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Morning Coffee: Earning season is upon us, Bitcoin showing life

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Stocks and Securities

U.S stocks finished essentially unchanged at the end of Friday’s session as investors were able to look beyond comments from President Donald Trump. In a CNBC interview, President Donald Trump stated that he is ready to place $500B USD worth of tariffs on Chinese goods, which is essentially equal to the good shipped from US to China in 2017 in its entirety. It was later – in a tweet – the President doubled down on his criticism of the Fed by stating that the rate hikes can potentially hurt what him and his administration have been able to accomplish. He reiterated his concerns surrounding the strengthening dollar.

U.S. Stock futures are range bound this morning as investors get ready for three weeks of earnings ahead. This comes despite the war of words between President Donald Trump and Iran’s President Rouhani. Iran’s President cautioned Trump about pursuing hostile policies towards Iran, stating that a war against Iran would be the mother of all wars – he did not however rule the possibility of peace between the two sides. In his typical manner, Trump tweeted out the following response.

Dow Industrial AverageS&P 500Nasdaq 100Russell 2000













Blockchain and Cryptocurrency

Bitcoin (BTC) and Ethereum (ETH) both had a quiet weekend until just last night where we saw a spike in price of Bitcoin (BTC). Bitcoin (BTC) up about 3.4{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15}, while Ethereum (ETH) down up about 0.11{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15} . Market capitalization increased from $284B USD to $287B USD which is a 1{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15} increase in just 24 hours. This 24 hour volume of $13.4B is down significantly from Friday’s’ $16B. BTC dominance of 45.9{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15} is 2{d745bfe1f0a8cfaf7934723e820c1a1fdf298af2e9634a8abb073c3029806a15} higher compared to Fridays close.

Bitcoin price - BTC/USD chartEthereum (ETH) chart - ETH/USD







Read our recent post consisting of Technical Analysis for Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCC), Cardano (ADA), Stellar (XLM), Digibyte (DGB), NEO (NEO), EOS (EOS), and Nucleus.Vision (NCASH).

There has been a lot development in the past 24hours, containing both a positive and negative narrative. But, we wouldn’t expect anything less from the cryptocurrency market.


Stocks on the Radar

If you have not have the chance to look at our new segment – ETF ALPHA – please take the time to do so. There we have highlighted potential trades from 16 different ETFs. There are some great ETFs to buy in this week’s post. If you are unsure about the benefits of trading ETFs then please read our post here.

Below is our today’s list of cryptocurrency and stocks to buy or to invest in:

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Dr. Tiam Feridooni

Written by: Dr. Tiam Feridooni MD, PhD, BSc Dr. Feridooni, graduated from Dalhousie Medical School in May, 2018. Prior to enrolling in medical school, he completed his Bachelor of Science with Honours in 2010 in Biochemistry. He then obtained his PhD at Dalhousie University in Pharmacology in 2014, with a focus around regenerative medicine and stem cell transplantation. Dr. Feridooni has been published numerous high impact journals and has also co-authored a few books.

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