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Are Corporate Bonds A Leading Indicator Of The Equity Markets???

June 26, 2019 Published by

Western economists used to say that zero percent rates were a weird and unique thing you only saw in Japan — like people eating raw puffer fish and hoping not to die. It would never catch on over here, they said.But the Bank for International Settlements — the central banks’ central banks — says there is something to worry about, and it’s the reason that economic growth, inflation and interest rates can’t get off the ground: zombies.These “zombie” companies can stay alive — or whatever the correct term is for zombies — if they can just keep borrowing. Bankers call

Crypto Contest June 26: UTRUST

June 26, 2019 Published by

UTRUST (Bitfinex: UTKUSD) 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, UTRUST began a wave one advance on November 25, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 3 this year, and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, UTRUST should be heading next towards the June 3 peak in the red wave three.

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

Funnymentals

According to their website, UTRUST is the world’s first cryptocurrency payment gateway to offer buyer protection, instant transactions

First Corn…Is SoyBeans Next???

June 25, 2019 Published by

Corn prices have been on an epic run. Now, soybeans could soon be catching up.Soybeans have trailed for a reason. In the U.S., the oilseed can be planted later in the spring than corn. Amid the heavy rains, some analysts had forecast that the weather would eventually clear and farmers would plant more soy. That would’ve meant bigger production at a time when demand is already suffering amid the U.S.-China trade war.The U.S. Department of Agriculture will update its plantings estimate June 28, but analysts and traders are already concerned the agency’s numbers will be too high and not fully

Bitcoin Breaks Out, Testing Major Area of Resistance

June 25, 2019 Published by

Yesterday we discussed another bullish ascending triangle bitcoin was painting, suggesting a break to the upside. Today, we watched bitcoin break out and up, almost hitting our lower target of $11,500. It has since dropped back down to test the top of the ascending triangle (about $11K) which did act as support. Daily volume remains strong at just above $22 billion.

Zooming out on the weekly chart, we can see bitcoin is hitting a major area of resistance between $11,500 and $11,700. If you watch my videos, you know we’ve been discussing this area for awhile now. It will be a

Short The Pull Back On The DAX – Part 2

June 25, 2019 Published by

A slump in German business confidence deepened in June as trade tensions weighed on manufacturers.  The drop in the Ifo index took the closely watched gauge to 97.4, its lowest level since late 2014. A gauge of expectations also worsened.European Central Bank President Mario Draghi last week said he’ll inject fresh monetary stimulus for the euro zone unless the economy improves.While Bundesbank President Jens Weidmann expects an improvement in Germany in the second half of the year as exports recover, the signs so far remain mixed. A purchasing-managers survey on Friday showed solid growth in services, but manufacturing remained in

Crypto Contest June 25: BTU Protocol

June 25, 2019 Published by

BTU Protocol (Bittrex: BTUBTC) 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, BTU began a wave one advance on May 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, BTU should be heading next towards the June 9 peak in the red wave three.

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

Funnymentals

BTU Protocol disrupts the current booking business model with decentralized processes, less middlemen and fairer commissions. You can watch their

Bitcoin Consolidating Before Next Move. Analyzing BTC, EOS, BNB, ETH, LTC, XRP and BAT

June 24, 2019 Published by

Bitcoin continues to consolidate between $10,800 and $11,100. Daily volume is slowly rising, currently just above $21 Billion.

In today’s video I analyze Bitcoin, EOS, BNB, LTC, ETH, BAT and XRP. We’ll discuss where prices may be heading next, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

If you found this post informative,

Metal Analysis Report 6/24/19 – Gold Confirms…It’s Time To Buy

June 24, 2019 Published by

Gold is back in the limelight as investors seek havens amid slowing global growth due to the fallout from the U.S.-China trade dispute and as central banks globally adopt a more dovish tone. While the Fed left its key rate unchanged on Wednesday, it dropped a reference to being “patient” on borrowing costs and forecast a larger miss of their 2% inflation target this year. The greenback weakened to erase its 2019 gains.“If easier policy from the Fed contains the dollar, that’s an environment, all else equal, that is supportive of gold,” Koesterich said last week in a phone interview

Forex Analysis Report 6-24-19…I Missed My USD/CAD Short Trade Set-Up

June 24, 2019 Published by

A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.

The central bank predicts one or two rate cuts in its set of economic predictions, but not until 2020. Despite cautious wording in the post-meeting statement Wednesday, markets are still betting the Fed cuts, as soon as July.

Source

Not only are the Equity Markets still betting on a Fed cut,

Crypto Contest June 24: Electroneum

June 24, 2019 Published by

Electroneum (Huobi: ETNBTC) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, Electroneum began a wave one advance on June 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 17, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, Electroneum should be heading next towards the June 17 peak in the red wave three.

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

Funnymentals

Electroneum is using the power of blockchain to unlock the global digital economy for millions of people in the developing world.

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