CRPT News and Press, First Trust SkyBridge Crypto Industry and Digital Economy ETF From 03/23/23

2023-03-23 10:43:22 ET Shares of Block Inc. ( NYSE: SQ ) crashed 20% on Thursday morning after Hindenburg Research put out a short report on the stock. As a result, many exchange traded funds with heavy weightings towards the parent company of payment processing service Squa...

Summary On January 20, 2023, the price of Bitcoin broke the bearish trend that had been going on for fourteen months and thus brought a touch of optimism to the market. The interest rate hike by the Fed does not contribute to a significant increase in optimism about Bitcoin. This ar...

Summary "What's working" is natural gas and not much else; "What's Not Working" is dominated by digital assets and other "risk on" indicators. The "Nothing is Working" Market. A New Bond Strategy - "Enhanced Bond Portfolio". Brian Dress, CFA - Director of Research, Inv...

"What's Working" is Dominated by Energy this Week, while "What's Not Working" is led by Crypto. We Profile a Stock from our "Bounce Back" List: Alteryx. Retail Earnings were "Better-Than-Feared." Brian Dress, CFA -- Director of Research, Investment Advisor As...

Block continues on its growth path. Bitcoin is weighing heavily. Small businesses may feel the pinch of a recession if things worsen. Block operating expenses really need to be watched, they are skyrocketing. It hurts to watch long-term investors get crushed, but time shou...

What's Working are the "Risk On" sectors and What's Not Working is Energy. We saw a number of earnings highlights, including Starbucks and EPAM Systems. Retail continues to be challenged. Brian Dress, CFA -- Director of Research, Investment Advisor No matter how ...

Block has two powerful ecosystems with its Cash App and Merchant Payments Business. The company announced solid results for Q2, with a 29% increase in Gross Profit. Overall, Block revenue declined, but this was mainly due to the "Bitcoin Winter." The Block stock price fell on ...

SBNY posted strong Q2 2022 results, with improvement across Interest and non-Interest income. SBNY recorded its second-highest loan growth of $5.6 billion in Q2 2022, compared to Q1 2022. The bank declared $0.56 dividend payable on August 12, 2022. I assign a buy rating for SB...

Gainers: FT Skybridge Crypto Industry and Digital Economy ( CRPT ) +24% . Vaneck Digital Transfomation ETF ( DAPP ) +23% . Bitwise Crypto Industry Innovators ETF ( BITQ ) +22% . Consumer Discretionary Bull 3X Direxion ( WANT ) +21% . GX ...

What's Working Begins This Week with Crypto; What's Not Working are Munis and the US Dollar. Earnings Season is Upon Us: Patterns Begin to Emerge. Our List of Bounce Back Candidates Begins with InMode (INMD). Brian Dress, CFA -- Director of Research, Investment Advisor...