Stock market is open for full day of trading New Year’s Eve, but closed Jan. 1 for New Year’s Day

January 1, 2019 By: adminbackup

rket As the year comes to a close, it’s time to set up new goals for 2019. And even though we often make new year’s resolutions focusing on our health and finances, what about our homes? Susana Victoria Perez has more. Investors whose nerves have been tested by a down year for stocks will have one more full day of trading on New Year's Eve Monday before closing the books on 2018. The good...

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Bitcoin Price Analysis: BTC Bull Barrier at $4,100, OkEx Wash Trading

By: adminbackup

Latest Bitcoin News As a year comes to a close, BTC prices are stable and bullish. Still, investors are edgy, and unless otherwise, prices surge past key liquidation levels then we shall retain a neutral stand. At the moment though, our attention shifts to a new report by Blockchain Transparency Institute (BTI). According to BTI, up-to 80 percent of mainstream exchanges where traders get to...

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Bulls End 2018 on High Note

December 31, 2018 By: adminbackup

U.S. markets showed strength on Monday’s open after President Trump said he spoke on the phone with Chinese President Xi Jinping and that trade negotiations were moving along very well as they made big progress toward cutting a deal. The developments were short-lived as the market turned choppy while giving back the majority of the gains by midday. Another rebound rally ensued afterwards...

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Bulls Get First Weekly Win in a Month

December 30, 2018 By: adminbackup

U.S. markets were choppy throughout Friday’s action but traded in a much tighter trading range while closing mixed. The major indexes closed higher for the week for the first time since the end of November but are still down sharply for the month. The ongoing government shutdown is likely to stretch into January after no progress toward a deal over wall funding was reached. Additionally,...

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VIX Closes Below 30

December 27, 2018 By: adminbackup

U.S. markets continued a whipsaw week after trading in and out of positive throughout the session. The late day rebound off the intraday lows was a slightly bullish signal as the major indexes closed higher for the 2nd-straight session. Debate continues whether this is a true measure of sentiment between the holidays or a buying opportunity into the correction. However, this won't be known...

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Bulls Post Best Day in a Decade

December 26, 2018 By: adminbackup

U.S. markets were volatile on Wednesday after opening sharply higher following the worst ever Christmas Eve for stocks. The gains were short lived as the major indexes turned negative within 30 minutes of trading. It appeared the selling pressure would lead to another rout, but buyers stepped up as the market tries to find a near-term bottom.  Volatility stayed slightly elevated despite...

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