In a conference call updating investors and media on its third quarter (Q3) earnings, Cboe Global Markets, which owns the Chicago Board Options Exchange (CBOE) and BATS Global Markets, said it's bullish on cryptocurrencies. It said other exchanges,
The last month or so has seen 'momentum' dramatically outperform the market as retail flows chase 'what is working'...
Having taken a gamble on bitcoin futures, which are set to begin trading by the end of the year, the CME is now seeking to avoid the consequences of what has emerged as both the cryptocurrency's best and worst selling point: its unprecedented volatil
Sell Signal In Modern American History...Why have stock prices risen so dramatically since the last financial crisis? There are certainly many factors involved, but the primary one is the fact that the Federal Reserve has been creating trillions of
If 2017 has had a surreal feel to it, it is because it has so far been a "perfect encapsulation of 8-year QE-led bull market" according to BofA's chief investment strategist Michael Hartnett...
Amazon has secured the rights to use three cryptocurrency related domains, a move that could signal its intentions to enter the cryptocurrency space.
One day after Tesla announced its worst quarter in history, in which it burned a record $1.4 billion in cash...
•CME says it plans to launch bitcoin futures by the end of the year, pending regulatory review.
Bitcoin is surging once again this morning, up over 8.5% to retest $6000 once again (after dropping to $5366 just 2 days ago), but according to Nasdaq, "Bitcoin is not a bubble," citing five reasons demonstrating why it's nothing like Tulip Mania...
Another factor in the upsurge of the stock market is the high expectations of reforms from the Trump government.
"We Are About To Witness The Financial Market Movement Of A Lifetime"
"We will not have any more crashes in our time." -- John Maynard Keynes (1926)
An endearing quality of a late stage bull market is that it expands the universe of what's possible.
Japan Has Longest Winning Streak In History
Keep It Simple Stupid... As retail investors bid the the stock market up to its most expensive ever...
The day would eventually become known as Black Monday...In a "bit of fun" Deutsche Bank's credit strategist, Jim Reid, decided to calculate where returns would be today had you bought various assets the morning after the crash.
Something unexpected happened on the market's relentless trek to all time highs: the market died.
Having been responsible for the biggest flash crashes in recent years, it is no surprise that when it comes to the market's growing structural vulnerabilities, high frequency traders have emerged as the primary authority on how to crash the market in
U.S. stocks reached record highs on Friday as investors bet on another strong earnings season.
The Dow's march onward and upward toward 30,000 continues without reservation. New record all-time highs are notched practically every day. Despite yesterday's 31-point pullback, the Dow's up over 15.5 percent year-to-date. What a remarkable
Just a couple of weeks ago, we wrote a post about Citibank and the 35 year old they recently put in charge of once again making the bank into a powerhouse in the Synthetic CDO market.
Just over a decade ago, as the S&P was hitting all time highs and there was a line around the block of 30-some year old hedge fund managers, desperate to put other people's money in various ultra risky investments just so they could pick a few excess
After Jim Rogers, who co-founded the Quantum Fund alongside George Soros, predicted that the "biggest crisis in his lifetime" is less than a year away; Marc Faber says that the US stock markets could correct by as much as 30-40%.
Society General's Albert Edwards was at the Bank Credit Analyst annual conference in New York last week. Also in attendance were Larry Summers, Paul Volcker, and potentially the next Fed Chair, ex Fed-Governor Kevin Warsh.
Market veteran Art Cashin, the head of NYSE floor operations for UBS, made an interesting observation earlier today just minutes before the close, as US stocks headed for another record finish after shrugging off the worst mass shooting in US history
Matt Corallo, "a long-time developer of bitcoin", posted a comment to the United States Securities and Exchange Commission (SEC) regarding a "proposed rule change relating to the listing and trading shares of the Bitcoin Investment Trust [(BIT)
David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off.
Having spooked the bond market earlier with her surprisingly hawkish remarks, and sending the 2Y surging while flattening the curve even more, moments ago the Treasury sold $26 billion in 2 Year paper at a yield of 1.462%, ...
The Conference Board's Consumer Confidence measure for September disappointex expectations with both current and future indices dropping (the former more than the latter). Differences across regions are very notable as storms impacted confidence..
In response to Janet Yellen's everything is OK speech following today's balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold,