Market Notes: Crypto markets continued lower over the weekend as sellers are outnumbering buyers. Most in the space are still bullish on crypto in general but I believe much of the new money is having its first reality check. I remain bullish on Bitc...

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May 24, 2021

Market Notes: Bitcoin appears to be stabilizing in the low $40K. The chart looking bullish at the moment. Dogecoin is trending down but being supported by Elon Musk and his Twitter account. What is CyberViking? The stock market appears to have put in...

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May 21, 2021
Watchlist: 5/20 Crypto Margin Call

Market Notes: It was an epic collapse, it happened so fast… Bitcoin fell more than 50% off of record highs and showed many weaknesses. Like any good sell-off, it triggered margin calls. A reported $8 billion worth of liquidations was triggered as the...

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May 20, 2021
Watchlist: 5/19 Inflation Fears… Buy More Dollars?

Market Notes: The markets are dropping. The major indexes fell about 1% yesterday and futures are all pointing towards another decline. The Crypto market is in free-fall mode. I’ve made a few small purchases but still think it can go lower. I’m looki...

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May 19, 2021
Watchlist: 5/18 Summer Days…

Market Notes: Crypto markets appear to be stabilizing, the overall trend does appear bearish at the moment. COIN fell below $250, its initial list price. Dave Portnoy jumped on the Safemoon bandwagon. Elon Musk’s Twitter account is boring this mornin...

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May 18, 2021
Watchlist: 5/17 Crypto Crash

Market Notes: Elon Musk…. (again, I know) took to Twitter and suggested TSLA may sell its bitcoin holdings. The crypto market reacted with a violent sell-off. The dip is currently being bought. Dogecoin is holding up strong. Earnings season continues...

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May 17, 2021
Watchlist: 5/14 Dogecoin and Elon Musk

Market Notes: The promotion is continuing as Elon Musk declares that he is pro-crypto but doesn’t want to increase the burning of fossil fuels, especially coal. He called developments with DOGE “promising” and finished tweeting with a note image cont...

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May 14, 2021
Watchlist: 5/13 Falling Knife

Market Notes: Markets continued to sell off yesterday, and the VIX spiked too. The crypto market joined after Elon Musk tweeted out that TSLA would no longer accept bitcoin as payment for its cars. There are very few opportunities in the market right...

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May 13, 2021

Market Notes: The gas shortage on the east coast has drivers in panic mode. I’m in North Carolina and have seen long lines at the pumps and yellow bags on handles. The pipeline could give us an update as soon as today. Meanwhile Tesla drivers are lau...

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May 12, 2021
Watchlist: 5/11 Stonks That Go Down

Market Notes: The Nasdaq Composite led the way down yesterday and continues to put a drag on the overall markets this morning. Many of the old WallStreetBets favorites has taken a beating, TSLA, PLTR, SPCE… Russian hackers have taken down the largest...

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May 11, 2021