NEW YORK (Reuters) - Cryptocurrencies may be facing a prolonged bear market. FILE PHOTO: Bitcoin.com buttons are seen displayed on the floor of the Consensus 2018 blockchain technology conference in New York City, New York, U.S., May 16, 2018. REUTERS/Mike Segar/File Photo Companies that issued tokens, or digital currencies, over the last two years through initial coin offerings (ICOs) may have to sell more of these assets to finance their operations. There’s just one problem: There are very few takers. After the blockbuster success of ICOs in 2017, with funds raised at more than $6 billion, cryptocurrencies nosedived, wiping out about 85 percent of their total market value since hitting a peak of more than $800 billion in early 2018. Bitcoin, the original cryptocurrency, has dropped more than 80 percent since hitting an all-time high of nearly $20,000 in December 2017. A global regulatory crackdown led by the U.S. Securities and Exchange Commission has created … [Read more...] about Crypto bear market threatens to last as potential token supply weighs
Bear market investing
By Akane Otani The Wall Street Journal Wed., Feb. 6, 2019 The NASDAQ Composite is on the cusp of exiting a bear market, rebounding nearly 20% from its Christmas Eve low and highlighting the resilience of the technology shares that have long powered the market higher. The index heavily weights shares of technology firms like Apple Inc., Amazon.com Inc., Google parent Alphabet Inc. and Facebook Inc., which cumulatively lost hundreds of billions of dollars in market value in the final months of 2018. The rout, many said, was fueled by dimming confidence in the domestic and global economies, then likely exacerbated by machine-run trading that accelerated the declines. But in recent weeks, rising optimism about U.S.-China trade negotiations and U.S. monetary policy has helped propel stocks across the board higher. And earnings reports from technology behemoths, while mixed, have proved to be better than many investors had feared. Apple’s revenue and profit slipped … [Read more...] about Tech rally puts NASDAQ on cusp of exiting bear market
Jan 31, 6:54 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Opinion By Matthew DiLallo 12/16/18 AT 11:26 PM Oil prices have plummeted 30% since early October. The global oil benchmark, Brent, which topped $86 a barrel at the start of the fourth quarter, tumbled back down to $58 a barrel in just 37 days. Fears that there wouldn't be enough oil to meet growing demand evaporated overnight after the U.S. allowed Iran to continue exporting oil to several of its key buyers even after imposing new sanctions, and oil traders started worrying that there would be too much crude sloshing around the global market.This article originally appeared in the Motley FoolThe bear-market mauling of oil prices, however, could be over. At least, that's the view of the International Energy Agency (IEA) in its latest oil market report, in which it noted that actions from several major oil-producing nations could have put a floor under oil prices in the … [Read more...] about Oil Prices: Is the Bear-Market Mauling Finally Over?
Stock charts make it easy to see how the market’s doing at any given time — green means up, red means down — and during a bear market, it’s generally red as far as the eye can see. For many people, the color red means one thing: stop. But to stop investing generally is a bad idea when the market gets scary. Worse yet? Selling stocks out of fear. Given that bear markets, defined as declines of at least 20 percent in asset prices from a recent high, are somewhat inevitable, here are some tips for how to make the most of investing during these times. Make dollar-cost averaging your friend Say the price of a stock in your portfolio slumps 25 percent, from $100 a share to $75 a share. If you have money to invest — and want to buy more of this stock — it can be tempting to try to buy when you think the stock’s price has cratered. Problem is, you will likely be wrong. A more prudent approach is to regularly add money to the market with a strategy … [Read more...] about Strategies on making most of bear market
Anna-Louise Jackson, NerdWallet Published 3:11 pm CST, Friday, January 18, 2019 This article was first published on NerdWallet.com. Stock charts make it easy to see how the market’s doing at any given time — green means up, red means down — and during a bear market, it’s generally red as far as the eye can see. For many people, the color red means one thing: stop. But to stop investing generally is a bad idea when the market gets scary. Worse yet? Selling stocks out of fear. It takes resolve to keep investing during a bear market. These market events, defined as declines of at least 20% in asset prices from a recent high, likely will happen a handful of times during your investing lifetime. In the past 50 years, the S&P 500 has experienced six bear markets, according to data from Yardeni Research. (Confused? Get some background on bear markets.) Given that bear markets are somewhat inevitable, here are some tips for how to make the most of … [Read more...] about How to Invest During a Bear Market