monday as a burst of political risk with a key vote on Brexit being delayed and unrest over the weekend in France added to concerns over global growth and U.S-Chinese trade tensions. Losses accelerated at the end of the session when Wall Street ind...


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    THE DECEMBER STOCK RALLY MAY NOT HAPPEN THIS YEAR

    Dec 10, 2018

    Investors shaken by the market's big sell-offs are hoping for a December rally to end a volatile year. This may seem like a solid bet considering that since 1950, the S&P 500 in December has risen 75% of the time, more often than any other month, according to LPL Financial. That may not happ...


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    HOW INVESTORS CAN CHECK FOR RISK

    Dec 10, 2018

    WITH OIL PRICES gyrating, politics whipsawing, news breaking daily about the trade war with China, and a persistent drone about the bull market's advanced age, investors know that risk is a constant companion.In fact, managing risk is one of those fundamental tasks that investors are lectured ab...


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    AUSTRALIAN WATCHDOG WANTS A REGULATOR FOR DOMINANT GOOGLE, FACEBOOK

    Dec 09, 2018

    Australia's competition watchdog on Monday recommended tougher scrutiny and a new regulatory body to check the dominance of tech giants Facebook Inc and Alphabet Inc's Google in the country's online advertising and news markets. The recommendation, in a preliminary report on the U.S. fir...


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    WORLD BANK SHIFTS FOCUS TO EGYPT'S PRIVATE SECTOR WITH $1 BILLION LOAN

    Dec 09, 2018

    The World Bank is pushing to prise open more space for Egypt's private sector with $1 billion in new funding, part of a second phase of support that follows two years of painful economic reforms, the bank's regional vice-president said. The funding, signed on Sunday, comes on top of $3.15 bi...


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    STOCKS THIS WEEK: SHORT CITRIX SYSTEMS AND STANLEY BLACK AND DECKER

    Dec 09, 2018

    The market indices likely need one more decline in order to complete the last wave of the current correction. The broadly-based Value Line Index has already broken its October 29 low and the S&P 500 and the NASDAQ 100 are likely to follow. Citrix Systems shows a cycle peak on the 11th. Six of ni...


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    STAY IN STOCKS BECAUSE THE BEST INVESTMENTS ARE CREATED BY VOLATILE MARKETS

    Dec 09, 2018

    With the recent extreme moves in the market, many are questioning whether to stay in stocks or move to cash until things settle down. Wayne Himelsein, one of my managers, gives a resounding yes to staying in the market. Ken Kam: A lot of people are worried, and with a good variety of reasons, all ve...


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    U.S. SAYS MARCH 1 'HARD DEADLINE' FOR TRADE DEAL WITH CHINA

    Dec 09, 2018

    U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a "hard deadline" after a week of seeming confusion among President Donald Trump and his advisers. Global ...


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    'DEATH CROSS' PORTENDS MORE NEAR-TERM LOSSES FOR U.S. STOCKS, THEN REBOUND

    Dec 07, 2018

    More losses may be ahead for U.S. stocks in the short term, according to an indicator with a fittingly ominous name: the death cross. A chart pattern tracked by technical analysts and other market mavens, a death cross forms when an index's near-term moving average of daily closing prices falls ...


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    CONTINUED U.S.-CHINA TRADE CONCERNS PUSHED STOCKS LOWER TO END A WILD WEEK

    Dec 07, 2018

    To close out a wild week for stocks, uncertainties surrounding the possibility of a longer-term detente in the U.S.-China trade war seemed to outweigh a bit of optimism on the inflation-and-economic front after a Goldilocks jobs report. The Dow Jones Industrial Average fell more than 500 points to e...


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    WORLD STOCKS ATTEMPT REBOUND AFTER SELLOFF

    Dec 07, 2018

    World stocks attempted a rebound on Friday with Asian and European markets gaining modestly after the previous day's selloff, while oil prices fell as producers bickered over the details of an output cut. The pan-European STOXX 600 index was up 1.2 percent by 0857 GMT, after falling as much as 3...


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    STOCKS DROP 4 PERCENT IN ROCKY WEEK ON TRADE, GROWTH WORRIES

    Dec 07, 2018

    Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of slower economic growth. The latest wave of selling erased more than 550 points from the Dow Jones Industrial Average...


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    EU SENDS ULTIMATUM TO SWITZERLAND ON STOCK EXCHANGES

    Dec 06, 2018

    The European Union executive will offer Swiss stock exchanges a two-year extension of their right to operate in the bloc if the Swiss government approves an overall deal on future relations on Friday, EU sources told Reuters. If Switzerland does not back the draft pact, however, the European Commiss...


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    PROS AND CONS TO BUYING TOYOTA STOCK

    Dec 06, 2018

    Toyota Motor Corp has been around since 1937 (and in the U.S. since 1957), and even its very name indicates the company has been blessed with good fortune. Originally, then founder of the company, Kiichiro Toyoda, wanted to name the company after himself, as in “Toyoda.” But fate interve...


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    VALUABLE IMMIGRANT-FOUNDED STARTUPS COMING TO U.S. STOCK MARKET

    Dec 06, 2018

    Immigrants have created some of America’s most valuable privately held companies. Several of these companies are soon to become publicly traded and available to any American who wants to invest in these billion-dollar start-ups. The news of potential initial public offerings (IPOs) for many im...


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    SOFTBANK MOBILE SERVICES DISRUPTED AHEAD OF BUMPER IPO, SHARES DROP

    Dec 06, 2018

    SoftBank Group Corp's mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion. Some customers at Japan's third-largest telco have been unable to m...


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    OIL PRICES DIP AS STOCK MARKETS SLIDE, BUT TRADING TEPID AHEAD OF OPEC MEETING

    Dec 05, 2018

    Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.U.S. West Texas Intermediate (WTI) crude future...


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    FOR EUROPEAN CHIP STOCKS, BUSINESS CYCLE RETURNS WITH A VENGEANCE

    Dec 05, 2018

    Investors who bet on European semiconductor stocks to profit from innovations being packed into smartphones and advanced vehicles are facing the grim reality that both industries are hitting a rough patch at the same time. Escalating trade frictions between the United States and China have contribut...


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    BIG RETIREMENT LOSSES IF THE MARKET CRASHES TOMORROW

    Dec 05, 2018

    It might not be a stock market crash conventionally crash mode is a 10% drop or more but it might feel like one. On Tuesday Dec. 4, the S&P 500 fell -3.24%. Based on estimates from Monique Morrissey of the Economic Policy Institute when one considers stock holding of $5.2T in 401(k)-type account...


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    OIL PRICES SLIP ON GLOBAL GROWTH CONCERNS, SWELLING U.S. SUPPLY

    Dec 04, 2018

    Reuters technical commodity analyst Wang Tao said WTI could soon test support at $51.75 per barrel, while Brent was threatening to drop below $60 per barrel again soon.Oil prices were pressured by a weekly report from the American Petroleum Institute (API) that said U.S. crude inventories rose by 5....


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    BANK STOCKS WERE BRUISED THE WORST IN THE SELL-OFF. HERE’S WHY.

    Dec 04, 2018

    Financial stocks have just had their worst day since the February sell-off. Shares of banks in the S&P 500 were down 4.4 percent Tuesday, helping pull the S&P 500 down 3.2 percent. Bank of America, Morgan Stanley, JPMorgan Chase, Wells Fargo and Citigroup were each down more than 4 percent, ...


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    AMAZON BRIEFLY EDGES OUT APPLE FOR MOST VALUABLE COMPANY

    Dec 03, 2018

    Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple Inc. Amazon rose by 4.7 percent at one point, putting its market capitalization at $865.0 billion. At the same time, Apple traded up 2.1 percent,...


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    HEALTHCARE INC. STOCK SHOWS MARKET LEADERSHIP

    Dec 02, 2018

    After a correction, it is extremely unlikely that the best stocks to own are the same as before. Wayne Himelsein, one of my managers, has been looking for stocks showing signs of new leadership. This week he's recommending Healthcare, Inc.Ken Kam: You are recommending Healthcare, Inc. today? Way...


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    STOCKS RISE AFTER U.S. AND CHINA AGREE TO HALT ESCALATION OF TRADE WAR

    Dec 02, 2018

    Stocks rose on Wall Street Monday after President Trump and President Xi Jinping agreed to a temporary truce in the trade war between the United States and China. The S&P 500-stock index climbed 1.1 percent, notching its fifth gain in the last six trading sessions. Major Asian and European equit...


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    EGYPTIAN TAX CHANGE COULD SPUR BANKS TO STEP UP PRIVATE LENDING

    Dec 01, 2018

    A proposed change to the way Egypt taxes bank profits could encourage lenders to boost credit to the private sector and push up yields on Treasury debt, raising its appeal among foreign investors, economic analysts say.The cabinet last week gave preliminary approval to a proposed amendment to the wa...


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    THE WEEK AHEAD: BUY THOSE MARKET LEADERS BEFORE CHRISTMAS

    Dec 01, 2018

    Though some analysts discounted last Monday’s higher open and the S&P 500 gain of 1.55% as typical bear market activity, it provided the first evidence that the worst of the selling was likely over. The S&P 500 added to the gains on Tuesday, which caused further improvement in the tech...


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    ITALY'S BANCO BPM AGREES DEAL WITH CREDIT AGRICOLE IN BAD LOAN CLEAN UP

    Dec 01, 2018

    BANCO BPM has reached a deal over its consumer credit business with French rival Credit Agricole which will help it to sell 7.8 billion euros ($8.83 billion) of bad loans, Italy's third-largest bank said. The agreement comes at a difficult time for Italian banks as a sharp rise in state borrowin...


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    CAUTIOUS U.S. GLOBAL FUNDS RECOMMEND STASHING MORE CASH: REUTERS POLL

    Nov 30, 2018

    U.S. fund managers became slightly more cautious in November, recommending an increase in cash holdings to the highest in more than a decade and a cut to equity allocations to the lowest in well over a year, a Reuters poll showed. Evidence pointing to a slowdown in several global economies, a seriou...


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    THESE 5 LOW P/E STOCKS HAVE EARNINGS, DIVIDENDS & LITTLE TO NO DEBT

    Nov 30, 2018

    Used the Financial Visualization screener to identify 5 stocks with lower-than-the-market price-to-earnings ratios and with little to no debt on the books. Typically, a business unworried about making crushing debt payments has room to maneuver when conditions get tough. I included a screen for posi...


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    /news-article.aspx?ID=57845784

    EUROPEAN SHARES CAUTIOUSLY DIP AHEAD OF G20 MEETING

    Nov 30, 2018

    Weakened in morning trading by poor data from China, European shares closed lower on Friday ahead of Saturday's crucial G20 talks between U.S. President Trump and China's Xi Jinping over trade.The pan-European STOXX 600 <.STOXX> ended the session down 0.3 percent and on a 1.2 percent l...


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    /news-article.aspx?ID=57905790

    SAMSUNG ELEC SAYS IT WILL CANCEL $4.4 BILLION WORTH OF SHARES

    Nov 29, 2018

    Samsung Electronics Co Ltd <005930.KS> said on Friday it would cancel 4.9 trillion won ($4.4 billion) worth of its shares. Expected to be complete on Dec. 4, the cancellation was the second stage of its previously announced plan to cancel all of its treasury shares in two stages to enhance sha...


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    /news-article.aspx?ID=57895789

    VOLVO CARS HAS NO CURRENT PLANS FOR STOCKMARKET LISTING: CEO

    Nov 29, 2018

    Volvo Cars, owned by China's Geely, has no current plans to go for a stock market listing, its chief executive said, more than two months after the Swedish carmaker postponed its flotation blaming trade tensions and an automotive stocks downturn. Volvo and its parent had been working on an initi...


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    MCDONALD'S STOCK LOOKS GOOD FOR 2019

    Nov 29, 2018

    We are endorsing the notion that McDonald's massive store modernization efforts, first rolled out in select international markets and now in the U.S., will begin to pay off in 2019 and should produce best-in-class sales results for more years to come," Glass says. He also says McDonald'...


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    HYUNDAI MOTOR STOCKS RISE ON $228 MILLION SHARE BUYBACK PLAN

    Nov 29, 2018

    Hyundai Motor Co <005380.KS> said on Friday it would buy back 255 billion won ($228.3 million) worth of common and preferred stocks to stabilize its stock prices and boost investor returns, sending shares of the South Korean automaker up 4 percent. Hyundai Motor stocks have plunged more than 3...


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    U.S. STOCKS HIGHER AT CLOSE OF TRADE; DOW JONES INDUSTRIAL AVERAGE UP 2.50%

    Nov 28, 2018

    U.S. stocks were higher after the close on Wednesday, as gains in the Technology, Consumer Services and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 2.50%, while the S&P 500 index gained 2.30%, and the NASDAQ Composite index gained 2.95%.The...


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    /news-article.aspx?ID=57785778

    SURGING STOCK MARKET MISREADS FED CHIEF'S RATE INTENTIONS

    Nov 28, 2018

    Fear of the Fed has been one factor weighing upon the stock market this fall. But lately that trepidation seems to have abated. Maybe it shouldn’t have.The new, more benign view of the Fed is due to Chairman Jerome Powell’s upbeat take on the economy at an Economic Club of New York speec...


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    PROFITING FROM CHANGES IN STOCK PERSONALITY

    Nov 28, 2018

    Do stocks have personalities? Of course, they do, and we all know it even though we may not explicitly use that language when we think or talk about stocks. Consider Tesla (TSLA) and Walmart (WMT). Do you even have to look at price charts or data to recognize, right away, that we’re talking ab...


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    MICROSOFT'S STOCK MARKET VALUE PULLS AHEAD OF APPLE'S

    Nov 28, 2018

    Microsoft Corp's stock market value surpassed Apple Inc's , pulling ahead by as much as $3 billion on Wednesday as the Windows software maker benefited from optimism about demand for cloud computing services. Shares of Microsoft jumped 3 percent, pushing its market capitalization up to $848 ...


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    /news-article.aspx?ID=57695769

    WALL STREET GROWS CAUTIOUS BUT STILL OPTIMISTIC: REUTERS POLL

    Nov 28, 2018

    Fears of a prolonged U.S.-China trade war and a potentially overzealous Federal Reserve have left Wall Street strategists less optimistic about stock market gains next year, but they still expect a decent increase, a Reuters poll found. The benchmark S&P 500 <.SPX> will finish 2019 at 2,97...


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    /news-article.aspx?ID=57705770

    WORLD STOCKS CLIMB TO ONE-WEEK HIGH ON HOPES OF TRADE RECONCILIATION

    Nov 27, 2018

    Hopes for a thaw in U.S.-China trade relations at the upcoming G20 summit helped world shares inch to a one-week high on Wednesday, though fears of a no-deal outcome weighed on European bourses and kept the dollar firm for the fourth day in a row. While President Donald Trump talked tough on the tra...


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    /news-article.aspx?ID=57515751

    GROWTH AND TRADE WORRIES TO KEEP A LID ON EUROPEAN STOCKS IN 2019: REUTERS POLL

    Nov 27, 2018

    European shares will move in a tight range going into the year-end and throughout 2019, a Reuters poll showed, as slowing growth, political risks and worries over Washington's protectionist policies keep investors on the sidelines.European and euro zone indices have fallen 8-10 percent so far th...


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    /news-article.aspx?ID=57665766

    WHY HIGH-YIELD DEBT, NOT STOCKS, IS WORRYING THE FED

    Nov 27, 2018

    Jerome Powell is somewhat of an oddity. While many U.S. Federal Reserve (Fed) chairs have been macroeconomists that sharpened their skills in academia, Powell forged a high-profile career managing specialty finance and leveraged buyout funds as a partner at The Carlyle Group. The Fed’s dual ma...


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    /news-article.aspx?ID=57535753

    SCI STOCK'S NEXT UPSIDE MOVE COULD BE NEAR

    Nov 27, 2018

    Funeral products provider Service Corporation International has seen its stock gain dramatically since early 2009, rising from below $3 to a high of $45.42 earlier this month. With the 200-day moving average providing strong support during the recent market turbulence, the shares are back near their...


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    /news-article.aspx?ID=57545754

    STOCKS - DOW CLOSES HIGHER AS LARRY KUDLOW FUELS TRADE DEAL HOPES

    Nov 27, 2018

    The Dow closed higher Tuesday as investor concerns over trade appeared to ease after U.S. economic advisor Larry Kudlow offered some hope of a deal with China. The Dow Jones Industrial Average rose about 0.44%. The S&P 500 rose 0.33%, while the Nasdaq Composite rose 0.01%.Wall Street rebounded f...


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    /news-article.aspx?ID=57555755

    EUROPEAN BANKING CHIEF: EURO NEEDS A CENTRAL BUDGET

    Nov 26, 2018

    The head of the European Central Bank is renewing his pleas to fix flaws in the 19-country euro currency, urging European leaders to adopt a central spending pot to buffer individual governments against financial crises. Mario Draghi said Monday in the European Parliament that "the euro area ne...


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    /news-article.aspx?ID=57495749

    SPECULATORS RAISE NET LONG U.S. DOLLAR BETS IN LATEST WEEK: CFTC, REUTERS

    Nov 26, 2018

    Speculators increased net long bets on the U.S. dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission (CFTC) data released on Monday. The value of the net long dollar position was $28.49 billion in the week ended Nov. 20, up from $27.11 billion the ...


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    /news-article.aspx?ID=57505750

    STOCKS - WALL STREET OPENS HIGHER AS OIL GAINS

    Nov 26, 2018

    Wall Street opened higher on Monday, as rising oil prices and record holiday sales helped the market.The S&P 500 rose 25 points, or 0.97%, to 2,658.12 as of 9:30 AM ET (14:31 GMT), while the Dow rallied 199 points, or 0.82%, to 24,485.34 and the tech-heavy Nasdaq Composite was up 85 points, or 1...


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    /news-article.aspx?ID=57435743

    WHY STOCK INVESTORS SHOULD CHEER PLUNGING OIL PRICES

    Nov 26, 2018

    Some people are doing an awful lot of handwringing over plunging oil prices.They shouldn't. When oil prices take a major hit, just like we've seen recently, then stock prices should surge in short order, according to detailed historical market analysis. Here's what we know for sure. Less...


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    /news-article.aspx?ID=57445744

    PROS AND CONS TO BUYING SOUTHWEST AIRLINES STOCK

    Nov 26, 2018

    Southwest Airlines Co. (ticker: LUV) enjoys a loyal customer base. But the question is whether investors should feel the same kind of passion for LUV stock.Launched on June 18, 1971, Southwest has packed a ton of air travel experiences for its loyal consumer base for more than 47 years. The airline ...


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    /news-article.aspx?ID=57455745

    MAKING CHARITABLE DONATIONS OF STOCK INSTEAD OF CASH AFTER TAX REFORM

    Nov 26, 2018

    If you’re charitably inclined and hold meaningful amounts of appreciated stock, such as shares acquired from a stock option exercise, restricted stock/RSU vesting, or ESPP purchase, donating stock instead of cash can be a smart tax-planning move. Given the changes in the rules for itemized ded...


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    /news-article.aspx?ID=57465746

    MICROSOFT MONDAY: PASSING APPLE IN VALUE, WINDOWS 10 BUG BREAKS WMP, LINKEDIN STUDENT VOICES

    Nov 26, 2018

    "Microsoft Monday" is a weekly column that focuses on all things Microsoft. This week “Microsoft Monday” features news about the company passing Apple in value, the digital health feature for Launcher on Android, LinkedIn Student Voices, a bug in Windows 10 causing WMP to break...


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    /news-article.aspx?ID=57525752

    TELECOMS STOCKS RALLY AS REPORTED OK TO DUTCH TIE-UP FUELS M&A HOPES

    Nov 26, 2018

    Shares in European telecoms rallied across the board on Monday after a report saying the European Commission was set to clear a merger in the Netherlands fueled fresh optimism about deal-making in the sector. People familiar with the matter told Reuters that Deutsche Telekom is likely to win uncondi...


