Lester Coleman, Author at Hacked: Hacking Finance
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AuthorLester Coleman
Lester Coleman

Lester Coleman

Lester Coleman is a veteran business journalist based in the United States. He has covered the payments industry for several years and is available for writing assignments.

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Artificial Intelligence

Bitcoin Giant Bitmain Enters the High Stakes AI Race

Posted on August 27th, 2017.

The Sophon, named for a fictional proton-sized supercomputer, could be the tool to train neural networks in data centers worldwide. It is the latest project being developed by Bitmain Technologies Ltd., the bitcoin mining giant that has carved out a dominant position in bitcoin mining. Such chips, called application-specific integrated...

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ETFs

Three Country Exchange Traded Funds Offer Potential For Investors

Posted on August 27th, 2017.

Country exchange traded funds (ETFs) that invest in specific countries’ stocks offer a way to gain exposure to foreign equities, according to Investopedia. The funds can include alternative investments, foreign currencies and commodities. Three such country ETFs have demonstrated strong uptrend over a long term but have experienced...

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Business

Biotech And Industrial Metals Top Penny Stocks To Watch For August

Posted on August 21st, 2017.

Leading market benchmarks hit new highs in July, generating interest in small-cap stocks and low-priced securities for August, according to the Investopedia penny stocks to watch for August. Suffering sectors like industrial metals and brick-and-mortar retailers also perked up, driving swing traders and bottom feeders into the market....

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Analysis

Telecoms Outpace Tech Stocks In July; For How Long?

Posted on August 6th, 2017.

Tech stocks might have led indexes to new highs this year, but in July, telecoms displaced tech stocks as the leading S&P 500 performers. Telecoms rose 5.1%, eclipsing the tech sector’s 4.1% gain and doubling the S&P 500’s gains, according to The Financial Times. While tech stock showed weakening signs, investors favored AT&T...

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Make Money

Top 5 REIT ETFs Allow Investors To Gain Expsoure To Real Estate With Limited Risks

Posted on July 23rd, 2017.

Real estate exchange traded funds (ETFs) allow investors to buy shares and receive dividend distributions based on their investment. This provides a unique angle to real estate investing, which often uses leverage, whereby a buyer borrows against most of a property’s value to gain income from the property, even though the buyer only put...

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Biotech

Biotech Dominates July Penny Stock Picks

Posted on July 17th, 2017.

July brings new opportunities to trade penny stocks, according to the Investopedia top 10 penny stocks to watch. Biotechnology stocks in particular are poised for a breakout. Biotechnology funds broke out of the long-term basing pattern in June, forcing rotational buying pressure, which bodes well for the low-priced sub-sector, with many...

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Analysis

3 Commodity ETFs Pose Caution In July

Posted on July 4th, 2017.

Three commodity exchange traded funds (ETFs) have a tendency to rise or fall in July, indicating both opportunity and risk for investors, according to Investopedia. Two of the ETFs have a strong bearish bias while one has a long-term historical tendency to rally, although in recent years it has been slammed lower. Investors are advised...

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Penny Stocks

June’s Penny Stock To Watch: Small Tech Emerges As Sweet Spots

Posted on June 11th, 2017.

Speculation in penny stocks fell in May as capital exited U.S. equity funds due to delays in the Trump Administration’s agenda. Capital focused on blue chips, according to Investopedia. The trend could continue until low-risk, intermediate correction occurs. Junior biotechs suffered on account of health care reform’s impact on the...

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Economy

Fearing Recession, Billionaire Investor Paul Singer Creates $5 Billion Rainy Day Fund

Posted on May 30th, 2017.

Paul Singer, a billionaire investor, has created a $5 billion rainy day fund to protect himself from a disaster awaiting Wall Street, according to Marketwatch. Singer runs Elliot Management, a $33 billion hedge fund. He recently advised investors in a letter that low volatility is ahead for stocks, which will see values move higher for a...

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Business

Last Week’s Top Cannabis Stock Winners And May’s Stocks To Watch

Posted on May 29th, 2017.

Medicinal and recreational cannabis continues to spur investment in marijuana-based pharmaceuticals. Several publicly traded cannabis stocks gained more than 5% this past week, some of which have market capitalizations exceeding $50 million, according to Investopedia. The Solactive North American Medical Marijuana Index, which tracks the...

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Bitcoin

Fidelity Investments CEO Embraces Bitcoin And Blockchain, Cites Challenges

Posted on May 25th, 2017.

