$TSLA For years in this column we have called Tesla’s valuation out as fake, and finally the T-Bulls have relented and thrown in their towels(NASDAQ:TSLA) There is a “crisis of confidence” in the company, said Yahoo Finance senior columnist Rick Newman on The First Trade. When asked if Tesla’s stock could nosedive to 125 a share from about […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Managed money’s lack of conviction in the Y 2019 stock rally has become notorious, but managers retained faith in the Leadership. Hedge funds kept equity exposures light in this year’s advance, the relative size of their biggest Long positions remained “extremely elevated,” according to the latest research from […]
$RACE,$PM F1 status as the world’s wealthiest sport has been revealed in research which shows that it has received $30-B from sponsors over the past 15 years F1 is setting up for its Top event, the Monaco Grand Prix, which takes place this weekend and is the backdrop for blockbuster sponsorship announcements by the racing […]
$TSLA Tesla (NASDAQ:TSLA) sank to a 2-year low after CEO Elon Musk told employees that effective immediately he and the fledgling EV maker’s new CFO will be scrutinizing every dollar the company spends in a “hardcore” focus on costs. Almost laughable if not so futile attempt to stop the bleeding there. In an e-Mail to […]
$BTCUSD Tuesday, Bitcoin (BTCUSD) hit its highest mark in 10 months, raising hopes among cryptocurrency fans of greater mainstream acceptance, but others urged investor caution. Bitcoin, which lost 75% of its value in Y 2018, has soared by 24% since Friday and more than 2X’d in price so far this year. Currently Bitcoin is trading […]
We all agree that being happy is a desirable goal, but its not always simple to achieve. “The emotion we call happiness is more of a bottom-up or inside-out experience than Top-down or Outside-in,” Heidi Hanna, PhD., executive director of the American Institute of Stress. “We need to connect with the basic things that really […]
President Trump Tuesday to take “harsh measures” if congressional Democrats do not take action against immigration loopholes. President Trump Tweeted Tuesday morning: “Democrats in Congress must vote to close the terrible loopholes at the Southern Border. If not, harsh measures will have to be taken!” The White House has requested billions in emergency funds from Congress […]
$SPY, $RUTX, $DJIA, $QQQ, $VXX Last Wednesday, the US stock market reversed to the Southside in reaction to comments made during Fed Chairman Powell’s afternoon PC. After the sharp April gainers, many traders were looking for a reason to trade the Southside of the market. But, the selling did not last long, as the S&P […]
$RACE F1 star driver Sebastian Vettel has earned more prize money for his teams than any other driver in F1 according to the latest research. F1’s annual prize money payout is public knowledge and came to $913-M last year. F1 does not disclose how much is received by each team, the formula for calculating it […]
$CNY China’s stock market investors are not quite ready to see Beijing scale back its efforts to support the economy. Stocks started the week lower after improving data prompted traders to pare back their bets for additional stimulus. The Shanghai Composite Index rallied Tuesday after the PBoC injected cash into the financial system, alleviating concerns […]
$RACE On Momentum Investing: Momentum investing is all about the idea of following a stock’s recent trend, which can be in either direction. In the ‘long’ context, investors will essentially be “buying high, but hoping to sell even higher.” And for investors following this methodology, taking advantage of trends in a stock’s price is Key; […]
$WFC Wells Fargo & Co. (NYSE:WFC) shares are extending Friday’s declines in Monday pre-market trading, as analyst downgrades pile on after the bank lowered its net interest income forecast. Firms cutting their rating on Wells Fargo stock to neutral include Goldman, BofA and Buckingham. Shares of Wells Fargo fell about 1.6% Monday, after closing down […]
$DIA, $SPY, $QQQ, $RUTX Earnings started and Wall Street likes what it sees, the bias is Bullish and the Fed is hobbled by President Trump. Earnings this week include: C, GS, BAC, JNJ, NFLX, IBM, TEAM and many others. So, am looking for a continuing move North on the general positive bias, expectations of a […]
$XAU, $GLD, $USD President Trump’s plans to nominate Stephen Moore and Herman Cain to the Fed board, and that move points back to The Gold Standard, a policy option once advocated by both men and President Trump himself. The Big Q: What is the case for returning to The Gold Standard? The Big A: Is […]