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    /news-article.aspx?ID=57655765

    STOCKS THIS WEEK: SHORT BED BATH & BEYOND AND FMC TECHNOLOGIES

    Nov 25, 2018

    Many short-term buy signals and strong seasonalities have been negated as the market falls. Last week, the Thanksgiving bullish bias and a short-term buy signal were both rendered ineffective. The weekly and monthly cycles point down through November. Thus, there is likely to be another pullback pri...


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    /news-article.aspx?ID=57205720

    CHINA STEPS UP FIGHT AGAINST ABUSE OF POWER BY STOCK MARKET REGULATORS

    Nov 25, 2018

    China's corruption watchdog will work with the country's stock market commission to combat graft and abuse of power following a spate of violations in which companies pay officials to gain regulatory approvals, it said on Sunday. China is stepping up efforts to fight corruption in the securi...


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    /news-article.aspx?ID=57215721

    CANADIAN BANKS' DEPOSIT BATTLE ADDS TO FUNDING COST PRESSURES

    Nov 25, 2018

    Competition for deposits among Canada's biggest banks is heating up for the first time since the global financial crisis, leading to higher funding costs that could crimp profit growth in their domestic businesses over the next two years, analysts say. The emerging price war adds to risks cloudi...


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    /news-article.aspx?ID=57225722

    ASIAN STOCKS MIXED; ENERGY STOCKS UNDERPERFORM AMID LOWER OIL PRICES

    Nov 25, 2018

    Asian stocks were mixed in morning trade on Monday. Energy stocks underperformed as oil prices plunged to their lowest levels in more than a year last week.Santos Ltd (AX:STO) fell 3.5%, PetroChina Co Ltd Class H (HK:0857) slid 1.3%, and Woodside Petroleum Ltd (AX:WPL) was down 2.2%. Oil prices saw ...


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    /news-article.aspx?ID=57415741

    STUDENT LOAN REPAYMENT ISN'T ONLY A PROBLEM FOR THE YOUNG, SAYS AMERITECH FINANCIAL

    Nov 25, 2018

    People say stuff like "it's only downhill from here", trying to say that it gets easier. In theory, as people have had more time to climb their professional ladder, save up some money, and get comfortable in their home, it should be easier later on in life. But for older student loan b...


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    /news-article.aspx?ID=57425742

    WORLD STOCK MARKETS RISE ON POLITICS AND HOLIDAY RETAIL HOPES

    Nov 25, 2018

    Wall Street bounced back on Monday, lifted by expectations that retailers raked in online sales during a prime holiday shopping period, while European stocks rallied after signs that Italy was preparing to rework spending plans that have fueled tensions with the European Union.Oil prices also recove...


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    /news-article.aspx?ID=57565756

    STOCKS - U.S. FUTURES FALL AS BLACK FRIDAY RETAIL SALES KICKOFF

    Nov 23, 2018

    U.S. futures pointed to a lower opening on Friday, as investors turned their focus to retail stocks during the Black Friday sales rush. The S&P 500 futures fell 11 points or 0.43% to 2,637.50 as of 6:41 AM ET (11:41 GMT) while Dow futures were down 134 points, or 0.55%, to 24,331.0. Meanwhile te...


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    /news-article.aspx?ID=57235723

    ASIAN STOCKS MIXED; CHINESE STOCKS DOWN 2% AS U.S. ASKS ALLIES TO DROP HUAWEI

    Nov 23, 2018

    Asian stocks were mixed in morning trade on Friday, with Chinese stocks down more about 2% on reports that the U.S. government asked key allies to avoid using equipment manufactured by China’s Huawei Technologies. Citing unidentified people familiar with the matter, the Wall Street Journal sai...


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    /news-article.aspx?ID=57245724

    IF YOU HAD INVESTED IN NVIDIA RIGHT AFTER ITS IPO

    Nov 23, 2018

    Founded in 1993, American technology company Nvidia Corporation (NVDA) has grown to become one of the industry leaders in manufacturing graphic processing units for computer and gaming devices as well as Artificial Intelligence and enterprise computing. The company benefited from the artificial inte...


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    /news-article.aspx?ID=57405740

    CRYPTO PRICES CONTINUE TO TUMBLE DURING HOLIDAY RUT

    Nov 23, 2018

    Cryptocurrency prices slumped on Friday, with Bitcoin falling to a new yearly low.Bitcoin (BitfinexUSD) fell 4.93% to $4,378.00 on the Bitfinex exchange, as of 9:03 AM ET (14:03 GMT), after falling to a 14-month low of $4,411.00 during Asian trading hours. The digital currency is down more than 75% ...


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    /news-article.aspx?ID=57475747

    WALL STREET DROPS, S&P 500 CONFIRMS CORRECTION

    Nov 23, 2018

    U.S. stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018.The three major U.S. indexes all fell well over 3 percent for the week, with the Dow ...


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    /news-article.aspx?ID=57195719

    EUROPEAN SHARES WILT AGAIN AS EARNINGS DISAPPOINT, ITALIAN BANKS DROP

    Nov 22, 2018

    European shares resumed their downward trend on Thursday, hit by disappointing earnings updates and falling mining stocks, while the Thanksgiving holiday in the United States kept volumes thin.The pan-European STOXX 600 <.STOXX> ended the day down 0.7 percent, with most sectors trading in the ...


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    /news-article.aspx?ID=57065706

    WHY MORE TROUBLE IS AHEAD FOR STOCKS

    Nov 22, 2018

    Trading volume is expected to remain low today, as the biggest market in the world (U.S.) is celebrating Thanksgiving. Yesterday, Wall Street closed mostly positive, but NASDAQ is the only U.S. index that is positive YTD. However, there is not much reason for excitement, as the year-to-date gains ar...


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    /news-article.aspx?ID=57085708

    OIL TUMBLES ON OVERSUPPLY CONCERNS, SINKING WORLD STOCKS

    Nov 22, 2018

    Tumbling oil prices pushed U.S. energy shares down more than 3 percent. As a result, the benchmark S&P 500 stock index ended lower to confirm correction territory, having dropped more than 10 percent from its record closing high in late September. Trading volume was light in a shortened session ...


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    /news-article.aspx?ID=57175717

    EUROPEAN STOCKS DROP AFTER TECH REBOOT FAILS

    Nov 22, 2018

    Oil prices plunged on Friday on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street. Both Brent and U.S. crude fell to their lowest levels since October 2017 and were on course for their biggest one-month decline since late 2014. Although th...


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    /news-article.aspx?ID=57185718

    FAILED TECH REBOOT HITS STOCKS, POUND CHEERS BREXIT PROGRESS

    Nov 21, 2018

    Europe's share markets fell back into the red on Thursday, as investor worries about slowing global growth in the face of rising U.S. interest rates and trade tensions outweighed crucial Brexit progress. Chinese markets had extended their slump in Asia amid the trade war with the United States, ...


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    /news-article.aspx?ID=57075707

    THESE DIVIDEND SHARES ARE TRADING AT BARGAIN-BASEMENT PRICES. SHOULD YOU BUY THEM FOR 2019?

    Nov 21, 2018

    The share price of car dealership Lookers is currently dealing at seven-month lows beneath 90p per share, reflecting the vast economic uncertainty that is affecting new and used auto sales in the UK.Some would argue that the company’s rock-bottom forward earnings multiple, at 6.6 times, means ...


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    /news-article.aspx?ID=57055705

    STUBBORN BULL: WHY GOLDMAN IS OPTIMISTIC ABOUT STOCKS

    Nov 21, 2018

    Despite the latest sell-offs that have shaken big and small investors alike, Goldman Sachs has stood out for its stubborn optimism that the decade-long bull market will continue, albeit at a slower pace and with rising risks. In a recent 2019 Equity Outlook report, the firm assigned a 50% probabilit...


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    /news-article.aspx?ID=56895689

    AUTO PART STOCKS AVOID CRASHING

    Nov 21, 2018

    Auto part stocks have remained surprisingly resilient amid the S&P 500, a proxy for the broader stock market, tracking sharply lower into correction territory – down roughly 10% from its Sept. 21 high of 2,940.91. A round of better-than-expected third quarter (Q3) earnings and a perception...


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    /news-article.aspx?ID=56905690

    FEW REASONS TO OWN J. C. PENNEY STOCK

    Nov 21, 2018

    J. C. Penney Company, Inc. (JCP) shareholders initially shook off Sears Holdings' Oct. 15 bankruptcy filing, but the imperiled stock has continued to lose ground into Black Friday week, dropping to the lowest low since at least the 1960s. The Nov. 15 earnings release didn't improve the dread...


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    /news-article.aspx?ID=56915691

    OIL DIPS ON SWELLING U.S. STOCKS, BUT EXPECTED OPEC SUPPLY CUT STEMS LOSSES

    Nov 21, 2018

    Oil prices dipped on Thursday after U.S. crude inventories increased to their highest level since December 2017 amid concerns of an emerging global glut, although an expected supply cut by producer cartel OPEC prevented further drops. U.S. West Texas Intermediate (WTI) crude futures, were at $53.38 ...


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    /news-article.aspx?ID=56925692

    THIS IS WHAT A STOCK MARKET BUBBLE BURSTING FEELS LIKE

    Nov 20, 2018

    As the Nasdaq extends its swoon in Tuesday morning trading, it's helpful to look at history as guide for such pullbacks.  Though the markets are off their lows as of 11 a.m., a historical--as opposed to one-day--focus should be enlightening your investment decisions. The bursting of the tec...


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    /news-article.aspx?ID=56855685

    4 REASONS TO SELL YOUR STOCKS TODAY

    Nov 20, 2018

    If you need the money from your stocks in the next five years, you should sell them before they lose even more value. If you have a longer time horizon, grit your teeth and suffer patiently. Someday stocks will bottom out and keep rising if you have the stomach for it, their decline will create a gr...


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    /news-article.aspx?ID=56865686

    NVIDIA SHARES TURN POSITIVE AFTER CITRON BUYS STOCK

    Nov 20, 2018

    SHARES OF Nvidia Corp reversed course after markets opened to gain about 2.5 percent on Tuesday after short seller Citron Research said it has bought the chip designer's stock. “Citron buys $NVDA. This is the first time in 2 years stock offers an appealing risk-reward to investors. $NVDA s...


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    /news-article.aspx?ID=56875687

    TARGET STOCK TUMBLES ON EARNINGS MISS

    Nov 20, 2018

    Stocks have plummeted since the beginning of October. And that decline is a predictor of economic troubles ahead for the U.S. economy. Target Corporation (TGT) stock dropped more than 9 percent on Tuesday after the company reported higher-than-expected costs and margins and missed Wall Street earnin...


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    /news-article.aspx?ID=56885688

    WALL STREET TUMBLES AS APPLE, INTERNET STOCKS SWOON

    Nov 19, 2018

    U.S. stocks dropped and the Nasdaq fell 3 percent on Monday as investors dumped Apple, internet and other technology shares, further shaking confidence in a group of stocks that has propelled the long bull market. Conflicting signals over the state of play between the United States and China on thei...


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    /news-article.aspx?ID=57035703

    WORLD STOCKS, OIL PLUNGE AS GLOBAL GROWTH PROSPECTS DIM

    Nov 19, 2018

    Shares of Pacific Gas & Electric Co. soared Friday after California's top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires.PG&E's stock rebounded 37.5 percent Friday after plunging 60 percent and losing $15 billion...


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    /news-article.aspx?ID=57045704

    VOLATILE STOCK MARKET SPOOKING SOME OLDER WORKERS, RETIREES

    Nov 19, 2018

    Recent returns for Americans holding foreign market investments have been underwhelming. But, it’s still a great idea to maintain a meaningful allocation to foreign markets. Compelling value The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group th...


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    /news-article.aspx?ID=56735673

    ASIAN STOCKS SLIDE AFTER WALL STREET LOSSES, NISSAN ARREST

    Nov 19, 2018

    Asian stocks slid Tuesday after tech losses dragged down Wall Street and Nissan's chairman was arrested on charges of financial misconduct. KEEPING SCORE: The Shanghai Composite Index fell 1 percent to 2,675.69 and Tokyo's Nikkei 225 lost 0.9 percent to 21,633.54. Hong Kong's Hang Seng r...


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    /news-article.aspx?ID=56745674

    INSTANT VIEW: WALL STREET STOCKS TUMBLE, S&P FALLS 2 PERCENT

    Nov 19, 2018

    U.S. stocks tumbled on Monday, with the S&P 500 and Dow Jones industrial Average shedding about 2 percent and the Nasdaq down more than 3 percent. A slide in Apple's shares to their lowest since July 6 battered the technology sector on concerns about iPhone demand, with mixed signals over th...


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    /news-article.aspx?ID=56755675

    TWITTER CHART IS A “TECHNICAL GOLDMINE,” SHARES COULD JUMP 20%: TRADER

    Nov 19, 2018

    Shares of Twitter Inc. (TWTR), which have struggled to keep up with the rest of the tech industry over the recent years, are now outperforming the broader market during a rocky time for once high flying tech companies. With shares of the social media giant already up about 15% over the recent one-mo...


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    /news-article.aspx?ID=56765676

    WHY BLACKBERRY IS BUYING CYLANCE FOR $1.4 BILLION

    Nov 19, 2018

    On Friday, Blackberry Ltd. (BB) announced that it would acquire artificial intelligence (AI) company Cylance for $1.4 billion in cash. The deal is seen as helping the Canadian technology company carry out its transition from making smartphones to selling software and doubling down on emerging busine...


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    /news-article.aspx?ID=56775677

    THE WEEK AHEAD: HOW MUCH LOWER CAN TECH GO NOW?

    Nov 18, 2018

    It was another rough week for the stock market as traders found more favored tech stocks to sell. The sellers hit Apple, Inc. (AAPL), which lost another 9% during the first three days of the week. From the Wednesday low of $185.93, it rebounded to close the week at $193.53, but is still down 16.9% f...


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    /news-article.aspx?ID=56715671

    IN PRAISE OF FOREIGN MARKETS

    Nov 18, 2018

    Now is a perfect time to take advantage of the best relative valuations in 20 years. For a variety of reasons including strong dollar, and a later recovery than America from the unfortunate events of 2008 and 2009, foreign stocks are on sale. It’s counterintuitive to hold or purchase stocks th...


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    /news-article.aspx?ID=56725672

    UBS ASSET MANAGEMENT TAPS ALTERNATIVE DATA TO INCREASE ALPHA

    Nov 17, 2018

    Asset management firms are in the business of managing money on behalf of institutional clients -- typically pension funds and mutual funds.  They operate as investment advisors that purchase and sell financial instruments, with a fiduciary responsibility to generate the best possible returns f...


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    /news-article.aspx?ID=56635663

    S&P 500 BUYBACKS SET ANOTHER QUARTERLY RECORD: S&P DOW JONES

    Nov 16, 2018

    S&P 500 companies have set another record in share repurchases in the third quarter and look on track to break above $200 billion in buybacks for the quarter, according to an S&P Dow Jones Indices analysis. Even with more earnings reports to come for the third quarter, buybacks by S&P 50...


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    /news-article.aspx?ID=57015701

    CALIFORNIA UTILITY SHARES RISE AS REGULATOR CALMS INVESTORS

    Nov 16, 2018

    No cause has been determined, but speculation has centered on PG&E, which reported an outage around the time and place the fire ignited. Late Thursday, California Public Utilities Commission President Michael Picker sought to calm financial markets by indicating support for the continued viabili...


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    /news-article.aspx?ID=57025702

    BUY THESE 3 BROKER STOCKS TO WITHSTAND MARKET TURBULENCE: MORGAN STANLEY

    Nov 16, 2018

    Analysts highlighted three key drivers of growth for the low-cost trading platforms, including "healthy asset and account growth," boosted by a trend toward independent advice and low-cost trading. As Millennials grow their wealth and look to invest in the market, many are choosing from a ...


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    /news-article.aspx?ID=56605660

    TESLA'S BREAKOUT MAY BOOST STOCK NEAR ITS RECORD HIGH

    Nov 16, 2018

    Shares of Tesla Inc. (TSLA) have advanced 40% since October 8 as the broader S&P 500 has fallen 6%. Now, technical analysis suggests that the stock may rise 11% back to its previous highs from its current price of $352 in mid-afternoon trading. The stock's significant advance is a result of ...


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    /news-article.aspx?ID=56615661

    3 CASINO STOCKS ‘TOO CHEAP TO IGNORE’: BERNSTEIN

    Nov 16, 2018

    Investors seeking out bargain buys in the midst of an increasingly volatile market this year, threatened by rising interest rates, global trade tensions, and geopolitical instability, should consider buying casino stocks, according to one team of analysts on the Street. Market Has 'Overly Penali...


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    /news-article.aspx?ID=56625662

    HEALTH CARE, ENERGY COMPANIES POWER US STOCK MARKET HIGHER

    Nov 16, 2018

    Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchmark S&P 500 index ended with its second weekly loss in four weeks. Gains in health care and energy companies power...


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    /news-article.aspx?ID=56515651

    APPLIED MATERIALS STOCK AT 'REVERSION TO THE MEAN'

    Nov 15, 2018

    Applied Materials, Inc. (AMAT) manufactures computer chips, and the stock has gone from being in an "inflating parabolic bubble" a year ago to being "too cheap to ignore" now as the company reports quarterly results. During the week of Nov. 17, 2017, the stock had a stochastic re...


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    /news-article.aspx?ID=56555655

    DELL SWEETENS TRACKING STOCK OFFER, ICAHN DROPS OPPOSITION

    Nov 15, 2018

    Dell Technologies on Thursday raised its offer to buy back shares tied to its interest in software maker VMware to $23.9 billion from $21.7 billion, prompting billionaire investor Carl Icahn to abandon his campaign to scupper the deal. The acquisition of the publicly traded tracking stock will resul...


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    /news-article.aspx?ID=56565656

    ASIAN STOCKS LOWER AFTER WALL STREET FALL, BREXIT APPROVAL

    Nov 14, 2018

    Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain's Cabinet endorsed a draft agreement to leave the European Union. KEEPING SCORE: Tokyo's Nikkei 225 lost 0.7 percent to 21,686.71 points and Sydney's S&P-ASX 200 retreated 0.6 percent to 5,6...


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    /news-article.aspx?ID=56585658

    BLUE APRON WARNS ON REVENUE GROWTH, SHARES TUMBLE

    Nov 14, 2018

    Blue Apron Holdings Inc on Wednesday said it plans to cut marketing spending, sacrificing possible revenue growth to focus on promoting its meal-kit delivery service to its highest-paying, most profitable customers. Shares of Blue Apron slid more than 10 percent after the move was revealed in an ear...


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    /news-article.aspx?ID=56595659

    BOEING STOCK AT MAKE OR BREAK LEVEL: TECHNICIAN

    Nov 14, 2018

    It's been a bumpy year for Boeing Co. (BA) amid broader market volatility and company-specific headwinds. This week, shares of the jetplane maker continued to fall on bad news for its 737 model, tumbling over 5% in just two days. The Dow Jones Industrial Average (DJIA) stock now faces a critical...


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    /news-article.aspx?ID=56545654

    GOLDMAN'S STOCK SEEN FALLING 33% OFF HIGH

    Nov 13, 2018

    Shares of Goldman Sachs Group Inc. (GS) have fallen 25% from their March highs, a precipitous decline for a stalwart of the banking industry. That amounts to tens of billions of dollars in lost market value for investors in one of Wall Street's venerable banks. Now, things may get worse as the b...


