Additionally, the FOMC is likely to begin reducing its balance sheet “considerably more rapidly than in the previous recovery,” as Federal Reserve Governor Lael Brainard stated in a speech on April 5, 2022. During the IMF panel discussion, Powell insisted that “getting inflation back to the 2% goal” is a critical policy imperative right now. According to the minutes of the […]
After exiting several of his startups, Woo eventually became a stock trader and invested in gold in the 2008 financial crisis. A few years later, while working on another project, Woo learned about Bitcoin from a colleague, and he equated it with digital gold. Willy Woo has previously written for major crypto publications, including CoinDesk […]
American Express has announced that select Delta credit cards will be made from 70% reclaimed plastic. Note that American Express has a once-in-a-lifetime rule for welcome offers. If you want to apply, though, these offers are valid through April 14, 2022. …Read the full story
Binance, the world’s largest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, a print and digital publisher, founded in 1917 and best known for the magazine of the same name. If the deal proceeds, Binance will be one of the two largest owners of Forbes, with two out of nine board seats. Binance […]
Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if any, impact may be had on the company’s dividend. There are a large number of multi-legged option strategies that lend themselves to Coca-Cola stock providing outsized gains after earnings than current option pricing is predicting. […]
Ron has edited and reported on nearly every angle of business news from breaking corporate news to markets, technology to commodities, as well as long form impact investing features to opinion. Wormhole, a popular platform used to bridge Ethereum and Solana, announced $320 million worth of cryptocurrency was stolen via hackers. The Labor Department reported first-time filings […]
Apple, despite setting a record high to start the year, has shed 12% since the start of 2022, as investors appear to be rotating out of the technology sector for the time being. The implied volatility built into those prices suggest that traders are selling calls and buying puts, representing speculative downside bets on the […]
Comparing recent price action and option trading can provide insight into the overall sentiment that traders and investors possess toward a company’s future performance. The share price briefly rose to an above average range in early 2022 before falling to a below average range in the week before earnings. This array helps to highlight the […]
Ron has edited and reported on nearly every angle of business news from breaking corporate news to markets, technology to commodities, as well as long form impact investing features to opinion. Georgieva added that the IMF expects the global economic recovery to continue but that it is “losing some momentum” because of rising COVID-19 cases, […]
Most traders consider GameStop to be a meme stock because its price gyrations are not dictated by conventional metrics, such as earnings or industry market share. According to The Wall Street Journal, GameStop is building an “online hub” to buy, sell, and trade NFTs for select game developers and publishers. According to DappRadar, a store […]
While the open interest is nearly even in terms of call options and puts, the implied volatility built into those prices suggests that traders and the market are positioned for the Amazon share price to fall. Considering the Federal Reserve’s recent acceleration of planned interest rate hikes to combat rising inflation, investors may be rotating […]
20 issued new rules that dramatically boost average fleet-wide fuel efficiency standards to 55 miles per gallon for passenger cars and light trucks for the model year 2026. The total savings to individual owners of 2026 models and beyond will exceed the increase in the cost of purchase by around $1,000 per consumer, according to […]
The top and bottom five stocks in the Russell 1000 Index were chosen by finding the stocks with the highest and lowest year-to-date total return through the close of the market on Dec. AI and COVID-19 vaccines have helped boost two of the other top five stocks, and rebounding oil prices have driven the shares […]
Less than a month after ProShares launched the first bitcoin ETF in the markets, investment firm VanEck’s Bitcoin Strategy ETF . Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price. In its marketing and publicity material, VanEck is emphasizing its relatively cheaper costs and taxation as […]
At first glance, it appears that option traders are positioned for a positive move, as the open interest features a growing number of call options. A rising number of call options remain in the open interest for DASH, and option premiums are at an usually elevated level right now. However, a comparison between the stock’s […]
The cryptocurrency’s price surged past $40,000, a figure it last touched on May 18. By Monday, the cryptocurrency had registered a 17% increase in its price to cross $40,000. The first one was Tesla CEO Elon Musk’s tweet saying that, due to the energy consumption and the accompanying environmental damage of Bitcoin, he would no […]
