Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP Analysis: Quick Update

The bulls have stepped up, pushing bitcoin from $6,600 to $8,150 over the last 48 hours. Currently it’s trading around $8,000.

In today’s video I analyze Bitcoin, EOS, BNB, BAT, ETH, LTC and XRP. I discuss where prices may be heading next, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM ( or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.


If you found

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Dr. Copper Suggests The Equity Markets Are On Thin Ice

I last wrote about Copper one month ago,

Is Dr. Copper About To Breakout??? – Part 3

But the other reason is prices are waiting to see if a US-China deal will be reached.  Thus, the only way to play copper at the moment is to play the extremes and consider anything in the middle as equilibrium.

Whenever, I want to know where the Equity Markets are heading, I look to Doctor Copper. The term Doctor Copper is market lingo for the copper’s ability to predict turning points in the global economy. Rising copper prices imply demand or a growing global economy and

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All Eyes This Weekend On…..Soybean Prices – Part 3

Four months ago, I wrote about Soybean prices moving higher.

All Eyes This Weekend On…..Soybean Prices – Part 2

Well, price is hugging that trend line like a couple in love and finally breached the upper range at $920. The chart is suggesting price will pull back before moving higher to the daily supply at $957.

However, since that time, Soybean prices are at levels not seen in ten years. In recent months, the African swine fever has wiped out 1 million hogs in China, Europe and Southeast Asia which is going to put a dent in soybean demand as that is a

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Intermarket Relative Strength Analysis Report For The Week Starting 5/12/19 – Part 2

Three days ago, I wrote,

Intermarket Relative Strength Analysis Report For The Week Starting 5/12/19

which talked about the major assets classes in the world, relative to the US dollar using just moving averages. Why the US dollar, because it’s still the most powerful currency in the world and   over half of all foreign currency reserves in the world are in US dollars.  The results were the following:

implying that Gold was showing strength relative to the US dollar going into this week.

Gold futures rose on Monday as investors increased bets the economy would weaken enough to cause the U.S. Federal Reserve to

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Metal Analysis Report 5/7/19 – Gold…A Great Position Trade

First-quarter gold purchases by central banks, led by Russia and China, were the highest in six years as countries diversify their assets away from the U.S. dollar.Global gold reserves rose 145.5 tons in the first quarter, a 68 percent increase from a year earlier, the World Gold Council said Thursday in a report.Central bank purchases have been a key support for gold, helping to offset lower demand from bar and coin investors as well as from industrial users of the metal. Gold has lost 1 percent so far this year, and was trading at about $1,270 an ounce in London

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Crude Oil Analysis Report 5-3-19…Is More Downside Ahead???

Oil prices fell as much as 4% on Thursday, breaking through a key support level, as rising U.S. crude stockpiles helped offset concerns about a supply crunch.Crude futures declined despite a wave of geopolitical concerns, including political turmoil in Venezuela and the launch of new American measures aimed at driving Iran’s crude exports to zero.The drop was partly due to the overhang from Wednesday’s weekly report on U.S. crude stockpiles, which showed inventories surging by 9.9 million barrels. The data also showed U.S. oil production ticking up to a record 12.3 million barrels per day.U.S. crude stockpiles have risen in

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Ag Analysis Report – 4/21/19…Is Corn Forming A Bottom???

China is considering a U.S. request to shift some tariffs on key agricultural goods to other products so the Trump administration can sell any eventual trade deal as a win for farmers ahead of the 2020 election, people familiar with the situation said.

Another person said China would consider shifting the tariffs to make it easier to meet a proposal to buy an additional $30 billion a year more of U.S. agricultural goods on top of pre-trade war levels as part of a final deal. Last July, China had levied punitive tariffs on American goods including soy, corn, wheat, cotton, rice,

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Natural Gas Analysis Report 4-19-19…Price At Three Year Lows…Now What??

The spike in price came out of nowhere and in the process several hedge funds and pension funds suffered major losses. One hedge fund making major headlines was James Cordier, of His hedge fund blew up and he lost all of his client’s money selling naked calls on natural gas futures when price shot up nearly 20% in a single afternoon.

Natural Gas Analysis Report 11-29-18…Price Pauses At The Monthly Demand…Now What??

I honestly thought, price would move higher before it moved lower in the near future due to price momentum, natural gas lower than expected inventories and winter is just

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Is Dr. Copper About To Breakout??? – Part 3

Yesterday China officials reported that their economy grew slightly faster than expected in the three months to March.  The economy expanded at 6.4% in the first quarter from a year earlier vs. the forecast of 6.3%.  In additional, factory output jumped 8.5% in March.

China is taking a “by any means necessary” approach to boost its slowing economy, but don’t call this a comeback yet. I mean it was only one quarter, for that matter the whole world has been on fire to start the year.  Nevertheless, the news was enough to send the copper prices to a 10 month high

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The Oil Chart Suggests Goldman Sachs Might Be Right

“We don’t think you’re going to get back to those $80 levels again, so you’ve got some modest upside here,” Goldman Sachs’ head of commodities research, Jeff Currie, told CNBC this week. “While the macro risk-on environment and the threat of disruptions may drive spot prices even higher, we still expect that prices will decline gradually from this summer as shale and OPEC production increases,” they concluded. “With large spare capacity in OPEC and the Permian basin and a wave of long-cycle projects still expected to come online in 2020, we maintain our $60/bbl forecast for next year.” Goldman

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