A Look At The Charts Of Boeing, Apple, Amazon, and Microsoft
Allison Ostrander, Director of Risk Tolerance at Simpler Trading joins me to share her thoughts on a few select stocks. We start with Boeing that has been in the news a lot recently due to the issues with the 747 Max 8 airplane. The stock has taken a hit but recently bounced right off resistance. W then move in to the tech sector which also has been moving higher since late last year. Microsoft is back to all time highs but the other high fliers are still a little ways off.
Click here to visit The Simpler Trading website to follow along with Allison and her trades.
CBOE to Stop Listing Bitcoin Futures as Interest in Crypto Trading Cools
Kate Rooney – 18 March 2019
– The first U.S. exchange to introduce bitcoin futures will stop listing that product.
– Cboe Global Markets says it “does not currently intend” to list any additional bitcoin futures for trading but not fully close the door on crypto.
– It’s still “assessing” its approach for how it plans to continue.
– Retail interest in cryptocurrency trading has largely dried up since the 2017 mania.
Ironically the futures market introduction is what caused the Bitcoin bubble to top and pop, and in came the shorters…..
I do wonder if they ease up on the futures trading if the bubble won’t re-inflate again?
https://www.telegraph.co.uk/politics/2019/03/19/donald-trump-junior-says-theresa-may-should-have-taken-his-fathers-brexit-advice/
Legally, at this current point of time, UK will leave the EU on March 29 with a “no deal”.
(assuming I understand British Law.)
I am hearing rumors of significant scrambling going on by UK civil service to set up continuing trade deals after Mar 29. i.e. It appears that May will not succeed in getting further delays. (A further delay can only be achieved by Parliamentary vote against current legislation, which may not be possible.)