Subscribe to our mailing list

* indicates required

 

 

 

 

BROWSE BY TOPIC

ABOUT FINANCIALISH

We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.

 

Stay Informed with the latest fanancialish news.

 

SUBSCRIBE FOR
NEWSLETTERS & ALERTS

FOLLOW US

Wall Street News

Financial Stocks Outperform Cryptocurrencies - At Least on Monday, October 29

October 29, 2018

[Image: Bull and Bear / StockInvestor.com]

 

by Howard Haykin

 

Stock market volatility has returned with a vengeance, and investors have increasingly taken to watching the market performance of alternative investments - namely, cryptocurrencies. Just last week, Financialish observed that cryptocurrencies were seemingly acting like "safe havens" while stocks were plummeting.

 

Which prompted us to provide Financialish readers with a comparison of market performance - using statistics for the 10 largest stocks (in the 'Financialish Stock Index') and the 10 largest cryptocurrencies. 

 

Keeping it simple, we present the 1-day (or 24-hour) performances for these 20 investments - side-by-side for your comparision. Stock performances were obtained from Yahoo! Finance; cryptocurrency prices were obtained from CoinMarketCap.com.

 

 

As of 4:00 p.m. (ET) on Monday, October 29, Financial Stocks clearly outperformed cryptocurrencies.