Author: super@dmin
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Outside the Box: There’s more whipsaw trading to come in the stock market, according to Elliott Wave theory
This correction will be longer and deeper than most expect.
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London Markets: London stocks rise as oil prices rebound, Brexit deal is confirmed
London markets find support Monday after a Brexit deal was approved over the weekend between the U.K. and the European Union, and a rebound in crude oil prices lifts some big-name energy stocks.
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Cryptos: Bitcoin makes 14-month low and is now down nearly 40% this month
The crypto crisis deepened over the weekend when major digital currencies crashed to fresh lows.
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Economic Report: Strong hiring lifts Chicago Fed’s national economic measure, as housing cools
A strong job market largely accounted for the acceleration in a broad measure of the U.S. economy from the Chicago Federal Reserve in October.
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Bond Report: Treasury yields tick higher as traders brace for 2-year debt auction
Treasury yields edge higher on early Monday trading ahead of a key debt auction that could indicate investors’ appetite for short-dated U.S. government paper
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Need to Know: Here’s how the S&P 500 can avoid the next ‘Big Red Wave’ of selling
Our call of the day looks at another critical moment coming up for stocks, and one that may be avoided if the stars align for these big five things.
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Asia Markets: Asian markets jump higher following Friday’s selloff
Asian stock markets were broadly higher in early trading Monday following Friday’s U.S. selloff and another plunge for oil.
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Market Snapshot: Bitcoin’s haven claim is destroyed amid broad pummeling of riskier assets
Bitcoin plunges around 30% in 10 days, and “there is no one left to buy.”
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The Wall Street Journal: Trump blames Mnuchin for Powell’s Fed interest rate policy
The Wall Street Journal reports President Trump is unhappy with Treasury Secretary Steven Mnuchin, because his Federal Reserve chairman pick has been raising interest rates, a move Trump worries will jeopardize his 2020 chances
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Mutual Funds Weekly: Promising stock treasures may at first look like trash
The stock market right now doesn’t care how fantastic your stocks are.