The cryptocurrency is up more than 100% this year By Joseph Adinolfi, MarketWatch Bitcoin has had a banner 2016. After two years of lackluster returns, the price of a single coin soared more than 100% this year — putting bitcoin on track for its best annual performance since 2013. A wave of exuberance carried bitcoin from around $90 in January...
The cryptocurrency is up more than 100% this year By Joseph Adinolfi, MarketWatch Bitcoin has had a banner 2016. After two years of lackluster returns, the price of a single coin soared more than 100% this year — putting bitcoin on track for its best annual performance since 2013. A wave of exuberance carried bitcoin from around $90 in January...
Holdings in exchange-traded funds fall 30th straight day By Eddie Van Der Walt, Bloomberg Gold is headed for its longest run of losses in more than a year as expectations of a faster U.S. interest rate tightening cycle spur investors to sell holdings in funds backed by the metal. Prices are set for a seventh weekly decline, the longest stretch...
Holdings in exchange-traded funds fall 30th straight day By Eddie Van Der Walt, Bloomberg Gold is headed for its longest run of losses in more than a year as expectations of a faster U.S. interest rate tightening cycle spur investors to sell holdings in funds backed by the metal. Prices are set for a seventh weekly decline, the longest stretch...
By Leslie Shaffer, CNBC Markets may be betting on the greenback to scale new heights, but chances are now is the time to go short, Adrian Zuercher, head of asset allocation for Asia at UBS, said on Thursday. The dollar has surged in the wake of Donald Trump's surprise election win in the U.S. and as the U.S. Federal Reserve...
By Evelyn Cheng, CNBC Individual investor optimism jumped to a nine-year high in November, according to the Wells Fargo/Gallup Investor and Retirement Optimism Index published Tuesday. The 96 read last month marked the third straight quarterly rise and was up from 79 in the third quarter, the survey said. The last time the index approached the November level was before...
Merely judging from the headlines, one would expect BlackBerry Limited (BBRY) shares to be soaring today. The struggling smartphone maker managed to not only top analysts' earnings estimates for the recently-completed fiscal third quarter, but upped its full-year earnings guidance as well. Its software ambitions are panning out; there's measurable growth there. And yet, BBRY shares are only up a...
Be prepared for prices and sentiment to roll over By Michael Sincere, MarketWatch I’m looking forward to the second season of “Stranger Things,” the excellent Netflix science fiction series about a group of children from Indiana who encounter some odd occurrences in their hometown in 1983. I can’t help but notice there are strange things happening to the stock market...
It's finally here. After a long, exhilarating six months, all those shares of Twilio (TWLO) owned by insiders in its major initial investors in the late-June IPO are going to become free-trading shares as of Tuesday, allowing those holders to sell their positions and walk away with — despite a 58% pullback from September's high — a solid 100% profit…....
