A Great Way To Play Oil Higher Is Through The ETF, XOP

Oil prices (WTI) hit $60 on last week and is now up 30% year-to-day. One week ago, OPEC canceled their planned meeting in April, effectively extending supply cuts that have been in place since January until at least June.  Prices have been further supported by U.S. sanctions against oil exports from Iran and Venezuela.

Two weeks ago, I wrote a post about oil and that the next stop was $63.

Oil At 4 Month Highs…What’s Next???

One way to get involved with oil is through the SPDR S&P Oil & Gas Exploration & Production ETF, XOP seeks to provide investments and exposure to

Attention to “Basic Attention Token”

Since March last year, Basic Attention Token has been moving within a sort of Flat “Falling Wedge” described by the upper and lower trendlines. In its trip, BAT has described a perfect A-B-C-D-E corrective path on which many have been able to “sail” the waves in a predictive manner.

Today, we are attending another “decisive” moment for BAT, approaching again to the upper trendline after rebounding on “e”.

As
you can see in the chart, BAT has also crossed the 200 Days Moving
Average and the 50 Days Moving average seems willing to cross it as
well.

In my opinion, it would be

$BAT Continues the Grind to Higher Prices

Basic Attention Token is one of the larger movers today on the surface in cryptoland. BAT is readily available to US customers as it is iOS approved and can be bought on Uphold and Coinbase. BAT is holding higher and about to make a move into highs over $0.22. I am not sure the reasoning completely behind this move, but I know the chart looks rather strong, like the product itself.

The only browser I use now is the Brave Browser. It is the BEST browser I have come across and I challenge someone to put forth a better browser

Unusual Options Activity In iPath B S&P 500 VIX S/T Futs ETN (VXXB)

So just in a couple of trading days, we had German manufacturing activity growth the weakest in six and a half years.  Across the pond in the US, PMI fell to its lowest level in nearly two years.

Saying on the US side of things, Fed Powell left interest rates unchanged last week, signaling that the US economy isn’t as strong as people thinks.  And for the first time since 2007, the three month bill vs. the 10 year note inverted.

This caused the Dow Jones industrial average closed down 460.19 points, or about 1.8%, to 25,502 and the CBOE Volatility Index

BITCOIN – 26 Mar

Yesterday opinion play out well. Now testing the support zone of 3870.Possible consolidation for awhile on 4hr chart forming possible mini descending triangle. Possible staircase pattern ahead down, with possible 2nd leg testing 3730 zone.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :117
Total marketcap :136
Dominance :50.9
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

Everything into Heist! // Drug Wars

Just wanted to point out a few things about the downward spiral Drug Wars is in.
We all know by now that the game will die completely if there arent drastic changes to its economy.
Finally that realization has hit many people. At this rate, it seems that aprox. every 2 days the reward pool reduces by $100. This will slow a bit but at this rate i give the game 3-4 weeks of life left in it..

That is due to the simple fact that in order for the reward pool to get filled up, you need players to spend STEEM, which is not happening due to the exponentially increasing upgrade price and the limited STEEM user base.

At one point it becomes a much better choice to roll another account then to spend on upgrades. Which most folks wont do since the reward pool is already drained..
The reward pool getting emptied could be slowed down if STEEM had a increasing number of users coming in to spend, which is not the case, not only with STEEM, but everywhere else as well.

If i were to simplify it even more: The guy that set up the economy on Drug Wars was an idiot.
He is not an idiot for making a mistake, anyone can do that. He/she is an idiot for not doing anything about it weeks ago when the problem was pointed out.
Making a mistake doesnt makes you an idiot. Being stubborn, rejecting advice, not doing anything about the problem when its pointed out to you does make you an idiot.

With this emptying of the reward pool happening, eventually Drug Wars reward pool will reach sub $50 daily reward pool and stabilize somewhere around there for some time.
But it will inevitably hit $0 or be shut down by the devs.
If they figure out the economy, and change absolutely everything, that ofc wont happen.


But still, changing everything would require them to let the reward pool drain by itself so the community wouldnt be mad about their STEEM being stolen. When the reward pool is empty, only then can they revamp everything.

Do i have big hopes that the game will survive after that time? No. Do i think the game will ever be as big as it was? No. Do i think theres a chance for them to fix this? Yes.
But then again, theres a chance ill win the lottery on Wednesday. hehe.

Still, Im one of those guys that like to give folks a benefit of the doubt. From what ive seen of the Drug Wars team they really seem to be trying lately.
Dont get me wrong, i think they are dumb as a bag of rocks and completely incompetent but i still believe they are trying and if given enough time they might be able to come up with something.

Some would say Ned and the Steemit.inc team are incompetent as well. But youre getting MIRA, arent you. 😉

Anyways… What i wanted to say is:

If everything remains exactly the same, and you want to get back as much money as you can, PUT IT ALL IN HEIST. The upgrades are exponentially more expensive and players just wont be buying them, which means you shouldnt either.

Or, you can trust Drug Wars team to come up with something that will stop the reward pool from draining, and will make your investment in upgrades more beneficial. Its up to you.

Ill see you around and keep smart… when youre Steeming. 😉

The Quant Levels To Watch On The Russell 2000

U.S. stocks could be in for some more pain following Friday’s rout as trend-following quants unload their holdings.The selling may be particularly painful for U.S. small caps as commodity trading advisers, or CTAs, are set to “flip short” on the Russell 2000 Index by the end of the day, according to Charlie McElligott, a cross-asset strategist at Nomura Securities. As it stands, money managers that follow quantitative strategies are still 50 percent long entering Monday’s trading session, but that should vanish by the day’s end, his models show.

Usually towards the end of the business cycle, rising interest rates hurt smaller

Are you still foolishly ignoring me?

Perhaps you read this post last month: “Ignore my suggestions – at your own peril” in which I discussed the suddenly popular Enjin coin, a very good crypto which I have since shown you is “Still going strong”.

More to the point, I showed you how often I had recommended Enjin coin BEFORE it ever gained overnight popularity and shot upwards in price.

I know that I’ve recommended a lot of cryptos, but there are a lot of good cryptos out there! I have always tried to explain why I recommend any particular coin. Some of them have yet to move – like CargoX which

Crypto Contest March 26: Davinci Coin

Davinci Coin (Huobi: DACBTC) 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, Davinci Coin began a wave one advance on October 17, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 20, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 29 this year. If this wave count is correct, Davinci Coin should be heading next towards the November 2018 peak in the red wave three.

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

Funnymentals

The Davinci Project was initiated to promote exchanges between Korean and Chinese people through