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JPMorgan's Nikolaos Panigirtzoglou - 1 Bitcoin - 1 it's overbought - 1 There's - 1 Kong's - 1 there's - 1 Panigirtzoglou - 1 David Capablanca - 1
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Search resuls for: "it's overbought"


3 mentions found


☆ Bitcoin faces 'several' headwinds that will challenge miners in near term, says JPMorgan
  + stars: | 2024-05-17 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +2 min
Unprofitable bitcoin miners are starting to exit the network after the halving , as expected. But much of their performance relies on bitcoin's price, which still faces several near-term headwinds, according to JPMorgan. However, "we do not see upside for bitcoin prices in the current juncture and if anything we see headwinds over the near term," he added. That was expected to happen after the halving in April, which slashed a key revenue source for bitcoin miners. "The more bitcoin prices decline the higher the number of unprofitable miners that come under pressure to leave the bitcoin network and the larger the result[ing] decline in the hash rate and bitcoin production cost."
Persons: JPMorgan's Nikolaos Panigirtzoglou, Bitcoin, it's overbought, There's, Kong's, there's, Panigirtzoglou Organizations: JPMorgan, Venture, Miners
☆ A short seller with a 95% win ratio shares 5 stocks he recently traded and why his strategy of finding cash-strapped companies to bet against is working better than ever
  + stars: | 2023-11-04 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +9 min
That year, he had also taken up an interest in stock trading. Increased accuracy on VWAPThe volume-weighted average price (VWAP) is a chart line that tracks the average price traders paid for a stock. If a stock's price is too far above the VWAP, it signals that it's overbought, and vice versa. But as more short sellers chase the stock's price down, it can get overcrowded, he noted. Pop Culture Group (CPOP) stock's trading was halted on October 31 after the stock rallied quickly.
Persons: David Capablanca, Capablanca, TraderSync, David Olivares, Olivares, He's Organizations: University of California, pharma, Capablanca, Interactive, Traders, Reviva Pharmaceuticals Holdings, shorting, InMed Pharmaceuticals, Culture Locations: Los Angeles
☆ We're selling shares of this networking firm into recent strength
  + stars: | 2023-04-03 | by ( Jeff Marks Jim Cramer | Jeff Marks | Jim Cramer | ) www.cnbc.com   time to read: +2 min
We're selling 160 shares of Cisco Systems (CSCO) on Monday, at roughly $52.34 apiece. Following the trade, Jim Cramer's Charitable Trust will own 500 shares of CSCO, decreasing its weighting in the portfolio to 1% from 1.31%. As a result, we're selling some shares into the recent rally. Additionally, if we weren't restricted from trading it, we would take advantage of Monday's surge in oil prices by selling some shares of Devon Energy (DVN). Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
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