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19Apr2021 Market Close: Cryptos Crushed, Dollar Dumped, Semis Slammed As VIX Spikes, DOW Closed Down 123 Points, Nasdaq Down 1.0%, Small Caps Were The Worst Performer Today

The Dow was the least worst of the majors with Nasdaq lagging just behind Small Caps (SPY -0.5%). Biden administration weighs rule to reduce nicotine levels in cigarettes. The Market in Perspective Here are the headlines moving the markets. Lithium Mega-Merger Creates New $3 Billion Company Australian lithium minersGalaxy Resources (ASX:GXY)andOrocobre (ASX:ORE)haveagreed to a merger that would create a $3.1 billion (A$4bn) company, set to be the worlds fifth largest producer of lithium chem...
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11Mar2021 Market Close: Wall Street Closed Up Sharply Following Biden Signature On COVID Bill, DOW Up 189 Points, Nasdaq Up 2.5%, WTI Crude Up 66.09, Bitcoin Higher At 57800

On the heels of Bidens big blowout, the dollar is tumbling...(biggest 3-day slump since the election/vaccines in early Nov)... Source: Bloomberg And bitcoin surged back up near $58,000, erasing the losses from its record highs in mid-Feb... Source: Bloomberg Did Washington just cut the rope from reality? On Thursday Chinas parliament approved a resolution to impose sweeping changes on Hong Kongs electoral system which is ultimately aimed to ensure that mainland loyalists are in firm control o...
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