Bitcoin’s return above $20,000 does not mean it has hit “the bottom”. Total cryptocurrency market capitalization, according to CoinMarketCap, rose 5% to $914bn. Tuesday, the cryptocurrency fear and greed index…
North American News US stocks have an up and down ride today. Close lower on the day Modest declines for the major indices The major indices had a roller coaster…
Economists remain worried as the action of the central bank so far have not given results. The US Federal Reserve made no surprise on its June policy meeting and raised…
While Russia’s currency has shown an impressive turnaround, there are still many uncertainties. The Russian Ruble, now close to a multi-year peak against major currencies like the EUR and the…
North American News US stocks close with gains. Gains of greater than 2% for the major indices The shortened week is off to a positive start The major US stock…
Inflation is a hot topic. Should you be worried? Regardless of any real consensus on how concerned the general population should or shouldn’t be about it, some economists will still…
The bearish focus remains on the circular $20,000 level, the former peak of 2017. Bitcoin was down 4.9% on Thursday, ending around $20.7K and trading near $20.8K at the start…
North American News Holiday trading during the US session The US traders were off in observance of Juneteenth with banks, federal offices and exchanges closed for the day. As a…
While there are holidays today, I wanted to present you with a preview of tomorrow‘s extensive analysis – as regards stocks and the economy: S&P 500 recovered from the intraday…
Dangerous precedent in the solana ecosystem Now that strain is being placed on the cryptocurrency system, we’re finding out which products and ideas crack. The solana ecosystem is getting a…
North American News US stocks close mixed. Down for the week Dow industrial average lower. NASDAQ index higher The major US stock indices are closing the day with mixed results:…
A very different and very basic way of looking at the markets One of the reasons traders find it so hard to achieve consistent results in their trading is due…
Highlights from his presentation from Friday The annual Sohn conference didn’t get much attention on Friday because it was virtual and because of the wild moves in markets but there…
Another incredible performance for the oil bulls WTI crude oil fell as low as $112.31 today but turned around late in the day to finish up $2.27 to $117.58. We’ve…
North American News Major indices restart the downside momentum after the reprieve yesterday Major indices down 6 of 7 trading days. The major US indices have all restarted their downside…
Investors and traders should be prepared that yesterday’s rebound could choke out rather quickly. Bitcoin was down 0.7% on Wednesday, ending it near $21.8K, although it was a hair away…
Markets are grappling with higher food and energy prices and even shortages of both. And the line from The Big Short movie, “it all came crashing down” comes to mind.…
North American News US stocks end higher as markets get comfortable with higher rates Fed targets 3.4% by the end of the year The major US stock indices day higher…
The dot plot and central tendencies from the June 2022 FOMC meeting The dot plot for June 2022 shows the median rate at the end of 2022 at 3.4%, up…
The Celcius news over the weekend has sent the price of bitcoin sharply lower. The low price reached $22,600. That was just above the 200 week moving average at $22,368.26.…
