Markets

Dow Jones started the day with losing 1,058 points, or 4.7%. The S&P 500 was down 4% and the Nasdaq was 3.87% lower. Alphabet (GOOGL) stock is in the red as well.Friday’s trading started with Wall Street in red, with tech stocks going south. For instance, Alphabet Inc (NASDAQ: GOOGL) stock started the trading session at $1,127.47. At the moment of writing, Alphabet stock makes up $1,120.00 per share. It means that now GOOGL stock is falling nearly 4% if compared with the previous...

Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency trading platform in the world – has joined the ranks of Ross Ulbricht, Charles Hoskinson and Tim Draper to claim that bitcoin will soon break the six-figure mark.Changpeng Zhao Thinks BTC Will Go All the WayMany analysts seem to have predicted that bitcoin, the world’s number one cryptocurrency by market cap, will reach $100,000 or more. Both Ross Ulbricht – the runner and founder of dark web marketplace...

BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...

Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level.The cryptocurrency has been bouncing in a very tight range between $135 and $140 for the past 4-days.Ethereum dropped beneath the crucial 0.021 BTC support this week to drop as low as 0.0201 BTC.Key Support & Resistance LevelsETH/USD:Support: $135, $120, $110.Resistance: $140, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.02 BTC, 0.0196 BTC.Resistance: 0.021 BTC, 0.0215 BTC, 0.022 BTC.ETH/USD:...

Boris Johnson, the United Kingdom’s Prime Minister, is going to self-isolation on Downing Street. Health Secretary Matt Hancock went under forced self-isolation too.The Brexit supporter and Great Britain’s valuable politic Boris Johnson has tested positive for coronavirus. He will remain at his home, waiting for recovery. The clouds around London are especially heavy. On Thursday, Boris had the first symptoms, so he went to the doctor and then received the unhappy news. Johnson will continue...

Apple (AAPL) stock rose by over 5% yesterday but is falling today. The company is testing an AR/VR headset with HTC Vive-like controller that is set to be launched in 2021 or 2022.Apple Inc (NASDAQ: AAPL) stock rose by over 5% yesterday, March 26, approximately $12.92 to hit $258.92. As with many other U.S. stocks, Apple stock rebounded strongly after the coronavirus panic sell-off that resulted in the huge fall. The prices retested a once strong resistant zone back in 2018, however, this...

Tesla (TSLA) stock price rose by about 20% in the past week alone. Will it continue this way? Though there are some doubts due to the coronavirus concerns, prices see to remain steady.Tesla Inc stock (NASDAQ: YSLA) has gone up this week. Sources say that stock prices moved more than 40% in the past week alone. Price on Thursday, the 19th March 2020 price was at $427.64. On the 26th of March which is a week later, the price has risen to $528.16 (at the closing bell). The difference in a week...

Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.The Glassnode data shows that BTC holders are sending their coins away from the exchanges and even the custodial services. Per the stats, Bitcoin price may be in the accumulation stage. After it ends, the bull run is imminent. Since March 18, the major exchanges were losing tons of...

Well, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. Is any further damage already priced-in?On Thursday, March 26, Dow Jones surged 6.38% closing the day 1351 points higher at 22,552 levels. This has been the index’s biggest 3-day surge since 1931. Just in the last three days, Dow has added nearly 4000 points to its rally.However, it was all surprising to see the markets rally...

Everyone is looking for ways to get rich and accumulate wealth quickly. Some people buy lottery tickets or engage in networking. However, a lot of them tend to overlook one of the best tools for wealth accumulation: the stock market.If you are just getting started with stock market investing, you can get easily overwhelmed by the potential income that you can generate from the stock market. But how do you begin to make money from stocks? Here are some steps on how you can invest in the stock...