S&P 500 Marks 5th Week of Gains, as Wall Street Hits New Records

S&P 500 Marks 5th Week of Gains, as Wall Street Hits New Records

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the 3 major US stock market indexes posted record closing highs and the S&P 500 registered a 5th straight week of gainers as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose. The Cboe volatility index .VIX posted its lowest closing […]

Bitcoin (BTC) Falls 8%,14-Month Lows In Sight Again

Bitcoin (BTC) Falls 8%,14-Month Lows In Sight Again

Bitcoin (BTC) Falls 8%,14-Month Lows In Sight Again $BTCUSD The major cryptocurrencies traded lower Monday, unable to capitalize on last week’s rebound off multi-month lows. Bitcoin (BTCUSD, the world’s largest cryptocurrency, has fallen as much as 8% and is nearing last week’s multi-month low around $3,500. On the Kraken cryptocurrency exchange, a Bitcoin was fetching $3,822.50, […]

Bitcoin (BTC) Dives to 420 Day Lows, More to Go

Bitcoin (BTC) Dives to 420 Day Lows, More to Go

Bitcoin (BTC) Dives to 420 Day Lows, More to Go $BTCUSD The price of Bitcoin (BTC) fell below it technical support at $4,000 for the 1st time Saturday, 24 November since 27 September of Y 2017. At around 16:20 UTC Saturday, the world’s largest cryptocurrency by market capitalization sank to an average price across exchanges […]

Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000

Bitcoin (BTC) Holding Support at 6,000 $BTCUSD Bitcoin held support above 6,000 in Tuesday’s trading; a Bitcoin BTCUSD, +0.37%  was going for 6,232.88, down 1.1% since Monday at 5:00p on the Kraken cryptocurrency exchange. The price of Bitcoin has fallen 14% since the beginning of September. Currently, Bitcoin is trading at 6,287.25, -8.29, or -0.1317%, as of 1:21a BST, the market open. […]

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends…

Bitcoin (BTC) the Pain Extends… $BTCUSD Friday all major digital coins posted losses. Bitcoin BTCUSD, -1.26% the world’s largest digital currency, was last changing hands at 6,385.77, down 1.9% since Thursday at 5:00 on the Kraken cryptocurrency exchange. The outlook for Bitcoin is weal. This chart is grim meaning there a way to go before this over. During […]

Bitcoin (BTC) Tapping at its 3-Week Lows

Bitcoin (BTC) Tapping at its 3-Week Lows

Bitcoin (BTC) Tapping at its 3-Week Lows $BTCUSD Bitcoin prices traded firmly lower Monday, after the digital currency at the weekend fell below 7,000. Currrently, Bitcoin is trading at 6,942.9448, -134.85, or -1.91%, as of 4:12a BST, the market is open. Since Friday’s high, the world’s #1 digital currency has lost $10-M in value, according to data […]

Bitcoin Bounced Off of its 2018 Lows

Bitcoin Bounced Off of its 2018 Lows

Bitcoin Bounced Off of its 2018 Lows $BTCUSD Monday, Bitcoin bounced up from it Y 2018 lows and breaking out of a 2-month downtrend. The world’s #1 cryptocurrency’s price jumped 12% from Friday, its biggest intra-day rise since April. Bitcoin had fallen as low as 5820.79 Friday, and moved higher at the weekend (Bitcoin trades […]

On Market Breadth and NYSE 52Wk Highs and Lows

On Market Breadth and NYSE 52Wk Highs and Lows

On Market Breadth and NYSE 52Wk Highs and Lows $DIA, $GLD, $SLV Here’s the Bear’s Eye View (BEV) for the Dow Jones (DJIA) going back to January 1982, a period of market history that covers the entire August 1982 to August 2017 market advance. What’s a BEV plot? It displays the market exactly as Mr […]