Garrett Baldwin picks out an energy stock with huge upside potential and gives an overview of market momentum.
CBOE Global Markets Inc
Bitcoin Futures Trading Will Send Prices to $50,000 in 2018
Bitcoin futures trading, which just launched this month, will play a key role in driving Bitcoin as high as $50,000 in 2018.
Two major exchanges, CME and CBOE, are now trading Bitcoin futures. Since CBOE first announced its plans back in August, Bitcoin is up more than fivefold.
But the impact of Bitcoin futures trading has only just begun.
It has prepared the way for a much more powerful catalyst, expected to go live in 2018...
The Dow Jones Industrial Average Today Will Climb Higher After a Positive November Jobs Report
Start the conversation
Or to contact Money Morning Customer Service, click here.
The Dow Jones Industrial Average looks like it will climb today on growing hourly wages and no increase in unemployment reported in November's job report.
Dow futures are up 55 points this morning thanks to positive numbers from the U.S. Department of Labor's November jobs report. The unemployment rate remained unchanged and wages increased compared to October.
Why the Winklevoss Bitcoin ETF Suddenly Is Looking Better to the SEC
The SEC is much more likely to approve the Winklevoss Bitcoin ETF than it was as recently as a month ago.
When the SEC rejected the Winklevoss Bitcoin Trust in March, its biggest issue was with the unregulated Bitcoin markets – but new developments have changed that picture.
In fact, the climate is now so favorable that a big ETF name, VanEck, just submitted its own Bitcoin ETF proposal to the SEC.
Here's what changed - and how a wave of new ETFs will affect the Bitcoin price...
Dow Jones News Today: Stocks Slide as Earnings Season Accelerates
Start the conversation
Or to contact Money Morning Customer Service, click here.
The Dow Jones news today is dominated by a busy schedule of earnings reports and the latest geopolitical battles fought by President Donald Trump and his team.
But Dow futures are trending down ahead of today's open.
Start the conversation