The Taylor Report (11/2/21)
The fed still thinks (for public consumption ) that inflation is transitory and is hoping (praying) they won't need to raise interest rates. They will be forced to at some point.
The Taylor Report (10/26/21)
Finally, a BITCOIN ETF (actually two....so far) has launched..........ProShares and Valkyrie have each been approved to offer a BITCOIN strategy ETF......BUT using CME BITCOIN futures (they settle in cash).
The Taylor Report (10/19/21)
BITCOIN jumps up almost 10% (week on week) as SEC approves first BITCOIN (futures) ETF........BTC just under all time highs.........ETH in shadow of BTC still moves quietly up 8% (week on week)
The Taylor Report (10/12/21)
U.S default was averted.....for now......as "can" got got kicked down the road to December.......Halloween is coming and ......BITCOIN is in the midst of a year end rush to new BIG highs......BITCOIN popped up over 13%.
The Taylor Report (10/5/21)
Remember China was the big "new news" last week?.....not this week, all gone (or in remission).....with China's news banning cryptos out of the way, BITCOIN and ETH have a monster week.
The Taylor Report (9/28/21)
China is a mess........big firms in the property sector defaulting on bonds, now a power shortage, cracking down (again) on crypto. I really wish china would go back to making artificial Christmas trees and cat toys and stop trying to dominate the world's financial system.
The Taylor Report (9/21/21)
CHINA.....Evergrande.....fear of contagion.....enough "new for you?".....looks like China is undergoing a total new direction.....socialism is the new "in"......good/bad?......in the meantime, selling everything is in vogue.
The Taylor Report (9/14/21)
Trading Summary Notes for Tuesday, 9/14/21: Oh, just your every so often "flash crash" in BITCOIN, ETH and the crypto sector (again? Yawn).....BITCOIN dropped to the low $40K area.
The Taylor Report (9/7/21)
Today.....Sept. 7th.....marks a historic milestone. Latin American country El Salvador has made BITCOIN legal tender.....its really BIG.....Delta variant of COVID taking its toll on economic growth.....BITCOIN trades up to $52K anticipating El Salvador's announcement.
The Taylor Report (8/31/21)
What's new? Last day of August.....summer is days away from being over.....that's it.....zero.....BITCOIN drifting around but not going up....not going down.....ETH catching a bit of a wave moving up a little.