Here are short and long recommendations for this week.
The uptrend remains intact but Monday appears to be a down day. The upcoming week is options expiration week which typically has a bullish bias. This week in June, however, has not been as strong as it has been in other months. Expect a moderate rise.
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Forward-looking highlights from GeoQuant's high-frequency political risk intelligence platform.
The UK’s EU election results gave Remain sentiment a clear victory (40.4%) over hard Brexit advocates (34.9%), despite the Brexit Party’s plurality win. While this outcome raises prospects for derailing Brexit, the Conservative Party still controls parliament and remains broadly pro-Brexit, more at odds over form than outcome. The election result
Litecoin has more than tripled this year. Will it continue to outperform bitcoin?
Litecoin enjoyed some sharp gains today, pushing higher as the digital currency benefited from tailwinds such as the upcoming halving. At this point, litecoin had surged 16% in 24 hours and was trading at its highest since mid-May. Litecoin, which is very similar to digital sibling bitcoin, rose in value as several other cryptocurrencies experienced notable
Following a tough fourth quarter that crushed his company’s net income, Warren Buffett’s portfolio has soared year to date.
His stocks, which may not all have completely rebounded from their low points late last year, are enjoying the benefit of a vigorous market to start 2019. S&P 500 constituents rose 14.84% year to date, nearly erasing their fourth-quarter dive. Meanwhile, 45 of Buffett’s 48 stocks have posted gains.
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