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NewsWatch: Bitcoin skids to two-week low, but technical analyst says the slump is not a ‘decisive breakdown’ — she’s watching the next two closes

MARKETWATCH FRONT PAGE

Bitcoin faces fresh selling pressure Tuesday, dragging the world’s No. 1 crypto to lows not seen since late May. However, at least one technical analyst, says that the slump in bitcoin doesn’t represent a decisive breakdown until it sees weak closes today and tomorrow. See full story.

Since 2008, this has been the biggest signal for stock direction. Here’s where it’s telling investors to go now.

Our call of the day says a single indicator is telling them which stock sectors are the best bet right now. See full story.

Billionaires including Jeff Bezos and Elon Musk avoided paying federal income taxes in some years, report says

Billionaires including Amazon founder Jeff Bezos, Tesla founder Elon Musk and media titan Michael Bloomberg have avoided paying any federal income tax in some years, according to a report from ProPublica, which cited a trove of Internal Revenue Service data. See full story.

Higher prices aren’t always a bad thing. Sometimes they nudge producers and consumers toward necessary changes

“Chipageddon” is not the end of the world. Rather, it is giving chip producers a clear signal to ramp up production and increase supply. See full story.

Taper tantrum? Only if somebody wakes the U.S. bond market

Maybe the bond market already had its tantrum? See full story.

MARKETWATCH PERSONAL FINANCE

‘I’m thankful that I had my abortion, and I’m worried that people won’t be able to live [their] lives as my abortion has afforded me.’ See full story.

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