Abigail Johnson, CEO and chairwoman at Fidelity Investments, called for more serious conversations about bitcoin and blockchain while addressing Consensus 2017 blockchain conference in New York City, according to MarketWatch. Fidelity has tested bitcoin and blockchain, according to Johnson, including partnerships, venture investments and...

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Investments

Mid-Cap ETFs: Growth And Stability At A Better Value

Posted on May 23rd, 2017.

Mid-cap stocks – those with market capitalization between $2 billion to $10 billion – are less known than large and small cap stocks, but they can provide profitable investments, according to investment experts. Quality, stability and value are typically associated with large cap stocks. Growth is usually associated with small-cap...

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Cryptocurrencies

Exchange Traded Funds Hit Record $2.865 Trillion In April; May Reach $5.9 Trillion By 2021

Posted on May 16th, 2017.

Exchange traded funds (ETFs) – baskets of assets traded as stocks by investors and institutions that typically charge lower fees than mutual funds – hit a record $2.865 trillion in April, driven by rising stocks, according to a report from ETFGI, an ETF researcher. The ETFGI estimate is in line with a February report from...

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Business

Dow Could Hit 100,000 By 2030; Adviser Urges Investors To Prepare

Posted on May 13th, 2017.

The Dow Jones Industrial Average could hit 100,000 by 2030, according to financial author and adviser Ric Edelman. Edelman, who believes incredible profits are in the making for those who prepare for new economic realities. If it doesn’t hit 100,00, he said, it will probably hit 150,000. The blue-chip index currently trades at around...

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Penny Stocks

May’s Top 10 Penny Stocks

Posted on May 8th, 2017.

Speculative buying increased in April, driving a number of penny stocks to 2017 highs, according to Investopedia. The penny stock list for May includes turnaround plays in biotech technology, chemicals, energy and China. Precious metals missed out in the bullish list, with junior and senior gold miners falling to multi-month lows due to...

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Penny Stocks

Penny Stocks To Watch this Month

Posted on April 25th, 2017.

The push on stock prices driven by the “January Effect” ended in early April, giving way to a stockpicker’s market that is expected to last into the summer months, according to Investopedia. Such a climate favors a trading environment in which a handful of penny stocks can defy broad-based indices. April’s penny stock focus has moved...

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Analysis

Active Fund Managers Underperform Indexes

Posted on April 14th, 2017.

Are active fund managers worth their fees? Not according to a newly-released report from S&P Dow Jones Indices that reports on actively managed fund performance. Actively managed funds did not fare well against indexes in the last 1-,3-, 5- 10- and 15-year spans, meaning investors are better off sticking with passive funds that track...

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Economy

What Do Rising Interest Rates Mean For Investors?

Posted on April 4th, 2017.

With interest rates inching upward in the U.S. and elsewhere following a period of sustained low rates, what should investors do to maximize their earnings? Last month, the Federal Reserve raised interest rates and signaled it will raise interest rates more this year. This followed a raise in December, the first in more than a year....

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Articles

The 10 Most Famous Traders Of All Time

Posted on March 28th, 2017.

The careers of the world’s most famous traders are colored by both triumph and tragedy, with some exploits achieving mythological status within the industry. The dramatic and varied stories of the most famous traders have made compelling material for books and movies.

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Articles

5 Painful Losses In The Stock Market

Posted on March 26th, 2017.

This month, activist investor Bill Ackman lost around $4 billion on an investment in Valeant Pharmaceuticals. Ackman’s loss is one of many stock market trading losses in recent years. Because of the secretive nature of many hedge funds and fund managers, some big losses may never be reported to the public. Following are five painful...

The team:
Dmitriy Lavrov
Analyst
Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years of trading experience. He covers Forex, Commodities and Cryptocurrencies. He is among the top 10 most Read More
Jonas Borchgrevink
Founder
Jonas Borchgrevink is the founder of Hacked.com and CryptoCoinsNews.com. He is a serial entrepreneur, trader and investor. He shares his own personal journey on Hacked.com.
Mate Csar
Analyst
Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive Read More
Mati Greenspan
Analyst
Senior Market Analyst at Etoro.com.
Rakesh Upadhyay
Analyst
Rakesh Upadhyay is a Technical Analyst and Portfolio Consultant for The Summit Group. He has more than a decade of experience as a private trader. His philosophy is to use Read More
Pamela Meropiali
Account Manager
Pamela Meropiali is responsible for users on Hacked.com.
Joseph Young
Journalist
Joseph Young is a finance and tech journalist & analyst based in Hong Kong. He has worked with leading media and news agencies in the technology and finance industries, offering Read More