Seeking market direction? You can use Bitcoin as a lead
Markets are rallying back, despite the ongoing Iran crisis. And in a highly volatile market, where are investors getting their leads? One way is via the cryptocurrency market. There's a strong correlation between BItcoin and technology stocks – where Bitcoin swings, others will follow. It's rally overnight is one telling example, as investors also piled back into the US tech sector.
Watchlist: Coinbase, Broadcom, Silex Systems
Check out these stocks: www.moomoo.com/quote
The skinny
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