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
The last time I wrote about Alibaba (BABA) was in June 2015 in the article titled:
Alibaba: Turnaround in Play, Current Stock Strength Will Continue
At the time the article was written, the stock was trading at about $90, since then the price increased about 88%. Alibaba is achieving strong year-over-year revenue and earnings increases. I see plenty of further growth ahead for the....More>>>
The tech-heavy Nasdaq closed higher for a fourth straight session Wednesday, while the Dow industrials finished lower, as stock investors digested hawkish comments from Federal Reserve speakers and a drop in U.S. gasoline inventories bolstered the energy sector.
I have been investing in the resource sector for the past five years. As most of you undoubtedly know, the sector is highly volatile. Therefore, I tend to look for names that I think have 50-100% upside or more, as I feel this is the kind of upside necessary, given the risks in the sector. I think Blackham Resources (OTCPK:BKHRF) is one such name.
I have about 15% of my overall portfolio....More>>>
Stifel’s Michael Scialla and Daniel Guffey warn investors not to chase the biggest gainers among the exploration & production stocks, including Denbury Resources (DNR) and Whiting Petroleum (WLL), and instead stick with more stable fare such as Anadarko Petroleum (APC), Rice Energy (RICE), and Continental Resources (CLR). They explain:
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>>>
We recently added a few new REITs to our Small Cap REIT Portfolio (as can be viewed in the Forbes Real Estate Investor).
Let’s face it, smaller REITs are risky investments, but they may have the potential for better growth than larger rivals. With large institutional investors more focused on major REITs like Simon Property Group (NYSE:SPG) or Ventas Inc. (NYSE:VTR), smaller REITs often....More>>>
The FOMC meeting announcement was just released following the two-day December Fed meeting. Here’s what we know so far…
As widely expected, the Fed raised its benchmark lending rate 0.25% to a new range of 0.50% to 0.75%. That makes a new midpoint of 0.625%. Market odds heading into today’s FOMC meeting announcement were 95%, according to CME Group’s FedWatch....More>>>
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.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom