Gasoline Analysis Report 4/12/19 – Are We At The End Of The Bend In The Trend???

The current price of an average gallon of regular gas nationwide is up 35 cents in the past six weeks.  According to gas price research company GasBuddy, the average price of a gallon of regular gas has reached $2.58, which is the highest price since November.

Gasoline is a derivative of oil, so as oil prices rise, which is up over 30% YTD, so does gasoline, which is up almost 50% YTD.  However, gasoline prices are also seasonal.  In late February routine refinery maintenance season begins. 

Then in mid-April refiners changeover from producing “winter blends” of gasolines “summer blends.”  Thus, there

Motley Fool Got 1 Out Of 3 Right

A recent Motley Fool article title,

3 Stocks You’ll Be Glad You Bought in 30 Years

had the following to say about Square, Five Below and Wayfair:

There are plenty of stocks that have turned a meager sum into six figures or more over the last 30 years. It can seem a daunting task to figure out what the next wealth-building stock is going to be, but I have found that the signs of tomorrow’s great companies are always in plain sight.Multibagger stocks usually show two essential traits: fast revenue growth and an enormous addressable market to grow into. Three stocks that are

What Does Bitcoin Have To Do With The Guppy???

The Guppy Multiple Moving Average (GMMA), developed by Daryl Guppy, an Australian trader is a technical indicator that identifies changing trends.  The GMMA combines two groups, a short-term and long-term set of moving averages with different time periods.

Another great feature of the GMMA is its ability to detect the strength of the trend. If the separation of the moving averages are wide, you typical have a strong trend. 

If the separation of the moving averages, typically denotes a weak trend.  

Lastly, no trend is denoted by the moving averages being flat/horizontal.

Bitcoin’s “super guppy” indicator has turned green for the first time

Wanna See What A Measured Move Looks Like? $DIS to 180+

Disney is rocketing forward this morning on news about a new streaming service that will be offered. Disney was always in a great position owning ESPN if they would ever put their politics aside and move forward with advancing their company! Well it looks like we may have found this answer. I have had this measured move mapped out for multiple weeks now, if not months (disclaimer: I have not touched these lines). Take a look…

DIS has traveled out of the financial crisis and pullback in 2011 from 20…to 100-110ish. With this FOUR AND A HALF YEAR BASE of consolidation

Unusual Options Activity In Encana Corporation

On Wednesday, the Energy Information Administration reported U.S. crude oil stocks rose more than expected to the highest level in nearly 17 months.

On Thursday after OPEC said they may raise output in July if Venezuelan and Iranian supplies fall further and prices keep rallying.  That news was enough to send oil price down a little over 1%.

Despite the news, that didn’t stop the Smart Money from gobbling up over 55,000 May $8 calls yesterday in Encana Corporation.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company

Forex $1 MM Challenge – Trade #10 (4-11-19) Sold EUR/SGD

At an ECB Press Conference yesterday, President Mario Draghi was shy about possible further stimulus to prevent the region from slipping into recession.  He also talked about the additional risks to the EU if Trump moves forward with his tariffs on $11 billion worth of European Union goods.

Monetary Authority of Singapore measures the Singapore dollar against a basket of its counterparts, adjusting the pace of appreciation as necessary.  Its decisions to tighten policy last year were spurred by rising inflation, underpinned by an improving labour market and robust economic expansion.

The take away is the Singapore dollar will potentially strengthen, while

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin spiked to approximately $5,500 before breaking down as low as $4,980. It’s currently trading around $5,550.

In today’s analysis I discuss where price may be heading next, how I’m planning to trade, 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 (https://mentormarket.io/workin/) 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!

Workin

If you found this post informative, please:

Open an Account on Binance here:https://www.binance.com/?ref=16878853

Support

Forex Analysis Report 4/11/19 – Is There More Upside For USD/JPY???

I have been trading Forex for the last 4 years.  One of the easiest pairs to trade is the USD/JPY.  If you want to know where it’s headed next, just pay attention to the S&P 500.  The Japanese Yen is a safe haven currencies, so if the S&P 500 is going up, it means a risk on environment and so the USD/JPY should go up.  If the S&P 500 is going down, it means a risk off environment and so the USD/JPY should go down.

Still, Street consensus favors a continued rally in the currency pair. According to RBC Capital Markets,

Index to Crypto with Bit Brain – Edition 2019/2

I’m still busy catching up my slightly behind schedule “Index” posts for 2019. I published my first one for the year on 27 March, and true to my “when I feel like it” publishing schedule, here is the second one of 2019.

For those of you new to my Index posts, this is how they work: I give the post titles hyperlinked to the original posts. Each post has a small description, perhaps with a little feedback of how a prediction went or what changed since I wrote that post. Each Index links to the previous Index and at the end

EOS Just Set A Record

Most basketball fans love arguing about who ranks where among the game’s very best, but few actually commit to a list of the top players ever.  So several years ago, the 50 greatest players in history.

I believe in the Crypto space, there are like 1000 tokens/coins out there.  Many will fail and only the strong will survive.  So in my head I started putting together a top 50 tokens/coins and EOS made the list easily.

EOS is the sixth largest cryptocurrency on CoinMarketCap and according to AMBCrypto, EOS set a new record for the most cryptocurrency actions processed in one single