Stocks Mixed ahead of the Fed

02:53pm, Wednesday, 15'th Dec 2021 Action Forex
Stocks trade mixed after retail sales disappoint and as investors await the Feds announcement. US futures Dow futures -0.08% at 35528 S&P futures -0.02% at 4637 Nasdaq futures +0.03% at 15934 In Europe FTSE -0.31% at 7204 Dax +0.2% at 15513 Euro Stoxx +0.64% at 4171 Retail sales slow US stocks are pointing a mixed [] The post Stocks Mixed ahead of the Fed appeared first on Action Forex .

Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks

02:06pm, Wednesday, 15'th Dec 2021 FXNews24
Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, is long on MicroStrategy, Square, Tesla and other crypto industry bulls. A passively managed thematic ETF, it steers clear of bitcoin futures, sticking only to equities that invest in the coin. www.coindesk.com The post Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Tonix Pharmaceuticals Added to the Nasdaq Biotechnology Index

12:00pm, Wednesday, 15'th Dec 2021 Intrado Digital Media
CHATHAM, N.J., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced that it has been added to the Nasdaq Biotechnology Index (Nasdaq: NBI) as part of the Nasdaqs annual reconstitution process. The addition will become effective prior to market open on Monday, December 20, 2021.

European Investors Can Now Bet On (Or Against) ARK''s Funds

12:00pm, Wednesday, 15'th Dec 2021 Zero Hedge
European Investors Can Now Bet On (Or Against) ARK''s Funds Just in time for ARKK''s massive plunge this year (the ETF is lagging the NASDAQ by almost 40% YTD currently), Cathie Wood''s suite of funds have been made available in Europe for the first time. Yes, those overseas who have been watching with adoration as ARKK has collapsed this year and want their chance to "buy the dip" on the Queen of "buying the dip" can now do so, according to ETF Stream . Oh, and did we mention they can do sowith leverage? "Leverage Shares has debuted nine exchange-traded products (ETPs) offering various degrees of leveraged and unleveraged exposure to three ARK Investment Management ETFs," the site wrote this morning. The ETPs are going to be listed on the LSE, Euronext Paris and Euronext Amsterdam, the report says. They carry total expense ratios of 0.75% each. The nine new products being launched are: LS ARKK Innovation Tracker ETP (ARKA) LS ARKG Genomic Tracker ETP (ARKC) LS ARKW NextGen Internet Tracker ETP (ARKB) Leverage Shares 3x Long ARKG Genomic ETP Securities (3ARG) Leverage Shares 3x Long ARKW NextGen Internet ETP Securities (3ARW) Leverage Shares 3x Long ARKK Innovation ETP Securities (3ARK) Leverage Shares -3x Short ARKG Genomic ETP Securities (SARG) Leverage Shares -3x Short ARKW NextGen Internet ETP Securities (SARW) Leverage Shares -3x Short ARKK Innovation ETP Securities (ARKS) "For the first time, European investors will be able to take one-to-one, triple leveraged and triple short positions on ARK Invests three headline products," the report says.

NRx Pharmaceuticals Added to the Nasdaq® Biotech Index

11:48am, Wednesday, 15'th Dec 2021 Intrado Digital Media
RADNOR, Pa., Dec. 15, 2021 (GLOBE NEWSWIRE) -- NRx Pharmaceuticals (Nasdaq: NRXP ) today announced that Nasdaq (Nasdaq:NDAQ) has added the company to the Nasdaq Biotechnology Index (Nasdaq:NBI) effective December 20, 2021. The NBI is designed to measure the performance of a set of Nasdaq-listed biotechnology and pharmaceutical companies.
Goldman Rings The Alarm On Collapsing Market Breadth: 51% Of All Market Gains Since April Are From Just 5 Stocks A few days ago, with the Nasdaq at all time highs, we showed a striking chart: barely 40% of the Nasdaq''s 3,000+ stocks were trading above their 200 day moving average. While not nearly as dramatic, a chart comparing the broader S&P and the median stock (via the Value Line Geometric) showed a similar theme: barely a handful of stocks were propelling the entire market higher, and it''s also why two weeks ago we summarized the current state of affairs "They better not start selling the generals" They better not start selling the generals pic.twitter.com/3RHZsrn4QI zerohedge (@zerohedge) December 1, 2021 A few days later none other than Goldman''s chief market economist David Kostin, admitted that while most S&P 500 stocks participated in the rally between November 2020 and April 2021, "market breadth has narrowed substantially in recent months." As shown in the chart below, after Goldman''s Breadth Index hit its maximum level of 100 in April 2021, it has since fallen to the current near-record low level of 16.

