Market Update: Government Shutdown

Indicators remain positive, bitcoin gets volatile and the federal government is in shutdown mode. Futures for the day are down but the CNN Fear and Greed calculator is screaming Extreme Greed. We'll see how this plays out.



 

End of 2017: Market's Up

2017 was a good year and in keeping with the theory of good market returns for a first year president. Not too shabby! By all indicators, we are still in a stage 2 rally.

Returns for the year:

• SPY 19.81%
• DVY 11.96%
• QQQ 31.84%
• BTC (BitCoin) 1629%

 CNN has a a nice article on 1st year president performance.
  
In the science realm, Rush University Medical Center published a great article about the benefits of daily eating of leafy greens! One of the ways leafy greens help us is by feeding your good gut bacteria. Power up Pop-Eye. 

This green goddess recipe from Thug Kitchen is amazing. Use it on a big pile of greens and enjoy.

 
 

Weekly Market Update: Positive Territory

The market is still showing strength. Looks like 2017 should end up being a good year.

Interesting news:

• CBOE opened futures trading for bitcoin this weekend. There were a couple of hiccups with the website but the price of bitcoin is doing just fine.
• As of this morning, bitcoin is at the 16,879 level.

Weekly Stock Market Update: Continued Uptrend

All the indicators are back in the green, save the dividend ratio on the Dow which is probably no longer going to work in today's environment.

Interesting news and articles:

• Holy Cats Batman! Bitcoin is now at $12,000
• Rotation out of FANG into Banks could signal a change
• Is complacency a warning sign the market is headed for a correction?
• Olive oil is really good for you! Make sure you get real olive oil! My favorite is California Olive Ranch.

Weekly Market Update: Still in an uptrend

Stocks were down for the week, however, the major indexes are still above their 30 week moving average.


Of interest this week: 

• Tesla revealed a new electric semi-truck. 
• BitCoin is at the $8,000 mark. 
• Market Sentiment is blah. 
• Mushrooms are full of antioxidants - eat 5 a day! or you can try drinking them!

Weekly Stock Market Update: A Wee Bit of Clouds

This week 2 of the indicators flickered into red territory: the Dow and the NYSE both finished down for the week. The NYSE 52 week high/low differential has been negative for the last 5 weeks, albeit not by much. The NYSE advance-decline has been down the last 3 weeks. All other indicators are still in the green.

This week's tidbits:

• CNN's Fear and Greed indicator moved into neutral for the first time a long while. 
• The BitCoin hardfork is canceled apparently due to controversy. For more read the bitcoin.com story.
• Powell named the new Fed Chief.

Stock Market Update: Sunny

The market continues to rise. It has been so steady it's boring.

Some stories I found interesting this week:

• MarketWatch - Undervalued Stocks
• Bloomberg - Bitcoin takes over gold in search terms
• Investopedia - SalesForce and Google join up - getting bigger and bigger