As many news outlets have reported, the Wuhan coronavirus has hit China hard, and with it, the country’s native blockchain industry has been forced to react.
Regular readers of my musings, god bless ‘em, will be aware that I tend to look for contrarian plays. We live in a world with a short attention span, so headline driven weakness in solid companies is usually an opportunity to buy at a discount.
Given such a strong run for equities in 2019, one might expect markets to cool off a bit in the new year; however, the first month-and-a-half has not seen such a slowdown. Nasdaq Dorsey Wright Monthly Update takes a close look at market indicators.
Given such a strong run for equities in 2019, one might expect markets to cool off a bit in the new year; however, the first month-and-a-half has not seen such a slowdown. Nasdaq Dorsey Wright Monthly Update takes a close look at market indicators.
Given such a strong run for equities in 2019, one might expect markets to cool off a bit in the new year; however, the first month-and-a-half has not seen such a slowdown. Nasdaq Dorsey Wright Monthly Update takes a close look at market indicators.
Nvidia (NVDA) is set to report fourth quarter fiscal 2019 earnings results after Thursday’s closing bell. Unlike previous quarters, during which the U.S.-China trade war posed a headwind, expectations are high.
Roku (ROKU) is set to report fourth quarter fiscal 2019 earnings results after the closing bell Thursday. With year-to-date decline of 7.21%, including 10% over the past months, it would seem investors are taking a wait-and-see attitude with the entertainment platform company.
China says it now has 15,152 confirmed new cases of coronavirus, and US equity futures all point to a drop at the open as fear returns after making new all-time highs multiple times over the past week.
China says it now has 15,152 confirmed new cases of coronavirus, and US equity futures all point to a drop at the open as fear returns after making new all-time highs multiple times over the past week.
“Trade the reaction, not the news” is something I was taught early in my career, and it is especially apt advice when the “news” is not really news at all, but rather confirmation of what we already knew. So, what does the market reaction to yesterday’s comments tell us?
For Klaviyo employees, the recent tender offer facilitated by Nasdaq Private Market offered an opportunity for them to exercise their stock options in the software company and potentially use it for personal benefits, such as a new home or as a means to pay off student debt.
The catalysts for the move higher remained the same with those from the last few days, including reports pointing to a slowdown in the rate of new coronavirus and monetary policy that will remain accommodative
The catalysts for the move higher remained the same with those from the last few days, including reports pointing to a slowdown in the rate of new coronavirus and monetary policy that will remain accommodative
Can Cisco (CSCO) make up for its Q2 guidance miss? The stock has gotten punished over the past six months, falling almost 10%, while the S&P 500 has risen 15% during that span.