New cases of Bitcoin fraud are back circulating the media. Back in May, the NYPD warned the public about Bitcoin scams, but that hasn’t stopped incidences of fraud from occurring. In the news this week, we have learned of two new Bitcoin fraud cases: one involves a Pennsylvania resident, and the other, interestingly enough, involves
Month: September 2019
Gov. Wanda Vázquez García said over the weekend she supports the Puerto Rico Oversight Board’s plan of adjustment, removing an obstacle to the restructuring of the commonwealth’s debt. By supporting an adjustment plan that includes a reduction to pensions, she walked a different path than the one former Gov. Ricardo Rosselló said he’d have taken.
September has been a rough month for bitcoin and the wider cryptocurrency market, but ether has weathered the storm better than most. Bitcoin, (BTC), the leading cryptocurrency by market value, is on track to post a monthly loss of more than 16 percent – the biggest since November 2018, according to CoinMarketCap. As of writing,
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading: Bed Bath & Beyond — Shares of Bed Bath & Beyond jumped 7% after WedBush upgraded the home goods retailer to outperform from neutral, saying the revamped board of
San Francisco-based crypto startup Ripple has acquired Logos Network, a payment platform, to help in developing decentralized financial products. Ripple is the firm behind XRP, which is the third-largest cryptocurrency. Xpring Growing Its Team The investment arm of the company, Xpring initiative, has already brought on board the Logos Network. Logos Network is a blockchain-based payment
Share to facebook Share to twitter Share to linkedin Pedestrians pass in front of a Forever 21 Inc. store in the Times Square neighborhood of New York,… [+] U.S., on Thursday, Aug. 29, 2019. Forever 21 Inc. is preparing for a potential bankruptcy filing as the fashion retailer’s cash dwindles and turnaround options fade, according
Investment thesis Since our last publication on the S&P GSCI Unleaded Gasoline Index Excess Return (SPGSHUP), our bullish view did not materialize and the Index declined moderately, down 2.96% to $977.03. Going forward and given that U.S. gasoline storage rebounded slightly during the week, oil cracks are on a declining path and demand for the
Trading Options: Bull Call Spread (Vertical Spread Strategy) ★ SUMMARY ★ Hey! It’s Sasha Evdakov founder of Rise2Learn and in this video I want to share with you how to trade options more specifically, the vertical spread. The vertical spreads are fantastic option spreads to trade when you’re looking to trade out larger dollar stocks
A straddle is used when you’re not sure which way the market will go, but believe something big will happen in either direction.
Trading 212 explains how to read the FOREX charts in a simple way. This video shows you how to recognize the two types of trend lines and easy ways to spot FOREX market trends. Trading 212 gives you basic knowledge about technical analyses and FOREX market movements. Start now for free with virtual money: https://www.trading212.com/en/Free-FOREX-Practice-Account-GBP/
Charles Scharf Qilai Shen | Bloomberg | Getty Images Three decades before Charlie Scharf was named CEO of Wells Fargo, he got his start by mailing his resume to an up-and-coming banker named Jamie Dimon. Scharf was a senior at Johns Hopkins University when Dimon hired him at Baltimore lender Commercial Credit. That move proved
As we enter the fourth quarter, municipals continue their remarkable performance with the market continuing to follow trends of demand outstripping supply and inflows into the asset class. “The classic law of physics — a body in motion stays in motion, is how I would describe the inflows,” Jim Colby, senior municipal strategist and portfolio
Nearly all top 10 alternative cryptocurrencies by Market Capitalization have hit their respective 6-month lows after bitcoin’s rapid price slide dragged the rest of the markets into the red on Tuesday. Litecoin (LTC), EOS (EOS), Binance Coin (BNB), and Stellar (XLM) dropped to their lowest point in over 6-month shortly after BTC’s major sell-off forced traders
The Federal Reserve has used open market operations to soothe the short-term funding market, and now its temporary fix faces a test as the third quarter ends. The Fed has used overnight and 14-day market operations to stabilize the repo market, used by financial institutions to fund themselves on a short term basis. The Fed