$DIA, $SPY, $QQQ, $RUTX The Big Q: Are you thinking about entering the realm of investing? The Big A: If you are then you have to take heart in knowing that there are just 2 types of mistakes you can make if you do. The 1st mistake is to just buy something: a stock, a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: S&P 500’s 8-Day Winning Streak Capped in a Fibo Retrace on Volume Tax time is here and the April 15 deadline for individual returns looms, as Americans are facing the full reality of President Trump’s new tax law. The law, better known as the Tax Cuts and Jobs Act, […]
FLASH: The stolen passport market is huge! There are more than 40-M passports listed as missing on a database created by Interpol in Y 2002, and according to the US Department of State, more than 300,000 American passports are lost or stolen in the US yearly. And given that these are the most common ways […]
With Bitcoin back above $5,000, there are signs to suggest that the Bear market might be coming to an end. This has surprised quite a few who expected it to drag on a little while longer. I was one of them. Of course, this may still happen, but there are signs that we are beginning […]
$BTCUSD By Mark Hiraide On April 2, 2019, the Division of Corporation Finance of the Securities and Exchange Commission issued a no-action letter to TurnKey Jet, Inc. in connection with a proposed sale of tokens in the United States. It was the first no-action letter relating to cryptocurrencies and was widely heralded as a watershed event […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last Monday was the start of a new Month, a new Quarter, and new Money came in driving the S&P 500 North for 8 days running into Friday on a strong NFPs report, for what looks to be an extension into this week, with the indexes marking and/or approaching […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Monday is the start of a new Month, a new Quarter, and new Money As of last weeks Wall Street action have many leaders well-positioned. Some started North Friday, and are continuing. The Northside action is with the S&P 500 and the NAS Com, have both moved laterally just […]
$RACE Ferrari (NYSE:RACE) dominates the 2019 Formula One Bahrain Grand Prix, as Charles Leclerc finished on Top of the time-sheets inF3 and Qualifying Saturday. Team-mate Sebastian Vettel joined him on the front row, beating the MercedesAGM duo of Lewis Hamilton and Valtteri Bottas. Max Verstappen took 5th place, and Red Bull Racing team-mate Pierre Gasly […]
$RACE FLASH: Smart Money is right about Ferrari Ferrari N.V. (NYSE:RACE) investors should be aware of an increase in enthusiasm from smart money in here. Our calculations also showed that RACE isn’t among the 30 most popular stocks among hedge funds aka smart money. In today’s market there are a large number of indicators investors […]
$RACE After Ferrari (NYSE:RACE) went off pace in Australia, it return during Friday practice in Bahrain. Sebastian Vettel and teammate Charles Leclerc were split by 0.035s at the Top of the time-sheets and held a significant 0.6s advantage over Lewis Hamilton’s MercedesAMG in 3rd place. Friday’s lap times were more in line with expectations from pre-season […]
$RACE FLASH: F1 boss Ross Brawn says Ferrari must be respected by their pit-lane rivals as plans are made for the sport moving forward. The F1 strategy group met in London this week to discuss an array of topics as Liberty Media and the FIA look to develop the pinnacle of motorsport. And 1 of […]
$GLD Gold markets rallied Monday, after initially pulling back a bit to find some buying. The $1325 level is just above, and that is an area of resistance due to the psych significant mark. Beyond that, if it breaks above that mark it would not only break that big number, but will also break above […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week saw Wall Street participants taking profits, but the major indexes are still technically Neutral/Bullish overall. The large cap growth indexes are solid enough in here, Friday sellers showed up for the 1st time in some time. They will see support and bounce and start this leg all […]
$GLD.$USD, $JPY FLASH: Last week gold posted its 3rd consecutive weekly gainer and rose 1%, the most since the week ending 1 February. The fundamentals Spot gold up 0.1% at $1,314.21 oz as of 0128 GMT. US gold futures up 0.2% at $1,314.40 oz. Investors sold shares Monday moving to the safety of bonds, while […]
