Is Bitcoin a currency? Is Bitcoin simply an asset? Who will ultimately be right about Bitcoin? Kevin O’Leary, from the TV show Shark Tank and also Chairman of O Shares ETF’s recently commented about Bitcoin, and the trouble he ran into when trying to pay for something with Bitcoin. That is, using bitcoin as currency:… [Read More] A Bit More About Bitcoin…
With most charts, your eyes scan from left to right. But not this one. Look all the way to the left to see the mania we call today “Bitcoin” Chart originally appeared in the Wall Street Journal, November 29, 2017 in the article titled “Bitcoin Mania: Even Grandma Wants In On The Action”
On Thursday, November 9, 2017, I had the pleasure of being asked to address the attendees of the Dorsey Wright Point and Figure Institute. I spent the approximate length of a TED talk (17 minutes) talking about tools. Specifically, I addressed how we use the tools provided by our good friends at Dorsey Wright (now… [Read More] My presentation at the 2017 Dorsey Wright Conference
Thirty years ago on this day, the Dow Jones plunged by 22.6% in a single trading session. 508 points. As a young broker at the time, I was there and took panicking phone calls. But now, thirty years after the event, I’d like to share a few points: I’m still here. And so are you.… [Read More] 1987 and Perspectives About Your Investment Lifespan
Yesterday, Tom published a new blog post about the current state of the market, and if we’re due for a market correction. Many industry professionals have been calling for some sort of pullback for a while now, and Tom talks about whether or not it’s finally time. To read the full article, check out the… [Read More] Tim’s Top Links – 10/10/17
A client wrote in and asked, “Do you think the market is due for a correction?” Here was my reply: Short answer: Are we due for a correction? Probably. Longer answer: Let’s start with defining the term “correction.” A correction is usually a 5-10% pull-back in the market. And, as I’ve written lots and lots… [Read More] Time for a Correction in the Market?