Stocks touch record highs before giving up most of those gains into the close

Stocks touch record highs before giving up most of those gains into the close

Stocks rose on Wednesday, but gave up most of their gains heading into the close even after the U.S. and China signed a highly anticipated phase one trade agreement as most of the details were already known and investors anticipated some speed bumps on the way to phase two’s signing.  The Nasdaq Composite closed just above the flatline. … Read more…

Bitcoin Rhodium

Bitcoin Outperformed by Mysterious Precious Metal With 220% Gains in 2019 – BeInCrypto

Featured Missing Bitcoin Key Appears: Craig Wright’s ‘Shadowy Courier’ Reportedly Delivers Binance Blocks Russian User at Behest of Ukrainian Law Enforcement Ethereum Will Be ‘Investment of the Decade’ If It Follows This Chart Stolen Ethereum From November’s Upbit Hack Still Being Moved (And Tracked) News Analysis All Altcoin Analysis Bitcoin Analysis Ethereum Analysis Bitcoin’s Future … Read more…

Bitcoin

Bitcoin at $100k More Likely Than Ever, Analysts Make Case for Huge Gains – BeInCrypto

Featured Binance Blocks Russian User at Behest of Ukrainian Law Enforcement Ethereum Will Be ‘Investment of the Decade’ If It Follows This Chart Stolen Ethereum From November’s Upbit Hack Still Being Moved (And Tracked) Donald Trump’s Shameless Stock Market Pump Could Affect Bitcoin News Analysis All Altcoin Analysis Bitcoin Analysis Ethereum Analysis Bitcoin’s Future Trend … Read more…

Six themes including China will drive gains

Six themes including China will drive gains

It’ll be an interesting year for exchange-traded funds. ETF industry leaders are watching a handful of themes they see gaining traction in 2020, two such leaders — John Davi, founder and chief investment officer at Astoria Portfolio Advisors, and Armando Senra, head of iShares Americas at BlackRock — told CNBC’s “ETF Edge” on Monday. Here … Read more…

Bitcoin Retraces 45% of Recent Price Gains as Bulls Lose Momentum

Bitcoin Retraces 45% of Recent Price Gains as Bulls Lose Momentum

View Bitcoin continues to lose altitude and risks falling to crucial support near $7,555. A UTC close below that level would invalidate an inverse head-and-shoulders breakout confirmed on Jan. 6. However, the pullback was based on low volumes and could be reversed. A move above $8,000 would imply an end of the price pullback and … Read more…

Small business pay checks are growing at a fast pace as job gains slow

Small business pay checks are growing at a fast pace as job gains slow

A worker of the LIC Corner Cafe prepares an expresso for customers in Long Island City, New York, November 7, 2018. Eduardo Munoz | Reuters Weekly earnings for employees of small businesses grew at an annual rate of 4.1% at the end of the year, the fastest pace since the Paychex/IHS Markit Small Business Employment … Read more…

Oil surges 35% in 2019 and hedge funds are betting on more gains next year

Oil surges 35% in 2019 and hedge funds are betting on more gains next year

West Texas Intermediate crude futures have rallied 13% this quarter and nearly 35% this year, putting oil on track to post its best annual performance since 2016. And now big investors are starting to get on board with the trade. “Hedge funds have swung from extreme bearishness to extreme bullishness,” Ned Davis Research energy strategist … Read more…

Bitcoin Chopping Hard After Giving Back Local Gains — Price Analysis

Bitcoin Chopping Hard After Giving Back Local Gains — Price Analysis

/latest/2019/12/bitcoin-chopping-hard-after-giving-back-local-gains-price-analysis/ Working our way through what is for many a holiday week, Bitcoin (BTC) has again become slightly erratic after giving back most of the gains from its most recent (December 19-23 surge). There is some fighting to keep Bitcoin barely within the scope of that range, but things do not look especially auspicious. Starting … Read more…

Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains

Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains

Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20 that is seeing losses. Market visualization courtesy of Coin360 Bitcoin price is currently up by 3.36% on … Read more…