So you’ve pivoted to the upper echelons of your newfound expertise and are looking to increase your skill set to enable a greater understanding of the markets. When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement of an asset as well as defining the
admin
As the story goes, one day the legendary J. P. Morgan was walking along the beach with a client. Morgan pointed to all of the beautiful yachts at anchor in the harbor naming their prestigious owners. Reputedly, the client said: “Where are all the customers’ yachts?” Ironically, today one might switch the tale and ask
The Mercedes-Benz S-Class is as elegant as you’d imagine, but is more fun to drive than you might expect.Mercedes-Benz “Smooth” is the best word we could come up with to describe the recently refreshed Mercedes Benz S-Class. The flagship of the line is handsomely styled on the outside with one of the most elegantly cast interiors
Wall Street is abuzz this week amid a surge in the yield for the benchmark 10-year Treasury note, which has repeatedly topped levels not seen since 2011 over the last few days. But while the multiyear highs above 3 percent are notable by themselves, bond traders are also impressed by how quickly rates have broken
FANG got wrecked this week. Facebook, Amazon, Netflix, and Google parent Alphabet plummeted on Thursday, compounding weakness that has plagued the broader tech space. At least one of those names could have hit a bottom, according to Matt Maley, equity strategist at Miller Tabak. “The stock that I think could be compelling down here is
There’s no doubt that Americans are showing more and more interest in cryptocurrency. A recent survey from LendEDU found that Bitcoin ownership in the U.S. is just below 14%, with over 17% interested in adding it to their portfolio in the future. One of the biggest barriers for investors to enter cryptocurrency investing is security.
Adam White, one of U.S.-based crypto exchange Coinbase’s most senior executives and fifth-ever employee, is leaving the company. White, whose most recently led the institution-focused section of the firm’s operations, was said to departing by Coinbase on Thursday, a Reuters report indicates. According to his LinkedIn profile, he has held the dual roles of vice president and
There’s a new stock market story in town: Strength in the U.S. economy is morphing into a yield story. It’s not that surprising. What is surprising is that it took so long to develop. Some have been waiting for years for rates to rise. What’s up with these rising yields? 1. Very strong U.S. economic
Check out the companies making headlines after the bell: Tesla stock dipped 2 percent in the extended session following a tweet by CEO Elon Musk that mocked the Securities and Exchange Commission, just days after the two reached a settlement to drop fraud charges against Musk. Musk tweeted shortly after the market close on Thursday,
It’s been a year full of trials for Facebook. From the Cambridge Analytica case and concerns over privacy and data protection, to the ongoing proliferation of hate speech on the platform and a dramatic drop in value after second-quarter results, many are wondering about the future of the social media site. However, the bottom line
The U.S. economy is growing at a healthy pace, the labor market is its tightest in years and consumer confidence hasn’t been this high since 2000. But one warning sign of trouble could be flashing in the housing market, according to forecaster Lakshman Achuthan. “Our leading home price index has made a downturn that it
Here’s a good reason for the happily married to rejoice: They have better access to a tax-friendly retirement savings strategy. Generally, a Roth individual retirement account allows savers to put away up to $5,500 (plus $1,000 if you’re age 50 or older), have the money grow free of taxes and then tap it in retirement
Today, StellarX launches! StellarX is the Stellar network-based zero-fee decentralized cryptocurrency exchange. The company behind the platform, Interstellar, announced the upcoming launch via a Medium blog post on September 28th. XLM has yet to be positively affected by the news. StellarX Launches! Previously, StellarX was open only to a number of individuals who signed up
With bitcoin (BTC) stuck in a narrow trading range for the 13th day in a row, the bulls need to force a move above $6,800 to confirm a breakout, according to the technical charts. BTC has been restricted to a narrow range of $6,800 to $6,500 since Sept. 22 and this lack of clear directional
Bitcoin bears have been emboldened by repeated rejection from a key moving average hurdle, but they may take a breather over the next 24 hours as the price heads for another key trendline of support. The world’s premier cryptocurrency is lacking a strong bullish or bearish bias in the near-term given that its price action
