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Progress Ahead? Hopes For China Trade Progress Rise, Putting Markets On Solid Footing

A long weekend looms, but before that, there’s a lot to digest. Perhaps topping the list is the latest scuttlebutt around trade with China (see more below). Netflix earnings also rank high, with shares down 3% in pre-market trading after a Q4 revenue miss. Automaker Tesla is also in the news after announcing plans to … Continue reading Progress Ahead? Hopes For China Trade Progress Rise, Putting Markets On Solid Footing

US Stocks Rise on Positive Trade Talks with China; Bitcoin Cautious

The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China. The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index surged by 43.2 – or 0.6 percent … Continue reading US Stocks Rise on Positive Trade Talks with China; Bitcoin Cautious

U.S. Stocks End a Dismal, Volatile Year on a Bright Note — TIME

Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade.After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply after early October, leaving them all in the red for the year.… via … Continue reading U.S. Stocks End a Dismal, Volatile Year on a Bright Note — TIME

Goldman Sachs Drops Bitcoin Trading Plans For Now: Report – Reuters

Goldman Sachs Group Inc is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar with the matter. In recent weeks, executives have come to the conclusion that many steps still need to be taken, most … Continue reading Goldman Sachs Drops Bitcoin Trading Plans For Now: Report – Reuters

Asian Stocks Steady After Wall Street Gains – Bloomberg

Sydney: Stocks in Asia got some reprieve from the recent sell-off after a modest rebound in technology and energy shares underpinned gains in U.S. equities. The dollar slipped and Treasuries steadied as debate about the Federal Reserve softening its stance on raising interest rates gathered pace. Equity benchmarks nudged higher in Japan and Australia, while … Continue reading Asian Stocks Steady After Wall Street Gains – Bloomberg

The Quickly Changing Global Oil Markets – Dan Eberhart

How quickly things can change in oil markets. A month ago the industry was fixated on Iran sanctions, possible supply shortages and a lack of global spare production capacity  issues that drove benchmark Brent oil prices over $86 a barrel in early October. Fast forward to now: Brent is down 20% to around $66 a … Continue reading The Quickly Changing Global Oil Markets – Dan Eberhart

Crypto Stocks in Asia in the Red as Bitcoin Sinks to One-Year Low – Priyeshu Garg

Shares of several cryptocurrency-related companies in Asian markets fell after bitcoin led a sell-off in digital currencies, reaching a one-year low at just over $5,571, Bloomberg reported on November 15, 2018. According to Bloomberg, the fall followed earlier losses among U.S. companies whose businesses are closely related to cryptocurrencies.In Japan, Monex Group Inc., which runs … Continue reading Crypto Stocks in Asia in the Red as Bitcoin Sinks to One-Year Low – Priyeshu Garg

Crash: Bitcoin And The Stock Market On The Brink – Clem Chambers

I’ve been writing about how bitcoin has been in an increasingly tight range and how when it breaks out it should run in that direction a long way. It’s trader thinking. This coiled spring compression has got downright silly in recent weeks with the usually volatile bitcoin trading in an ultra-tight range. This tight trading … Continue reading Crash: Bitcoin And The Stock Market On The Brink – Clem Chambers

4 Reasons To Buy Walmart Stock – Peter Cohan

Back in February, Walmart -- in which I have no financial interest reported disappointing numbers and its stock tumbled. I saw four reasons to buy its stock its shift to eCommerce, economies of scale, investment in its people, and a not outrageous valuation.Since then Walmart stock has risen 8.8% to $99.54. But after reporting a beat … Continue reading 4 Reasons To Buy Walmart Stock – Peter Cohan

Why The Bull Market Could End in 2020 – Ben Levisohn

All of us, at some point, must confront our mortality. So, too, must investors prepare for the demise of a bull market that began in the depths of the financial crisis in 2009. Yes, predictions of the end of this record run have been made before—and have been proved wrong. The rally has so far … Continue reading Why The Bull Market Could End in 2020 – Ben Levisohn

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