The IBM stock price has plunged 20% since the beginning of the year. It’s up almost 10% today after the upbeat earning results. Since August this year, the stocks have trimmed almost 1/2 of its losses. The reversal is quite impressive. However, has IBM turned the corner? With rising debt,…
Day: October 18, 2017
Bitcoin: A Wild Roller Coaster Ride Today
Bitcoin was down more than 8% earlier today, but it had recouped much of its loss. Currently, it’s down about 4%. This is certainly not for the faint of heart. Today’s sudden plunge was probably due to traders’ profit taking because the cryptocurrency had orchestrated the rally from $3,600 to…