Tesla had a wild trading day on Friday, with more than four times the usual volume.
Archiv für den Monat: Dezember 2020
Fed allows banks to resume share buybacks, JPMorgan stock jumps 5%
The Fed announced that it will allow the nation’s largest banks to resume share buybacks — with certain rules.
Big investors new to cryptocurrencies appear to be behind bitcoin’s rally to a record
A herd of new, institutional investors are scooping up bitcoin this year as the price more than doubles.
Nike shares rise as pandemic fuels sneaker maker’s online growth, annual revenue outlook gets a boost
Nike’s earnings and sales topped estimates, driven by triple-digit growth online in North America and strong demand from Chinese consumers.
Gold 1Q 2021 Forecast: Gold Outlook Bullish Headed into First Quarter, with Caveats
While the 1Q’21 gold price outlook is bullish, there are some caveats – mainly, that gold may not be the best performing metal, precious or otherwise.
Japanese Yen Fundamental Forecast 1Q 2021: a Haven When Few Want it
The anti-risk Japanese Yen is vulnerable heading into the first quarter as global stimulus continues to cool market volatility, boosting stocks. What are risks that may end up boosting JPY?
Sterling Q1 2021 Forecast: GBP/USD Closing a Tumultous Year on the Front Foot
Sterling’s technical analysis has played second fiddle to overarching fundamentals in the past year, but that may change in the first quarter of 2021.
Euro 1Q 2021 Forecast: Can the ECB Curb the Euro's Strength?
The European Central Bank has made clear that it does not want to see EUR/USD above the 1.20 mark, once seen as its ‘line in the sand’ for the pair. But it’s hard to see what it can do about it.
US coronavirus economic relief package – Schumer says vote could come on Sunday
More from the Wall Street Journal reporting on apparent progress on the COVID-19 stimulus package in Congress.
This from earlier for background:
Senate Minority Leader Schumer told media he thought both houses of Congress, the House and Senate, would be able to vote on the relief bill on Sunday.
This from earlier for background:
Senate Minority Leader Schumer told media he thought both houses of Congress, the House and Senate, would be able to vote on the relief bill on Sunday.
WSJ report there is likely to be a US stimulus package vote on Sunday
Wall Street Journal report on apparent breaking of the impasse on Fed powers.
The Fed dispute was if you need background.
referenced here
The Journal says that thus a vote on the stimulus package is expected on Sunday.
The Fed dispute was if you need background.
referenced here
The Journal says that thus a vote on the stimulus package is expected on Sunday.