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Despite Correction, Investors Are Exuberant Despite the recent correction in the markets, leading to a hedge fund imploding, investors remain exuberant. The hopes for more stimulus, government spending, and Fed liquidity displace fears of a correction. Please share this article - Go to very top of page, right hand side, for social media buttons. Before we get into the technical review of the markets, I thought Jason Zweig summed up the current environment well. “This isn’t a bull market or a bear market. It’s a know-nothing market. Bragging rights used to go to those investors who work...

Cardano’s ADA added to Coinbase Pro in time for founder Charles Hoskinson’s ‘Africa Special’ keynote Crypto at a glance It was another flat day for the crypto markets. Bitcoin is still changing hands at around the $55,000 level, while the Ether price has also scarcely moved, seemingly content to drift along at around $1,800. The story is much the same elsewhere too, with smaller caps all relatively stable over the last 24 hours. Not a double digit move in sight – it’s all a bit boring, really. Is a bigger move on the cards soon? The only real shining light yester...

Yes.  We are in a stock market bubble. But what if conventional methods of examining market cycles miss a crucial point? While we often talk about parts of cycles  (bull or bear), exploring the full-market cycle may provide another way to look at long-term bubble cycles. The Speculative Cycle Charles Kindleberger suggested that speculative manias typically commence with a  “displacement,” which excites speculative interest. The displacement may come from either an entirely new investment object (IPO) or increased profitability of established investments. The speculation gets reinfor...

It was another rough night for the Bitcoin price, falling to a low of $53,350 during the Asian session before picking up slightly.

Stimulus passes as Bitcoin marches on Crypto at a glance Bitcoin extended its winning streak yesterday, soaring to more than $56,000 before a pullback last night took it back down to just below the $55,000 level, where it is currently trading. The move came after the US House of Representatives on Wednesday passed a $1.9 trillion coronavirus relief bill that will see many US citizens get a $1,400 cheque in the post – a measure that some speculate will drive up inflation and showcase Bitcoin’s key attributes as a deflationary asset. It could also create an influx of deman...