Three IPOs raised $2.3 billion last week, led by a $1 billion deal from Dun & Bradstreet (NYSE: DNB). All three IPOs were larger and prices exceeded the range. Business data analytics provider Dun & Bradstreet raised $1.7 billion for a market capitalization of $9 billion. The long-established companyRead More →
Bitcoin (BTC) begins a new week in uncertain times after regaining $9,000, but where is BTC/USD headed in the coming days? Cointelegraph Markets highlights five factors driving Bitcoin price action for the week ahead. Stocks optimism returns with $9K Following a major slide on Friday, stocks futures were gaining earlyRead More →
The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who may be gradually losing theirRead More →
Chinese Bitcoin (BTC) miner manufacturer Ebang will reportedly be listed on Nasdaq Global Market under the ticker EBON later this week, becoming the second crypto mining company to go public in the United States. According to a report from Chinese crypto news outlet Blockbeats, Ebang will be officially listed onRead More →
Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price performance in the coming days. Stocks recover from coronavirus worries The start of this week marksRead More →
European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →
The New Normal Another crazy week comes and goes and thing that has really stuck with me is how normal the extraordinary suddenly seems. On Thursday, the Dow fell almost 7% and, sure, it was newsworthy but it wasn’t shocking. This is the 22nd biggest ever drop in the indexRead More →
U.S. stock-market futures edged higher Sunday evening in thin trading, as Wall Street equities looked to add to a rally toward records for the Nasdaq Composite that concluded trade last week on the back of improving economic data in the face of a viral outbreak. How are benchmarks faring? FuturesRead More →
Bitcoin (BTC) is going into the third week of its new halving cycle just $550 away from five figures — but what could really impact price this week? Cointelegraph takes a look at the main factors that could help — or hinder — the biggest cryptocurrency over the coming days. Read More →
It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, a discussionRead More →
In the busiest week for the IPO market since February, four IPOs plan to raise $2.9 billion, including the largest US IPO of 2020. In what would be the largest IPO year to date, record label giant Warner Music (WMG) plans to raise $1.7 billion at a $12.8 billion marketRead More →
The breadth and intensity of this week’s coronavirus-fueled selloff in U.S. stocks has some analysts scratching their heads. Thomas Lee, founder of Fundstrat Global Advisors, may be one of the few to acknowledge that something isn’t right with a market that was just enjoying a record close days ago. “ThisRead More →
Two SPACs entered the public market this past week, raising nearly $320 million. Three companies and one SPAC submitted initial filings. dMY Technology (DMYT.U) raised $200 million at a market cap of $250 million. The blank check company, led by former Glu Mobile CEO Niccolo de Masi, is aiming toRead More →
The economic calendar is modest, but important, with an emphasis on inflation and confidence – both business and consumer. We will see reports from over 60 S&P 500 companies, and the results of the New Hampshire primary. That includes plenty of real news, but I expect a somewhat different focus.Read More →
Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with closeRead More →
Introduction The Weekly Breakout Forecast continues my doctoral research analysis on MDA breakout selections over more than 5 years. This subset of the different portfolios I regularly analyze has now reached 141 weeks of public selections as part of this ongoing live forward-testing. In 2017, the sample size began withRead More →
European markets fell into the red on Friday, and were headed for the worst weekly loss in months, as the U.K. reported its first cases of coronavirus and data showed softer growth in the eurozone. The Stoxx Europe 600 index SXXP, -0.62% fell 0.5% to 413.07 after closing down 1%Read More →
By Wayne Cole SYDNEY (Reuters) – Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, even as headlines spoke of more cases and deaths. Sentiment got a timely boost when Amazon’s sales blew pastRead More →
The Federal Reserve seems on course to disappoint financial markets at some point this year, but maybe not this week. Starting early in 2019, the Fed has consistently moved in a market-friendly direction. The central bank cut rates its benchmark interest rate three time since July and started expanding itsRead More →
Earnings season is beginning to ramp up, and it will be one of the busiest weeks of the year thus far with six Canadian Dividend All-Stars scheduled to announce earnings. Three of which are expected to announce their yearly dividend raise. First, let’s look at what was an uneventful pastRead More →
A week that started with a coronavirus panic looks set to end on a high note. Earnings optimism and the fact that investors no longer seem to be panicking over the deadly China illness is helping. Wall Street has also been distracted by red-hot Tesla TSLA, +0.46% shares, up 12%Read More →
In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly, the primary expectation for this week was for price discovery lower, barring failure of 62.22s as resistance. This expectation did play out as price discoveryRead More →
In this article, we examine the significant weekly order flow and market structure developments driving NG price action. As noted in last week’s NG Weekly, the highest probability path for this week was for price discovery higher barring 2.15s-2.08s failing as support. This probability path did not play out asRead More →
Long-dated U.S. Treasury yields edged higher Friday after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit that is nearing 5% of gross domestic product. However, yields have been little-changedRead More →
U.S. stock futures headed higher Friday morning, setting the three main equity gauges up for new records in just the third week of the year, after data showed China’s economic growth picked up in December, though annual growth was the weakest in about three decades. Gains have been mostly aidedRead More →
