Here are five themes Wall Street left behind while chasing a single trade
Citrini Research says the artificial intelligence trade is getting crowded and investors might start refocusing on some less popular sectors with promise.…
‘Take the money while you can’: I’m a CPA and tell my clients to take their Social Security early. Am I wrong?
“Only 8% to 10% of people wait until age 70 to claim.” Source:MarketWatch
Micron delivers blowout earnings, surges 16% and deals crypto bulls a blow
Micron Technology surged after blockbuster earnings and strong guidance, lifting AI memory stocks. Source:CoinDesk
Wall Street is coalescing on a single S&P 500 target. The power of round numbers is irresistible.
Wall Street, and Main Street, love their round numbers, as at least four strategists have the same 8,000 yearend target on the S&P 500. Source:MarketWatch
Retail investors have suddenly got more cautious in using options and margins. That may spell trouble for tech, says JPMorgan.
JPMorgan’s research suggests retail investors are becoming more cautious about levrerage after the market’s recent rally and this may spell trouble for the…
My son passed away. Am I crazy to move to my former home and sell a house I bought in September?
“I raised my children there as a single mother, and it was the last home my son lived in before he passed away unexpectedly.” Source:MarketWatch
Two years after her death, Shannen Doherty’s Malibu home sells for $7.7 million
The home was described as her personal “sanctuary,” where she was able to escape the hustle and bustle of Hollywood, particularly during her lengthy cancer…
The Wall Street equivalent of roster-cut day happens Friday. It’ll be one of the biggest volume days of the year.
FTSE Russell is undertaking its semiannual rebalancing — what the index provider calls its reconstitution — and the size of the undertaking could impact…
Forget max pain theory. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry
The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.…
MemeCore's M token suddenly crashes 80% with no clear trigger
The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollarbacked token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and…
Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
The market has found a new support level and it could be tested following Thursday's U.S. inflation data. Source:CoinDesk