Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide and operates in four segments: Energy & Chemicals; Mining, Industrial, Infrastructure & Power; Diversified Services; and Government.
Fluor Corp announced their first quarter earnings this past week and the stock price plummeted almost 25% toward a near 11-year low, while suffering their biggest-ever one-day drop, after the engineering, reported an unexpected loss, revenue that missed expectations, provided a downbeat outlook and after the chief executive had stepped down.
Profit and investor confidence in the engineering and construction company has been
Have you ever hear of OnePageX? Well if you haven’t I am here to show you one of the absolute EASIEST ways to transfer and exchange your cryptocurrencies. OnePageX offers one of the fastest ways to swap cryptocurrencies and adds new cryptocurrencies weekly. One of the hardest things for new cypto users is to be able to move coins from one cryptocurrency to another. This is huge and I am going to show you one of the most utilized reason that OnePageX is a great option.
OnePageX allows you to exchange your tokens and process the transaction on ONE PAGE.
On 4hr chart, testing 5570 support. MA closing in, might turn around and head towards the channel bottom around 5150 zone. Price feel very reluctant to move down. Margin short passed 30000 resistance. Stoch and price bear divergence on daily.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :181
Dominance :55.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
While Beyond Burger made noise going public this week, Shake Shack made some noise of their own.
Shake Shack announced their quarterly earnings this past week. Despite operating expenses increasing 1% of revenue year over year, the Markets reactive positively to the numbers.
Shake Shack posted net income of $3.6 million, or 9 cents a share, compared with $3.5 million, or 13 cents a share, in the comparable year-earlier period. Revenue jumped to $132.6 million from $99.1 million, while same-store sales gained 3.6%. In addition, Shake Shack raised their full-year revenue guidance by $6 million and increased its expected same-store sales growth
COVA (Huobi: COVABTC) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, COVA began a wave one (leading diagonal) advance on March 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 17, and the red wave two (blue sub-waves a-b-c) correction ended on May 4. If this wave count is correct, COVA should be heading next towards the April 17 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
COVA protocol is a new addition to the internet protocol suite that creates a web of secure
There is no doubting that people have become quite tribal and patriotic to their selected cryptocurrencies. The original ‘civil war’ between Bitcoin and its fork Bitcoin Cash proved this. Many believed that BTC was no longer the real thing and jumped to a blockchain with bigger blocks, defendeding it vehemently.
This tribalism stems from what cryptocurrency can offer. It is a tool that has the potential to allow people to ‘move off the grid’ and become sustainable in an all together new economy that does not rely on banks, regulators, governments or other legacy institutions.
This utopic – or dystopic? – future seems a little out of the realms of possibility as it currently stands. Bitcoin and related cryptocurrencies have, for the most part, realised that for adoption they need to be in line with regulators; but, there are areas, valleys, towns, and even cities looking to go full crypto on their own.
When I visited some early bitcoin startups in Hong Kong five years ago, they were unanimous about their biggest challenge: finding a bank that would let them open an account.
It wasn’t that local banks were especially worried about this little-understood new industry. The issue was that compliance-obsessed correspondence banks in the U.S. were demanding that their counterparts in the territory apply an especially high “know-your-customer” standard for bitcoin businesses. Since Hong Kong banks couldn’t live without a dollar lifeline from New York, the path of least resistance was to say no.
That situation was a lesson about how the dollar’s reserve status leaves U.S. financial institutions, and the Washington regulators whose guidance they heed, exerting profound worldwide influence – in this case, constraining innovation, wherever it was happening.
The United States District Court of the Southern District of Florida issued an order on May 3 requiring self-proclaimed Satoshi NakamotoCraig Wright to produce a list of his public bitcoin (BTC) addresses.
The order is part of an ongoing case against Wright filed by the estate of computer scientist David Kleiman, which claims that Wright stole hundreds of thousands of BTC. The coins were worth over $5 billion dollars in February last year, when Kleiman’s estate first sued Wright.
The order illustrates a number of the plaintiffs’ requests. They ask the court to order Wright to produce a list of the public addresses of bitcoin he owned as of Dec. 31, 2013, make him identify all bitcoin allegedly transferred to a blind trust in 2011 and produce documents related to said trust.
While markets have looked bullish this week following a sharp surge May 3, traders need to watch out for a correction in the next few days. This pullback will shake out the weak hands and will differentiate between different digital currencies. While some will lose only a part of their recent gains, others will plunge towards their lows again.
The stronger ones are likely to lead the next bull market in cryptocurrencies. Therefore, traders should buy strength after the pullback ends. If our assumption is correct, the current fall should offer a great opportunity to buy for the long-term. Our view will be invalidated if cryptocurrencies give up all the gains made over the past few weeks.
A survey by financial consultancy firm DeVere Group shows that 68% of high-net-worth individuals across the globe will have invested in cryptocurrencies by the end of 2022. One of the major reasons for investing in cryptocurrency is their borderless nature, which makes the assets available across the globe.
New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds.
Released today on Twitter by known company shareholder and over-the-counter trader Zhao Dong, a 3-page “marketing document” details the specifics of how the sale might ultimately take place, while noting throughout that it is not intended to be legally binding.
For example, the document makes explicit that it is “not a white paper,” meaning it does not provide technical specifics including which blockchain or blockchains the new cryptocurrency for sale will trade on, or the cryptographic specifics of how its code will enable peers to move and transfer funds.
“After months of hard work we are finally ready to launch the official BEAT App!”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
All is in the title, BTC is current testing his short term highs and we should have soon a Break Out but on the STEEM level, it is the opposite. You can see clearly on the chart that we are testing the lows and that if we break these lows, we will go directly to 0.31$. Cmon STEEM, react !
Wayfair provides a variety of websites that offer an extensive selection of home furnishings and decor across all styles and price points. In addition to Wayfair.com, other websites it runs include Birch Lane and Joss & Main.
Wayfair reported first quarter earnings last week that beat revenue, but not earnings Wall Street expectations. Wayfair reported an earnings loss of $1.62 / share on revenue of $1.94 billion, a rise of 39% from the year-ago quarter.
Wayfair’s stock dropped 7% following the e-commerce-focused home furnishings retailer’s release of its first-quarter financial report. Wayfair reported strong top-line growth of 39%, with direct-to-consumer
After one takes enough trades, the results will follow a normal distribution where the probability of those returns will move between the mean and three standard deviations, either positive or negative, is approximately 99.7%. This means that the probability of returns moving more than three standard deviations beyond the mean is 0.3%. The fat tail theory states a very small percent of your trades will move beyond three standard deviations.
Source
A simpler version of the fat tail theory is Pareto’s Rule. The Pareto principle (also known as the 80/20 rule, the law of the vital few) as it relates to trading
Couple days back I spoke about the price of Litecoin and how it’s knocking back and forth at this 75 level, a former support then resistance now maybe support again.
Any one have a quarter I can flip?
As you can see in the chart price is right at that level as I type this and I’m going to take a gamble. The reason I say gamble is there really isn’t a clear entry signal.
Basically we just got a little stair step up above the level again and now price is either preparing to stair step up again or go back below
On 4hr chart, clinging on consolidation along the channel top. Possible pullback and retest again to form double top around 5800 zone resistance. stoch and price bear divergence. On weekly, TD13 possible reversal ahead.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :118
Total marketcap :182
Dominance :55.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
