IN THE NEWS
Wall Street has been watching bitcoin this week, with the price up another 39.8 percent to above $16,000 ahead of the highly
anticipated launch of bitcoin futures trading by Cboe Global Markets Inc (NASDAQ: CBOE) starting Sunday: Link
New media is slowly and steadily supplanting traditional media sources. Print media has been on a secular decline, as news and
information disseminated online has grown. As this paradigm shift continues, another noteworthy development that has been taking
place is the shift in ad dollars from TV to digital media: Link
By now, you’re probably sick and tired of hearing about the price appreciation of bitcoin. Especially if the friends or family
who told you to invest earlier were bragging about profits over Thanksgiving dinner: Link
A little-discussed provision in the Senate tax bill could lead to a higher tax bill for millions of small investors and cause
many to unload stocks before year-end to avoid those costs:
Link
Retailers have a gift for discount-obsessed holiday shoppers: simpler pricing:
Link
Russia’s military chief warned on Monday that military exercises by Japan, the United States and South Korea aimed at countering
North Korea only raise hysteria and create more instability in the region:
Link
Wall Street economists are telling investors to brace for the biggest tightening of monetary policy in more than a decade:
Link
New York Post reports Snap Inc. (NYSE: SNAP) execs discussed ordering hookers on a business call in 2015, according to
sources:
Link
ECONOMIC DATA
- The Labor Department's JOLTS report for October is schedule for release at 10:00 a.m. ET.
- The Treasury is set to auction 6-month bills and 3-year notes at 11:30 a.m. ET.
- The Treasury will auction 3-month bills and 10-year notes at 1:00 p.m. ET.
ANALYST RATINGS
- Axiom upgraded U.S. Steel (NYSE: X) from
Sell to Hold
- Barclays upgraded Discover Financial (NYSE:
DFS) from Equal-Weight to Overweight
- Baird upgraded First Solar (NASDAQ: FSLR) from Neutral to Outperform
- Mizuho downgraded Brixmor Property Group (NYSE: BRX) from Buy to Neutral
- JP Morgan downgraded PACCAR (NASDAQ: PCAR) from Overweight to Neutral
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