2017 was the year of the ‘Uni-Market’ where leading stocks, industry groups and indexes marched higher from start to finish. Many important stocks got into a lockstep trend beginning in 2016. Two-Way markets are more common and we should see more of this in 2018. Markets are typically a cacophony of cross currents. The ebb … Read more
The ripple price continued to outperform other top-tier coins as the cryptocurrency markets made slight gains against their previous-day levels. Cryptocurrency Market Cap Nears $600 Billion Friday’s contribution to the recovery was not as pronounced as the one fate dealt the markets on Thursday, but the cryptocurrency market cap nevertheless climbed to $592 billion, a … Read more
On Wall Street, bonus season is supposed to be a time of great excess, but even with a booming market in 2017, some traders are bracing for “big, fat zeroes” this year, Reuters reports. With markets hitting new highs, investors were content to leave their money alone, resulting in fewer trades and a 12 percent … Read more
A possible government shutdown is the focus now. As uncertainty creeps back into the markets, the VIX (aka Fear Index) closed at the highest level since mid-November. The major indices opened right around where they left off yesterday, then fell after the first half hour of trading. By mid-morning stocks were lower, and the DOW was down as much as 170. … Read more
For the umpteenth time, Bitcoin was declared dead this week as the cryptocurrency market took a major dive in value. Bitcoin dipped below $10,000 as others followed suit with even bigger drops as the panic spread about a burst bubble. However, the negative charts across the board took a positive turn as most of the … Read more
The past week of confusion and friction over cryptocurrency regulation in South Korea continues to unfold as accusations surface of government officials practicing insider trading, local news source Chosun reports. According to the local reports on Thursday, Jan. 18, some government officials from the Financial Supervisory Service (FSS), who were aware of forthcoming announcements about … Read more
It looks like yesterday’s sell-off was just a minor blip on a bull’s radar. After kicking off the day with the major indices slightly higher, trading was a little sideways in the morning. But by late morning the rally was on, and it was business as usual. With traders buying the dip, stocks rallied to new … Read more
Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos! U.S. markets showed opening momentum at the start of Wednesday’s trading and were able to hold positive territory while pushing fresh all-time highs and round number resistance. The action was certainly calmer than the previous session with volatility settling back down. he … Read more
The dominance index of bitcoin, which calculates the dominance of the cryptocurrency over the global market, has increased over the past 48 hours amidst one of the worst corrections the market has experienced since June 2017. Is Bitcoin Reserve Currency of Crypto Market? Since 2016, upon the emergence of digital tokens and alternative cryptocurrencies, many … Read more
Lowly vending machines that spit out candy, soda and smokes are so last century. New-fangled machines that sell down jackets and cell phones are on the verge of becoming vital cogs in the e-commerce, want-it-now revolution — serving as around-the-clock, around-town warehouse-like distribution points that make the last mile to customers’ front door smooth and … Read more