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Tag: money

Party Like It’s 1964

February 24, 2019 Published by

The Dow Jones Industrial
Average DJIA rose 181 points on Friday, making it the ninth straight weekly
gain for the Dow and the first time since 1964 that the DOW rose in the first 8
weeks of a calendar year.

This recovery since the Christmas lows is primarily due to Fed Powell succumbing to the Markets demands and putting its interest-rate policy on hold. 

In addition, growing hopes that the US and China will come to a tariff agreement in the coming weeks. President Donald Trump described negotiations with Chin as having a “very good chance” of reaching a deal and as a

Crypto Contest February 24: IHT Real Estate Protocol

February 24, 2019 Published by

IHT Real Estate Protocol (Bittrex: IHTBTC) 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, I-House Token began a wave one advance on December 20, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 14 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 20. If this wave count is correct, I-House Token should be heading next towards the January 14 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

IHT is a smart contract technology and distributed accounting technology developed for the

Universal Display Corporation Is Lighting Up Again

February 24, 2019 Published by

Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in flat panel displays and solid-state lighting applications.

Universal Display Corp is probably best known for being the OLED screen in the iPhone X and all three of Apple’s 2019 iPhone models.

Despite slumping iPhone sales, Universal Display Corp. recently announced earnings this past week of $0.40 / share on sales of $70.1 million in the December quarter. Analysts expected Universal Display earnings of $0.34 cents / share on sales of $70 million.  On the news the stock price rose

Unusual Options Activity In Caesars Entertainment Corp

February 24, 2019 Published by

Last year, Tilman Fertitta, owner of restaurant company Landry’s Inc. and the NBA’s Houston Rockets, offered $13 a share in cash and stock for the company.

In January, activist / investor Carl Icahn built a 10% stake in Caesars Entertainment Corp. Now Icahn’s is pushing for a sale of the company after Caesars rejected a merger approach by Tilman Fertitta.

The activist investor said in a filing with the Securities and Exchange Commission that he wants representation on Caesars’ board and for the company to refrain from immediately appointing a new CEO.

Caesars’ stock is undervalued and the best way

Cyrpto Rally Cries While Lead Dog Yet to Break Out

February 24, 2019 Published by

The past week or so in crypto has pumped some life back into the space.  The “animal spirits” as investors say are alive and kicking.
The question is will we see any follow through?
Several coins have broken out above their prior highs.  Example are LTC and EOS among others, however there is still a key ingredient missing.
The Ingredient is Bitcoin
I know, I know that bitcoin doesn’t carry the weight in our minds it once did.  However, to any new crypto investor and the market sentiment on a whole Bitcoin still represents crypto and as Bitcoin goes the crypto market, for the

My TIMM Trading Pit Commentary – Wk Of 2/18/19

February 23, 2019 Published by

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:

Great set-up on oil this morning…2 min demand zone. I didn’t take it, saw it last minute and wasn’t able to asses things on multiple time frames first. Great example of being patient and discipline…that’s my #1

Have You Ever Heard Of Dine Brand Global???

February 23, 2019 Published by

Me either.  However, Dine Brand Global together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally.  I know this still doesn’t tell you who Dine Brand Global is.  How about this…the company owns Applebee’s and International House of Pancakes (IHOP).

Over the last four quarters, the company has surpassed consensus EPS estimates three times.  On Thursday as the stock rose 8% after the company reported a 21% jump in fourth quarter revenue end route to a beat in the fourth quarter.  The company reported fourth quarter earnings of $1.70 per share on revenue of

Crypto Contest February 23: Tezos

February 23, 2019 Published by

Tezos (Bitfinex: XTZUSD) 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, Tezos began a wave one advance on December 7, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 24, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on February 6 this year. If this wave count is correct, Tezos should be heading next towards the December 24, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Tezos is a multi-purpose platform that supports dApps and smart contracts. The Crypto

Forex Price Action Baby, No Technicals or Fundamentals…Trade #6 – Bought CAD/JPY (2/21/19)

February 22, 2019 Published by

10,000 Ft View – 4 Hr Chart

Zooming In

What I love about this trade set-up is price has been making higher highers and higher lows.

And the zone I selected, price took out the two pivot highs to the left.

Last night I was stopped out by a tick…probably the spread took me out, before price reversed and eventually moved higher. The below chart shows the price action on the 1 min chart.

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.

Garmin Is Just Like Madonna

February 22, 2019 Published by

Garmin, the maker of full-featured GPS navigation systems that take the doubt out of driving as you make your commute or vacation.  However, with the introduction of smart phones and navigation apps, I was sure Garmin was going out of business.  But just like Madonna, who has been in the business for almost 30 years mastered the art of reinventing herself.  And that’s exactly what Garmin did.

Global wearable fitness trackers market is on track to generate revenue of $48.2 billion by 2023, led by adoption of fitness tracking apps and rise in demand for wireless health monitoring devices, according to

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