Why would you settle for the average return the stock market offers by investing in diversified indexes such as the S&P 500 or even the Nasdaq? Well, some people just don’t have the time to go hunting for the best growth opportunities out in the market. Instead, they buy an index to get exposure to whatever the market is going to do.However, all the hunting and homework for the best stocks to double your money has been done for you. Analysts are confident the following list of companies has significant upsi ...

U.S. stocks rallied in February, with the S&P 500 and the Nasdaq Composite Index recording the best month in nearly a decade. Meanwhile, the Dow Jones Industrial Average logged a four-month winning streak for the first time since May 2021. For the month, the Nasdaq gained 6.1%, while the S&P 500 added 5.2%. The Dow Jones was up 2.1%.The rally was broad-based, with consumer discretionary being the top-performing sector of February. The surge was driven by the wide-ranging appeal of stocks geared toward consu ...

Hashrate grows 60% in a single month to exceed 16 EH/s with over 131,000 operational miners Monthly bitcoin production increased 12%; Treasury increased to 4,218 bitcoin LAS VEGAS, March 1, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending February 29, 2024. "What a month this has been for us. Our teams have been hard at work and that work is paying off," said Zach Bradford, CEO. "Even though ...

Operations have already commenced at the three facilities, with an expected hashrate of 2.4 EH/s once fully loaded with S21s LAS VEGAS, Feb. 27, 2024 /PRNewswire/ -- CleanSpark, Inc., America's Bitcoin Miner, today announced it has completed the acquisition of three bitcoin mining data centers in Mississippi, effective February 26. Initial operations have already begun, boosting the Company's operating hashrate to over 15 exahashes per second (EH/s). "We are thrilled to start operating in Mississippi with ...

Bullish momentum continues to permeate the cryptocurrency sector today, with CleanSpark (CLSK 23.86%) among the leading crypto-related stocks to see major moves. As of 2:45 p.m. ET, the Bitcoin (BTC 5.61%) miner has seen its share price surge 26.1% from yesterday's close, marking the continuation of a volatile start to the year, which has seen CleanSpark stock nearly double in less than two months.Of course, because CleanSpark is a top Bitcoin miner, the price of Bitcoin ultimately dictates a great deal of ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Key PointsCoinbase Global has rallied 29% in February, getting a boost after a fourth-quarter pivot to profitability.Crypto stocks are notoriously volatile compared to the broader market.The January launch of spot Bitcoin ETFs has attracted institutional investors to the space, although one analyst warns of potential challenges ahead. 5 stocks we like better than Coinbase GlobalThe cryptocurrency industry is having a moment. Crypto trading platform Coinbase Global Inc. NASDAQ: COIN is up 29% in February, fo ...

On Feb 14, the largest cryptocurrency Bitcoin (BTC) reached a milestone to close the day with more than $1 trillion in market capital, for the first time since December 2021. In intraday trading, the digital currency rose to $52,079, marking its highest level since December 2021.The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved r ...

Crypto mining stocks were on an absolute tear on Wednesday as the value of Bitcoin (BTC 4.63%) jumped 5.9% and its market cap topped $1 trillion again. Hut 8 (HUT 16.82%) jumped as much as 19.5%, CleanSpark (CLSK 9.06%) was up 18.8%, Marathon Digital (MARA 10.40%) rose 15.6%, and Riot Platforms (RIOT 10.10%) gained 11.9% in morning trading. At 10 a.m. ET today, shares of those mining companies were up 17.8%, 10%, 11.6%, and 10.6%, respectively. The Bitcoin popBitcoin's upward momentum can't seem to stop. Ex ...

monsitj In this article I outline why I think CleanSpark, Inc (NASDAQ:CLSK) is a buy with an opportunity to almost double an investor's money. I will explain my thesis by analyzing price action, a chart pattern, momentum, volume, and relative strength all on a weekly time frame. Let’s examine the chart. Chart 1 – CleanSpark with 30-week EMA, Momentum, Volume, and Relative Strength www.stockcharts.com When I am examining a stock, I like to look at the weekly time frame. Chart 1 above shows the weekly pri ...