In this article, we examine the significant weekly order flow and market structure developments driving GDX price action. As noted in last week’s GDX Weekly, the highest probability path for this week was for price discovery higher. The primary expectation did play out as buy excess formed early week before price discovery higher developed and
$ Coach
At Investing Thrill we are a diverse team of friends … entrepreneurs, business men, investors … male and female…US citizens & not. Our goal is to leverage our experience & passion to provide you info, guidance and inspiration throughout your journey to wealth!
When the crypto market was still at its infancy around half a decade ago, derivative trading in crypto seemed like a distant dream. However, crypto exchanges like BitMEX have made it possible, and in a new development, the exchange announced significant changes to its crypto derivative offerings. The company announced that it is going to
Independent Reserve, one of the largest cryptocurrency exchanges in Australia, is expanding to Singapore after an “overwhelmingly positive” response from the regulator. Adrian Przelozny, CEO and founder of the Sydney-based exchange, announced Friday it had expanded its trading services to users in Singapore, saying in a statement that his team “felt the time was right
Max Boonen is the founder and CEO of crypto trading firm B2C2. This post is the third in a series of three that looks at the structure of crypto markets. Opinions expressed within are his own and do not reflect those of CoinDesk. In the two previous articles, I summarized the evolution of speed in
American Express reported fourth-quarter results that beat analyst expectations, sending the stock higher as card fee revenues grew more than expected. The shares rose 2% in premarket trading Friday. Here’s how the payments company’s results compared to what Wall Street analysts expected: Earnings: $2.03 per share vs $2.01 per share forecast by Refinitiv Revenue: $11.365
Traders work after the opening bell at the New York Stock Exchange (NYSE) on August 5, 2019 in New York City. JOHANNES EISELE / AFP / Getty Images With stocks coming off their first losing week of the year, investors will be looking for the Federal Reserve to soothe markets by reaffirming its position that
Richard Sharrocks A case before the Supreme Court has the power dramatically reshape how the U.S. government polices financial fraud and other misdeeds against consumers — which many experts fear would weaken existing protections and expose the public to more harm. The case, which concerns the Consumer Financial Protection Bureau, could ultimately lead to the
Indiana plans to use $300 million in surplus money to pay for capital projects at its public universities instead of issuing debt as originally planned. Six colleges and universities will get money for building projects that were already in the state budget but had been earmarked for bond funding. Indiana Gov. Eric Holcomb asked lawmakers
Billionaire and hedge fund manager Ray Dalio of Bridgewater Associates said during a CNBC interview on Tuesday in Davos, Switzerland, that investors should be buying this market rather than seeking safety in cash. Cash is trash, said the billionaire hedge-fund legend, who founded Bridgewater in 1975. This simple yet powerful statement sums up the current
Sales of Ripple’s XRP token fell a huge 80% to a record low in the fourth quarter of 2019, according to the latest market report published by the crypto firm earlier this week. The blockchain payments company sold a total of US$13.08 million of XRP tokens between October 1 and December 31 of last year,
In addition to our news roundup, for the next few episodes we’ll also be highlighting select interviews from the CoinDesk crew reporting inside the World Economic Forum in Davos, Switzerland. Today, we’ll hear from former Monero head “Fluffypony” and more from cypherpunk Harry Halpin. Listen or subscribe with your preferred service: Disclosure Read More The
DAVOS, Switzerland – Most Middle Eastern elites at the World Economic Forum are highly skeptical of bitcoin, but there are whispers about its potential for cross-border settlements in the energy sector. According to Egyptian businessman M. Shafik Gabr, chairman of the ARTOC Group for Investment & Development, some Middle Eastern nations are already exploring the
David Solomon, Goldman Sachs Adam Galica | CNBC Goldman Sachs CEO David Solomon told CNBC on Thursday that starting this year, his investment bank wouldn’t help companies go public without at least one “diverse” board member. “Starting on July 1st in the US and Europe, we’re not going to take a company public unless there’s
Pedestrians cover their faces with sanitary masks after the first cases of coronavirus have been confirmed in Hong Kong, China on January 23, 2020. Miguel Candela Poblacion | Anadolu Agency | Getty Images As China’s Wuhan virus spreads, it is expected to continue slamming Chinese and other financial markets, but economists say it may ultimately
