 Your daily source for trading strategies, tech news, and politically incorrect humor. Hey there, Bullets Fans – Your Morning Bullets Brief Updates are here! And that means trivia is, too. Who said the following quote? “Life is like riding a bicycle. To keep your balance, you must keep moving.” Think you know the answer? You can check it in the closing area down below!  Image Source: Morning Bullets Stock futures did not bode well for Wall Street this morning. Another negative session could be on deck today after each of the three major benchmarks suffered setbacks yesterday. And the minutes from the latest Federal Reserve meeting show that the central bank may back off on its asset-buying if the strong economic recovery continues. Investors are keeping a close eye on the latest Labor Department data for further evidence of an improved labor market. Analysts are anticipating that the latest weekly jobless claims report will show that 452,000 Americans filed for unemployment benefits, compared to the 473,000 who sought that assistance in the previous week. And bitcoin surpassed $40,000 for a moment this morning after the world’s largest digital currency sank to a low not seen in three months, yesterday. Virgin Galactic announced that it hopes to conduct a spaceflight test on Saturday, and shares climbed a whopping 17% on the news. What other market headlines should you be aware of this morning? Other News That Matters To You: This investment report could be the key to your digital currency wealth
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The complicated love affair between the Tesla CEO and the digital currency market just took another twist on Thursday after Elon Musk referred to dogecoin in an early-morning tweet.
“How much is that Doge in the window?” he wrote on his platform of choice.
Those eight words alone sent the value of the meme currency up 11%. Just before 7 a.m. ET, the currency was worth approximately 40 cents, a mere twenty minutes after that tweet was released.
Musk’s fascination with the currency is well known. He’s reportedly involved in streamlining the digital currency, but he has also described it as a “hustle.”
Yesterday, the entire crypto market suffered large losses before regaining some of them.
What do you think about Musk’s near-obsession with dogecoin and bitcoin? Reply back and let me know whether you think crypto will continue to take off, or whether it’s a fad that you simply don’t care about.
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