Alibaba Earnings: Why It's Set To Get Worse (NYSE:BABA)
Alibaba Group Holding’s chart pattern is weak, and its earnings date isn’t that far away. See why I'll close my short position on BABA stock.
Source: seekingalpha.com
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Bank of America Stock: Value Trap (NYSE:BAC)
Bank of America's Q1 profits were fueled by a strong performance. But what does the mounting evidence of recession mean for BAC stock investors? Find out.
Source: seekingalpha.com
Alternative Energy Bitcoin Mining Company Debuts IPO With Higher Stock Prices
Bitcoin mining company Stronghold Digital Mining, which has environmentally beneficial operations as it's powered by coal refuse sites, debuted its Initial Public Offering (IPO) on the NASDAQ under...
Source: gobankingrates.com
Jerome Powell Rocks the Market - The Daily Reckoning
Jerome Powell Rocks the Market Poor Jerome Powell. This unlikely Atlas bears all the world’s weight upon his slender shoulders. We hazard he ages one year for each torturous day he lives. Anything he mumbles — or fails to mumble — can send markets careening. Early yesterday afternoon, he mumbled something to The Wall Street Journal: We expect that as the economy reopens and hopefully picks up, we will see inflation move up through base effects. That could create some upward pressure on prices… We want inflation expectations to be anchored at 2%. Inflation is running below 2% and has ...
Source: dailyreckoning.com