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    /news-article.aspx?ID=56365636

    AMAZON STOCK MOVES HIGHER AFTER HQ2 ANNOUNCEMENT

    Nov 13, 2018

    AFTER MONTHS OF speculation and competition, Amazon.com (Nasdaq: AMZN) announced on Tuesday that its second headquarters will be split between Arlington, Virginia, and New York City. Analysts say the new locations will give the company critical access to two of the largest financial and political hu...


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    /news-article.aspx?ID=56525652

    KNOW WHEN IT'S TIME TO SELL A STOCK

    Nov 13, 2018

    FIRST, A POINT OF clarification: Neil Sedaka is a singer-songwriter, not a stock analyst. But the title of one of his ditties contained enough wisdom to easily inspire a thesis in behavioral finance. That is: Breaking Up Is Hard to Do. Or if you like: Divesting one's portfolio of sow's-ear s...


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    /news-article.aspx?ID=56535653

    S&P, DOW LOSE GROUND AS CRUDE PLUNGE PUNISHES ENERGY STOCKS

    Nov 13, 2018

    The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.
    The Nasdaq ended the session essentially flat as a rebound in tech kept the index out of negative t...


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    /news-article.aspx?ID=56575657

    TESLA OPTIONS TRADERS BET STOCK HITS RECORD HIGH

    Nov 12, 2018

    Tesla Inc.'s (TSLA) stock has risen 40% since October 8 during a time that both the NASDAQ and the S&P 500 have dropped by about 4%. Some options traders are betting that Tesla's recent rally continues and the stock rises an additional 12% to reach a record high before the end of 2018.Di...


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    /news-article.aspx?ID=56345634

    ALIBABA STOCK FALLS DESPITE RECORD SINGLES DAY

    Nov 12, 2018

    LESS THAN THREE WEEKS before American retailers and shoppers kick of the massive Black Friday holiday sales event, Alibaba Group Holding Ltd (NYSE: BABA) reported a record $30.8 billion in gross merchandise volume (GMV) for its Singles Day shopping event over the weekend. Analysts say long-term inve...


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    /news-article.aspx?ID=56355635

    FINANCIAL CRASH OR NOT: DID WE LEARN ENOUGH FROM THE LAST CRISIS?

    Nov 11, 2018

    If I had to describe Halla Tómasdóttir, businesswoman and entrepreneur who ran for the Icelandic Presidency in 2016 and now works for The B-Team in New York trying to engage in a dialogue with corporates to change their business cultures, two words spring to mind: inspiring and visiona...


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    /news-article.aspx?ID=56325632

    STOCKS RISE AFTER PREDICTABLE MIDTERMS AND FOMC MEETING

    Nov 11, 2018

    The midterm elections failed to deliver any major surprises, which helped stocks move higher last week. At the same time, the Federal Reserve kept interest rates steady in a widely anticipated decision. The central bank noted that economic activity and the job market remain strong. Investors expect ...


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    JD.COM TRADERS BET STOCK WILL FALL 12% AS EARNINGS PLUNGE

    Nov 09, 2018

    JD.com Inc.'s (JD) stock has had a terrible 2018 declining by 46%, but now options traders are betting the stock falls by 12%. Technical analysis also supports the stock dropping further in the coming weeks. The reason for the bearish outlook is what is forecast to be a weak third quarter for th...


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    UNUSUAL TRADING SIGNALS CAN PREPARE YOU FOR THE NEXT SELL-OFF

    Nov 09, 2018

    Unusual trading signals in individual stocks have historically been able to forecast a market about to fall. These warnings also provide a heads-up for opportunistic entry points. On Oct. 12, we published an article saying we expected the markets should fall an average of 5.29% and that it should ta...


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    YELP STOCK CRASHES ON GUIDANCE CUT

    Nov 09, 2018

    Yelp Inc (NYSE: YELP) stock fell 31 percent on Friday after the company reported a third-quarter revenue miss and cut its full-year guidance. The market severely punished Yelp stock for the bad report, and analysts say investors should stay away from the stock until the company shows signs that its ...


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    10 HEALTH CARE STOCKS SEEN JUMPING ON TAKEOVERS

    Nov 08, 2018

    Mergers and acquisitions have been proceeding at a torrid pace, and the health care sector may be an especially active area for future consolidation. In the first half of 2018, the value of M&A deals hit all-time records both worldwide and in the U.S., up by 64% and 79%, respectively, from the f...


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    3 BIOTECH STOCKS POISED FOR BIG REBOUNDS

    Nov 08, 2018

    Biotech stocks may be nearing a significant break out using the SPDR Biotech ETF (XBI) as a proxy. Three stocks that are also breaking out are Agios Pharmaceuticals Inc. (AGIO), Esperion Therapeutics Inc. (ESPR) and Vertex Pharmaceuticals Inc. (VRTX), and they may be poised to rise by as much as 17%...


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    /news-article.aspx?ID=56225622

    WHY STOCKS ARE POISED FOR 12-MONTH RALLY

    Nov 07, 2018

    An oft-repeated maxim is that the stock market hates uncertainty, and a major cause for uncertainty has been resolved, given that the U.S. midterm congressional elections are now behind us. If history is a guide, investors should expect the S&P 500 Index (SPX) to advance over the next 12 months,...


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    /news-article.aspx?ID=56185618

    3 CONSUMER STOCKS ALERTING BIG BUYING

    Nov 07, 2018

    Gains of 27.66% the past three months for shares of Starbucks Corporation (SBUX), 15.78% for Walmart Inc. (WMT) and 6.51% for The Coca-Cola Company (KO) tell a story of unusual bullish trading activity accompanying the moves. The main criteria we look for when betting on upside in a stock are improv...


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    /news-article.aspx?ID=56195619

    TWILIO STOCK BREAKS OUT TO RETEST PRIOR HIGHS

    Nov 07, 2018

    Twilio Inc. (TWLO) shares rose more than 20% after the company posted better-than-expected third quarter financial results. Revenue rose 68% to $168.9 million, beating consensus estimates by $17.28 million, and earnings per share of seven cents beat consensus estimates by five cents per share. Gross...


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    /news-article.aspx?ID=56205620

    HOW THE 2018 MIDTERM ELECTIONS WILL IMPACT ENERGY STOCKS

    Nov 06, 2018

    STATE-LEVEL ENERGY policies on the ballot in Colorado, California and Washington will impact 17 energy stocks, as some have already lost billions of dollars in market capitalization. The impact of these stocks, including both small- and large-cap equities, includes a Colorado proposition that would ...


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    MICRON'S BATTERED STOCK FACES EVEN STEEPER DECLINES

    Nov 06, 2018

    Micron Technology Inc.'s (MU) stock already has staged a precipitous decline, dropping 36% from its May high. But technical analysis suggests the stock is headed lower, by about 9% in the coming weeks. Options trades support that, and indicate the stock will fall 8%. The bearish sentiment reflec...


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    /news-article.aspx?ID=56175617

    US DEFENSE STOCKS COULD RALLY INTO YEAR END

    Nov 05, 2018

    Short sellers targeted U.S. defense stocks in October, driving the iShares Dow Jones US Aerospace and Defense Index ETF (ITA) to a 10-month low. Few components have been spared in the volatile downdraft, which has also affected mega caps The Boeing Company (BA) and Lockheed Martin Corporation (LMT)....


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    SQUARE'S STOCK MAY DROP 11% AFTER RESULTS

    Nov 05, 2018

    Square Inc. (SQ) stock has fallen by 21% from its 2018 high. Now options traders are betting the stock falls by as much as 11% more following its earnings results. The share fell sharply amid a broader technology led stock market sell-off. The stock was also weighed down when the company announced i...


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    ASIAN SHARES SLIDE ON WORRIES OVER US-CHINA RELATIONS

    Nov 04, 2018

    US-CHINA TRADE: Global markets rose Friday after President Donald Trump said that he talked to his Chinese counterpart Xi Jinping about trade. Trump added that the discussions were "moving along nicely" ahead of a planned meeting at the Group of 20 summit later this month. Larry Kudlow, a ...


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    /news-article.aspx?ID=56045604

    APPLE STOCK NEAR 3-MONTH LOW DESPITE STRONG EARNINGS

    Nov 02, 2018

    Apple Inc. (AAPL) shares sold off more than 6% on Thursday evening, dropping toward $207, after the tech giant beat fiscal fourth quarter profit and revenue estimates while guiding down first quarter margins and revenues. More importantly, the company advised that it would no longer provide quarterl...


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    AMAZON STOCK’S PLUNGE IS A COMPELLING ENTRY POINT: STIFEL

    Nov 02, 2018

    Shares of global e-commerce leader Amazon.com Inc. (AMZN) have taken a beating on weaker-than-expected top line numbers and guidance in the third quarter. While investors sent shares down as much as 10% on the back of earnings results, analysts on the Street have largely remained bullish regarding t...


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    THE NUMBER ONE EMERGING MARKET STOCK TO BUY NOW

    Nov 02, 2018

    While domestic stocks remain dangerously overvalued, emerging market stocks appear undervalued. Some have asked what the one stock to buy in the emerging-market universe would be. For a value investor, the answer might be surprising: Tencent, a tech company. Tencent is a Chinese internet behemoth wi...


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    AS STOCK PRICES GO ON DISCOUNT, THEIR BIGGEST BUYERS RETURN

    Nov 01, 2018

    The biggest buyers of stocks are coming back. More than any other group, companies themselves are the largest purchasers of their own shares. But they were notably absent from the market the last few weeks, just as stock prices were tumbling on worries about global trade and rising interest rates. B...


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    3 HIGH DIVIDEND YIELD STOCKS TO BUY: MILLER TABAK

    Nov 01, 2018

    Many investors are shaken coming off a rocky month for U.S. equities, in which the market lost a whopping $2 trillion in October. For those unaccustomed to such massive market swings having reaped healthy returns during the near 10-year bull market dividend plays may serve as more nerve-calming bets...


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    3 PHARMA STOCKS TO MAKE A PORTFOLIO FEEL BETTER

    Nov 01, 2018

    In a speech at the U.S. Department of Health and Human Services (HHS) on Oct. 25, President Trump detailed how he intends to reduce pharmaceutical prices. His administration plans to establish an "international pricing index" that links the price of certain drugs to what other developed na...


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    INVESTING VS. SPECULATING: WHY KNOWING THE DIFFERENCE IS KEY

    Oct 31, 2018

    As the stock market bull potentially nears the end of its run and we head into the last two months of 2018, many investors are making adjustments to their portfolios. Over the course of my travels and in conversations with other industry experts, I’m constantly reminded the importance of: ...


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    /news-article.aspx?ID=55895589

    GENERAL MOTORS STOCK RISES AFTER EARNINGS BEAT

    Oct 31, 2018

    General Motors Company (NYSE: GM) stock gained 9 percent on Wednesday after the company reported a third-quarter earnings beat fueled by higher auto prices. Analysts say GM is in a better competitive position than critics realize and GM stock offers long-term investors a compelling value. GM reporte...


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    /news-article.aspx?ID=55905590

    FACEBOOK’S EARNINGS: KEY TAKEAWAYS ON THE STREET

    Oct 31, 2018

    Facebook Inc. (FB) shares got a boost on Wednesday after the social media giant posted its most recent quarterly earnings report. A generally upbeat response to the results on the Street comes as a breath of fresh air for the Silicon Valley tech titan, which has struggled with a series of scandals i...


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    /news-article.aspx?ID=55915591

    INVESTORS SHORTING FAANG STOCKS MADE $1.6B LAST WEEK

    Oct 30, 2018

    Bets against popular tech stocks netted investors over one billion dollars in profit last week, according to data from S3 Partners. FAANG stocks, Facebook Inc. (FB), Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Netflix Inc. (NFLX) and Google's parent company, Alphabet Inc. (GOOGL), were among the ...


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    /news-article.aspx?ID=55805580

    MESSAGE FROM THE BOND MARKET: MORE TURMOIL FOR STOCKS

    Oct 30, 2018

    Already stocks have had a volatile fall, but it could get even worse. That’s because a change in the bond market is pointing to a sharp decline in stocks unless something changes, according to one analyst. The reason why savvy investors watch the bond market is that buyers of fixed-income secu...


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    /news-article.aspx?ID=55875587

    EARNINGS PREVIEW: WHAT TO EXPECT FROM APPLE STOCK

    Oct 30, 2018

    EARNINGS SEASON HAS been rocky for major U.S. tech companies, and Apple, Inc. (Nasdaq: AAPL) investors are likely uneasy heading into the company's third-quarter report on Nov. 2. However, analysts say the newest generation of iPhones have been a big hit, and Apple will likely issue some impress...


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    /news-article.aspx?ID=55885588

    AMD TRADERS BET STOCK WILL PLUNGE 53% OFF HIGHS

    Oct 29, 2018

    Advanced Micro Devices Inc. (AMD) already has fallen 45% off its 2018 highs - and now it's poised to plunge even further. Options traders are betting that the stock will drop another 11% in the next few weeks. Such a decline would push down the shares 53% from their 2018 high, a stunning decline...


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    /news-article.aspx?ID=55775577

    FORD STOCK COULD RALLY 40%: GOLDMAN

    Oct 29, 2018

    Shares of Ford Motor Co. (F) spiked Monday morning following an upbeat note from one team of analysts on the Street who views recent weakness as an opportunity to buy shares of the beaten down automaker at a discount, as reported by CNBC. Cash Restructuring, Refreshed Product Cadence to Lift Legacy ...


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    /news-article.aspx?ID=55785578

    NETFLIX STOCK CAN DOUBLE IN THREE YEARS: RBC

    Oct 29, 2018

    Shares of Netflix Inc. (NFLX), down nearly 20% in the one-month period through Friday close, can double from $300 to $600 by 2021, according to one bull on the Street, and as outlined by CNBC. Netflix Has Already Won the Streaming Game, Writes Bull. The Los Gatos, Calif.-based on-demand entertainmen...


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    /news-article.aspx?ID=55795579

    HOW STOCK MARKET CRASHES DON'T FOLLOW THE RULES

    Oct 28, 2018

    Let’s face it, though the subject attracts a lot of attention, we aren’t on a firm footing in truly understanding extreme events, such as market crashes. Many approaches to stock market analysis are statistical. This makes sense. Investing is rife with numbers and data and lots of time p...


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    /news-article.aspx?ID=55715571

    STOCKS THIS WEEK: BUY DISCOVERY A AND HOME DEPOT

    Oct 28, 2018

    Here are a pair of stocks that are likely to outperform. Discovery Communications is generating a weekly buy signal now. Ten of the last thirteen buy signals over the last 12 months have been profitable. Note that the relative strength has been strong during the October decline. This stock is likely...


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    /news-article.aspx?ID=55725572

    THIS TIME IT'S DIFFERENT FOR THE NASDAQ

    Oct 27, 2018

    The technology-heavy Nasdaq is a scary place to have your money these days. It is beginning to look like the last days of the dotcom bubble back in the early 2000s. Popular stocks are failing to make new highs, selling is in the news, and the “buying in the dips” strategy has been replac...


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    /news-article.aspx?ID=55695569

    4 VALUE STOCKS PAYING DIVIDENDS & NOW TRADING BELOW BOOK

    Oct 27, 2018

    Now that we've seen selling and some stock market indices are back to levels they started the year with, you can find a value stock here and there. By value stock, I mean the kind of thing that Benjamin Graham and his student Warren Buffett used to look for: with a lower-than-the-market price/ea...


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    /news-article.aspx?ID=55705570

    ‘WASHED OUT’ BANKS BEST BUY PRE MID-TERMS: ANALYST

    Oct 26, 2018

    This Level of Overselling Likely to Result in Double Digit Rally. Bank stocks have been hit hard by the recent global sell-off, underperforming the broader market despite potential upside from rising interests’ rates and strong earnings. This week, the XLF financial ETF fell to a 13 month low,...


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    /news-article.aspx?ID=55635563

    8 STOCKS THAT TRADERS BET WILL SOAR SHORT TERM

    Oct 26, 2018

    The falling stock market has sent some investors stampeding for the exits, but options traders have been making big bets that some stocks are likely to score big gains by January. Among these stocks are, per a study by Goldman Sachs as summarized by Business Insider: Navistar International Corp. (NA...


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    /news-article.aspx?ID=55645564

    4 BIG RISKS FACE U.S. INVESTORS IN 'CHALLENGING' 2019

    Oct 26, 2018

    Investors have been rattled by major market pullbacks this year and are looking nervously towards 2019. They might pay close attention to the concerns voiced below by Christophe Barraud, the Paris-based chief economist and strategist at global broker-dealer firm Market Securities. Bloomberg has rank...


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    /news-article.aspx?ID=55565556

    MCDONALD'S STOCK: UNUSUAL BUYING BUCKS THE TREND

    Oct 25, 2018

    A gain of 12.31% the past three months for shares of McDonald's Corporation (MCD) tells a story of unusual bullish trading activity accompanying the move. The main criteria we look for when betting on upside in a stock are improving fundamentals, leading technical and bullish trading activity in...


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    /news-article.aspx?ID=55545554

    AMAZON STOCK HOLDS KEY MOVING AVERAGE INTO EARNINGS

    Oct 25, 2018

    Amazon.com, Inc. (AMZN) reports earnings after the closing bell on Thursday, Oct. 25. The stock closed Wednesday, Oct. 24, at $1,664.20, which is right on the 200-day simple moving average. Following a correction of 18.8% from its all-time high of $2,050.50 set on Sept. 4, the stock remains up 42.3%...


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    STOCKS TO FALL ANOTHER 10% BEFORE BOTTOMING: PIPER JAFFRAY

    Oct 25, 2018

    Sell-Off Will Take 14 to 16 Weeks to Work Itself Out. Just months after setting all-time records, the blue-chip S&P 500 is sinking on a handful of concerns including heightened global trade tensions, rising interest rates, lackluster earnings, and mounting regulatory pressure on once high-flying...


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    /news-article.aspx?ID=55625562

    U.S. FUND INVESTORS PULL MOST CASH FROM STOCKS SINCE JUNE: ICI

    Oct 24, 2018

    U.S. FUND investors intensified their onslaught on the stock market in the latest week, pulling out the most cash since June as investors fretted about interest rate hikes, Investment Company Institute (ICI) data showed on Wednesday. More than $12.8 billion slipped out of U.S.-based equity mutual an...


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    /news-article.aspx?ID=55615561

    VERIZON STOCK GAPS TO 17-YEAR HIGHS

    Oct 24, 2018

    The new 52-week high list has been pretty scarce as of late, but Verizon Communications Inc.'s (VZ) earnings announcement propelled its stock above an important level of resistance to 17-year highs, signalling that further upside may be be ahead. Below is the daily chart of Verizon, showing a ch...


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    /news-article.aspx?ID=55485548

    8 OVERLOOKED STOCKS POISED FOR BIG CONTRARIAN GAINS

    Oct 24, 2018

    With the stock market engulfed in turmoil and increased volatility, investors may be on the lookout for stocks that can deliver big short-term gains. In that vein, Morgan Stanley has compiled a "conviction list" of stocks for which there is a high likelihood, in their analysts' opinion...


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    /news-article.aspx?ID=55535553

    CRYPTO M&A SURGES AS CRYPTO MARKETS CRASH

    Oct 23, 2018

    At first glance, it would seem that the cryptocurrency market is dead. Valuations for major coins at exchanges are off by more than 50% since the start of this year. After setting records, the initial coin offerings (ICO) market has cooled down and investment has dropped to all-time lows. But one co...


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    /news-article.aspx?ID=55455545

    PLUNGING MARIJUANA STOCKS MAY HAVE FURTHER TO FALL

    Oct 23, 2018

    Companies across the sector suffered losses on Monday. The ETFMG Alternative Harvest ETF (MJ) fell 9.4% at the close after 28 of its 37 components ended the day in the red, reported MarketWatch. A particularly torrid day on the markets for the three biggest pot stocks, Tilray Inc. (TLRY), Canopy Gro...