ASX to slide, Nasdaq leads New York sell-off

06:29pm, Tuesday, 14'th Dec 2021 The Australian Financial Review
Australian shares are set to open lower as investors pulled out of US tech stocks as they await details on the Federal Reserves taper plan.
If The 2013 Tantrum Was All About The Bond Market, This Time May Be About Stocks By Ven Ram, Bloomberg Markets Live commentator and reporter If the infamous tantrum of 2013 was all about the bond markets, this time it may be about stocks. And Mondays selloff in the S&P 500 and Nasdaq show that traders are getting increasingly nervous about the prospect of the Fed preparing to raise rates, perhaps sooner than earlier thought. The Nasdaq Composite Index has had an outsized move -- a needle that takes it more than 1 standard deviation in either direction based on changes in the past year -- on as many as nine occasions in the past month alone. Of course, most of those bigger bands have been shaded in red, perhaps suggesting that traders see the writing on the wall. Of course, if Treasury yields were to rise, stocks that have run up, up and away may suddenly go from being a helium-filled balloon that defied gravity to a heavy parachute looking for a place to land. Yet not all markers suggest alarm.
Fire & Flower Announces Fiscal Third Quarter 2021 Financial and Operational Results Fire & Flower Holdings Corp. (Fire & Flower or the Company) (TSX: FAF) (OTCQX: FFLWD), today announced its financial and operational results for the fiscal third quarter ended October 30, 2021. Trevor Fencott, Chief Executive Officer of Fire & Flower commented, Our progress in the third quarter was not only demonstrated by our continued strong financial performance, but by the many growth opportunities that we successfully advanced in order to solidify our high-margin, asset-light cannabis retail business model. We completed the acquisitions of PotGuide and Wikileaf, the industrys leading online cannabis platforms, setting the stage for the role out of our expanded e-commerce digtal platform strategy. In addition, we expanded our Circle K co-location program to create additional strategically-located, asset-light stores to complement our existing retail network. Finally, last week, we announced our acquisition of Pineapple Express Delivery, the cannabis industrys leading logistics provider for the delivery of legal cannabis. With these accomplishments, we are rapidly transforming into a cannabis consumer technology platform which allows us to deliver a seamless customer experience from online customer acquisition through to fulfillment via same-day delivery to customers at our 100+ stores across North America, concluded Fencott.

Nasdaq extends losses, drops 2%

05:32pm, Tuesday, 14'th Dec 2021 Breaking the News 24/7
The Nasdaq 100 extended losses from earlier in the session on Tuesday, falling over 2%. The tech-heavy index slid 2.01% at 12:25 pm ET. The worst performer was Adobe, whose shares plunged 7.78% at 12

Dow Falls As Apple, Microsoft Weigh; Nasdaq Loses Support As Growth Stocks Sell Off

05:29pm, Tuesday, 14'th Dec 2021 Investor''s Business Daily
Stocks sold off midday Tuesday, as the Dow Jones Industrial Average reversed to a loss and the Nasdaq breached a key support line.

Helbiz Enters Global Partnership with Workplace from Meta

05:00pm, Tuesday, 14'th Dec 2021 Business Wire
NEW YORK--(BUSINESS WIRE)-- #Helbiz--Helbiz Inc. (Nasdaq: HLBZ), a global leader in micro-mobility and the first in its sector to be listed on Nasdaq, today announced its collaboration with the Metas Workplace platform, a leader in organizational communication and employee connection Helbiz has chosen to integrate Workplace from Meta to enable all of its companys workers to connect and communicate efficiently and effectively through the creation of Groups, Chat, Meeting Rooms and LiveVideos. Workplace
Nasdaq published this video item, entitled Blockchain and Read more
Equity markets are tightening up ahead of the Fed - but is the bank about to trigger a wide-scale sell-off by getting uber-hawkish?

S&P 500, Nasdaq slide on hot producer prices data as Fed meet looms

03:20pm, Tuesday, 14'th Dec 2021 Business Recorder
The S&P 500 and the Nasdaq fell on Tuesday after data showed producer prices increased more than expected in November and ahead of a potential decision on faster tapering from the US Federal Reserve this week. The fast-spreading Omicron coronavirus variant also tamped down the mood after the S&P 500 index hit an all-time closing high late last week. Declines were led by megacap technology and communications stocks, with Meta Platforms, Microsoft Corp, Tesla Inc, Alphabet Inc and Amazon.com Inc falling between 0.8% and 3%. "People are trying to create an environment to slow the spread or the severity (of Omicron), but also people who are well and want to participate in the economy. So there''s a push and a pull at play here," said Tom Martin, senior portfolio manager at Globalt. "Investors want to be positioned neutrally till the end of the year. They don''t want to do a lot of trading between now and then as long as there''s nothing jarring happening." Apple Inc rose 0.7%, bucking the trend among its heavyweight peers, as it stayed on track to become the world''s first $3 trillion company in market value.
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