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$ABBC ABBC Coin
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Short-term forecast for BTCUSD, XRPUSD and ETHUSD 17.05.2022
via litefinance.comI welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.The cryptocurrency pairs covered in the article are forming upward corrective waves as double zigzags.Elliott wave Bitcoin analysisThe BTCUSD market is forming a descending correction (B) as a double zigzag. There is developing the bearish motive wave Y as a standard zigzag. So far, impulse [A] and b -
: ‘Boeing management is running around like headless chickens,’ Ryanair CEO says in earnings-call tirade
via rocketnews.comMichael O’Leary, chief executive of Ryanair Holdings Inc., tore into Boeing Co. during an earnings call Monday, blasting the plane-maker’s “very poor management” and calling for a shakeup at the top. “At the moment, we think Boeing management is running around like headless chickens, not able to sell aircraft, and then even the aircraft they deliver, they’re not able to deliver them on time,” O’Leary said on a post-earnings conference call wit -
Earnings Results: Take-Two sales and forecast undershoot Wall Street’s expectations, but the stock is doing fine
via rocketnews.comTake-Two Interactive Software Inc. reported and predicted softer sales than analysts expected Monday, but shares still gained as Wall Street awaits its acquisition of Zynga Inc. and acknowledges the videogame publisher’s history of conservative forecasts.Known for its “Grand Theft Auto” and “NBA 2K” titles, Take-Two TTWO, +0.16%reported fourth-quarter net income of $111 million, or 95 cents a share, compared with $218.8 million, or $1.88 a share, in the year-ago per -
: Twitter CEO fires back at Elon Musk, who responds with poop emoji
via rocketnews.comDays after Tesla Inc. Chief Executive Elon Musk tweeted that his $44 billion deal for Twitter Inc. was “temporarily on hold” as he looked into the prevalence of bot accounts on the service, Twitter’s current leader sought to address how the company assesses spam activity.Musk had taken issue with Twitter’s TWTR, -8.18%public disclosures that spam accounts represent less than 5% of monetizable daily active users, and he had been floating the possibility of doing his own sa -
: ‘Millions of families struggle to keep roofs over their heads’: Biden administration has a plan to tackle America’s housing shortage — but will it be enough?
via rocketnews.comPresident Joe Biden’s administration unveiled a new action plan Monday to bring down the staggering housing costs helping to fuel inflation nationwide. The White House’s sweeping blueprint to bump up housing supply comes at a time when the nation is lacking some 3.8 million single-family homes it needs just to meet current demand — a crisis that’s particularly severe for first-time buyers and Black Americans, who are experiencing a troubling decline in homeownership. What -
Outside the Box: Do these 3 things so federal and state governments can offer more targeted help during the next recession
via rocketnews.comThe COVID-19 pandemic took a devastating human toll. It also posed an extraordinary threat to the U.S. economy – one met by a swift, forceful, creative and largely successful response from fiscal and monetary policy. While the lessons from this recession continue to unfold, the next recession may arrive sooner than we hope. Now is the time to identify lessons from the economic policy response to COVID-19, to build on what worked and to prepare for the next recession.The U.S. economic recov -
Outside the Box: This Gen Z learning method is superior to the old ways of doing things
via rocketnews.comI recently had to install a new printer, and my first thought was to read the manual. My teenage son, of a generation born with phones in their hands, turned to YouTube instead. Guess who ended up installing that printer? There’s a name for this concept: microlearning. We’ve long known that our minds can only absorb so much. According to German psychologist Hermann Ebbinghaus, we forget 90% of information we consume within seven days. Yet by breaking our intake into bursts of fi -
Key Words: Neil deGrasse Tyson calls blood moon ‘unspectacular,’ but many lunar eclipse viewers disagree
