Amazon’s Earnings Results…Read Between The Lines

Amazon reported fourth-quarter earnings of $6.04 a share on revenue of $72.4 billion on Thursday afternoon vs analysts expectation of $5.65 a share on revenue of $71.88 billion. 

However, the stock sold off on Friday because Amazon guidance for the next quarter of $56 billion to $60 billion vs analysts expectations of $60.83. 

The lower guidance was due to increase in spending for 2019 like $5 billion for HQ2 , slowing growth in the US / oversees and challenges in India.

But one must read between the lines:

3rd record breaking quarter of profits with $3 billion of profits for the quarter.

Hiring 5,000

$SPX Weekly Outlook : Neutral $QQQ $IWM $DJI

There is no sugar coating this rally off the lows when the plunge protection team stepped in on the night of Christmas Eve. This has been vicious and the BEST January start to the market all time (which is a very long time).

You have to be respectful of the rate of change in this increase off the lows. I am fairly certain that we are approaching an area where we should see 1 of 2 things. 1. A substantial pullback at least into the 2540 SPX area or even lower to continue the bear. OR 2. Some sideways action that

Four Types of Real Estate Leads for Investors

When it comes to real estate investing finding deals is an ever present need.  This guest post from DealCollab shows us proven ways to find leads to solid real estate deals.
Four Types of Real Estate Leads for Investors
Every real estate deal starts with a lead whether it be from word of mouth or by generated leads as the ones offered by DealCollab. Having multiple sources of leads can greatly impact the success of your real estate investing and provide the results you are looking for.
Alternately you can still have a lot of success by choosing one source and develop a working process to

Finally, A Chance To Short The Cruise Ships – Part 2

Last month I wrote about the cruise ship industry,

Finally, A Chance To Short The Cruise Ships

I have been eyeing the cruise ships for nine months. If the economy is slowing / tanking, consumer will have less and less discretionary funds.

Royal Caribbean, the world’s second-largest cruise company operates more than 50 ships under the brands Royal Caribbean, Celebrity Cruises, Azamara Club Cruises and CDF Croisieres de France.

So the trade set-up is if price can pull back to the weekly supply at $106, the chart suggests price will head down to the weekly demand at $80.

Well, I got this one wrong and

Is Fed Powell Wall Street’s Newest Puppet???

During a question-and-answer session Oct. 3, Fed Chairman Jerome Powell said the central bank was a long way from adopting a neutral rate of growth.   The Markets didn’t like what Powell said and showed him by tanking.

Then in December, Powell said the Fed’s program to reduce the bond holdings on its balance sheet was on “autopilot.”  Powell later went on and raised short-term rates another one-quarter percent.  The Markets didn’t like what Powell said and showed him by tanking again.

At this point, the Markets had Fed Powell right where it wanted him.  In early January, during a round table with

Life and Times of an Honest Business Man: No Good Deed Unpunished

Anyone who has ever done business for themselves knows that you rarely get 100% transparency in most transactions.
Business people have their best interest in mind, even if a win-win would make things better for everyone.
Don’t get me wrong, there are honest people out there going the extra mile, but they are not the majority
Maybe they should be, sometimes you can be too helpful and honest.  I’m guilty of it and it does lose me deals sometimes. I’d rather have the goodwill I suppose.
No Good Deed Goes Unpunished
Since I have gotten my real estate license for the purpose of selling some

Everyone all bullied up yet? $AAPL Bounces, $FB Bounces…

The Bulls are back baby! You can feel it in the air. Big Momma $AAPL reported earnings on Tuesday with a BEAT (disregard the lowered guidance that tanked the stock in early Dec/Jan) and now $FB has come through with a BEAT (disregard the Daily active users not changing as a percentage of monthly users for NINE CONSECUTIVE QUARTERS lol.

The SPX has rallied off the lows and has had one of the greatest starts to a year in recent history.
My advice is to sit and wait here. The EASY money has been made. Yes, we have V-shaped up but now

Crypto Contest January 31: Ripple

Ripple (Binance: XRPETH) 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, Ripple began a wave one advance on August 8, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 19, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on January 5 this year. If this wave count is correct, Ripple should be heading next towards the December 19, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe Ripple is currently in the red

Forex Price Action Baby, No Technicals or Fundamentals…Trade #1 – Sold AUD/CHF

10,000 Foot View – 4 Hr Chart

Zooming In

What I like about the zone is price left the zone, pulled back and barely penetrated the zone (green circle), then dropped more than 200 pips from the zone, denoting sellers right above. The white rectangle represents filled orders and if the trades works outs, price should be able to get to at least the orange arrow.

Price then returned and approached the zone very quickly. I happened to be in front of the computer, so I watched the price action before entering the trade. I was specifically looking for price to break down

My One Year Anniversary On Steem

Today, January 30th 2019, I have reached my one year anniversary on Steem.

Hello SteemIt, I’m Rolland, Crypto, Forex, Futures, Options, Stocks, Wealth Building Enthusiast

I joined the Community after investing in several Cryptos and after watching to @JerryBanfield, @TitusFrost and @BrandonFrye   on Youtube talking about Steem.

The boom and bust we all experienced reminds me of how the Internet was in the late 90s and early 2000s.  I believe at this time and still believe that the Crypto space, including Steem has a bright future.

The main reason I joined Steem was it seemed like great forum to share how I viewed the Markets because