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Daily Uptrend Resumes as Stocks Avoid September Sell-Off
On Tuesday we discussed the potential for a September sell-off for stocks. It appears have been averted — for now. Stocks printed their lowest point on day 21, which is early to expect a DCL to form. However, stocks did not deliver bearish follow through on Wednesday. Instead, stocks found support at the 6350 level and formed a swing low and closed back above the 10 day MA.  Stocks went on to…
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Strange sell-off in dollar raises specter of investors losing trust in America...
NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a…
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS EOS was trading mostly higher on Monday, as the token remained close to a three-month high. Last Wednesday saw EOS/USD rise…
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Jed McCaleb empties XRP wallet after eight-year selloff
Jed McCaleb empties XRP wallet after eight-year selloff
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing.
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European stocks pull back after Wall Street sell-off
European stocks pull back after Wall Street sell-off
European stocks pull back after Wall Street sell-off European markets retreated on Friday, tracking global caution after Wall Street posted its worst day since 2020. European markets retreated on Friday, tracking global caution after Wall Street posted its worst day since 2020. Go to Source
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S&P 500 Sell-Off Deepens: Tech and Energy Stocks Get Crushed
S&P 500 Sell-Off Deepens: Tech and Energy Stocks Get Crushed
Today’s selling was brutal and broad across every sector, with oil stocks getting pummeled and the tech sell-off continuing.
On Sept. 8, the S&P 500 Index (SNPINDEX:^SPX) continued to tumble lower, with today’s 95-point decline erasing 2.8% in value. That marks the third-straight session where the index, which makes up about 80% of the market value…
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