Even though cannabis-sector stocks have dropped more than 50 percent since the March peak, the Benzinga 420 Marijuana Index is still up 244 percent YTD.
The burst at the beginning of the year came after widespread media coverage of Colorado’s recreational legalization, but along with NASDAQ, the MJ market has recently corrected.
Heightened scrutiny by FINRA and the SEC (which […]
Frrole, a big data startup that specializes in Twitter-based analytics, has raised $245K in Angel funding from investors including Sharad Sharma (former head of Yahoo! R&D centre in india), Google’s India MD Rajan Anandan and Eka Software founder Manav Garg.Based in Bangalore, the startup raised this capital on LetsVenture, a crowd funding platform launched last year to help Indian startups […]
NMC/BTC Technical Analysis – 16th April 2014 By Ashton Fraser on April 16, 2014 in Trading The last few days has seen Namecoin vs Bitcoin rise tremendously, in stark contrast to its trend over the past few weeks, only for some firm bears to take control of the reins again. First thing is to observe NMC/BTC price action […]
Jim Edwards / BITwitter CEO Dick CostoloSee AlsoHere’s How Retailers Are Really Using Social Media To Boost SalesMost People On Twitter Don’t Actually TweetTwitter Engineer Denies Rape ChargesTwitter today acquired Gnip, a company that had access to Twitter’s “firehose” of data and packaged it for resale to other companies that want to slice and dice it.
It’s at least the fourth […]
Stocks could be setting up for a 10 percent to 20 percent correction, and the odds are good that it will be soon, according to Sam Stovall, chief equity strategist at S&P/Capital IQ. Stovall has been expecting a 10 to 20 percent correction this year, but he says it’s more likely to begin during the second […]
Namecoin is in the midst of a sine wave formation, starting late last week, with a relatively long wavelength, albeit a smaller frequency. Let’s take a look at the NMC/USD hourly chart below (click to expand): I’ve performed the Fibonacci study from the year low at 1.342, until the current high at 1.953. We can see how […]
Litecoin hit a year low of around 8 last week, but a strong recovery meant yesterday morning price managed to hike up to 11.64. Unfortunately today hasn’t been a good day, and we’ve seen half of that hike wiped out in a matter of hours. Indeed, we’re most probably going to be seeing more losses in the next few […]
SummaryStocks endured another round of volatility this week, including a sharp sell-off on Thursday and Friday.
The latest pullback in stocks raises some natural questions.
Is this the beginning of a sustained correction, or is this just another pullback and a good buying opportunity?
[…]
As the bad news out of China and elsewhere continues to emerge, Litecoin, along with other crypto currencies are taking a battering. However, there is a major support zone not too far away… where Litecoin may attain some respite. Let us take a closer look at the LTC/USD chart on the Daily timeframe (click to expand): […]
Morning technical analysis – 7 April 2014April 7, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking a little more bullish this morning, having found strong support on Friday around 1.3663, the 61.8% retracement of the move from 3 February lows to 13 March highs. The failure the break below this level could be a sign that the correction […]