FLASH: McKinsey’s annual review reveals an expanding and developing industry; more tools for managed money and investors. Note: Private markets, including PE, debt, infrastructure, real estate, and natural resources. Private markets stayed strong in 2018. True, fundraising was down 11%. But $778-B of new capital flowed in. Investors have a new motivation to allocate to […]
It’s becoming more and more difficult to exist within society today without dealing with some form of stress on a daily basis. Between family drama, money issues, and demanding businesses and jobs, it makes sense that you may wish that there was truly a body wash that could take it all away and make you […]
$GLD, $BAR,$USD FLASH: Some money managers says recession fears on global-economic slowdown sign actually give savvy investors a Golden opportunity to start investing in a precious metal commonly considered a haven amid uncertainty and say that gold’s price is “very affordable” now. “You’ve had a bit of a V-shaped recovery in the market, but [with] […]
$USD, $SPY FLASH: The Fed’s decisive statement this week that interest rates are unlikely to rise this year sends a signal to US households: keep buying things. The Fed tries to guide the US economy by controlling the interest rate banks charge one another for overnight loans. Moving this rate up lifts other rates in […]
$SPY, $USD FLASH: The Fed’s policy reversal is beginning to stoke systemic vulnerabilities in the economy. A surprise move by the central bank to forecast no change to interest rates for the remainder of this year will increase excesses in corporate America, which is already highly leveraged, and expose the economy to a higher chance […]
$HGC1, $CU FLASH: Managed Money Driving Explosion in Copper (CU) Options in Big Bet on Prices A persistent Copper shortage has spurred a 32X explosion in the COMEX options market over the last 2 years as hedge funds and other speculators move to cash in on rising prices. Copper at the close in Chicago Tuesday: […]
Cooking healthy at home is 1 of the best things we can do for ourselves and our family. And the household budget does not have to take a hit when stocking up on this list of Real foods. When it comes to produce, it’s often easier to save money when buying in season, but many […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week was a Wall Street market winner, and is technically Bullish overall. Good moves seen on the week with the FANGs coming back into the action after a week or so pause. That augurs well from an Northside outlook. After some more Northside, if we see some profit […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Friday, the 3 major US stock market indexes move down to their 50-Day MA supports and bounced finishing near the highs of the day. The pattern looks Bullish to me. That means buy some really good looking patterns, as the bounce up off the 5-session pullback, and let the […]
$SNCAF FLASH: There no money, no sex and nothing illegal happened, but is is a scandal in Canada. Canadian Prime Minister Justin Trudeau is facing a controversy that seems trivial, but it could topple him in elections later this year. In Canada 2 high-profile women ministers in Mr. Trudeau’s Cabinet, including Canada’s 1st indigenous justice […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Fed stifling The Trump Economy The anti-Trump media is pointing to the economic slowdown, but economist Stephen Moore puts the blame on the Fed’s economist policy during our blockbuster Trump economy. “I’m a little worried about the economy slowing down a little bit, but we still have a blockbuster […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As earnings season comes to a close investors look down the line. The US major stock market indexes tested the top of the range faded, then started North again Friday as new money flowed in. The market remains at the inflection point and will breakout or move back down to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: “Machines are only as smart as their human programmers” Hedge fund investors learned that the hard way last year when data-crunching computers that invest $220-B based on historical price trends did worse than most human managers. The losses were so bad that investors pulled billions of dollars out of […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Sidelined investors join this Bull market rally, as retail stocks outperform following earnings reports from Lowe’s ($LOW), Best Buy ($BBY), and TJX ($TJX) Investors came back into US stock funds during the week ended 20 February. It has been the best start to a year for the S&P 500 since Y 1987, breaking a 5-week […]
