Despite a pretty choppy ride, all 3 major markets ended the month and week in the green. Still sitting close to record highs though, which has investors looking for any reason to sell and take profit. Can't say for certain that there will not be a pullback later in the year but right now investors seem content with sitting on cash and not partaking in massive sell offs.

Bitcoin staging a really nice looking rally, started the morning at 38k and as of now is sitting above 41k. Next major point of resistance is roughly 45k, so if we can keep the momentum going into the weekend we could see a really nice move up for bitcoin and the crypto market as a whole.

Big slide down continued into pre market trading, however markets opened trying to bounce. About 30 minutes in though we are seeing a pullback, so it could really go either way, although investors tend to sell and take profit at the end of the week so it may end as a down day.

Nice trades made on MAXR and FCX today. Looking like we will end the week in the green.

Speaking of green, barring any crazy turn of events today all 3 indexes should finish green for the month, helped along by strong earnings, optimism for a recovering economy, and of course the large amount of cash in investors pockets allowing them to buy often..

Bitcoin holding around 39k, as long as we don't see a slide over the weekend then we should be ok and head into next week with a little bit of momentum.

All 3 indexes end in the green today, however there seems to be a pretty sharp dip forming in post market trading. We will look to see how much of that can get bought back up in pre market tomorrow before the open before we can determine which way we will go to end the week.

New proposal is now in the works to have more federal oversight on crypto exchanges and businesses being required to report crypto transactions over 10k (misstated in podcast about the 10k rule, this is what it actually is). This could be a good sign long term for crypto as it is finally being recognized and adopted as an asset class.

Amazon earnings beat estimates, however sales revenue was lower than expected causing it to take a sharp dip into after hours (likely contributing to QQQ dip). Continues to prove our point that consumers and products are more important to investors than earnings when pricing the value of a stock.

DE worked out and as expected took most of the day, however SCCO could have been about 2R as well but trading plan was broken and we ended up at break even for that one. Learn from my mistakes, stick to your trading plan to give yourself a better chance at making money!!

Markets start the day in the green with a slight pullback, good sign that we will continue green momentum today. However the SPY/DOW are pretty close to record highs again so potential for a consolidation if we get to that point.

DE and SCCO were trades taken today on a buy setup and breakout, so far in the green, not looking to take a ton more while they are open in case market does turn the other way.

Bitcoin holding steady around 40k, great sign of strength that it is holding onto its gains and a potential breakout could be seen if it gets above 41k.

Markets continue to show that user/product base is more highly valued than above expected earnings. 

Q's finished the day up, Spy had a very close break even day, however finished in the red and the DOW also finishes down about .36%.

Huge volume spike right at the time that the FOMC and Jerome Powell started talking, showing that investors really take into account what is said from them. Buy/sell volume was split right down the middle though meaning that investors are torn on which way to go, will be an interesting rest of the week to say the least.

Bitcoin hovering above 40k for most of the day which is a good sign of strength, looking for a move above 42k now to really get things moving for the crypto market.

Markets start pretty tame today, so far Q's only index in green but not a lot of major movement.

FOMC and Jerome Powell both delivering statements at 2 ET after concluding their 2 day meeting on monetary policy. There is bound to be some reaction in the market as investors generally put a lot of weight into what those 2 entities say. Be careful if you are still holding intra day trades around that time.

Bitcoin having a nice chance at what looks to be a potential rally, broke above 40k to almost 41, and has pulled back to 39.7k. A pullback after making a move up is not out of the ordinary, what we would like to see now is after that pullback putting in a newer high above 41k.

Markets close down, with the Q's and tech leading the way in losses, largely due to China announcing sweeping regulations over tons of industries located there, which of course are powered in part by tech and tech companies. Could be looking at a continued slide tomorrow based on where the chart for the QQQ and SPY are resting as of now.

Bitcoin holding strong at 38.2k, great sign despite all the China FUD as they are intertwined with bitcoin miners and production. Having said that, I would not be surprised if we take a little slide down again as people sell and take profit on bitcoin after a really tough past few months for crypto.

After a tame day yesterday, markets start the day selling off a bit. We will need about 30-60 minutes to see which direction the market decides to go in today.

Lots of big names coming out with earnings this week, especially in the tech sector, some of which include Apple, Microsoft, Google, Facebook, and Amazon amongst others. Investors are likely anticipating earnings that surpass expectations.

Asian stocks getting hammered as China continues to crack down on multiple sectors. Could be temporary FUD but hard to say for certain without knowing the full extent of the regulations that will be brought down.

Bitcoin seems to be rallying! In the past couple days it peeked above 40k and has since spent quite a bit of time consolidating around 38-39k. We still need to see a significant move above 40k for a real sign of strength but this is a great move in the right direction.

Not a lot of direction today so far from the market, however the Q's seem to be heading in a green direction, time will tell...

Bitcoin holding nicely around 32.2k, keeping its little bit of momentum going into the day.

Not very keen on taking many trades today, in the green for the week and will be gone tomorrow so sometimes it is a good idea to protect profit when you are ahead!

(Sorry for the noise from dog chewing a bone in the background...)

Another day in the green to make it 2 in a row, with 8/11 S&P sectors finishing in the green with pretty substantial gains. SPY/QQQ/DOW all finish up with nice gains of .81%, .77%, and .84% respectively.

Institutions and large cap companies are collectively sitting on around $2T in cash which is likely going to be used to boost the market in the way of stock buy backs and dividend boosts. Good sign for some bullish momentum in the near future.

Bitcoin has a nice rally over the past 12 hours and it is now sitting at $31.5k, great to see considering we anticipated a pretty sharp slide when it dropped below the $30k support area.

JPM, RKT, DAL, and TRGP were all good moves today finishing up in the green, however since we traded a little earlier in the morning we were only able to cash in pretty nicely on TRGP, JPM and RKT stopped us out (did not see a good enough entry for us on DAL).