The Turkish lira weakened after the central bank struggled to explain moves in foreign-currency reserves, fueling concern about the state of the nation’s finances amid the looming prospect of more political upheaval. Turkey has around $118 billion of foreign-currency debt coming due within the next 12 months and relies on the central bank’s buffers to meet its obligations if the flow of capital that finances the economy begins to slow.Foreign investors have already withdrawn a net $1.6 billion from the nation’s lira bond market this year amid political and economic turbulence that has rocked the country’s markets.Last month, JPMorgan Chase
Tag: money
Reverse Wholesaling – Same As Wholesaling Done Right
Ever hear the term “there is more than one way to skin a cat.” Well, it holds true in business and real estate so as long as you are not trying to skin this cat let me share something with you about reverse wholesaling.
Reverse Wholesaling
It seems to be the newest buzz word in real estate investing. Here’s the kicker, it’s the same thing as regular wholesaling, they just put emphasis on the order you do things.
I like to call it being prepared. Can we start are own buzzword? Prepared Wholesaling – boom, done!
What is wholesaling, reverse or regular
Wholesaling a property
My TIMM Trading Pit Commentary – Wk Of 4/15/19
TIMM (Traders’ & Investors’ Mentor Market) provides the tools analysts need to share their insights in a central location, TIMM becomes a market where traders and investors can shop for the insights they’re looking for.The Trading Pits are, in some ways, the main meeting place for TIMM. Here you will see folks sharing insights and asking questions about markets.
Commentary from this past week includes:
Many demand zones on the futures (DOW, Nikkei, Bonds) hit in the early AM, missed some great opportunities.
Oil has been camping out below the 4 hr supply for the past week…evidence that there
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 Optionsellers.com 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
Forex Analysis Report – 4/19/19…A Long Opportunity On GBP/INR
Theresa May got her wish, in recent weeks, European Union leaders have granted the UK a six-month extension to Brexit. However, with each delay/extension the risk of a “no deal” increases. Theresa, who had wanted a shorter delay, said the UK would still aim to leave the EU as soon as possible. Any suggestion that a ‘no deal’ Brexit will be entirely avoided would typically be associated with a strong rally in the British Pound.
In its first monetary policy for the financial year 2019, the Reserve Bank Of India central bank slashed the repo rate by 25 basis points to
ExonMobile Will Be On The Prowl Next
Last week, Chevron’s paid $33 billion to buy Anadarko Petroleum. You see, Chevron wanted Anadarko’s oil shale properties in the Permian Basin. The Permian Basin is now the largest oil-producing region in the United States and the second largest globally.
So who is the next player to make a move because in any business you have to keep up with the Joneses to remain competitive and in some cases, survive.
Another player in the US is ExonMobile. Yes, they explore off shore, but their bread and butter is really downstream, refining oil into other products.
As a result, when you rises the
Crypto Contest April 19: VITE
VITE (Bittrex: VITEBTC) 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, VITE began a wave one advance on February 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on April 16. If this wave count is correct, VITE should be heading next towards the April 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
VITE is a DAG/dPOS-based blockchain with one-click token issuance & smart contract capability. You can view their intro
Unusual Options Activity In Freeport-McMoRan – Part 2
Freeport-McMoRan (NYSE: FCX) engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas.
In January I talked about how the Smart Money was betting on FCX to the upside.
Well, the Smart Money thinks earnings, although bad will be better than expected. But more importantly, the Smart Money is expecting some type of resolution / agreement between the US and China on tariffs because I noticed some unusual options activity in the March $13 strike call options.
Price actually hit
Lol at those who don’t believe in Technical Analysis $AAPL
Supply, demand, and human emotions my friends. This is what makes a market. As you know I talk Markets all the time and constantly looking for great companies and stories. I combine fundamentals with technicals, but technicals usually tell me the fundamentals before hand.
News drives stocks, there is no doubt about that. However there are many times that the market tips its hand, or someone knows “something” that will initiate the technical move before the fundamentals hit. One example of technicals ruling is the $AAPL selloff. While $AAPL was at $250 I said that I would not buy it
Are You Ready For 5G??? – Part 3
Apple is the “best play” around 5G, noted tech investor Gene Munster told CNBC on Monday.Munster said anyone who thinks Apple will miss the 5G window has a “misguided view.”“There’s two basic views of owning Apple. One is that this is a product cycle company and that you own it … when numbers are negative around the iPhone in anticipation of the numbers turning positive,” he said. “5G … will clearly drive that.”The other is the idea of Apple as a service company, a “more sustainable model,” he added.“Both of those narratives should get a lift” from 5G, he said.









