I'm a buyer and a continue to look for new merchandise.
After a reader asked about the cryptocurrency, I took a look, and I like what I saw.
Liquidity, FOMO and a short squeeze are driving market action.
It continues to be a market for speculative trading.
This is a very mixed market right now and the major indices are doing a poor job of reflecting what is really going on.
The influx of new traders in recent weeks is making the small-cap speculation a regular thing.
2 ways to play a potential breakout in the cryptocurrency.
It has the potential to gain strong momentum as it's mainly a technical trade.
Market players are trying to navigate the rotational action.
I may not be a 'true believer,' but the chart setup looks attractive here.
Given recent actions, the way we view fixed income may be changed forever.
I'm still not sure a bottom is in play in the market yet, but I do feel like we have the setup for a bounce.
China-based Alibaba reports quarterly performance Thursday morning. While one might think that an e-commerce type operation could do well in a quarantined environment, it's not quite that easy.
The social media giant says it's open to having Libra consist of a series of 'stablecoins' pegged to existing currencies, rather than just one cryptocurrency pegged to a currency basket.
Take the opportunity to step away from the market and recharge your batteries. You may need it.
There are many reasons to like SQ.
It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.
Surprise, surprise: Regulatory opposition toward digital currencies at home and abroad is rising against Facebook.
Despite the trade war with China and the upcoming Fed meeting, it was detachment in the end that likely bogged down trading on Monday.
Last-hour buying sent the indexes into positive territory, but breadth remained negative, oil-related stocks were brutalized as money flowed into precious metals, bitcoin and bonds.
There has been some correlation lately between gold and bitcoin.
We all would love to have a crystal ball in predicting the course of the last half of this year - but mine, to be honest, is fairly cloudy.
Its price is determined by emotion more than anything else.
It is a tough trading environment right now primarily due to the lack of strong emotions.
With lackluster indexes, traders were drawn to wild action in bitcoin.
AbbVie is dropping on Allergan deal announcement, momentum is weak outside certain pockets.
Gold continues to run higher as the dollar continues to collapse.
Gold continues to ramp higher and bitcoin is starting to act like it did back in December 2017.
Facebook is fomenting optimism on its blockchain bets, despite traditional cryptocurrency criticism.
Implied volatility is near three-month lows too, so there is not much expected of NVDA as far as movement right now.