European markets close higher to cap wild week

Stateside, Federal Reserve Chairman Jerome Powell said the U.S. economy was doing very well, shortly before the release of November employment data. Stocks traded lower on Friday as shares of major technology companies move lower while Wall Street parsed through the U.S. jobs report that missed expectations. The Dow Jones Industrial Average fell 200 points, while the S&P 500 dipped 0.7 percent. The Nasdaq Composite dropped 1 percent. Shares of Facebook, Amazon, Netflix and Google-parent Alphabet all traded lower. Apple’s stock also fell 1.5 percent after Morgan Stanley cut its price…

Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week (Dec. 2-7)

Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week (Dec. 2-7)

The 2018 Farm Bill will be filed next week and includes a provision to legalize the cultivation of industrial hemp, which, among many other things, can be used to produce CBD. We’ll be keeping a close eye on developments in this realm. In other political news, Utah’s legislature passed a compromise medical marijuana bill. This week was dominated by news out of Cronos Group Inc. (NASDAQ: CRON), as speculation mounted around one of them being a potential partner for tobacco giant and Marlboro maker Altria Group Inc (NYSE: MO). In addition,…

Jordan to rethink controversial cybercrimes law By Reuters

2/2 © Reuters. FILE PHOTO: Protesters chant slogans during a protest against tax hikes in Amman 2/2 By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan is to withdraw proposed amendments to a cybercrimes bill submitted to parliament that rights activists say would stifle freedom of expression, the government spokesman said on Sunday. The bill has angered broad swathes of public opinion, including demonstrators who took to the streets in the last 10 days to protest against IMF-backed austerity measures, who say the proposed law will silence dissent in social media. The…

Gabor Gurbacs on Bitcoin ETF Being the Tool to Bring Protection to Crypto Trading and Investing

Gabor Gurbacs on Bitcoin ETF Being the Tool to Bring Protection to Crypto Trading and Investing

The Director of Digital Asset Strategy at VanEck, Gabor Gurbacs, talked about the SEC and regulatory agencies during a podcast of WhatBitcoinDid. He has also bee talking about the future of the Bitcoin ETF presented. The U.S. Securities and Exchange Commission took the decision to delay several virtual currency exchange-traded funds (ETF) during the last year. However, there is still one pending that has been proposed by VanEck. The whole crypto market is expecting this ETF to be approved by the SEC at the beginning of the coming year. A…

Madden Advisory Services Inc. Purchases New Stake in SPDR NYSE Technology ETF (NYSEARCA:XNTK)

Madden Advisory Services Inc. bought a new position in shares of SPDR NYSE Technology ETF (NYSEARCA:XNTK) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,536 shares of the company’s stock, valued at approximately $711,000. Madden Advisory Services Inc. owned approximately 0.07% of SPDR NYSE Technology ETF as of its most recent SEC filing. Other hedge funds have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. purchased a new position in SPDR NYSE Technology ETF…