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.
Equity markets have run wild since Oct. 30, and it is the more economically sensitive indices that have really taken flight.
Technical analysis has become so much more accurate a trading tool than it ever was before.
They called it rotation. I'm still not completely convinced. Don't you normally have to sell something to rotate?
Trading volume was low enough Wednesday to indicate a lack of conviction, or conviction that did not spread across enough managers to truly change the narrative.
What the Nasdaq experienced Monday is known not just as an 'Outside Day,' but an 'Outside Reversal,' and these can be dangerous.
The most important market takeaway right now is that both the Nasdaq Composite and S&P 500 have filled their respective gaps and retaken their 50-day simple moving averages.
Here's to the removal of uncertainty -- and thousands of campaign signs on thousands of lawns in my neighborhood.
Thoughts on copper, precious metals and the S&P and a low risk way to get involved in a possible recovery in stocks.
This is a major earnings week, electoral risk is real, the virus is already slowing velocity, and the cavalry (fiscal policy) is not coming. Sometimes, circling the wagons is not the worst idea.
Several sessions over the past 10 days have seen increased trading volume at the NYSE, but not the Nasdaq, and for the S&P 500, but not the Nasdaq Composite. Is this professional risk reduction?
Markets have certainly recovered nicely off of the lows of late September. Now, here in mid-October, it feels like it did that cold night back in 1980-something. The wolves are visible and noisy.
Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.
Corn rarely plows past $4, but will this time be different?
Suddenly, both sides realize that they have played politics and the people had noticed. Not those two from Tuesday night. Thankfully.
Here's how I'd play it into earnings.
Speaker Pelosi and Secretary Mnuchin appear to be playing nice for the moment. Can we keep the consumer in the game?
Too often we debate markets with the same source of dogma and lack of objectivity that exists in our political debates.
SMIC and Toshiba affiliate hurt by further export curbs on chipmakers dealing with China.
Obstacles that lie ahead, but this market never seems to embrace a negative narrative for long.
A short-term bounce is likely -- so here's how I'd play silver.
During times of economic or political duress, commodity rallies are often all or nothing. Here's a trade idea.
At least part of the market's negative reaction to the Fed on Wednesday may be tied to two factors.
Investors have been content holding duration and interest-rate risk despite the red flags. Complacency rarely ends well.
The risk of being long and wrong is growing substantially.
This Nikola tie-up could signal the start of a renaissance for GM.
Have some big movements ahead been priced in already -- or is there an explosion to come?
The Mini VIX future has been a huge success.
If financial markets any indication, a lot must be expected from Fed Chair Powell Thursday morning. Plus, two guys to never bet against.
The trend is obviously higher, so selling futures is a high-risk venture.