Category: Here’s

Here’s Why the Dow’s Parabolic Rally Suddenly Ran Out of Gas
, ,

Here’s Why the Dow’s Parabolic Rally Suddenly Ran Out of Gas

The Dow Jones recovery slammed into a wall on Thursday. U.S. unemployment continues to mount, with more than 30 million jobless claims since the coronavirus outbreak hit the American economy. Further weighing on the Dow, Donald Trump ratcheted up his anti-China rhetoric. The Dow Jones lost ground on Thursday after initial jobless claims came in…

Read More
Here’s Why the Dow Jones Rallied So Unexpectedly Today
, ,

Here’s Why the Dow Jones Rallied So Unexpectedly Today

The Dow Jones rose over 1.5% to start the week, even as oil prices turned sharply lower. CNBC believes its new coronavirus index explains the stock market rally. But “Bond King” Jeffrey Gundlach believes the Dow’s rally all comes down to the Fed. The Dow Jones rallied on Monday as several U.S. states prepared to…

Read More
Here’s Why the Dow Jones Careened Off Its Session Highs Today
, ,

Here’s Why the Dow Jones Careened Off Its Session Highs Today

The Dow Jones slipped from its highs on Thursday afternoon. Optimism about Federal Reserve intervention in high-yield debt markets helped send the Dow higher. A sudden crash in the oil price hit the stock market late in the session as OPEC threshed out a contentious supply cut. The Dow Jones rallied on Thursday, although a…

Read More
Here’s Why Trump Can’t Fire Dr. Fauci After His ‘Deep State’ Facepalm
, ,

Here’s Why Trump Can’t Fire Dr. Fauci After His ‘Deep State’ Facepalm

Dr. Anthony Fauci finally returned to the coronavirus task force briefing on Friday. The renowned immunologist was visibly horrified as President Trump referred to the State Department as the “deep state” Can Trump fire the rebellious Fauci? Absolutely not if he cares about re-election, or the stock market. Americans breathed a sigh of relief Friday…

Read More
Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life
, ,

Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life

Evidence shows that whales are buying the massive bitcoin dip. Bitcoin’s digital gold narrative was crushed in the recent selloff. If whales are indeed buying the dip, bitcoin can eventually regain its digital gold status. Bitcoin has wiped out many traders over the last few days. The intense selloffs coupled with extreme volatility are shaking…

Read More
Here’s our pick of the top six startups from Pause Fest
, ,

Here’s our pick of the top six startups from Pause Fest

We’ve been dropping into the Australian startup scene increasingly over the years as the ecosystem has been building at an increasingly faster pace, most notably at our own TechCrunch Battlefield Australia in 2017. Further evidence that the scene is growing has come recently in the shape of the Pause Fest conference in Melbourne. This event…

Read More