European stocks plunge again as coronavirus spreads further; Stoxx 600 down 2%

The pan-European Stoxx 600 plummeted by another 2% early in the session, with travel and leisure stocks dropping 3.5% to lead losses as all sectors and major bourses traded in negative territory. The spread of the coronavirus continues to rattle global markets; overnight, Australia led the losses among major Asia Pacific markets as investors withdrew amid concerns over the […]

Fears of a ‘supply shock’ are rattling stocks and global markets as viral outbreak continues

There’s something different about the threat COVID-19 poses to the global economy. And that’s what has investors worried. “Because of its genesis in China, coronavirus is both a demand and a supply shock to the global economy,” said Brian Nick, chief investment strategist at Nuveen, in a Tuesday note. “Outside of China, however, evidence based […]

Eastgate Biotech securities suspended from trading by SEC

The Securities and Exchange Commission temporarily suspends trading of Eastgate Biotech (OTCPK:ETBI) securities due to concerns about “the adequacy and reliability of publicly available information concerning ETBI since at least Jan. 30, 2020 about, among other things, the company’s purported international marketing rights to an approved coronavirus treatment to potentially combat the Wuhan coronavirus.” Trading […]

Dow Jones Futures Rebound After Tech Titans Lead Stock Market Rally Sell-Off

Dow Jones futures rose sharply late Monday, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered heavy losses Monday as coronavirus cases spread rapidly outside of China. Mastercard stock and Moderna stock moved overnight on coronavirus news, while Tandem Diabetes (TNDM) reported earnings. Apple stock, AMD stock, Tesla stock, Nvidia stock, […]

How to Tell If a Bitcoin Bear Market Is Coming

Bank of America Securities recently released a set of 19 ‘bear indicators’—signs that a bear market is coming. A bear market is defined by a loss of value greater than 20%. Some believe you can predict Bitcoin’s price using similar analysis. Of the 19 indicators, more than 60% have been triggered, indicating that the market […]