By Alex Benfield On September 8, 202104:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) has slipped since the beginning of the week but is holding a key support level.
• Ethereum (ETH, Tech/Adoption Grade “A”) has shown a bit of...
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By Jon D. Markman On September 8, 202112:13 PM Eastern
Stocks are slightly lower this morning, following up on Tuesday’s weakness.
Cyclical shares came under pressure Tuesday after economists at Goldman Sachs (GS) reduced the firm’s outlook for...
By Sean Brodrick On September 8, 202110:52 AM Eastern
The uranium market is white hot. While the long-term fundamentals of uranium are extremely bullish — see my latest Wealth Wave column on the topic — this shorter-term frenzy is probably thanks to...
By Juan M. Villaverde On September 8, 202109:48 AM Eastern
I’m sure you’ve seen the headlines about crypto markets being down double-digits yesterday.
If so, don’t worry, this is just part of a normal — and thoroughly expected — 80-day cycle correction....
By Jon D. Markman On September 8, 202106:28 AM Eastern
The first real trading session in September was not a great one for bulls. The S&P 500 closed at 4,520, down 0.3%, as returning traders worried about economic weakness and the prospect that the...
By Mike Larson On September 8, 202106:00 AM Eastern
Today I’m writing to you from an airplane.
It feels as surreal to type those words as it is to look around and see that we’re getting back to some semblance of normalcy.
But when it comes to...
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By Jon D. Markman On September 7, 202102:58 PM Eastern
Stocks are weaker after the apathetic action on Friday has continued. There is ongoing concern about a big September decline. That narrative is playing well in financial media. Bad news sells.
...
By Marija Matic On September 7, 202102:30 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) has dropped significantly after hitting a resistance area of $53,000.
It’s quickly tested its 21-day exponential moving average (EMA) — a critical...
By Sean Brodrick On September 7, 202102:02 PM Eastern
Markets are taking a kick in the shins today as economists at Goldman Sachs (NYSE: GS) revised lower their growth forecast for the U.S. economy from 6% to 5.7%.
That’s only one big Wall Street...
By Alex Benfield On September 7, 202101:21 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) has continued its slow climb back up from July’s lows, finally crossing back above that $50,000 mark this week. However, BTC was unable to cross above the...