Traders on the floor of the NYSE, Jan. 5, 2023.

Source: NYSE

Here are the most important news items that investors need to start their trading day:

1. A little momentum

The Nasdaq put together its second straight day of gains Monday, even as the Dow and the S&P 500 slipped. The tech-heavy Nasdaq struggled mightily last year, dragged down by large declines in stocks like Tesla. Could this year, however, bring a substantial turnaround? One classic indicator suggests that stocks, overall, are in for a good year. Simply, it’s that the S…….

Cryptocurrency trading platform Coinbase is cutting approximately 20% of its workforce, or about 950 jobs, in a second round of layoffs in less than a year.

The company cited adverse economic conditions and disruptions within cryptocurrency markets.

Bitcoin has plunged almost 60% over the past year and a volatile year got worse in late 2022 with the collapse of cryptocurrency exchange FTX which filed for bankruptcy protection in November after experiencing the equivalent of a bank run. Customers tried to withdraw billions of dollars from the exchange…….

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

As the wider crypto world continues to battle the ongoing fallout from the spectacular collapse of the FTX exchange, not to mention the immense contagion that would result if the Digital Currency Group (DCG) goes under, Litecoin (LTC) is likely to serve as a relatively robust safe haven in 2023, owing to the cryptocurrency’s halving event scheduled for later this year.

<p…….

I’m still thinking about a financial tweet I saw on New Year’s Eve.

It shows a screengrab from a TikTok picturing a young, smiling woman, whose username is cropped out. The superimposed text reads, “When the market falls at the same time you decide to invest, so you’re buying shares cheaper and can earn higher returns.”

It’s unclear to me whether the account that tweeted this was mocking her or not. Plenty of people in the replies were.

Others were defending her. And with good reason. While there is no shortage of laughable investing advice to be found on social media, thi…….

CTech’s comprehensive survey among dozens of Israeli VCs over recent weeks raised one clear conclusion: Unicorns are dead, long live the Seed! A combination of several factors like billions in dry powder, a global financial slowdown, entrepreneurial opportunities, and the maturing of the local ecosystem are making Seed investments more attractive than ever

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This article is reprinted by permission from NerdWallet. 

If financial resolutions are intentions — “I want to save more money this year” — then financial goals are a more specific aim — “I plan to cut discretionary spending by 20% each month.” 

Financial actions are the actual steps you take to make progress — “I will log in and cancel any subscription service I haven’t used in the past 30 days.”

The goal is the expendable piece of that process, says Peter Bregman, executive coach and CEO of Bregman Partners,…….

16.

“Three things that helped: 1) Think about what percentage of your monthly income goes for rent and bills. Divide the rest by 30 so you know roughly how much your daily spending should be. When (not if) you go over that limit, you can balance things by spending the next one to three days less so you get back on track. You’ll be surprised how much this helps in the long run.”

2) Don’t try to save money. Instead, take a notepad and divide one page into three column…….

Transparency Market Research

Increase in popularity of home-cooked food as a result of trend toward nutritious eating is expected to drive the global non-stick cookware market

Wilmington, Delaware, United States, Jan. 10, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global non-stick cookware market was worth US$ 19.5 Bn in 2021 and is estimated to touch value of US$ 31.4 Bn by 2031. Market forecast projects industry growth at a CAGR of 5% during the forecast period, from 2022 to 2031. Cooking with non-stick cookware requires the least amount of oil possible…….

Tickets are on sale for the Caymus Wine Pairing Dinner at 7 p.m. Thursday, Jan. 19, at  Sullivan’s Steakhouse, 5252 Corporate Blvd.

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