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.