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Daily Analysis: Clouds Gather Over Stocks as Bitcoin Correction Begins

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Daily Analysis: Clouds Gather Over Stocks as Bitcoin Correction Begins

Introduction

This article was posted on Friday, 15:34, UTC.

Friday Market Recap Asset Current Value Daily Change S&P 500 2412 -0.05% DAX 12579 -0.51% WTI Crude Oil 48.95 -0.17% GOLD 1268.00 0.88% Bitcoin 2427 -10.43% EUR/USD 1.1170 -0.37% The major US stock indices continued to creep higher near their all-time highs yesterday. Investors could be puzzled, as the rally is only led by the usual suspects, the behemoths like Google and Facebook, while the majority of stocks is still missing the party. European and Asian markets are in the red today, as the decline in oil after the OPEC-meeting caused a sell-off in risk assets. Volatility remains low before…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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