Check out the companies making headlines after the bell: Cloudera shares jumped more than 18 percent and Hortonworks shares surged about 19 percent in after-hours trading after the two software companies announced a merger. The deal would be an all-stock merger of equals, and the companies expect to complete the transaction in the first quarter
Located at Kukui’ula on the south shore of Kauai in Hawaii, the home features seamless indoor-outdoor living with dramatic ocean views.Courtesy of Kukui’ula A custom-designed home on Kauai inspired by the designs of famed mid-century Hawaiian modernist Vladimir Ossipoff, is on the market for$6,950,000. Located at Kukui’ula on the south shore of Kauai in Hawaii,
Home values are high, the housing market is competitive, and more buyers want to get in. As a result, an increasing number of buyers are lying and cheating. Mortgage fraud risk jumped more than 12 percent year over year at the end of the second quarter, according to CoreLogic, which measures six fraud indicators: identity,
As of the end of 2017, more than 2 out of 3 retirement plans at Vanguard offered a Roth 401(k) option, and 12 percent of participants with these plans chose to contribute to them. While a traditional 401(k) allows you to save money on a pre-tax basis, you’re using after-tax dollars to contribute to a
Rally, a user-centric marketplace for content sharing built on Ethereum, has just started the Rally Airdrop with an allocation of a whopping two billion Rally coins as rewards for new users joining, referring, and engaging. The platform is dedicated to revolutionizing the concept of content sharing through transparency and decentralization, bypassing digital monopolies and empowering
With transaction fees “volatile and unpredictable,” sending cryptocurrencies can sometimes be frustrating. So says U.S.-based crypto exchange Coinbase in a new blog post that sets out the issues rising from shifting miner fees, and exactly what it has been doing to address the problem. As most who have sent or received bitcoin will know, the
Amazon’s latest move is creating a new headache for fellow retailers. Shares of most retailers are down 3 percent to 5 percent on Tuesday, including big names like Ascena, Abercrombie & Fitch and Gap plus smaller retailers like Buckle. This time the headache is from an entirely different line of attack: wages. Amazon‘s decision to
The biggest U.S. cryptocurrency company has reportedly been valued at billions of dollars and that’s a bullish sign for the industry’s legitimacy, according to former Fortress hedge fund manager Michael Novogratz. Coinbase is negotiating a deal with investment firm Tiger Global that would value it at about $8 billion, technology website Recode and Dow Jones
Villa PassalacquaConcierge Auctions Actor George Clooney introduced Americans to Italy’s Lake Como when he purchased Villa Oleandra in 2002, but he was late to the game when compared with the nearby Villa Passalacqua. Winston Churchill stayed here. So did Napoleon about a century beforehand. In fact it was his chief artist who completed many of the fresco ceilings that are still in
What started as a blip is now a year-long slump for Manhattan real estate. And it shows no signs of turning around. Total real estate sales in Manhattan fell 11 percent in the third quarter compared with a year ago, marking the fourth straight quarter of double-digit declines, according to new data from Douglas Elliman
Without even thinking about it, we interact with artificial intelligence every day. Siri finds nearby pizza places or dry cleaners. Alexa turns on lights and gives the day’s forecast. So it may come as no surprise that AI is now a deep but unseen part of your job hunting. Just as spellcheck alerts you to
In today’s edition of Ethereum news, we’ll cover the details of Ethereum Startup Parity Technologies adding Casper code to their blockchain toolbox and why Ethereum’s co-founder, Joe Lubin, invested in a competitor. Ethereum News: Parity Technologies and Casper Parity Technologies, an Ethereum startup, has just added an early version of the highly anticipated Casper code
Bitcoin price is vulnerable to modest slippage as the persistent failure to beat a key moving average hurdle may embolden the bears. The leading cryptocurrency has been in a narrow sideways drift in recent days. More importantly, the sideways moving 50-day exponential moving average (EMA) has proved a tough nut to crack since Saturday. BTC’s
Venezuela’s economic crisis continues to worsen, despite the president’s controversial attempts to revive his country. The demand for Bitcoin (BTC) and other cryptocurrencies continues to rise this year, as the country’s dollar, the bolivar, continues to drop. Venezuela has hit crisis mode extreme, but can BTC save them? Bitcoin Booming in Venezuela According to Coin
(Photo by Mark Schiefelbein- Pool/Getty Images) Chinese corporations are all over Africa. In June 2017 a McKinsey & Company report estimated that there are more than 10,000 Chinese-owned firms operating in Africa. What are Chinese corporations doing in Africa? That’s a highly controversial issue. The reason Chinese corporations are in Africa is simple; to exploit the