Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
The Dow rose 0.33 percent 19,186.80, while the NASDAQ composite index declined 1.06 percent to 5,267.37. The broader Standard & Poor's 500 index fell 0.19 percent to 2,194.75.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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The worst performing industries in the market today are:
- Semiconductor - Integrated Circuits: This industry slipped 2.4 percent by 11:00 am. The worst stock within the industry was Superconductor Technologies, Inc. (NASDAQ: SCON), which fell 13 percent. Superconductor Technologies shares have dropped 13.62 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- Housewares & Accessories: This industry declined 1.9 percent by 11:00 am with Clorox Co (NYSE: CLX) moving down 2.4 percent. Clorox’s PEG ratio is 3.14.
- Application Software: The industry dropped 1.7 percent by 11:00 am. The worst performer in this industry was Bazaarvoice Inc (NASDAQ: BV), which declined 10 percent. Bazaarvoice reported Q2 earnings of $0.02 per share on revenue of $50.4 million.
- Internet Software & Services: This industry fell 1.6 percent by 11:00 am ET. Momo Inc (ADR) (NASDAQ: MOMO) shares dropped 4.5 percent in today's trading.