Closing Market Report 1/2/2018

The KUIK Closing Market Report for Tuesday, January 2:
Markets moved up on the first trading day of 2018.
Index Direction Change Units Index Time Change
Dow Up 105 points 24,824 2:44 PM
S&P500 Up 0.8% percent 2,696
Nasdaq Composite Up 1.5% percent 7,007
30 Year Treasury Up 7 basis points 2.81 Annual Yield
Bloomberg reports Bitcoin is losing it cache with criminals. Other cryptocurrencies such as monero, aredesigned to avoid tracking and have climbed faster over the past two months as law enforcers adopt software tools to monitor people using bitcoin. Analytic firms such as Chainalysis are getting better at flagging digital hoards linked to crime or money laundering, alerting exchanges and preventing conversion into cash dollars.
Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK.
https://www.bloomberg.com/news/articles/2018-01-02/criminal-underworld-is-dropping-bitcoin-for-another-currency
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