The bitcoin crash

All eyes have been on Bitcoin BTC and other crypto currencies recently. After reaching a peak near $20000 BTC is now down to $8000. So what’s next? Here is what I wrote about bitcoin last August: A sustained breakout above $4000 that quickly heads for $5000+ would start a parabolic move like in 2013. And… Continue reading The bitcoin crash

Why is the stock market so depressed?

Why is the market so depressed? That may sound like a funny question, because more than a few observers want us to believe that stock investors are becoming euphoric after 5 years of ongoing bull market. But is that so? Where are the signs of retail investors becoming euphoric? Or is it conjecture based on… Continue reading Why is the stock market so depressed?