via rocketnews.comWhen Russia’s attacks on Ukraine, a baby formula shortage and a weekend of mass shootings makes life on Earth that much harder, it can be therapeutic to look to the heavens. And on Sunday night, a total lunar eclipse that created a glowing red “blood moon” united many across the planet in a healing sense of wonder for a short time. But one celebrity astrophysicist cast a shadow on the celestial event. The unimpressed and outspoken television personality Neil deGrasse Tyson just -
: Economists conclude remote learning could hurt children’s future earnings and economic mobility, after crunching data from 2.1 million students in 10,000 schools
via rocketnews.comHow has remote learning impacted children’s academic achievement?More than two years into the COVID-19 pandemic, the experiment of remote learning has not yielded results that would enable parents or teachers to view it as a viable alternative for children. Indeed, social scientists say it’s had an adverse impact on students’ academic ability and mental health, which may have repercussions for years to come.Using testing data from 2.1 million students in 10,000 schools in 49 st -
Lawrence G. McMillan: A smart way to play Tesla’s big stock-market swings using options
via rocketnews.comTesla has recently been one of the most active and volatile stocks. However, what appears to the naked eye is not always the same when placed under the microscope of analytical mathematics.Let’s begin by looking at the stock’s TSLA, -3.79%one-year chart: Lawrence McMillan …
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Key Words: Netflix tells employees, ‘You may need to work on titles you perceive to be harmful’
via rocketnews.com“‘You may need to work on titles you perceive to be harmful’”That was part of a corporate statement from Netflix NFLX, +0.92%in its newly created “artistic expression” section of the company’s workplace culture guidelines, indicating that employees may have to work on or…
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Deep Dive: 15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
via rocketnews.comDuring a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about.But what does oversold really mean? It means you think a stock has dropped too much, based on some quality you expect to fuel outperformance from here.Ifyou are looking to buy stocks in this jittery market, you had better do some deep research to form convictions, rather than jumping on the bandwagon. Read: The beginnin -
: Why don’t retirees like annuities?
via rocketnews.comCould a defined-contribution retirement savings plan launched in 1918 provide insights into one of the most vexing questions in personal finance with 401(k)s?The quick answer is yes. The retirement savings plan is TIAA, which draws participants from colleges, universities, and other nonprofit organizations.The difficult personal finance question involves how employees with 401(k) accounts can turn their accumulated savings into an income they can rely on in retirement.The basic conundrum: Spend -
Tangible Assets vs. Intangible Assets: How Do They Differ?
via litefinance.comCan a business exist without any assets? Actually, no. Today, all kinds of enterprises possess various assets and simply can’t function properly without having some. An asset is traditionally determined as a valuable item, controlled or owned by an entity, person, or government, and it is expected to provide assessable benefit in the future. However, it can also be something that doesn’t have a physical embodiment, e.g., a resource or a strategy. That’s why all assets are subdi -
: McDonald’s exit from Russia puts growth plans in disarray, analyst says
via rocketnews.comMcDonald’s Corp. announced its decision to exit its business in Russia after more than three decades due to that country’s attack on Ukraine, a move that complicates the burger giant’s growth plans, according to GlobalData. “Before the invasion, Russia – together with Ukraine – generated around 9% of McDonald’s revenue and accounted for 3% of operating income. While McDonald’s can take such a hit in its stride, it will leave a hole in its growth pl -
What is a trailing stop order
