Posts From Mark Cooper
After dipping below $ 6,000 earlier this month, the price of cryptocurrency Bitcoin surged as high as $ 8,040 Friday on one of the world’s largest exchanges, Bitfinex. The globally weighted average-high Bitcoin prices were slightly lower, sitting at $
Some investing pitches target your inner optimist, with a promise of “outperformance” or a hot stock tip. But others address the pessimist in your soul: Something’s bound to go wrong, they whisper, and we can keep you safe. You can
Think stocks are rising just because of taxes? Nope. It’s the earnings, stupid. Stocks soared Thursday thanks to strong quarterly results and healthy outlooks from Dow components Cisco Systems (CSCO, Tech30) and Walmart (WMT). The Dow rose nearly 200 points,
Industrial conglomerate Siemens is planning to cut 6,900 jobs, mostly in Germany and the U.S. Most of the job cuts will hit the Siemens (SIEGY) unit that provides turbines and services to companies that generate power from oil and gas.
Goldman Sachs CEO Lloyd Blankfein is ratcheting up his one-man campaign to keep the U.K. in the European Union, appearing to urge the country to hold a second referendum to ‘confirm’ that it really, really wanted Brexit. “Here in UK,
1. Negative Cash Flows “If you can’t make money selling a $ 100,000 car to rich people, how are you going to make money selling a $ 45,000 car to normal people?” Rocker told The Times. He was referring to
Yesterday, it was CHF Solutions – a $ 10 million market cap medical device-maker – that exploded 500% higher on no news, no catalyst, no event. Today it is the turn of China Advanced Construction… China Advanced Construction Materials Group, Inc. produces construction materials for
Bitcoin is on an exceptionally wild ride. The digital currency gained as much as $ 920 on Monday, before losing some ground to trade near $ 6,500. Over the past week it has bounced as high as $ 7,720 and
Sen. Ron Johnson (R-Wis.) has come out against the Senate Republican’s tax bill, the Tax Cuts and Jobs Act, according to a Wall Street Journal report. “I realize what’s about to happen to me, OK?” Sen. Johnson told the WSJ.
Did you know that Venezuela just went into default? This should be an absolutely enormous story, but the mainstream media is being very quiet about it. Wall Street and other major financial centers around the globe could potentially be facing