ES filling in volume profile between POC and Median. Will need my no-doz pills. NQ testing yesterday's high from above while the small caps do the same from below so that counts as consensus doesn't it?
I remember when Nippon Telephone was worth more than the entire US S&P 500. The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.
Apparently the normal rules for market makers don't apply to the cryptos so the world's largest holder can also be the major market maker. Talk about temptation on a silver platter.
Not trying to be a Luddite but there are just a lot of problems with these things that haven't been resolved.
Al_Dente wrote:NY advancing stocks = 1.53 x declining stocks
NY advancing volume = 1.48 x declining volume
Bulls better get going if they want to hold onto this triple-digit up day
Expect chop at this point in the AD
NY advancing stocks = 1.8 x declining stocks
NY advancing volume = 1.8 x declining volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Who didn't see this coming- Senator Cory Gardner (R Colorado) has told Attorney General Sessions he will block all DOJ nominations unless Sessions backs down on weed.
Trades with cats wrote:I remember when Nippon Telephone was worth more than the entire US S&P 500. The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.
Apparently the normal rules for market makers don't apply to the cryptos so the world's largest holder can also be the major market maker. Talk about temptation on a silver platter.
Not trying to be a Luddite but there are just a lot of problems with these things that haven't been resolved.
I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.
... there are just a lot of problems with these things that haven't been resolved.
I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.
Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...
At 1:04 p.m. in New York, trading in S&P 500 stocks was 24 percent above the 30-day average at this time of day. Since 2008, daily transactions over the first five sessions of a year increased about 9 percent on average from the previous month,
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.
... there are just a lot of problems with these things that haven't been resolved.
I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.
Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...
That is the problem on top of waiting for days to get confirmation. 2 way verification of your identity before they transfer the money to your bank account. Bitsamps or some other exchanges are already asking your personal information at the time of registration and that with the policy of reporting your transactions to the Income tax dept of USA!
Trades with cats wrote:... The trick is turning that "paper wealth" into cash! Yet another reason why these crypto's look more like penny stocks or dot.com bubble stocks at this time.
... there are just a lot of problems with these things that haven't been resolved.
I have many friends with the Crypto holding but yet to find single one who has cashed and bought a Ferrari! LOL
A friend was telling about his relative who had mined for years and was holding some 50,000+ bitcoin. Starting around November they began working to sell them off.
Turns out that they had to hustle to unload them - 1, 2, 3 at a time. Took ages to clear transactions and actually get real money extracted, per bitcoin. My understanding is that at year end they were still chipping away at their bitcoin pile...
50K btc and still chipping away? a nice problem to have - he must be on that list: