US Capital Markets Review 2/23/18
This week saw the major indices posting slight gains, as the shortened trading week saw less volatility overall compared to the last few weeks. The NASDAQ was the big winner again, posting a gain of 1.35% and put the index at 6.3% for 2018.
In economic news, we await the release of the latest round of fed minutes, which are expected to give a hint as to the potential for an additional interest rate increase in 2018 (potentially 4 vs consensus estimate of 3). The initial jobless claims fell more than expected and existing home sales came in behind expectations - no news was too significant though.
The political arena was largely quiet on the economic front, though gun control is again at the forefront of the news, causing some concern in firearm and munitions manufacturing.
The cryptocurrency space was a bit of a rollercoaster as well, with Bitcoin and other coins advancing early in the week (Bitcoin hit 12k at one point), but retreating and giving back most of the gains later in the week.
One of the stocks I like, Walmart, was down 10% on the week after a significant recent climb on concerns of slowing growth and lower than expected online sales results.
Overall, it was a good week and I remain fully invested.
Good luck,
Brian
Thanks u so much for sharing this information ,,, really u r wonderfull person ,,, good luck my dear friend @brian.rrr 👍👍👍
good job! watch gold and silver soon..time to accumulate
I follow his advice, but invest me only a little later if there is money I add more, thank you brother.
Thank u soo much again for this good information
I hope u will giv always this good post
Thank you sir
The Crypto market has had some smooth positive growth. Slow gains each day. I listened to a podcast today where the speaker was talking about the gains and forecasting we could be at the Trillion dollar market cap within the next 60 days. As much as that would be amazing I think it would be the climb before another big fall. have a nice day
hopefully and continue to increase so you can see more profits.
@calitoo
US Capital Markets this is a good tropic of ur post.i don,t know cryptocurrency,bitcoin update matter.because i am new joined to steemit some days ago.so,i have no idea this important matter properly.i read your post i am to know this valuable matter update information.thank u for your good thought of us markets updates.good job sir.. @brian.rrr
Bitcoin is below 10k again..
I thought that it would continue its rise now..
This sucks
Thanks for this great informative publication. I do not understand very well this market with depth but if it is a bit. regards
shangai looking strong today