Analyst Warns S&P 500 Could Struggle to Go Higher After Recovery

Todd Gordon, a long-time stock analyst and the founder of TradingAnalysis.com, is “nervous” about the current state of the S&P 500. The index crashed just before Christmas to below 2350, but has affected a steady recovery in the meantime. By press time it had gained 2% on its numbers 3 months ago. Gordon tells CNBC in a recent interview: The 200-day moving average right here — we have tried it once, twice, three, coming back on a fourth time. This is going to be a deadly battleground. I want to short it but I want to be very diligent and

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Watch: Facebook Alum. Sean Parker Bashes Amazon, Warns Echo is Spying on Every Word You Say

Facebook founding president Sean Parker wants you to know that Amazon’s Alexa-enabled Echo devices are listening to every word you say and may be filing away your private conversations for future use. Ex-Facebook Executive Sean Parker Bashes Amazon Over Privacy Parker, who also founded the now-shuttered Napster, revved up the conversation about how personal assistant devices like Amazon’s Echo and Google’s Home devices are spying on you. They’re doing this without you saying trigger phrases like “Hey Alexa” or “Hey Google.” Parker commented on privacy issues and these personal assistant devices on Wednesday morning while speaking at the Milken Institute

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Is Euro in Big Trouble? After Deutsche Bank’s Failure, French Giant BNP Warns ‘Extreme Market Conditions’

With newly released data showing slower growth in the euro-zone, the struggle of Deutsche Bank, and BNP Paribas cutting $ 683 million in expenses, the euro may be in deep trouble. In the last quarter of 2018, a period in which even U.S. banks underperformed, the global markets division of BNP Paribas recorded a $ 256 million loss. BNP Paribas, the largest bank in France, ended 2018 with a staggering 40 percent loss in trading according to FT. Extreme Market Movements, Euro is Declining Since early January, against the U.S. dollar, the value of the euro fell from $ 1.23 to $ 1.14. A

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Billionaire Hedge Fund Mogul George Soros Warns That the US-China ‘Cold War’ Could Escalate Into a ‘Hot One’

By CCN.com: Billionaire hedge funder George Soros has warned that the ‘cold war’ consuming the United States and China could get ugly. Speaking in Davos, Switzerland on the sidelines of the World Economic Forum (WEF), the chairman of hedge fund Soros Fund Management said things could get nasty as the world’s two biggest economies stay

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Lightning Network Dev. Warns Against Marketing Lightning as The Answer to High Bitcoin Fees

In a tweet, Lightning Network infrastructure lead Alex Bosworth wrote: “There’s a bit too much emphasis placed on the idea that LN is all about low fees. Fees on the network are charged at a market rate. We cannot control this market therefore we can’t guarantee low fees all the time. We can remove reasons

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