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Daily Market Commentary

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Bitcoin and $BITO Mania Grip the Stock Market

By RIA Team, Oct 20, 2021

$BITO, the first Bitcoin ETF was issued Tuesday morning. The ETF provides retail investors their...

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China Slows As The S&P 500 Goes Into Rally Mode

By RIA Team, Oct 19, 2021

Despite China’s economic growth coming to a standstill, with only 0.2% growth in Q3, the...

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S&P 500 Retakes 50-dma As Bulls Swoop In

By RIA Team, Oct 18, 2021

The S&P 500 finished the week above its 50-dma after bulls sparked a mid-week rally that...

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Bulls Charge As Earnings Season Gets Underway

By RIA Team, Oct 15, 2021

Yesterday, the “Bulls” gained control of the ball from the “Bears” as...

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The Fed’s FOMC Minutes Suggests Taper Will Start In November

By RIA Team, Oct 14, 2021

The Fed’s FOMC minutes from the September meeting suggest the Fed will taper its asset...

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Inflation Is On Today’s Docket As Fed Gears For Taper

By RIA Team, Oct 13, 2021

Today we will get the latest reading on inflation as the Fed tapering QE in November seems to be a...

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Market Sell-Off Sets Up Critical Test Of Support

By RIA Team, Oct 12, 2021

The market’s sell-off yesterday sets up a critical test of support at the 100-dma. Last week,...

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Market Futures Sink As Oil Breaks Above $80

By RIA Team, Oct 11, 2021

This morning market futures are pointing lower as oil breaks above $80 and bond yields rise....

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The Bulls Have The Ball And Are Running For The 50-dma

By RIA Team, Oct 8, 2021

After Wednesday’s impressive rebound the bulls are regaining confidence and attempted a run...

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Futures Higher On Short-Term Debt Ceiling Resolution

By RIA Team, Oct 7, 2021

Futures are rising again this morning after a short-term resolution to the debt-ceiling got offered...