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Bitcoin Looking For A Short-Term Recovery

Bitcoin Looking For A Short-Term Recovery

Bitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move. The digital instrument is correcting the cycle from 03/18 low in 3 waves as a Zigzag structure  which reached the 100% – 161.8% Fibonacci extension area $8093 – $7520 from where […]
5 Value Oil Stocks To Buy As Sector Outlook Improves

5 Value Oil Stocks To Buy As Sector Outlook Improves

Even as stocks were suffering from trade-related tensions last week, one key sector was steadily notching up gains. While all other key sector SPDRs of the S&P 500 incurred losses over the last five trading days, the Energy Select Sector SPDR (XLE) gained 2.6% over the same period. Analysts feel that this long-neglected sector is […]
Twitter Caught In “Fibs”

Twitter Caught In “Fibs”

Twitter (TWTR) is stuck in between two long-term Fibonacci retracement levels (after nearly tagging and retreating from the 40% Fib) and a downtrending channel, as shown on the following monthly chart. Momentum had been building since mid-2017, but was capped in mid-February. It is 29% lower than it was at the close of its first week of its IPO (November 7, 2013), […]
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                        Opportunities In A Wrecked Shipping Industry: LNG Carriers

E Opportunities In A Wrecked Shipping Industry: LNG Carriers

This article is Part 2 in a 3 Part series about the investment opportunities in shipping.
ECRI Weekly Leading Index Update – Tuesday, March 27

ECRI Weekly Leading Index Update – Tuesday, March 27

Friday morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 149.5, down 0.2 from the previous week. Year-over-year the four-week moving average of the indicator is now at 3.23%, up from 3.14% last week. The WLI Growth indicator is now at 5.5, down from the previous week. “Up […]
Twitter, Inc Social Media Giant Bans Cryptocurrency Ads

Twitter, Inc Social Media Giant Bans Cryptocurrency Ads

Starting March 27, Twitter will no longer allow advertisements of cryptocurrencies on its platform. The social media network announced the ban on adverts for initial coin offerings (ICOs) or sale of cryptocurrency tokens on Monday, and immediately sent bitcoin’s value below $8,000. In a statement, the company said it was committed to making sure that its community […]
The IRS Letter You Should Dread

The IRS Letter You Should Dread

I knew the letter from the IRS sitting in my mailbox was bad news just from the color of the paper. It was not light green, the color of a refund check from the United States Treasury. Instead, it was white, warning that it contained some sort of demand, audit notice, or threatened legal action. […]
Gold Is Near Its Highest Level In Five Weeks

Gold Is Near Its Highest Level In Five Weeks

Gold is near its highest level in five weeks, affected by the decline of the dollar index according to the inverse relationship between them, amid the negative pressure on the levels of the dollar in addition to the recovery of Asian stocks. Gold prices fell by 0.48% to reach $1350 per ounce, after hitting a […]
US-China Trade War Dissipates: 3 Solar Stocks In Focus

US-China Trade War Dissipates: 3 Solar Stocks In Focus

The U.S. stock market took a hit last week as chances of a possible trade war between America and China were rife. However, on Mar 26, possible talks between the United States and China over tariffs and trade imbalances started making the rounds. This helped the Wall Street gain some lost ground. What Led to […]