The massacre of cryptocurrencies continues today as Ethereum resumes recent steep fall and hit as low as 2198.70 so far. The fall from 4863.75 is still in progress to 161.8% projection 4863.75 to 3439.00 from Read more…
Look at a certain way, the recent PPI numbers could be signaling the turning point in pandemic-led inflation pressures, according to the Action Alerts Plus team. Notwithstanding the latest market swoons, we’re actually writing the words Read more…
What’s the best strategy if a client lacks the funds to contribute to both a Roth IRA and a Roth 401(k)? Here’s a breakdown of the advantages each option has to offer. By Ian Berger Read more…
Bitcoin is down another 8% amid a broader selloff that has seen the digital token shed a quarter of its value in January alone. The stock market knows why. Why is bitcoin crashing? It’s much Read more…
Blackwells Capital is reportedly pushing for big changes at Peloton, including the ouster of CEO John Foley, following last week’s multi-billion dollar selloff in the group’s stock. Peloton Interactive (PTON) – Get Peloton Interactive, Inc. Read more…
Sterling is on the verge of breaking down as risk-off sentiment intensifies into European session. EUR/GBP’s break of 0.8377 resistance now suggests that a short term bottom is formed at 0.8304 on bullish convergence condition Read more…
Two reported activist-lead takeover offers for Kohl’s has shares in the struggling department store retailer soaring Monday. Kohl’s (KSS) – Get Kohl’s Corporation Report shares soared in pre-market trading as private equity and activist investors line-up Read more…
Bundesbank said in the monthly report that Germany’s real GDP grew by 2.7% in 2021, not enough to compensate the -4.50% contraction in 2020. It added, “setbacks caused by the pandemic and bottlenecks on the Read more…
The Australian dollar is in negative territory to start the week. AUD/USD is down about one percent since Thursday as the pair remains under pressure ahead of the Australian CPI release on Tuesday. In the Read more…
Stock market rout deepens amid Fed and Ukraine worries, but US futures point to rebound Dollar and gold edge up, euro see-saws on mixed PMIs Fed meeting and major earnings to likely dictate market sentiment Read more…