The Traderszone Network

24 June, 2021 by The TZ Newswire Staff Comments Off on S&P and Nasdaq still on track for record closes but off highs for the day

S&P and Nasdaq still on track for record closes but off highs for the day

S&P needs to close above 4255.15
Both the S&P and NASDAQ index are still on track for record closes today. The NASDAQ is working on its third straight record close. It’s price is currently up 82 points or 0.57% at 14353.21.  However it is off it’s high of 141414.46.

24 June, 2021 by The TZ Newswire Staff Comments Off on Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares

Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares

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24 June, 2021 by The TZ Newswire Staff Comments Off on WisdomTree Releases U.S. Growth & Momentum Fund, WGRO

WisdomTree Releases U.S. Growth & Momentum Fund, WGRO

On Thursday, WisdomTree Investments, Inc. (WETF), an exchange traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced the launch of the WisdomTree U.S. Growth & Momentum Fund (WGRO) on the NASDAQ stock exchange. WGRO seeks to track the price and yield performance, before fees and expenses, of the O’Neil Growth Index™, and has an expense ratio of 0.55%.

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24 June, 2021 by The TZ Newswire Staff Comments Off on Prime Brokers Face DOJ Collusion Probe Into Archegos Collapse

Prime Brokers Face DOJ Collusion Probe Into Archegos Collapse

Prime Brokers Face DOJ Collusion Probe Into Archegos Collapse

More details about the DoJ investigation into the collapse of Archegos are starting to emerge. Instead of going after Archegos and its founder, ex-billionaire “Tiger cub” Bill Hwang, it looks like the investigation is focusing on the prime brokers that extended his fund the margin it used to magnify the size of his bets on a handful of media and tech stocks, including ViacomCBS.

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24 June, 2021 by The TZ Newswire Staff Comments Off on Indexes Grinding Into Month End ATHs

Indexes Grinding Into Month End ATHs

Indexes Grinding Into Month End ATHs

24 June, 2021 by The TZ Newswire Staff Comments Off on Bitmain ceases Bitcoin miner sales to aid second-hand sellers following China ban

Bitmain ceases Bitcoin miner sales to aid second-hand sellers following China ban

The Bitcoin mining crackdown in China has significant ramifications for the cryptocurrency industry. Bitmain is stepping up its efforts to ease the burden on Chinese miners looking to offload their equipment in light of the ban.

24 June, 2021 by The TZ Newswire Staff Comments Off on Beeple Sold His NFT for $69 Million—But Has a Tough Time Breaking Into the Art World

Beeple Sold His NFT for $69 Million—But Has a Tough Time Breaking Into the Art World

Mike Winkelmann, the artist known as Beeple, is launching a new project but says fitting into the establishment isn’t easy. “I wouldn’t say the art world has been overly welcoming,” Mr. Winkelman said. “Everyone is taking a cautious approach toward me and NFTs, and I get it because it’s all happened so fast.” Source: Artist Beeple Sold His NFT for $69 Million—But Has a Tough Time Breaking Into the Art World