The stock market may be grinding out new high after new high, but one trader is remaining steadfast on the view that turbulence is right around the corner. Just six weeks after rolling over a massive wager that the CBOE Volatility Index, or VIX, would surge from its subdued levels by January, the volatility vigilante … Read more
U.S. money transfer giant MoneyGram is teaming up with blockchain firm Ripple to test payments using the latter’s cryptocurrency. MoneyGram, based in Dallas, Texas, will use the XRP cryptocurrency to speed up and reduce the cost of transferring money through Ripple’s payment network xRapid. XRP was seen surging on the news, and flew almost 15 … Read more
The cryptocurrency market has begun to recover after the South Korean cryptocurrency trading ban controversy led the market valuation of cryptocurrencies to fall by more than $100 billion. Cryptocurrency Market Starting to Recover Almost immediately after the South Korea Ministry of Justice revealed its plans to continue drafting a cryptocurrency trading ban bill, the price … Read more
South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymakers around … Read more
FREE DOWNLOAD JOHN CARTER’S EBOOK “UNDERSTANDING OPTIONS” Today we grabbed an “edge” in the 30-year. In this video, I explain all the details of how and why we wait for specific levels in markets that are in sideways ranges. Raghee Horner started trading at 17 while still in high school. She continued her pursuit of … Read more
Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos! U.S. markets closed in the red across the board for the first time in six sessions after showing weakness throughout Wednesday’s session. The losses were minimal with the Dow, Nasdaq and S&P 500 falling 0.1% while holding near-term support. The Russell 2000 … Read more
FREE DOWNLOAD JOHN CARTER’S EBOOK “UNDERSTANDING OPTIONS” While it’s tempting to jump on tech stocks showing any signs of weakness, this is why I’m waiting until Friday. John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. … Read more
Get Don Kaufman’s FREE eBook: The Rebel’s Guide to Options Trading The first down day of the year is here as stocks sold off slightly on the news out of China that they might stop buying US Treasuries. Watch this video newsletter update to find out the types of trades to take in a rising … Read more
Cryptocurrency Markets are having a tough time, with major losses across most of the top 50 coins to start the day Wednesday, Jan. 10. The total market capitalization of all cryptocurrencies is down from $800 bln on Jan. 7 to around $709 bln Jan. 10. The main exception seems to be Ether (ETH), which is … Read more
Add Gen Xers to the long list of Americans who fear they won’t have a sizable enough nest egg to retire. Nearly four out of 10 (37%) of Generation X — those born between 1965 and the late 1970s — say they would like to stop working for good and “fully retire” someday, “but will … Read more