As more people enter the cryptocurrency ecosystem than ever, it’s important to rehash a few common concerns about keeping cryptocurrency safe. Many beginner to intermediate-level users wonder whether or not they should have a dedicated cryptocurrency wallet for each digital asset. One of the best ways to guarantee security, beyond taking the usual precautions like […]
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The Dow Jones fell more than 800 points on Wednesday. Fears about lockdowns in Germany and France triggered a stock market crash in Europe that spread to Wall Street. Rising U.S. coronavirus hospitalizations and election jitters continue to weigh on Dow bulls. The Dow Jones crumbled another 800 points Wednesday, as lockdowns in Europe sparked […]
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The Dow Jones rose more than 300 points on Monday. Investors cheered strong ISM data and progress towards fiscal stimulus in Congress. Joe Biden’s strong polling is looking positive for Wall Street. The Dow Jones rallied to start the week, as investors responded to stellar PMI data and reports that President Trump’s condition is improving. […]
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17-year-old Tesla is now more valuable than 83-year-old Toyota (less its Treasury holdings). Investors seem to have ignored Elon Musk’s tweet from weeks ago that said the stock price was too high. Competition is heating up in the alternative energy vehicle category from both new and old automakers. Tesla (NASDAQ:TSLA) hit a milestone Wednesday by […]
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For more than 20 years, the stock market has made its most significant gains at the same time: overnight. After-hours trading for the S&P 500 has generated almost 600% while intraday gains are flat since 1993. The phenomenon has been even more pronounced since the great March 2020 selloff. Timing is everything in the stock […]
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JPMorgan wants more QE from the Federal Reserve. Meanwhile, CEO Jamie Dimon is arguing that wealth inequality is a growing problem in the U.S. economy. Here’s why Dimon’s comments are so hypocritical. In a move that surprised nobody, JPMorgan Chase joined Goldman Sachs in claiming that the Federal Reserve needs to institute more quantitative easing […]
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More details on the PlayStation 5 are here. We’ve learned just how much faster it is than the PlayStation 4. Paired with Unreal Engine 5, Sony’s machine is sure to be a beast. It’s not a surprise that Sony’s upcoming PlayStation 5 will be more powerful than the PlayStation 4 and its seven-year-old hardware. That […]
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The Dow Jones rallied more than 300 points on Wednesday, erasing most of the previous day’s losses. Stock market bulls ignored several big warnings from the Federal Reserve and World Health Organization. The Dow is proving remarkably resilient as Donald Trump gets tough on China. The Dow Jones leaped higher on Wednesday, erasing most of […]
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Cryptocurrency scams in 2019 had more risk for U.S. residents than fraud involving romance or payments. That’s the conclusion of a recent report by the Better Business Bureau (BBB), a nonprofit organization focused on marketplace trust. The report found an average dollar loss in crypto-focused fraud of $3,000 for victims age 25 to 44. The […]
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The Dow Jones Industrial Index rebounded by more than 2% Monday. Many investors might be tempted to buy more stocks, thinking the rebound will continue. In most cases, they should wait to see the full economic impact of the coronavirus. The Dow Jones Industrial Index (DJIA) fell 12.4% last week. The index hasn’t plunged that […]
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