Market Notes: Bitcoin is looking more bearish taking a tumble overnight. The price is near 50% below its recent highs, it could still sink further, I’ll buy more under $20K. El Salvador is making moves to make Bitcoin legal tender while former presid...

Market Notes: Volume remains high on the meme stocks, AMC is in a multiday rest period but has yet to break down. A breakout could keep make it the dominant story of this week too. Bitcoin is holding in another sort of no man’s land. It’s above the 2...

Market Notes: Bitcoin slipped lower overnight after Elon Musk hinted he was “breaking up” with the crypto. Last we knew his personal holdings were 0.25 BTC. Bitcoin’s still maintaining its consolidation pattern above the 200 day moving average. Meme...

Market Notes: New jobless claims are due out this morning. I’m watching for the trend to continue with a new pandemic era low. The pace of layouts is about still double that of a truly healthy job market. Still, calls from right-wing politicians are...

Market Notes: Bitcoin looks to be putting in a bottom at the 200 day moving average. Watching for a break higher above the psychological level of $40K. AMC is stealing the show as meme stocks are not taking the week off. Watching for a record high op...

Markets Notes: Welcome to June! Today we kick off a short week with plenty of activity. Crypto was boring over the long weekend… Today I’m watching for Bitcoin to hold its 200 day moving average. A breakdown below this level would be a strong sign th...

Market Notes: Yesterday was another slow day. New unemployment filings continue to fall but are still double the rate we expect to see in a healthy job market. The markets finished the day mostly flat. Crypto is falling this morning. WallStreetBets i...

Market Notes: The market is rather muted after some excitement around the meme stonks yesterday. I managed to take some of AMC when it gave a nice setup. The broader markets are rangebound near all time highs. I think we stay in this area for another...

Market notes: AMC, GME, KOSS, and others roared back to life yesterday. I’ve got one on my list this morning. Short squeezes are the apparent reason… Some traders never learn… Bitcoin broke out above $40K this morning. Will be watching to see if it c...

Market Notes: After weeks of “inflation fears,” the stock market had a strong rally yesterday. It appears those fears have magically disappeared… Gimme a break they never existed… Bond markets were steady the whole time. Don’t listen to the talking h...