Lukaku Newly joined team Inter Millan has now topped their League ans they could be a treat to Juventus at the top there. They went up to secure that position after a nice win over Lazio yesterday. Inter Millan dropped Lukaku but still won their match with a 1-0 win. They took the lead in the first half. Lazio did all that they could but it didn’t happen. Inter Millan is the favorite now after winning all their 5 matches they have played in the Seria A. Lazio on the other hand had 2 clear chance that they could have converted it into the goal post but couldn’t and made Inter took home the 3 points. Well done.
Good morning everyone, How are you all doing? Hope all is well. Today is another day for sports. It on Manchester United. Yesterday was a lucky day for the Red Devils as their goal keeper Sergio Romero helped them to stay in the Carabao cup after not being able to score the league on team Rochdale. The coach of Manchester United always do this mistake that I always talk about. The team is not good and we all know you have to build your players. This is not the time for the coach to build players whiles the team is not good. If you meet small team and you try to play the players you are trying to build it doesn’t go well of you so play you senior players win the game once and for all and avoid every disgrace. Like what happened between United and Astana last minute goal from Greenwood help United this one too Penalties help United. So if about time the coach will learn something from it and make good decisions. Lets continue in my next post.
I bought some shares of Square Inc. $SQ today. I have liked this stock since it was in the teens, and I missed the first boat. I am not going to miss this one. This stock has pulled back to major support and has essentially gone nowhere since Q1 of 2018. It is now going sideways and this is how you buy the bottom folks.
If it doesn’t hold major support and drops it longer than 48 hours then you sell. If it does, then we are in some business.
Ever since I saw those iPads I knew this was going to be big. Now it is the best and easiest place to buy bitcoin. Bullish!
ZRX seen from the 1W temporary we can see how the price is showing a big bullish push after the slow decline that was pronounced towards the support located at 0.00001473 which is marked on the graph by the black horizontal, the closing of the previous candle has been a powerful bullish candle, while the development of the current candle remains bullish, despite the sharp fall in the price of BTC, this is a good signal for this currency, should meet without problems our objective located within the price range of 0.00003857 – 0.00004275 which I have indicated on the chart above by a light blue rectangle.
ZRX seen from the temporality of 1D we can observe more closely the current structure of candles, has been impressive vertical rise that has given the price in previous days, currently could be forming an upward pattern known as flag, which according to the theory should conclude with a continuation bullish, in the graph I have indicated by means of a triangle red color the possible figure that should form, we still cannot determine it because we need that the price form us an HL to locate the exact support of the figure, inside the triangle I have drawn the possible trajectory that could follow the price during the development of the figure with minima every time higher we would have a continuation in direction to the rise.
In conclusion, ZRX “exploded” 1 week ago and I haven’t been able to locate it in time between the sea of opportunities in the markets, however, the area of supply has not yet been tested so it still has a good percentage of profits ahead, its current movement is quite good despite the blow that has given the BTC movement, we could anticipate that its movement will not be affected over the next few days, still recommend to be very attentive to the action of the price in 1D to avoid possible invalidations.
As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.
We saw some major buying off the lows today ladies and gents. A lot of names were holding tight and have now put in some hammers. Does this resolve higher and is this a buying opportunity? Time will tell. All I am saying is do not be bearish because the media is bearish. Yes growth is slowing but can we rip to all time highs? Definitely.
We are one tweet away from all time highs and tech ripping higher. It’s hard to be MEGA bearish above a rising 200 day MA which you can clearly see, that is where we are right now.
Please click the link below to listen to the 55th episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Consider dropping a like and or a review on iTunes or Podbean if you enjoy the podcast. Comments and critiques welcome.
Two Minute Crypto – BTC Price and Rate Cuts – A Heavenly Match?
Welcome to Two Minute Crypto. Today’s episode examines whether recent macro trends in global central bank policy will have a discernible impact on Bitcoin.
For the first time in Bitcoin’s history major global currencies have re-started rate cuts with further cuts generally expected in the coming months. Interest rates are already at or near historic lows but the new normal seems to be onwards and downwards. The FED just cut rates for the second time in three months. The ECB went further into negative territory and revamped their long-running Quantitative Easing program to the tune of $20 billion per month. A slew of other central banks such as those of South Korea, Australia, and New Zealand are also cutting rates. In addition, the FED has been repeatedly forced to pump money into overnight lending markets in order to maintain liquidity – something which hasn’t occurred since 2008. To this add a president vocally calling for zero rates or lower and the IMF publicly researching the viability of long-term steep negative interest rates.
Does any of this improve the outlook for BTC? Well, despite a lack of firm evidence to date and the recent sell-off, I would argue, yes. At the very least we are entering a period of time where one of the key market propositions of BTC will be tested – provable scarcity. We all know that BTC is limited in both minting (mining) and in absolute terms. This quality of scarcity has no doubt been pivotal to Bitcoin’s appeal and success over the past decade. However, we are now entering an era where rate cut by rate cut, the contrast between a provably scarce asset such as Bitcoin should become increasingly obvious and perhaps compelling from a long-term investment perspective.