via litefinance.comThe goal of every trader is to get as much profit as possible from the price movement in a short time with an optimal level of risk. The classic risk insurance tool is a stop loss. This insurance order automatically closes the transaction if the price has turned opposite to the forecast. To maximize profits with minimal risk, a trader has two options:Set a take profit and periodically move it along with the stop as the price moves towards the predicted value.Use a trailing stop.The first op -
Market Snapshot: U.S. stock futures struggle for direction as weak China data fuels more global recession worries
via rocketnews.comU.S. stock futures struggled for direction on Monday, as a fresh batch of weak data from China fueled more concerns about the state of the global economy. How are stock-index futures trading? S&P 500 futures ES00, -0.19%fell 0.1% to 4,015.50. Dow Jones Industrial Averages futures YM00, -0.04%were up 7 points, or less tahn 0.1%, at 32,127. Nasdaq-100 futures NQ00, -0.21%fell 0.1% to 12,364.On Friday, the Dow industrials DJIA, +1.47%climbed 466.36 points, or 1.5%, to close at 32,196.66, the S& -
Metals Stocks: Gold slides below $1,800 an ounce after biggest weekly fall in 11 months
via rocketnews.comGold futures remained under pressure to start the week, drifting below the $1,800 an ounce threshold on Monday. Gold for June delivery GC00, -0.07% GCM22, -0.07%fell $9.50, or 0.5%, to $1,798.70 an ounce on Comex, after dipping below $1,800 in Friday’s session when it closed at its lowest since Feb. 4. Gold logged a 3.9% fall last week, its largest since June 18, 2021, according to Dow Jones Market Data.July silver SIN22, +1.16%ticked up 0.4% to $21.095 an ounce after falling 6.2% last wee -
Aussie: victim of politics. Forecast as of 16.05.2022
via litefinance.comThe COVID-19 outbreak in China, the associated slowdown in the economy, and falling commodity prices are not the only problems of the AUDUSD bulls. Let's discuss the topic and make up a trading plan.Weekly Australian dollar fundamental analysisFears of a massive cost of living crisis have pushed Australia's CCI to the lowest level since August 2020. The current index's figures suggest that there are more pessimists than optimists now, which adds to Prime Minister Scott Morrison's heada -
Key Words: ‘Very, very high’ risk of recession, warns Goldman’s Lloyd Blankfein as bank cuts U.S. growth forecast
via rocketnews.comThere’s “a very, very high risk factor” that the U.S. is headed for a recession, Goldman Sachs Group Inc. GS, +2.53%Senior Chairman Lloyd Blankfein warned Sunday. In an interview on CBS News’ “Face the Nation,” Blankfein said there is definitely a risk of recession, and that business and consumers should brace for one. ““If I were running a big company, I would be very prepared for it. If I was a consumer, I’d be prepared for it. But it&rsquo -
Market Snapshot: U.S. stock futures wobble as weak China data fuels more global recession worries
via rocketnews.comU.S. stock futures struggled on Monday, as a fresh batch of weak data from China fueled more concerns about the state of the global economy. How are stock-index futures trading? S&P 500 futures ES00, -0.39%fell 0.2% to 4,009.25 Dow Jones Industrial Averages futures YM00, -0.17%dropped 18 points, or less than 0.1%, to 32,094 Nasdaq-100 futures NQ00, -0.64%fell 0.4% to 12,324On Friday, the Dow industrials DJIA, +1.47% climbed 466.36 points, or 1.5%, to close at 32,196.66, the S&P 500 -
Kelley Blue Book: Tesla loses some footing among luxury car shoppers
via rocketnews.comMore luxury car shoppers considered a BMW BMW, +0.23%than any brand during the first quarter of 2022. But Cadillac’s rise may be bigger news. Or perhaps Tesla’s TSLA, +5.71%big slip is the headline. The results come from Kelley Blue Book’s Brand Watch report — a consumer perception survey that also weaves in consumer shopping behavior to …
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NerdWallet: What is a high-deductible Medigap plan, and is it worth the cost?
via rocketnews.comThis article is reprinted by permission from NerdWallet. Medicare Supplement Insurance, or Medigap, covers “gaps” in Original Medicare coverage, including certain copays, coinsurance and deductibles. Some Medigap plans have a high-deductible option. High-deductible Medigap plans have lower premiums than the standard versions, but you have to pay the higher deductible for coverage to kick in.Whether or not a high-deductible plan is worth it depends on the difference between -
NerdWallet: Is flying cheaper than driving with these gas prices? It depends.
