Products ancillary to ownership of the coin itself can come saddled with significant shortcomings.
Growth Stocks led the market on Monday, but breadth was negative as small-caps lagged.
While supply-chain constraints are a global problem, consumer-level inflation is not yet as broad a problem, or at least not evenly distributed.
It is still early, but the character of the market action shifted on Wednesday, and the potential for a new uptrend is increasing.
With earnings season starting in earnest Wednesday, both indexes have offered investors nothing but lower highs coupled with lower lows since the start of September.
The corrective process continues as we await inflation news.
Market volatility could spike in late November/early December just as liquidity walks away. Keep that in mind.
In a real bear market, one that persists, volumes will dry up. Corrections are violent and volatile. That's where we are now.
Market participants are not having any problems finding justification for the selling.
Traders are holding the largest bullish dollar bets and bearish euro bets we have seen in the previous year.
Predictions of a very difficult market are building just as we are heading for the seasonally best time of the year.
Is Delta dying down, or is this the calm before the storm up north?
The 10-Year Treasury yield has increased to just shy of our projected 1.55% resistance level.
It is now clear, in a world without all that much clarity, that professional money is in the early stages of distribution mode.
Nancy Pelosi and Mitch McConnell have plenty more up their sleeves. The appearance of having gained the upper hand is more important to them than your P/L ratio.
The market is seeing pressure again Tuesday morning as oil and energy continue to move higher.
The real crisis is not that the Evergrande story will be back, but that China isn't able and politically willing to be the global driver of economic growth it has been.
It was as if markets heard what they wanted to hear, when it was actually much more simple: markets heard exactly what they had anticipated.
It isn't a coincidence that the copper market is teetering between feast or famine at the same time as the S&P 500.
China cannot be the engine that global economies have relied upon if its goals have shifted back toward pulling power away from even its own leading businesses.
Don't be too trusting, too quickly. V-shaped bounces have been more common recently, but the key technical level is Monday's lows.
The key technical question is whether the lows hit at the close Tuesday will provide support.
The New York Fed's August Survey of Consumer Expectations could be problematic.
This is a market undergoing some very healthy consolidation.
All life, all learning, from parenting to aging to investing is about adaptation -- the ability to evolve.
The biggest obstacles the market faces right now are negative seasonality and a lack of positive catalysts.
In isolation, rapidly slowing economic growth coupled with rapidly rising inflation would bring about stagflation, a phenomenon most younger Americans don't seem to understand should be feared.
I could be wrong, but as far as I can tell, nobody else is telling the story about the sudden movement in these yields.
Conditions are ripe for finding the sort of negative news to justify a pullback.
The fiscal football remains a greater threat this week than anything Fed Chair Jerome Powell says on Zoom this Friday.