Bitcoin's 'Sell The Fact' Pullback Came From Binance, OKX: Kaiko – CoinDesk
Bitcoin (Bitcoin) Stocks have been under pressure since spot exchange-traded funds (ETFs) began trading in the U.S. last Thursday. The selling pressure is concentrated on the top crypto exchanges by trading volume, Binance, OKX, and Upbit, according to data tracked by Paris-based Kaiko. Bitcoin, the top cryptocurrency by market capitalization, is trading at $42,700 at […]
Strategist names his top five picks to buy in this pullback, including one popular technology stock – CNBC
Investors may want to use the recent market pullback as an opportunity to snap up stakes in popular blue-chip stocks like Amazon, said Jay Woods of Freedom Capital Markets. “Stocks just broke out, fell back, came back into support, but I think they'll rise in the AI space, in the grocery space, in the fundamentals […]
BlackRock layoffs coming as firm matures, ESG pullback and Bitcoin ETF approval
Tennessee Attorney General Jonathan Scumetti details the lawsuit against BlackRock regarding Varney & Company. BlackRock, the world's largest asset manager, plans to announce layoffs of about 3 percent of its global workforce in the coming days, Fox Business reported. The layoffs of about 600 employees have not yet been reported, but are described as routine […]
An options trade with no cost that wins if this is just a short market pullback and not a bigger sell-off – CNBC
Santa's sleigh has left Wall Street for the first time in about 10 years (2015-2016). The “Santa Claus Rally” refers to the tendency of the S&P 500 to rise during the last five trading days of the calendar year and the first two trading sessions of the new year. As New Year's anxiety crept into […]
Jim Cramer says investors should buy this Magnificent Seven stock on a pullback – CNBC
Each week, Jim Cramer's CNBC Investing Club releases a Homestretch audio feature to coincide with the last hour of trading on Wall Street. Here is today's edition. Stocks are rising and the S&P 500 is trying to break a three-day losing streak, but the Nasdaq has some work to do if it wants to end […]