Did The Market Already Bottom?
If Goldman Sachs is right, the market moves late last week were sufficient to alleviate selling pressure, at least for now. They identified a key line in the sand around 5250 where selling pressure would sharply drop over the coming week from the sell orders that had been slated.
It’s also been a tailwind to see big institutions, » Read more about: Did The Market Already Bottom? »
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Billionaire Bets 30% On 1 Weird Stock
Nelson Peltz is a billionaire whose net worth is estimated at $1.7 billion. We took a deep dive into his portfolio and found an astonishing finding. He bet over 30% of his portfolio on a single stock, a plumbing and heating products distributor.
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3 Top Dividend Stocks To Hold Forever
If you’re looking for dividend stocks to buy, you want to look for some key factors: a stable and rising dividend, a sustainable payout ratio, and ideally a business with a competitive moat. One company that ticks the boxes is Tractor Supply Company, a retail chain that sells products for home improvement,
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3 Stocks That Pay Buffett $2.7 Billion a Year
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2x Champion Trader Goes SHORT
The wild statistics are flying now. At the depths of the price action on Friday, the bearish tape was as bad as any seen since the COVID lows.
2% corrections in the Dow Jones Industrial Average, NASDAQ and S&P 500 all signaled broad-based selling and the obliteration of just about every sector.
Nothing was left unscathed.
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Read MoreThe Burst
1 Weird Seasonal Trend Starting Now
Some things can’t easily be explained in the stock market and seasonal trends rank right up there among the conundrums that puzzle even the smartest investors.
Take for example the case of frozen potato processor Lamb Weston that has a weird seasonal trend starting now. It’s a bit difficult to understand precisely why such a powerful force starts at this time of year for the firm,
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Read MoreThe Spotlight
Billionaire Bets 16.1% of Portfolio on 1 Energy Stock
Billionaire David Tepper has taken big stakes in some of the best known companies on earth. He’s bet 14.1% of his portfolio on Alphabet, 12.0% of it on Amazon, and 8.7% on Meta. Surprisingly though, none of those tech bellwethers eclipse his top holding in a single energy company, Constellation Energy. He’s put an astonishing 16.1% of his portfolio into this one energy stock,
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Read MoreThe Daily
Germany takes down eXch cryptocurrency exchange, seizes servers
The Federal police in Germany (BKA) seized the server infrastructure and shut down the ‘eXch’ cryptocurrency exchange platform for alleged money laundering cybercrime proceeds.
During the law enforcement operation, the authorities also seized eight terabytes of data and cryptocurrency (Bitcoin, Ether, Litecoin, and Dash) worth approximately $38,000,000, making this the third largest seizure of digital assets in BKA’s history.
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