On the morning of Jan. 4, the cryptocurrency TRON (TRX) posted 136 percent growth, becoming the 9th largest cryptocurrency by market capitalization, and pushing Dash to 11th place. The altcoin has been on a bullish trend since mid-December, growing well over 2,000 percent since then. In the first week of 2018 alone, the coin has … Read more
US Futures are ticking higher slightly, but plenty of moves under the surface with all eyes on allocations from INTC to AMD, and the continuing squeeze in retail with JCP up another 5%. A strong rally in Europe, with the Dax up 1% led by Industrials and Fins, and the FTSE 100 Fresh records despite … Read more
The Federal Reserve says it could speed up interest-rate hikes because of Donald Trump’s tax cuts. Members of the central bank still think there will be three interest-rate hikes in 2018, according to minutes released Wednesday from the December Federal Open Market Committee meeting. The S&P 500 has gone 382 days without a 5% pullback. … Read more
Gets close to the 2017 high price at 1.2092 The EURUSD is trading at new session highs at 1.20838. In the process, the price is approaching the high price from 2017 at 1.20921. A move opens the door for further upside momentum. Yesterday the pair corrected but could not get below the 1.2000 level . … Read more
U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said Wednesday. Highlights of ISM Manufacturing (December) Factory index climbed to 59.7 (est. 58.2) from 58.2 a month earlier; readings above 50 indicate expansion … Read more
If you have any money at all in a U.S.-based savings account, please pay close attention… A high-profile ex-CIA adviser just released a shocking presentation that details a nasty global event about to rock the markets… I use the Top Hats indicator as one of my primary tools for intraday trend reversals. Doesn’t matter the … Read more
Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos! U.S. markets showed continued momentum on Wednesday with the Dow setting fresh record highs after falling shy during Tuesday’s session. The blue-chips added 0.4% after reaching an intraday peak of 24,941 to remain on track to trip the 25,000 level. The S&P 500 rallied … Read more
If you have any money at all in a U.S.-based savings account, please pay close attention… A high-profile ex-CIA adviser just released a shocking presentation that details a nasty global event about to rock the markets… Let’s dive in and see where the money is heading to next. John Carter’s father was a Morgan Stanley … Read more
The major indices continued their march higher in 2018, with new records across the board. Stocks were up nicely in the morning. But in the afternoon there was a pause as traders digested the December Fed Minutes. The minutes showed that most Fed members feel the tax cuts will boost consumer and capital spending. Most members also … Read more
Ripple has achieved a historic milestone on January 3, becoming the first cryptocurrency after bitcoin to be valued at $100 billion. At press time, the total valuation of Ripple is $121 billion. Up by $19 Billion in 24 Hours Over the past 24 hours, the price of XRP, Ripple’s native token, has increased by more … Read more