BofA’s Bull Bear Indicator Close to Another Powerful Sell Signal
On January 26, 2017, with the S&P at an all-time-high, Bank of America made an unsettling announcement: a powerful sell signal, based on its quant-developed Bull Bear Indicator, was triggered. What makes this indicator something of interest is its track record;...
True Money Supply Flashes Red, Signals Looming Recession?
Money Supply is “the entire stock of currency and other liquid instruments circulating in a country’s economy as of a particular time” (as defined by Investopedia). This includes cash, coins, savings and checking accounts, etc. Basically, it’s a nation’s entire...
Litecoin Booms in February But ‘Golden’ Crypto Takes Price Podium
Authored by Omkar Godbole via Coindesk Dismal? Not quite, but the crypto markets had a rough ride in February. What began with a sell-off in bitcoin, one that pushed the total market capitalization of all cryptocurrencies to a 10-week low of $276 billion, has...
Futurist: “Cryptocurrency Will Replace National Currencies By 2030”
Authored by Paul Schrodt via Money The cryptocurrency market, which trades various digital-based coins, can look exciting, scary, and mysterious all at once to the casual observer. Its pioneer, Bitcoin, dramatically surged in value and steeply dropped (before picking...
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