|Day Low/High||2.50 / 2.80|
|52 Wk Low/High||1.05 / 4.17|
Markets were higher "from flagpole to that's all" today. The Russell Index, which has been lagging, led the markets to the upside. Bond yields were considerably higher (by about four basis points) - and a possible yield breakout and price breakdown...
Don't underestimate how the action in the stocks of blockchain and cryptocurrency plays impacts the overall market mood.
"Everytime I try to love you 1, 2, 3 red light stops me Baby every night you stop me 1, 2, 3 red light Stop the game (stop the game) You got too much to lose (too much to lose) If you stop me again That's when we might end..." -- 1910 Fruit Gum Com...
The one name I feel has the best fundamental argument is Overstock.
In the past, these sorts of bounces led to very strong follow-through.
SRAX wants to give both consumers and customers back control of their own data. Here's more on what the advertising tech company has teed up.
These are the principles I have adopted over the last four decades and I'm sticking with them rather than run with the momentum crowd.
"And I said to myself, 'This is the business we have chosen.'" --Hyman Roth, "The Godfather" To me, stock price deception is seen with more frequency today than in any time in modern investment history. Our markets, influenced by massive central ba...
There are reasons for the frenzy in bitcoin, but where it and other cryptocurrencies go from here will depend on psychology factors and outside influences.
Speaking of possible bonfires, as I do below, the epicenter may be bitcoin. As bitcoin rises to almost $10,000 this morning, it might be a good idea to briefly reflect on the conditions that led to its swift acceptance and the quick price appreciat...
Monday's action saw little change in major stock indexes.
Biotechnology and cryptocurrency are among the struggling sectors.
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.
One group that is starting to look interesting is Master Limited Partnerships.
This is a great environment for small-cap stock picking; enjoy it while it lasts.