Ryan Wilday is the technical analyst over at Avi’s site, focused on cryptocurrencies. We discuss the wild volatility and why this leads to a wide range of targets. We also look at the sector as a whole and assess the discrepancy we are seeing between the larger more established coins and the smaller coins which…
Sometimes big changes happen right under our eyes and we barely notice, until one day we look at the same thing we’ve been looking at every day and suddenly realize how different it has become. The example of Netflix and Disney is a perfect example. For more than a few years now, there has been…
So how do you regulate a new market that is decentral in nature? Best Answer: Let them regulate themselves It may sound surprising but the world’s two most crypto friendly nations are going this way. Very recently both Japan and South Korea have announced the formation of a self-regulatory program for crypto exchanges. The idea is that those with hands-on experience in…
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:08:53
Among the many market-related geopolitical stories playing out in the background this week, you’ll find Turkey and the case of the beleaguered lira (more here), which plunged to an all-time low earlier this month amid concerns that Erdogan’s desire to keep juicing the economy is going to make it well nigh impossible for the central bank…
U.S. tax returns and taxes owed for 2017 are due today, April 17. To commemorate, I offer some connections to five posts about federal income taxes from the last few years. Click on the links if you’d like additional discussion and sources for of any of these topics. 1) Should Individual Income Tax Returns be Public…
As I suspected in the post I did just before hitting the sack, this morning is a sea of green, worthy of the Beatles. The reason I think this is important is , as the arrows indicate, it suggests to me we have simply re-entered the higher range between 2680 and 2800 within which we had spent…
The chart above looks at Oil & Gas Exploration EFT (XOP) over the past 8-years. From 2010 until 2013 it looks to have created a pennant pattern (series of higher lows and lower highs). Once resistance was taken out at (1), buyers came forward and XOP rallied nearly 30% in the next couple of years. Over the…
Have you been eager to see how UnitedHealth Group Inc. (UNH – Free Report) performed in Q1 in comparison with the market expectations? Let’s quickly scan through the key facts from this Minnetonka-based major health insurer’s earnings release this morning: An Earnings Beat UnitedHealth came out with earnings of $3.04 per share, which beat the Zacks Consensus Estimate…
Overnight Markets and News Jun E-mini S&Ps (ESM18 +0.46%) this morning are up +0.47% at a 3-week high on expectations of strong S&P 500 Q1 corporate earnings results. Netflix is up over 7% in pre-market trading after it reported better-than-expected Q1 earnings and forecast a bigger-than expected increase in subscribers for Q2. European stocks are…
