These six Dow components are set to report quarterly results this week. Investor reaction to these reports could decide whether or not the weekly chart for the Dow 30 shifts to negative or not. American Express reports quarterly results after the closing bell on Wednesday and analysts expect the company to earn $1.38 per share. The stock is down 7.5% year to date and is below its 50-day and 200-day simple moving averages at $91.43 and $89.89, ...
Warren Buffet, the Oracle of Omaha Suggests Investors to Stay Away from Bitcoin in 2015 The globally renowned investor, Warren Buffet who is also called ‘Oracle of Omaha’ for right predictions regarding investment opportunities, has suggested the investors to stay away from Bitcoin in the year 2015. He says, “Stay away from it. It’s a mirage, basically. … It’s a method of transmitting money.” ...
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