$DIA, $SPY, $QQQ, $RUTX FLASH: The Pain Trade is Higher! Professional investors who have missed this global stock rally this year, are still worry about getting on the bandwagon too late Money managers are strategies including derivatives, defensive and/or dividend stocks are being touted as a way out. Fund manager have pulled over $30-B from […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As earnings season comes to a close investors look down the line. No trade deal announced yet, but President Trump and Top Chinese negotiators in Washington concurred there will likely be 1 and the 1 March deadline for the tariff hike was pushed Sunday, the Chinese FM returns to Beijing […]
By Mark J. Lundeen $GLD, $SLV, $USD The Dow Jones in its BEV chart below is charging up the hill with eyes fixed on making new all-time highs. In the past week it has advanced 2.9% BEV points, leaving only 3.52% BEV points to go before it once again makes stock market history. Another couple […]
$GLD, $SLV, $GDX, $USD Gold prices climb as those savvy investors uncertain about global growth outlook hedge their portfolios. Gold prices have surged 14% since September, when in this column I signaled a buy signal for the precious Yellow metal, just as the major US stock market indexes were making record Tops. Gold-focused ETFs saw […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Earnings coming to an end, as investors look farther down the line. Last Friday was options expiration, and we saw allocation of new Wall Street money to the financial, industrial, home-centric, and energy stocks. Notably, other sectors did not sell off, but paused to refresh. This is the perfect scenario: […]
$DIA, $SPY, $QQQ, $RUTX, $BAC, $VXX US are stocks rallying this year on signs of progress in US-S trade talks as managed and sidelined money continues to bet that there is not much upside left when President Trump’s deal is reached. That is wrong Heffx-LTN’s corporate earnings and equity valuations model as of Saturday indicates […]
$DIA, $SPY, $QQQ, $RUTX, $VXX More earnings coming, but investors are looking farther out now. Last week the market was set up to pullback, and trade triggered the action. The selling was not heavy, but a normal pullback to near-term support by the index marks and by most of the leadership issues The action is […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘easy money’ is coming off of Q-4 Sell-off January produced returns worthy of an entire year. Russell 2000 +11.7% YTD NAS Comp +10.0% YTD S&P 500 +8.0% YTD DJIA +7.6% YTD So, if you were in cash at year end, got the buy signal on 26 December then […]
Early Sunday, Congressional talks to avert a 2nd government shutdown over border Wall funding broke down. Republicans and Democrats have stopped communicating for now. Talks were suspended over the issue of detention beds, but there are hopes negotiators will come back to the table soon. Mick Mulvaney, the acting White House Chief of Staff, said […]
Congressional negotiators are working this weekend of talks on a security plan that includes barrier on the Us-Mexican border, hoping to complete a deal to avert another government shutdown that is acceptable to President Trump. Saturday afternoon, President Trump Tweeted that if Democrats did not give him all The Wall money he is demanded, he […]
$SPY, $QQQ, $RUTX, $VXX FLASH: Investor get excited by higher prices for financial assets. If prices of stocks 2X, it is likely that investors will want them more, and the more they go up, the more investors tend to want them, this is known as “fear or missing out,” or FOMO. So, that is why […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: San Francisco Fed President Mary Daly said Friday afternoon that the central bank is debating whether QE (quantitative easing) should be reserved for emergencies or used more readily. Market turned; S&P 500 NAS Comp and RUTX finished in the Green, DJIA off a bit. The S&P 500 utilities sector […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, new money came in and Wall Street gained with all 3 major indexes closing near session highs. Continuing optimism abounds on the prospects for US-China trade relations propelled technology shares. The S&P 500 index and the NAS Comp both closed above their 100-Day MA’s for the 1st time since […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Earnings Monday This week more earnings, while the economic data slows a bit. Good breaks higher that held for the indices and many stocks within. The Key will be if new money comes in to extend the rally. Semi’s are back in leadership, this is a huge Northside indicator. China […]
