Bitcoin Trading is Ranged in Here

Bitcoin Trading is Ranged in Here

Bitcoin Trading is Ranged in Here $BTCUSD,$ETHUSD, $CME, $CBOE Bitcoin was the lone winner Wednesday, ending its recent skid. The #1 digital currency bitcoin BTCUSD, -2.56%  spent the last 24 hours trading on either side of $8,000 and last traded at: 7,675.1748,-213.79, or -2.71% as of of 5:45a BST, the market is open. Despite coming off a string of […]

Ultra-Rich Investing in Horses, Cars, Cannabis and Cryptocurrencies

Ultra-Rich Investing in Horses, Cars, Cannabis and Cryptocurrencies

Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears $BTCUSD Daily Bitcoin is in the headlines, positive sentiment is intact, and the price is in an uptrend after its recent correction. Currently Bitcoin is trading at: 11,324.9951, +29.9902, or +0.27%, at the close: 12:39p GMT Consider that 59% of last year’s ICO’s have failed or are failing, encouraging some triumphant “I […]

Blockchain Ventures to Achieve Mass Adoption Quickly

Blockchain Ventures to Achieve Mass Adoption Quickly

Blockchain Ventures to Achieve Mass Adoption Quickly Major industries adopting blockchain management Among the blockchain industry’s challenges, the Key issue has been achieving mainstream adoption of the disruptive technology. There is strong belief in the technology, as large enterprises and financial institutions are forging ahead with their respective projects. While most blockchain ventures are focused […]

Blockchain, Bitcoin Ushering in a New Age in Retail Spending

Blockchain, Bitcoin Ushering in a New Age in Retail Spending

Blockchain, Bitcoin Ushering in a New Age in Retail Spending $BTCUSD, $SBUX, $AMZN Starbucks (NASDAQ:SBUX) Chairman Howard Schultz has said in the past that retail was going to witness “a seismic change” in consumer behavior because of technology, most notably the Amazon (NASDAQ:AMZN) effect and the explosion of e-Commerce. “I think if you look at […]

Blockchain Technology Will Deliver Full Transparency ‘Everywhere’

Blockchain Technology Will Deliver Full Transparency ‘Everywhere’

Blockchain Technology Will Deliver Full Transparency ‘Everywhere’ $BTCUSD We just attended the North American Bitcoin conference in beautiful Miami Florida. Over 4000 people attended. There were more millennial billionaires in one place then we’ll ever see again in my life. 30 plus companies/block chain purveyors presented at a cost of $20,000 per 15 minutes. Our […]

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017

The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was  full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big”

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big”

Caution, “I Wouldn’t Touch Bitcoin, Risk of Collapse Too Big” $BTCUSD,$USB, $UBSH Over the past year, Bitcoin, a digital cryptocurrency with no physical backing that can be sent electronically from one user to another, has risen in value more than 1,400%. Elliott Prechter, Head of Computer Analysis at Elliott Wave International, recommended Bitcoin to subscribers […]

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets

Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]

Central Banks are Not Innovators, Bitcoin Threatens

Central Banks are Not Innovators, Bitcoin Threatens

Central Banks are Not Innovators, Bitcoin Threatens $BTCUSD The Big Q: Should central banks embrace cryptocurrencies, or even pioneer their own? The Big A: No. Cryptocurrencies aka crypto assets, are a new and unusual financial medium innovation, and to centralize them in a bureaucracy is wrong. However, the POBC, China’s central bank, says it is working to […]

Gold is Forever, Not All Crypto Currencies Will Survive

Gold is Forever, Not All Crypto Currencies Will Survive

 Gold is Forever, Not All Crypto Currencies Will Survive $GLD, $BTCUSD. $AMZN, $GOOGL, $JPM Not all of the Crypto currencies will survive, it is still early in this game. As in the .Com era there were winners and losers then, will there be winners and losers now. Bitcoin and Ethereum are the front-runners now, recall that […]

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown

Bitcoin Traders Defy PBOC Crackdown $TECHY Just a few weeks after the PBOC banned fundraising through token launches and ordered some Bitcoin exchanges to shut, casting a chill over the cryptocurrency industry, Chinese traders say that the market is far from dead. While several exchanges announced that they will close Saturday, 30 October, traders have […]

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

China’s yuan firmed slightly against the US dollar ahead of possibly tighter monetary policy at home if US interest rates rise this week. The market has turned its focus to the Federal Reserve’s two-day policy meeting that starts later on, speculating that a hike in rates there will have a spillover effect on domestic money […]

US President Trump Not “Talking Down” the USD

US President Trump Not “Talking Down” the USD

US President Trump Not “Talking Down” the USD $DIA, $SPY, $QQQ, $VXX US President Donald Trump is “absolutely not” trying to talk down the strength of the USD, Treasury Secretary Steven Mnuchin was quoted as saying Wednesday. Trump said last week in an interview with the WS-J that the dollar was “getting too strong,” and […]

US Dollar Notched a 14 yr High Pumping The Trump Rally

US Dollar Notched a 14 yr High Pumping The Trump Rally

US Dollar Notched a 14 yr High Pumping The Trump Rally $EURUSD,  $GBPUSD,  $USDCHF, $USDJPY The USD rose to a 14-year high against a basket of peer currencies Thursday after the Fed boosted the number of projected interest rate hikes for Y 2017, adding fuel to The Trump Rally and hammering the EM (emerging market) currencies. […]

Work From Home, Make a Good Living Trading

Work From Home, Make a Good Living Trading

Work From Home, Make a Good Living Trading Turn to Wall Street for a simplified life If you have spent any amount of time on social media you will see retail (civilian) stock traders extolling the life style of traveling around the world, staying at the nicest hotels and driving the supercars. I write about […]

Hillary’s Health Problems, a Stock Market “Landmine”

Hillary’s Health Problems, a Stock Market “Landmine”

Hillary’s Health Problems, a Stock Market “Landmine” Investors are nervous after Friday’s action, it was  the worst selloff in 3 months for equity and debt markets, and another stress to ponder after concerns over Hillary Clinton’s health flared up Sunday. The Democratic presidential nominee, whose polling edge over Donald Trump has soothed traders who fear […]

Fed Hawks Raiding the Stock and Bond Markets

Fed Hawks Raiding the Stock and Bond Markets

Fed Hawks Raiding the Stock and Bond Markets $DIA, $SPY, $QQQ, $VXX Friday, both the US stock and bond markets were in free-fall triggered by US Fed “Hawk Talk” early in the day. The S&P 500 Index dove 2% in its biggest drop since the Brexit vote, US Treasuries slumped, sending the yield on the […]

SGD Trading Outlook

SGD Trading Outlook

FOREX SGD/USD For 8/5/2016 the closing price was 1.3409. Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.36. The projected upper bound is: 1.36. The projected lower bound is: 1.32. The projected closing price is: 1.34. […]

GBP Bulls maybe in trouble

GBP Bulls maybe in trouble

FOREX GBP/USD For 8/4/2016 the closing price was 1.3331. Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 1.39. The projected lower bound is: 1.27. The projected closing price is: 1.33. Rex Takasugi – TD Profile Analysis of FOREX GBP= (GBP=)  as of 8/4/2016 […]

Experts See Gold Rally Extending

Experts See Gold Rally Extending

Experts See Gold Rally Extending $GLD, $SLV Gold has rallied strongly YTD with recent world events pushing it higher as anxious investors seek its safety and preservation of wealth and buying power. From Britain’s sudden exit from the EU, to the most contentious Presidential election seasons in US history, to ISIS terrorist attacks, the only […]