Cryptocurrency Analysis and News Portal
The Dow Jones started the week with a bang – but looks set to end it with a whimper. U.S.-China tensions continue to make investors nervous, and Trump may escalate them further today. Nevertheless, one historical indicator suggests stocks are primed for a major rally. The Dow Jones Industrial
Read More
The Dow Jones scored its third straight daily gain on Thursday. Awful economic data releases continue to create no headwinds for a buoyant U.S. stock market. Dow bulls are banking on a big third quarter, with little margin for error. Dow bulls ignored another wave of titanic unemployment claims
Read More
Dow Jones Industrial Average (DJIA) futures point to yet another strong rally on Wall Street Thursday. China approved a controversial new security law over Hong Kong Thursday morning as White House threatened sanctions. Investors are nervous about the Beijing’s next move – ‘China will retaliate on this’ The Dow
Read More
The Dow Jones rallied for a second straight day on Wednesday. Stock market bulls dragged prices higher despite boiling tensions between the U.S. and China. Hong Kong is no longer deemed independent from Beijing, which could have wide-reaching implications for the Dow. The Dow Jones Industrial Average (DJIA) brushed
Read More
Bitcoin breaks above $9,100 hours ahead of New York opening bell.The gains surfaced as the futures linked to Dow Jones suggested a 400-point rally after Wednesday’s open.Investors also felt buoyed by Goldman Sachs’s early morning call with clients on Bitcoin.Bitcoin closed above $9,100 in a surprising upside move after trading
Read More
Dow Jones Industrial Average (DJIA) futures rocket higher for a second day of strong gains. The rally is no longer led by mega tech companies, but by cyclicals, aerospace, travel, and small-caps. It’s a broader, more healthy rally which implies a stronger recovery. The U.S. stock market is preparing
Read More
The Dow Jones secured a spectacular advance in the first session of the holiday-shortened trading week. Wall Street enjoyed sturdy housing market data, though consumer confidence undershot expectations again. Dow bulls continue to trust that Donald Trump is bluffing about getting tough on China. The Dow Jones opened with
Read More
Dow Jones Industrial Average (DJIA) futures rocket 550 points higher on Tuesday. The S&P 500 looks set to open above the huge psychological level of 3,000. Breaking and holding this level could act as a launchpad for a return to previous highs. After the long Memorial Day weekend, traders
Read More
The Dow Jones Industrial Average rallied nearly 300 points in futures trading Monday night. Although the economy has likely plunged into recession, key indicators such as mortgage applications and travel bookings are up slightly. The Atlanta Fed’s GDP tracker estimates a second-quarter contraction of 41.9%. U.S. stock futures rose
Read More
Dow Jones Industrial Average (DJIA) futures push higher while stock markets are shuttered for Memorial Day. The stock market appears to rise in perfect harmony with global money supply, suggesting that central bank stimulus is the single biggest driver right now. Trump begins re-election fight with a promise of
Read More