bears

Tesla stock bulls and bears react to Elon Musk's $700 billion crash.  Here's what Morgan Stanley, Citi and others say could happen next

Tesla stock bulls and bears react to Elon Musk’s $700 billion crash. Here’s what Morgan Stanley, Citi and others say could happen next

Analysts aren’t lamenting Tesla despite a market rout that wiped nearly $700 billion in value from its peak a year ago. In fact, even a renowned Tesla bear improved on the stock, saying it had probably bottomed out. “We think the year-to-date pullback has offset the near-term risk/reward,” said Citi analyst Itay Michaeli. Loading Something …

Tesla stock bulls and bears react to Elon Musk’s $700 billion crash. Here’s what Morgan Stanley, Citi and others say could happen next Read More »

Ethereum bears have the upper hand according to derivatives data, but for how long?

Ethereum bears have the upper hand according to derivatives data, but for how long?

Ether (ETH) price fell 11.9% from Nov. 20 to Nov. 22, hitting a low of $1,074 — the lowest level seen since July. Currently, investors have reason to worry after crypto lending firm Genesis reportedly struggled to raise funds, sparking insolvency rumors on Nov. 21. However, a spokesperson for Genesis told Cointelegraph that there are …

Ethereum bears have the upper hand according to derivatives data, but for how long? Read More »