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Uber Motors Into Earnings as IPO Market Comes Back to Life

Uber Motors Into Earnings as IPO Market Comes Back to Life

One of the biggest IPOs in recent history reports earnings tonight, with investors looking for a big turnaround. Uber Technologies (UBER) has risen about 40 percent from its November lows. The ride-sharing giant's rally accelerated in January on hopes management would...

What’s an ABC Correction? Check out the S&P 500 This Week

What’s an ABC Correction? Check out the S&P 500 This Week

Stocks have had an impressive run since breaking out in late October. Gains have been smooth and volatility has been low -- despite negatives like geopolitical risk and coronavirus. What if you missed the boat four months ago and needed an entry? The last two weeks...

Ethereum and Bitcoin Cash Surge as Cryptocurrency Rally Widens

Ethereum and Bitcoin Cash Surge as Cryptocurrency Rally Widens

Altcoins like Bitcoin Cash and Ethereum are ripping today as buying seems to widen in the cryptocurrency space. Ethereum (ETHUSD) is up more than 5 percent in the last 24 hours, while Bitcoin Cash (BCHUSD) has advanced 11 percent. ETHUSD is the world's second-biggest...

Fintechs Like Square Seem to Be a New Hot Spot This Year

Fintechs Like Square Seem to Be a New Hot Spot This Year

As a new year gets underway, a new group is leading the market higher: financial technology, or "Fintech," companies. Stocks like Square (SQ) and PayPal (PYPL) not only stand at the crossroads of the new digital economy. They've also outperformed the S&P 500 and...

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Oil Clings to Key Level as Coronavirus Adds to Bearishness in Energy Sector

Coronavirus has caused a lot of fear in the market, and it comes at an especially bad time for the energy sector. Crude oil already had a glut of supply because of rising production in the U.S. and Russia. Demand was flagging before the disease broke out in China, and...

Monex Crypto Market Weekly: January 31

Monex Crypto Market Weekly: January 31

This post is a translation of the weekly cryptocurrency analysis by Block Insight, a wholly owned subsidiary of Monex Group (Tokyo, Japan). Monex is the parent of TradeStation Group. Summary Bitcoin (BTC) broke above $9,000 as the spread of coronavirus...

Is Coronavirus Crisis an Opportunity for Chinese Tech Stocks?

Is Coronavirus Crisis an Opportunity for Chinese Tech Stocks?

Chinese stocks have crashed on the coronavirus outbreak. Is the crisis a potential opportunity for investors? In case you forgot, the country's technology sector rallied sharply before the disease emerged in Wuhan. There were broader reasons for the gains that may...

Key Things for Stock Traders to Know About the Coronavirus Outbreak

Key Things for Stock Traders to Know About the Coronavirus Outbreak

Market sentiment has turned quickly as the deadly coronavirus spreads in China. Let's consider some key things to know as a new week begins. Stocks Were Potentially Due for a Pullback The S&P 500 had a big rally before the disease appeared. In the 15-week period...