via rocketnews.comThis article is reprinted by permission from NerdWallet. With the cost of everything rising faster and faster, it can be hard to build a reliable travel budget. Will gas prices rise or fall by the summer? And will airfare costs keep pace? The question of whether it’s cheaper to fly or drive is an old travel conundrum, but the many factors affecting travel in 2022 make it a challenging one to answer simply.Three things stand out: Airfare should be less affected by high fuel prices tha -
Kelley Blue Book: VW taps into the nostalgia trend with plans to resurrect the Scout, this time as an EV
via rocketnews.comA Scout drives past a Ford Bronco and a Jeep Wagoneer. You might assume Lyndon B. Johnson is president. But wait. The Scout is heading to a charging station to plug in. Welcome to 2026. Volkswagen’s VWAGY, +1.44%supervisory board has voted to resurrect an iconic American automotive badge — Scout. This time, though, it won’t wear a tractor company’s name. And it will wear a plug.In recent months, VW has toyed with building an electric pickup for sale in the -
Next Avenue: More people are turning to this housing idea for aging parents, but obstacles still exist in much of the country
via rocketnews.comJanie Morisette taught school in Hardin, Montana, for 32 years before retiring in 2019. Her longtime home, with five bedrooms, 2.5 baths, and an attached garage, was too much home for a 72-year-old. She and her daughter, who lives in St. Paul, Minnesota, decided that Morisette would move to St. Paul and live in her daughter’s backyard. Morisette calls her new home a “carriage house.” Her daughter says it’s “Janie’s coop” since they moved a chicken coop t -
Short-term analysis for oil, gold, and EURUSD for 16.05.2022
via litefinance.comI welcome my fellow traders! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The gold price continues to decline within a short-term downtrend.Oil price forecast for today: USCrude analysisAs part of a short-term uptrend on Friday, the Target Zone 106.76 - 105.88 was broken out. The next target for purchases is the Gold Zone 110.69 -
Will dollar give a pass? Forecast as of 16.05.2022
via litefinance.comThe US dollar is strong. The stock market is down and the risk appetite is low. Furthermore, the euro-area economy is weak. So, the greenback is naturally strengthening. Let us discuss the Forex outlook and make up a EURUSD trading plan.Weekly US dollar fundamental forecastDon't go against the Fed. Anyone who wants to survive in the financial markets must follow this rule like a law. Over the past decade, the Fed struggled with persistently low inflation, which required favourable financial cond -
Market Extra: Wheat prices surge to highest in more than two months following India’s ban on exports
via rocketnews.comWheat futures climbed by the daily limit on Monday, following India’s plans to limit most of its exports of the commodity, as fallout from the Ukraine war continues to reverberate. Soft red winter wheat for July delivery W00, +5.35%rose 62 cents, the normal daily price limit, to lock at $12.39 a bushel, a gain of 5.27%. The contract hit a high as $12.47 a bushel, and its highest level since mid-March. India on Friday announced an immediate ban on wheat exports, blaming a spike in glo -
Short-term forecast for BTCUSD, XRPUSD and ETHUSD 16.05.2022
via litefinance.comI welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.BTCUSD and ETHUSD are forming corrective zigzag-shaped sub-waves, and the XRPUSD is forming a bullish correction as a double zigzag.Elliott wave Bitcoin analysisThe BTCUSD is forming the bearish wave [C], the final leg of the standard zigzag [A]-[B]-[C]. Wave [C] is unfolding as a five-wave impulse ( -
Living With Climate Change: Buying a home and worried about wildfires? There’s a free tool to check your risk
via rocketnews.comWildfires in New Mexico that have burned for more than a month continue to flare, while a wealthy coastal enclave near Los Angeles was caught up in a blaze just this past week — only the latest deadly and costly devastation as part of a severe Western U.S. drought aggravated by climate change. Now, a nonprofit has posted what it says is the first individualized look at wildfire risk by property, a tool called Risk Factor that’s accessible free of charge. The rankings, searchable by p -
The Moneyist: ‘It’s a real source of stress:’ My friend, 67, asked a trustworthy nephew to be his executor, but he has not made time for him in 2 years, even to sign papers
via rocketnews.comDear Quentin,My longtime 67-year-old friend is retired, owns his small home and has a small retirement income. He asked a trustworthy nephew to be his executor and he agreed. However, it has been over 2 years and this nephew has yet to make time to meet to sign papers, get keys, etc. There are no other living relatives. I asked my friend if they could accomplish all of this electronically and he seemed resistant to that idea, although I’m not sure if it would even be possible. I am co -
