|Day Low/High||2.70 / 2.89|
|52 Wk Low/High||0.80 / 3.90|
Now that cryptocurrencies have gone through one major boom-and-bust cycle it is a good time to sort out some of the better plays from the junk.
Don't underestimate how the action in the stocks of blockchain and cryptocurrency plays impacts the overall market mood.
Traders are in a good mood as small caps outperform and the crazy action in the blockchain group continues.
The republican loss in the Alabama special election for U.S. senate had only a brief imapct on stock futures.
Endless bitcoin media coverage helped to disguise the fact that it wasn't that strong of a day for most stocks.
The one name I feel has the best fundamental argument is Overstock.
Seldom do we have an opportunity to watch a bubble in real time.
My game plan is to continue to embrace the momentum in the indices by staying focused on bullish setups in individual stocks.
I'm looking for some new entries in less-speculative names, but many stocks need a rest at this point.
There is no question in my mind that the cryptocurrency frenzy will end badly, but trying to guess when and how is impossible.
We had some great speculative buying earlier this week, and indications this morning are that traders still are chasing cryptocurrency and blockchain plays.
This is a great environment for small-cap stock picking; enjoy it while it lasts.
You must be vigilant and quick when it comes to holiday trading, but it can provide a nice feast if you find the right stocks
The U.S. Global Jets ETF launched successfully almost a year ago, quickly pulling in over $50 million in assets.