Watchlist: 8/25 Empty Scanner

Market notes: I have little to report today, only one stock from my end-of-day scanner made it onto today’s watchlist. No additions this morning either. Futures made a red to green move overnight. Bitcoin is slipping as it now appears to have rejected the $50K level. GME and AMC popped for no reason yesterday. Could …

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Watchlist: 8/24 Jackon Hole

Market Notes: The Fed canceled its annual in-person meeting in Jackson Hole, the reason: COVID. All while talking about tapering its support for the markets … irony? Tapering is a vote of confidence, just like raising interest rates. But the market always sells off initially when the Fed decides to go with less interference. Indexes …

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Watchlist: 8/13 Crypto Risk

Market Notes: All crypto/bitcoin is a very speculative asset. It’s extremely volatile, so anything you put in you should be prepared to lose. But the case for crypto remains strong. And it provides an overview of the market’s risk tolerance. Waking up to find bitcoin back above $46,000 told me the market’s poised to make …

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