Dow Jones Newswires: Shares of Hong Kong-listed property developers rise after China lowers mortgage rates
via rocketnews.comHong Kong-listed property developers rose in early trade Monday, following a surprise move by China’s central bank to reduce mortgage rates for first-home buyers. Country Garden Holdings Co. 2007, +1.81%was up 3.4% and Seazen Group Ltd. 1030, +0.99%gained 4.0%. Longfor Group Holdings Ltd. 960, +0.69%,China Resources Land Ltd. 1109, +0.44%and China Overseas Land & Investment Ltd. 688, -1.08%added 1.5%, 0.6% and 0.4%, respectively. Guangzhou R&F Properties Co. 2777, +0.37%gained 1.5% -
Key Words: ‘Very, very high’ risk of recession, warns Goldman’s Lloyd Blankfein
via rocketnews.comThere’s “a very, very high risk factor” that the U.S. is headed for a recession, Goldman Sachs Group Inc. GS, +2.53%Senior Chairman Lloyd Blankfein warned Sunday. In an interview on CBS News’ “Face the Nation,” Blankfein said there is definitely a risk of recession, and that business and consumers should brace for one. ““If I were running a big company, I would be very prepared for it. If I was a consumer, I’d be prepared for it. But it&rsquo -
Dow Jones Newswires: China’s economic activity cools sharply in April
via rocketnews.comBEIJING — China’s economic activity cooled sharply in April, official data showed Monday, as the stringent COVID-19 control measures locked down cities and disrupted businesses. Retail sales, a gauge of China’s consumption, fell 11.1% on year in April, widening from a drop of 3.5% in March, the National Bureau of Statistics said. The result was also much lower than the 5.4% decline expected by economists polled by The Wall Street Journal.China’s industrial production also -
Dow Jones Newswires: China’s PBOC keeps key policy rates unchanged
via rocketnews.comChina’s central bank kept its key policy interest rates unchanged Monday, suggesting that it may maintain benchmark loan rates at the same level as last month. The People’s Bank of China kept the interest rate of the one-year medium-term lending facility unchanged at 2.85%, while injecting 100 billion yuan ($14.7 billion)of liquidity into the banking system via the MLF.The PBOC also maintained the interest rate of the seven-day reverse repurchase agreement at 2.1% while injecting CNY -
Dow Jones Newswires: Adani Group to buy Holcim’s India cement business in $10 billion deal
via rocketnews.comOne of India’s largest business groups has agreed to buy Holcim Ltd.’s cement business in India, in a $10.5 billion deal that is biggest ever acquisition in the country’s infrastructure and materials industry. The Adani Group 512599, +0.61%will buy Switzerland-based Holcim’s HOLN, +2.94%stake in Indian listed companies Ambuja Cements Ltd. and ACC Ltd., which will make Adani India’s second-largest cement maker, Adani Group said Sunday.Holcim, through subsidiaries, ho -
Key Words: ‘Very, very high’ risk of recession, warns Lloyd Blankfein of Goldman Sachs
via rocketnews.comThere’s “a very, very high risk factor” that the U.S. is headed for a recession, Goldman Sachs Group Inc. GS, +2.53%Senior Chairman Lloyd Blankfein warned Sunday. In an interview on CBS News’ “Face the Nation,” Blankfein said there is definitely a risk of recession, and that business and consumers should brace for one. ““If I were running a big company, I would be very prepared for it. If I was a consumer, I’d be prepared for it. But it&rsquo -
: Elon Musk continues to rail against Twitter bots, says company accused him of breaking NDA
via rocketnews.comElon Musk continued to sound off about the actual number of automated bots and fake accounts on Twitter Inc. over the weekend, and said Twitter’s legal team accused him of breaking a nondisclosure agreement. On Friday, Musk tweeted that his $44 billion acquisition of Twitter was “temporarily on hold” while he investigated whether bots, spam and fake accounts actually make up less than 5% of the service’s accounts, as Twitter has claimed. That sent Twitter shares TWTR, -9. -
The Margin: Where to watch the Super Flower Blood Moon total lunar eclipse tonight
via rocketnews.comThe blood moon rises once again. Sky watchers in the eastern half of the U.S. are in for a treat this weekend thanks to a perfect storm of celestial events. May’s full “Flower Moon” will undergo a total lunar eclipse as it passes through the Earth’s shadow overnight Sunday into Monday on May 15 and 16. This will make the moon appear to turn red; hence its other colorful name — the “blood moon.” What’s more, this full moon will be at its -
Financial Face-Off: Financial Face-Off: Should you tell your coworkers your salary? ‘Secrecy around wages is so embedded in the national psyche.’
