UnknownUnicorn38289576

UnknownUnicorn38289576

(July 26th) Park Avenue Securities LLC increased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK – Get Rating) by 72.2% in the 1st quarter, HoldingsChannel reports. The firm owned 5,911 shares of the company’s stock after purchasing an additional 2,479 shares during the period. Park Avenue Securities LLC’s holdings in ARK Innovation ETF were worth...

UnknownUnicorn38289576

After a sharp drop in the last two weeks, U.S. gasoline demand rebounded by 8.5% week on week, according to the data. "All talk about demand destruction stopped in its tracks in this report...the situation has changed dramatically in two weeks," said Bob Yawger, director of energy futures at Mizuho.

UnknownUnicorn38289576

The cryptocurrency markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may have been initially bracing for much worse.

UnknownUnicorn38289576

Inflation trades will keep doing better and better, crypto better days lie ahead. Inflation would keep at least as hot as its been recently, and the Fed policy mistake in letting the fire burn unattended would be more broadly acknowledged. What a profitable constellation for crypto assets!

UnknownUnicorn38289576

It's possible to get filthy rich by investing in cryptocurrency in 2022 -- but you could also lose all of your money. Investing in crypto assets is risky but also potentially extremely profitable.

UnknownUnicorn38289576

The EUR/USD pair is ending the week in the 1.0220 price zone, extending the recovery from the multi-year low of 0.9951, hit in mid-July. The pair got to bounce on Friday, although the advance had little to do with the shared currency, but more with the outstanding Wall Street’s weekly performance and falling US government bond yields taking their toll on the...

UnknownUnicorn38289576

If you’re chasing portfolio income, you may be eyeing high-yield bonds, also known as junk bonds, which typically pay more interest but carry greater risk. Since interest rates and bond prices move in opposite directions, U.S. junk bond values have dipped to the lowest levels since May 2020. But yields are at 7.5% as of May 17, up from 4.42% since the beginning...

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You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

UnknownUnicorn38289576

The S&P 500 fell nearly 1% on Friday, but finished the week higher, as investors digested disappointing results from Snap that sent social media shares reeling. The Dow Jones Industrial Average lost 137.61 points, or 0.43%, to 31,899.29. The S&P 500 declined 0.93% to 3,961.63, while the Nasdaq Composite traded 1.87% lower to 11,834.11. Those losses cut into...

UnknownUnicorn38289576

US Dollar Index: Further consolidation likely ahead of FOMC. DXY fades the earlier bull run to the 107.30/35 band, although it keeps the decent gains around 106.80 at the end of the week.

UnknownUnicorn38289576

Gold price is 'smelting' below $1,700 and just $20.00 away from key weekly pivot. Gold price is down 0.85% at $1,696,84 as the US dollar strengthens which left XAUUSD for December delivery down US$10.40 to US$1,717.70. Still, the spot gold price is below the psychological threshold and traders are eyeing a move to the weekly pivot of $1,676.

UnknownUnicorn38289576

Stocks rose on Wednesday, fueled by a rally in tech stocks, as all major averages reached their highest point since early June.

UnknownUnicorn38289576 Updated 

Polygon’s MATIC price continues to display optimistic signals. Being an early bull is justifiable as the invalidation level is clear. MATIC price is a buy - Polygon’s Matic price could rally towards $1.00 in the coming days. From June 18 to June 24, the bulls accomplished a 90% rally. A pullback occurred, and it was mentioned in the previous thesis that a break...

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Stock futures are flat after stocksreverses course to start a busy earnings week.

UnknownUnicorn38289576

The US dollar index (DXY) has given an upside break of the consolidation formed in a narrow range of 107.37-107.46. The DXY is aiming higher and may find resistance near the round-level resistance of 108.00. Earlier, the asset witnessed a steep fall after printing a fresh 19-year high of 109.30 last week.

UnknownUnicorn38289576

Bitcoin bounced above $22,000 on Monday, hitting its highest level in more than a month.

UnknownUnicorn38289576

OXY has a trailing twelve month Price to Earnings (PE) ratio of 8.4. The historical average of roughly 15 shows a good value for OXY stock as investors are paying lower share prices relative to the company's earnings. OXY's low trailing PE ratio shows that the firm has been trading below its fair market value recently. Its trailing 12-month earnings per share...

UnknownUnicorn38289576

There are no bad bonds, only bad prices. So Dan Fuss, Loomis Sayles’ vice chairman, has often observed—a lesson gleaned from more than six decades of experience managing corporate bond portfolios. After what seems likely to go into the books as the worst first half of the year for fixed-income markets on record, prices now look a lot better from the standpoint of...