In this video David draws our attention to some of the most frequent mistakes that traders make. From fighting the trend and opening positions with unreasonably large sums to having stop losses too close, David discusses all these scenarios and shows how they unfold on real charts. While not following the trend and placing stop
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Ever since Bitcoin had that incredible rally back in 2017, there has been a lot of talk among big-ticket investors to find a way to bring the cryptocurrency into the world of mainstream investing. It was around that time that the idea of Bitcoin-based exchange-traded funds (ETFs) was first floated. Ultimately, the Securities and Exchange
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Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, an independent consultant’s report concluded. “The gaming expansion legislation that allows for a casino in the city of Chicago is very onerous from a tax and fee perspective,” the study concluded. “Our analyses suggest that, at best,
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View Bitcoin appears on track to test the psychological support of $10,000, as the daily chart moving averages and other key indicators have turned bearish. A high-volume price breakdown seen on the hourly chart also favors a drop to $10,000. However, the hourly chart indicators are reporting a bullish divergence. So, a price bounce to
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The SEC has filed an emergency lawsuit against Veritaseum (VERI) and its founder Reginald Middleton with the New York Eastern District Court. The action aims to prevent Mr. Middleton from spending $8 million USD raised by the company in an ICO. “Knowingly Misled” VERI Investors The SEC alleges that Mr. Middleton “knowingly misled” investors about
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Argentina has a habit of surprising investors. Since 2014, the country has had four major currency devaluations with the last occurring early Monday morning as the conservative Argentine president Mauricio Macri suffered a major defeat in primary elections. The Global X MSCI Argentina ETF (ARGT) lost roughly a quarter of its value while the Argentine
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Hey everybody, Dave Bartosiak here with Trending Stocks at Zacks.com giving you the four dumbest things about the Equifax hack. In case you haven’t heard, hackers breached the data of credit agency Equifax and made off with a few social security numbers and sensitive information. A few…million. Well, 143 million to be exact. So basically
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Illinois’ search for a new debt manager ended with the hiring of Paul Chatalas, a 25-year veteran of public policy and public finance positions. Chatalas started Tuesday, according to the Governor’s Office of Management and Budget. He replaces Kelly Hutchinson, who left in the spring after three-and-a-half years in the position to join Katten Muchin
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Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters A trade organization that oversees the dissemination of trades at the NYSE said Monday’s trading glitch was due to a “network component failure” at the the exchange’s data center in Mahwah, New Jersey. The Consolidated Tape Association (CTA) said the
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Cryptocurrency criminals have taken in an estimated $4.3 billion USD in 2019, according to CipherTrace. CipherTrace, a cryptosecurity company based in Silicon Valley, has released its Q2 2019 Cryptocurrency Anti-Money Laundering (AML) Report, which is a detailed overview of major cryptocurrency thefts, scams, and fraud around the world. The firm’s Q1 report estimated that cybercriminals
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StoneCastle Financial Corp. (BANX) is a closed-end fund focused on the community banking sector across the US, with total assets of ~$165 million. StoneCastle Partners, the ultimate owner of the Fund’s manager manages BANX as part of a much broader community banking focused business with $17 billion in assets under management or advisement. BANX’s investing
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The double bottom reversal pattern is similar to the double top reversal pattern, but it goes in the opposite direction. What Is the Double Bottom Reversal Pattern? -It’s a reversal pattern or bullish pattern -Begins with a downward pattern and typically ends with an upward pattern -There can be double tops or triple tops between
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