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    /news-article.aspx?ID=55465546

    10 OVERSOLD TECH STOCKS READY TO REBOUND

    Oct 23, 2018

    Tech stocks have taken a beating recently, sending the Nasdaq 100 Index (NDX) plummeting by 8.6% from its all-time high on Oct. 1 to its low on Oct. 10, based on intraday prices. Counter to growing skepticism about the outlook for tech stocks, Piper Jaffray sees a buying opportunity, Barron's re...


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    /news-article.aspx?ID=55475547

    REGIONAL BANK CORRECTIONS REMAIN AFTER EARNINGS

    Oct 22, 2018

    The Federal Reserve is raising the federal funds rate, which is supposed to benefit regional banks, but that has not been the case. Conventional wisdom does not work when the banking system has experienced a credit crunch, a zero percent funds rate, three waves of quantitative easing, and now a long...


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    /news-article.aspx?ID=55325532

    GOLDMAN SACHS CHANGES ASIA INVESTMENT BANKING LEADERSHIP: MEMO

    Oct 22, 2018

    Leland, an American who joined Goldman in 1992, will replace Andrea Vella and Kate Richdale who were appointed co-heads of the unit in 2015.Vella and Richdale will remain in the region to become the co-chairs of the unit, said the memo sent to the bank staff and seen by Reuters on Monday. Leland was...


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    /news-article.aspx?ID=55385538

    3 BATTERED CHIP STOCKS READY TO RISE 10%

    Oct 22, 2018

    Chip stocks have been battered in 2018, with the PHLX Semiconductor Index falling 14% off its highs. Some stocks are down even more, with Teradynye Inc. (TER), Maxim Integrated Products Inc. (MXIM), Marvell Technology Group Ltd. (MRVL) down by as much as 36%. Now, that momentum is shifting and these...


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    /news-article.aspx?ID=55395539

    PAYPAL A CHEAP BUY IN GLOBAL PAYMENTS INDUSTRY

    Oct 22, 2018

    Online payment industry giant PayPal (PYPL) proved to the Street last week that it can maintain its leadership in the ever-evolving fintech space and ward off new competition from rivals including Jack Dorsey's Square Inc. (SQ). Shares of the San Jose, Calif.-based tech company spiked over 9% on...


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    /news-article.aspx?ID=55405540

    DOW, S&P 500 FALL AS DOLLAR RISES, YIELD CURVE FLAT

    Oct 21, 2018

    U.S. stocks closed lower after choppy trade on Monday, as some investors showed signs of earnings season nerves, while political worries in Europe led the dollar to strengthen against the euro and sterling. The euro continued its slide on uncertainty over Italy's budget and the British pound fel...


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    /news-article.aspx?ID=55375537

    HOW TO INVEST YOUR $1.6 BILLION MEGA MILLIONS WINNINGS

    Oct 21, 2018

    One in 300 million. The odds aren’t great, but your chances of winning the massive Mega Millions lottery are as good as the next person. The current jackpot is estimated to be more than $1.6 billion. That is 1,600 million for those who are used to seeing smaller prizes. According to the USA Me...


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    /news-article.aspx?ID=55305530

    3 SAFE DIVIDENDS (UP TO 9.5%) FOR THIS UNCERTAIN MARKET

    Oct 21, 2018

    There’s a widespread belief that stocks and funds can deliver red-hot capital gains or substantial income, but not both. Fortunately for us that’s not true. It is possible to collect big dividends and capital appreciation. I’m going to show you how to safely collect 32% in total re...


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    /news-article.aspx?ID=55315531

    UTILITY STOCKS: WHEN RATES RISE IT'S TIME TO BUY

    Oct 20, 2018

    The final three months of the year are seasonally strong for utility stocks. Since 1969, the Dow Jones Utility Average (DJUA) has posted positive returns in 39 Octobers and 40 Q4s, including (barely) last year. Many large institutions will shift funds to sectors considered defensive in order to lock...


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    /news-article.aspx?ID=55295529

    2 CLOUD STOCKS POISED TO LEAD AS TECHS FIZZLE

    Oct 19, 2018

    Two high-flying cloud stocks are set to soar even higher, despite the recent pullback in the tech sector and expectations that it may continue to lag the broader market. Both Adobe Systems Inc. (ADBE) and Workday Inc. (WDAY) are handily outperforming not just the S&P 500, but also the Nasdaq Com...


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    /news-article.aspx?ID=55235523

    BANKING PROFITS IN FINANCIAL ETFS

    Oct 19, 2018

    The "Trump bump" sent financial stocks on a 14-month rally as Wall Street cheered the President's election promises to slash company taxes, reduce regulation and ease strict bank lending rules. The euphoria surrounding the financial sector came to an end in early 2018 as investors felt...


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    /news-article.aspx?ID=55245524

    FOREX - DOLLAR DIPS, BUT FED MINUTES KEEP RATE HIKES ON THE TABLE

    Oct 18, 2018

    The dollar eased from one-and-a-half week highs against a currency basket on Thursday, but remained supported as the minutes from the Federal Reserve’s September meeting indicated that it plans to push ahead with rate hikes in the coming months. The U.S. dollar index, which measures the greenb...


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    /news-article.aspx?ID=55165516

    AMD SEEN FACING HUGE 20% STOCK SWINGS AMID EARNINGS

    Oct 18, 2018

    Advanced Micro Devices Inc. (AMD) stock already has fallen into a bear market, down 22% from its intraday high last month. But the heartburn isn't likely to end anytime soon for investors in AMD. The stock faces massive volatility in the coming weeks as options traders anticipate 20% gains - or ...


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    /news-article.aspx?ID=55215521

    A US STOCK MARKET CRASH IS A REAL POSSIBILITY

    Oct 18, 2018

    A U.S. stock market crash is a real possibility. It's been a long time since we have been in an environment where this was on the table. For those of you who know me, I think I've proven that I'm not one of these end-of-the-world guys. We can probably all agree that I call it like I see ...


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    /news-article.aspx?ID=55225522

    BANK STOCKS ON SHAKY GROUND AFTER BIG REPORTS

    Oct 17, 2018

    Major banking funds have broken key support levels and dropped to 2018 lows, overwhelmed by eight Federal Reserve rate hikes and the most recent market swoon. This price action sets the stage for critical testing at 2016 breakout levels, which mark the nexus between long-term bull and bear markets. ...


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    /news-article.aspx?ID=55135513

    THE BIG DECLINES AREN'T OVER FOR TECHS AND GROWTH STOCKS

    Oct 17, 2018

    As the stock market recovers from its recent pullback, many investors are breathing a sigh of relief, and some market pundits are forecasting more gains ahead. However, Morgan Stanley's U.S. equity strategy team sees major risks ahead for the market as a whole, and for 3 key sectors in particula...


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    /news-article.aspx?ID=55145514

    AUSTRALIAN STATE EYES BLOCKCHAIN UPGRADE FOR PROPERTY TRANSACTIONS

    Oct 16, 2018

    As part of a plan to put all property transactions into the digital realm, a department of Australia's New South Wales (NSW) government is turning to blockchain technology. With the state having ordered the digitization of all property transactions from July 1, 2019, NSW Land Registry Services t...


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    /news-article.aspx?ID=55085508

    ACTIVE TRADERS ARE WATCHING FOR A BOUNCE IN COMMODITIES

    Oct 16, 2018

    The break below key levels of support earlier this year on the charts from across key segments of commodities such as forestry products and basic materials has dominated the attention of active traders, but as of late, it appears as though the story is now changing. In the paragraphs below, we'l...


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    /news-article.aspx?ID=55125512

    4 FINANCIAL STOCKS MAY THRIVE AS RATES DISRUPT MARKET

    Oct 16, 2018

    Interest rates have begun rising again, and this is bad news for most stocks, as companies’ borrowing costs increase, and as a higher discount rate means that the present value of expected future earnings declines. Additionally, rising bond yields make fixed income investments a more attractiv...


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    /news-article.aspx?ID=55055505

    IBM STOCK SEEN REBOUNDING 7% DESPITE WEAK EARNINGS

    Oct 15, 2018

    International Business Machines Corp.'s (IBM) stock has dropped by more than 8% since the start of October along with the broader market sell-off.  Some options traders are betting that the stock will rebound by up to 7% from its current price of $141.50 even amid forecasts that IBM will an...


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    /news-article.aspx?ID=55065506

    TECH STOCKS DRAG DOWN WALL ST. AS EARNINGS WORRIES WEIGH

    Oct 15, 2018

    U.S. stocks ended lower in a choppy trading session on Monday, dragged down by technology stocks amid lingering worries over interest rates and corporate earnings. The benchmark S&P 500 index teetered between positive and negative territory for much of the day but moved definitively lower in the...


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    /news-article.aspx?ID=54995499

    STOCKS - S&P CLOSES LOWER AS TECH SINKS

    Oct 15, 2018

    The Dow Jones Industrial Average fell about 0.35%. The S&P 500 fell 0.59%, while the Nasdaq Composite fell 0.88%.The broader averages struggled for direction as Apple (NASDAQ:AAPL) fell 2%. Goldman Sachs warned that slowing consumer demand in China could weigh on Apple's earnings. But the ba...


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    /news-article.aspx?ID=55005500

    TECH STOCKS, DOLLAR FALL AS GLOBAL TENSIONS RISE: MARKETS WRAP

    Oct 14, 2018

    Technology companies pulled stock indexes lower, while the dollar dropped as investors eyed a growing list of global concerns. Treasuries rose. The tech-heavy Nasdaq indexes led losses Monday, while small caps gained after President Donald Trump on Sunday threatened more tariffs on Chinese goods. Th...


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    /news-article.aspx?ID=54975497

    BOND TRADERS EYE FEDSPEAK FOR SIGN OF DOUBT AFTER STOCKS SWINGS

    Oct 14, 2018

    Bond traders will look to key Federal Reserve speakers this week for any signs that officials are wavering from their plans to keep hiking rates gradually after U.S. stocks suffered their worst weekly sell-off since March. In the first quarter, the Fed looked past a tumble in the S&P 500 Index t...


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    /news-article.aspx?ID=54985498

    COMMERCEWEST BANK HELPED AUGIE'S QUEST PROVIDE ALS RESEARCH

    Oct 13, 2018

    CommerceWest Bank helped Augie's Quest Provide ALS Research. ALS, also called Lou Gehrig's disease, is a neurological disease that causes dysfunction in the nerves and causes the brain to lose its ability to initiate and control muscle movement.  Augie's Quest is dedicated to findin...


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    /news-article.aspx?ID=54915491

    MACHINES TAKE THE BLAME AS U.S. STOCK MARKET SELLS OFF

    Oct 12, 2018

    Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines. The benchmark U.S. S&P 500 stock index .SPX marked its biggest one-day fall since February and added to those losses on Thurs...


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    RETAIL BANKING DRIVES JPMORGAN'S EARNINGS BEAT

    Oct 12, 2018

    JPMorgan Chase & Co. (NYSE: JPM) kicked off third-quarter earnings season for U.S. banks on a high note on Friday, reporting an earnings beat on better-than-expected retail banking revenue. An uptick in net interest margin also eased investor fears, and analysts say J.P. Morgan remains among the...


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    10 STOCKS THAT CAN RISE SHORT TERM AMID MARKET'S SWINGS

    Oct 11, 2018

    The stock market's sharp downdraft and rising volatility are prompting many investors to look for stocks that are most likely to buck the tide in the short term. They might consider the most recent "conviction" list from Morgan Stanley. "Our analysts believe that one or more immin...


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    CITIGROUP REPORTS EARNINGS BELOW LONG-TERM PIVOTS

    Oct 11, 2018

    Citigroup Inc. (C) is the fourth largest of the four "too big to fail" money center banks and has total assets of $1.398 trillion at the end of Q2, down from $1.407 trillion in Q1 2018. This continues a troubling trend in which the nation's biggest banks are reducing lending. Based on ...


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    MARKET ROUT ENDS GROWTH STOCKS' 10-YEAR REIGN

    Oct 11, 2018

    The current bull market has been led by growth stocks, but a major shift in the markets may be underway. In a recent report, Morgan Stanley's U.S. equity strategy team led by Michael Wilson says, "The decade-long run of Growth versus Value may finally be at risk of turning on a more sustain...


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    TOP MOMENTUM STOCKS FROM 9 DIFFERENT SECTORS

    Oct 09, 2018

    The nine-year-old bull market in U.S. stocks has been dominated by growth and momentum plays, such as the popular FAANG group of stocks. These momentum stocks have significantly outperformed value stocks, and Oppenheimer analyst Ari Wald says there’s no reason for investors to be fearful of mo...


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    WHAT IS THE BITCOIN INVESTMENT TRUST?

    Oct 09, 2018

    Cryptocurrency bitcoin's price has dropped in 2018 after reaching record-setting price levels in 2017. However, even seasoned investors may be reluctant to get involved in direct investments relating to cryptocurrencies, or digital currencies, since they're usually highly speculative, the ma...


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    WHY FACEBOOK’S OVERSOLD SHARES CAN RISE 30%

    Oct 09, 2018

    Facebook Inc. (FB) has fallen out of favor with many investors in recent months as the shares fell more than 25% from their record high back in July. But Facebook has the potential to rise sharply even as analysts slash their price targets. Argus Research’s Joseph Bonner, for one, thinks the s...


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    RETAIL STOCKS IN RETREAT DESPITE STRONG CONSUMER SPENDING

    Oct 08, 2018

    Retail stocks sold off to multi-month lows last week, defying strong consumer spending driven by a surging U.S. economy and the lowest unemployment rate in decades. The twin headwinds of rising wages and falling margins are to blame, dropping this recently resurgent group into an intermediate correc...


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    GE COULD JUMP 50%, BAD NEWS PRICED INTO STOCK: BARCLAYS

    Oct 08, 2018

    Shares of General Electric Co. (GE) jumped in pre-market trading on Monday on an upbeat note from one team of bulls on the Street who expect the industrial conglomerate to recover some of its losses after an executive shakeup. In a note to clients on Monday, Barclays upgraded shares of the Boston-ba...


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    NOBEL IN ECONOMICS TO BE AWARDED, AND BIG BANKS BEGIN REPORTING EARNINGS

    Oct 07, 2018

    Google plans to unveil an array of new products, and trade and U.S.-China tensions are expected to be discussed at the I.M.F.-World Bank meetings. At least one prominent economist will enter the pantheon of Nobel laureates on Monday, when the Sciences announces the winner of the 2018 Nobel Memorial ...


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    AMERITECH FINANCIAL ON MIND OVER MATTER: HOW CHANGING ONE'S MINDSET CAN HELP SET FINANCIAL GOALS

    Oct 07, 2018

    For many people in the United States, debt is overwhelming. Establishing good habits to combat this can be easier said than done. Ditching a fixed mindset (the belief that one's abilities and basic qualities are simply fixed traits) and developing a growth mindset (the belief that one's skil...


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    BITFINEX FINDS HSBC AS BANKING PARTNER AS BANKS CAUTIOUSLY OPEN DOORS TO CRYPTOS ACROSS THE GLOBE

    Oct 06, 2018

    The rising interest in and demand for cryptocurrencies have made it a hot property and everyone wants to have a share of it. The shine of cryptos is so bright that traditional financial institutions and banks too are partnering with crypto businesses and exchanges. According to a recent twitter post...


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    CHIP STOCKS FACE MAJOR ‘DOWNTURN RISK’: DEUTSCHE BANK

    Oct 05, 2018

    Shares of semiconductor companies fell on Thursday following a downbeat report from analysts at Deutsche Bank who cut their 2019 earnings estimates by 5% on average for eight chip stocks, as outlined by CNBC. The Philadelphia Semiconductor Index (SOX) fell 1.8% on Thursday amid a broader sell-off fo...


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    AMERICAN BULLION WARNS THAT DE-DOLLARIZATION CONCERNS ARE TAKING INVESTOR EYES OFF THE BALL

    Oct 05, 2018

    China is the biggest foreign holder of U.S. debt, in the form of U.S. treasury notes. A title it took back from Japan, in August of last year. No doubt they would eventually love for the Yuan to become the exclusive Global Reserve Currency. No doubt they are tired of watching the U.S. beat their che...


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    GEMINI EXCHANGE INSURES CRYPTO ASSETS THROUGH AON

    Oct 04, 2018

    Gemini Exchange, a leading digital asset exchange owned by the Winklevoss twins Cameron and Tyler, announced that the company has secured insurance coverage for digital assets in its custody through a global consortium of industry-leading insurers. The insurance is arranged by Aon PLC, a London, UK-...


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    CHIP STOCKS FACE TOUGHER QUARTER AND YEAR: MS

    Oct 04, 2018

    The once red-hot semiconductor sector is slowing down, with one team of analysts cutting their chip stock estimates for the first time in three years. In a recent research note, Morgan Stanley analyst Craig Hettenbach lowered his estimates for the chip sector in the fourth quarter and the year ahead...


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    SUPER-RICH STOCK VALUATIONS MAY TRIGGER A MARKET PLUNGE

    Oct 04, 2018

    So far in 2018, U.S. stocks have delivered gains far in excess of leading markets abroad, and the performance gap widened in the third quarter. In the process, the valuations of U.S. stocks have become much richer than those of key overseas indexes, trading at their highest premiums since 2009, per ...


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    EMERGING MARKET CURRENCIES WEAKEN AS DOLLAR HITS 6-WEEK HIGH

    Oct 04, 2018

    Emerging market currencies were lower in Asia on Thursday amid continued dollar strength after markets were buoyed by solid US economic data overnight.  The dollar index, a measure of the greenback against a basket of peers was 0.3 per cent higher at 96.046, a six-week high. The Indonesian rupi...


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    CRYPTO CONVERSIONS CAN BE TRACED: US CUSTOMS

    Oct 04, 2018

    Each time a conversion is made from a cryptocurrency to a government-issued currency, a “vulnerability” is created that can help track transactions, a U.S. Immigration and Customs Enforcement (ICE) official reported. Matthew Allen, an assistant director of domestic operations with the Ho...


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    GROUP-IB INTRODUCES SECURE BANK - INTELLIGENCE-DRIVEN SOLUTIONS FOR SMART ANTI-FRAUD PROTECTION ON A GLOBAL MARKET

    Oct 04, 2018

    Group-IB, an international company specializing in preventing cyberattacks, introduces Secure Bank to the international market.  Secure Bank is a product catered to financial institutions that aims to prevent client-side fraud and attacks across sessions, platforms, devices, channels, and entit...


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    MICROSOFT STOCK IS ALERTING BULLISH TRADING ACTIVITY

    Oct 03, 2018

    A gain of 35.7% in 2018 for shares of Microsoft Corporation (MSFT) tells a story of unusual bullish trading activity accompanying the move. In fact, Microsoft is a regular household name for Mapsignals, and I even suggested the stock as a buy opportunity in a post back in March. Since I wrote that a...


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    EUR/USD ON PACE TO POST FIFTH STRAIGHT DAY OF LOSSES

    Oct 02, 2018

    EUR/USD extended lower in early trading on Tuesday and is on track to close a fifth consecutive session in the red. However, the pair is seen holding above a well-respected support level that may lead to a near-term bounce.The currency pair posted a high just above the 1.1800 handle ahead of last we...


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    INSTITUTIONAL INVESTORS ARE USING BACK DOOR FOR CRYPTO BUYS

    Oct 02, 2018

    Institutional investors are becoming more involved in the $220 billion cryptocurrency market than many observers may realize.Buyers such as hedge funds have replaced high-net-worth individuals as the biggest buyers of large swaths of digital coins worth more than $100,000 through private transaction...


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    AMD FACES GIANT 22% SWINGS AMID UNCERTAIN OUTLOOK

    Oct 02, 2018

    Advanced Micro Devices Inc.'s (AMD) stock has more than tripled since the start of the year. Now with the third quarter over and results coming in over the next few weeks, uncertainty looms large. The options market is pricing in a massive level of volatility over the next weeks with the potenti...

