Markets
Choppy Price Action Is Still the Trend in Cryptocurrencies

Choppy Price Action Is Still the Trend in Cryptocurrencies

Summary Cryptocurrencies were flat on the week, as range-bound action persists.Bitcoin (BTC) held onto price support near the $9,000 level.Concerns remain about a second wave of the Corona Virus. Bitcoin (BTC) continued to trade in a rather quiet, choppy fashion....

Banks Cling to Support Ahead of Stress Test

Banks Cling to Support Ahead of Stress Test

The Federal Reserve is set to release the latest stress test results for banks on Thursday, June 25th after the U.S market close. The central bank began conducting the stress tests in 2009, in response to the devastating effect of the global financial crisis. The...

How to Trade Apple During its Biggest Developer Event Ever

How to Trade Apple During its Biggest Developer Event Ever

America's most valuable company is making its next great leap forward. Are you keeping up? Apple (AAPL) just unveiled a new operating system (iOS 14) making it easier to manage apps, watch videos and interact with Siri. The $1.5 trillion firm also introduced a...

Sleepy Action in Bitcoin Persists

Sleepy Action in Bitcoin Persists

Summary Investors around the world continue to focus on the latest Covid-19 numbers.Global monetary policy sees little change.Bitcoin (BTC) picked up where it left off last week and traded in a sideways manner. Bitcoin (BTC) traded in an apprehensive manner this week,...

Don’t Read This Post if You Like Earning 0% on Your Money

Don’t Read This Post if You Like Earning 0% on Your Money

Tired of super-low interest rates? The IPO market may offer a solution. Angel Oak Dynamic Financial Strategies Income Term Trust (DYFN) plans to raise $100 million in an initial public offering next week. TradeStation clients can access the IPO market thanks to our...

Bitcoin, Altcoins Stall at Key Levels

Bitcoin, Altcoins Stall at Key Levels

Summary Cryptocurrencies continued to trade relatively quiet following the Federal Reserve meeting.Bitcoin briefly crossed the $10,000 level before stalling.Bitcoin (BTC) resistance lies at the psychologically important $10,000 level, while support can be found at the...

Swift Rotation into Big Cap Tech, as Russell Support Nears

Swift Rotation into Big Cap Tech, as Russell Support Nears

Since the global financial crisis in 2008, the theme in the overall market has been drastic outperformance in large-cap technology stocks such as the “FANG” names- Facebook (FB), Amazon (AMZN), Netflix (NFLX), Google (GOOGL). The aforementioned names are members of...