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ARK's Wood sees global recession, blames market selloff on Fed hike plan. It would be scary to see massive drawdown on this hot ETF a couple years ago... The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest rates is too aggressive, star stock picker Cathie...

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Sea Limited is slated to release its Q1 earnings card on May 17. Investors eagerly anticipate a reassuring card, given SE stock's massive 85% drop from its highs. We believe the market has been pricing in regional headwinds in Southeast Asia. The region has also been hampered by growth, inflation, and recession fears. Sea Limited's revenue and EPS estimates have...

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Bitcoin Breaks Below $28.6K: Recording Its Lowest Level Since January 2021 Bitcoin’s price has now broken well below $30,000, touching down to $28,228 just moments ago. That’s Bitcoin’s cheapest price since January 4th, 2021, retracing some of the gains made in its early bull market. On Wednesday at 20:50 UST, Bitcoin’s price slipped from $29,000 to $28,228...

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The S&P 500 declined 3.63% on Friday, its worst day since June 2020, and posted its fourth-straight negative week for the first time since September 2020. The Nasdaq also posted a fourth-straight week of losses, after falling 4.2% on Friday. Both indexes registered their lowest closing levels of the year. “This has become a classic trader’s market as spikes in...

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WTI April crude (CL1:COM) +5.5% at $109.15/bbl, though it trades a bit below its morning high of $112.51, which was its highest level since May 2011, and May Brent (CO1:COM) +5.8% at $111.08/bbl, its best since June 2014. "Brent crude could surge to the $120 level if the oil market starts to think it is likely that sanctions will be placed on Russian energy" in...

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There is a possibility of PTON's takeover. Peloton jumps 40% as suitors including Amazon, Nike circle company...

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- Some things have been troubling me about the stock market lately. - Ah, where to begin? The S&P 500's technical image is deteriorating, for starters. - Next, the coronavirus continues to wreak havoc, and major economies could experience slowdowns again. - To complicate matters, the Fed is kicking off its taper program to be followed by rate hikes. - On top of...

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1. Buy 25 or more top quality companies over time A well-diversified portfolio typically contains 25-30 company stocks, with the more stocks you own and the longer you hold them increasing your likelihood of making money. By picking your best quality stocks with stable growth with sound fundamentals, you can build a diversified wealth over time. 2. Hold those...

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Long-Term Wealth Generation With Nasdaq Inc. " After covering CME and Cboe, it's time to look at another wealth-generating powerhouse: Nasdaq. The company has tremendous free cash flow capabilities thanks to a fantastic business model and high expected future growth. The stock isn't cheap, but I think it's still a good deal for dividend growth investors with a...

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"Brian Withers (NET): Cloudflare stock has been on a tear this year, up over 75%. While its fundamentals have improved, there's lots of excitement priced into this stock. Its price-to-sales (P/S) ratio is reaching a high-altitude, cirrus-cloud level of 77. But if the market pulls back in October, this is one you'll want to add to your portfolio. Let's find out...

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Stocks of Chinese companies tumbled in the U.S., posting the longest losing streak in more than two years, over the risks posed by a potentially widening regulatory crackdown in the nation’s technology industry. The Nasdaq Golden Dragon China Index plunged 8.5%, the steepest drop since March 2020, after officials in Beijing were said to consider forcing companies...

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Despite gold prices hitting record highs early on Monday, disjointed real interest rates in the U.S. mean there is some vulnerability in the precious metal’s current price levels, according to Lombard Odier Private Bank. Spot gold touched an all-time high of $1,980 per ounce during Asian trading hours, as a flare up of diplomatic tensions between the U.S. and...

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When the World Health Organization (WHO) says that a given anti-coronavirus product is a leader, that's about as official as it gets in the fast-moving world of COVID-19 therapies and vaccines. Earlier this year, a top WHO executive stated that Gilead Sciences' remdesivir was the leading therapy targeting COVID-19. Remdesivir, of course, has now become the de...

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" This flash selling partly caused by explosion of ETFs in equities, commodities etc. Everybody has become a self made fund manager. In a bull market this is fine....they just buy n sit on it. The problem comes when an adverse situation develops. These amateurs don't have the experience to handle the falling market n thus panicked out of their ETFs all at once. I...

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Stocks tumbled once again on Friday, capping off their worst week since the financial crisis, as worries over the coronavirus and its impact on the economy continue to rattle investor sentiment. The Dow Jones Industrial Average dropped 357.28 points, or more than 1%, to 25,409.36. The 30-stock Dow briefly fell more than 1,000 points then rallied into the close in...

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Stocks rose on Friday as investors cheered strong quarterly earnings from Intel along with apparent progress on the U.S.-China trade front. The S&P 500 climbed 0.4% to 3,022.53 and briefly traded above its record closing high. The broad index also came within inches of its intraday all-time high. The tech sector closed at a record high, rising more than 1% on...

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HK stock markets rallied on Friday after Trump said China and the US reached the first phase of a substantial trade deal that delays tariff hikes that were set to kick in next week. We saw strong support for HSI futures near 25600 level as market was optimistic on a partial US-China trade deal and the new QE of the Fed. When price broke major resistance at 26200,...

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HSI is likely to gap higher today amid delay of extra tariffs on Chinese goods. President Donald Trump said he was postponing the imposition of 5% extra tariffs on Chinese goods by two weeks, a move that delays the next escalation of the trade war and brightens the backdrop for upcoming trade negotiations. “At the request of the Vice Premier of China, Liu He, and...