By Sam Blumenfeld On June 25, 202103:00 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) is 5% lower today, and it currently trades around $33,000.
• Ethereum (ETH, Tech/Adoption Grade “A”) has dropped another 7% in today’s trading, and...
By Jon D. Markman On June 25, 202102:58 PM Eastern
Stocks started higher today as traders look past bad economic data points and focus on the good ones.
The government’s core personal consumption expenditures index, a favorite gauge of the...
In our last issue, we recommended you sell a July Utilities Select Sector SPDR Fund (NYSE: XLU, Rated “C+”) put option with a strike price of $63 (XLU210716P00063000). We estimate you got a price...
U.S. Treasury Secretary Janet Yellen says President Joe Biden’s $4 trillion spending plan won’t cause inflation. Her theory: Since the money will be spent on infrastructure, it will not spur...
By Jon D. Markman On June 25, 202106:58 AM Eastern
Federal Reserve Chairman Jerome Powell said last week that the central bank was beginning the discussion about raising short-term interest rates.
This week, he said inflation was transitory....
By Jon D. Markman On June 25, 202106:28 AM Eastern
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Schedule: Next week I am heading down to our house in Mammoth Lakes, Calif., for a midsummer working vacation. We will probably reduce publication to just two or three days per week if...
By Tony Sagami On June 25, 202106:00 AM Eastern
Sure, I was in only in junior high, soon to make the leap to high school, so my experience was limited. But, still, it was the most horrifying string of words I’d ever heard in my life ... “Your...
By Juan M. Villaverde On June 24, 202105:57 PM Eastern
Our ratings are updated weekly. For the latest list, click here.
In recent weeks, Bitcoin has crashed, rallied and then come back down again.
But, so far at least, none of the...
By Juan M. Villaverde On June 24, 202104:41 PM Eastern
Bitcoin (BTC, Tech/Adoption Grade “A-”) — Finally Confirms End of ‘Bullish’ Phase
As I said, this week, Bitcoin finally closed above our important bullish trigger level at $39,300. Since then,...
By Jon D. Markman On June 24, 202103:00 PM Eastern
The latest Jobless Claims report was released this morning, and the data is not great for those who believe the economy is running too hot. Claims held above 400,000 for the second consecutive...