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FUNDSTRAT GLOBAL ADVISORS
Stock market's fate comes down to next 14 trading sessionsWall Street faces a crucial period as key economic reports and the Federal Reserve's interest rate decision loom. The stock market, showing...- Crypto stock Bitmine soars 15% as billionaire Peter Thiel discloses 9.1% stakeBitmine Immersion Technologies' shares surged nearly 15% after Peter Thiel disclosed a 9.1% stake, making him the largest investor. This bo...
- Wall Street guru who predicted recent market surges now forecasts another 10%-15% rally in the coming monthsTom Lee of Fundstrat foresees a market rebound, predicting a 10%-15% rally in upcoming months despite recent losses attributed to Trump's t...
- Bitcoin tops $57,000 mark for first time since late 2021The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 a.m. Tuesday in Sin...
- Goldman lifts S&P 500 target; profit optimism to drive rallyGoldman's 5,200 price target for the S&P 500 in 2024 is now among the highest on Wall Street, joining the ranks of bulls including Tom Lee ...
- Bitcoin heads toward winning streak last seen in pandemic before record highBitcoin aims for fifth straight monthly gain, fueled by pandemic-era rally and shifting views on monetary policy. The digital asset rose 2%...
- Lockstep stock market is forcing everyone to be a macro traderWhacked around by government data and bond yields, the S&P 500 has now posted intraday swings of 1% or more in 31 straight sessions, the se...
- Bitcoin slips towards $30,000 as strategists flag near-term risksThe near-term setup is “challenging,” a JPMorgan Chase & Co. team including Josh Younger and Veronica Mejia Bustamante wrote in a note Frid...
- Bitcoin chartists see rout worsening with $40,000 in focusBitcoin is still up more than 300% since last May, but the speed of the recent rout has shaken crypto’s new believers and cast doubt on the...
- Cboe Volatility Index below 20The volatility measure peaked on March 18 at 85.47 and has tumbled 77% since then. Friday’s drop of 6% came as the S&P rose 0.5%.
- Tesla boots the bitcoin bandwagon closer to corporate AmericaWhile crypto acolytes have been saying for some time that corporate adoption is imminent, in reality it had been limited to firms such as M...
- Stock bulls may soon be emboldened by VIX’s drop to key levelThe Cboe Volatility Index -- or VIX -- has dropped 16 points since late October to about 24, as expectations for market gyrations ebbed fol...
- Bitcoin surpasses $12,000 then tumbles in wild weekend actionThe world’s largest cryptocurrency rose to $12,112 in trading just after midnight New York time.
- Bitcoin breaches $10,000 to hit highest level since OctoberIt has capped a gain of about 40 per cent so far this year.
- A $1,800 drop in minutes: Bitcoin volatility in full swingBitcoin soared as much as 39 per cent this week to $13,852, the highest since January 2018.
- In this meltdown, buy ‘babies tossed out with bathwater’, says OppenheimerThat sell-off has taken a hammer to forward price-to-earnings ratios.
- Crypto wealth falls by $45 billion, but why bitcoin diehards are still happy?Bitcoin, the most popular of the bunch, dropped 3.7 per cent this week to $8,117.43.
- Bitcoin price surges 16% in sudden move to top $8,000Bitcoin climbed 16%, piercing both the $7,000 and the $8,000 levels in a matter of minutes.
- Bitcoin forecast ratcheted up to $6,000 by Lee as optimism growsEvery 10 per cent increase in user accounts adds $222 to bitcoin’s value.
- The $1 trillion short underlying US stocks’ spring awakeningPosition reports from the Commodity Futures Trading Commission show mutual fund managers are more skeptical now than any time since at leas...
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