Wayne is CEO of Burritt Research, Inc. and loves helping people understand investing, cryptocurrency, blockchain, and data science. His journey began with VisiCalc and led him to work for companies like Bank of America, Morgan Stanley, and Weiss Research. He is a former senior financial analyst, senior credit analyst, stock and options broker, and editorial […]
Since April, oil has continued to trade at its highest levels, supported by robust energy demand and tight supplies. WTI crude oil futures inched up $82 per barrel yesterday, following the EIA report indicating a larger-than-expected drop in US crude stockpiles. US crude oil inventories decreased by 3.444 million barrels, surpassing the projected decline of […]
I get the distinct feeling that a lot of investors are feeling like the action last week in the equity markets may be a harbinger of good things to come. In other words, we might be out of the woods. As much as I’d like to believe that I can’t jump on board. I still […]
There’s no doubt about it: Bitcoin (BTC) has broken down. In fact, it recently sliced through significant support at the $28K level like a hot knife through butter. Take a look... Source As you can see from this daily chart of BTC, the dominant crypto dropped below resistance that had been firmly established back in […]
I have to admit: About halfway through last month, I was sitting in my car waiting for gas at the local grocery store and I had a gut-wrenching feeling. My prediction about inflation peaking in April at an 8.3% annual rate might be wrong. Dead wrong. So as I sat their waiting for my turn, […]
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