The single most important thing to do today is “watch and wait.” Stocks got slammed yesterday. For all of the carnage, the S&P 500 held its bull market trendline. If the TOP is indeed in as many are claiming, we should take this line out shortly. Something to watch before panicking. The NASDAQ, despite an
As the number of COVID-19 cases continues to increase throughout the U.S., Europe, and Russia, new concerns are emerging about how the virus is likely to impact countries and their economies in the coming months. Despite those concerns, continued growth remains a major trend for advisory firms and could even increase by the end of
Tap. Tap. Rattle-rattle. Clang. “This,” my guest blurts out. “This is a problem.” Reed Hastings is the billionaire founder of Netflix, the crusher of Blockbuster, and the one who turned Hollywood upside down with streaming tech. But, right now, his main concern is pizza. Slightly out of shot, Hastings is on his knees with a
One thing to start. Lionel Messi announced on Friday evening he will remain at FC Barcelona next season, having previously expressed a desire to leave the world’s highest earning football club. The Argentine said he wants to avoid a legal battle over a €700m buyout clause, but lambasted Barcelona’s management including under-fire president Josep Maria
It was an alarming series of breakdowns that baffled traders: As two of the most popular stocks split at the start of the week, thousands of U.S. retail investors couldn’t use their brokerage accounts. Increased trading precipitated by Apple and Tesla share splits contributed to problems at Robinhood and Charles Schwab when markets opened on
Located at the intersection between Europe and Asia, Georgia is a small country with a big mission to drive blockchain adoption and education. In February 2017, the government of Georgia made a bold move by signing an agreement to use the Bitcoin blockchain to record land titles, making it the first national government to use
Aaron Marshall is CEO & Co-Founder of Keyrenter Property Management, the nation’s leading property management and real estate franchise. getty If you’re in property management or you work in any sort of real estate, it would be very easy right about now to feel pretty bleak about your profession. “Nobody in their right mind,” you might think,
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads to more transactions and slower confirmations making higher
getty Let’s start from scratch: what are the tax advantages of a traditional or Roth 401(k) or IRA? In both cases, they allow savers to avoid paying taxes on their investment returns. In the case of a traditional IRA/401(k), they also allow savers to pay their taxes, ultimately, based on their total effective tax rate
Texas began its 2021 fiscal year on Sept. 1 with the prospect of $1 billion of budget cuts amid lost revenue due to the coronavirus pandemic, but the shortfall for the fiscal year that ended Aug. 31 was not as bad as expected, according to state Comptroller Glenn Hegar. “Yearly revenues were slightly ahead of
Catch up and get informed with this week’s content highlights from Charlotte McLeod, our editorial director. [embedded content] We’ve focused a lot on gold over the summer, and for good reason given its price action — but for this week’s update we’re starting off with silver, which is making waves of its own. Like gold,
California is still choosing to bypass the pressing needs of its own citizens with the creation of a new reparations task force, which will decide… by Ethan Huff of Natural News (Natural News) With no extra money to spare, the state of California is still choosing to bypass the pressing needs of its own citizens with the creation
In addition to being the OTT leader, Roku (ROKU) usually generates strong opinions. Is the loss-making TV disruptor overvalued or is its rich valuation justified due to its future growth potential? Some Wall Street analysts claim it is a harbinger for how all TV will be consumed in the future, even going so far as
A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images The tech wreck is probably not over, despite Friday’s market comeback. Analysts expect the shakeout in stocks to continue after the long Labor Day weekend, especially in technology names and the Nasdaq,
by John Ward Type ‘Covid19’ into Google these days, and the map above is ever-present. As you can tell straight away, Coronavirus has mutated into large, ugly blue bubons all across the continent, and the spikes are at their peak in France, Spain, Britain, Italy, Germany and Poland. Note, as ever, the absence of numbers.
Can Student Loans Be Used to Pay Rent? Student loans can be used to pay for room and board, which includes both on- and off-campus housing. So the short answer is yes, students can use money from their loans to pay monthly rent for apartments and other forms of residence away from campus. However, the
Tesla has been left out of the latest additions to the S&P 500, dashing the carmaker’s hopes of joining the blue-chip index despite meeting the most onerous bar to entry: turning a consistent profit. S&P Dow Jones Indices, which manages the benchmark, snubbed the California electric vehicle maker in the first round of additions since
It makes perfect sense: Soho House on Mykonos. Nick Jones’s now multi-national members’ club-hotel portfolio knows how to do seaside (see the Little Beach Houses in Malibu and Spain). Last summer it acquired the Cycladic revelry capital’s coolest beach club, Scorpios, described by its founders as “a modern interpretation of the ancient Greek agora: an inclusive
White privilege is a concept worth examining for any wealth management professionals who seek to be allies to Black financial advisors. I describe white privilege by painting this picture: If you died and you were reincarnated, would you choose to come back as a Black person? This question often invokes imagined thoughts of life as
SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days — and fairly so. The platform’s token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept. 1, garnering more than $1.5
Corporate offices have become far more fluid in recent years, and that flexibility will be a key … [+] component of the next generation of WFH furniture. Teknion Is it befuddlement you seek? You’ll be well on your way to reaching that state if you try to gain clarity by poring over countless surveys, studies
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well the repeated 51% attacks on the Ethereum Classic network or the Electrum wallet breach, suggest criminals are becoming more
Looking for love over 50? You are not alone. Online dating sites such as SilverSingles.com are seeing increases in users and activity. But beware: Your “perfect match” may just be a fraudster who would love to target you with a romance scam. According to the Federal Trade Commission (FTC), “reports of romance scams are growing,
Thomas Johnsen, 67, a retired California municipal advisor and former National Association of Municipal Advisors board member, died Tuesday. Johnsen had battled cancer off and on for 10 years, but succumbed to sepsis, an infection that attacks the immune system. He retired in 2018 after nearly 31 years with Irvine-based Fieldman, Rolapp & Associates. He
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – A resurgence of bullish momentum in the U.S. dollar represents most significant risk for the gold market next week as the price
One of the tactics is outright violence and threats. Dems boast it will continue if Biden does not get elected to the White House in November… Greg Hunter gives The Weekly News Wrap-Up for Friday, September 4, 2020 Dr. Paul Craig Roberts said it best this past week on USAWatchdog.com. Dr. Roberts said, “You have
As fears of a tech bubble and stretched valuations become the talk of the town, investors are turning to Wall Street titans for guidance, namely Ken Griffin. Founding hedge fund Citadel in 1990, the firm now boasts over $35 billion worth of assets under management. As a 19-year-old sophomore at Harvard University, Griffin began trading
SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan’s SoftBank was reportedly the “Nasdaq whale,” that bought billions of dollars in individual stock options in big tech companies over the past month, driving up volumes and
by Martin Armstrong There has been a lot of turmoil about just how many people have died from COVID. The problem stems from the fact that they have other diseases and perhaps COVID has pushed them over the edge. Of those under 55, only 14,047 people have died WITH COVID but with other complications according
An Overview of ERX Direxion launched the bull and bear lines of the Daily Energy Shares 2X ETF in November 2008. The bull, Direxion Daily Energy Bull 2X (ERX), aims to reproduce 200% of the daily returns of the S&P Energy Select Sector Index. In other words, for every 1% gain in the underlying index,