Log in

Tag: money

Boeing’s Halo Effect – Part 2

May 17, 2019 Published by

Two months ago, I talked Boeing’s suppliers suffering through the 737Max debacle as well,

Boeing’s Halo Effect

However, a derivative impact to the Boeing accidents will be to the Boeing suppliers.It takes more than 400 suppliers and more than 2 million parts to fabricate a Boeing 737 Max plane. If Boeing’s 737 Max 8 orders are revised downward, expect their suppliers to be adversely affected as well.

Spirit AeroSystems (SPR) is the largest supplier of aerostructures to Boeing and manufacturing aerostructures for every Boeing commercial aircraft currently in production, including the fuselages for the Boeing 737 Max 8. If Boeing has

Crypto Contest May 17: Time New Bank

May 17, 2019 Published by

Time New Bank (Binance: TNBUSD) 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, Time New Bank began a wave one advance on February 6. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on May 10. If this wave count is correct, Time New Bank should be heading next towards the April 8 peak in the red wave three.

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

Funnymentals

Time New Bank is a token that represents MiaoA International Timechain (M.I.T). That is dedicated

Bitcoin: The Pullback Was Bound to Happen, Duh.

May 17, 2019 Published by

It wasn’t a matter of it, but when.  And I will tell you what, prices got higher than I thought they would before we got a pullback.
BTC (and the big caps) dumped hard in a single hour
A few hours ago we saw BTC, ETH, and others dump hard a provide us with a big fat red candle before rallying off the lows.
BTC is currently down 800 points from yesterday’s close and we could see more downside over the next 24 hours.
Looking at the chart you can see things topped out at 8,350 or so, which happens to be a prior

Vodafone Is A Great Long Term Short – Part 2

May 16, 2019 Published by

Six months ago, I wrote a post about Vodafone.  Vodafone Group PLC is a British international telecommunications company that operates networks in 26 countries and ranks fifth by revenue among mobile operator groups globally.  From a macro viewpoint, technical viewpoint and fundamental viewpoint, Vodafone was flashing, SELL ME.

In the post I stated that Vodafone was cash strapped and won’t be able to service its debt, but if it wanted to keep up with the competition, it would have to find cash for 5G capital investments.  At the time,  Vodafone shares were at a three year low, but the charts were

Crypto Contest May 16: Elastos

May 16, 2019 Published by

Elastos (Huobi: ELAUSDT) 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, Elastos began a wave one advance on February 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 8, and the red wave two (blue sub-waves a-b-c) correction ended on April 26. If this wave count is correct, Elastos should be heading next towards the April 8 peak in the red wave three.

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

Funnymentals

Elastos is creating a completely modern internet infrastructure powered by blockchain technology. You can watch their introduction video below.

(Sources: Elastos and YouTube)

How

All Eyes This Weekend On…..Soybean Prices – Part 3

May 16, 2019 Published by

Four months ago, I wrote about Soybean prices moving higher.

All Eyes This Weekend On…..Soybean Prices – Part 2

Well, price is hugging that trend line like a couple in love and finally breached the upper range at $920. The chart is suggesting price will pull back before moving higher to the daily supply at $957.

However, since that time, Soybean prices are at levels not seen in ten years. In recent months, the African swine fever has wiped out 1 million hogs in China, Europe and Southeast Asia which is going to put a dent in soybean demand as that is a

Litecoin: We have Liftoff!

May 15, 2019 Published by

And there it is my friends, LTC just blasted through the 100 mark.  To think just three short months ago the coin was floating below 50.  Not a bad return for those that added, sadly I barely added any but the little that I do add I have sold off as we have moved higher.
Tone of the market has changed
After months or so would argue more than a year of feeling despair as the crypto winter blew hard the spring may very well be here.
The price action on LTC since mid-february has been positive and showed strength well before BTC

Intermarket Relative Strength Analysis Report For The Week Starting 5/12/19 – Part 2

May 15, 2019 Published by

Three days ago, I wrote,

Intermarket Relative Strength Analysis Report For The Week Starting 5/12/19

which talked about the major assets classes in the world, relative to the US dollar using just moving averages. Why the US dollar, because it’s still the most powerful currency in the world and   over half of all foreign currency reserves in the world are in US dollars.  The results were the following:

implying that Gold was showing strength relative to the US dollar going into this week.

Gold futures rose on Monday as investors increased bets the economy would weaken enough to cause the U.S. Federal Reserve to

Apple Is At The Mercy Of The US-China Trade War

May 15, 2019 Published by

Back in January Apple warned investors that its revenue in the fourth quarter of 2018 would be lower than expected, blaming the US-China trade war for disappointing iPhone sales.

Apple suffered its biggest single-day loss in 6 years and the stock closed the day at its lowest price level since July 2017 after cutting revenue guidance.  At that time, shares of Apple have fallen from a high of $234 at to sub-$150, a 37% decline.

Fast forward several months and Apple was once again valued at $1 trillion after the company’s better-than-expected earnings report that exceeded Wall Street’s expectations on both the

Crypto Contest May 15: IOTA

May 15, 2019 Published by

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

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

Funnymentals

IOTA is a distributed ledger technology to function as the backbone of the Internet of Things. Dominik Schiener,

October 2026
S M T W T F S
 123
45678910
11121314151617
18192021222324
25262728293031

Latest Media