Crypto mining stocks roared back as cryptocurrencies continued their comeback. Riot Blockchain (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) jumped by ~13% and ~10%, respectively on Wednesday. Bitcoin price targets $30,000 The crypto industry has had a mixed week. On the one hand, Bitcoin and other altcoins have made a strong comeback. Bitcoin is now… Continue reading Riot Blockchain, Marathon Digital stocks roar as Bitcoin price soars
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NASDAQ 100 is on track for more gains as it enters bullish market territory
Only two trading sessions are left from the first quarter, and the stock market is on track to make more gains. NASDAQ 100, in particular, is on a mission after it jumped more than 20% from its December lows. According to the textbook definition, whenever the market does that, it officially leaves the bear market… Continue reading NASDAQ 100 is on track for more gains as it enters bullish market territory
Faraday Future stock price: Lessons from Rivian, Lucid
Faraday Future (NASDAQ: FFIE) stock price retreated this week even as the company made a major announcement on Wednesday. The shares dropped to a low of $0.3544, the lowest level since January 10 of this year. It has plunged by almost 100% from its highest point on record. Uncertain future ahead Faraday Future, an electric… Continue reading Faraday Future stock price: Lessons from Rivian, Lucid
Nasdaq 100 index, QQQ stock are on the cusp of a bullish breakout
The Nasdaq 100 index and Invesco QQQ stock have moved to a bull market as technology companies continue their strong comeback. QQQ, which is the biggest Nasdaq 100 ETF, jumped to a high of $313.71, which is ~20% above the lowest point since December 23rd and ~22% above its November lows. Technology rally continues The… Continue reading Nasdaq 100 index, QQQ stock are on the cusp of a bullish breakout
S&P 500 could hit 4,600 by the end of the year: Ed Yardeni
S&P 500 is currently up more than 5.0% versus the start of the year, which, Ed Yardeni says, is a only a trailer of what’s to come. Yardeni explained his bullish view on CNBC That’s an interesting call since many are still worried about the recent bank failures. On top of that, there’s fear of… Continue reading