Finance, Markets & Crypto.

So, about a month ago I hit on this and some people thought I was off, or at least I was not looking at real forces driving things. Well, here it is again. Markets being driven downward by none other than Crypto-Currency, mainly (Bitcoin) at this very moment. I said about a month ago this was a bad idea, to include Bitcoin and/or other Crypto as a source on sites or a straight out Investment. I'll say it again, it is very volatile and very risky. Look at Bitcoin over the last month. A high at 17,106 on 1/6/18 to todays wild ride of 7,833 around an hour ago to sitting at about 8,912 as of 5 minutes ago. I work with several of the largest Financial Marketing Organizations and Brokerage Firms in the USA and they tell me and other Producers, stay clear of Crypto, unless you have money to lose and it won't hurt you.

A better Investment for the future would be almost anything within the S&P 500 as an Index, nothing even comes close to how it is performing.

Just putting this out there for those that look at this type of Investment or just Information to use for future endeavors....Beware and Be Safe!

Just an update as to what has happened and leading into Monday. Don't believe that this market (2.5% correction) was driven by releasing a Memo from the House Intelligence Committee. This was driven by a down slide of Crypto as well as some Bonds selloff and talk of rising Interest Rates by the FED. Going into Monday, expect some more in the form of early Dow Futures and others dropping before the bell. Gradient Financial is looking at some more correction, but not in the sense of bell ringing knock out %%%, like 10-20%. Again, just putting out some info that might be helpful.

Have a great weekend boys and girls....