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Tag: stocks


Finance Tech, Trading

How major US stock indexes fared Tuesday

August 3, 2021

Via: ABC News

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]


Finance Tech, Liquidity

Gold Price Technical Outlook Warns of Looming Death Cross Formation

August 3, 2021

Via: DailyFX

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]


Finance Tech, Trading

Investors should sell stocks and raise cash as bearish indicators pile-up for the S&P 500, BofA says

July 29, 2021

Via: Markets Insider

Investors should take advantage of any strength in the S&P 500 and sell stocks to raise cash as bearish indicators begin to pile up, Bank of America said in a note on Tuesday. The bank points to negative divergences and […]


News

How major US stock indexes fared Tuesday

July 27, 2021

Via: ABC News

Stocks closed lower on Wall Street Tuesday, pulling major indexes back slightly from the records they set a day earlier. Weakness in big technology companies was the biggest factor. Markets have been choppy as investors try to get a clearer […]


Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]


Finance Tech, Liquidity

Bitcoin mining stocks surge as the cryptocurrency rallies towards $40,000

July 26, 2021

Via: Markets Insider

Shares of cryptocurrency mining companies soared in early Monday morning trading as bitcoin staged a rally to a six-week high above $38,000. Marathon Digital Holdings and Riot Blockchain both jumped 18% premarket. Crypto mining peers including Bitfarms (up 17.6%), Bit […]


Finance Tech, Trading

Stocks open higher on Wall Street, on track for weekly gain

July 23, 2021

Via: ABC News

Stocks rose in early trading on Wall Street Friday and put the major indexes on track for a strong finish in a week that opened with a stumble. The S&P 500 index rose 0.4% as of 10:02 a.m. Eastern time […]


Finance Tech, Trading

Carver Bancorp Triples in Apparent Meme Stock Boost

July 8, 2021

Via: TheStreet

Carver Bancorp (CARV) – Get Report more than tripled on Thursday as one of the country’s oldest and largest African-American-backed financial institutions caught the attention of retail traders. Shares of the New York company at last check were trading at […]


Energy, Industries

Oil Price Rebound Emerges as US Inventories Contract for Eighth Week

July 8, 2021

Via: DailyFX

The price of oil extends the rebound from the weekly low ($70.76) as US inventories contract for eight consecutive weeks, but recent price action warns of a larger correction in crude as it extends the series of lower highs and […]


Finance Tech, Trading

4 Cloud Stocks to Buy in July

July 7, 2021

Via: Investing.com

The cloud computing industry is expected to grow substantially in the coming months driven by the rapid digitalization and commercialization of 5G, among other factors. So, it could be wise to bet now on Workday (NASDAQ:WDAY), Teradata (TDC), Cloudera (NYSE:CLDR), […]