Market Notes: Ethereum is at new all time highs above $4000 this morning. Dogecoin has crapped out after SNL but the market still loooks strong. Crypto stocks are coming back into play in the OTC market. Will be watching for that to translate to the...
Market Notes: All eyes will be on the April jobs report today as new unemployment filings continue to fall. It will be out at 8:30 eastern. The Dow posted another new record high close ahead of the report. Large caps continue to grind higher… Crypto...
Market Notes: Crypto remains hot as interest in one fades it appears traders are headed back into the old. Bitcoin has recaptured the 50 day moving average and I remain bullish on the whole market. Ethereum and Dogecoin have stalled near all time hig...
Market Notes: US Treasury secretary Janet Yellen suggested interest rates would need to rise in order to keep the economic boom in check. She was offering a vote of confidence to the recovery, but apparently, everyone wanted a reason to sell. May tra...
Market Notes: The broader markets were slow and muted after gapping up yesterday. The Nasdaq closed down while the Dow and SPY held some of their gains. The real winners were in the biotech sector moving on COVID related news. A sector that’s been co...
Market Notes: Markets are starting May on a positive note. I remain risk off as the market is just not making strong moves on the small-cap side of the house. And May is traditionally the start of the worst six months. Bitcoin has broken out above th...
Market Notes: The market is at record highs. Bitcoin continues to hover in no man’s land. And the Dogefather is going on SNL in just over a week. New jobless claims missed “expectations” but are at a pandemic low. Still a long way from normal levels,...
Market Notes: AAPL and FB surged after reporting blow-out earnings. Breaking a trend of earnings beats and falling share prices. The markets dipped slightly yesterday but futures are pointing towards a higher open, likely at record high levels. Retai...
Market Notes: Earnings season is in full swing. Big names like MSFT and TSLA reported great numbers… And saw their share price fall. PINS fell 10% on an earnings beat. GOOG/GOOGL seems to be the only exception rising ~5% on good numbers… More and mor...
Market Notes: TSLA reported record profits and fell 3% in after-hours trading. Another surprise announcement was that the company had sold 10% of its stake in Bitcoin, to prove the liquidity. Musk said he retaining his personal investment (0.25 bitco...
