Diamonds and Dogs

12/22/17

Weight Watchers (WTW) regaining its form. The diet company displaying relative strength rising 6%,  breaking out over the recent $48-resistance. Yesterday the company was upgraded by B. Riley at FBR with a $65 price target. With the holiday season in full swing, many of us with need Weight Watchers in the New Year.

Bitcoin took it on the chin this week falling as much as 47% in the last five days before rebounding. The digital currency erased more than $1,000 in one hour alone Friday morning before rebounding. Newly rebranded, Riot Blockchain (RIOT) fell 11% today and even a chipmaker affiliated with bitcoin, Advanced Micro Devices (AMD) fell 3% on the day. Question is with the carnage for bitcoin continue?

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