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Cryptocurrencies

“Bitcoin plunged 28%. Institutional investors bought the dip”

“Spot crypto exchange-traded funds show that many investors bought the dip this week. The sell-off in bitcoin and ether began earlier this week and wiped out $367 billion in value just as markets in Japan were nosediving. The next read… Continue Reading…

Stocks

“1 Super Semiconductor Stock Down 42% You’ll Wish You’d Bought on the Dip”

“…That company is Axcelis Technologies (NASDAQ: ACLS). Axcelis stock has gained a whopping 537% over the past five years, even after accounting for the 42% slump from its all-time high, which was set last September. Despite its massive returns, it remains one… Continue Reading…

Economy, Stocks

“‘Big Short’ Investor Congratulates Market Dip Buyers. ‘I Was Wrong to Say Sell.’”

““Big Short” investor Michael Burry admitted Thursday that his bearish warning about the stock market earlier this year has so far been proven wrong by traders lining up to buy the dip. Burry is best known for his bet against… Continue Reading…

Stocks

“Tesla shares dip after third-quarter production and deliveries report”

“Shares of Tesla slid about 7% early Monday after the electric vehicle maker released third-quarter production and delivery numbers on Sunday that fell short of analysts’ estimates.  Tesla reported 343,000 total deliveries and 365,000 vehicles produced during the quarter, which missed analysts’ expectations of… Continue Reading…

Stocks

“Stock market: Here’s what usually happens after a 20% plunge”

“…The S&P 500 has been higher three years later in eight out of nine cases in which the index has fallen 20% or more from an all-time high going back to 1957, according to research from Truist co-chief investment officer Keith… Continue Reading…

Stocks

“Stocks dip as April sell-off continues, global slowdown fears loom”

“…Fear about a global economic slowdown loomed as Asian stock markets cratered Monday amid concerns about Covid case spikes in China. Oil prices declined and yields retreated on the fears. Wall Street is also bracing for a stacked week of earnings, including reports… Continue Reading…

Real Estate

“Small landlords dip into savings as their tenants struggle to pay rent”

“More renters are unable to make their monthly payments, and that is having an outsized impact on the nation’s “mom and pop” landlords. Nearly a third of renters who live in single-family or small multifamily properties owned by individual landlords… Continue Reading…

Economy

“Defying predictions, economy gains 2.5M jobs and unemployment dips to 13.3%…”

“The economy unexpectedly gained 2.5 million jobs in May after record losses the prior month as states began allowing businesses shuttered by the coronavirus to reopen and many Americans returned to work. The unemployment rate fell to 13.3% from April’s 14.7%, which was the… Continue Reading…

Economy

“New York City’s Population Dips for First Time in Over a Decade”

“The nation’s largest city is losing population for the first time in more than a decade, new federal estimates show…” https://www.wsj.com/articles/new-york-citys-population-dips-for-first-time-in-over-a-decade-11555560060 This might not look like a business article at first glance. This is article is important in regards to… Continue Reading…