Litecoin prices have climbed sharply this year, producing notable gains as the digital currency benefits from strong fundamentals and favorable market conditions. The cryptocurrency, which is very similar to bitcoin, reached $56.27 today, according to CoinMarketCap. At this point, the digital currency was up more than 84% since the start of 2019, having reached its highest level since October, additional CoinMarketCap data reveal. ...
India’s mom and pop stores are just buying time before they are crushed by retail giants, as has been the case in America and elsewhere. more...
What might 2019 hold for the bond markets and how should you invest for it? The U.S. bond market in 2019 is getting perhaps a bit more interesting for investors. Yields aren't enticing by historical standards. Yet, they are higher than they have been for much of the decade given we're currently closer to 3% than 2% on Treasury 10-year bonds. Plus, if we truly are at the top of the cycle as the markets, and yield curve, seem to be suggesting, ...
Facebook (FB) was off to a good start in 2019 even before it reported Q4 earnings last week and then jumped over 10% after beating expectations on revenues, earnings and monthly active users. Tony Mitchell, one of my managers, first bought Facebook at $16. At today's price of $169, Tony is still not selling because he sees more upside. Although Facebook is now up 22% year to date, it is still 24% off of its 52-week high of $218.62. ...
A strong January has lifted many stocks that are riding the market's coattails. Since there are significant market risks, I have been looking for companies that have such strong fundamentals that they can move up even in a down market. Wayne Himelsein, one of my managers, says PayPal fits the bill - "The market has an amazing way of carrying all its constituents along with it. And for good reason. Good broad economic news trickles through ...
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