News

S&P 500 made a dead cat bounce mixed with an intraday short squeeze, and given likely rise in yields (10y back above 4.33%) and muted HYG, I favor a slow decline to prevail today. Not that FOMC

Key Points

• Shutterstock is a hidden gem in today's market; its declining stock price has kept it from headlines, which should be covering all the breakthroughs that management is making

CPI came in hot, yet both yields and S&P 500 didn‘t maintain their downswings. The odds of Fed rate hikes weren‘t that much changed – speaking about both Sep and Nov, where a Nov hike is the

Following is the unofficial transcript of a CNBC exclusive interview with Citadel Founder & CEO Ken Griffin on CNBC’s “Squawk on the Street” (M-F, 9AM-12PM ET) today, Thursday, September 14.

S&P 500 made another lower high yesterday (good for a fine entry), and the sectoral composition with rising utilities isn‘t at all bullish, and financials can‘t balance that out. Former three

• Wyoming is the number one state that is home to the most successful people, with the highest number of billionaires per one million people.
• Following in second place is Hawaii, with 2.06

• Online prices fell 3.2% year-over-year in August 2023, while rising 0.4% month-over-month
• Grocery prices dropped 0.2% in August from July 2023, marking first monthly decline in 27 months

S&P 500 did that anticipated modest upswing yesterday, and in spite of wavering cyclicals followed by tech selling, the buyers regained control before the closing bell, stopping short of 4,492 Sep

In his Daily Market Notes report to investors, Louis Navellier wrote:

Defying Weakness

Stocks holding on to most of yesterday's gains. Interest rates are flat. Crude oil breaks $89.

Stocks

S&P 500 was slated to swing higher, but couldn‘t reach even 4,480s only as rotations into cyclicals didn‘t kick in really. With the 10y yield sitting on the mid 4.20s% fence (not confirmed it would

• Today FXC Intelligence published a deep dive report into TikTok and payments.
• There are a limited number of ways for creators to receive payouts on TikTok, with the platform relying on

S&P 500 continued succumbing to rising yields, breaking with ease the 4,492 support, and then rebounding off the mid 4,460s – the Nasdaq bounce taking much else alongside, was a bit too steep, and

London, United Kingdom, September 7th, 2023, Chainwire

Bumper, a decentralised finance (DeFi) protocol, today launched its crypto options killer. The equation that underpins the protocol, promises

Key Points

• Meta stock has given investors a wild ride during the past twelve months, with the low and high at a wide gap; today's environment will need to rely on the following fundamentals to

London, United Kingdom, September 4th, 2023, Chainwire

Veloce, the world’s largest digital racing media network, has just launched (10am UTC) its governance and utility token, VEXT, exclusively on

Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the task for yesterday, Sellers though need to decisively break 4,515. Non-farm payrolls in

Georgetown, Cayman Islands, September 1st, 2023, Chainwire

Kava Chain, a decentralized Cosmos-Ethereum interoperable Layer 1 blockchain, is now available on Fireblocks, an enterprise platform to

London, United Kingdom, September 1st, 2023, Chainwire

Veloce, the world’s leading digital racing media network, will be launching its Utility and Governance token, VEXT, on September 4th, 2023.

Key Points

• Shares are up 160% from last year's low. 
• Improving fundamentals supports the case for further gains. 
• Opportunities to capitalize on this abound for both long-term and

Today‘s core PCE is likely to dial back the unjustified easing Fed expectations, bringing 10y yield back to 4.25% roughly. Even though yields are to rise next year, first they would retreat in a

Yesterday‘s JOLTS stunner not only didn‘t paint the picture of economic acceleration (my humble prediction), but showed strong job market deterioration. Together with the more than five non-farm

Georgetown, Cayman Islands, August 30th, 2023, Chainwire

Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava

Zug, Switzerland, August 28th, 2023, Chainwire

Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, today announced the creation of