This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, May 20, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. For the general public, the Federal Reserve can be an intimidating and arcane subject. Why, you might ask, does it really matter what a few economists in Washington, D.C. think the right level of… Source link
Read More »One chart reveals how bleak many view the state of the economy
Large investors are very downbeat on the economic outlook for the United States. Growth expectations fell to an all-time low in May, according to the latest Bank of America fund manager survey out on Tuesday. For a dose of perspective, the current reading is below that seen during the Great Recession and the dot.com bubble. Such dour sentiment comes despite economists expecting the U.S. economy will have grown around 2.5% in the second quarter and unemployment levels remaining near record… Source link
Read More »This chart reveals how much cryptocurrency interest has plunged
If it feels like 2022 has been a little less exciting for the cryptocurrency space, your instinct may not be too far off. Judging by Google search trends, interest in cryptocurrencies have hit a short-term peak. Global interest in virtual currencies like bitcoin (BTC-USD) and ethereum (ETH-USD) are 70% below their 2021 highs, according to new data from DataTrek. Query volumes for “nft” [non-fungible tokens] are also pretty weak at 65% lower than their January 2022 highs. Peak crypto… Source link
Read More »Yandex N.V. (NASDAQ:YNDX) – This Foreboding Sign Looms Over Yandex’s Chart
If history is any guide, there may be trouble ahead for shares of Yandex (NASDAQ:YNDX). A so-called “death cross” has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term average price,… Source link
Read More »One chart explains why the stock market is back in rally mode: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, December 13, 2021 And the verdict is: Interest rate hikes from the Federal Reserve in 2022 are OK, says Mr. Market. Dare I say this week’s Fed decision on Wednesday may be a non-event for the markets? (Our Fed correspondent Brian Cheung shudders at this mere suggestion.) How else should one assess the landscape going into the meeting —… Source link
Read More »Panthers QB depth chart: Will Cam Newton start after signing with Carolina?
Cam Newton is back in Carolina. Now, there’s only one question surrounding him: Will he be the Panthers’ starting quarterback again? Newton left the Panthers after the 2019 NFL season. Carolina wanted to move in a new direction at quarterback while Newton wanted to continue starting. However, after the Panthers endured a season and a half of subpar play from Teddy Bridgewater and Sam Darnold, Newton is back with the team that made him the No. 1 selection in the 2011 NFL Draft. Newton… Source link
Read More »The most impressive labor market chart around: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, August 10, 2021 Job openings continue to explode The number of jobs open in America continues to explode. On Monday, the Job Openings and Labor Turnover Survey (JOLTS) for June showed some 10.1 million jobs were open at last check, a record for the series which dates back to 2001. This marks the fourth straight month this series has… Source link
Read More »This year’s market, explained in one chart: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, July 21, 2021 Growth, value, and rates — all in one place It was a Turnaround Tuesday on Wall Street yesterday. After a brutal sell-off to start the week, each of the major averages gained nearly 2% on the week’s second trading day. A solid rebound after a decline in markets on Monday that perhaps felt worse than it really was. But… Source link
Read More »Bitcoin Price Chart Flashes a Warning Signal – Yahoo Finance
Reuters Tesla top-of-range car caught fire while owner was driving, lawyer says A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters. The driver, identified as an “executive entrepreneur”, was initially not able to get out of the car because its electronic door system failed, prompting the driver to “use force… Source link
Read More »Yandex NV (YNDX): Price Now Near $70.3; Daily Chart Shows An Uptrend on 50 Day Basis
The Hourly View for YNDX At the moment, YNDX (Get Ratings)’s price is up $0.25 (0.36%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration… Source link
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