Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements

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Saturday, Feb. 23 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time. Bitcoin (BTC) is hovering under the $4,000 mark again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down 0.26 percent on the day, trading at around $3,976 after a brief mid-day high of $4,005, according to CoinMarketCap data. Looking at its weekly chart, the current price is over 8 percent lower than $3,643, the price at which Bitcoin started the week. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH)…

HSBC ETFs Public Limited Company – HSBC MSCI Japan UCITS ETF (HMJD) Is Yet to See Trading Action on Feb 23

Shares of HSBC ETFs Public Limited Company – HSBC MSCI Japan UCITS ETF (LON:HMJD) closed at 31.58 yesterday. HSBC ETFs Public Limited Company – HSBC MSCI Japan UCITS ETF currently has a total float of shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 24.97 and high of 35.91. FTSE 100 Index: Driving The U.K. The Financial Times Stock Exchange 100 Index (FTSE 100 Index) or FTSE 100 for short, is the benchmark index of the top 100 largest and most…

Does the Economy Predict Stock Returns?

Investors, economists and the media spend an enormous amount of time and energy trying to forecast the economy. The idea is that forecasting economic growth will give us an idea of where the stock market is headed. Surprisingly, no predictive relationship exists between current economic conditions and the current stock market. US Gross Domestic Product (GDP), a measure of the overall output of the US economy, grew at an average rate of 6.5% before inflation over the past 58 years. The GDP growth rate itself was relatively stable and positive…

MF wrap: Equity fund folio helps add 6.62 lakh investor accounts in January; gold ETFs hit

Equity fund folio addition boosted domestic mutual fund industry, helping it register over 6.62 lakh more investor accounts in January, Securities and Exchange Board of India (SEBI) data shows. Total investor accounts stood at 8.1 crore in January. Equity funds added 3.80 lakh accounts last month, taking the total equity fund folios to 4.99 crore. Fund managers attributed the addition in equity fund folios to the matured behaviour of retail investors who were seeing the market fall as an opportunity to invest their surplus money. The Nifty-50 and Nifty-500 indices,…

Marijuana Stocks and ETFs: Risks and Rewards – February 22, 2019

Marijuana Stocks and ETFs: Risks and Rewards - February 22, 2019

Pot stocks are soaring again. After a rough end to 2018, many of the top stocks have been on a great run since January. Shares of GW Pharmaceuticals (GWPH – Free Report) have been gaining after the company’s epilepsy drug, Epidiolex, became the first cannabis-derived drug to receive approval from the FDA. Last year, Tilray (TLRY – Free Report) received the DEA’s approval to import a cannabinoid study drug into the U.S. The stock, which IPO’ed on the Nasdaq back in July at $17, is up about 250% since then.…