By Juan M. Villaverde On March 18, 202110:32 AM Eastern
Cardano (ADA, Tech/Adoption Grade “B-”) has been one of the hottest crypto assets so far in 2021. We’ve owned it on our Long-Term Portfolio since 2019.
And now, our Timing Model tells us ADA may...
By Jon D. Markman On March 18, 202106:28 AM Eastern
Stocks pushed higher on Wednesday, led by cyclicals. However, tech stocks stole the show.
The Nasdaq began the session more than 1% lower, yet closed at 13,525, up 0.40% on the day. The...
By Sean Brodrick On March 18, 202106:00 AM Eastern
I read a lot of financial news ... or at least a lot of financial news headlines. I remember last year, headlines about gold reaching a 10-year high were everywhere, along with speculation about...
By Alex Benfield On March 17, 202103:49 PM Eastern
• ChainLink (LINK) has held support well and jumped above its moving average.
• As exchanges add new altcoin options and exposure increases, prospects for a true “alt season” get better and...
By Jon D. Markman On March 17, 202103:02 PM Eastern
Stocks are higher in midday trade on Wednesday as the government debt market came under renewed pressure ahead of the Federal Reserve’s policy statement, sending bond yields to more than a year...
By Sean Brodrick On March 17, 202111:52 AM Eastern
The market is pulling back ahead of the Fed’s policy announcement today. This happens nearly every time and is (usually) followed by a relief rally. We’ll see what happens today.
In the...
By Jon D. Markman On March 17, 202106:28 AM Eastern
Tuesday began as expected. The tech-heavy Nasdaq continued to lead, rising almost 1% at its best level, while the S&P 500 was essentially flat.
Then in the middle afternoon the tech rally ran...
By Mike Larson On March 17, 202106:00 AM Eastern
As I sat down to write this piece, a segment about the launch of a new cruise line ran on television. Yes, a cruise line ...
Called Virgin Voyages and backed by British billionaire Richard...
By Alex Benfield On March 16, 202105:15 PM Eastern
• Bitcoin (BTC, Tech/Adoption Grade “A-”) fell further today, briefly hitting lows near $53,200 before settling in just north of $55,000.
• Ethereum (ETH, Tech Adoption Grade, “A-”) has held...
By David Dittman On March 16, 202104:30 PM Eastern
Tyler Winklevoss made his fortune on Facebook, Inc. (Nasdaq: FB). He and his twin brother Cameron sued Mark Zuckerberg for stealing their idea for a social network. The rest is (cinematic)...