Apr 29 2015 @ 14:14
All three of the leading U.S. stock market indices are down today following the Commerce Department’s report on the GDP for the first quarter, whilst observers are still waiting to hear the monthly report from the Federal Reserve. At 1:30 pm EDT the Dow and the S&P 500 are both down 0.64%, with the Dow down […]
Apr 26 2015 @ 20:42
Price news A sharp ten dollar rally on Tuesday could not be sustained and the price still seems to be trending downwards. Seven-day average price: $229.29 End of week market cap: $3.1 billion (Prices quoted according to Coindesk Bitcoin Price Index) There was quite a few things happening in the exchange space this week: Exchange […]
Apr 25 2015 @ 12:36
Fifteen years ago, in 2000, the sages warned that the dot.com bubble was going to burst. They were right. It did. I don’t remember them saying that it would come bubbling back in 2015. But it did – yesterday. Some may want to call it by a different name, but when the NASDAQ (
NASDAQI:COMPX) rose […]
Apr 23 2015 @ 10:30
The New York Stock Exchange is still waiting for the opening bell as I commence this story, but Caterpillar (
NYSE:CAT) is already up 2.7% in pre-market trading as the company reported an earnings of increase just in excess of 20% at $1.1 billion and a diluted profit per common share of $1.81, up 26% from […]
Apr 22 2015 @ 15:19
The share price of BP (LSE:BP.) closed marginally down (0.05%) at 479.75 after reaching 484.20 in intraday trading, up at the point by 0.875%. BP continues to trade nearer to the low end of its 52 week range if 364.40 to 526.80. But today’s story is not so much about its share price activity today […]
Apr 19 2015 @ 22:41
Price news The bitcoin price has fallen for yet another week, with little expected good news on the horizon. It’s also been a fairly quiet week on the financial news front, with few stories to select from for the roundup. Seven-day average price: $222.87 End of week market cap: $3.2 billion (Prices quoted according to […]
Apr 13 2015 @ 05:07
Price news Following its failure to break the $300 barrier, the bitcoin price is continuing to slump, with murmurs building in the community of yet lower prices ahead. Seven-day average price: $243.13 End of week market cap: $3.2 billion (Prices quoted according to Coindesk Bitcoin Price Index) BNY Mellon Testing Blockchain Technology Headed by CIO, […]
Apr 08 2015 @ 09:43
Royal Dutch Shell (
LSE:RDSA) (
LSE:RDSB) pushed other world news off the front page this morning, announcing that it has agreed to buy BG Group (LSE:BG.) for $70 billion dollars (£47 billion) at a premium of 50% on BG’s closing price yesterday, which was 910.40. That would price BG shares at 1,365.60. BG shares jumped to […]
Apr 05 2015 @ 20:49
Price news It’s been a very steady week (in bitcoin terms!), with price trading mostly in the $245 and $255 range. Seven-day average price: $250.81 End of week market cap: $3.6 billion (Prices quoted according to Coindesk Bitcoin Price Index) Due to a busy couple of weeks I missed last week’s report, so this time […]
Apr 05 2015 @ 17:55
GOLD (XAUUSD) Dominant Bias: Bullish The dominant bias on Gold has turned bullish as bulls are making effort to push price north. This fact has proven to be true in the last few weeks. There is a Bullish Confirmation Pattern in the market and it is likely that bears effort will often be frustrated, enabling […]