    ADVANCED MICRO DEVICES INC
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    RIPPLE'S XRP VS. ETHEREUM'S ETHER: WHICH CRYPTOCURRENCY WILL WIN

    Oct 01, 2018

    Ripple’s XRP briefly overtook Ethereum’s ether over the weekend to become the world’s second most valuable cryptocurrency. A 7% surge in XRP’s value on Sunday morning boosted its value to $24.6 billion, enough to leapfrog ethereum’s ether which had a market capitalizati...

    RIPPLE
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    WOODFOREST NATIONAL BANK WINS TOP STATEWIDE BEST OF COMMUNITY BANKING AWARD

    Oct 01, 2018

    The Independent Bankers Association of Texas (IBAT) the largest state community banking association in the nation recently honored Woodforest National Bank with two Best of Community Banking (BOCB) Awards. It received a gold award as well as the "Best of Show" award, which is the competiti...


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    THE BANKS THAT HELPED DANSKE BANK ESTONIA LAUNDER RUSSIAN MONEY

    Sep 30, 2018

    Money laundering is a multi-bank phenomenon. Danske Bank Estonia has been revealed as the hub of a $234bn money laundering scheme involving Russian and Eastern European customers. But Danske Bank Estonia couldn’t do this by itself. Much of the money was paid in U.S. dollars, and for that, it n...


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    ARE CRYPTO'S HIGH TRADING VOLUMES A SCAM?

    Sep 28, 2018

    In their relatively short existence, cryptocurrencies have managed to rack up trading volumes that would be the envy of ordinary stocks. Consider that bitcoin, which was introduced to the world in 2009, has had trading volumes of between $3 billion to $6 billion per day in the last three months. The...

    GENERAL ELECTRIC
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    NVIDIA'S STOCK MAY RISE BY 9% SHORT-TERM

    Sep 28, 2018

    Nvidia Corp.’s (NVDA) stock may be ready to rise by about 9% in the coming weeks based on technical analysis. Nvidia stock has had another solid year, with the shares soaring by over 38% on strong revenue and earnings growth driven from its gaming and data center business. Analysts see the sha...

    NVIDIA CORP
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    GOOGLE PARTIALLY REVERSES CRYPTO ADS BAN

    Sep 26, 2018

    The prospect of regulation in cryptocurrency ecosystems around the world is making tech behemoths reconsider their bans on advertising for crypto-related products.  Alphabet Inc. subsidiary Google (GOOG), which had banned cryptocurrency ads from its platforms, partially lifted it this week. In ...

    ALPHABET INC
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    STARBUCKS STOCK RALLIES AS COFFEE PRICES PLUMMET

    Sep 26, 2018

    Starbucks Corporation (SBUX) shares rose more than 1.2% on Wednesday morning to key resistance levels. Lower coffee prices and higher selling prices have helped the stock rally higher over the past three months. Coffee futures fell below $100.00 per pound to multi-year lows earlier this month. At th...

    STARBUCKS CORPORATION
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    CHIP STOCKS FACE MORE DECLINES AS BILLINGS PLUNGE

    Sep 25, 2018

    Chip stocks have struggled in recent months and are trading nearly 6% below their 2018 highs as the broader market has posted new records. The worst may be far from over. Technical analysis suggests the chip stocks, as measured by the VanEck Vectors Semiconductor ETF (SMH), are poised to drop anothe...

    VANECK VECTORS SEMICONDUCTOR ETF
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    NETFLIX'S STOCK MAY RISE BY 10% AHEAD OF RESULTS

    Sep 25, 2018

    Netflix Inc.’s stock (NFLX) fell hard after the company reported less than stellar subscriber additions in July, causing shares to plunge by over 20% from its highs. But shares have rebounded by over 17% since the middle of August. Now technical analysis is suggesting the stock rises by as muc...

    NETFLIX
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    NIKE STOCK NEEDS TO HOLD KEY LEVELS AFTER EARNINGS

    Sep 24, 2018

    Nike, Inc. (NKE) the iconic retailer of athletic footwear and apparel and component of the Dow Jones Industrial Average is the first to report earnings for its latest quarter. This is for the quarter ended in August, not for the quarter that will end in September. The stock closed Friday, Sept. 21, ...

    NIKE, INC
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    XRP SURGES 30% ON RIPPLE PLANS; OTHER CRYPTO PRICES ALSO GAIN

    Sep 21, 2018

    XRP surged 30% on Friday on optimism that Ripple is likely to launch a service that would use the virtual coin “in the next month or so. Bitcoin traded 2.5% higher to $6,553.3 at 12:10AM ET (04:10 GMT) on the Bitifinex exchange. Ethereum surged 7% to $224.03 in the previous 24 hours. XRP spike...

    RIPPLE
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    /news-article.aspx?ID=54115411

    MACY'S STOCK SEEN FALLING INTO A BEAR MARKET

    Sep 21, 2018

    Macy's Inc.'s (M) stock has plunged by more than 16% since reporting quarterly results in August. Now shares may fall even further based on technical analysis, by as much as 9%, from its current price of about $35.15. Should that happen, the stock would enter a bear market, with the shares d...

    MACY'S INC
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    NEW YORK AG SLAMS CRYPTOCURRENCY EXCHANGES FOR NOT PROTECTING INVESTORS

    Sep 20, 2018

    The Wall Street Journal reports that the New York attorney general's office has some strong opinions when it comes to digital currency exchanges. The office issued a report this week which criticizes many (though not all) exchanges for lacking basic consumer protections. The report suggests that...

    WALL STREET JOURNAL
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    PAYPAL'S STOCK SEEN RISING 8% AMID STRONG GROWTH

    Sep 19, 2018

    PayPal Holdings Inc. (PYPL) has soared 20% this year even as the stock has swung wildly up and down along the way. Now, PayPal is poised to climb even higher, by about 8% by the middle of October based on bullish options bets. PayPal reports earnings during that period. Options traders were bullish ...

    PAYPAL HOLDINGS INC
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    CITIGROUP SEEN DROPPING 10% ON LOWER REVENUE FORECASTS

    Sep 19, 2018

    Citigroup Inc.'s (C) stock has fallen about 11% off its highs this year amid growing concerns about the outlook for America's biggest banks. That may be just the beginning. According to a technical analysis, the bank's shares may plunge an additional 10% from their current price of aroun...

    CITIGROUP INC
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    MCDONALD'S STOCK COULD BREAK DOWN IN COMING WEEKS

    Sep 18, 2018

    Dow component McDonald's Corporation (MCD) has struggled so far in 2018, falling more than 8% since the first trading day of January, in stark contrast to 2017's outstanding 41% return. The stock has had plenty of opportunities to attract committed buyers in recent weeks, with blue-chip indi...

    MCDONALD
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    TWITTER TO CRASH 30% AS COST GROWTH ACCELERATES: MOFFETTNATHANSON

    Sep 17, 2018

    Shares of social media company Twitter Inc. (TWTR) are down 4.5% on Monday morning following a downbeat report from one team of analysts on the Street who expect the stock to suffer as investors take into account growing costs necessary to ward off new competition and appease regulators. In a note t...

    TWITTER
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    MICRON STOCK MAY DROP FURTHER ON SLASHED FORECASTS

    Sep 17, 2018

    Shares of chipmaker Micron Technology Inc. (MU) have plunged 30% off their 2018 highs, giving heartburn to investors. But things may get even worse. Sentiment toward the stock is turning more bearish as analysts cut their estimates and price targets before the company reports earnings on Thursday. T...

    MICRON TECHNOLOGY INC
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    EQIBANK THE WORLD'S FIRST LICENSED AND REGULATED OFFSHORE BANK FOR NATIONAL CURRENCIES, CRYPTO AND DIGITAL ASSETS HAS LAUNCHED

    Sep 11, 2018

    Today marks the launch of EQI Bank , the world's first licenced and regulated bank for national currencies, crypto and digital assets. For the first time, customers can manage traditional and crypto assets within a single banking relationship, while accessing a comprehensive suite of services in...


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    MUCH MORE REMAINS TO BE DONE WITH EUROPEAN BANK REFORMS

    Sep 11, 2018

    A decade after Lehman Brothers declared bankruptcy, many problems of the European financial system remain unresolved.  Reforming banks and other financial institutions in Europe is pressing especially in light of current economic challenges in Turkey and Italy. According to Dr. Paola Subacchi, ...


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    HOW BANKS CAN PROTECT THEIR DATA FROM THE NEXT CYBERATTACK

    Sep 10, 2018

    Digitizing our monetary assets works great until it doesn’t. One danger that is perhaps less spoken about but still dangerous is the possibility that bad players can do great harm via that digitization. We all know about ransomware attacks, but what if an international terror group or an enemy...


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    FEDEX DECLINE COULD SIGNAL ECONOMIC SLOWDOWN

    Sep 10, 2018

    Packaging giant FedEx Corporation (FDX) has seen its shares drop 30 points in the past three weeks, and the stock has now lost nearly 8% since the first trading day of 2018. That's a startling turnaround for the perennial market leader, which posted double-digit percentage returns in 2016 and 20...


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    NETFLIX STOCK REBOUNDS FROM BEAR MARKET TERRITORY

    Sep 10, 2018

    Video streaming giant Netflix, Inc. (NFLX) offers internet content subscription services including movies and proprietary TV programming. The company also continues to offer its legacy movies service with DVDs delivered via mail. The stock closed last week at $348.68, up 81.6% year to date, but Netf...

    NETFLIX, INC
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    ALPHABET SEEN RISING BY 17% ON STRONG GROWTH

    Sep 10, 2018

    Alphabet Inc.'s (GOOGL) stock has fallen sharply since the end of August. The stock now finds itself almost 8% off its highs around $1,285 during the middle of July. But the parent of the search engine Google may be set to rebound by as much as 8% in the coming weeks, according to technical anal...

    ALPHABET INC
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    /news-article.aspx?ID=53905390

    U.S. BANKS ARE NOT REDUCING RISK EXPOSURES DESPITE GLOBAL CHALLENGES

    Sep 09, 2018

    This year, much attention has rightly been given to political, economic or trade tensions around the globe. In particular, challenges in Argentina, Brazil, China, Mexico, Turkey, and the U.K have dominated the news.  The June 2018 Country Exposure Lending Survey released late last week by the F...


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    ALLY BANK LAUNCHES NEW AD CAMPAIGN FOR 4TH NATIONAL ONLINE BANK DAY ENCOURAGING CONSUMERS TO EXPECT MORE FROM THEIR BANKS

    Sep 08, 2018

    Ally Bank, the banking subsidiary of Ally Financial Inc., is celebrating National Online Bank Day in a big way with the launch of a bold, new ad campaign. Designed to heighten consumers' awareness, it shows how some of the nation's largest banks have been short changing customers billions of...


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    MICRON, CHIP STOCKS AT RISK OF DETERIORATING INDUSTRY FUNDAMENTALS: MORGAN STANLEY

    Sep 07, 2018

    Shares of global chip makers took a tumble on Thursday following a warning from one large equipment company executive and a Wall Street firm citing rising pricing pressure and inventories in the red-hot market. In a "Sound Bites" audio call on Wednesday, Morgan Stanley analysts were bearis...

    MORGAN STANLEY
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    /news-article.aspx?ID=53855385

    PALO ALTO NETWORKS STOCK AT ALL-TIME HIGH AFTER BULLISH QUARTER

    Sep 07, 2018

    Shares of Palo Alto Networks, Inc. (PANW) rallied more than 13 points in Friday's pre-market session, lifting to an all-time high near $235 after the company reported earnings per share of $1.28 on $658.1 million in revenues, beating consensus estimates. Bullish first quarter guidance added to e...

    PALO ALTO NETWORKS, INC
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    /news-article.aspx?ID=53865386

    MICRON'S STOCK POISED TO FALL 9% SHORT TERM

    Sep 06, 2018

    Micron Technology Inc.'s (MU) stock has dropped by more than 20 percent from its May high of around $62.50. Now the stock appears poised to fall 9 percent further from its current price of around $50. The steep drops come ahead of fourth-quarter results on September 20. Options traders also see ...

    MICRON TECHNOLOGY INC
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    /news-article.aspx?ID=53815381

    THE US IS LOSING OUT TO THE REST OF THE WORLD ON BLOCKCHAIN, WARN CRYPTO FIGURES

    Sep 06, 2018

    America’s reluctance to regulate crypto is costing the country on startups and potentially the future of technology. That’s the view of two major names in the crypto space, Ripple CEO Brad Garlinghouse   whose company created cryptocurrency XRP and Michael Arrington, the founde...

    TECHCRUNCH
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    /news-article.aspx?ID=53825382

    AMAZON POPS THEN DROPS FROM TRILLION-DOLLAR VALUE

    Sep 05, 2018

    Amazon.com, Inc. (AMZN) followed Apple Inc. (AAPL) to be the second company to achieve a market capitalization of one trillion dollars, but only for a blip when the stock set its latest all-time intraday high of $2,050.50 on Tuesday, Sept. 4. Shares of Amazon ended Tuesday at $2,039.51, up 74.4% yea...

    AMAZON
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    /news-article.aspx?ID=53775377

    AMD STOCK, UP NEARLY 200% IN 2018, HAS MORE ROOM TO RUN: JEFFERIES

    Sep 05, 2018

    Shares of Advanced Micro Devices Inc. (AMD) are on a tear this year, with Tuesday's near 12% surge bringing the chip stock's year-to-date (YTD) return to 173%, far outpacing the S&P 500's 8.3% gain over the same period. This week, the semiconductor manufacturer is riding a wave of bu...

    ADVANCED MICRO DEVICES INC
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    /news-article.aspx?ID=53785378

    FORD'S STOCK MAY FALL TO LOWEST PRICE IN 6 YEARS

    Sep 04, 2018

    Ford Motor Co.'s (F) stock is already down by more than 24% in 2018, well below the S&P 500 gains of almost 9%. But shares of the automaker could be heading even lower, by as much as another 8% based on technical analysis, to its lowest price since August of 2012. That means Ford's stock...

    FORD MOTOR CO
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    /news-article.aspx?ID=53735373

    3 BIOTECH STOCKS AT LOW-RISK BUYING LEVELS

    Sep 04, 2018

    The SPDR S&P Biotech ETF (XBI) cleared 2015 resistance in the low $90s in the second quarter and has spent the summer months based on new support. It's now testing the breakout high for the second time and could take off in a strong uptrend, underpinning rallies all across this leadership gr...

    SAGE THERAPEUTICS, INC
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    /news-article.aspx?ID=53745374

    WORLD STOCKS SLIP FOR THIRD DAY AS TRADE, EMERGING MARKET WORRIES BITE

    Sep 03, 2018

    Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening sell-off across emerging market currencies. With U.S. markets closed for Labor Day, trading activity was generally subdued. European shares were la...

    REUTERS
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    /news-article.aspx?ID=53685368

    BANK OF AMERICA IS MAKING AN IMPORTANT CHANGE TO TRADING ON RETIREMENT ACCOUNTS

    Aug 31, 2018

    Bank of America is lifting a self-imposed ban on commission-based trading in customer retirement accounts. The move comes after the rollback of an Obama-era regulation on the brokerage industry that was designed to protect investors from conflicted investment advice. Customers with individual retire...

    BANK OF AMERICA
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    /news-article.aspx?ID=53645364

    EBAY'S SLUMPING STOCK MAY RISE 9%

    Aug 31, 2018

    eBay Inc. (EBAY) has had a tough 2018, with the stock down almost 8% this year and more than 24% off its highs. Now the stock is starting to trend higher, and the technical charts are suggesting the stock rises over the coming weeks, by roughly 9%. Some options traders are betting the stock rebounds...

    EBAY INC
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    /news-article.aspx?ID=53655365

    TRADE WORRIES DRAG ON WALL STREET; TECH STOCKS KEEP NASDAQ AFLOAT

    Aug 30, 2018

    The S&P 500 and the Dow Jones Industrial Average slipped on Thursday, after four sessions of gains, over concerns about the U.S.-China trade war, but gains in technology stocks helped lift the Nasdaq. Washington has proposed slapping tariffs on a further $200 billion worth of Chinese goods, whic...

    WALL STREET
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    /news-article.aspx?ID=53575357

    QUALCOMM'S STOCK MAY DROP 11% AFTER RECENT RISE

    Aug 30, 2018

    Qualcomm Inc.'s (QCOM) stock has rocketed higher, with the shares of the chipmaker rising by more than 40% since the end of April. But now, the technical chart is suggesting the stock gives back a part of its recent gains and falls by roughly 11% from its current price of approximately $69.75. I...

    QUALCOMM INC
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    /news-article.aspx?ID=53585358

    NEW PARTNERSHIPS WILL SEE THOUSANDS OF NEW AFFORDABLE HOMES BUILT IN LONDON

    Aug 30, 2018

    New strategic partnerships in London will lead to thousands of more affordable homes being built in the capital, the Mayor has announced. Sadiq Khan has confirmed A2Dominion and Catalyst as new strategic partners with City Hall and a total of £288 million to deliver almost 5,000 additional new...

    PROPERTYWIRE
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    /news-article.aspx?ID=53595359

    AMAZON STOCK HITS $2,000 FOR THE FIRST TIME

    Aug 30, 2018

    Amazon appears to be having an amazing year. Shares crossed the $2,000 level on Thursday for the first time, this as the shares, which have gained over 70 percent this year, sit at a record high. The online retailer got a push one day after analysts at Morgan Stanley dramatically hiked their price t...

    AMAZON
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    TWO THINGS TO KNOW ABOUT THE CRYPTO INDUSTRY'S FIRST SRO

    Aug 29, 2018

    In 2013, the Winklevoss twins, among the earliest investors in bitcoin, filed an application with the SEC for a bitcoin ETF. The federal agency rejected their application. The brothers have filed multiple proposals since then but have been rejected each time. In their latest bid to convince the SEC,...

    VIRTUAL COMMODITIES AGENCY
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    DOLLAR GAINS VERSUS MOST CURRENCIES AS TRADE DEAL OPTIMISM FADES

    Aug 29, 2018

    The dollar rose against most currencies on Wednesday especially those in emerging markets, as optimism over a U.S.-Mexico trade deal gave way to concern that a conflict over trade between Washington and Beijing was not about to end soon. The deadline for public comment on U.S. President Donald Trump...

    REUTERS
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    WALMART STOCK SEEN RISING 10% OVER SHORT TERM

    Aug 28, 2018

    Walmart Inc.'s (WMT) stock has been in rally mode since the end of June with shares rising by more than 10%. Now shares may climb even higher. Some options traders are betting shares will rise by as much as 10% over the next few months. Investors turned bullish on the retailer after it posted ro...

    WALMART INC
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    WALL STREET FLAT AFTER U.S.-MEXICO TRADE DEAL HIGH

    Aug 28, 2018

    U.S. stocks trod water on Tuesday, with the benchmark S&P 500 and the Nasdaq hovering at all-time highs, a day after the United States and Mexico reached an agreement to overhaul the North America Free Trade Agreement (NAFTA). The two countries agreed on Monday to overhaul the existing trade agr...

    WALL STREET
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    INTERACTIVE BROKERS RELEASES FULL-FEATURED DEBIT CARD

    Aug 27, 2018

    Interactive Brokers has introduced a branded debit card that allows clients to draw cash from trading accounts for purchases and ATM withdrawals. The card is issued through Metropolitan Commercial Bank and a MasterCard license, but the broker is underwriting all interest and borrowing. Interactive o...

    METROPOLITAN COMMERCIAL BANK
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    BRISTOL-MYER STOCK MAY JUMP 9% ON RISING FORECASTS

    Aug 27, 2018

    Bristol's stock had a technical breakout in the middle of August after the price rose above $59.90. Additionally, shares have been trending higher since bottoming in mid-May. Now shares look poised to rise to roughly $65.50 from its current price of $59.95, an increase of more than 9%. If there ...

