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I stick to us stocks as our president screws up everything I'm sure he will screw up trading with China in do time , to much uncertainty!
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Cryptocurrencies were mostly lower on Monday, although market conditions have stabilized following the weekend sell-off. Bitcoin was trading above its 200-day moving average (currently at $46,386), which suggests selling pressure could wane over the short term.
Analysts pointed out that excess leverage in the bitcoin futures market contributed to the broad sell-off. And despite room for a short-term price bounce, some analysts remain cautious about bitcoin’s price direction over the next few weeks.
“The previous two times that BTC challenged the 200-day moving average served as good buying opportunities, as the market remained structurally bullish but was simply over-leveraged.” Sean Farrell, a digital strategist at Fundstrat Global Advisors, wrote in a newsletter.
Latest Prices
Bitcoin (BTC): $48,954, +0.5% $Bitcoin (BTC.CC)$
Ether (ETH): $4,226, +2.7% $Ethereum (ETH.CC)$
S&P 500: +1.2% $S&P 500 Index (.SPX.US)$
Gold: $1,779, -0.2% $Barrick Gold (GOLD.US)$
10-year Treasury yield closed at 1.443%
Article excerpted from Yahoo.
Analysts pointed out that excess leverage in the bitcoin futures market contributed to the broad sell-off. And despite room for a short-term price bounce, some analysts remain cautious about bitcoin’s price direction over the next few weeks.
“The previous two times that BTC challenged the 200-day moving average served as good buying opportunities, as the market remained structurally bullish but was simply over-leveraged.” Sean Farrell, a digital strategist at Fundstrat Global Advisors, wrote in a newsletter.
Latest Prices
Bitcoin (BTC): $48,954, +0.5% $Bitcoin (BTC.CC)$
Ether (ETH): $4,226, +2.7% $Ethereum (ETH.CC)$
S&P 500: +1.2% $S&P 500 Index (.SPX.US)$
Gold: $1,779, -0.2% $Barrick Gold (GOLD.US)$
10-year Treasury yield closed at 1.443%
Article excerpted from Yahoo.
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Palantir bought $50 million in gold bars in August as cash accumulates" https://www.cnbc.com/amp/2021/08/17/palantir-bought-50-million-in-gold-bars-in-august-as-cash-accumulates.html
All the commercial data it's been crunching in the last few years led them to the conclusion, stagflation n severe inflation is near...otherwise 50 million in servers ll hv made more sense for an IT company than physical REAL GOLD , not unless the gold bar can go up 100 fold or more to sustain them.
All the commercial data it's been crunching in the last few years led them to the conclusion, stagflation n severe inflation is near...otherwise 50 million in servers ll hv made more sense for an IT company than physical REAL GOLD , not unless the gold bar can go up 100 fold or more to sustain them.
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"Barrick Gold Stock: A Solid Miner In A Weakening Market (NYSE:GOLD) | Seeking Alpha" https://seekingalpha.com/amp/article/4447816-barrick-gold-a-solid-miner-in-a-weakening-market
5 Billion Cash Flow almost no debt, a ready product GOLD that has no competition,devaluation, requires no research or marketing, advertising, no improvement, no antitrust nonsense. At this P/E. where better? Appl gg to face all supply chain issues from china to india to vietnam becos of covid/lockdwn.
5 Billion Cash Flow almost no debt, a ready product GOLD that has no competition,devaluation, requires no research or marketing, advertising, no improvement, no antitrust nonsense. At this P/E. where better? Appl gg to face all supply chain issues from china to india to vietnam becos of covid/lockdwn.
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Hey, moomooers! Here are things you need to know before the opening bell:
- Stock futures rose in early morning trading on Tuesday after worries about slowing growth sparked a Monday sell-off on Wall Street.
- Electric-car maker Li Auto kicked off a near-$2 billion stock offering in Hong Kong, joining a string of U.S.-listed Chinese companies in tapping investors closer to home.
Market snapshot
Stock futures rose in early morning trading on Tuesday after...
- Stock futures rose in early morning trading on Tuesday after worries about slowing growth sparked a Monday sell-off on Wall Street.
- Electric-car maker Li Auto kicked off a near-$2 billion stock offering in Hong Kong, joining a string of U.S.-listed Chinese companies in tapping investors closer to home.
Market snapshot
Stock futures rose in early morning trading on Tuesday after...
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$Tilray Brands (TLRY.US)$ said that “investors” voted to increase the number of shares available by 250 million. Im going to say that retail investors vote counted for very little of that vote. Instead im going to say it was the directors and CEO making their class B RSU shares activated so they could vote to pass. And since they have worked so hard at taking the investors money, they all received 6.677 million dollars worth of shares that will also come from the investors pocket when they start selling them. So Good Job Tilray at making your stock even more worthless! ...
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Weekly market recap
For the week, major US indexes set new records. $Dow Jones Industrial Average (.DJI.US)$ gained 1.08%; the $S&P 500 Index (.SPX.US)$is headed for a weekly gain of 1.96%, and the $Nasdaq Composite Index (.IXIC.US)$ gained the most by 2.84% this week.
All three of the major averages finished at record closing highs last week after the markets tumbled at the start of the week on concerns about the spread of the delta variant of Covid and how it would potentially hinder the economic recovery. The uncertainty briefly sent bond yields lower, and investors jumped into tech stocks. Both bonds and equities rebounded quickly by the end of the week....
For the week, major US indexes set new records. $Dow Jones Industrial Average (.DJI.US)$ gained 1.08%; the $S&P 500 Index (.SPX.US)$is headed for a weekly gain of 1.96%, and the $Nasdaq Composite Index (.IXIC.US)$ gained the most by 2.84% this week.
All three of the major averages finished at record closing highs last week after the markets tumbled at the start of the week on concerns about the spread of the delta variant of Covid and how it would potentially hinder the economic recovery. The uncertainty briefly sent bond yields lower, and investors jumped into tech stocks. Both bonds and equities rebounded quickly by the end of the week....
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