Tag Archives: rally

Bitcoin Faces Regulatory Scrutiny After Record-Breaking Rally

Bitcoin Faces Regulatory Scrutiny After Record-Breaking Rally

(Bloomberg) — It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time. The cryptocurrency almost quadrupled, surpassing $20,000 for the first time as it notched record after record. The diehards cheered it as an inflation hedge in an era of unprecedented central bank largesse. Wall Street veterans from Paul Tudor Jones to Stanley Druckenmiller blessed it as an alternative asset, adding to the rally. And companies like MicroStrategy Inc. and Square Inc. moved… Source link

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The extraordinary history of the Santa Claus Rally: Morning Brief

The extraordinary history of the Santa Claus Rally: Morning Brief

Benzinga 6 Reasons Why You Should Not Buy A Home Owning a home might be the epitome of the American dream, but it’s not engraved in stone! So, if you’ve been toying with the idea of giving up homeownership, then, by all means, go for it. However, given that homeownership is perceived as the hallmark of wealth, giving it up is set to bring you a lot of controversies. Individuals in your circle might even criticize. But regardless of what the greater population thinks, here are good reasons… Source link

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US STOCKS-Wall Street drops as stimulus rally cools, Tesla at record high

US STOCKS-Wall Street drops as stimulus rally cools, Tesla at record high

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Quadruple witching could push up volumes, volatility * All three major indexes set for weekly gains * Retail stocks gain on prospect of strong holiday demand * Tesla rises in high-volume trade * Indexes down: Dow 0.26%, S&P 0.29%, Nasdaq 0.07% (Updates to market open) By Ambar Warrick and Shreyashi Sanyal Dec 18 (Reuters) – Wall Street retreated from record highs on Friday as a coronavirus stimulus deal remained in… Source link

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Chiefs fend off Dolphins rally to clinch AFC West

Chiefs fend off Dolphins rally to clinch AFC West

This isn’t how they drew it up. But the Kansas City Chiefs fended off Tua Tagovailoa and the Miami Dolphins to improve to 12-1 and clinch their fifth straight AFC West title on Sunday. Kansas City survived four turnovers, including three Patrick Mahomes interceptions, to secure a 33-27 victory at Hard Rock Stadium, the site of their Super Bowl victory over the San Francisco 49ers in February. They bounced back from an early 10-0 deficit aided by the longest sack in NFL history to open a 30-10… Source link

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Stock market rally amid COVID-19 creates ‘distorted economy’: Robert Reich – Yahoo Finance

Stock market rally amid COVID-19 creates ‘distorted economy’: Robert Reich – Yahoo Finance

TipRanks Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can… Source link

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Futures add to gains, investors look to extend vaccine rally

Futures add to gains, investors look to extend vaccine rally

TipRanks 3 Monster Growth Stocks That Still Have Room to Run Investors are in the market to make a profit, and that means finding the stocks with proven growth potential. Yes, it’s a cliché to remind everyone that past performance does not guarantee future results, but when a stock consistently shows strong share appreciation, over an extended period, it’s a positive sign for investors.With more than ten months behind us, the stocks that are now showing a combination of strong gains and a… Source link

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Stock futures drift in late trading after tech rally

Stock futures drift in late trading after tech rally

TipRanks 3 “Strong Buy” Stocks That Tick all the Boxes It’s been said that gridlock is a feature, not a bug, of the US Constitution, and we may be about to find that out. The election results have left some questions to be resolved, but a few things are coming clear: Democrat Joe Biden is the winner of the Presidential race, but down ballot, the Republicans appear to have made important gains. We’re looking at the prospect of divided government – a Biden Administration with a… Source link

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Stock futures fall, pausing after four-day rally as investors await election results

Stock futures fall, pausing after four-day rally as investors await election results

TipRanks These 3 5G Stocks Are Must-Watch Names, Say Top Analysts Let’s take a short break from the election drama, and look at 5G. The new wave in networking technology, 5G has sparked an ongoing revolution in the way wireless connections are made. The new network systems offer far higher speeds, much lower latency, and greater data capacity than existing 4G networks, and the implications for high-tech are enormous. Internet of Things, autonomous cars, teledoctor facilities, streaming on… Source link

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Trump still owes El Paso—a city facing a coronavirus disaster—$569,000 for his 2019 rally

Trump still owes El Paso—a city facing a coronavirus disaster—9,000 for his 2019 rally

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Markets are down, but not collapsing. Investors remain worried about the coronavirus, and Tuesday’s election remains up in the air. Uncertainty rules the day, exacerbated by recent market losses. Wall Street, however, expects that the bulls will start running again after next week’s results – who wins will be less important than having a result.In the meantime, market declines and low share prices make for a prime time… Source link

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