India's Biggest Ever Initial Public Offering Crashes 27% On IPO Day
Article By:
Rick Ristov
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Friday, November 19, 2021 5:21 AM EST
Just like the rest of global equity markets, 2021 has been a monumental year for Indian stocks and it culminated overnight with the nation's biggest ever IPO.
Bitcoin Taproot Is Live & Here’s What You Should Know
Article By:
Rick Ristov
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Friday, November 19, 2021 4:56 AM EST
The activation of Bitcoin's Taproot upgrade went live this week. The update comes just as it appeared that Ethereum was about to overtake Bitcoin.
Ford And GM Will Develop Their Own Microchips To Combat Shortages
Article By:
Rick Ristov
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Friday, November 19, 2021 4:36 AM EST
To combate shortages, the top automakers will align with computer-chip makers to develop and potentially manufacture chips.
Support Test In The Russell 2000
Article By:
Rick Ristov
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Friday, November 19, 2021 4:19 AM EST
All action appears to be focused on the Russell 2000 as it drifted toward breakout support as other indices protect their swing low rallies.
You Have Not Missed It
Article By:
Rick Ristov
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Friday, November 19, 2021 3:38 AM EST
Recently, 10-year inflation breakevens reached 2.78% – matching the all-time highs (since TIPS were issued in 1997) from 2005.
In this article: TSLA
Gold-O-Mania Is Coming
Article By:
Rick Ristov
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Thursday, November 18, 2021 5:11 AM EST
Are we today seeing Bitcoinomania similar to Tulipomania in the 1630s?
Cryptocurrencies Get A Healthy Reset
Article By:
Rick Ristov
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Thursday, November 18, 2021 4:02 AM EST
Pretty much everyone in crypto is hurting this week, with the overall Cryptocurrency market cap decreasing by over $300 billion since Sunday, Nov. 14.
Cloud Stocks: Shopify Expands PaaS Integrations
Article By:
Rick Ristov
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Wednesday, November 17, 2021 5:25 AM EST
Earlier last month, Ontario-based Shopify announced its quarterly results that missed market expectations.
In this article: SHOP
Biden-Xi "summit" Leaves Markets Unmolested, While Bailey Continues To Blame Investors For Misunderstanding Him
Article By:
Rick Ristov
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Wednesday, November 17, 2021 5:09 AM EST
The much-heralded Biden-Xi meeting left little impression on the capital markets. Equities in the region were mixed, and China's main markets fell, alongside Australia, South Korea, and India.
Consumer Continue To Splurge, Retail Sales Up Another 1.7% In October
Article By:
Rick Ristov
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Wednesday, November 17, 2021 4:24 AM EST
Consumer spending rose another 1.7% in October easily beating the consensus estimate of 1.0%.