The Government is now open – for 3 weeks at least. It took over 30 days for the shutdown to cease and the market rallied +10% during that time, a record. Oh the irony. US Markets have come a long way off the lows essentially in a straight line. The buy was on Christmas Eve, the buy is NOT now.
US Markets have put in a hanging man candle and essentially closed flat on the week. I am looking for a reversal candle in the near future. IF, and this is a big if, we do not get a reversal and we
Hectic week, there are reams of tweets and articles strewn on the cutting floor. However, if there was one key personal take away from this week in crypto, it would be that smart contracts have a very long way to go before being fully ready for widespread business adoption. Truthfully, I thought we were further along but having listened to the CEO of Chainlink discuss the current state of play I’ve had to reset my expectations for smart contract deployment in the broader economy. It will still happen but further out.
I also found myself re-evaluating the status and role of
Five months ago, I talked about the halo effect Oprah Winfrey was having on Weight Watchers,
The Oprah Effect Strikes Weight Watches
Nevertheless, due to the Oprah Effect, the stock price of Weight Watchers is up a staggering 1000% since Oprah took a stake 10% in the company some years back, became a board member and become the face of the program, and appear in ads and commercials.
So on Friday, when I saw the price stock in the $30s I had to investigate. In March of last year, Oprah made $110 million by selling 2 million shares in Weight Watchers…that was a
President Vit of Liberland has been invited to be a guest speaker at the E-Business Conference by GS1 held in Iran: http://event.gs1ir.org/en/home
Date: 27 – 2 May, 2019
Venue: International Conference Hall of the Islamic Republic of Iran Broadcasting
About the conference:
This event will act as a platform to introduce, motivate, and engage the network of industry experts who have been practically exposed to the themes of our Conference. This event is programmed to include four main pillars: Internet of Things, Blockchain, E-Commerce, and SP Startup Event.
On 4hr chart pullback testing the mini ascending triangle breakout 3580 zone. Might head down to test channel bottom around 3520 as margin shorts are picking up. As long as the channel bottom holds, still valid for short up trend.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :120
Dominance :52.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Just awhile ago i saw this super Looooooooonnnnnnnngggggggg shadow candle. Made super new low on binance even lower than bittrex 575 arghhh i wished i had orders set for it. Current new low 110 sats per steem. Someone/group just sell 750k steem on binance. Maybe it’s from steemit, remember they had the 2.6mil steem 1st batch power down. Batch 2 of 2.6mil steem releasing tml. Initially i thought it’s a fat finger trade, on second look maybe the someone/group just want to cash out. Thank to that now my charts are skewed -_-
Memetic (Bittrex: MEMEUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Memetic began a wave one advance in December 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Memetic should be heading next towards the December 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Memetic is a Proof of Stake cryptocurrency platform for the Kekdaq decentralized exchange and IPFS meme storage platform.
McCormick (NYSE: MKC) manufactures, markets, and distributes spices, seasoning mixes, condiments such as Zatarain’s, Lawry’s, Old Bay Seasoning, French’s, Frank’s Red Hot, Mojave Foods, Cattleman’s.
McCormick announced fourth quarter earnings on Thursday and reported sales of $1.50 billion vs expectations of $1.55 billion and earnings per share $1.67 vs expectations of earnings per share of $1.70. McCormick cited higher marketing and freight cost and weakness in Asia and Europe as some of the reasons for the lowered numbers.
NOTE: had it not been for their acquisition of the Frank’s and French’s brands in the summer of 2017, sales and earnings would have
Been awhile since I posted about Bitcoin and with reason. Price has been flatlined of late as we just muddle along in the middle of a range.
Range Bound and Hopefully Not Down
Until we see upside above about 4,200 there really isn’t much to talk about on the upside. Looking at the chart below you can see we kind of flattened out at the bottom part of the last little move higher and are just riding right on the edge of it.
Hopefully this price level maintains otherwise we are likely to test that low near 3,100.
Guess we have to just wait
Been awhile since I posted about Bitcoin and with reason. Price has been flatlined of late as we just muddle along in the middle of a range.
Range Bound and Hopefully Not Down
Until we see upside above about 4,200 there really isn’t much to talk about on the upside. Looking at the chart below you can see we kind of flattened out at the bottom part of the last little move higher and are just riding right on the edge of it.
Hopefully this price level maintains otherwise we are likely to test that low near 3,100.
Guess we have to just wait
