Financial Survival Network, Released on 6/9/21 1. Meme stocks retreat. Many of the leading meme runners are stalling out this morning and are beginning to pull back. Yesterday’s big winner was Clover Health Investments Corp (CLOV). Today, this gapped up to $28.85 a share and has rolled over and trades just above $22.00 now. Wendys […]
Financial Survival Network, Released on 6/8/21 1. Bitcoin is testing the 200-day moving average again. The popular crypto currency is testing its important 200-day moving average again. A weekly close below this key level is very negative and will likely signal a further decline. The may 19, 2021 low at 30,205 is also a critical […]
MiningStockEducation.com, Released on 6/2/21 0:00 Introduction 0:22 Trading commodities amidst inflation 4:27 Are the bag-holders always retail investors? 6:15 Small-cap stock short squeezes 8:38 Trading gold & gold stocks 9:23 Oil 10:05 Trading black swan events 10:46 Watching where politicians invest 12:00 Impact of increased U.S. taxes on the markets 13:55 USD 14:31 “Sell in […]
Financial Survival Network, Released on 5/21/21 1. Options expiration for May is today. The trading week has been a rollercoaster ride but it looks like we will have a flat week when it is all said and done. Next week is when we can get back to business as this options expiration game playing is […]
Financial Survival Network, Released on 5/19/21 1. As the markets fall today it is Bitcoin and the crypto currency story that is front and center. Bitcoin traded down to 30,205. Believe it or not, this level is the daily chart 200-day moving average. If this level fails to hold as support then Bitcoin is headed […]
Financial Survival Network, Released on 5/18/21 1. It’s a mixed session out here today. The Russell 2000 index (IWM) which represents small cap stocks in the United States is trading higher along with the tech heavy NASDAQ Composite. On the flip side, the Dow Jones Industrial Average (DIA) and the S&P 500 Index (SPY) are […]
Financial Survival Network, Released on 5/14/21 1. Markets bounced yesterday gaining a bit back from Wednesday’s bloodbath decline. Today is a Friday so we always give the markets an upside bias on Friday. After the decline we saw earlier this week I would have to think that the central bankers do not want a sharp […]
Financial Survival Network, Released on 5/10/21 1. Today is a much more subdued trading session after yesterday’s wild action. yesterday, the market came roaring back into the closing bell. The Dow Jones Industrial Average (DJIA) actually finished positive by the close. Today, we are back to a much lighter volume session, so it will be […]
