Cryptocurrencies

“Bitcoin plunges 30% to $30,000 at one point amid broad cryptocurrency sell-off”

“Bitcoin plunged to near $30,000 at one point on Wednesday morning, continuing a major sell-off in the cryptocurrency markets that began a week ago. The digital currency was down about 13% for the day shortly before noon ET at $37,490, according… Continue Reading…

Economy

“Bars selling alcohol after 11 p.m. again is good for the economy, tourists say”

[MYRTLE BEACH, S.C.] “The “last call” order went into effect in July which prohibited restaurants and bars from selling alcohol after 11 at night. Its purpose was to slow the spread of the coronavirus and it prevented one Myrtle Beach… Continue Reading…

Banking

“US bond sell-off stirs warnings over stock market strength”

“If inflation expectations remain upbeat, they could help to rebalance stock markets, sapping high-growth sectors like technology while boosting long unloved sectors such as financials and energy, which are typically more positively correlated with rising inflation…” https://www.ft.com/content/00c99cd2-7f9a-4a37-bb20-ce8d96f2527f?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev This is extremely… Continue Reading…

Cryptocurrencies

“Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic”

“Over the last 24 hours, the cryptocurrency declined by more than $8,000 to $32,400, an over-20% fall from levels over $40,800 late on Sunday (UTC). The cryptocurrency was last seen changing hands up slightly near $35,380 – still down 13.6%… Continue Reading…

Personal Finance

“How an 18-year-old has made more than $30,000 in about 3 years selling Lego online”

“Selling his old Lego pieces over the first six or so months brought Fiore about $200. Fiore, who is about to turn 18, has turned the side hustle into a business, Summerfield’s Toys, through which he sells different Lego sets and minifigures online… Continue Reading…

Stocks

“Travel stocks are ‘very vulnerable to a sell-off’ heading into Thanksgiving, trader warns”

“From escalating tensions between the U.S. and China, the highly infectious coronavirus pandemic outbreak, and the 2020 presidential Election, this year has turned into a rollercoaster ride for investors. Forced lockdowns weighed down industries like the oil & gas sector,… Continue Reading…

Stocks

“25 Energy Stocks To Buy Or Sell After The Election”

“#1. Array Technologies… went public about a month ago and managed to charge straight out of the gate, surging 79% in its first three trading days to give the maker of solar-powered equipment a market valuation of $5 billion. However,… Continue Reading…

Stocks

“5 Stocks to Sell or Stay Away From in November”

“While some hard-hit industries have seen some level of recovery as the economy takes a phased approach to reopening, many companies need to operate at full capacity to maintain their business and move toward expansion. But these plans have been… Continue Reading…

Predictions, Opinions, & Comments

Stocks: Short Selling Tip

I never thought about short selling in this way because I don’t short sell. This idea just hit me which seems so obvious that everybody that uses it will benefit when short selling. You know all those “bad companies” that… Continue Reading…

Stocks

“7 Overvalued Stocks Investors Should Sell This October”

“Just because a stock is trading near all-time highs doesn’t mean it’s overvalued. With that being said, it’s hard to imagine how these equities could be perfectly priced when you consider all they stand to lose… Tesla (NASDAQ:TSLA) Workhorse (NASDAQ:WKHS) Apple (NASDAQ: AAPL) Zoom (NASDAQ:ZM)… Continue Reading…