Does this guarantee a spike in value over the coming months? Impossible to say, ever lower rates may continue to prop up other asset classes leading to further highs and a slackening of interest in cryptocurrency yields.
Nonetheless, it does offer the engaged investor an opportunity to examine whether a correlation between central bank policy and BTC price will emerge. I believe it does and it will but only over a multi-quarter – multi-rate cut cycle. At the very least, it’s worth watching for such a price relationship to emerge or indeed be disproven. I’m guessing I won’t be alone in doing so.
5G ((short for 5th Generation) is the next generation of mobile communication. 5G brings three new aspects to the table: greater speed (to move more data), lower latency (to be more responsive), and the ability to connect a lot more devices at once (for sensors and smart devices). 5G will be a whole new kind of network, enabling new experiences that will change how we live, work, and play.
Equity analysts Kyle McNealy and George Notter have just come out with a recommendation for investors to buy Apple, and a target for shares to rise to $260. They say Wall Street fails to appreciate how much the company stands to benefit from fifth generation cellular network technology, which basically promises faster data connection
“In our view, current expectations for Apple’s first 5G iPhone lineup are too low. They underestimate Apple’s competitive position for 5G devices,” they said.
They expect better iPhone sales than Wall Street, where current consensus forecasts call for 190 million iPhone units sold in fiscal year 2021 — seen as a big year for 5G devices. That’s 9% below the 6-year unit shipment average for iPhone product cycles, said the analysts, who expect sales of 208 million for 2021.
But this post isn’t about Apple, it’s about Viavi Solutions.
While widespread 5G use isn’t a household name yet, engineers are beginning to move parts and subsystems into characterization, validation, production, and deployment. And that were Viavi Solutions comes into play.
Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military, and avionics customers worldwide. And it just so happens to be 1 of 2 players in the space that makes 5G testing gear.
Viavi Solutions Inc. announced their first quarter earnings a couple of weeks ago. Viavi Solutions Inc raised their revenue guidance from a range of $273 million to $293 million to a range of $282 million to $294 million; and raised their earning per share guidance from a range of 14-16 cents to a range of 15-17 cents. In addition, the company approved a stock repurchase program for up to $200 million of the company’s common stock.
So if you believe in 5G, here’s an opportunity to ride the wave with a company with only a 3.5 billion market cap. So how does one get on board, well lets go to the charts. The weekly demand at $13 is all used up,
so if price gets down to the weekly demand at $10.50, the chart suggests to take it long.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
Bank of Japan Governor Haruhiko Kuroda expounded the virtues of negative interest rates Tuesday in comments that will keep market players on high alert that the central bank will take action in October.
Speaking days after a BOJ meeting that raised expectations for additional stimulus to come next month, Kuroda said he was still closer to taking action than he was in July.
“I don’t think we need to rule out cutting negative rates as a policy option at this point,” Kuroda said to reporters in Osaka, following a speech to local business leaders there earlier in the day.
Economists and BOJ watchers are still trying to gauge whether last week’s call for the review is more a signal of looming action or more a delaying tactic.
I think BOJ will lower rates, just like the ECB, the US, Bank of Australia, Bank of New Zealand, Bank of Indonesia and many others are doing as they all face a slowing global economy. However, although all those other currencies are dropping in value, with the exception of the ugliest prettiest dude at the party, the US Dollar, I anticipate the Yen to continue moving higher.
Like the Swish Franc, the Yen is also safe haven currency as well. However, because Japan is such a large exporter, over many decades of account surpluses, it has become the largest net creditor to the world. So during times of uncertainty, capital flows out of other currencies and into the Japanese yen, causing it to strengthen.
So where is the Yen headed next, lets go to the charts?
Monthly Chart (Curve Timeframe) – monthly supply is at 0.0103 and monthly demand at 0.00805.
Weekly Chart (Trend Timeframe) – the trend is sideways with upside momentum.
Daily Chart (Entry) – the chart suggests to go long if and once price breaches the daily supply at 0.00912.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
Yesterday Tottenham played their EFL match against Colchester United and lost their match. It is very sad to see Tottenham lost a match against this England League 1 or 2 team. Everyone taught this was an easy win for Tottenham but they really disappointed us all crushing alot of bet. They played draw with the team and head over to a penalty shootout which resulted in a 4-3 in favour of Colchester. Others will say this is not the first time to see Colchester knocking out an epl team but looking at the team they knocked out during those days and looking at Tottenham a team who went for Champions League finals it is very sad. Nice game though better lack next time Tottenham.
The start of the Season for Barcelona has been a poor performance said by Barcelona Defender Pique. He continue to say that the reason why some of their players are facing all these injuries is because of the pre season matches they played which has made them lose more matches and also been getting most of their key players in injury. They saw this coming but they had nothing to say about that because they have no voice to talk and now look at what is happening but he hope that Messi hwt back on his feet as soon as possible. Now they are forced to win and also is not that if Messi is not there, there wont be any replacement. There will be but it wont be up to the standard they want so all they wish is a speedy recovery for their player Messi.