$SPY The data reveals that hedge fund money has not been chasing the January late December – January rally in US stocks. It is on the sidelines. According to Macro Risk Advisors, these big-money managers are acting much more like it is the aftermath of the Y 2008 financial crisis than the relatively low-volatility environment […]
Venezuelan leader Nicolas Madura is warning the United States to stay out of the crisis in his country, but he does not have much to back up that stance, and a “credible” military threat from the United States would help sway Venezuela’s military away from him. “His hold on the military is tenuous at best,” […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Once again, the US stock market was primed to rebound, it rebounded into the shortened holiday week, there is plenty of money still on Wall Street’s sidelines. The 3rd leg is happenig with SOX, and the NAS Comp. The other indices are moving up off their tests with the semis […]
Sunday, Acting White House chief of staff Mick Mulvaney said that President Trump will shut down the government again if he does not get border Wall funding. In a TV interview Mr. Mulvaney said the President is “willing to do whatever it takes to secure the border.” “I think he actually is,’’ ready to shut down […]
$RACE,$MS Ferrari (NYSE:RACE) could produce some all-electric cars, it will not renounce its commitment to internal combustion, because racing runs on gas. Racing has always been and continues to be everything to Ferrari Traditionally, Terrari scoffed at EVs. But it is true that the iconic Italian automaker added hybrid-electric technology to its ultra expensive HyperSuperCar […]
$SPY Our work shows that calls for this Bull Market’s end are premature if not uncalled for. We here at HeffX-LTN believe that stocks will break out to all-time highs this year. The case for a continuing Bull Market is based on a chart pointing to negative market sentiment. At the end of Y 2018 our […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, Once again, the US stock market was primed to rebound, it rebounded extending into options expiration, + there is plenty of money still on Wall Street’s sidelines. The US financial market was closed Monday for a Holiday, Options expiry brought a big Northside move. Perhaps we will see come giveback […]
$GLD, $SLV, $USD Gold’s supply/demand prospects have caught the eye of 1 billionaire. “For the 1st time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. “Supply is shrinking and that is going to have a positive impact on […]
US fund investors charged into high-yield corporate bonds during the latest week, shoveling $3.3-B, the most cash flowing into that market since late Y 2016, Lipper said Thursday, boosted by dovish words from Fed Chairman Powell. Underscoring investors’ appetite for some risk-taking, investors pulled $15-B net cash from US-based money market funds, according to the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, The US stock market was primed to rebound, it rebounded. Earnings are just ahead and if stocks continue to the Northside as they have on this bounce then the lowered estimates might not be a plus. So, for now savvy players will be playing the bounce, because the selloff was […]
$TWTR Twitter (NYSE:TWTR) is blocking the petition, and the triple amputee was attacked by Jimmy Kimmel and Alyssa Milano personally triggering an outpouring of attacks. So far, having raided over $17-M in only 8 days via crowd funding for “We The People Will Fund The Wall,” distinguished USAF Vet Brian Kolfage writes that he is […]
President Donald Trump’s approval rating went up 2 percentage points from last week to 40%, according to the latest Gallup poll released Monday. 55% of respondents disapprove of the President’s performance. President Trump’s 38% approval last week was tied for his lowest rating in the poll since last February. His worst point ever in Gallup polling is […]
Senator Rand Paul (R-KY) Sunday praised President Trump for doing “exactly what he promised” by withdrawing US troops from Syria, and derided the “armchair generals” in Washington who “want to keep us at war forever.” In an TV interview Senator Paul said he’s “very proud” of President Trump’s determination to get US troops out of […]
$BTCUSD , $CME, $CBOE The year long digital-asset slump is scaring off institutional money, according to JPMorgan Chase & Co., suggesting a taste for the cryptocurrency markets is fading way. “Participation by financial institutions in Bitcoin trading appears to be fading,” JPM analysts wrote in a research note dated 14 December. “Key flow metrics have downshifted […]
