DFSCoin (CURRENCY:DFS) traded 6.4% higher against the US dollar during the one day period ending at 9:00 AM Eastern on April 21st. One DFSCoin coin can currently be purchased for about $0.0488 or 0.00000560 BTC on cryptocurrency exchanges including CoinExchange and Cryptopia. In the last seven
On Friday, our Elite Opportunity Pronewsletter suggestedhad this to say about gold and leveraged gold ETFs:
It’s our thinking gold is likely to reverse its recent bullish trend one more time before we’ll know if it wants to finally bottom for a good while. It’s important to remember hindsight is always brilliant, and it can make a fool out of anyone. However, we’re....More>>>
On Monday, Brazilian state-run oil giant Petrobras (NYSE:PBR) announced its earnings results for the third quarter that ended on September 30. According to the companys press release, Petrobras made a net profit of $81.1M, primarily thanks to the increase in exports, the growth of oil prices and gains from the sale of Nova Transportadora that occurred earlier this year.
I’ve been renovating my house for far too long now, and when I bumped into my neighbor the other morning I apologized for the incessant and seemingly endless noise from construction. “Not to worry” he jovially exclaimed. “You’re increasing the value of all our houses!” Ahh… the beauty of nice neighbors. Such is the case with Toronto, Ontario....More>>>
My favorite discovery in the field of behavioral economics confirms what we already knew deep down, even if it contradicts “common sense”–that experiences are more valuable than stuff. I recently put this finding to the test:
Concert of a Lifetime
Those were my wife’s words when I called her from the road, rushing to....More>>>
March has brought madness to airline stocks, including United Continental Holdings (UAL), Delta Air Lines (DAL), and American Airlines (AAL). But the recent pullbacks aren’t a buying opportunity, say Imperial Michael Derchin and Adam Hackel.
Agence France-Presse/Getty Images
I recommended United Continental on Nov. 19, the week that Warren Buffett’s Berkshire Hathaway....More>>>
Those seeking a do-it-yourself approach to duration matching with bond funds may underestimate the difficulty of the task.
Duration-matching is not straightforward when shares of the bond fund must be sold to meet ongoing retirement expenses. If rates have risen, shares of the bond fund may need to be sold at a loss, with more shares sold to meet a given spending objective.
The stock market saw some volatile movements on Wednesday, and major market benchmarks moved in different directions in response to crosscurrents across the various sectors of the economy. On one hand, macroeconomic strength showed up in a favorable boost in private payroll figures, which confirmed the sense that the employment picture continued to improve. Yet the move also made a March interest....More>>>
The Dow Jones today jumped 57 points in pre-market trading after Facebook Inc. (Nasdaq: FB) posted better-than-expected earnings. Facebook beat revenue estimates by 4% and announced that it had increased its workforce by 48%. Much of the market expected Facebook to report losses on
Active money management is alive and well, at least at T. Rowe Price Group Inc.
The firm attracted $11.3 billion in client cash in the first quarter, the biggest inflow in six years and the second biggest quarterly haul in the company’s history, spokesman Brian Lewbart said in an em
Indonesian equities dropped the most in Asia, with the benchmark gauge sinking to its lowest level since Dec. 15, on concern that Bank Indonesia may raise interest rates for the first time since 2014 to defend the currency, which is already hurting economic growth.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.