Fed Hikes, Gold Spikes, EU Says, “Yikes!”

With Brexit talks in the gutter, Merkel in trouble and Poland flexing its muscles on immigration the EU is staring at an apocalyptic 2018. The Federal Reserve to no one's surprise raised rates a quarter point today. The response from the markets was Europe's worst nightmare because not only did the dollar spike but gold … Continue reading Fed Hikes, Gold Spikes, EU Says, “Yikes!”

Chart School – Ethereum: Anatomy of a Long-Term Breakout

I'm going to show you a chart of Ethereum this morning that should make you stand up and take notice. For months Ethereum was dogged by doubts after its massive run-up to $400 earlier in the year. And those doubts are somewhat warranted. Structurally, I have problems with Ethereum, but at the same time, I … Continue reading Chart School – Ethereum: Anatomy of a Long-Term Breakout