March 1, 2024 Click above image for larger version The Week’s Biggest Winner & Loser Coinbase (COIN) When your directly-correlated, underlying asset skyrockets in value, so will your stock. That’s what happened to Coinbase (COIN) this week when Bitcoin...
Summing Up The Week Whenever there’s a key data point that doesn’t come until late in the week, the price action in markets can be downright anemic. While Bitcoin was rallying over $60K for the first time in years, the S&P 500 and the rest of equities...
Summing Up The Week Going into this holiday-shortened 4-day trading week, it felt like everyone and their great-grandmother was waiting for Nvidia’s earnings on Wednesday evening. Nvidia did not disappoint. Even with sky-high expectations which Bears claimed...
February 16, 2024 Click above image for larger version The Week’s Biggest Winner & Loser Coinbase (COIN) When your stock price is correlated to the price of a rallying Bitcoin and you report the first profitable quarter you’ve had in two years, your...
Summing Up The Week The week started flat until Tuesday’s report hinting inflation might not be dead, yet, sent the markets reeling… for a single day. On Wednesday, the buy-the-dippers came out in force and the markets felt as if nothing was wrong....
