Log in

Day: March 17, 2019

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 3

March 17, 2019 Published by

Will The S&P 500 Make All-Time New Highs In 2019???

Edward Yardeni, who spent decades on Wall Street running investment strategy for firms such as Prudential and Deutsche Bank, predicts stocks will break out to all-time highs this year.

“I’m still sticking with 3100 and feel better about it,” said Yardeni, who noted valuation multiples, low interest rates and inflation is setting Wall Street up for a very good year.

Will The S&P 500 Make All-Time New Highs In 2019??? – Part 2

Price is also approaching the triple top near the 2800 level. The triple top pattern

Ag Analysis Report 3/17/19 – Expect Lean Hog Prices To Continue To Move Higher

March 17, 2019 Published by

U.S. federal agents seized 1 million pounds (454 metric tons) of pork smuggled from China to a port in New Jersey amid fears the meat could contain traces of the African swine fever virus that has ravaged the Asian country’s hog herd.

Humans can’t be infected, but pig populations can be wiped out by African swine fever. China’s hog herd — the biggest in the world — has plummeted as farmers cull inflicted animals.

The U.S. has never had African swine fever, and officials are stepping up efforts to keep the disease out. Any sign of illness stateside could mean that

Was Facebook Worthy Of An Upgrade This Past Week???

March 17, 2019 Published by

This past week Facebook was upgraded by Nomura Instinet with a price target of $215 (just $3 shy of its all-time highs).  On the news the stock price rose to its highest level since August of 2018.

Nomura Instinet cites, the negative press from last year is a tailwind, increased margins and increased regulations will make the company stronger as the reasons for their $215 target.

But is the negative press / scandals from 2018 really tailwinds at this point. Federal prosecutors are conducting a criminal investigation into data deals Facebook struck with some of the world’s largest technology companies. As

Press Release: TutorZ Announced Relocation To The Republic of Liberland

March 17, 2019 (updated March 17, 2019) Published by

Port Hueneme, California, March 15, 2019-TutorZ LLC, a leading nation-wide tutoring market place, announced today the relocation of its main office to the country of Liberland.

https://www.tutorz.com/blog/2019/03/press-release-tutorz-announced-relocation-to-the-republic-of-liberland/?fbclid=IwAR3m9mc6FdzfPisR2NEBTFk5efNYSgEVZHipQiIvaviAPyOhJIe8akOgzdw

Pretty sure most cryptocurrencies are overvalued…. Duh.

March 17, 2019 (updated March 17, 2019) Published by

I have been looking at the crypto market these last few days which led me to the Weiss cryptocurrency report. Anyone that reads my blog knows that im not a fan of a fair number of cryptos. Most of them arent really STEEM competitors but i have a dislike for them due to numerous reasons.
As you can suspect STEEM is listed really high in most of the crypto rankings. (B- on Weiss).
While i agree that STEEM should be high on the list i dont agree with some of the other ratings, but thats not here nor there.

As time goes by, im starting to notice more and more the importance of measuring actual crypto performance in the world.
If you just glance at the Coinmarketcap page and the top tokens in market cap, and check them out, you will realize that most of them have really poor adoption. There are even those used by barely a hundred or so people daily. Dont even need to talk about those with no working product whatsoever.
What about the hundreds of “transaction tokens” or “Privacy coins”? Do we really need Dash, LTC, BCH, BCSV, MONERO, DOGECOIN, DOGECOIN DARK (called VERGE now), BITCOIN GOLD, ZCASH…
I personally dont give a crap if my transactions are private.

I care more about keeping my browser history private then my transactions and account balance.

Vitalik Buterin – 2017.

Some might care, which is fine, but do we need a 100 of these tokens that do essentially the exact same thing? I mean we arent talking here Dapp building platforms where individual blockchain characteristics are hugely important.
I dont care if i can send a private transaction with DASH 13.3 seconds faster then with, i dunno, MONERO. Makes 0 difference to me….
Which begs the question as to why arent we seeing most of these coins falling away into obscurity?

I say Drugs. No other explanation. haha. 😀

Ill see you around.

Crypto Contest March 17: SmartMesh

March 17, 2019 Published by

SmartMesh (Huobi: SMTETH) 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, SmartMesh began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, SmartMesh should be heading next towards the January 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

SmartMesh will build P2P mesh networks that run parallel to the international Internet based on intelligent hardware, software and protocols. You

BITCOIN – 17 Mar

March 17, 2019 Published by

Adjusted the big triangle top, seem like it still fit from previous shadow high. Tested and touched the triangle top now, might still cling along the top next few days and retest the previous support zone 3870 for a possible mini descending triangle. Possible pullback test to around 3500 on triangle bottom.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :139
Dominance :50.8
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

The Sunday Recap – Down the Rabbit Hole 20

March 17, 2019 Published by

​

While Bitcoin traded sideways, many altcoins have begun to move. Trading volume remains elevated. Meaningful? Time will tell. As to the cryptoverse – busy as always. Lots to take-in as projects continue to develop, iterate and expand.

Pick of the Week

​Crypto Bobby discussing the many reasons why blockchain and cryptocurrency has a positive long-term outlook. Not one to get over-excited Crypto Bobby lays out a convincing array of developments that point towards a bright future.

Twitter

Links to a slide presentation by Nic Carter on BTC’s performance as a monetary system (recommended):

Slides from my talk at the MIT Bitcoin Expo. Please overlook the fact that the

Litecoin Still Outperforming the Market

March 17, 2019 Published by

Relative strength is something I speak about often and with good reason!  When a crypto is acting stronger than the broader market, what do you think will happen when the whole market catches a bid?
Litecoin Not Pulling Back Like The Rest
If you look at the chart in this post you can see the positive price action Litecoin has had in recent months.  Higher highs followed by higher lows consecutively.
Over the past week other alt coins that made a run have pulled back, but litecoin has mainly held steady with just a red candle today after a very shallow pullback if

GameStop…Is The Next Blockbuster

March 17, 2019 Published by

I’m assuming you know the whole story about Blockbuster’s demise due to Netflix.  But in a nutshell, Netflix went digital and ended Blockbuster’s physical distribution reign.

Source

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. The company sells new and pre-owned video game hardware; video game software; pre-owned and value video games; video game accessories, including controllers, gaming headsets, virtual reality products, memory cards, and other add-ons.

Do you see where I’m going with this post?

Second-hand games are a multi- billion dollar market.  Yes, GameStop has most of that market share, but the opportunity breeds competition.   Not

Latest Media