Dow Closes Green: GE Crashes, Bitcoin Bounces, And Junk Bonds Suffer Record Outflows
Baahhhhh… Video length: 00:00:59 The day started off with the 4th down day in a row for Japanese stocks…the biggest drop since April. It was quite a day for a few key assets… GE collapsed… Chipotle crashed then ripped back… EM Debt has been pummeled… Biotechs puked… Bitcoin was battered then bounced… And then there’s […]
Bitcoin Vs Gold – Is Bitcoin Taking Investors Out Of The Gold Market
(Audio length 00:13:16) Chris Temple wraps up the markets with us today by focusing on the swings in Bitcoin over the weekend. After Bitcoin fell over $1,500 from Thursday to Sunday the news was all over the story. Chris and I discuss the possibility of Bitcoin being another bubble much like the tech bubble in […]
World Markets Update – Monday, Nov. 13
All eight indexes on our world watch list have posted gains for 2017 through November 13. The top performer thus far is Hong Kong’s Hang Seng with a gain of 32.64%, followed by India’s BSE SENSEX at 24.21%. In third is Tokyo’s Nikkei with 17.09%. The Last Four Weeks The tables below provide a concise […]
$23 Trillion Asia Wealth Creation Will Fuel Asset Management Industry Growth
Despite uncertainty regarding the country’s position in the world after Brexit, the one part of the UK economy that’s still booming is financial management. Total assets under management in the UK rocketed by 20% last year to a record £6.9 trillion ($9 trillion), according to the Investment Association annual Asset Management Survey. The bulk of this growth was a […]
Monday, Monday
Well, Monday was a snoozer and that’s a shame for a couple of reasons. For one thing, it makes these end of day posts tedious, but more importantly, today should have been ‘”fun” (depending on your definition of “fun”) because things got off to a decidedly inauspicious start in Japan, where the Nikkei careened lower, […]
Volatility, AMZN, And All Eyes On Bonds
Video length: 00:12:46 How do you know when professional traders are hedging their positions? Look no further than the VVIX which measures the volatility of the VIX or put another way – volatility of the volatility index. In tonight’s video we examine volatility, algo trading in AMZN, and the bond market. Watch this video before […]
Buy 3 Best Schwab Mutual Funds For Stunning Returns
Charles Schwab Investment Management, Inc. offers a variety of products including money market funds, ETFs, index funds and asset allocation funds. The main objective of the company is to provide effective investment solutions that fulfil the needs of its investors. With its experienced workforce, the company has been able to offer the best opportunities worldwide. […]
EUR/CAD Back To 1.50?
The euro maintained a bid throughout the North American session leading some traders to wonder if we’ve finally seen a bottom. Its difficult to say as ECB President Draghi could easily talk the currency down on Tuesday by highlighting all of the reasons why policy needs to remain extremely accommodative but if there weren’t […]
Bitcoin Has A Massive Problem
You’ve just arrived at the airport parking garage after a grueling flight. It’s late. It’s cold and raining. You’re tired and hungry. Home beckons. Since it’s the year 2020, you’re paying for things with your bitcoin wallet. Naturally, the parking machines take the cyber-currency. Good thing too… you lost your real wallet, so no cash […]
