9 June, 2017 by The TZ Newswire Staff Comments Off on The Ratings Game: Citigroup shares jump to 2009 levels as fading Trump-policy hopes prompts upgrade
The Ratings Game: Citigroup shares jump to 2009 levels as fading Trump-policy hopes prompts upgrade
Citigroup’s stock surges to highest level since January 2009 after UBS upgraded the bank, as expectations that President Donald Trump’s policies will be enacted decrease.
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9 June, 2017 by The TZ Newswire Staff Comments Off on Spy futures
Spy futures
Hi
I really didn’t know there were Spy futures.
But , why Spy futures are in cntango and not in backwardation as is supposed to be.
9 June, 2017 by The TZ Newswire Staff Comments Off on Nasdaq stocks skid lower. S&P remains up
Nasdaq stocks skid lower. S&P remains up
Rotation out of some of the high flyers
The Nasdaq index is down -65 points and in a bit of a free fall. The index is down about 68 points or 1.07%. Looking at the hourly chart, the price fell below the 50 hour mA at 6278.41. The 100 hour MA at 6221.363 is the next target. The market fell below the 100 hour MA last on the Comey firing. That move stalled right at the 200 hour MA (green line) and rebounded.
9 June, 2017 by The TZ Newswire Staff Comments Off on Bitcoin Is On Track To Hit $250,000 By 2020
Bitcoin Is On Track To Hit $250,000 By 2020
Based on its incredible growth rate over the past several years, bitcoin is on pace to be worth a whopping quarter of a billion dollars in just three short years if it’s somehow able to maintain the same rate of return.
The CoinTelegraph has details on how the math works out:
BitGo Software Engineer Jameson Lopp revealed that if the seven-year trend of Bitcoin price continues, Bitcoin will be valued at around $250,000 by 2020.
9 June, 2017 by The TZ Newswire Staff Comments Off on We’re in a bull market plagued by ‘recurring anxiety attacks,’ strategist Ed Yardeni says
We’re in a bull market plagued by ‘recurring anxiety attacks,’ strategist Ed Yardeni says
“Staying fully invested for now makes sense. It could be a melt-up scenario and then watch out for a meltdown,” he says.
9 June, 2017 by The TZ Newswire Staff Comments Off on All of the digital money in the world, in one chart
All of the digital money in the world, in one chart
Bitcoin makes up nearly half of the $100 billion cryptocurrency market cap. So what makes up the rest?
9 June, 2017 by The TZ Newswire Staff Comments Off on Don’t put your money in a house, says a new report
Don’t put your money in a house, says a new report
Buying a home used to be a good way to invest your money. Renting may now be a better option.