Vacillation And Vaseline

Yesterday’s sharp and unexpected sell-off in equities has, as required by federal statute, largely reversed. Hopefully in a week when earnings season kicks in full-blast, we’ll get some more fundamentally-based direction that sticks as opposed to all this zany “will the government shut down” nonsense. In any case, it’s a bizarre funhouse ride so far:

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estw

More consistent is the world of cryptos, which has had a steady direction: down: I took this snapshot only moments ago, but as I glance at my screen now, Bitcoin is quite cleanly below the psychologically-important $10,000 level, as opposed to just tapping it here.

(Click on image to enlarge)

xbtd

Gosh, it was just a couple of months ago when we were inundated with this kind of stuff, wasn’t it?

forty

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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