Time for a quick update on Bitcoin. Following last year’s breakout out of its consolidation range following the big correction which ensued as it tagged the $20k level in 2017 Bitcoin’s 2019 […]
Sven Henrich is founder and the lead market strategist for NorthmanTrader. He has been a frequent contributor to CNBC, CNN Business and MarketWatch and is well known for his diligent technical, directional and macro analysis of global equity markets.
He publishes the Daily Market Brief keeping investors and traders abreast of the latest market critical developments and outlook.
Amid all the ferocious market rallying there’s a gap building and nobody seems to notice, and nobody seems to care. I say: Mind the gap. The banking index, much like the rest […]
Now that we have an open admission from the Fed that their balance sheet expansion is exacerbating asset prices and creating excess and imbalances (see Ghosts of 2000) the term bubble can […]
Finally. A glimmer of cognition. An admission. A sense that the Fed knows, but is largely unwilling to admit it. But Dallas Fed president Kaplan let it slip, the truth everybody already […]
Some quick takes here on events of the day: The lunatics are running the asylum and they pretend to be the sane ones. The Fed is not letting up on their liquidity […]
Spoos 50 handles down in overnight, 12 hours later new all time highs. If you called that last night step forward and show me. Nobody of course called this. But these are […]
Time to follow up on a technical set up I had posted publicly on Gold in October. Remember big swings are a journey in patience not a sprint in day trading panic. […]