via rocketnews.comHello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns. The face-off The job market is hot and so are salaries. People are quitting jobs in record numbers, often because they’ve landed a new gig with better pay. Some 40% of people who’ve switched jobs -
Financial Crime: Ex-Colgate researcher who stole toothpaste formulas worth millions of dollars is sentenced to 21 months
via rocketnews.comThis case left a bad taste in everyone’s mouth. A former researcher for Colgate-Palmolive Co. CL, +1.10%has been sentenced to 21 months in prison for stealing secret toothpaste formulas and sending them to a company he had set up abroad. Muamer Reci, 58, of Haskell, N.J. had worked at a Colgate lab for nearly 20 years where he had access to proprietary recipes for the company’s famed toothpastes and oral hygiene products, prosecutors said.In 2012, Reci and two others set up a consume -
: Economists crunch data from 2.1 million students in 10,000 schools — conclude remote learning could hurt children’s future earnings and economic mobility
via rocketnews.comHow has remote learning impacted children’s academic achievement? Using testing data from 2.1 million students in 10,000 schools in 49 states and Washington, D.C, researchers examined the role of remote and hybrid instruction in widening gaps in achievement — and crunched the results by race and school poverty.“We find that remote instruction was a primary driver of widening achievement gaps,” they said. Gaps in math achievement did not widen in areas with in-person class -
Need to Know: This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%
via rocketnews.comWall Street saw a solid bounce on Friday, but stocks remains periously close to a bear market. With a war raging in Europe, surging prices all over and uncertainty over what central banks can do about it, investors may not get that traditional lazy, hazy summer.Providing our call of the day is the president and chief executive of Stock Traders Daily and portfolio manager at Equity Logic, Thomas H. Kee Jr., who is gearing up for what could be a bullish period for stocks, and says t -
Mutual Funds Weekly: These money and investing tips can help you juggle whatever the stock market throws at you
via rocketnews.comDon’t miss these top money and investing features:Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSWelcome to Generation Z’s first bear market Up until recently, young people’s primary experience of the market was that stocks almost always go up Read More The Dow and the S&P 500 are likely falling into a bear market but your portfolio doesn’t have to sink with them Most investors — in -
Market Snapshot: ‘Nowhere to hide?’ How stagflation fears put stocks on verge of a bear market
via rocketnews.comIt will take more than Friday’s bigbounce to put to rest the fear of a bear market in stocks as uncertainty about the Federal Reserve’s ability to get a grip on inflation without sinking the economy stokes fears of stagflation — a pernicious combination of slow economic growth and persistent inflation. Stagflation is “an awful environment” for investors, usually resulting in stocks and bonds losing value simultaneously and playing havoc with traditional portfolios d -
Help Me Retire: We want to retire in a few years, and have about $1 million saved. Should I move my money to a Roth, and pay off my $200,000 mortgage while I’m at it?
via rocketnews.comDear MarketWatch, I’m 64 and my husband is 62. We plan to work until he is at least 65, so three or four more years. We have about $1 million total in various accounts, but my own IRA has $400,000 in it. Should I move it to a Roth IRA or is it too late at this stage? I’m also trying to pay down our mortgage. Our house is worth about $650,000 and the mortgage is now $200,000, so when we retire we’ll be debt free and can sell the house and go.Thanks for any information you -
: Liverpool beat Chelsea win 6-5 on penalties to win UK FA cup
via rocketnews.comLiverpool kept alive hopes of an unprecedented series of quadruple wins in football championships this season as Konstantinos Tsimikas struck a sudden-death penalty winner to earn victory over Chelsea in the FA Cup final on Saturday.In scenes similar to the Carabao Cup final earlier in the campaign when the Reds edged a shootout win, the sides again could not be separated in a goalless 120 minutes of play that saw countless wasted openings, the BBC reported. The two teams split 27 shots on the d -
The New York Post: Hindenburg Research gloats as Elon Musk puts Twitter buyout on hold
via rocketnews.comA Twitter short seller gloated on Friday after Elon Musk pumped the brakes on his $44 billion bid to buy out the social media site with a bizarre tweet that claimed negotiations were “on hold.“ Short-seller Hindenburg Research had written Monday that Musk “holds all the cards” in the deal and could threaten to walk away in order make the company’s board agree to a lower purchase price. “Interesting,” a Musk responded at the -
ETF Wrap: ‘Managed futures are like pigs in mud’: This ETF manager is replicating hedge-fund strategies to pull off big gains as stocks and bonds drop this year
via rocketnews.comHello! Market jitters remain high this week as stocks continue to slide, with Cathie Wood’s ARK Innovation ETF standing out in the recent carnage. “We’ve entered a new era that is going to really challenge a lot of the ways people were making money,” says Andrew Beer of Dynamic Beta investments, or DBi. In this week’s ETF Wrap, Beer, co-portfolio manager of the iMGP DBi Managed Futures Strategy ETF DBMF, +1.30%,talks about the strategy behind the fund’s double
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