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Ethereum hit record highs yesterday as crypto investors prepare for futures contracts and other products. ETHUSD, the second biggest cryptocurrency by market cap, passed $1,500 for the first time on Tuesday. Unlike larger peer Bitcoin (BTCUSD), which broke its 2017...
Bitcoin broke out to new highs in December, and now Ethereum is trying to follow suit. Click here to view the related idea and chart analysis on TradingView.
The economic picture continues to improve as coronavirus comes under control, housing booms and energy rallies. The Congressional Budget Office estimated real gross domestic product (GDP) will return to pre-pandemic levels by the middle of this year. That's much more...
GameStop's short squeeze is one of the most discussed news stories this year. Whatever you think of it, one thing is clear for investors: It shows the risk of "crowded trades." A "crowded trade" is a popular position or theme embraced by large numbers of investors. It...
The GameStop short squeeze has spread waves of uncertainty across the market, overshadowing major earnings and economic news. The S&P 500 plunged 3.3 percent between Friday, January 22, and Friday, January 29. It was the biggest weekly decline since October, with...
Apple led a busy week of earnings by crushing estimates as users clambered for new iPhones. Most other companies also had strong results -- especially chip makers and industrials. The tech giant generated $65.6 billion of revenue from iPhones last quarter, up 21...
GameStop just had one of the craziest trading sessions in recent memory. The video-game retailer entered the session with a year-to-date gain of over 1,600 percent, propelled by a short squeeze of epic proportions. Seconds after 10 a.m. ET, it reached a high of $483....
As the economy staggers back from coronavirus, a split is appearing in the world of transportation. Railroads are thriving and air travel is struggling. Consider these two points from yesterday: The Association of American Railroads reported that train traffic...
Bitcoin has bled lower for the last three weeks, but some interesting things appeared on the chart today. Click here to view the related idea and chart analysis on TradingView.
GameStop's epic short squeeze is a stunning example of how quickly markets can change. A big example of this appeared on Google Trends. This screenshot compares interest in GameStop (GME) and Tesla (TSLA) on Google Finance over the last seven days. A week ago, GME had...