    BRISTOL-MYER
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    STOCKS - NETFLIX JUMPS AGAIN MIDDAY CANNABIS STOCKS POP

    Aug 24, 2018

    Netflix was climbing again in midday trading, on a course for a double-digit percentage gain for the week, while cannabis companies enjoyed another strong day. Netflix (NASDAQ:NFLX) stock rose about 3.5% at 11:45 AM ET (15:45 GMT), helped by an analyst upgrade. Shares of the streaming and content co...

    NETFLIX
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    GAINS IN TECHNOLOGY, MATERIALS COMPANIES HELP LIFT US STOCKS

    Aug 24, 2018

    U.S. stocks moved broadly higher in afternoon trading Friday, steering the benchmark S&P 500 index toward an all-time high. Technology companies accounted for much of the market's climb. Materials and energy stocks also posted solid gains. The rally followed remarks earlier in the day by Fed...

    FOXBUSINESS
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    TWITTER'S STOCK MAY REBOUND 9% OVER THE SHORT TERM

    Aug 23, 2018

    Twitter Inc.'s stock has fallen by more than 27% from its highs at the beginning of July. Shares dropped after the company reported monthly active users fell in the second quarter while providing disappointing forward quarterly guidance. Shares of the Jack Dorsey-led social media company may be ...

    TWITTER INC
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    U.S. BANKING PROFITS HIT RECORD $60 BILLION IN SECOND QUARTER: FDIC

    Aug 23, 2018

    The U.S. banking sector reported a record $60.2 billion in profits in the second quarter, up 25.1 percent from the same period one year ago. The Federal Deposit Insurance Corporation reported on Thursday that a little more than half of those gains resulted from a lower effective tax rate. The other ...

    FEDERAL DEPOSIT INSURANCE CORPORATION
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    MERCK STOCK COULD RISE 30% IN COMING MONTHS

    Aug 22, 2018

    Merck & Co., Inc. is challenging Apple Inc. Nike, Inc.the top slot in Dow component performance after years of sub-par returns. This awakening bodes well for strong upside into the next decade, even though the pharmaceutical giant faces a final hurdle at the November 2000 high before joining meg...

    MERCK & CO.INC
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    JP MORGAN SAYS GLOBAL STOCK MARKETS ARE DOING SOMETHING THEY'VE NEVER DONE BEFORE

    Aug 22, 2018

    J.P. Morgan is telling its clients that the strange uncorrelated relative performances between U.S. and international stocks will not last. As a result, the firm predicts international stocks will outperform the domestic market the rest of the year. The recent divergence in the performance of US Equ...

    J.P. MORGAN
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    QUALCOMM'S STOCK MAY RISE 8% ON IMPROVING PROFITS

    Aug 21, 2018

    Qualcomm Inc.'s stock is up 3% so far in 2018, trailing the S&P 500 rise of 7%. At least some options traders are betting Qualcomm will rise by as much as 8% by the middle of October. Shares of the chipmaker have been rising since the end of April, jumping by 30% from their lows. Analysts ar...

    QUALCOMM INC
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    CRYPTOCURRENCY FRAUD COST UK INVESTORS £2 MILLION THIS SUMMER

    Aug 21, 2018

    Cryptocurrency fraud cost UK investors £2 million in June and July of this year, according to Action Fraud, the government’s fraud and crime reporting center. The center received 203 reports of cryptocurrency fraud during that period, amounting to an average of £10,095 per person. ...

    INVESTOPEDIA
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    CELGENE'S STOCK MAY SEE MORE BIG GAINS AHEAD

    Aug 20, 2018

    Celgene Corp's stock was hammered over the past year, with shares down by more than 35% from its highs. But now, sentiment among investors and analysts are starting to turn more bullish. Analysts have begun raising their earnings and revenue forecasts, as investors have started lifting the stock...

    CELGENE CORP
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    3 ETFS WITH A LARGE ALLOCATION TO WALMART STOCK

    Aug 20, 2018

    When investors think of a multinational e-commercecompany, Amazon.com, Inc. is the name that generally first comes to mind. The company, which initially opened as an online bookstore, has been at the forefront of online commerce for the better part of two decades. Therefore, traditional brick-and-mo...

    WALMART
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    /news-article.aspx?ID=53245324

    PAYPAL TRADERS BET STOCK WILL JUMP 7% IN ONE MONTH

    Aug 17, 2018

    Some options traders are betting shares of PayPal, Inc. rise by over 7% over the next few weeks. The stock is already up well over 16% in 2018, better than the S&P 500's rise of just 6%. Analysts see the payment processor’s stock rising too, by as much as 13% in the coming months. ...

    PAYPAL, INC
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    RIPPLE CLIMBS 10.03% IN RALLY

    Aug 17, 2018

    Ripple was trading at $0.31699 by 09:16 (13:16 GMT) on the Investing.com Index on Friday, up 10.03% on the day. It was the largest one-day percentage gain since April 20. The move upwards pushed Ripple's market cap up to $12.52B, or 5.84% of the total cryptocurrency market cap. At its highest, R...

    RIPPLE
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    /news-article.aspx?ID=53205320

    5 STOCKS SEEN PLUNGING AS METAL PRICES MELT

    Aug 16, 2018

    Metal and mining stocks have plunged in recent weeks as the prices of commodities sink in the face of a strengthening U.S. dollar, as measured by the SPDR S&P Metals and Mining ETF Since the start of June, the ETF has dropped by more than 17%, and some stocks within that ETF have had even steepe...

    SPDR S&P METALS
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    /news-article.aspx?ID=53165316

    US INVESTOR FILES LAWSUIT AGAINST AT&T OVER CRYPTOCURRENCY THEFT

    Aug 15, 2018

    A U.S.-based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T. Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence.

    AT&T
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    CRYPTOCURRENCIES TANK AS PANIC STARTS TO SET IN

    Aug 14, 2018

    As concerns rise that entrepreneurs are cashing out their initial coin offerings and that some digital tokens including Bitcoin may have become overvalued, nearly all of the largest cryptocurrencies fell. In Monday trading Bitcoin declined 6.2% at one point, hitting $5,887, its lowest level since Ju...

    COINMARKETCAP
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    GOLDMAN LAYS OUT A SCENARIO THAT COULD SEE THE STOCK MARKET SURGE

    Aug 13, 2018

    Goldman Sachs predicts the markets will not move much into year-end, but some of the firm's clients are saying the S&P 500 could rally sharply higher. The firm said the second-quarter corporate earnings season was "stellar," with 25 percent year-over-year earnings per share growth ...

    GOLDMAN SACHS
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    US STOCKS TURN LOWER AS BANKS, ENERGY COMPANIES SLIDE

    Aug 13, 2018

    Stocks gave up an early gain and moved lower in midday trading Monday as banks, energy, and industrial companies slid. Asian markets fell overnight, while European markets were slightly lower. U.S. indexes are coming off their worst losses in a month as investors worried about the financial upheaval...

    NASDAQ
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    AMAZON'S STOCK MAY RISE 11% AS EARNINGS QUADRUPLE

    Aug 13, 2018

    Amazon.com Inc.’s stock price has taken off as if it were one of Jeff Bezos’ Blue Origin rockets, rising more than three-fold over the past three years. As if analysts weren't already bullish enough, now they are looking for shares to rise even higher, by as much as 11%, from its cur...

    AMAZON
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    AMAZON'S STOCK MAY RISE 11% AS EARNINGS QUADRUPLE

    Aug 13, 2018

    Amazon.com Inc.’s stock price has taken off as if it were one of Jeff Bezos’ Blue Origin rockets, rising more than three-fold over the past three years. As if analysts weren't already bullish enough, now they are looking for shares to rise even higher, by as much as 11%, from its cur...

    AMAZON
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    BROADCOM STOCK MAY FALL 8% AMID ANEMIC GROWTH

    Aug 09, 2018

    Broadcom Inc. shares have fallen hard since announcing it would buy CA Inc. for nearly $19 billion in July, with the stock dropping by 13.5%. But the worst may not be over for Broadcom, with shares poised to fall by another 8%, based on technical analysis, from its current price around $217. Should ...

    BROADCOM INC
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    GROWTH STOCKS REBOUND AFTER BIG SELL-OFF AGAINST VALUE SHARES, COULD SIGNAL MORE GAINS FOR BROADER MARKET

    Aug 09, 2018

    Growth stocks have rebounded nicely after a steep three-day decline relative to value shares and this could lead to more gains in the broader stock market, according to data from Bespoke Investment Group. The S&P 500 Growth index is up 2.96 percent since July 31 through Wednesday's close, co...

    BESPOKE INVESTMENT GROUP
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    BERKSHIRE HATHAWAY BREAKS OUT, LEADING US STOCKS HIGHER

    Aug 08, 2018

    Life isn't just about gossip concerning Tesla, Inc. and Apple Inc. at a trillion. There is plenty of "less sexy" market behavior to be paying attention to right now that should have serious implications for the overall market. While boring to some, we have a huge amount of respect for ...

    BERKSHIRE HATHAWAY INC
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    DISNEY, AMGEN BENEFIT FROM SHIFT TO VALUE STOCKS

    Aug 08, 2018

    A change is coming to the stock market in which investors are beginning to favor value stocks over growth ones as the economy enters the late stages of its growth cycle. That could bode well for the likes of Walt Disney Co.and Amgen Inc. two companies that fall squarely in the value camp. According ...

    DISNEY CO
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    ELECTRONIC ARTS TRADERS BET STOCK WILL REBOUND 12%

    Aug 07, 2018

    Since the middle of July, shares of the video game maker Electronic Arts Inc. have been trampled, with the stock falling by nearly 14%. But some options traders are betting its shares will be rebound by more than 12%, recouping the majority of the losses by the start of early next year. The company ...

    ELECTRONIC ARTS INC
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    INTEL SHARES FALL AFTER BARCLAYS DOWNGRADES CHIPMAKER DUE TO RISING AMD COMPETITION

    Aug 06, 2018

    Intel's technology leadership in the semiconductor industry is growing more uncertain, according to Barclays. The firm lowered its rating to equal weight from overweight for Intel shares, saying the chipmaker needs to prove that its next generation of chips will perform better than AMD's off...

    INTEL
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    'PUMP AND DUMP' HITS CRYPTOCURRENCY MARKET

    Aug 06, 2018

    Pump-and-dump schemes have been around for years, with scammers making a fortune while victims are left with nothing. The cryptocurrency marketplace isn’t immune. A new analysis by theWall Street Journal found trading groups manipulated the price of digital tokens to the tune of $825 million i...

    WALL STREET JOURNAL
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    CISCO STOCK MAY PLUNGE DESPITE BULLISH FORECASTS

    Aug 06, 2018

    Cisco Systems Inc. bulls are forecasting major stock gains but they may stumble badly. Analysts are forecasting the networking company's stock will increase by more than 13%., but that optimism may prove unfounded for a company that's struggling to grow earnings. Cisco's stock has risen ...

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    NASDAQ COULD PLUNGE 15% OR MORE AS ‘ROLLING BEAR MARKET’ BEGINS CLAIMING VICTIMS, MORGAN STANLEY WARNS

    Aug 03, 2018

    Morgan Stanley's Michael Wilson believes the stock market is entering a destructive phase. "The Nasdaq could correct by 15 percent plus, the S&P 500 probably goes down about 10 percent," the firm's chief U.S. equity strategist said Thursday. His comments came on CNBC's &quo...

    NASDAQ
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    A SUMMER STOCK SELL-OFF IS A ‘RISK TOO BIG TO IGNORE,’ RESEARCHERS WARN

    Aug 03, 2018

    Supercharged U.S. economic growth is distracting too many investors from the real dangers of a trade war to equity markets, a research firm said in a report this week, warning of a potential sell-off in stocks as early as this summer. "Markets are far too complacent about trade war risks,"...

    CNBC
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    AT&T STOCK COULD SELL OFF INTO MID-$20S

    Aug 02, 2018

    AT&T Inc. shares are trading sharply lower on Friday morning after the U.S. Justice Department said that it would appeal the telecom giant's recently completed merger with Time Warner Inc. The news stunned legal experts, who believe that the June ruling is fact-based, airtight and unlikely t...

    AT&T INC
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    APPLE STOCK BUYBACK TOPS $20B IN SECOND QUARTER

    Aug 02, 2018

    Apple Inc. has been in buy-back mode ever since President Donald Trump signed his tax bill into law. But the size of the Cupertino, California-based company’s share repurchase program is massive, with estimates put the buy-back at $21 in the second quarter alone. That’s according to an a...

    APPLE INC
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    FORGET FAANGS, THESE COS. RAISED DIVIDENDS BY 10%

    Aug 01, 2018

    Much has been made about the mixed messages coming out of the FAANG stocks Facebook Inc.  Amazon.com Inc.  Apple Inc. Netflix Inc. and Alphabet’s  Google with pundits predicting a slowdown in growth for some of these heavy hitters. But there is a big world outside of tech stocks...

    FACEBOOK INC
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    STOCKS TO BUY IF THE TECH SECTOR MELTS DOWN

    Aug 01, 2018

    Many big technology stocks have been in a tailspin recently and that poses a large threat to the market as a whole, given that the technology sector represents roughly 25% of the value of the S&P 500 Index (SPX). Larry McDonald, the editor of the Bear Traps Report, advises investors to take cove...

    AMAZON
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    THE BULLISH CASE FOR TECH STOCKS: GOLDMAN

    Jul 31, 2018

    While many investors have sold tech stocks on concerns about the sector's outlook, Goldman Sachs has undiminished enthusiasm for investing in these companies. "Investors should continue to reward secular growth as the U.S. economy slowly decelerates from its current 4% pace toward trend. Al...

    GOLDMAN SACHS
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    STOCKS - REAL ESTATE STOCKS JUMP IN MIDDAY TRADING

    Jul 31, 2018

    Real estate stocks surged in midday trading in the wake of solid quarterly results and a drop in interest rates. The S&P Real Estate sector index rose 2% at 11:35 AM ET (15:35 GMT). American Tower (NYSE:AMT) was among the biggest gainers of the index components, rising about 4.7%. The company re...

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    WALL STREET DROPS AS TECH STOCKS SLIDE

    Jul 30, 2018

    U.S. stocks dropped on Monday as marquee technology companies continued to slide on growth concerns, with losses being curbed by a rise in energy firms on higher oil prices and in financials ahead of the Federal Reserve meeting. The technology index has been under pressure after underwhelming foreca...

    WALL STREET
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    EXPEDIA SHARES RALLY AFTER BIG EARNINGS BEAT

    Jul 27, 2018

    Expedia Group shares jumped on Friday after the travel website operator reported a quarterly profit well above estimates. The company reported a second-quarter profit of $1.38 per share on Thursday, beating the 89 cent consensus estimate by Thomson Reuters. Revenue for the second quarter, meanwhile,...

    EXPEDIA GROUP
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    FACEBOOK PLUNGE: SOME SAY THE STOCK WILL BE JUST FINE

    Jul 27, 2018

    Facebook's post-earnings bloodbath amounted to the biggest one-day loss of market value by a single company in U.S. stock market history. But some on Wall Street say shares of the social media network will easily recover. The stock tanked nearly 19 percent on Thursday, going negative for the yea...

    FACEBOOK
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    S&P 500 DROPS 1% AS INTEL AND TWITTER LEAD TECH ROLLOVER

    Jul 27, 2018

    Stocks fell on Friday as poor earnings from Intel and Twitter trumped a strong growth reading for the economy. The S&P 500 fell 1 percent with tech dropping more than 2 percent. The Nasdaq Composite dropped 1.7 percent and was on pace for its worst daily performance since June 25. The Dow Jones ...

    TWITTER
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    COCA-COLA SEEN FALLING 14% DESPITE STRONG RESULTS

    Jul 26, 2018

    Coca-Cola Co. shares have soared by nearly 12% since the middle of May, easily surpassing the rise in the S&P 500 of just 4%. But the ride over the past year has not been nearly as smooth, with the stock only rising by about 3%. Some options traders are betting that the recent rally will soon fi...

    COCA-COLA CO
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    /news-article.aspx?ID=52595259

    TECH STOCKS FALL WITH FACEBOOK ON TRACK FOR BIGGEST DROP EVER

    Jul 26, 2018

    The tech-heavy Nasdaq fell sharply on Thursday after disappointing quarterly results from Facebook sent the social media giant hurtling toward its biggest share price decline ever and on track to lose more than $100 billion in market value. The Invesco QQQ Trust, which tracks the Nasdaq 100 index an...

    FACEBOOK
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    /news-article.aspx?ID=52605260

    STOCKS - AT&T TAKES TELECOMS DOWN MIDDAY

    Jul 25, 2018

    Telecom stocks took a tumble in midday trading Wednesday as concerns about AT&T’s results hit the stock hard. AT&T (NYSE:T) fell 4.5% as of 11:55 AM ET (15:55 GMT) on revenue numbers for its latest quarter. The company reported earnings after the bell Tuesday. None of their businesses ...

    AT&T
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    /news-article.aspx?ID=52545254

    GOLDMAN SACHS NAMES 3 FAVORITE E-COMMERCE STOCKS

    Jul 25, 2018

    Tech stocks may be sporting lofty valuations but that isn’t stopping Goldman Sachs from pounding the table on three of them: Alphabet Inc. Amazon.com Inc. and PayPal Inc. In a research report covered by TheStreet.com, Goldman Sachs analyst Heath Terry pointed to the three tech powerhouses as a...

    GOLDMAN SACHS
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    AK STEEL STOCK BREAKS OUT FROM KEY RESISTANCE

    Jul 24, 2018

    AK Steel Holding Corporation shares broke out from key resistance levels during Tuesday's session following bullish earnings reports from Steel Dynamics, Inc. and Allegheny Technologies Incorporated  In addition to these reports, Nucor Corporation was upgraded by KeyBanc analysts, and Goldm...

    AK STEEL HOLDING CORPORATION
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    INTEL TRADERS BET STOCK WILL JUMP 7%

    Jul 24, 2018

    Intel Corp.'s stock remains nearly 8% off its high in June, when news of CEO Brian Krzanich's resignation sent the chipmaker's stock plunging. That news overshadowed the company's updated second-quarter guidance, which indicated that earnings would climb by 37.5% and revenue would cl...

    INTEL CORP
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    /news-article.aspx?ID=52515251

    QUALCOMM STOCK SEEN FALLING 16% AS PROFITS PLUNGE

    Jul 23, 2018

    Qualcomm Inc.'s stock has fallen by nearly 9% thus far in 2018 but worse, shares remain over 15% off their January highs. Options traders are betting shares of Qualcomm will fall by about 16% by the middle of October as the odds increase that the company is unable to close its deal for NXP Semic...

    QUALCOMM
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    /news-article.aspx?ID=52465246

    WALL STREET RISES AS FINANCIALS GAIN, TECH REBOUNDS

    Jul 23, 2018

    U.S. stocks rose on Monday as a jump in 10-year bond yields to a month's high boosted financials and technology stocks rebounded, with investors waiting for earnings from marquee corporations to assess the impact of an escalating U.S.-China trade row. The financial sector (SPSY) rose 1.42 percen...

    WALL STREET
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    /news-article.aspx?ID=52475247

    APPLE STOCK SEEN RISING 10% ON NEW IPHONE LAUNCH

    Jul 20, 2018

    Options traders are betting Apple Inc.  the stock will rise by about 10% by September 21 from its current price around $192. Options expiration should come after Apple's keynote event unveiling its new iPhone lineup. Last year’s event was on September 12. Apple is having a very good 2...

