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Month: October 2022

Cryptocurrencies

Bank of America Likes Several Gambling Stocks, Including Caesars

Gambling stocks have outperformed the S&P 500 since the second quarter, rising 1% compared with a decline of 5% for the index. Is it time to bet on gambling stocks? Bank of America analysts see Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Goldman Sachs Chooses Between the Rich and Main Street

The prestigious investment bank seems to be giving up on its ambitions to seduce Main Street. It looks like a flip-flop that doesn’t say its name.  Goldman Sachs  (GS) – Get Goldman Sachs Group Inc. Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Bitcoin: No New Lows but No Upside. The Charts Hint at Direction.

Bitcoin has failed to generate any meaningful upside momentum but has avoided making new lows. Here’s how to trade it now. While the S&P 500 tries to carve out a low for the year, bitcoin Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

NBA Team Shows What the Future of Sports Broadcasting Could Be

The LA Clippers have a multifaceted plan to get their games to the fans. Despite the major changes to the television landscape since cord cutting transformed the industry, sports broadcasting on the national level has Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Norwegian Cruise Line Makes a Big Beverage Move

The cruise line has added something that neither Carnival nor Royal Caribbean offers onboard. For many cruise passengers, their trip does not start until they get the first drink from one of the many bars Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Bank of America Stock Rams Into Resistance on Earnings; Here’s the Trade

Bank of America stock is rallying on Monday after an earnings beat. Here’s how to trade the shares as they hit resistance. On Friday, bank stocks kicked off the third-quarter-earnings season. On Oct. 17 Bank Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Economist Roubini: Economic and Financial Crash Coming

Federal Reserve policy will help spark the meltdown, he said. See how far he expects stocks to drop. With economic growth slowing and inflation raging, many experts are concerned about stagflation. That’s a combination of Read more…

By , 3 years ago October 17, 2022
Android

Logitech’s G Cloud Gaming Handheld is terminally online

This well-designed machine is great for playing cloud games (or streaming local PC games). But it’d be easier to recommend if it were either less costly or if its hardware could run games better when Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

Canada: Business Optimism and Inflation Expectations Soften 

The Bank of Canada Business Outlook Survey (BOS) reported a continued drop in Canadian business optimism in the third quarter of 2022. The BOS indicator, a statistical summary of survey results, was 1.69 in 2022Q3, Read more…

By , 3 years ago October 17, 2022
Cryptocurrencies

UK CPI Preview: A Return to Double-Digit Inflation on Tap

The UK has been the epicenter of market volatility this week, primarily for reasons unrelated, or at least tangential, to traditional economic data (see my colleague Fawad Razaqzada’s article from this morning for more on Read more…

By , 3 years ago October 17, 2022

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