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Good morning Tax vote today is likely all that matters as the bitcoin blockchain plays take a pause as several of the names in the space raise capital with offerings.
Read MoreGood morning Equities are gapping in premarket off speculation that the tax reform bill is a done deal. We will see if that is truly the case or if there will be some unexpected twists and turns. Bitcoin blockchain mania continues with LFIN gapping up a staggering additional 100 percent in premarket. To say that this may be getting a bit out of control would be a severe understatement. However that does not mean it can't continue. Gap up days can be one
Read MoreHello my friend We have some economic data that could impact the markets this week with GDP and we also have the upcoming vote on the tax reform bill. Nothing is guaranteed so until the vote is official be prepared for any potential outcome. I will have the full list of stocks to watch and the sector wrap for the pro members in about an hour. I have a good list this week with a couple of members sending in theirs as well.
Read MoreGood morning Tax reform hiccups gave the markets a little pause yesterday as we head into quad witching for the markets. There were several sectors that were overbought and a few sectors that are experiencing some near term pressure like
Read MoreGood 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 We are approaching the end of the year and we have a big economic data week ahead, throw in progress for that tax reform bill, datea coming out of the ASH conference, Bitcoin Futures that started trading today & ending the week with quadruple witching. I would suggest that .....
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
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