By Juan M. Villaverde On August 6, 201809:40 AM Eastern
At the time of my last update, we did not yet have firm confirmation about the high in Bitcoin’s current 80-day cycle:
A. Was the high already behind us? Or …
B. Was a new high still to come,...
By Martin D. Weiss, Ph.D. On August 6, 201807:55 AM Eastern
A lot of expert manpower and money has been poured into the technology that underlies cryptocurrencies — Distributed Ledger Technology, or (DLT).
Major global banks are jumping into the space....
By Tony Sagami On August 6, 201807:55 AM Eastern
On July 26, the U.S. Securities and Exchange Commission again rejected an application from the Winklevoss twins to launch a new Bitcoin Exchange-Traded Fund (ETF).
When the news hit the tape,...
By Jon D. Markman On August 6, 201804:01 AM Eastern
Stocks moped around most of the Friday session before ripping higher into the closing bell, showing surprising sanguinity that the weekend would not bring a new wave of unfriendly headlines.
The...
By Jon D. Markman On August 3, 201803:20 PM Eastern
Stocks are mostly tiptoeing higher today following tepid data on July job growth. The benchmark S&P 500 is now on track for its fifth-straight weekly gain.
Through 2:30 p.m. Eastern, the Dow was...
By Tony Sagami On August 3, 201807:55 AM Eastern
Have you been watching short-term interest rates? If you haven’t, you darn well better pay attention because the jump in these rates could very well be the most dangerous development that you...
By Juan M. Villaverde On August 3, 201807:55 AM Eastern
Since early 2017, the Initial Coin Offering (ICO) marketplace has been growing at an unstoppable pace.
Even in 2018, in the midst of a crypto market that’s been mostly bearish or dead, new...
By Jon D. Markman On August 3, 201804:19 AM Eastern
Tech companies resumed their leadership role yesterday, helping the Nasdaq 100 rip 1.3% higher — a pace well ahead of fellow indexes, and in line with action that precedence led us to expect.
A...
By Juan M. Villaverde On August 2, 201803:55 PM Eastern
Precisely as anticipated by our cycles model, Bitcoin climbed to a peak on July 25. Then, also as expected, it lost momentum and turned down.
Was this the final high in this cycle? Unlikely.
...
By Jon D. Markman On August 2, 201803:11 PM Eastern
Tech companies resumed their leadership role in U.S. markets today, helping the Nasdaq 100 rip 1.2% higher — a pace well ahead of fellow indexes.
Through 2:30 p.m. Eastern, the Dow was down...