Two months ago, I reviewed the disastrous performance of the top 100 cryptocurrencies from Dec 31, 2017 through December 31, 2018. Had you invested equally in each of the top 100 cryptos, you would have been down by about 85% one year later. No crypto coin price increased in our study of 2018. Last month…
Cryptoassets have had a flat three months (nearly 100 days) compared with their normal behavior but that’s a good sign and most of the major cryptoassets are up at least 20% from mid-December. That’s easy to see just looking at a long term chart of Bloomberg’s Galaxy Crypto Index. So, at this point I’m recommending…
On the morning of Monday March 4, the S&P 500 Index traded at the highest level it has seen since October of last year. This 4 ½ month high was short-lived, however, as the market proceeded to trade down for the rest of the week. Readers of these tips in Tharp’s Inbox Coaching were ready…
PART 1 Think about what Sir John Templeton did in 1999 at the heart of the dot.com stock bubble. He took his entire personal fortune and shorted various dot.com stocks. At the time, that behavior might have sounded insane. After all, those stocks could move 10% each day in that period … and usually the…
There are numerous ETFs that track everything from countries, commodities, currencies and stock market indices to individual market sectors. ETFs provide a wonderfully easy way to discover what’s happening in the world markets. I apply a version of my System Quality Number® (SQN®) score to measure the relative performance of numerous markets in a world…
I always say that people do not trade the markets; they trade their beliefs about the markets. In that same way, I’d like to point out that these updates reflect my beliefs. I find the market update information useful for my trading, so I do the work each month and am happy to share that…
In my last article, we looked at one of my favorite ways to track market health — the cumulative breadth of the New York Stock Exchange. The bottom line of that article: the market’s rapid rise from the Christmas Eve lows has been supported by broad participation — lots of stocks have been helping to…
In the early 1990s, I did about 10 workshops with Jack Schwager’s New Market Wizards interviewee Tom Basso. In each of those workshops, Tom said, “I’m a businessman first and a trader second.” One of the major mistakes that most traders make is that they do not have that same business attitude. You need to…
Cryptoasset Update: What Happened to the Top 100 in Market Cap on Dec 31st 2016 During 2017 by Van K. Tharp, Ph.D. Last month I reviewed the disastrous performance of the top 100 cryptocurrencies from Dec 31, 2017 through December 31, 2018. Had you invested equally in each of the top 100 cryptos, you would have…
February 15th Update on Cryptoassets by RJ Hixson This month’s cryptoasset update will be abbreviated for two primary reasons: Van is travelling and we are in the middle of two back to back workshops in the office here. Market Summary Cryptoassets are clearly still in a bear market. That’s easy to see just looking at…
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Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
