BTC hovers near $17K as analyst identifies area of ‘real max pain’
Bitcoin (BTC/USD) remains poised near the $17,000 area as the cryptocurrency market looks to channel positive sentiment in a historically bullish December for the markets. But even then, crypto news is largely negative at the moment. And if the contagion hitting
4 central bank decisions to consider this week
The most important trading week of December has just started as traders prepare for the monetary policy decisions of four central banks. Market participants are eager to find out the decision on interest rates and the details that usually follow. These
Using the DXY to forecast US equities ahead of the December CPI report
Next week is a busy one for traders. Four central banks will release their monetary decisions (Federal Reserve, Swiss National Bank, Bank of England, European Central Bank) for the last time in 2022. But before any of these decisions will be
Is it worth owning Costco stock after its Q1 earnings report?
Costco Wholesale Corporation (NASDAQ: COST) is not inexpensive to own at its current price-to-earnings multiple of over thirty times – but it’s worth paying a premium for this stock, says Cowen’s Oliver Chen. Is Costco stock a ‘buy’ here? The chain of
Activist Dan Loeb ups his stake in Bath & Body Works Inc
Bath & Body Works Inc (NYSE: BBWI) is trading up on Friday after Dan Loeb revealed to have increased his stake in specialty retailer to 6.0%. Loeb wants seats on the board According to the activist investor, the Ohio-based company is not