Bitcoin futures are here… Video length:00:02:25 Small Caps and Trannies were today’s biggest losers as Nasdaq led… The S&P 500 has not been this overbought since 1995… VIX briefly topped 10 after the NYC bomb explosion…but was clubbed into the
December 11, 2017
The bubble to end all bubbles continues. Cryptocurrencies only have value if accepted as currencies. However, they cannot be used for the most important transaction in an economy, and cryptocurrency supply can only rise and never fall (making them a
The Chart of the Day belongs to Red Rocks Resorts (RRR). I found the gaming stock by using Barchart to sort for the stocks hitting the most frequent new highs in the last month, then sorted for technical buy signals of 80%
Unless you’ve been in a coma for the past two months, you’ve probably heard about bitcoin and cryptocurrency. The price of bitcoin has boomed from $900 at the beginning of the year to more than $16,000 today. As a result
Bloomberg had economist Art Laffer, of the eponymous Laffer Curve, talking up the GOP ‘Tax Reform’ bill in all its ‘trickle down’ glory. I did not even know this retrograde nonsense peddler was still around, having been discredited in his
Hereby is an op-ed piece I wrote for the Star Tribune, published on Sunday, December 10. “China’s rise: The wealth of a nation (not ours) “China’s rise: The wealth of a nation (not ours) By Timothy Taylor” When the economic histories of
As part of its effort to stress its own self-importance, the Federal Reserve conducts a survey of the Primary Dealer members through its New York branch. A written questionnaire is sent out to each bank in advance of every monetary
Six months ago, the Gulf Cooperation Council, helmed as always by its de facto leader Saudi Arabia, severed diplomatic ties with Qatar. This move was apparently meant to punish the country for its supposed support of terrorism. Riyadh announced the
Six months ago, the Gulf Cooperation Council, helmed as always by its de facto leader Saudi Arabia, severed diplomatic ties with Qatar. This move was apparently meant to punish the country for its supposed support of terrorism. Riyadh announced the