    APPLE
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    /news-article.aspx?ID=52425242

    STOCKS - INDUSTRIALS ACTIVE AS GE, CATERPILLAR SINK, HONEYWELL CLIMBS

    Jul 20, 2018

    Industrials stocks were caught in a tug-of-war in active trading Friday as investors digested President Donald Trump’s latest threats on trade with China and big-name earnings. The S&P Industrial Sector index was up about 0.15% in early-afternoon trading. General Electric (NYSE:GE) was amo...

    HONEYWELL
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    /news-article.aspx?ID=52435243

    8 STOCKS FOR THE CYBERSECURITY BOOM: GOLDMAN

    Jul 19, 2018

    With midterm elections coming up in November, cybersecurity issues will be front and center, more good news for a sector that has already been handily outperforming the market this year. Cybersecurity stocks are up 24% on the year, about five times the gain of the S&P 500, as indicated by the IS...

    GOLDMAN SACHS
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    /news-article.aspx?ID=52385238

    SHARES OF EBAY HEAD FOR WORST DAY IN NEARLY TWO YEARS AFTER WEAK GROWTH, LOWERED REVENUE FORECAST

    Jul 19, 2018

    Shares of eBay fell nearly 8 percent in trading Thursday after the company reported sluggish growth in its marketplace business and lowered its revenue forecast for the rest of the year. This would be the worst single day of trading for eBay's stock in nearly two years if the drop holds until th...

    EBAY
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    /news-article.aspx?ID=52395239

    BERKSHIRE HATHAWAY SHARES JUMP AFTER WARREN BUFFETT LOOSENS POLICY ON STOCK BUYBACKS

    Jul 18, 2018

    Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate's cash. The new policy approved by Berkshire's board lets Buffett and Vice Chairman Charlie Munger...

    BERKSHIRE HATHAWAY INC
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    /news-article.aspx?ID=52345234

    E*TRADE MAKING BIG BET ON ETFS AS DEMAND EXPLODES

    Jul 18, 2018

    Exchange-traded funds (ETFs) are exploding in popularity, particularly among younger investors. E*TRADE, the New York-based online brokerage, wants to capitalize on that growth and is pulling out all the stops to ensure that it is a formidable player in offering low-cost access to ETFs. In June, E*T...

    E*TRADE
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    /news-article.aspx?ID=52355235

    STOCKS FLAT AS SHARP DROP IN NETFLIX OUTWEIGHS STRONG JOHNSON & JOHNSON EARNINGS

    Jul 17, 2018

    Stocks chopped around the flatline on Tuesday as a drop in Netflix one of the momentum leaders in the market offset solid strong earnings from Johnson & Johnson. The Dow Jones Industrial Average traded 21 points lower, with UnitedHealth lagging and Johnson & Johnson outperforming. The S&...

    JOHNSON & JOHNSON
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    /news-article.aspx?ID=52305230

    STARBUCKS STOCK COULD REWARD AGGRESSIVE SHORT SALES

    Jul 17, 2018

    Starbucks Corporation shares broke long-term support in June after the company lowered 2018 guidance in response to weaker-than-expected same-store sales. Some analysts blamed the shortfall on May's racial incident in Philadelphia, while others wondered if intense competition is finally taking i...

    STARBUCKS CORPORATION
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    /news-article.aspx?ID=52315231

    STOCKS ENERGY STOCKS FALL AS OIL PRICES SINK BELOW $70

    Jul 16, 2018

    Energy stocks were the biggest drag on the U.S. market Monday as oil prices tumbled on expectations Iran supply disruptions may be averted. Crude oil futures fell about 4.5% as of 2:00 PM ET (18:00 GMT) and were near the lows of the day. ExxonMobil (NYSE:XOM) stock dropped about 1.2%, Chevron(NYSE:C...

    EXXONMOBIL
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    /news-article.aspx?ID=52265226

    GM STOCK SEEN FALLING DESPITE BULLS' RAISED TARGETS

    Jul 16, 2018

    The bulls in shares of General Motors Co. may be in for a shock as the stock fails to live up to lofty expectations. The average analyst's price target on GM is nearly 27% higher than the current stock price of around $39.50. The bullish price objective comes in the face of a weak technical char...

    GENERAL MOTORS CO
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    /news-article.aspx?ID=52275227

    JP MORGAN POSTS RECORD SECOND-QUARTER PROFIT ON UNEXPECTED JUMP IN TRADING REVENUE

    Jul 13, 2018

    J.P. Morgan Chase, the biggest U.S. lender by assets, posted record second-quarter profit of $8.32 billion, exceeding estimates as it posted stronger-than-expected trading results. Profit surged 18 percent, clobbering analyst estimates for a 9.4 percent increase. Earnings per share were $2.29 in the...

    JP MORGAN
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    /news-article.aspx?ID=52225222

    WELLS FARGO SHARES FALL AFTER WEAK SECOND QUARTER SHOWS ITS FAKE ACCOUNT SCANDAL STILL TAKING A TOLL

    Jul 13, 2018

    Wells Fargo reported lower revenue and profit for the second-quarter, falling short of expectations as it tries to move on from its regulatory issues. The bank said Friday that earnings per share were 98 cents on a GAAP basis, including a 10 cent per share tax expense. Not counting that expense, EPS...

    WELLS FARGO
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    /news-article.aspx?ID=52235223

    WALL STREET REBOUNDS AS TECHNOLOGY, INDUSTRIAL STOCKS RISE

    Jul 12, 2018

    Technology and industrial stocks led Wall Street higher on Thursday as some big deals and optimism about the earnings season helped offset fears about a U.S-China trade war. CA Inc (NASDAQ:CA) jumped 18.1 percent, the most on the benchmark S&P 500 index, after chipmaker Broadcom (NASDAQ:AVGO) an...

    WALL STREET
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    /news-article.aspx?ID=52185218

    ENERGY STOCKS COULD ENTER BEAR MARKET

    Jul 12, 2018

    The WTI crude oil futures contract fell more than 5% before bouncing into Wednesday afternoon's North American session, posting the biggest one-day decline in 13 months. The reversal has unfolded at long-term Fibonacci and pattern resistance, possibly signaling a multi-year top. If so, a slow an...

    INVESTOPEDIA
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    /news-article.aspx?ID=52195219

    TWITTER SHARES TO DROP NEARLY 30% BECAUSE EXPECTATIONS ARE TOO HIGH: NOMURA INSTINET

    Jul 11, 2018

    Twitter’s stunning rally this year is due for a big pullback, according to Nomura Instinet. The firm initiated coverage on the social media company’s shares with a reduce rating, predicting it will report earnings below expectations next year. Twitter shares are down 2 percent Wednesday....

    TWITTER
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    /news-article.aspx?ID=52145214

    WALL STREET DROPS ON ESCALATING U.S.-CHINA TRADE WAR

    Jul 11, 2018

    U.S. stocks slid on Wednesday, led by industrial shares after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods raised fears of an escalating trade war. U.S. officials on Tuesday issued a list of thousands of Chinese imports that the Trump administration ...

    WALL STREET
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    /news-article.aspx?ID=52155215

    PEPSI, OIL DRIVE S&P 500 TO FOUR-MONTH HIGH

    Jul 10, 2018

    U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, as energy companies got a lift from firming oil prices and strong results from PepsiCo (NASDAQ:PEP) signaled a flying start to the second-quarter earnings season. PepsiCo's shares surged 3.7 percent and were poised for ...

    PEPSICO
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    /news-article.aspx?ID=52105210

    CRYPTO SCAMS: US TEXAS SECURITIES REGULATOR ISSUED 9 ORDERS BY END-JUNE

    Jul 10, 2018

    The Texas Securities Board (TBS) said that it has issued administrative orders for nine alleged cryptocurrency fraudulent offers in the first half of 2018, a mid-year review published on July 9 revealed. Social media campaigns and online commercials have been the most common practices for misleading...

    TEXAS SECURITIES BOARD
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    /news-article.aspx?ID=52115211

    US STOCKS FACE GRIM DECADE OF LOW RETURNS: MORNINGSTAR

    Jul 09, 2018

    The good times for U.S. equities may be about to stop rolling. After outperforming much of the rest of global markets over the past decade and continually hitting new record highs, U.S. stocks are likely to become the international laggards over the coming decade, as per the opinions of strategists ...

    MARKETWATCH
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    /news-article.aspx?ID=52065206

    BANK, INDUSTRIAL STOCKS LIFT WALL STREET AS INVESTORS AWAIT STRONG QUARTER

    Jul 09, 2018

    U.S. stocks rose on Monday, with banking and industrial shares driving the third day of gains on Wall Street as investors looked ahead to a strong quarterly earnings season, setting aside trade concerns.
    Bank stocks were the biggest gainers, with the S&P banks index rising 2.2 percent, on...

    WALL STREET
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    /news-article.aspx?ID=52075207

    STOCKS, EURO SURVIVE FIRST BATTLE OF U.S.-CHINA TRADE WAR

    Jul 06, 2018

    Stocks rose and the euro climbed to a three-week peak as the imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday, though concerns about the conflict escalating capped appetite for risk. World stocks rose 0.2 percent to their h...

    REUTERS
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    /news-article.aspx?ID=52035203

    FOREX - DOLLAR SLIPS AS TRADE TARIFF DEADLINE NEARS

    Jul 05, 2018

    The dollar edged lower against a basket of the other major currencies on Thursday, a day before the U.S. and China were to hit each other with import tariffs, escalating a trade spat that many investors fear will hurt global growth. The U.S. dollar index, which measures the greenback’s strengt...

    FEDERAL RESERVE BANK
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    /news-article.aspx?ID=51985198

    DOW RISES MORE THAN 100 POINTS, GM SHARES JUMP

    Jul 05, 2018

    Stocks opened higher on Thursday as the Trump administration is reportedly hinting at concessions on tariffs against European cars. The Dow Jones Industrial Average rose 178 points, with Walgreens Boots Alliance outperforming. The S&P 500 gained 0.6 percent as tech shares rose 0.8 percent. The N...

    GENERAL MOTORS
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    /news-article.aspx?ID=51995199

    6 BIG BANK STOCKS MAY FACE MORE PAIN AHEAD

    Jul 05, 2018

    Many big investors proclaimed that bank stocks would be market leaders in 2018, fueled by deregulation, rising interest rates and increasing returns of capital to shareholders via buybacks and dividend increases. Instead, shares of the 6 largest U.S. banks are all down significantly so far this year...

    BANK OF AMERICA CORP
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    /news-article.aspx?ID=52015201

    GLOBAL STOCKS TREAD WATER ON TRADE WORRIES, YUAN STEADIES

    Jul 04, 2018

    World stocks treaded water on Wednesday amid growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China's central bank acted to calm investors. The MSCI All-Country World index, which tracks shares in 47 countries, was...

    REUTERS
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    /news-article.aspx?ID=51945194

    EBAY'S STOCK SEEN REBOUNDING 8% AFTER SHARP DECLINE

    Jul 03, 2018

    Shares of eBay Inc. have slumped by nearly 20% from their highs of late January, including a big hit in mid-April after guiding the second-quarter outlook below expectations. Now, options traders are betting the e-commerce company's stock is poised for a rebound and see it rising over 8% by the ...

    EBAY
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    /news-article.aspx?ID=51955195

    BANK OF AMERICA STOCK COULD ENTER STEEP DECLINE

    Jul 03, 2018

     Commercial banks have acted poorly so far in 2018, buffeted by the twin headwinds of rising interest rates and worldwide trade tensions. The group topped out in January and failed multiple breakout attempts through the end of the second quarter, despite pockets of strength in other cyclical se...

    BANK OF AMERICA
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    /news-article.aspx?ID=51905190

    COSTCO TRADERS BET STOCK WILL RISE 9% SHORT TERM

    Jul 03, 2018

    Shares of Costco Wholesale Corporation have climbed by nearly 30% over the past year, easily beating the S&P 500's rise of about 10%. Options traders are betting the stock rises another 9% by the middle of September. The technical chart also suggests that Costco shares may rise in the coming...

    COSTCO WHOLESALE CORPORATION
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    /news-article.aspx?ID=51915191

    UNION SQUARE VENTURES IS INVESTING IN CRYPTO FOR THE LONG HAUL, BUT WON’T START A DEDICATED FUND

    Jul 02, 2018

    Union Square Ventures has big plans to profit on a potential trillion-dollar business in blockchain and crypto in 10 years. But those plans won’t include starting a separate fund, according to a top executive. “We're not planning to do it,” Albert Wenger, managing partner at Un...

    UNION SQUARE VENTURES
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    /news-article.aspx?ID=51865186

    STOCKS - U.S. FUTURES POINT TO TRIPLE-DIGIT DECLINE IN DOW AMID TRADE WAR WORRIES

    Jul 02, 2018

    U.S. futures pointed to a negative open on Monday, following global stocks lower as investors fretted over new threats of tariff retaliation against the U.S. The blue-chip Dow futures fell 157 points, or 0.65%, by 6:49 AM ET (10:49GMT), the S&P 500 futures lost 15 points, or 0.56%, while the tec...

    NASDAQ
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    /news-article.aspx?ID=51875187

    NIKE, FINANCIALS PUSH WALL STREET HIGHER

    Jun 29, 2018

    U.S. stocks further extended gains on Friday, as Nike (NYSE:NKE) shares hit an all-time high after the world's largest shoemaker posted a strong earnings report and as banking stocks surged on clearing the Federal Reserve's stress test. Nike's shares surged as much as 13 percent after th...

    NIKE
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    /news-article.aspx?ID=51835183

    STOCKS- U.S. FUTURES INCREASE AS INVESTORS LOOK AHEAD TO DATA

    Jun 28, 2018

    U.S. futures were higher on Thursday as investors looked ahead to a flurry of economic data. The S&P 500 futures gained 10 points or 0.39% to 2,715.50 as of 6:46 AM ET (10:46 GMT) while Dow futures increased 92 points or 0.38% to 24,227.0. Meanwhile, tech-heavy Nasdaq 100 futures gained 29 point...

    NASDAQ
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    /news-article.aspx?ID=51785178

    STOCKS- WALL STREET MIXED AFTER DISAPPOINTING ECONOMIC DATA

    Jun 28, 2018

    Wall Street was mixed on Thursday after disappointing economic data and news that Amazon (NASDAQ:AMZN) was buying an online pharmacy. The S&P 500 gained three points or 0.11% to 2,702.68 as of 9:39 AM ET (13:39 GMT) while the Dow composite decreased 17 points or 0.07% to 24,100.40 and tech-heavy...

    WALL STREET
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    /news-article.aspx?ID=51795179

    GOLDMAN SACHS, MORGAN STANLEY LEFT OUT OF THE RALLY IN BANK STOCKS AFTER FED STRESS TEST BLUNDER

    Jun 28, 2018

    Goldman Sachs and Morgan Stanley were forced to leave shareholder payouts at roughly last year’s level after fumbling a crucial part of the Federal Reserve’s annual stress test, while competitors from J.P. Morgan Chase to Citigroup were allowed to boost distributions. The New York-based ...

    GOLDMAN SACHS
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    /news-article.aspx?ID=51815181

    TRADE WAR FEARS WEIGH AS EUROPE'S BANKS, AUTOS STOCKS EXTEND LOSSES

    Jun 27, 2018

    Fears over higher global barriers to trade sent European stocks to 11-week lows on Wednesday, with little other company and economic news to provide relief from rising protectionism which has hit equity markets hard. Europe's falls came after Asian stocks sold off violently on trade fears, with ...

    REUTERS
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    /news-article.aspx?ID=51705170

    STOCKS- WALL STREET HIGHER AS U.S. SOFTENS FOREIGN INVESTMENT STANCE

    Jun 27, 2018

    Wall Street opened modestly higher on Wednesday amid news that the White House administration would take a less harsh approach to foreign investment restrictions. The S&P 500 gained eight points or 0.30% to 2,731.28 as of 9:45 AM ET (13:45 GMT) while the Dow composite increased 74 points or 0.31...

    WALL STREET
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    /news-article.aspx?ID=51715171

    STOCKS- WALL STREET OPENS SLIGHTLY HIGHER AS TRADE TENSIONS EASE

    Jun 26, 2018

    Wall Street opened modestly higher on Tuesday as investor worries over a trade war eased. The S&P 500 gained two and a half points or 0.09% to 2,719.58 as of 9:40 AM ET (13:40 GMT) while the Dow composite increased 11 points or 0.05% to 24,264.20 and tech-heavy NASDAQ Composite rose over 10 poin...

    WALL STREET
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    /news-article.aspx?ID=51665166

    INTEL SHARES SLIDE AFTER BERNSTEIN DOWNGRADE

    Jun 26, 2018

    Shares of Intel fell 2 percent on Tuesday after Bernstein downgraded the stock and slashed its price target, citing a narrow path for further gains and uncertainty following the abrupt departure of its CEO. Analyst Stacy Rasgon lowered his rating on Intel to underperform from market perform and slas...

    INTEL
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    /news-article.aspx?ID=51675167

    BANK OF AMERICA MAY FALL BY 10% ON SLOWER GROWTH

    Jun 25, 2018

    Bank of America Corp. stock has posted a solid return over the past year, rising by about 26.5%, more than double the S&P 500's return of 13%. But slowing earnings and revenue growth, and a flattening yield curve may stand in the way of the bank's ability to rebound. In fact, since the m...

    BANK OF AMERICA
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    /news-article.aspx?ID=51625162

    STOCKS - U.S. FUTURES SLIDE AS TRUMP UPS THE ANTE ON TRADE WAR TENSION

    Jun 25, 2018

    U.S. futures pointed to a sharply lower open on Monday, with the Dow set for a triple-digit decline, after U.S. President Donald Trump issued a stark warning to the United States' trading partners a day earlier, calling on other countries to end to all trade barriers or face a new round of retal...

    NASDAQ
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    /news-article.aspx?ID=51635163

    GOLD PRICES FALL ON STRONG DOLLAR, RATE OUTLOOK

    Jun 21, 2018

    Gold prices fell on a stronger dollar on Thursday, hovering close to a six-month low as the U.S. Federal Reserve Chair confirmed an outlook for higher interest rates in the United States. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell by $7.1 or 0.56%...

    U.S. FEDERAL RESERVE
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    /news-article.aspx?ID=51565156

    BANK INVESTORS AWAIT U.S. STRESS TEST RESULTS FOR PAYOUTS

    Jun 21, 2018

    There could soon be a plethora of banks and financial institutions lining up to announce dividend hikes and share buybacks once the Federal Reserve completes the release of stress test results starting Thursday afternoon. 38 financial firms undergoing the tests are expected to give back to sharehold...

    FOXBUSINESS
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    /news-article.aspx?ID=51575157

    DOW LOSES 287 POINTS AS STOCKS SLAMMED BY ESCALATING TRADE CONFLICT

    Jun 20, 2018

    U.S. stocks fell sharply on Tuesday as traders reacted to President Trump's threat to impose $200 billion of new tariffs on Chinese goods. The Dow Jones Industrial Average slipped 287.26 points, or 1.15%, to 24,700.21. The S&P 500 fell 11.18 points, or 0.4%, to 2,762.57. The Nasdaq Composite...

    DOW JONES
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    /news-article.aspx?ID=51525152

    BUY BEATEN-DOWN CITI SHARES AHEAD OF STRESS TEST RESULTS AND EARNINGS, DEUTSCHE BANK SAYS

    Jun 20, 2018

    Deutsche Bank upgraded Citigroup shares to buy from hold, noting the stock could get a boost from beaten-down levels given upcoming stress test results and a better business environment. Citi shares are down 17 percent from their 52-week high hit in late January, underperforming Bank of America and ...

    CITIGROUP
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    /news-article.aspx?ID=51535153

    ESCALATING TARIFF WAR HITS EUROPE'S AUTOS STOCKS AND MULTINATIONALS

    Jun 19, 2018

    European shares extended a sell-off on Tuesday as a trade war between the United States and China escalated, with autos, mining and technology stocks taking the brunt. Europe's main equity benchmark, the STOXX 600, fell for the third straight session, down 0.7 percent, after U.S. President Donal...

