Alan R. Elliott on Muck Rack

Alan R. Elliott

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Washington DC
Writer and Editor — Investor's Business Daily

Alan R. Elliott is a markets writer/editor with Investor’s Business Daily.

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@IBD_Aelliott — 405 followers, 161 tweets

Dow, S&P 500 and Nasdaq Composite all ended at new highs Friday for the first time since Nov. 28. https://t.co/HvGv3h30mB https://t.co/qkOJlHFgni
The Bitcoin grid: I haven't yet tried to verify any of these data, but Digiconomist claims each Bitcoin transaction requires computers to use 250 KWh of electricity, roughly 10x what the average U.S. home uses in a day. https://t.co/roXqMFuDkG https://t.co/mZ7ptrNnt9
Tech stocks are bucking for a rebound, as $MSFT opens up 2.1% and $NFLX jumps 1.2% after a stronger than expected November jobs report.
The Bitcoin grid: I haven't yet tried to verify any of this data, but Digiconomist claims each Bitcoin transaction requires computers to use 250 KWh of electricity, roughly 10x what the average U.S. home uses in a day. https://t.co/hjWjREYLIs
A point of interest, as this rapidly evolving cultural change ripples across the economy.
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