Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear and Greed Index had dropped back to back to “Extreme Fear,” reflecting softening sentiment among investors.
Municipals were little changed Wednesday, being cut a basis point or two in spots to close out August, while U.S. Treasuries sold off ten years and out and equities ended in the red. “The tone heading into month end remains mostly unchanged from the post-rate hike/post-Jackson Hole dialogue, with conflicting metrics holding back more momentum
In today’s episode of let’s talk stocks, we are going to take a look at how to read stock charts for beginners. We’ll cover the basics of chart reading, different types of stock charts and the one I recommend, different time frames when looking at stock charts, also you’ll see me evaluate a few stock
Ben Rains dives into the stock market which fell after Jay Powell’s Jackson Hole speech where he reaffirmed the Fed’s resolve to fight 40-year high inflation. With surging prices still a major issue and the Fed determined to keep up its fight, investors might want to buy stocks poised to outpace inflation heading into September
Gone are the days when buying company shares required a ton of paperwork. In this video, we’ll show you how to buy stocks effortlessly, how deals are executed on the exchange, and how to calculate your budget. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest
Miami-Dade County is looking to a long-term public private partnership to transform a swath of underused county-owned downtown Miami into a high-density new neighborhood complete with a transit terminal, schools and parks. The county floated a draft Request for Proposals two weeks ago outlining potential terms. The MetroCenter redevelopment spans 17 acres and could total
A real estate consultant shows a condo to a prospective buyer in Miami, Florida. Joe Raedle | Getty Images After falling back earlier this month, mortgage rates began rising sharply again to the highest level since mid-July. That caused mortgage demand to pull back even further. Total mortgage application volume fell 3.7% last week compared
The chief global strategist of JPMorgan Asset Management has advised investors to focus on valuations, invest in value stocks, sell crypto, and steer clear of bitcoin. “The Federal Reserve is overestimating the strength of the U.S. economy as it feels guilty about the fact that inflation went up under their watch,” he said. JPMorgan Strategist’s
On Aug. 30, global investment bank UBS increased its view on the risk of the United States entering a recession within one year to 60%, up from 40% in June. According to economist Pierre Lafourcade, the latest data showed a 94% chance of the economy contracting, but added that it “does not morph into a
Municipals were steady to weaker in spots Tuesday, while U.S. Treasuries were mixed and equities ended down. The two- and three-year muni-UST ratios are around 65% to 67%. The five-year was at 71%, the 10-year at 83% and the 30-year at 102%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the five
Rishi Sunak, Tory leadership contender, has warned that it would be “complacent and irresponsible” to ignore the risk of markets losing confidence in the British economy, as wagers against UK government debt sent short-term borrowing costs in the gilt market soaring. In an interview with the Financial Times, Sunak said his leadership rival Liz Truss
There are advantages and risks to both swing and day trading. You can determine which to practice based on the current market. Swing Trading v. Day Trading Swing: -Potential to make more money than with day trading -Going across multiple days (e.g. a 100 day period) -You do have the risk of holding positions overnight;
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Trading 212’s fractional shares feature lets you invest small amounts, even in the highest-priced stocks, and this video is going to explain just how you can get started. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade and invest for free – https://www.trading212.com/en/Practice-for-Free-GBP Download the free native mobile
In early June, we discussed the possibility that a window of opportunity might be opening for Manhattan buyers as deal volume fell. In July, we thought the market was crashing back to normal with fear levels outpacing the data. Now, in August, the window of opportunity may be open as the market is softer —
Public power agencies notched a long-sought victory with the new climate law, which for the first time grants them access to tax credits for renewable energy projects. “This will be a sea change in how states and local governments and other tax-exempt entities approach the development of new and existing technology, including wind, solar, storage
Major pension legislation was cited as Vermont’s rating outlook was raised to stable from negative by S&P Global Ratings. In a report that also affirmed the state’s AA-plus general obligation bond rating, the rating agency said Vermont currently ranked sixth highest in the nation for unfunded retiree health care benefits and eighth highest for unfunded
The Netflix logo is seen on a TV remote controller, in this illustration taken January 20, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading. Catalent Inc. – Shares of pharmaceutical company Catalent fell 7.4% after earnings that disappointed Wall Street. While Catalent beat expectations for earnings, its revenue and
The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000 with both the bulls and the bears vying for supremacy. Although several analysts are bearish on Bitcoin in the near term, it has
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a recent housing
The EU is preparing emergency measures to curb the price of electricity by separating it from the soaring cost of gas, as Shell warns the energy crisis could last for years, and utilities turn to the state for support. With member states stepping up pressure for action, European Commission president Ursula von der Leyen said