Gartman Alert! “We are LONG of Equities…”

Hopefully this becomes a significant pattern of posts that will help everyone on fintwit, TIMM, and steem in the future. These will be known as “Gartman Alerts”
Here is the backstory…I have been following fintwit twitter for multiple years now and I honestly believe this correlation has stayed in tack for over 3 years. I beleive it work greater than 90% of the time and there are many that can vouch for this. The talking heads on TV are put on TV just to talk, they likely know less than many that just type in front of a keyboard and tweet

Crypto Contest February 5: Metronome

Metronome (Bittrex: METUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in

Crypto Contest February 5: Metronome

Metronome (Bittrex: METUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Metronome began a wave one advance on December 13, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 7 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 28. If this wave count is correct, Metronome should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Metronome is focused on making greater decentralization possible and delivering institutional-class endurance. BlockWolf covered the token back in

Ripple – we need to talk : Unofficial Part 4

This post wasn’t planned, but I’ve just stumbled across something too good not to share!

From [Public domain], via Wikimedia Commons

Having only completed my “Ripple – we need to talk” series two days ago, the temptation to make this impromptu Part 4 was too large to resist.

Remember back in Part 2 I discussed the Ripple team? The team with the ultra dodgy past of working for banks and large multinationals? Well this guy is one of them, more specifically, he’s the Ripple CTO:

From https://ripple.com/company/leadership/#david

Remember how I said that Ripple isn’t even a cryptocurrency? Remember how I hammered it for not

Ripple – we need to talk : Unofficial Part 4

This post wasn’t planned, but I’ve just stumbled across something too good not to share!

From [Public domain], via Wikimedia Commons

Having only completed my “Ripple – we need to talk” series two days ago, the temptation to make this impromptu Part 4 was too large to resist.
Remember back in Part 2 I discussed the Ripple team? The team with the ultra dodgy past of working for banks and large multinationals? Well this guy is one of them, more specifically, he’s the Ripple CTO:
From https://ripple.com/company/leadership/#david
Remember how I said that Ripple isn’t even a cryptocurrency? Remember how I hammered it for not

Unusual Options Activity In Pitney Bowes

Pitney Bowes Inc. offers customer information management, location intelligence, and customer engagement products and solutions in the United States and internationally.  The company provides commerce solutions in the areas of ecommerce, shipping, mailing, and data.  For example, their solutions help small businesses compare package rates between carriers to best meet their customer requirements and deliver like the big guys.

Today I noticed unusual options activity in Pitney Bowes.  In particular there was of ton of put option buying at the $6 and $7 strike price that expires on February 15th.  Thus, there options are considered very short dated options that expire

The Death of ICOs?

Of ICOs we might take heed of the words of Robert Frost
Take care to sell your horse before he dies. The art of life is passing losses on. 
Entertaining quote aside, the Death of ICOs has been somewhat over-played.  Do I currently invest in ICOs? Absolutely not (aside from Trybe which is a special case with an actual product – us). Do I spend hours searching for the next great ICO? Nope. Have I  done so in the past – yes and yes. Am I generally out of the market for ICOs of any make shape or form? Yes, for now.
At this moment

The Death of ICOs?

Of ICOs we might take heed of the words of Robert Frost
Take care to sell your horse before he dies. The art of life is passing losses on. 
Entertaining quote aside, the Death of ICOs has been somewhat over-played.  Do I currently invest in ICOs? Absolutely not (aside from Trybe which is a special case with an actual product – us). Do I spend hours searching for the next great ICO? Nope. Have I  done so in the past – yes and yes. Am I generally out of the market for ICOs of any make shape or form? Yes, for now.
At this moment

The Death of ICOs?

Of ICOs we might take heed of the words of Robert Frost
Take care to sell your horse before he dies. The art of life is passing losses on. 
Entertaining quote aside, the Death of ICOs has been somewhat over-played.  Do I currently invest in ICOs? Absolutely not (aside from Trybe which is a special case with an actual product – us). Do I spend hours searching for the next great ICO? Nope. Have I  done so in the past – yes and yes. Am I generally out of the market for ICOs of any make shape or form? Yes, for now.
At this moment

Word on the street is…

The price of BTC is driven by market sentiment.

That’s not the word on the street, that’s just a reminder of the basics of how markets work.

Word on the street is that BTC will move sideways during 2019.

From https://pxhere.com/en/photo/1396126 , shared under CC0

How do I know this?

Metadata. For those who may be unsure of exactly what “metadata” means:

“Data that describes other data, serving as an informative label.”~ https://en.wiktionary.org/wiki/metadata

You could think of me as a human data filter. Every day I siphon new crypto knowledge in, I process it, and then I spit out the results.

I’ve been siphoning up rather a lot