Bitcoin Perma-Bull Tom Lee Rings Warning Bell on ‘Treacherous’ BTC Trading

Amid a volatile week for bitcoin, Fundstrat’s Tom Lee has come out urging against anyone considering trading BTC in the foreseeable future. Tuesday marked a three-month low for bitcoin as a 17% freefall weakened underlying support significantly, leading BTC to breach well into $8,000 territory. As if to pour salt in the wound, yesterday saw […]

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Prominent Investor Sees Big Breakout For S&P, Says Bears Lost Control

Amidst a slight pullback in the U.S. stock market, Ed Yardeni, president of Yardeni Research, said that the S&P 500 is expected to see a big breakout heading into 2020, predicting an increase to 3,500 points. The S&P 500 slightly dipped on Friday as the U.S. stock market experienced a swift sell-off. | Chart: Yahoo […]

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This Vegan ETF Is the Most Woke Millennial Thing Ever – CCN.com

The New York Stock Exchange welcomed its newest ETF recently, known as the U.S. Vegan Climate ETF, which trades under the symbol VEGN. Passive ETFs are all the rage, as investors seem more interested in passively investing in general concepts as opposed to permitting fund managers to actively shift assets around in a themed ETF. […]

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Stock Market Rally Proves Rate Cut Would Be a Mistake: Byron Wien

Byron Wien at the start of the year predicted the stock market would advance 15 percent in 2019. Now he says Fed should leave rates alone. | Source: REUTERS/Brendan McDermid By CCN Markets: Wall Street veteran Byron Wien has a reputation as a  prognosticator in the stock market, and so when he makes predictions, you […]

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Dow Secures 265 Point Rally But Crippling Recession Fears Linger

The Dow secured a 265 point rally to close the week, but crippling recession fears continue to threaten the U.S. stock market. | Source: AP Photo / Richard Drew By CCN Markets: The Dow and broader U.S. stock market advanced Friday, as traders looked past an ominous recession warning from the government bond market. Dow […]

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Dow Teeters on the Edge as 30-Year Bond Yield Crashes to Record Low

The Dow Jones fought to secure modest gains on Thursday, even as the 30-year Treasury yield crashed to a record low below 2%. | Source: Drew Angerer / Getty Images / AFP By CCN Markets: The Dow and broader U.S. stock market traded mixed on Thursday, as the flight to safety assets triggered another steep […]

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Dow Suffers 750 Point Crash as German Economy Teeters on Recession

The Dow suffered a vicious 750 point crash as the German economy teetered on the brink of a devastating recession. | Source: REUTERS/Kai Pfaffenbach By CCN Markets: The Dow and broader U.S. stock market plunged anew on Wednesday, erasing the previous day’s recovery after a slumping German economy raised red flags about the health of […]

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Dow Feasts on Apple Rally, But Tariff Delay Won’t Fix Trump’s Trade War

The Dow enjoyed a delicious rally as major compontent Apple soared, but the tariff delay won’t solve Trump’s trade war dilemma. | Source: AP/Richard Drew By CCN Markets: The Dow and broader U.S. stock market shot higher on Tuesday, bucking a dismal start to the trading day after the Trump administration announced it would delay […]

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Dow Plunges 400 Points as Haven Demand Fuels Gold & Treasuries

The Dow plunged below 26,000 as demand for safe haven assets fueled spikes in gold and US Treasury bond prices. | Source: REUTERS/Brendan McDermid/File Photo The Dow and broader U.S. stock market plunged anew on Monday, as threats to global economic health fueled a massive rally in haven assets like Treasuries and gold bullion. According […]

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