When a cryptocurrency is made available in important exchanges, then its price usually gets a positive push, and that is what happened with Stellar (XLM) yesterday. Earlier on this week, Coinbase, which is among the biggest crypto exchanges in the world, revealed that it was looking to add many more tokens to its platform. Yesterday,
Aerial view of houses on the Hollywood Hills in Los Angeles, California, USA. Getty Some of the hottest reality shows today focus on luxury real estate in Los Angeles. Showcased are both multi-million dollar properties and the successful agents who sell them. In Los Angeles where there are likely more luxury real estate agents per
The KKR Opportunities Fund (KIO) is managed by Chris Sheldon and has been since the fund’s inception in July 2013. Mr. Sheldon has been with the storied firm since 2004. What KIO Does KKR Fund Website We’ll get to a breakdown of holdings in more detail, but what the fund principally invests in is a
What is the Head and Shoulders Reversal Pattern? -The stock bounces off of the support line three times, making a head and shoulders pattern -On the first shoulder, the volume is high -The volume is lower on the uptrend that creates the head -People are not voting for the stock to go up. This low
Kevin Matras shows how to search for stocks with increasing Cash Flows, but low Price to Cash Flow ratios. Highlighted stocks include BR, LCC, MRH, NFLX and PSEM.
Bollinger Bands are one of the most popular trading indicators and in this video we’ll give you a tutorial on what they are and how you can use them in your trading. The bands themselves represent two volatility lines around the (typically) 20-day moving average. The two bands are placed at 2 standard deviations from
Recent highly publicized flops by supposedly disruptive companies could be painting an unpleasant picture ahead for innovation, at least in how it’s viewed in the financial markets. Investors have turned thumbs-down on high-profile companies including WeWork, Uber and Tesla. Industries including marijuana, vaping and bitcoin all have seen big price drops following a spate of
A prolonged Michigan budget battle would hit the state’s charter schools the hardest, according to S&P Global Ratings. The Republican-led Michigan legislature approved $59.9 billion in state spending in budget bills while axing a controversial 45-cents-a-gallon fuel tax hike proposed by Gov. Gretchen Whitmer, setting the stage for a budget battle. Charter schools are vulnerable
Bitcoin (BTC) is like any other asset class in that it captures value through organic price discovery conducted via trading activity on global exchanges. Yet leverage and margin trading, in general, can help “turbo-charge” demand for an asset. They can also free up capital, thus increasing liquidity within a given market as traders look to
Traders work on the floor of the New York Stock Exchange (NYSE) on January 6, 2016 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines midday Friday: Alibaba, JD, Baidu — Shares of Chinese companies include Alibaba, JD.com and Baidu plunged as much as 6%
Troubled online retailer Overstock has invested $2 million USD in blockchain-based identity firm Evernym through its crypto division, Medici Ventures. Blockchain-Based Identity Technology Evernym was founded in Salt Lake City in 2013 and has developed a blockchain-based technology that allows organizations and governments to issue, accept, and verify credentials that operate similarly to a digital passport. Its
A Sonder living room. Sonder As Airbnb prepares to become a publicly traded company in 2020, the home-sharing marketplace is signaling a huge appetite for high-quality supply. It’s a move from helping everyday homeowners build small businesses to also propelling a handful of professionals to large ones. Startups have appeared with offerings ranging from a
The number of new housing starts has surged in recent months, and the trend is being powered in part by an unlikely bunch — millennials, Sheryl Palmer, CEO of homebuilder Taylor Morrison, told CNBC on Thursday. Consumers are “changing their relationship with homeownership” and it’s evident in the increase of the number of people who
For the fourth week in a row, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $27.3 billion for Lipper’s fund-flows week ended September 25, 2019. Fund investors were net purchasers of money market funds (+$37.8 billion), municipal bond funds (+$1.6 billion), and taxable fixed income funds (+$427
Swing vs. Day Trading – Which is Better? ★ SUMMARY ★ You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better? Let’s break down the differences between day traders and swing traders, so you can decide
Understanding VIX contango and ETF leverage can save you a small fortune.