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  1. Bitcoin chart analysis: The 50 day moving average

    Cryptocurrencies are so new, and so volatile. I don't typically prefer a long term moving average on a crypto chart for those reasons, but Bitcoin is different. First, it's the oldest and maybe least volatile chart (though it still moves a ton compared to stocks) of the cryptos. Second, the 50 day moving average has worked in the past many, many times as both support and resistance. Let's take a look.

    This is the most recent activity for Bitcoin in candlesticks, with the blue line showing ...
    Tags: bitcoin
  2. TSP Talk Weekly Wrap Up

    This week we saw no change in the relentless momentum in stocks we've seen thus far this year. The quick government shutdown could not shake things up as a temporary deal was made to get things back and running for now. We got a little more volatility mid-week with some credit given to comments about the weakness in the dollar from Treasury Secretary Steven Mnuchin and follow up comments by President Trump. Pull backs are healthy for the market, especially for traders looking for entry points, but ...
  3. Weiss Ratings posts first-ever crypto grades

    Weiss Ratings, an institutions and investments ratings agency similar to Standard & Poor's and Moody's, has posted the first-ever grades on 74 of the biggest cryptocurrencies by market cap, sparking a massive increase in website traffic overnight. The crypto community were so polarized by the ratings, Weiss had to address the feedback with multiple articles explaining how their rating system works and why certain coins received lower grades than their fans wanted.

    Weiss revealed several ...
  4. Dow outpacing broader market as dollar rallies

    It was another record breaking day for the Dow on Thursday after it gained another 141-points. That's the good news. If we take a glass half empty look, the Dow was up 260-points at one point on Thursday so it gave back quite a bit, and the broader indices were basically flat on the day, while the market leading Transports lost about 1.5% for a second straight day. ...
  5. Volatility is picking up

    The Dow was up nearly 200-points early on Wednesday but reversed course and was down over 100-points by early afternoon. The dip buyers were doing what they do, and bought the dip and the Dow closed the day up a respectable 43-points. The other indices bounced back as well but they couldn't move back into positive territory and we saw slight to sharply lower prices in many indices. ...
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