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Cryptocurrencies

“Crypto selloff wipes out $367 billion in value as bitcoin, ether plunge” [Aug 5 2024]

“…Led by a drop of 15% in bitcoin in the past 24 hours and a 22% plunge in ether, the overall value of cryptocurrencies sank by about $367 billion, according to CoinGecko data, the the market recovered some later in the day.… Continue Reading…

Stocks

“Selloff in Stocks Isn’t Over Yet, Says Morgan Stanley”

“…Strategist Michael Wilson, who has long been a skeptic of the decade-long bull run in US stocks, said in a note that even after five weeks of declines, the S&P 500 is still mispriced for the current environment of the… Continue Reading…

Stocks

“GameStop Stock Fell So Much It Had to be Halted. That Didn’t Stop the Selloff.”

“GameStop stock dropped suddenly Monday morning, prompting a brief halt due to volatility. The stock fell wider than 15% to as low as $223.00, bounced back, and then fell even lower. Shares of videogame retailer GameStop (ticker: GME) this month have… Continue Reading…

Stocks

“Stock market is at the start of a selloff, says veteran trader Larry Williams”

“You should trust your instincts if you’re nervous because of the wobbly action in the S&P 500 Index SPX, -1.11%,  Nasdaq COMP, -1.07%  and the Dow Jones Industrial Average DJIA, -0.87%  since these indices got slammed in early September. Starting right about now, the stock market will see a… Continue Reading…