Amazon has made clear that it wants to own the smart home space. Now the company’s going a step further, taking a stake in a start-up that’s building actual homes. — TRENDING NOW— FREE STOCK TRADING WEBINAR Experienced Biotech stock investor, Kyle Dennis, will be showing you 3 easy-to-follow steps that you’re going to want … Read more
Scott Nations, the president and chief investment officer of NationsShares, a division of Fortress Trading, shorted Bitcoin through the Cboe futures market live on CNBC on September 26. Since then, the price of Bitcoin has slightly increased to $6,500. “I want to be a seller of the October contract. The Cboe Bitcoin futures, that is … Read more
Corporate insiders are dumping stock in their companies at a rate not seen in 10 years. With September not yet over, stock sales by company executives reached $5.7 billion, according to data from TrimTabs Investment Research — the highest September in a decade. August’s $10.3 billion in insider sales also reached a 10-year record. — … Read more
After a slow start, stocks were higher ahead of today’s Fed Statement. And at 2pm ET, the Fed announced the 3rd rate hike this year. The decision was expected, and at first, stocks rallied. But 24 minutes after the rate hike, and just minutes before the Fed Press Conference, stocks started to drop. The major indices continued … Read more
This is the first of three articles in which I will show how just about any investor can achieve outstanding long-term returns using readily available low-cost products. In this column, I describe the three most important building blocks of a portfolio. In the second, I describe some of the limitations and challenges of one of … Read more
The world’s super rich are increasingly turning their backs on hedge funds, with the amount of money invested by family offices dropping for a third consecutive year, according to Swiss bank UBS. According to UBS’ annual survey of family offices hedge funds now account for just 5.7% of all investments in the sector. Family offices, … Read more
Stocks were mixed today, with the DOW and S&P finishing lower for the 2nd day in a row. But tech stocks did ok today, and the NASDAQ managed to end the session slightly higher. Today President Trump addressed the UN, where he criticized OPEC and reiterated his position on trade, saying that China has been taking advantage of the U.S. — … Read more
It doesn’t take rocket science to know when stocks are likely to crash. You just have to look at the right indicators… and ignore the wrong ones. I’ve been bullish on stocks for years. And I’ve continually told folks to stay long, despite plenty of fears in the market. I haven’t changed my tune, because … Read more
New research has found that, despite the popular idea that cryptocurrencies operate generally outside the reach of national regulators, regulatory actions still have a huge impact on crypto markets. The research is presented in a report by the Bank for International Settlements (BIS), an organisation owned by 60 of the world’s central banks from countries … Read more
The price of cryptocurrency XRP tanked on Tuesday following a surprise spike last week. XRP, which is often incorrectly referred to as Ripple, fell over 18 percent from the day before at around 8.25 a.m. London time, according to Coinmarketcap.com. It was trading at $0.46. On Friday, the price of XRP jumped to $0.69 following … Read more