Nearly 900 stocks are hitting new 12-month highs.
What you have seen over several weeks is a market reacting to improved prospects for increased fiscal support reliant upon deficit spending.
While some will blame the headlines for drop in the major indexes, here's the real cause.
Overbought conditions and the chaos in Washington, D.C., are justifications for some selling, but traders are hesitant to relent.
The risk of being long and wrong in the cryptocurrency is real.
Traders are digging deep to find the next big mover.
What needs to be recognized at this point is that there is growing institutional support for bitcoin.
I'm focused on stock picking and continue to hunt for more sector plays.
Google search activity for Bitcoin still hasn't reached late-2017 levels, and retail and institutional support for Bitcoin as a store of value appears to have grown meaningfully since then.
I believe that this shakeout may last a couple of days.
I see both Tuesday and Wednesday on into the end of the week as potentially very volatile for financial markets.
So far, there's no major concern about politics, while wild volatility in Bitcoin suggests traders are still seeking speculative opportunities.
The numbers tell the story and not the other way around. Don't forget that.
With cash rushing into groups like electric vehicles, you can get on board at the right time, but must know when to bail.
Let's examine where several key markets may be headed next -- and revisit financial manias throughout history.
What caused this rally?
The pending addition of Tesla to the S&P 500 makes the rebalancing act for index funds particularly interesting this time around.
Bitcoin shines and cannabis lights up with activity.
I am starting a position in fintech Triterras as blockchain is hot in this frothy market action.
There is some rotation in and out of hot sectors but there continues to be plenty of very positive action.
Here's how to play MARA, as the cryptocurrency goes the distance.
This should be considered an aggressive play, but I find CLSK's exposure to Bitcoin plus grid-management appealing.
This year's burgeoning group of small traders tend to be stock-pickers and to focus on smaller, faster-moving stocks.
Several positives are working together to keep the market running.
We have a mispriced cross-asset opportunity in gold and silver.
The bitcoin news flow has moved me to take a stand.
There are pockets of strong momentum.
The primary problem is that there was just too much wild speculative action on Monday and Tuesday.
Bitcoin is still a market people prefer talking about rather than trading in, but the gains in 2020 are more legitimate than those in 2018.
Everyone wants to chase everything that has not moved yet, but not knowing why.