This Is Why A Rate Hike Isn’t That Important The FOMC is due to meet next week and by all accounts they are expected to raise rates. While a rate hike will be a dollar-positive event it is most likely already baked into the market expectation and may not produce a rally. The news that […]
This Is The News You Need To Know About The cryptocurrency market quietly bounced back over the past week as a number of positive events occurred within the industry. The market still has quite a ways to go to recover the losses incurred in 2018 but it looks like the bloodbath is over. Topping the […]
Wage Inflation Will Move The Dollar The US non-farm payrolls report was released today and was much as expected. Job gains were strong, unemployment is low and wages continue to rise. While several points within the report were tepid compared to expectation there is one that will move the dollar; average hourly earnings. Average hourly […]
This Is Why The S&P 500 Will Move Up This Year Labor Day weekend, a celebration of hard work and a time for families to picnic, go to the beach and spend time outside before the cold winter begins to set in. What it really means is an end to summer trading conditions and the […]
The SEC Is On Track For A BTC ETF The SEC has just rejected another 9 BTC ETF applications from 3 top ETF providers; Direxion, ProShares and Granite Shares. The news is not surprising as these funds, like all the ones denied before them, fail to meet the SECs standard for safe investment. The reason […]
Economic Strength Is Leading The Dollar Higher The Dollar Index hit a new high in the last week but has since pulled back from that level. The high, near $97 and well above a target for long-term resistance, is the highest level the index has seen in more than 2.5 years and likely not the […]
Masternodes Are The Future Of Cryptocurrency And Opportunity Now All computers, wallets and miners connected to a blockchain network are referred to as nodes. The nodes are what powers the network but not all nodes are the same. In regards to Bitcoin a “full node” will support all functions of the network where a lightweight […]
Earnings Trump The Trade War While trade war rhetoric flies across the globe the US equities market is moving higher. The trade war and what it may do to the global trade arena are a major concern for traders, the caveat is that it’s effect has so far been limited. Yes, there is fear (and […]
A Bitcoin ETF Is Coming Soon The SEC has rejected a second attempt by the Winklevoss Twins to list a Bitcoin ETF based on holding of their Gemini Bitcoin exchange. The proposal is based on a rule change that would allow the commodity based fund to list. In their argument the Winklevoss claim that Bitcoin […]
What Will Drive Bitcoin’s Value Higher? With Bitcoin rebounding off its 2018 lows traders are asking, what will drive the crypto market higher? There are many potential catalysts on the horizon, most will result in higher prices for BTC and the major cryptocurrencies, but one will drive the market to new all time highs. The […]