Trends for Major Indices as of Thursday, February 6th 2020

Bloomberg says Musk’s SpaceX Plans a Spinoff, IPO for Starlink Business. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Up Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Down

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Tesla Update. Two Key Lessons.

I took some profits in my Tesla ($TSLA) position yesterday for the first time in 7 years. Technically, this was my second time taking profits, but the last I rolled my profit into Solar City ($SCTY), which was acquired by Tesla a year later. Tesla Model Y in Red Tesla's share price was up over 50%...

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Trends for Major Indices as of Wednesday, February 5th

MarketWatch says ADP says 291,000 private-sector jobs created in January, largest gain in 4 years. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Up Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Up

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Trends for Major Indices as of Thursday, January 30th, 2020.

CNBC says Fourth-quarter GDP rose only 2.1% and full-year 2019 posts slowest growth in three years at 2.3%. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Down Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Down

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Trends for Major Indices as of Wednesday, January 29th 2020

CNBC says Major US companies are warning about the potential impact of the coronavirus on earnings calls. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Down Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Down

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Trends for Major Indices as of Tuesday, January 28th 2020

CNBC says Consumer confidence jumps as job-market outlook improves. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Down Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Down

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Trends for Major Indices as of Friday, January 27th 2020

SCMP says China halts stock trading in extended Lunar New Year holiday as deadly coronavirus outbreak from Wuhan takes its toll. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P 500 - Long-term: Up - Intermediate: Up - Short-term: Down Russell 2000 - Long-term: Up - Intermediate: Down...

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Trends for Major Indices as of Friday, January 24th 2020

CNBC says American Express earnings beat expectations on strong card fee revenues, shares rise. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P The S&P closed just under the 10 DMA, switching the short-term trend to down. We will see if things retrace to the 50 DMA like the Russell...

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Bitcoin SV Wash Trading

Rick D. at BeInCrypto.com digs into a theory for the recent spikes in the Bitcoin SV price. Is it from a BSV miner mining BCH instead, selling that BCH, then "wash trading" BSV on exchanges which pumps the volume and price. The original Twitter thread by @vinarmani can be found here. > It's...

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Trends for Major Indices as of Thursday, January 23rd 2020

CNBC says Seth Klarman passionately defends value investing and said its time is coming again soon. Nasdaq - Long-term: Up - Intermediate: Up - Short-term: Up S&P - Long-term: Up - Intermediate: Up - Short-term: Up Russell 2000 - Long-term: Up - Intermediate: Up - Short-term: Down Have a happy...

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