3 Blockchain ETFs To Play The Blockchain Mega Trend
Since we launched our blockchain (stock) investing research service last month we got many questions from readers. There seems to be a lot of interest in blockchain ETFs which are a very defensive way to play the blockchain trend. Though the blockchain industry is very immature we already see the first blockchain ETFs come online. Apart from […]
WTIC Crude Oil Hovers Above Major Support
I last wrote about WTIC Crude Oil on December 26, 2017. The following monthly chart shows that /CL has since rallied to retest its bearish moving average Death Cross apex at $65.00 and is hovering above that price, as well as its 50-month moving average. If $72.00 is, indeed, in the cards, as I described in the aforementioned post (or even higher to retest $75.00 price resistance), it’s […]
Edenor – Chart Of The Day
The Chart of the Day belongs to Edenor (EDN) – Empresa Distribuidora y Comercialzadora Norte. I found the Argentine electric utility by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 12/7 the […]
Interest Rates Rise With A Falling Dollar, The Perfect Storm
The S&P exploded passed the expected move for the third week of the year. Nowhere in recent history, up or down, has there been such inefficiency in the market. Watch this crucial weekend video newsletter update to find out why the market is inefficient and what the opportunities are for you to protect your gains […]
Why Bitcoin Is Not A Real Currency
There are approximately 1,500 different cryptocurrencies on the market right now for trading with a combined market capitalization of $560 billion. BTC makes up a large portion of that value, about 35%. The problem with labeling cryptos as currencies is that they are not actually currencies in the traditional sense. They function more like digital assets […]
Gold Prices Fly As USD Slides- FOMC, NFP To Drive February Open
Fundamental Forecast for Gold:Neutral Gold prices set monthly opening-range just below structural resistance Gold prices rallied this week with the precious metal up more than 1.5% to trade at 1366 ahead of the New York close on Friday. The advance comes amid continued weakness in the greenback with the DXY (Dollar Index) down more than 2.2% to mark […]
E SPX Suggests Rally May Be Over
VIX performed an inside consolidation, closing above Long-term support at 10.83 and on a buy signal. The calm may be broken. A breakout above the Ending Diagonal trendline suggests a complete retracement of the decline from January 2016, and possibly to August 2015. (Bloomberg) Just as the rapper Curtis Jackson III captures attention for […]
Week In Review: Luye May Stage $500 Million Singapore IPO Of Healthcare Assets
Luye Medical, the healthcare arm of Luye Life Sciences, is considering an IPO in Singapore that could raise as much as $500 million (see story). The company has assembled a portfolio of businesses, largely through M&A, consisting of hospitals, clinics and diagnostic services that spreads across China, Australia and Singapore. It is based in Singapore. Luye Pharma (HK: 2186), which is also part […]
