Markets News Stocks 

Stocks are more than twice as highly valued today as they were in 1987 before the crash

“And to think there were those who thought stocks expensive in 1987” writes Jesse Felder for businessinsider.com. Thursday was the 30th anniversary of the stock market crash of 1987 so I thought it might be interesting to compare today’s stock market to that earlier one.Using the ‘Buffett Yardstick’ it’s clear that stocks are more than twice as highly valued as they were back then.By this measure stocks are nearly three times more expensive than they were 30 years ago. Source: businessinsider.com Share This:

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Markets News Stocks 

There’s a catalyst that could spark a new stock market rally, and it has to do with DC

“He likes small cap stocks, noting the group could emerge as big winners if tax reform is ultimately passed” writes unknown author for cnbc.com. “Right now, we think non-U.S. developed equities look modestly more attractive than U.S. equity markets,” Gordon said, citing better valuations.He believes the odds of a Republican tax reform plan becoming a reality is rising, and the markets may just be starting to realize it. Source: cnbc.com Share This:

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Crypto Futures Markets News 

SegWit2x Futures Markets are Valued at Around $900 Right now

“On CoinCodex, the SegWit2x futures trade for over $900” writes Jp Buntinx for livebitcoinnews.com. Right now, the futures market for this fork is appreciating in value.Manipulation of the futures market will have some interesting consequences.Anything valued at $900 today may be worth half or less by the time the coins come to market. Source: livebitcoinnews.com Share This:

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Crypto Markets News 

This Chart Shows Why Bitcoin Can Go Higher Than $6,000

“The prediction only holds, Parets maintains, if the Bitcoin price remains above roughly $4,700” reports fortune.com. Yet a chart created by an influential analyst and investor illustrates why he predicts the Bitcoin price could go higher still — and in fact, may reach as high as $7,400 before its next significant dip.If you thought you missed your chance to buy Bitcoin when the price broke $6,000 for the first time Friday, there’s one argument that might convince you otherwise. Source: fortune.com Share This:

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Markets News Stocks 

What could derail the stock-market rally?

“According to FactSet, third-quarter net profit margin so far has edged only slightly lower compared with profit margins in the third quarter last year” reports foxbusiness.com. Historically, net profit margins tend to peak along with the stock market, as seen in the chart below.On absolute terms, however, a net profit margin at 9.5% is close to the record.Ogg suggests the danger lurks in a sudden drop in profit margins. Source: foxbusiness.com Share This:

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Markets News 

The US dollar could rally further

“If tax reform momentum can be sustained over the balance of this year and into next, further gains are likely for the dollar” writes Roger Hallam for businessinsider.com. Investors who want to remain overweight emerging market currencies would benefit from diversifying their funding base towards other developed market currencies, to mitigate the impact of a potentially resurgent US dollar.What to do in an environment where both the dollar and euro appear attractive, albeit for different reasons?. Much of the medium term outlook for the US dollar hinges on the delivery…

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Markets News Stocks 

Top Headlines From Black Monday and the Stock Market Crash of 1987

“News of the stock market crash of 1987, known as Black Monday, traveled quickly throughout much of the United States and the world” writes Michael Brown for thestreet.com. The “Crash of ’87 — TheStreet Special Report” is a series of stories, videos, graphics and other multimedia elements that look at the stock market crash of 1987, also known as Black Monday.Many thought the crash was the start of the next Great Depression and the headlines of the day reflect it.TheStreet examines the cause of the crash, reveals some of the…

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Markets News 

Here are the benefits and challenges of working in China’s growing tech scene

“And hopefully, with a steadily rising tech industry and a more open attitude, we may be able to see a more international, intercultural, and vigorous Chinese tech market” reports businessinsider.com. Its well-established IT infrastructure and active venture capital market also contribute to a favorable environment for tech startups.Mettl, an Indian SaaS startup operating in more than eighty countries, tried to enter the Chinese market.China, India, and Southeast Asia have all shown their great ambition as well as fast growing competence in the tech industry. Source: businessinsider.com Share This:

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Markets News Stocks 

Linde: Over 50% shares tendered in Praxair offer

“Now that the exchange has passed 50%, stock market operator Deutsche Boerse AG (DB1.XE) can replace Linde AG shares on the stock market with the Linde PLC shares” writes Max Bernhard for marketwatch.com. Linde AG (LIN.XE) said Friday that 50.85% of its outstanding shares have been tendered by shareholders as part of an exchange offer tied to its planned merger with Praxair Inc.That in turn allows index funds to tender any Linde AG shares they hold, raising the likelihood of the merger’s success.PX, +1.94% For the deal to go through…

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Crypto Markets News 

Bitcoin soars to record high above $6,000

“It has also ordered the shutdown of digital currency exchanges” writes Min Read for reuters.com. Bitcoins and ether, another digital currency, are used to purchase tokens for ICOs.On Friday, bitcoin hit a record peak $6,000.10 BTC=BTSP on the BitStamp platform, and was last at $5,964.24, up 4.7 percent on the day.Bitcoin is a digital currency that can either be held as an investment, or used as a foundation for future applications through the blockchain, its underlying technology. Source: reuters.com Share This:

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