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Crypto Picks: Mid August Analysis

[BuckBully, Getty Images] The cryptocurrency market is expected to see some nice gains next week. Historically, August seems to be the peak month in regards to market value on assets. Since 2014, August has the highest average (index) value on the Dow Jones, S&P, NASDAQ and Bitcoin. Average Monthly Value […]

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Chinese-owned companies received millions in PPP loans

[FOX NEWS] At least 125 companies that Chinese entities own or invest in received PPP loans Sen. Kevin Cramer, R-N.D., calls for national energy policy that is consistent with national security and discusses legislation to streamline PPP loan forgiveness for small businesses. Millions of dollars in taxpayer money flowed to […]

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PPP ending with $138B left over. What happens to the money now?

[FOX NEWS] There’s a fear that once PPP money fades, small businesses could see a wave of layoffs Sen. Kevin Cramer, R-N.D., outlines his Paycheck Protection Program bill and how it would help small businesses during coronavirus. A relief program that threw a critical lifeline to small businesses during the coronavirus pandemic is set to expire Saturday with […]

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Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows

[Cointelegraph] Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards. As shown below, historically, BTC saw higher returns on Sunday evenings into early Monday morning. Edwards said: “Bored on Sunday at midnight? It just so happens to […]

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A bullish ‘golden cross’ forms in the Dow industrials

[MarketWatch] The last time a golden cross formed in the Dow was March of 2019 A golden cross formed in the Dow Jones Industrial Average DJIA , more than five months after a bearish chart pattern materialized in the aftermath of the carnage wrought by the COVID-19 pandemic. A golden cross occurs when […]

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Jim Cramer says his Covid-19 stock picks can still lead the market higher

[CNBC] KEY POINTS The stay-at-home plays led the stock market higher Thursday as lawmakers continued to negotiate a new coronavirus response package, Jim Cramer said.The market climbed despite no significant developments coming out of Washington, D.C., nor on the Covid-19 vaccine front, the “Mad Money” host said.“No vaccine news whatsoever […]

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Young investors have flooded into bitcoin during the pandemic, while the older generation can’t get enough of gold, a team of JPMorgan analysts said

[Business Insider, Reuters] Retail investors are split down the middle by generation over their favorite alternative assets, according to a note from JPMorgan this week.Older investors are more inclined towards gold, while millennials are flocking to bitcoin, analysts from the bank said.“The two cohorts show divergence in their preference for ‘alternative’ currencies,” a […]

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