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Spot Bitcoin ETF Imminent? SEC Approval Window Is Due To Open — Or Will It Just Get Punted?
Wednesday, November 8, 2023 - 4:51pm | 758The window for approval of all pending Spot Bitcoin ETFs opens tomorrow and will last for at least eight days. That's according to commentary from Bloomberg’s ETF analyst James Seyffart and BI Senior ETF analyst Eric Balchunas. Even if approvals do not arrive this month, there is still a...
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New Mexico's Cannabis Sales Continue To Soar In 2023
Tuesday, February 7, 2023 - 10:33am | 269Marijuana sales continue to skyrocket in New Mexico in 2023, according to the Albuquerque Journal. Following strong December sales of more than $28 million, January cannabis figures were slightly lower with a total of $26 million in recreational cannabis purchased statewide, according to...
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Musk Announces New Twitter Navigation Tools Set For January 2023 Release
Saturday, December 31, 2022 - 12:55pm | 601Last week, Twitter was down for several users across the world. In addition, people reported the service was not functioning as expected on the Downdetector platform. Hours after the short-term Twitter outage, CEO Elon Musk shared that "significant" backend server architecture...
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1933 Hits Sales Milestone In January
Wednesday, February 3, 2021 - 12:26pm | 2901933 Industries Inc. (CSE: TGIF) (OTCQB: TGIFF) touted a sales milestone for the first month of 2021. The cannabis consumer packaged goods company disclosed that total sales and open orders amounted to CA$1.4 million ($1.09 million). January was also fruitful for 1933's cultivation...
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As Goes January, So Goes the Year? A Quantitative Look
Thursday, January 30, 2014 - 5:24pm | 463The saying, “As goes January, so goes the year,” has been commonplace on Wall Street since 1972 when introduced by Yale Hirsch. From 1950 through 1984, full year returns correlated with January’s performance at a rate of roughly 75 percent. Per efficient market theorem, this trend should have...
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January Volatility Alert: Be On The Lookout For Bears!
Tuesday, January 14, 2014 - 4:07pm | 1151As has been mentioned a time or two hundred in this space over the years, the primary purpose of our oftentimes meandering morning market missive is to identify the drivers of the market action. The thinking is that if investors can understand why the indices are doing what they are doing in...
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Auto Industry Revs Up For NAIAS In Detroit
Thursday, January 9, 2014 - 2:12pm | 767The holidays may be over, but the auto industry is acting like Christmas is on the way – as they prepare to unwrap dozens of new vehicles at the upcoming North American International Auto Show (NAIAS) in Detroit. Last year's NAIAS had 71 vehicle debuts, including 61 worldwide unveilings. After...
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What Do The Cycles Say About January 2014?
Tuesday, January 7, 2014 - 11:22am | 1133For anyone still dazed and/or confused as to why the S&P 500 (NYSE: SPY) was up nearly 30 percent in 2013, the slogan from Bill Clinton's 1992 presidential campaign sums it up nicely. Although the first iteration of the now familiar phrase appeared to be spoken off the cuff at the time...