Professional Money Managers Prepare for 2019 Rally $DIA, $SPY, $QQQ, $RUTX, $VXX, $USD Bond and stock markets from the US to emerging markets all on pace to lose money this year, investors have not seen this much Red on their screens since Y 1972, the last time no asset class returned at least 5%. Yet […]
Grow Your Own Real Food, This is Why While stockpiling food is important, not knowing how to grow or find your own food is a huge mistake for anyone interested in long-term “off-grid” survival. Sooner or later even a stockpile designed for a year or more will run out. The only way you can truly […]
Mexico’s President ‘AMOL’ Vows End “rapacious” Elite Veteran leftist Andres Manuel Lopez Obrador aka AMOL, 65 anni, took office as Mexican President Saturday, vowing to see off a “rapacious” elite in a country struggling with corruption, chronic poverty and gang violence on the doorstep of the United States. AMOL took the oath of office in […]
President Trump, ‘Totally Be Willing’ to Shut Down Govt to Get Border Wall Funds US President Donald Trump said he would “totally be willing” to shut down the government if Congress does not send him a bill approving $5-B for his proposed Wall on the US southern border with Mexico. His comments came during an […]
President Trump’s Message to Congress: “You Must Present Border Security Package.” President Trump has given the use of lethal force order to the military at the southern border. Friday, US President Donald Trump Friday demanded action on a major border security package, including funding for a border wall, 1 day after issuing a threat to […]
President Trump, “No more money for the Wall, No more money for Government” Thursday, US President Donald Trump warned that there could be a government shutdown next month over security on the border with Mexico, suggesting he could hold up negotiations if no more money is provided for a wall between the 2 countries. “Could […]
Buffett and Dimon Called the Fall of Bitcoin (BTC) $BTCUSD Bitcoin’s (BTC) price has fallen to 4,474.59, down 30% in a month, 50% in 6 months and about 80% since December. The crypto-currency experts are blaming volatile stock markets to hard forks. But, likely is a long-term unraveling of the hype, exaggeration and populist fantasies that […]
Millennials to Spend Big Money on Pets This Holiday Season Millennials love their pets, and that love’s showing up on their holiday credit-card bills. The much-discussed generation of shoppers, known for their industry-disrupting tastes, will spend heavily on their pets this holiday season, more than 2X what consumers overall are expected to spend, according to a […]
F1: Liberty Media Fuels a Air of Uncertainty, Stock Tanks $RACE, $FWONK Liberty Media claims that F1 reversing stock price may have been fueled by an air of uncertainty over if it will strike a new deal with the 10 racing Teams before their current contract expires in years. Liberty bought F1 for $4.6-B, and […]
Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]
Michigan’s Goal: Build a Lucrative Marijuana Industry from the Ground Up Michigan’s is planning to build a lucrative cannabis industry from the ‘ground up’ with passage of a ballot initiative to legalize recreational marijuana on Tuesday. It could do so by serving as a model for the rest of the Midwest, and possibly beyond. Michigan […]
Do Not Get Distracted By Tesla’s (NASDAQ:TSLA) Q-3 Profitability $TSLA Tesla posted an impressive Q-3 profit Wednesday, and the company’s top-line revenue was more stunning. The money flowing toward Tesla is more important than whether it makes or loses money on a Quarterly basis. As Tesla grows, questions could arise over its monopoly status in the EV sector, and use […]
If You Win the $1.6-M in the Mega Millions Lottery, You Still Need a Financial Plan Playing the lottery has become the new version of the American Dream for many people. There have been no Mega Millions jackpot winners since 24 July, so the jackpot will be at least $1.6-B for Tuesday’s drawing. That payout will be […]
National Mandate for a Big GOP Victory in November, Brings Overseas Investors to US $DIA, $SPY, $QQQ, $RUTX, $VXX The 2018 midterm elections only 17 days away, + the political and earnings seasons are in full swing with the S&P 500 numbers coming in higher that expected with 20% of the member reported. The Big […]
