Day: October 19, 2021

Blockchain
Cryptocurrency

Mnuchin Is Investing in Blockchain — Not Crypto: Milken Update

(Bloomberg) — Former U.S. Treasury Secretary Steven Mnuchin said at the Milken Institute Global Conference that he’s investing in blockchain companies but not cryptocurrencies. Investors should know what their money is going toward when it comes to investing in stablecoins, he said Tuesday at the conference in Beverly Hills, California. Mnuchin touted cyber space as […]

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Bitcoin
Cryptocurrency

Why Do Bitcoins Have Value? Bitcoin Explained

Bitcoin (BTCUSD) is often referred to as digital currency and as an alternative to central bank-controlled fiat money. However, the latter is valuable because it is issued by a monetary authority and is widely used in an economy. Bitcoin’s network is decentralized, and the cryptocurrency is not used much in retail transactions. However, it can be […]

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Penny Stocks
TradersPro Penny Stocks

X Financial (XYF)

Trade Setup X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan product is Xiaoying credit loan, which consists of Xiaoying card loan and revolving loan Xiaoying credit loan catering to the credit card holders; and Xiaoying preferred loan […]

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Penny Stocks
TradersPro Penny Stocks

Xunlei Limited (XNET)

Trade Setup Xunlei Limited, together with its subsidiaries, operates an Internet platform for digital media content in the People’s Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; […]

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TradersPro New Uptrend

Yiren Digital Ltd. (YRD)

Trade Setup Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People’s Republic of China. It provides loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company’s loan products portfolio includes unsecured consumer loans; secured consumer loan, which […]

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TradersPro Alerts

HEXO Corp. (HEXO) Buy Target $2.75 Sell Target $3.42

Trade Setup Buy Target $2.75 Sell Target $3.42 HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. The company offers its adult-use and medical […]

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TradersPro New Uptrend

Yunji Inc. (YJ)

Trade Setup Yunji Inc. operates a social e-commerce platform in the People’s Republic of China. It offers a range of product categories that cater various daily needs of users and their households, including beauty and personal care, household goods, cloths, food and fresh produce, computer and electronics, apparel, bags and cases, baby and maternity products, […]

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TradersPro Alerts

Camber Energy, Inc. (CEI) Buy Target $2.38 Sell Target $3.33

Trade Setup Buy Target $2.38 Sell Target $3.33 Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in the Cline shale and upper Wolfberry shale in Glasscock County, Texas. As of March 31, 2020, its total estimated […]

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Car Insurance
Insurance

Tesla's discount car insurance rolls into another state — should you hop in?

Tesla’s discount car insurance rolls into another state — should you hop in? After a limited and frustrating start, Elon Musk is finally getting his shot at revolutionizing the car insurance industry. Tesla Insurance launched in Texas this week, free from laws that have shackled its technology in California for the last two years. The […]

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Real Estate Bubble
Real Estate Crash

Is Zillow’s plunging stock price a warning about the housing market?

Back in February, Zillow’s stock was trading at an all-time high of $212. On Monday, it finished the day perilously close to its 52-week low, closing at $85.46. The fairly steady eight-month decline comes despite a red-hot U.S. housing market. And that’s making some investors nervous. Is Zillow a canary in the residential real estate […]

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Earnings Reports
Netflix
Squid Game

Netflix Subscriber Growth Beat Estimates. Squid Game Is Officially Its Most Watched Show.

Netflix said 142 million member households viewed Squid Game in the first four weeks after its release. Courtesy of Netflix Netflix shares inched higher in late trading Tuesday after the streaming video giant posted  better-than-expected subscriber growth for the September quarter, while projecting further gains in the fourth quarter. For the quarter, Netflix (ticker: NFLX) […]

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Low Interest Rates

BofA warns of 0% returns over the next 10 years — but here's the 1 key strategy to fight it

BofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next […]

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Bitcoin
Cryptocurrency
Ethereum

Bitcoin vs. Ethereum: Which Is a Better Buy?

It’s no surprise that investors are interested in cryptocurrencies. They’re among the best performing asset classes this year. And the crypto community has rallied around the emerging asset class, stirring hype that cryptocurrencies are the next big thing in finance. Bitcoin was first traded in 2009. Back then, you could buy one of the new […]

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Free Cash Flow
Warren Buffett

Warren Buffett is holding these stocks for monstrous free cash flow — why you should too

Warren Buffett is holding these stocks for monstrous free cash flow — why you should too Wall Street pays a ton of attention to company earnings. But reported earnings are often manipulated through aggressive or even fraudulent accounting methods. That’s why risk-averse investors need to focus on companies that generate gobs of free cash flow. […]

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Crude Oil
Natural Gas
Oil
One Hot Stock

Antero Resources Corporation (AR) – Buy Price: $21.50 or better

Buy Price: $21.50 or better Sell Price: TradersPro Sell Signal Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2019, the company had approximately 451,000 net acres in the southwestern core of […]

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