BTC/USD Bitcoin fell initially during the trading session on Friday, reaching down towards the $6700 level. However, we did bounce a bit towards the end of the day, showing a potential hammer. If we can break above the top of the hammer, the market could go to $8000. I believe that the $8000 level above…
One day after Elon Musk amused his 20 million twitter followers with a Tesla bankruptcy April Fool’s joke… Tesla Goes Bankrupt Palo Alto, California, April 1, 2018 — Despite intense efforts to raise money, including a last-ditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt….
The first part of the year got off to a great start, not so much as the first quarter of 2018 came to an end. The above 8-pack looks at numerous indices in the states and highlights the patterns created in the first quarter. First off, from a long-term perspective, the softness in the first…
Overnight Markets and News June S&P 500 E-minis (ESM18 -0.47%) this morning are down -0.24% after China announced the implementation of its previously-announced tariffs on about $3 billion of U.S. goods in retaliation for U.S. steel and aluminum tariffs. Tech stocks remain on the defensive after President Trump over the weekend tweeted additional criticism of…
Very glad that we all got that April Fools stuff out of our systems. Bravo to everyone for one of the most creatively deceitful 24 hours we’ve had in years. What’s happening in the markets right now is far from fun and games though. Bitcoin is below 7k. Ether is below $400 and XRP is less…
Interesting that $1.3T US spending bill was enacted on March 23, 2018, exactly 31.459 years after passage of US Tax Reform Act of 1986: Also, the 86 year cycle in drought conditions in the midwest US seems to approach – is this why Marty thinks wheat will bottom this year? The below Wikipedia link mentions a “short…
Each month I will publish my dividend income. I will mainly do this for staying self-motivated and to give you the readers the chance to follow my journey from the beginning on. The dividend income in the first couple of years will be on a very low level but investing in dividend stocks is all…
The major asset classes delivered mixed performances in March. Stocks in the US and foreign markets fell while US real estate investment trusts (REITs) and foreign inflation-linked government bonds posted the strongest gains. The MSCI US REIT Index jumped 3.9% in March, the strongest advance for the major asset classes. The increase marks the first…
After opening the day, flat share markets in India witnessed volatile trading activity throughout the day and ended the day firmly in the green. Sectoral indices too ended the day in the green, with stocks in the pharma sector and stocks in the auto sector leading the gains. At the closing bell, the BSE Sensex stood higher by 287 points (up 0.9%) and…
After opening the day, flat share markets in India witnessed volatile trading activity throughout the day and ended the day firmly in the green. Sectoral indices too ended the day in the green, with stocks in the pharma sector and stocks in the auto sector leading the gains. At the closing bell, the BSE Sensex stood higher by 287 points (up 0.9%) and…