Disruption and Investors’ Fear of Missing Out $NFLX, $TSLA A new study from UC Riverside and the Rotterdam School of Management finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. Many early backers are reluctant to invest too much in unproven ideas that might not take […]
This is All You Need to Know About Bitcoin and Blockchain $BTCUSD, $BLCN Bitcoin and the alternative cryptocurrencies, aka altcoins, are cryptic to say the least. Some people consider bitcoin a currency, others an investment and still others a store of value. Even government agencies cannot agree on what bitcoin really is. The IRS treats it […]
Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead $TSLA Sell all rallies in Tesla is still our call CEO Elon Musk’s future with Tesla (NASDAQ:TSLA) is a bit clearer after the company settled a securities fraud lawsuit with the SEC, but there are other clouds hanging over the niche EV maker. Under an […]
Swiss Bankers Raise $104-M to Establish Crypto Financial Services Company $BTC, $ETH Seba Crypto AG, a Swiss financial services company run by ex-UBS Group AG bankers, said it raised money as it seeks to become 1 of the world’s 1st regulated banks to let consumers trade paper (fiat) money into cryptocurrency. The Zug HQ’d company […]
Mt Gox Trustee Sold $230-M in Bitcoin, Bitcoin Cash Since March $BTC, $BTH, $USD, $JPY The trustee for the now-defunct Japanese cryptocurrency exchange Mt. Gox has revealed new details about the pace of cryptocurrency sales as part of the firm’s bankruptcy and rehabilitation process. Attorney Nobuaki Kobayashi explained in a 25 September notice on the […]
Cryptocurrencies, the Week in Review $BTCUSD, $ETHUSD,$XRPUSD Most all of the Top 10 digital currencies by market cap posted gainers, with some coins seeing dramatic increases in value quickly. Industry leader Bitcoin is trading above 6,700 as of 1:00p EDT Friday, that marked a gainer of 4%+ from that time 1 day prior, according to data […]
Bitcoin (BTC) and Other Digital Currencies Hacked in Japan to the Tune of $60,000,000 Bitcoin can be used for payment at 50,000 stores in Tokyo alone $BTCUSD Bitcoin (BTC) and other digital currency worth around Japanese Yen 6.7-B (or US$60-M) has been stolen in Japan following a hacking attack, a virtual exchange operator said Thursday. […]
Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker $TSLA Liam O’Connor is another 1 of a of Tesla execs to exit due to current DOJ (criminal) and SEC investigative climate. Tesla (NASDAQ:TSLA) is losing yet another executive in a string of departures going back months. This time, according to a report Thursday, […]
No Provision for Wall, No Spending President Donald Trump Thursday hammered an extensive continuing resolution passed by the Senate earlier this week, calling it “ridiculous” and demanding to know where the money for border security will come from. “I want to know, where is the money for Border Security and the WALL in this ridiculous Spending Bill, […]
Islamic State’s Use of Bitcoin (BTC) May Be Over Very Soon $BTCUSD Like cash, the anonymity of Bitcoin and cryptocurrencies have attracted criminals and terrorists to the digital coins over recent past. That could soon all be over after the President of the Financial Action Task Force (FATF), Marshall Billingslea, said the group will likely agree […]
Tropical Storm Florence’s Effect on the Commodities Markets $CORN, $WEAT, $SOY The impact of Florence chases Hogs to higher marks Soybean steady post-WASDE. Corn falls to the bottom of its trading range. Wheat declines sharply. Cotton remains firm on Florence. Meats move higher, though it is off-season for demand. As Florence bore down on the Carolinas, […]
Cryptocurrencies are Becoming More Stable $BTC, $ETH Let’s examines Key factors in the growth of the cryptocurrency industry, and what regulators are doing to mitigate the risks It is an encouraging sign that the cryptocurrency community and regulators have been quick to evolve and respond to risks that have been identified in the market. For […]
Emerging Market Rout Approaching Bottom $USD, $AUD, $NZD Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, but says that there are still countries like the Philippines that will suffer. Given the uncertainty, the money manager is keeping a net neutral USD position, while making trades including shorting the Philippine […]
Can, Will Precious Metals Rise From the Mat? $GLD, $SLV, $MTAFF Gold finished +0.7% to 1210.80 oz in NY Wednesday People are asking me: Can the precious metals rise from the mat? The Big A: Yes. It is important to note that when 2 of the 5 sentiment indicator shift to more positive sentiment, to […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]