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Good morning This will be Janet Yellen's last act as Fed chair and the anticipation is that she will announce the third rate increase this year. If that occurs we could see the banks get a lift and the dollar could also show some strength. Bitcoin plays are still getting some action like DPW and could present a scalp opportunity with intra day setup play size appropriate.
Read MoreGood morning The FOMC meeting begins today and equities, oil and gold are all basically flat in premarket trading. That could continue as we head into the last Fed announcement for the year. Yesterday the Bitcoin related names were on fire and today we could
Read MoreGood morning Markets were higher in premarket and then we got some news of an explosion in New York near Times Square which is pulling the markets back a bit. Gold was getting a little bounce however we are already seeing equities recover and gold give back some gains. This looks like a lone wolf attack and reports are that the only person hurt is the person trying to commit the attack. If that is the case we could shake this off completely but if there start being ..
Read MoreGood morning Equities are gapping this morning especially in the beaten down tech space. Biotech should be a space to keep a close eye on as we are heading into the ASH this weekend. Shippers are another sector of interest as the dry bulk index is at the highest level in 4 years. Gold is down slightly as both oil and the dollar are slightly green. Bitcoin is finally taking a breather after a crazy run ahead of the CBOE futures trading which begins Sunday. We will see if that winds up being the buy the rumor sell the news event to bring Bitcoin and some of the related names back to earth.
Read MoreGood morning Equities are mixed in premarket with the S&P and NASDAQ up slightly Despite a major hack on crypto-mining service NiceHash, bitcoin rocketed about 9% overnight past the $15,000 level. Almost 4,700 bitcoins - worth roughly $70M at current prices - were lost in the breach, prompting NiceHash
Read MoreGood morning Equities are weak this morning in premarket with gold gapping slightly with oil the dollar basically flat. Bitcoin smashes through 12 k over night and looks as though the run will continue.
Read MoreGood morning The Tech wreck is getting some follow through with some of the big name flyer's like BABA and NVDA making some swift moves lower in premarket. For longer term investors these pullbacks could be presenting some great opportunities to get in but keep in mind that markets and stocks tend
Read MoreGood morning Equities are gapping higher off of the passing of the senate tax bill. Gap up days are probably one of the most challenging days for active traders. Be patient and stick to your trade plan. Do not chase. Bitcoin is setting new records and making some pretty volatile moves as you will see from the Seeking Alpha comments below. The oil and energy space continues to look strong.
Read MoreGood morning Equities are bouncing in premarket Oil is also gapping off OPEC comments. OPEC oil producers and Russia appear set to extend output cuts until the end of 2018 as the group gathers in Vienna to finish rebalancing an oversupplied crude market. "My ..
Read MoreGood morning Bitcoin is now approaching 11k smashing through the 10k mark. The blockchain plays could be back in play. Be careful with these names like RIOT and MARA they are riding the coattails of Bitcoin but they do not..
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