money – Page 67

Nikkei 225 Looking Bearish

January 21, 2019 Published by timm

The Nikkei 225 more
commonly called the Nikkei, is a stock market index for the Tokyo Stock
Exchange (TSE). Like the DOW in the US, the Nikkei is a price-weighted index, measures
the performance of 225 large, publicly-owned companies in Japan from a wide
array of industry sectors.

Nikkei is known best for
being in the longest bear market in modern history. On Dec. 29, 1989, the
Nikkei reached an all-time intraday high of 38,957. Three decades later, the
Nikkei’s value is still 47% below that mark.

And I don’t anticipate the Nikkei coming out of the bear market anytime soon because within the last 12 months, the Nikkei

Crypto Contest January 21: Steem

January 21, 2019 Published by maarnio

Steem (OpenLedger DEX: STEEM/BTS) 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, Steem began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in April 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Steem should be heading next towards the April 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Steem is a social blockchain that grows communities and makes immediate revenue streams possible for users by

Google Getting Into Wearables

January 21, 2019 Published by timm

The iPhone has been a
Godsend and a Devil for Apple as they know they must start to generate revenue
by other means. In addition to Apple
Service, the Apple Watch is the future at Apple.

The Apple Watch was equipped with heart rate sensor in 2015 and since then, added an electrical sensors with the capabilities to perform an electrocardiogram (ECG) and fall detection. The Apple Watch will allow Apple to move into Healthcare, which will all them to selling more high-margin hardware and expand Apple Service.

Wearables are becoming an increasingly important category of hardware technology for big players like Apple

Crypto Analysis Report 1-20-19…Litecoin Is At A Critical Level

January 20, 2019 Published by timm

Charlie Lee aka Satoshi Lite and the creator of Litecoin sold his stake in Litecoin in 2017 due to a conflict of interests. But was it a conflict of interests or did he see what many didn’t see. Charlie did say that he had lived through the DotCom bubble and that Bitcoin’s dramatic rise looked similar due to all the hype.

2018 was a terrible year for
Litecoin, but what coin didn’t have a terrible year. Litecoin once traded north of $300, but fell
during the bear market. I honest didn’t
see Litecoin returning to sub $30, but that’s what happen.

Nevertheless, Litecoin is

Crypto Contest January 20: PotCoin

January 20, 2019 Published by maarnio

PotCoin (Bittrex: POTUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, PotCoin began a wave one advance in January 2016. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, PotCoin should be heading next towards the November 2017 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Funnymentals
PotCoin is a digital currency for the cannabis industry and community. Cryptonomics covered the coin last year.

(Sources: PotCoin and YouTube)

If you

Cancelled My USD/JPY Forex Limit Order On Friday

January 20, 2019 Published by timm

On Friday, I had a great set-up on the USD/JPY. Again, since I’m a forex swing trader, this new strategy will allow me to get into more trades. So, the set-up was the following:

Daily Chart (curve/range time frame) – daily candle in the middle of the curve, but price broke the recent pivot high (white dashed line).

4 Hr Chart (trend time frame) – the trend is up.

60 Min Chart (entry time frame) – the hammer candle (green circle around wick) indicated buy orders just below. But price never came back to my zone. The reason why I

Unusual Options Activity In Freeport-McMoRan

January 19, 2019 Published by timm

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.

After a stellar 2017, FCX fell 46% in 2018 in large part to the drop in copper amid the US-China trade war.

As a result FCX received several downgrades from Wall Street in 2018. The last downgrade was from RBC Capital, in November to “underperform” from “sector perform” and reduced their price target on FCX from $16 to $15.

FCX is expected to announce earnings on

Crypto Contest January 19: BitShares

January 19, 2019 Published by maarnio

BitShares (Poloniex: BTSBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, BitShares began a wave one advance in October 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, BitShares should be heading next towards the January 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))
Looking at the monthly chart, I believe BitShares is currently in the red wave three (blue sub-wave iii).

All Eyes On Brazil’s Bolsonaro

January 19, 2019 Published by timm

Brazil stocks have been rallying since Bolsonaro’s presidential victory in October last year.

While the global equity markets tanked in the fourth quarter, the Brazil’s Bovespa index gained 11% in the final quarter of 2018. Brazil’s economy has struggled for growth in recent years. Brazil also has massive pension issues. For example, Brazil’s current retirement age is 60 for men and 55 for women which has has put a strain on the system. But global investors think Bolsonaro will make the changes necessary to help and grow the country’s economy again.

The most popular Brazilian ETF, iShares MSCI Brazil, EWZ, rose

How to Mitigate a Potential Real Estate Market Down Turn

January 18, 2019 Published by timm

Let’s face it, this real estate market cycle is getting a little long in the tooth. It doesn’t necessarily mean the market is going to crash, but the odds of us being in the late innings of a growth cycle are ever increasing.
How to Mitigate a Potential Market Down Turn
There are a few things I’d like to point out that may make sense to do in our current market so you don’t get caught with your pants down when the tide goes out to sea.
Mind Your Leverage
There are times to be aggressive and lever up and times to play it

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