While Dow Surges, This Key Metric Reveals Professional Investors are Calling the US Stock Market’s Bluff

The Dow and wider US stock market raced higher on Wednesday, adding to Tuesday’s mammoth 372 point gain. Dow Builds on 372 Point Rally Traders are excited that efforts are underway to avoid the government shutdown. While that was good news, investors were particularly enamored with news over China tariff negotiations. This was based on some optimistic words from President Donald Trump. The S&P 500 closed above its 200-day moving average, which it hadn’t seen since Dec. 3, and analysts such as Fundstrat’s Tom Lee said that this was a bullish flag for the stock market’s performance in 2019. MACRO: pretty

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Why Amazon is on the Verge of Absolutely Upending These 4 Markets Worth $220 Billion

There be no shelter from Amazon. The retail titan is rapidly expanding in so many directions that its front lines of competition are everywhere. Amazon is currently sending shockwaves through four different markets totaling $ 220 billion in value. Two of them are underway, one is a threat, and one is an opportunity. The fourth is a literal game-changing move, given that Amazon is making bold advancements in video games. Jeff Bezos Tabloid Drama is a Distraction Over at The Washington Post, Elizabeth Dwoskin asks: Does Jeff Bezos’ behavior put Amazon at risk? She says: “Jeffrey P. Bezos’s alleged explicit selfies

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Crypto Markets Flying: Litecoin up 30%, Bitcoin Surges 8%, Ethereum 12%, What’s Pushing it?

The crypto market has added more than $ 10 billion in the past several hours as all major crypto assets including Bitcoin, Litecoin, and Ethereum jumped by massive margins. Bitcoin, which struggled to demonstrate any major movement in the past two weeks, surged by well over 8 percent, recovering to the high $ 3,000 region. Litecoin, which CCN reported rose 10 percent overnight, increased by an additional 20 percent, adding more than half a billion dollars to its valuation. What’s Causing the Corrective Rally? On February 8, following a long period of stability and a lack of volatility in a tight price range, traders

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Exclusive: Markets Will Take Time to Digest 2018 ‘Crypto Meltdown’, Says Former Morgan Stanley MD

By CCN.com: Patrick Springer spent 20 years working for Morgan Stanley as an investment specialist. Specifically, his job was to help institutional investors make informed decisions in global equity markets. Now, despite the bitcoin market meltdown, he’s flung himself headlong into crypto becoming an advisor for Polybird Exchange. Why? Because “it’s important for people to challenge

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Dow Futures, Bitcoin Price Recover as Markets Claw Back Early-Week Losses

By CCN.com: The US stock market appears to be having second thoughts about yesterday’s colossal sell-off, as Dow Jones futures are implying triple-digit gains at the opening bell. The cryptocurrency market is also trending up, with some analysts arguing that the bitcoin price has found a bottom. Dow Futures Rise as Much as 200 Points

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