SPDR S&P 500 (SPY): Boy..... SOMONE sure needs to INFORM Ad...

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Re: None

Wednesday, 09/28/2022 12:08:43 PM

Wednesday, September 28, 2022 12:08:43 PM

Boy.....
SOMONE sure needs to INFORM Admin that :
https://bitcoinist.com/why-has-bitcoin-become-a-leading-indicator-for-the-sp-500/

Quote :
"Since the start of 2020, the crypto market is suddenly trading lock and step with major stock indices and precious metals".

PLUS by its' trading 24 hours per day,/ 7 days per week ?.......
It makes for an excellent GLOBAL Risk-ON/OFF INDICATOR !

Yes, Bitcoin has become a widely acknowledged (leading) Indicator for equity markets worldwide.

And therefore it's absolutely NOT off-topic on an S&P 500 Board

Same as the dollar an/or overseas markets and/or bond prices, etc, etc. should also NOT be considered "off-topic".
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.

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