Tag Archives: s&p 500

Recently, the new fintech terms came to town. We are already used to certain terms such as FAANG, FANG and even FAAMNG. When it comes to stocks, and especially technology-related ones, the times are certainly “a-changing”.2020 began already as a pretty turbulent one. With great geopolitical tensions, an unsure trade deal between the U.S. and China, Donald Trump’s impeachment (moreover, Meghan and Harry are leaving the Crown) – it seems that there is going to be a pretty tough year for big...

Shares of techno giant Apple Inc. jumped to another record high on Wednesday, and have doubled over the past year. The company’s report on its app store sales said that App Store sales reached $1.42 billion between Christmas Eve and New Year Eve.This represents a 16% increase from the same holiday-season period a year ago. Just on New Year’s Day, App Store customers spent a record of $386 million in just one day. That is 20% more than the case was last year.The App Store started with its work...

Equity futures in the U.S. along with shares in European and Asian markets have begun to rise again. This is the desired response as some calm develops with the ongoing tensions between Iran and the U.S.President Donald Trump, in a speech delivered yesterday, suggested that the U.S. will be tuning down the conflict. Regardless of the somewhat repeated attacks at the U.S. embassy in Baghdad, the Trump administration seems to prefer calm to chaos.Conflict began days ago when the U.S. admitted...

Bitcoin hit its record yesterday coming to $8,400. However, the reasons for that are not as nice as it might seem. There is something to do with the current U.S.-Iran political tensions.Yesterday political situation came to its climax when the Islamic Revolutionary Guard Corps confirmed that it conducted rocket attacks on the Al Asad base in western Iraq that hosts American troops.Right immediately after this news was outlived, all “safe haven assets” jumped sky-high. But let’s go from the...

Many market participants were talking about the grand crash possible in the Q1 2020. And now it looks like the disaster is slowly entering the room.The stock market is crashing on Monday, opening with a 136 points drop. Apple and Microsoft were saving the situation at the end of the year, but the overall picture now is not so good. The trading issues between the U.S. and China, as well as the recent actions of President Donald Trump against Iran, seem to add uncertainty to both local and...

The geopolitical tensions are high as Iran said that it will no longer abide by uranium enrichment limits and Donald Trump has claimed to attack them like “they’ve never been before”.While this is happening, WTI oil prices increased by as much as 2% overnight (and it is quite impressive, right?) as Brent Crude topped $70 per barrel. Since September this is the first time that such a situation has happened. Also, it’s worth mentioning that gold managed to almost reach $1,600/ounce which is the...

As we have already reported, Bitcoin (BTC) was for sure the best profitable investment in 2019. If we compare it to “more traditional assets” it still seems we are right:• Nasdaq: +33.98 percent• S&P 500: +30.80 percent• Dow Jones: +24.23 percent• Gold: +17.83 percent• Bitcoin: +96.81 percentAlso, the network hash rate once again breached previous records as well. When looking at the data from numerous monitoring resources – it is sure that the hash rate was at its highest on the first...

Even though we can say that Bitcoin was one of the assets that grew almost 100% this year, it seems that Euro Pacific Capital CEO Peter Schiff doesn’t agree.In his tweet, Schiff pointed out that that Bitcoin is the only asset class that is not rallying at the moment.Bitcoin is not disappointing those who claim its true value is that it’s a non-correlated asset. Every asset class in the world is rallying into the end of the year except Bitcoin. Not sure what value this actually adds, but at...

The general consensus this year, even by people who aren’t exactly deep into financial metrics, is that 2019 has been mostly good. On average, global stock markets have performed impressively and still push on. For specifics, Deutsche Bank’s Chief Economist Torsten Slok has highlighted the global stock markets’ 2019 pump to be over $17 trillion.For several reasons including more attention by government and financial authorities, the progress has been quite noticeable. According to Slok,...

This year of 2019 turned out to action-packed with respect to the cryptocurrency market and the global economy in general. Undergoing a massive crypto winter in 2018, the crypto market saw some recovery especially in Q2 2019. If we look at the year-to-date performance, the overall cryptocurrency market cap surged by 60%. Thanks to Bitcoin‘s performance giving 100% returns during the same period.Also, if we look at the traditional markets, they have performed beyond investors’ expectations....