Category Archives: Syndicated
Bitcoin briefly dips below $30,000, drops more than 56% from its all-time high
(CNBC) Bitcoin dropped below the $30,000 level late Monday, breaching a symbolic price threshold. At its lowest price point, the world’s most popular cryptocurrency was more than 12% lower on the day — and more than 56% off its November […]
HFRI reports gains for hedge funds in April
(Hedgeweek) Hedge funds posted gains in April, as global equities and bonds suffered historic declines, accelerating an unprecedented hedge fund outperformance trend driven by powerful, broad-based gains across macro sub-strategies, according to data released by HFRI. To read this article:
40% of bitcoin investors are now underwater, new data shows
(CNBC) Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got […]
Macro hedge funds stand out in volatile April
(Opalesque) Hedge funds posted gains in April as global equities and bonds suffered historic declines, accelerating an unprecedented hedge fund outperformance trend driven by powerful, broad- based gains across Macro sub-strategies, according to data released today by HFR®, the established […]
Bitcoin drops below $34,000 over the weekend, extending Friday’s losses
(CNBC) Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to plummet by roughly 10%. Bitcoin, the world’s largest digital currency by market value, was […]
Stock futures slip as Wall Street attempts to stabilize after rollercoaster week
(CNBC) Stock futures fell on Sunday evening as traders looked for the market to find its footing after a dramatic week of trading. Futures tied to the Dow Jones Industrial Average dropped 400 points, or 1.22%. S&P 500 futures fell […]
Stocks Could See More Tumult This Week, Especially If Bond Yields Continue To Scream Higher
(CNBC) After last week’s extraordinary turbulence, stocks are likely to remain volatile as investors await fresh data on inflation and watch the course of bond yields. The big report for markets is Wednesday’s April consumer price index. Economists expect a […]
Tech trading in turbulent times
(Hedgeweek) Hedge funds trading technology companies endured a bumpy start to 2022, with bets on a slew of blue-chip stocks souring as investors took flight amid fears of rising inflation and interest rates coupled with concerns over US economic growth. […]
Stock futures are little changed after Dow’s worst day since 2020
(CNBC) Stock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were near flat. S&P 500 futures traded near the flatline and […]
Elon Musk expected to serve as temporary Twitter CEO after deal closes
(CNBC) Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC’s David Faber. An SEC filing on Thursday revealed […]
Tech sell-off pushes Nasdaq to steepest drop since June 2020
(CNBC) Cloud companies, e-retailers and household tech names got hammered on Thursday, wiping out hundreds of billions of dollars in market value and pushing the Nasdaq Composite to its worst one-day plunge since June 2020. A day after the Federal […]
The selloff is overdone
(Opalesque) Authored by Heeten Doshi, founder of Doshi Capital Management: Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq […]