The covid-19 pandemic hit the US with full force one year ago. Our country was unprepared. Those who were in charge of US response failed dramatically in their jobs, and the same is true throughout most of the Western world. There is a wonderful account on Twitter called “Covid One Year Ago” (@YearCovid). It retweets Read More
From the Trading Desk: February Recap
To recap my previous post, Bitcoin hit a new all-time high price last weekend of over $58,000, however, it has fallen below $50,000 or more than 13% so far this week. The largest Bitcoin fund, Grayscale Bitcoin Trust (GBTC) has suffered more than the currency itself, losing over 20%. The fund closed below the value Read More
View from Crystal Bay: What’s Old is New & What’s New is Old
Investors aren’t limited to only investing in the S&P 500 and the Dow Jones Industrial Average. Every week we share the market trends we are following. We are interested in whether the trends in those markets are continuing or if they are experiencing a temporary or complete reversal. When we identify trends, we are only Read More
From the Trading Desk: Market Recap GME, BTC, and Commodities
To recap my previous post, Reddit’s Wallstreetbets (WSB) Gamestop (GME) excitement ended a few days later with hedge funds losing billions and retail investors showing they are the new force in the game. This is being called the democratization of markets where now retail investors can have a much greater impact. GameStop Corp (GME) YTD Read More
View from Crystal Bay: Are Crypto Exchanges Taking Over?
Investors aren’t limited to only investing in the S&P 500 and the Dow Jones Industrial Average. Every week we share the market trends we are following. We are interested in whether the trends in those markets are continuing or if they are experiencing a temporary or complete reversal. When we identify trends, we are only Read More