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Business Finance News USA Edition

Logo of telegram channel news_finance — Business Finance News USA Edition B
Logo of telegram channel news_finance — Business Finance News USA Edition
Channel address: @news_finance
Categories: Business
Language: English
Subscribers: 19.10K
Description from channel

The source for business news and analysis. US markets. Like bloomberg but better.
@Yanncll

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The latest Messages 198

2021-08-06 10:09:20 ​​German Industrial Production Fails to Send the EUR Deeper into the Red

Economic data from Germany failed to sink the EUR this morning. The markets continue to look ahead to NFP numbers from the U.S, due out later today.
648 views07:09
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2021-08-06 09:28:11 #BITCOIN

11,203.455 BTC ($428,205,900 USD) sent from one wallet to another for $82.90 in fees.

Looks like #Bitcoin is the world's most efficient monetary network.

Crazy Money Facts @ouchcrazymoney
602 views06:28
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2021-08-06 08:38:03 ​​Bitcoin on the Path to $44k

With BTC showing solid strength after yesterday’s gains, it appears as though there is nothing stopping us from getting to $44,000.
674 views05:38
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2021-08-06 08:36:46 ​​August 6th 2021: EUR/USD off Best Levels Ahead of NFP

EUR/USD trading off session tops ahead of NFP—technical flow could be drawn in the direction of $1.18 on the H1 scale.
647 views05:36
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2021-08-05 21:30:01
London is the capital of Ethereum

For two days, everyone has been talking about the London hard fork. They talk about burning ETH and some kind of EIP-1559 everywhere.

Want to bury your head in the sand?

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908 views18:30
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2021-08-05 19:39:24 ​​Silver Price Daily Forecast – Silver Is Under Pressure As Treasury Yields Move Higher

Silver declined below the 20 EMA and is testing the support at $25.30.
942 views16:39
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2021-08-05 16:21:39 ​​Stocks Move Higher After Initial Jobless Claims Report

Meanwhile, WTI oil is trying to rebound after a three-day sell-off.
976 views13:21
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445 views07:56
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2021-08-05 08:36:10 ​​Bitcoin and Ethereum Test Resistance.

As of 5:30 PM, EST BTC futures are trading up 4.68% ($1,775) on the day and trading at $39,740
607 views05:36
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2021-08-05 08:29:20 Robinhood Achieves Stonk Status

Robinhood didn’t exactly make a star-studded market debut… but $HOOD could be boasting one of the sickest post-“bad IPO” comebacks we’ve ever seen.

Robinhood fell from $38 to close at $34.82 on the day of its IPO. Since then, $HOOD has only seen upside. The stock is up 102.1% since last Thursday, its first day listed. Here’s the intraday chart:

Demand for the IPO was mixed at best. This happened because many retail investors felt they were “wronged” by Robinhood’s decision to freeze some stocks’ trading amidst January’s market volatility. Tons of potential $HOOD investors stayed away, concerned about volatility in the stock itself. They got what they were looking for and now they want in.

Some of that volatility can be attributed to two things: options trading (which started today) and reportedly-high levels of short volume. According to Fintel, $HOOD stock has demonstrated a short volume ratio of greater than 50% every day since its IPO. The short volume ratio is calculated as the difference between FINRA short volume and FINRA total volume.

What we’re seeing could be a mix of a short squeeze and options speculation, but that’s hard to know for sure. All we know is Robinhood has ~officially~ achieved stonk status.
611 views05:29
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