The Game Changer: Bitcoin Futures

The Game Changer: Bitcoin Futures

Bitcoin price rose slightly on Tuesday as investors eye the upcoming launch of bitcoin future contracts. According to industry website CoinDesk, the price rose 0.28 percent to $11,649.58 during Tuesday’s trading session. Institutional interest in the cryptocurrency market continues to increase as more exchanges are coming on to provide bitcoin-related derivatives. According to Bloomberg, Japan’s […]

Bitcoin Headed Over $40,000

Bitcoin Headed Over $40,000

The world’s most valuable cryptocurrency bitcoin can quadruple in price from the current record high of $10,000 in the next 13 months, predicts former Fortress hedge fund manager Michael Novogratz. “Bitcoin could be at $40,000 at the end of 2018. It easily could,” Novogratz told CNBC. On Monday, the digital currency smashed the $10,000 mark […]

How Singapore Can Tolerate Upcoming Crypto-Currency Popularity (SGD) Currency – Analysis

How Singapore Can Tolerate Upcoming Crypto-Currency Popularity (SGD) Currency – Analysis

Singapore is widely regarded as one of the most crypto-friendly countries in the world, largely due to its stable politics, reliable infrastructure, and favorable business environment. Singapore’s Central Bank has experimented with blockchain technology, and announced Project Ubin, a collaborative project with a consortium of banks and technology companies to explore the use of blockchain for payments […]

Another Crypto Heist: Keep Your Bitcoin Safe

Another Crypto Heist: Keep Your Bitcoin Safe

Another Crypto Heist: Keep Your Bitcoin Safe Hackers have robbed the wallet in the 19th largest cryptocurrency tether. The company behind the dollar-pegged cryptocurrency blamed “malicious action by an external attacker” for the theft of $30,950,010 on Monday. Unlike BPF Tether was using a soft wallet storage system , BPF use a secure hard wallet […]

Bitcoin Nears $8000

Bitcoin Nears $8000

Bitcoin has reached a new record high, surging 10 percent, and was trading at $7,888 on the Bitstamp exchange Wednesday after a controversial update to the cryptocurrency’s software was suspended. The bitcoin rate dipped briefly Tuesday, falling below $7,000 due to uncertainty over a new code proposal, Segwit2x, which could have create a competing cryptocurrency, […]

Bitcoin to hit $50,000

Bitcoin to hit $50,000

The price of bitcoin will grow tenfold in the next decade with the cryptocurrency’s market capitalization exceeding a trillion dollars, says an investment analyst who predicted the surge to $5,000 when bitcoin was trading at $2,600. Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. […]

Bitcoin Update

Bitcoin Update

Bitcoin Update Since 2011, the world’s most popular digital currency, bitcoin, outpaced all the world’s currencies, except for 2014. The combined value of the world’s cryptocurrencies has increased tenfold this year to more than $170 billion. The bitcoin rally has stalled after the so-called ‘hard-fork’ split of the digital currency, which has created another virtual […]

Bitcoins Big Problem: Tax

Bitcoins Big Problem: Tax

Bitcoin has captured the attention of investors and world governments alike, especially given Bitcoin’s meteoric rise over the past 12 months. Cybersecurity expert John McAfee believes they may encompass the sum of all fears for governments the world over. Taxation and Financial transparency has seen the USA attack countries like Switzerland and many other offshore […]

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally

HEFFX Bitcoin Outlook, $2500 then a Rally China banned initial coin offerings (ICOs), referring to them as an unauthorized fundraising tool that may involve financial scams. The Chinese central bank said those who have already raised money should pay it back. China accounts for about 90 percent of all bitcoin trading on exchanges, and demand […]

Lockheed Martin (NYSE: LMT) The Big War Winner

Lockheed Martin (NYSE: LMT) The Big War Winner

Lockheed Martin (NYSE: LMT) The Big War Winner Lockheed Martin (NYSE: LMT) received a $900 million contract from the U.S. Air Force to develop and mature technologies for the Long Range Stand Off (LRSO) missile program. Terms of the Technical Maturation and Risk Reduction (TMRR) contract were not disclosed. The TMRR phase of the program […]

Brambles Ltd Traders Overview

Brambles Ltd Traders Overview

Chartists are paying particular close attention to shares of Brambles Ltd (BXB.AX) as the equity has touched the near-term bottom Bollinger Band, touching 9.45 on a recent trade.  Using this along with several other technical indicators can help investors understand if the shares will continue the downward momentum or bounce back up from the band. […]

CSL Limited Shares In Buy Zone?

