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 […]
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 […]
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 […]
Why Wait For Bitcoin When This Token Has True Value With Bitcoin languishing at long-term lows traders are wondering when, or even if, a recovery in the worlds leading cryptocurrency will ever happen. The good news for traders is that you don’t have to wait for BTC to recover to make money in cryptocurrency. There […]
The Big Squeeze Is On For Bitcoin Traders Bitcoin has bounced off its long term low and key support level in a move that looks like it could go higher. The problem is that it is still fighting resistance at its short term 30 EMA and having a hard time getting across it. The world’s […]
IQOption Is A Leader In Trans-Fee Mining Trans-Fee Mining is the latest buzzword in the cryptocurrency world and you should be paying attention to it. First launched by Fcoin (not really, IQOption was the first to offer a token to cover commissions) the method involves cryptocurrency exchanges issuing their own tokens as a reward for […]
A Buying Opportunity Of Historic Proportions Just when you though cryptocurrencies couldn’t move any lower they do, but for no apparent reason. Bitcoin, Ethereum, Litecoin and the other top ten currencies have all shed nearly 10% in the hours leading up to this post and look like they could keep moving lower. The reason is […]