Bitcoin Trading Volume: “It’s a Trap!” Bitwise, an asset management firm looking to legitimatize Bitcoin so it can create the first exchange-traded fund (ETF), determined that more than 95% of trading volume reported by the many exchanges who trade...
The JPM Coin JP Morgan made news on February 13, 2019 when they announced their own cryptocurrency. Dubbed the JPM Coin, JP Morgan intends to use the currency to immediately settle transactions with some of their larger clients. What is a Cryptocurrency? In a...
Click the image for an enlarged version Last updated: February 10, 2019 When’s an earnings miss not an earnings miss? When you’re 3M, AMD, Apple, Pfizer, or Whirpool and your company’s earnings aren’t as bad as analysts...
With the positive action in the markets of the past few days, it can be easy to get wrapped up in the optimism of thinking we’ve bottomed and it’s safe to get back in the water. Downside ahead? Many analysts believe this pop is a result of a...
The Fed has spoken and they have decided to put the hammer to the markets. What happened? As we predicted in yesterday’s post, the Fed announced they would raise interest rates during their meeting announcement today. From there, we thought the likely option would...
The Fed meeting is at 2:00 p.m. Eastern Time tomorrow (12/19/2018) and the market WILL react. What do you do? At this point, analysts are almost evenly divided about what will happen to the markets after the Fed meeting. There are three possible outcomes: ...
