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Why Was Bitcoin Created?

Why Was Bitcoin Created?

Bitcoin was created by an anonymous person (or group) in 2009. The creator(s) went by the name Satoshi Nakamoto. 2009 was near the peak of the housing crisis, and that is no coincidence. Satoshi was obviously not happy with bailouts and the state of financial systems. So, being an excellent coder, he came up with […]
Cleveland-Cliffs Drops After Seeing ‘Softer Q4’ Amid Volume Cuts, Higher Costs

Cleveland-Cliffs Drops After Seeing ‘Softer Q4’ Amid Volume Cuts, Higher Costs

Shares of iron ore miner Cleveland-Cliffs (CLF) are falling after reporting third quarter earnings per share of 18c, widely missing analyst expectations of 32c per share. Q3 EPS included an $89M, or 29c per diluted share, loss on extinguishment of debt, and a $32M, or 11c per diluted share, gain from discontinued operations. This compares […]
Remember Your RMD

Remember Your RMD

Photo by sraskie It’s getting close to the end of the year and that means many individuals need to take their required minimum distributions (RMDs). It also means that there will be individuals who must begin taking their required minimum distributions as they will have reached the magic age of 70 ½. For those already […]
6 Stocks With Recent Price Strength To Enhance Your Returns

6 Stocks With Recent Price Strength To Enhance Your Returns

“In the stock game, winning means reaching a higher price.” However, striking the right chord each time needs a fair amount of luck. No matter how disciplined and systematic investors are, equity market volatility will always manage to get the better of them. While a few lucky ones rake in the moolah, others fall victim […]
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                        The Next Generation Of Currency Wars: Private Vs. State-Backed Crypto

EC The Next Generation Of Currency Wars: Private Vs. State-Backed Crypto

Recently Russia announced that it will be unleashing a CryptoRuble, just a week after Vladimir Putin strongly criticized Bitcoin and other private cryptocurrencies. When announcing the move, Minister of Communications Nikolay Nikiforov acknowledged that it was in part inspired by the aim of getting ahead of other governments: I confidently declare that we run CryptoRuble for one simple […]
Five Point Holdings Could Fall Suddenly On Lockup Expiration

Five Point Holdings Could Fall Suddenly On Lockup Expiration

November 6, 2017, concludes the 180-day lockup period on Five Point Holdings LLC (Pending: FPH). When the lockup period ends for FPH, the company’s numerous pre-IPO shareholders, directors, and executives will finally be able to sell their more than 37 million previously-restricted shares. Just 21 million shares are currently trading pursuant to the offering. (Source: S-11/A) […]
Stocks And Precious Metals Charts – To The Moon, Alice

Stocks And Precious Metals Charts – To The Moon, Alice

Stocks continued moving higher.  Where they’ll stop, nobody knows. Asia is rolling out the most new stocks in the US since the Alibaba IPO.  Making America great again. And the pundits know plenty of reasons why this is still a good time to buy. Permanent prosperity.  It’s all in your perspective. Have a pleasant weekend.
October 2017; ECRI’s WLI Growth Index Rate Expands Further

October 2017; ECRI’s WLI Growth Index Rate Expands Further

ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. This is compared to RecessionAlerts similar weekly leading index. Analyst Opinion of the trends of the weekly leading indices Both ECRI’s and RecessionAlerts indices are indicating modest growth six months from today. Current ECRI WLI Level and Growth Index: Here is […]
Markets Rally As U.S. Takes Step Toward Tax Reform

Markets Rally As U.S. Takes Step Toward Tax Reform

Video Length: 00:05:35 On today’s edition of Market Week in Review, Rob Cittadini, director, Americas institutional, and Paul Eitelman, senior investment strategist, discussed the latest developments around tax reform in the U.S., including the impact on financial markets. Approval of 2018 budget plan boosts U.S. tax reform efforts Thursday night, the U.S. Senate passed a […]
One Of The Most Overbought Markets In History

One Of The Most Overbought Markets In History

The Dow is trading at one of its most overbought levels in history. At 87.61, its 14-day RSI is higher than 99.999% of historical readings going back to 1900. Out of 30,914 trading days, that’s good for top 10 all-time. Sell everything? If only it were that simple. Going back to 1900, the evidence suggests that such […]