    REUTERS
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    /news-article.aspx?ID=51485148

    RISING INTEREST RATES SHOULDN'T HURT MORTGAGE DEMAND

    Jun 19, 2018

    The Federal Reserve may be raising interest rates, but when it comes to the housing market and mortgage demand, it shouldn't have much impact at all. That's according to Mark Fleming, chief economist at First American Financial Corporation (FAF), the provider of title insurance and settlemen...

    FIRST AMERICAN FINANCIAL CORPORATION
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    /news-article.aspx?ID=51495149

    WALL STREET DIPS BUT OFF EARLIER LOWS; NASDAQ FLAT

    Jun 18, 2018

    The Dow and S&P were modestly lower on Monday, having recovered from earlier lows, as gains in energy shares helped curb declines stemming from trade war concerns after China's retaliation to U.S. tariffs. U.S. President Donald Trump said last week he was pushing ahead with tariffs on $50 bi...

    NASDAQ
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    /news-article.aspx?ID=51455145

    STOCKS COULD CONTINUE LOWER AS TARIFF, DOLLAR RISKS REMAIN

    Jun 16, 2018

    Traders can expect more volatility this week following President Trump's tariffs on Chinese goods and the strengthening of the U.S. dollar. President Trump announced a 25 percent tariff on $50 billion worth of Chinese goods that contain "industrially significant technologies" last Frid...

    FEDERAL RESERVE
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    /news-article.aspx?ID=51445144

    KOHL'S SHARES FALL AFTER CITIGROUP DOWNGRADES THE STOCK, SAYING IT HAS RUN TOO FAR, TOO FAST

    Jun 14, 2018

    Kohl's stock has gotten ahead of itself, and it's time to "step aside," according to Citigroup, which downgraded the company to neutral from buy on lingering fears of weak traffic. "Outside of a major announcement of their partnerships expanding (which could help traffic), Koh...

    CITIGROUP
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    /news-article.aspx?ID=51405140

    CRYPTOCURRENCY ETHER SOARS 9% AFTER SEC OFFICIAL SAYS IT'S NOT A SECURITY

    Jun 14, 2018

    The world's second largest cryptocurrency spiked Thursday after a key Securities and Exchange Commission official made it clear that in the eyes of the agency, it's not a security. The digital currency ether rose 8.8 percent to a high of $520.68, according to CoinDesk. Its price has struggle...

    COINDESK
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    /news-article.aspx?ID=51415141

    BANKS UNLIKELY TO PROCESS PAYMENTS WITH DISTRIBUTED LEDGERS FOR NOW, SAYS RIPPLE

    Jun 13, 2018

    Banks are unlikely to use distributed ledgers to process cross-border payments for now because of scalability and privacy issues, according to Ripple, one of the most prominent startups developing the technology."I will concede, we haven't gotten there yet," Ripple's chief cryptogr...

    RIPPLE
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    /news-article.aspx?ID=51375137

    STOCKS MIXED FED INCREASES RATES, LOOKS FOR AN ADDITIONAL HIKE IN 2018

    Jun 13, 2018

    U.S. stocks experienced a little more pressure after the U.S. Federal Reserve moved, as expected, and increased interest rates by 25 basis points. While the hike was anticipated, the Fed is now looking for a total of four rate hikes in 2018 instead of three. Including Wednesday's hike, the Fed h...

    U.S. FEDERAL RESERVE
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    /news-article.aspx?ID=51385138

    BANK OF AMERICA EXECUTIVE SEES CONSUMER UNIT'S EFFICIENCY RATIO FLAT TO DOWN

    Jun 12, 2018

    Bank of America Corp’s (BAC.N) co-head of consumer and business banking said on Tuesday he expects the consumer banking unit’s efficiency ratio to remain flat or improve further as it cuts more costs tied to moving physical checks and cash. Speaking at a conference, Dean Athanasia said t...

    BANK OF AMERICA
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    /news-article.aspx?ID=51335133

    APPLE TRADERS PILE IN TO BET ON 12% GAIN

    Jun 12, 2018

    Traders are betting shares of Apple Inc. rise by over 12% by the middle of July based on recent options trading, from its current price around $191.10. Apple shares have already jumped by nearly 29% over the past year, easily outperforming the S&P 500’s rise of almost 14.7%. The stock is t...

    APPLE INC
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    /news-article.aspx?ID=51345134

    CRYPTO BOOST FOR U.S. FIRMS LOSES LUSTER AFTER SOUTH KOREA HACK

    Jun 11, 2018

    A wave of U.S. stocks reaped rewards from exposure to cryptocurrencies when enthusiasm was at a fever pitch. But after a dismal 2018 for digital currencies so far, their gains are looking far less impressive. Around $42 billion of market value was wiped off cryptocurrencies over the weekend, blamed ...

    BLOOMBERG
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    /news-article.aspx?ID=51295129

    CRYPTO TRADER APOLOGIZES FOR 1,200% GAINS

    Jun 11, 2018

    In the highest echelons of the cryptocurrency investor world, extreme riches are a common feature. The cryptocurrency Consensus conference in New York City earlier this year hosted a fleet of Lamborghinis and other luxury cars, for instance, and those who have been most successful in the digital cur...

    INVESTOPEDIA
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    /news-article.aspx?ID=51305130

    DATA SHOWS CRYPTOCURRENCIES AND BLOCKCHAIN WILL CONTINUE TO GROW

    Jun 08, 2018

    Data published by Oristep Consulting estimates that the global blockchain technology market was valued at about USD 0.67 Billion in 2017. However, it is expected to reach USD 10.58 Billion by 2023, at an impressive CAGR of 58.39% during the forecast period. North America holds the largest market sha...

    ORISTEP CONSULTING ESTIMATES
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    /news-article.aspx?ID=51265126

    WALL STREET WILL MAKE MORE RISKY BETS AFTER RULE CHANGE, WITH GOLDMAN SACHS AND MORGAN STANLEY LEADING THE WAY

    Jun 08, 2018

    Goldman Sachs traders lost $180 million last year on bad bets in natural gas markets, helping cause the worst commodities trading performance in the bank's history as a public company. The bank, a powerhouse in commodities trading for decades, had positioned itself to profit from volatility in n...

    WALL STREET
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    /news-article.aspx?ID=51275127

    STOCKS- WALL STREET MIXED AS TECH STOCKS FALL

    Jun 07, 2018

    Wall Street was mixed on Thursday as technology stocks fell after gaining steam for four days. The S&P 500 was up three points or 0.14% to 2,776.00 as of 9:44 AM ET (13:44 GMT) while the Dow composite increased 88 points or 0.35% to 25,228.00 and tech-heavy NASDAQ Composite fell 11 points or 0.1...

    WALL STREET
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    /news-article.aspx?ID=51225122

    BANKS MAY BE POISED TO SHAKE OFF YEARS OF LANGUISHING STOCK VALUES

    Jun 07, 2018

    Bank shares may be “better positioned than ever before,” after years of dragging with price-earnings ratios trailing their historical averages, Oppenheimer & Co.’s Chris Kotowski writes in a note. Oppenheimer, which has been covering the industry since 1985, admits there’...

    OPPENHEIMER & CO
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    /news-article.aspx?ID=51235123

    ARISTA NETWORKS STOCK SHOWS UNUSUAL BULLISH TRADING ACTIVITY

    Jun 06, 2018

    A gain of 18.92% in 2018 for shares of Arista Networks, Inc. likely could not have happened without strong institutional accumulation. Arista Networks shares have been performing very well this year even after a very solid 2017 return (+142.72%), which in our opinion supports a bullish undertone for...

    ARISTA NETWORKS
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    /news-article.aspx?ID=51185118

    STOCKS- U.S. FUTURES HIGHER AS INVESTORS LOOK AHEAD TO TRADE DATA

    Jun 06, 2018

    U.S. futures were modestly higher on Wednesday, as investors looked ahead to economic data and monitored global trade. The S&P 500 futures was up over five points or 0.18% to 2,756.50 as of 6:44 AM ET (10:44 GMT) while Dow futures increased 96 points or 0.39% to 24,981.0. Meanwhile, tech-heavy N...

    S&P 500
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    /news-article.aspx?ID=51195119

    WALL STREET HIGHER AS APPLE LEADS TECH RALLY

    Jun 04, 2018

    U.S. stocks climbed on Monday led by gains in technology shares and Friday's robust jobs data, which gave investors heightened confidence that the U.S. economy remained strong. Apple (O: AAPL) rose 1 percent, providing the biggest boost to Nasdaq (IXIC) and S&P 500 (SPX) indexes. The iPhone ...

    REUTERS
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    /news-article.aspx?ID=51115111

    GOLDMAN'S PORTFOLIO OF HEDGE FUNDS’ FAVORITE STOCKS IS TROUNCING THE MARKET

    Jun 04, 2018

    A stock portfolio made up of hedge funds' favorite picks put together by Goldman Sachs is up twice as much as the broader market this year, which is struggling for gains. The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has gained just more than ...

    GOLDMAN SACHS
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    /news-article.aspx?ID=51125112

    MICROSOFT STOCK BREAKS OUT INTO TRIPLE DIGITS

    Jun 04, 2018

    Microsoft Corporation has taken full advantage of the latest tech buying spree, lifting above $100 for the first time in its long public history. The rally marks the next stage of an assault on psychological resistance that began in January when the long-term uptrend stalled in the mid-$90s. The sto...

    MICROSOFT CORPORATION
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    /news-article.aspx?ID=51145114

    THE NASDAQ'S RECORD CLOSE BODES WELL FOR FUTURE GAINS, CHART ANALYSTS SAY

    Jun 04, 2018

    The Nasdaq composite's record close Monday indicates more gains ahead, chart analysts said. The Nasdaq composite and Nasdaq 100 are "both trying to break above their highs from around March and once they do that there's not a lot of resistance. They've got quite a lot of room to run...

    NASDAQ
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    /news-article.aspx?ID=51155115

    FACEBOOK OPTIONS TRADERS BET STOCK WILL RISE TO RECORD

    May 30, 2018

    Facebook Inc's stock was left for dead in the days and weeks after the Cambridge Analytica scandal. Shares of the stock plunged by more than 21% to nearly $150 in the days that followed. But what has been a surprise is the dramatic turn in the stock, which is now well off its lows, up nearly 21....

    FACEBOOK INC
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    /news-article.aspx?ID=51065106

    TRADERS WITH POCKETS FULL OF CRYPTO QUIT WALL STREET

    May 30, 2018

    Whether cryptocurrencies and the technology that powers them will reshape the financial system remains to be seen. What’s not in doubt is their ability to transform the career paths of bright young minds on Wall Street. Adrian Xinli Zhang was climbing the ranks at Deutsche Bank AG in New York ...

    GOLDMAN SACHS GROUP INC
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    /news-article.aspx?ID=51075107

    5 SPORTS BETTING STOCKS MAY PAY OFF BIG

    May 29, 2018

    Betting on one’s favorite sports team just got a whole lot easier with the Supreme Court’s ruling against federal prohibitions on states that allow gambling on sporting events. While good news for wagering types, that decision will help lift the stocks of several gambling companies, espe...

    BARRON
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    /news-article.aspx?ID=51025102

    TIME IS RIGHT FOR RBS SHARE SALE, BANKERS AND ANALYSTS SAY

    May 29, 2018

    The British government should go ahead and sell more shares in state-backed Royal Bank of Scotland (RBS.L), bankers and industry experts said, even though it would likely mean a big loss to taxpayers. Media reports on Monday said the government could sell a 10 percent stake in RBS as soon as this we...

    ROYAL BANK OF SCOTLAND
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    /news-article.aspx?ID=51035103

    TRADERS LOOK FOR CLUES ABOUT THE EMERGING-MARKET CURRENCY BOUNCE

    May 28, 2018

    For all the concern that there’s a crisis brewing in some developing economies, emerging markets are showing resilience going into the final week of May, thanks to the dollar’s recent pause and a drop in U.S. yields. That may all change should Friday’s payrolls data fan speculation...

    BLOOMBERG
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    /news-article.aspx?ID=50995099

    2 STOCKS THAT MAY SURGE ON BANK TAKEOVERS

    May 25, 2018

    A large wave of M&A’s in the U.S. financial sector may be underway, signaled most recently by Fifth Third Bancorp ’s announcement earlier this week to purchase MB Financial Inc. The rolling back of post-financial crisis regulation, as well as the fact that the U.S. banking sector is ...

    MB FINANCIAL INC
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    /news-article.aspx?ID=50945094

    WALMART'S STOCK FACES A 12% PLUNGE

    May 25, 2018

    Walmart Inc. shares may be poised to fall by nearly 12% based on an analysis of the technical charts, sending shares back to $73, levels not seen since July of 2017. Shares of Walmart are already down by nearly 25% from its highs made in late January when shares were trading at almost $110. The reta...

    WALMART INC
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    TD AMERITRADE STOCK SURGES AS VOLATILITY IS THE NEW NORM

    May 25, 2018

    Shares of TD Ameritrade have been surging in 2018 as volatility has become the new norm in the stock market. While many long-term investors may not be happy to see stocks whipsawing between up and down days, investors in TD Ameritrade Holding Corporation (AMTD) stock are. After all, the more volatil...

    TD AMERITRADE
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    BANK REFORM BILL TO BOOST MORTGAGE AVAILABILITY: NAR

    May 24, 2018

    The bank reform bill aimed at rolling back regulations from the Dodd-Frank, Wall Street Reform and Consumer Protection Act has won the support of the National Association of Realtors (NAR), which said that it will bring much-needed relief to the banking market and increase the availability of mortga...

    WALL STREET
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    CURRENCY DERIVATIVE MARKETS SIGNAL FURTHER WEAKNESS FOR EURO

    May 23, 2018

    Currency derivative markets are signaling further weakness for the euro with one-year risk reversals on the single currency a gauge of demand for options on a currency rising or falling dropping to a seven-month low on Wednesday. One year risk reversals fell to minus 0.4 after being in positive terr...

    REUTERS
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    MACY'S SOARING STOCK SEEN RISING 11% HIGHER

    May 23, 2018

    Macy's Inc shares have soared in 2018, rising by nearly 30%, easily beating the S&P 500's return of only 2%. Options traders are betting shares of Macy's rise even higher, based on the options set to expire in July, by another 11%, taking the stock to nearly $37. But the longer-term ...

    MACY'S INC
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    SELL STOCKS AS ANOTHER CORRECTION IS COMING, STRATEGIST WARNS

    May 22, 2018

    The bond market is signaling an upcoming correction and investors should sell their shares in listed companies, a strategist told CNBC Tuesday. Borrowing costs have gone up over the last few weeks, with the yield on both the 10-year U.S. Treasury note and the two-year bond reaching multiyear highs l...

    CNBC
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    WALL ST. SLIPS AS TRADE TALK COMMENTS DIGESTED; ENERGY FALLS

    May 22, 2018

    U.S. stocks mostly dipped on Tuesday as investors weighed comments on trade talks between the United States and China and as energy and industrial shares fell. U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North K...

    REUTERS
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    NEW JERSEY REMINDS RESIDENTS, INSURANCE COMPANIES TO PREPARE FOR HURRICANE SEASON

    May 22, 2018

    The New Jersey Department of Banking and Insurance is urging the insurance and banking companies it regulates, as well as New Jersey residents, to prepare now for hurricane season, which officially begins June 1. All Garden State residents should have an evacuation plan, updated insurance informatio...

    NEW JERSEY DEPARTMENT OF BANKING AND INSURANCE
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    AMERICANS STICK WITH HEALTH INSURANCE DESPITE TRUMP'S PUSH TO DISMANTLE OBAMACARE

    May 22, 2018

    Americans kept up their health insurance last year despite President Trump's all-out push to dismantle the Obama-era coverage expansion. That's the counterintuitive conclusion from a major government survey released Tuesday. After nearly a full year of Trump's presidency, the uninsured r...

    CENTERS FOR DISEASE CONTROL AND PREVENTION
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    WALL ST RALLIES ON TRADE WAR TRUCE, $28 BLN IN MERGERS

    May 21, 2018

    U.S. stocks rallied broadly on Monday after the United States and China put a potential trade war "on hold" to work on a wider agreement, with sentiment also getting a boost from the nearly $28 billion worth of U.S. merger deals. U.S. Treasury Secretary Steven Mnuchin said on Sunday the Un...

    U.S. TREASURY SECRETARY STEVEN MNUCHIN
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    U.S. AND CANADIAN REGULATORS OPEN PROBES INTO CRYPTOCURRENCY SCAMS

    May 21, 2018

    U.S. and Canadian state securities regulators announced Monday they have launched dozens of investigations into cryptocurrency scams. The North American Securities Administrators Association announced the wide-ranging series of probes on Monday, dubbed "Operation Crypto-Sweep." The investi...

    NORTH AMERICAN SECURITIES ADMINISTRATORS
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    CRYPTOS FALL; COINCHECK LOOKS TO THE U.S.

    May 18, 2018

    Cryptocurrencies fell on Friday, with Bitcoin nearing a two-month low. Bitcoin was trading at $8,122.00, falling 2.03% as of 8:58 AM ET (12:58 GMT) on the Bitfinex exchange. Other digital coins fell, with Ethereum, the world’s second largest cryptocurrency by market cap, down 2.33% to $681.53 ...

    BLOOMBERG
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    A $100 BILLION BOND FUND SAYS RESURGENT DOLLAR SET FOR REVERSAL

    May 18, 2018

    Jim Schaeffer says a resurgent dollar that’s crushed returns for local debt from developing nations is due for a turnaround. The deputy chief investment officer at Aegon Asset Management is sticking with his unhedged overweight position in local-currency bonds even as losses pile up. Aegon ove...

    AEGON ASSET MANAGEMENT
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    EURO FALLS TOWARDS 5-MONTH LOWS ON ITALIAN CONCERNS AND U.S. BOND YIELD RISE

    May 17, 2018

    The euro fell towards a five-month low on Thursday as investors fretted about the demands of populist parties likely to form Italy's next government and as a fresh rise in U.S. Treasury bond yields underpinned demand for the dollar. The euro has slumped six cents from more than $1.24 in the spac...

    REUTERS
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    U.S. STOCKS LOWER AT CLOSE OF TRADE; DOW JONES INDUSTRIAL AVERAGE DOWN 0.22%

    May 17, 2018

    U.S. stocks were lower after the close on Thursday, as losses in the Utilities, Telecoms and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 0.22%, while the S&P 500 index declined 0.09%, and the NASDAQ Composite index fell 0.21%. The best per...

    INVESTING
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    US INVESTORS INVITED TO ETORO TRADING

    May 16, 2018

    The platform will offer U.S. investors three ways to access the crypto markets: by manually investing in a coin; by automatically copying the trades of other traders on the platform to benefit from their knowledge and investment expertise; or by investing in a Crypto CopyFund which provides a divers...

    ETORO
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    GEORGE SOROS TAKES $35 MILLION STAKE IN TESLA BONDS, BUYS AMAZON, NETFLIX SHARES

    May 16, 2018

    Hedge fund titan George Soros threw his support behind Tesla Inc.’s billionaire’s investment firm Soros Fund Management LLC took a $35 million stake in the electric automaker’s convertible bonds in the first three months of 2018, according to SEC filings. The bonds, which can be co...

    TESLA INC
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    CRYPTOCURRENCY EXCHANGE COINBASE IS TRYING TO LURE BIG INSTITUTIONAL INVESTORS INTO THE VOLATILE MARKET

    May 15, 2018

    Top U.S. cryptocurrency exchange Coinbase is focusing on a group that has been especially cautious to dive into the volatile market: institutional investors. The San Francisco-based company announced the launch on Tuesday of four new products aimed at that investor class: Coinbase Custody,