DAIM Releases its 2022 Digital Asset Investment Playbook - Yahoo Finance | Canada News Media
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DAIM Releases its 2022 Digital Asset Investment Playbook – Yahoo Finance

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NEWPORT BEACH, Calif., Nov. 12, 2021 /PRNewswire/ — Leading digital asset management firm DAIM has just released its 2022 Digital Asset Investment Playbook. Don’t miss what’s in store in this exciting new investment space.

Digital Asset Investment Management

You couldn’t have asked for a better year for Digital Assets.

“You couldn’t have asked for a better year for Digital Assets. 2021 has seen Bitcoin smash through its all time high, touching $66,000 in mid-October. We still think that a breach of 90k is well within reach in these last two months and feel comfortable calling for six figure Bitcoin prices in early to mid 2022. DAIM is committed to helping our clients navigate Digital Asset investing in the most advantageous way possible.” – DAIM CEO Bryan Courchesne.

Below are DAIM’s focus points for 2022:

-Bitcoin ETFs: Are there more on the horizon and are they good investment vehicles for exposure to Digital Assets?

-ETH 2.0: Will it be complete and what are the implications for DeFi and all other Digital Assets?

-SOL: Will it be the official ETH killer?

-Investing strategies for taxable and tax-advantaged accounts.

-Capital Market expectations for traditional assets and how they compare to digital assets.

The full report can be found here. You can also sign up for DAIM’s webinar scheduled for November 19th at 12pm EST.

For further information, please contact:
Digital Asset Investment Management
License: CRD# 294098
hq@daim.io 949-298-7582
120 Newport Center Drive
Newport Beach CA 92660

Who We Are:

DAIM is the first fully licensed and regulated digital asset manager. We create long-term value through our trading and execution expertise, customized investment options, secure cold storage custody of assets, research and educational resources. DAIM.io

*Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so your account may have a gain or loss when shares are sold. Current performance may be higher or lower than what is reflected. Investment performance of a model depends on the performance of the underlying investment options and on the proportion of the assets invested in each underlying investment option over time. The performance of these investments will vary day to day in response to many factors including volatility. The account performance information reflects the reinvestment of dividends, yield and or income (to the extent applicable), is net of applicable transaction fees, and is net of DAIM’s investment management fee. However, taxes are not accounted for. Diversification does not ensure a profit or guarantee against a loss. Please review our ADDITIONAL disclosures for important information on your account’s performance. DAIM MODEL was started in June 2018 and digital assets held in the model change from time to time.

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SOURCE Digital Asset Investment Management

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Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

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NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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