Sunday, August 22, 2021

Stock Market Update: August 20, 2021 - Bad News Week

This past week was a downer, it just seemed the bad news wouldn't stop. Delta variants, Afghanistan pull out blunder, and tropical storm Henri! Maybe it's just me, but I am getting tired.

Tropical Storm Henri


COVID Cases


From a stage analysis point of view, things appear to be okay. Some of the indexes are flirting with their 30 week moving average lines, but are still above the line.

 


Interesting bitcoin news:

https://news.bitcoin.com/jpmorgan-wells-fargo-launching-bitcoin-funds-sec-filings/ 

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