Wall Street analyst makes an evidence-based case for holding (or ‘HODLing’) bitcoin for long term
Looking through the lens of stock investing, a Wall Street analyst says bitcoin is an attractive buy while it remains under pressure here. “The mood in crypto is terrible right now,” Thomas Lee, head of research at Fundstrat Global Advisor...
‘Buy the dip’ looks dead, as final hour of trading now typically sees selling
Buying on the dip seems out of style in the U.S. stock market, as traders are typically dumping stocks right before the close, according to data from Bespoke Investment Group. “The YTD [year-to-date] pattern has been a very big spike...
Tesla’s junk bond tanks below 87 cents on the dollar after downgrade
Tesla’s bond price plunged Wednesday to its lowest level since the note was issued last year, sending its yield above 7 percent. The price drop came a day after Moody’s Investors Services cut Tesla’s credit rating and changed its outlook...
Moody’s downgrades Tesla credit rating on Model 3 production delays
Moody’s downgraded Tesla’s credit ratings Tuesday and changed its outlook to negative from stable, citing “significant shortfall” in the Model 3 production rate and a tight financial situation. The credit ratings agency also said the electric car maker will likely...
Tesla shares fall after Moody’s downgrades credit rating
Moody’s downgraded Tesla’s credit ratings Tuesday and changed its outlook to negative from stable, citing “significant shortfall” in the Model 3 production rate and a tight financial situation. The credit ratings agency also said the electric car maker will likely...
Longfin loses a third of its value after the controversial cryptocurrency stock is booted from the Russell 2000
Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes. Longfin (Ticker: LFIN) traded 37 percent lower Tuesday near $37.31 as of...
Longfin loses more than a third of its value after the controversial cryptocurrency stock is booted from the Russell 2000 index
Shares of Longfin plunged for a second straight day after FTSE Russell said it would remove the stock of the small, cryptocurrency play from the benchmark Russell indexes. Longfin (Ticker: LFIN) closed 41.5 percent lower Tuesday at $34.68 a share....
Shares of retailer-turned-cryptocurrency play Overstock.com crater on share offering
Shares of Overstock.com fell more than 10 percent Tuesday after the company announced its intention to offer 4 million shares of new stock. The e-commerce company said after the markets closed Monday it would issue the new common stock in...
Macau turns to a hub
By Noah Sin Although the sovereignty of Macau was handed to China in 1999, the former colony still bears the signs of four centuries of Portuguese rule. From the bilingual street signs to Macanese cuisine, much of the city is...
Bank of America cuts Facebook stock forecast for second time in 5 days, this time for FTC data probe
For the second time in five days, Bank of America Merrill Lynch reduced its price forecast on Facebook shares as the fallout from the data scandal worsens. The bank slashed its original forecast on Thursday. On Monday, the Federal Trade...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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