CSL Limited Shares In Buy Zone?

12 month volatility is presently 22.877900. The 6 month volatility is 18.725400, and the 3 month is spotted at 20.357200. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when […]

US Economic Outlook Improving, Leading Indicators Up

US Economic Outlook Improving, Leading Indicators Up

US Economic Outlook Improving, Leading Indicators Up $DIA,$SPY, $QQQ, $VXX US leading indicators increased 0.6% in June, beating estimates for a 0.4% rise according to economists polled. This is up from a gainer of 0.3% in May, according to the Conference Board. The index is a closely followed indicator for how healthy the US economy […]

Facebook Inc. Bar Set Low

Facebook Inc. Bar Set Low

Facebook is set to unveil earnings on Wednesday, July 26th, top pick for S&P Global portfolio manager Erin Gibbs. The company has a strong history of surpassing analysts’ earnings estimates. Valuation has come down to reasonable levels, at 32 x (times) forward earnings, given the lowered growth estimate for the next 12 months. The estimate for […]

Netflix – Potential Market Underestimated

Netflix – Potential Market Underestimated

Internet television network Netflix (NFLX) received a price-target increase to its stock Thursday from investment bank Morgan Stanley, which thinks the market isn’t fully appreciating the company’s “potential for materially higher earnings power.” Netflix fell 0.3% to 158.21 on the stock market today. Netflix climbed above its 50-day moving average in a bullish sign on Wednesday. It has been forming a flat […]

Lockheed Martin Corporation (NYSE:LMT) the Big War Winner

Lockheed Martin Corporation (NYSE:LMT) the Big War Winner

Lockheed Martin Corporation (NYSE:LMT) the Big War Winner Today the United States and the Kingdom of Saudi Arabia (KSA) took major steps to enhance global security and stimulate economic progress in the United States and the Middle East. KSA has expressed its intent to procure more than $28 billion worth of Lockheed Martin integrated air […]

DJIA Saw Resistance, Traded to the Bottom of Trading Range

DJIA Saw Resistance, Traded to the Bottom of Trading Range

DJIA Saw Resistance, Traded to the Bottom of Trading Range $DJIA, $SPY, $QQQ, $VXX The DJIA traded down 372.82 pts, Treasuries rallied the most since Brexit and volatility spiked up, as the indexes back off of all time highs profit taking. Many pundits are declaring political aspects to this pullback, however, I have been expecting it […]

Euro (€) Trading & The Election

Euro (€) Trading & The Election

Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most bruising, divisive and significant election in decades. The Brexit spotlight swung last week away from the […]

Australian Dollar (A$) To Struggle as Commodities Falter

Australian Dollar (A$) To Struggle as Commodities Falter

Australian Dollar (A$) To Struggle as Commodities Falter The Australian economy is not doing badly But the Aussie Dollar is unable to reap much benefit Interest-rate differentials and weaker commodity prices are weighing it down Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, […]

Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price

Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price

Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price Global funds have poured US$485 million (RM2.1 billion) into Malaysian stocks and US$198 million into the Philippines since the end of March as the countries’ currencies strengthened 2% and 0.5%, respectively. That’s a dramatic turnaround considering both declined more than 4% in 2016 and hit decade […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.92. The projected lower bound is: 34.39. The projected closing price is: 34.66. Candlesticks A white body occurred (because prices closed higher than they […]

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD) China’s yuan was steady against the US dollar on Friday, with sentiment improving on firmer signals from the authorities and as investors trimmed bearish bets on the Chinese currency. The People’s Bank of China set the midpoint rate at 6.8884 per US dollar prior to market […]

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement Even though the Dollar is deemed to depreciate in the long run, it may remain strong for the time being. Meanwhile, the Bank of Japan does not seem to have any intention to change its negative rate policy. Combining the above with technical reasons, […]

British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit Brexit seems to be improving the UK economy and the outlook for the gbp. despite various EU threats and tantrums Brexit has proven to be a winner. Overall, the bias in prices is:___Upwards. Short term:______________ Prices are moving. Intermediate term:_________Prices are trending. By the way, prices […]

