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Need to Know: Apple, Amazon, ARKK, and other big names indicate a market correction is coming, strategist says. Here's why.

Need to Know: Apple, Amazon, ARKK, and other big names indicate a market correction is coming, strategist says. Here's why.
mrtopstep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mrtopstep.com Daily Mail and Mail on Sunday newspapers.

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S&P 500 trades near records as tech stocks score a fillip from 10-year's skid below 1.5%

S&P 500 trades near records as tech stocks score a fillip from 10-year’s skid below 1.5%
MarketWatch
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Video: Why the market is reacting to inflation data (CNBC)
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U.S. stock benchmarks were advancing modestly early Wednesday, but enough to see all three benchmarks trade at or near record-closing territory, ahead of an eagerly awaited inflation report due Thursday.
A decline of the benchmark 10-year Treasury yield, to around its lowest level in three months, as investors appeared to dismiss inflation concerns, also was buoying yield-sensitive assets like technology stocks. ....

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Where Bitcoin Headed Next Depends On Stock Market? So Says Crypto Big Shot Barry Silbert

Digital Currency Group CEO Barry Silbert said Sunday on social media that the direction of the cryptocurrency market will be determined by the stock market in the near future.
What Happened: “Where the crypto market goes from here is completely dependent on the stock market over the next couple weeks,” Silbert tweeted.
On Sunday, major cryptocurrencies plummeted after Huobi, a major cryptocurrency exchange, said it had “scaled back or suspended some of its services and products in certain countries and has stopped its miner hosting services in mainland China.
Silbert termed the recent cryptocurrency meltdown “healthy.”
Lot of crypto traders just became long term investors. This is healthy ....

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Is Bitcoin 'Melting' Or Has It Reached A Price Floor?

Is Bitcoin 'Melting' Or Has It Reached A Price Floor?
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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The Top 10 Dividend Stocks to Buy in 2021

The Top 10 Dividend Stocks to Buy in 2021
The most important aspect of building your stock portfolio is diversity. If you invest all of your money in one industry and that industry suffers losses, you won’t have funds in other stocks to offset those losses.
You also shouldn’t put all your eggs into the same type of stocks such as high risk high return growth stocks. Your portfolio should include growth stocks, value stocks, and low risk dividend stocks. Usually investment professionals recommend a 60% stock allocation and 40% bond allocation. Unfortunately in recent years risk-free bond prices skyrocketed and bond yields fell below the expected inflation rate. We don’t think it is a good idea to be invested in low-risk long-term Treasury bonds as these yield less than 1.7% and bond prices have been declining over the last 12 months. As inflation rate picks up we believe bond prices will continue their decline. That’s why we like dividend stocks instead of Treasury ....

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