Even a couple of years ago, something called a Bitcoin mutual fund would have been regarded as a fanciful notion by most people and perhaps rightly so. However, during this period, a lot of advancements have taken place in the crypto world, and a genuinely strong ecosystem has emerged. That has now made it possible
View BTC quickly fell to $9,600 this morning, bolstering the bearish setup on the 4-hour and daily charts. A deeper drop to key support at $9,454 may now be in the offing. A UTC close below $9,450 would confirm a downside break of a three-month-long contracting triangle and expose the 200-day moving average (MA) support
(Photo by Alexander RyuminTASS via Getty Images) The trend is your friend is an investment adage that is usually associated with short term traders, employing technical analysis or other momentum strategies. It can also apply to thematic investors seeking to identify mega-trends that will last decades. These are trends so clearly in place, it is
Share to facebook Share to twitter Share to linkedin Shutterstock To become a “Dividend Aristocrat,” a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore, “tracking”
Enough time has elapsed since investment legend John Neff passed away to step back and take a sober look at the performance of the mutual fund he ran for more than three decades. That’s not because Neff’s record was anything short of impressive. But a dispassionate analysis of how much money an investor could have
Significant improvement in Louisiana’s financial position led Moody’s Investors Service to change its outlook to positive from stable, a move that could trigger a rating upgrade within the next two years. Moody’s also confirmed its Aa3 rating on $3.4 billion of outstanding general obligation bonds, while suggesting an upgrade could be in the offing if
Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s Delivering Alpha conference, SEC Chairman Jay Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery practices
Software IPOs are hot. Datadog is the most recent software IPO opening big. The software analytics firm initially sought to price 24 million shares at $19-$22, was quickly upsized to $24-$26, priced at $27, and opened at $40.35. It is not alone. Software as a service (Saas), where a service provider gives customers access to
Customers wait in line to check-out at a Costco Wholesale Corp. store in San Francisco in December 2018. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Microsoft – Shares of the technology giant rose 1.6% after the company announced a new $40 billion in share buybacks, as well as
NEW YORK (MarketWatch) — A spurt of acquisition announcements or talk of deals involving Wisconsin Energy Corp., Oracle Corp., and General Electric Co. may set those shares up for active trading in Monday’s session. Wisconsin Energy Corp. WEC, -2.31% said it would buy Integrys Energy Group Inc. US:TEG in a cash-and-stock purchase valued at $9.1
Ethereum has been leading the crypto rally over the past week after the slump in the first half of 2019. Over the past few years, Bitcoin has firmly established itself as the biggest cryptocurrency in the world by market cap, and it is the only coin that can actually move markets one way or another.
Black Friday Prices for Homes Getty Images The week of September 22, 2019 is considered the Black Friday for home sales, with a deal-delivering trifecta of less competition, more price reductions and higher inventory, according to new data from Realtor.com. According to the report, buyers will have 26 percent less competition and 6.1 percent more
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images It’s getting harder to be a home flipper. As easy as it might seem on reality television shows, the math is now trickier, thanks to a housing market loaded
Note: this article was released to members 1 month ago. In our latest Chemist’s Monthly Quality Closed-End Fund Report, Ares Dynamic Credit Allocation Fund (ARDC) was ranked 5th in the D x Y list with a -11.45% discount and 8.55% yield which was 104% covered. However, its positive 1-year z-score of +0.6 meant that it
Cup and Handle Pattern: -It is a continuation pattern. -Discovered in 1988 by William O’Neil. I recommend his book How to Make Money in Stocks. -You need a previous trend in order to have a continuation pattern. -When the pattern trickles down the “handle” the volume will be slowly declining. -Once it breaks the “handle,”
Trading 212 shows you how to find retracements and identify entry and exit points with Fibonacci numbers. At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.
Bitcoin is taking a hit this morning and fell over 8% to below $9,800. Here is the key driver. Tech giant Facebook (NASDAQ:FB) announced in June that it was going to launch its own cryptocurrency named Libra and ever since the announcement, the crypto market has been in a bit of turmoil. It attracted attention from
Jerome Powell, chairman of the U.S. Federal Reserve. The future actions of the Fed will have a key impact on bond markets. Photographer: Andrew Harrer/Bloomberg We’re now firmly into a rising interest rate cycle in the U.S. With several bond metrics approaching extreme levels relative to recent history, here are a few things to be aware of, and
Share to facebook Share to twitter Share to linkedin Shutterstock Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.
A recent critique of sustainable investing on MarketWatch by Alicia Munnell offers a highly skewed analysis with conclusions that simply aren’t justified by the facts. I am the chief executive of US SIF: The Forum for Sustainable and Responsible Investment, a membership organization with the objective of advancing sustainable investing. Sustainable investing does not exist
California Treasurer Fiona Ma announced Wednesday that a state board has approved $300 million in private activity bonds for a high-speed rail line to link Las Vegas with Victorville, California. The debt was approved by the California Debt Limit Allocation Committee, which administers the state’s tax-exempt, private activity bond program. A rendering of an XpressWest
The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) and the tether stablecoin (USDT). The platform expects more to be added in “coming weeks,” providing they pass Binance.US’s Digital
Why is everyone so pessimistic? A survey of 225 chief financial officers by Duke University shows pessimism on the U.S. economy has been growing steadily this year, despite record low unemployment and a strong consumer. The quarterly Duke University/CFO Global Business Outlook of 225 CFOs found that a majority of U.S. CFOs (53%) believe that
Esther George, president and chief executive officer of the Kansas City Federal Reserve Bank (L), and Eric Rosengren, president and chief executive officer of the Bostn Federal Reserve Bank. Bloomberg | Bloomberg | Getty Images The Fed has become increasingly divided, with three officials voting against the Fed’s quarter-point cut to the fed funds target
An earlier version of this story included companies that are scheduled to report earnings on Thursday, not Wednesday. The errors have been corrected. SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Wednesday’s session are Google Inc., and Barnes and Noble Inc. Google GOOG, -0.53% GOOGL, -0.48% will
As far as the creation of a crypto platform is concerned, many of the world’s consumer-facing tech companies are looking at ways to create one. Hence, it is not a surprise that Japan’s messaging app behemoth LINE has now officially launched its own cryptocurrency exchange, Bitmax, and is all set to open up a new chapter
The North Pole Igloos, where you can now stay for $105,000 for one night. Photo courtesy of Luxury Action Travelers are taking things to the extremes these days, whether it’s paying $80,000 to stay in a luxury hotel in Antarctica or having a one-of-a-kind hotel built just for them in the remotest parts of the earth. Now, people looking for
Like vast wealth, the view from the 123rd floor of the tallest apartment building in the world can quickly warp your perspective on life. At nearly 1,400 feet, looking down on the Empire State Building, you aren’t just above New York City – you lord over it. Cars become toys and people become dots. Central