S&P Global (NYSE:SPGI) Outperforms

S&P Global (NYSE:SPGI) Outperforms

S&P Global (NYSE:SPGI) Outperforms Revenue Increased 8%, Reflects 2016 Divestitures and Acquisitions Organic Revenue Increased 18% Diluted EPS Increased 39% to $1.53 Adjusted Diluted EPS Increased 35% to $1.62 Operating Profit Margin Increased 640 Basis Points to 45% Adjusted Operating Profit Margin Increased 630 Basis Points to 47% S&P Global (NYSE: SPGI) today reported first […]

War is Good Business at Lockheed Martin Corporation (NYSE:LMT)

War is Good Business at Lockheed Martin Corporation (NYSE:LMT)

War is Good Business at Lockheed Martin Corporation (NYSE:LMT) – Net sales of $11.1 billion – Net earnings from continuing operations of $763 million, or $2.61 per share – Generated cash from operations of $1.7 billion – Returned $1.0 billion to stockholders, inclusive of $500 million in share repurchases The Corporation’s cash deployment activities in […]

Gold Marks 5 Month Highs on Geo-Political Concerns

Gold Marks 5 Month Highs on Geo-Political Concerns

Gold Marks 5 Month Highs on Geo-Political Concerns $GLD, $SLV, $SLW, $EXCFF, $GDX Gold rose about 2% to a fresh 5-month high Tuesday as investors sought safe havens from risk on mounting political and security concerns over North Korea, the Middle East and the French election. Spot Gold was up 1.53% at 1,273.44 oz by […]

Trump Rally Extends, DJIA, S&P 500 & NAS Comp at Record Highs

Trump Rally Extends, DJIA, S&P 500 & NAS Comp at Record Highs

Trump Rally Extends, DJIA, S&P 500 & NAS Comp at Record Highs $DIA, $SPY, $QQQ, $VXX Wednesday, US stocks climbed into record territory, as the DJIA closed over the 20,000 mark for the 1st time as solid earnings and optimism over US President Donald Trump’s pro-growth initiatives extend the post-Election Trump Rally. President Trump has […]

HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX)

HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX)

HeffX-LTN Analysts for Barrick Gold Corp. (NYSE:ABX) $ABX Barrick Gold Corp. (NYSE:ABX) reported the earnings of 0.24/share in the last Quarter where the estimated EPS by analysts was 0.21/share. The difference between the expected and actual EPS was 0.03/share, which represents a surprise of 14.3%. Analysts are providing their estimated earnings analysis for Barrick Gold, […]

Mid-Caps Stocks Leading in the US Market Rally

Mid-Caps Stocks Leading in the US Market Rally

Mid-Caps Stocks Leading in the US Market Rally $DIA, $SPY, $QQQ, $VXX Stocks have risen sharply to record highs since Republican Donald Trump was elected president in November, and the best-performing equities have “floated up from the bottom of the barrel” according to some analysts and fund managers. Analysts not that over the past 3 […]

US Stocks Could Rise 12% This Year as Economic Growth Gathers Momentum

US Stocks Could Rise 12% This Year as Economic Growth Gathers Momentum

US Stocks Could Rise 12% This Year as Economic Growth Gathers Momentum $DIA, $SPY, $QQQ, $VXX US stocks could rise 12% this year as economic growth gathers momentum, bolstering demand for risk assets, while pushing US Treasury prices lower, according to Byron Wien VP of Blackstone Group (NYSE:BX) The Vice President of multi-asset investing at […]

US Indexes Winding Down the Year in Traditional Patterns

US Indexes Winding Down the Year in Traditional Patterns

US Indexes Winding Down the Year in Traditional Patterns $DIA, $SPY, $QQQ, $VXX The financial markets are winding down the year in the tradition pattern with optimistic sentiment about the future. We do not know yet about the traditional dark cloud of Q-1 data when US growth numbers under perform before subsequently being revised higher […]

US Consumer Confidence Spikes to Highest Mark in Decade

US Consumer Confidence Spikes to Highest Mark in Decade

US Consumer Confidence Spikes to Highest Mark in Decade $DIA, $SPY, $QQQ, $VXX US consumer confidence rebounded this month to the highest mark in more than 9 years. The Conference Board said Tuesday that its consumer confidence index registered 107.1 in November, up from 100.8 last month and highest since July 2007. Americans’ assessment of […]