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U.S. stocks were higher after the close on Friday, as gains in the Oil & Gas, Basic Materials and Industrials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.66% to hit a new all time high, while the S&P 500 index climbed 0.74%, and the NASDAQ Composite index gained 0.88%. Please share this article - Go to very top of page, right hand side, for social media buttons. The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 3.24% or 4.32 points to trade at 137.81 at the close. Meanwhile, Boeing Co (NYSE:...

Bitcoin (BTC/USD) Bull Flag, Ethereum (ETH/USD) Bumps Back Above 2k 2021-04-08 18:30:00 James Stanley, Senior Strategist Bitcoin, BTC/USD, Ethereum, ETH/USD Talking Points: Crypto appears relatively calm at the moment, as both Bitcoin and Ethereum hold on to bullish breakout potential with varying degrees of near-term strength. Bitcoin has continued to soften under the 60k psychological level after last week’s failed breakout test. Ethereum, on the other hand, appears a touch more bullish as prices have bounced from a prio...

Yeah that happened... Source: Bloomberg Small Caps are up a stunning 12% from last Friday's PPT rescue lows and while big-tech underperformed, everything was up this week in stock land on the back of a massive short squeeze ("most shorted" stocks are up 19% from Friday's lows... It seemed like only yesterday we were writing about how the film industry was mired in deep delays due to Covid. We wrote extensively about how studios were considering abandoning the box office altogether, how award shows would be thin or non-existent during 2020 and how filming of many projects was being pushed back...