Changes are coming to credit scores. That may make it harder for some people to get a loan. FICO, developer of one of the most widely used scores by lenders, announced an update to its scoring algorithm, which will change how consumers’ debt levels are weighed. This latest iteration of the FICO score, available this
Left in the dark about the details surrounding the proposed sale of JEA, a new community-based organization has formed in Jacksonville, Florida, to shed light on what happened during the process of getting bids from buyers interested in the municipal utility. Although the invitation to negotiate was canceled on Dec. 24, Michael Hightower, a former
Main Thesis The purpose of this article is to evaluate the RiverNorth Managed Duration Municipal Income Fund (RMM) as an investment option at its current market price. As my readers are aware, I have been pushing muni bond exposure for some time. However, my outlook turned a bit more cautious towards the end of last
It seems like the banking industry is slowly adopting cryptocurrencies. A group of central banks has come together to assess the potential pitfalls of relying on digital currency, and one of them is the Bank of England. Central Banks Considering Idea of a Central Bank Digital Currency The Bank of England is examining how it
BitMEX is releasing an XRP-U.S. dollar quanto swap targeted at crypto’s budding derivatives market. A quanto swap is a cross-currency interest rate swap where one counterparty pays the other a foreign interest rate. When the contract expires, the notional amount gets settled in cash at a pre-defined exchange rate. These kind of swaps can be
In addition to our news roundup, for the next few episodes we’ll also be highlighting select interviews from the CoinDesk crew reporting inside the world economic forum in Davos, Switzerland. Today we’ll hear from former CFTC Chair Christopher Giancarlo on his proposed Digital Dollar push. We’ll end the show by taking a walk with a
Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China January 7, 2020. Aly Song | Reuters The very short-sellers that Elon Musk skewers frequently for betting against Tesla could ironically help the eccentric chief executive score a big payday. Nearly a fifth of Tesla
Despite a roller-coaster ride in 2019, IPO investors made money, and they are starting off 2020 in the green as well. The Renaissance Capital IPO ETF, a basket of the most recent 60 or so larger IPOs, is at a historic high. It has dramatically outperformed the S&P 500 year-to-date, up nearly 9% versus a
A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Texas Instruments – Texas Instruments’ stock fell 1% in extended trading on Wednesday after
A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images Buyers are trolling the nation’s neighborhoods looking for homes at the fastest pace in nearly two years, making an already critical shortage of inventory even worse. Sales of existing homes rose a steeper-than-expected
Legal struggles over revenue bonds issued by the Puerto Rico Highways and Transportation Authority, Infrastructure and Finance Authority, and Convention Center District Authority intensified this week. On Thursday the Puerto Rico Oversight Board filed three adversary proceedings totaling 2026 pages, each concerning one of the authorities’ bond types. In each, the board challenged bond insurers’
I keep seeing bullish articles on the short volatility trade. This strategy outperformed the markets in 2019, but I felt the need to bring some balance to the discussion. Specifically, we will look at the ProShares Short VIX Short-Term Futures ETF (SVXY), which is the most well-known of the surviving short volatility ETPs following the
Square, the payment services provider founded and run by Twitter’s Jack Dorsey, has won a US patent to launch a new network that enables crypto-to-fiat transactions. Square was founded in 2009 by Jack Dorsey and Jim McKelvey in their hometown of St. Louis, around the same time as Dorsey’s other company, Twitter (NYSE:TWTR), was beginning to
Bitcoin’s lightning torch is back, and it’s zipped through at least 38 countries already. The torch is a digital game first ignited in January 2019 by pseudonymous bitcoin enthusiast Hodlonaut, known for his Twitter avatar of a cat in a spacesuit. Each “torchbearer” sends a tiny amount of bitcoin to the next. A key rule
Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years. Announced Wednesday, the asset manager will continue to donate one-third of the management fees from its Grayscale Ethereum Classic Trust to the ETC Cooperative each quarter through 2021. “It is a big vote of confidence which we
Global index and fund provider MSCI said Tuesday that investors need to more readily integrate ESG metrics, or a company’s environmental, social and governance factors, into investing philosophies. “We are sounding the alarm bells that if you are an investment institution and you’re not embracing this and taking it into account, it’s going to be
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 76
- Next Page »