This week, as expected, markets experienced thin volumes as investors celebrated the Christmas holidays. Still, the markets saw major moves especially with the cryptocurrencies. On Monday, the major cryptos tried to recover from the major losses experienced last week with bitcoin trading above $16,000. However, on Thursday, the cryptos started falling as South Korea announced…
Crazy week, huh? Bitcoin is firmly in the scope of mainstream media, and the recent very volatile action makes it only a better story. On Bloomberg, we read: Bitcoin resumed its tumble on Thursday after South Korea said it was eyeing options including a potential shutdown of at least some cryptocurrency exchanges to stamp out a…
There’s a big difference between income and wealth. Income can be considered the amount of money an individual earns on a consistent basis. For most individuals, this is a paycheck. Wealth can be considered an individual’s net worth, or, more specifically, how much income their wealth generates and how long they can sustain a given…
As 2017 draws to a close, our analysis shows the first Quarter of 2018 should start off with a solid rally.Our researchers use our proprietary modeling and technical analysis systems to assist our members with detailed market analysis and timing triggers from expected intraday price action to a multi-month outlook.These tools help us to keep…
After trampling over and, ultimately, destroying the bears the entire year, the bulls at least had the common decency to bury the body… only to follow up moments later by *rinating all over the fresh gravesite: Yes, the ES has leaped over its triangle pattern in yet another breakout. As I’m typing this, it’s up over…
Stellus Capital Investment Does Good Business & Monthly Returns This week’s slot in the Safari portfolio is reserved for the financial services sector. That sector includes nineteen industries all related to managing money. Industries include: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six…
Written by marcuss The “smart money” is finally entering the crypto space… And that means we’re about to see massive sums of money flow into the sector. geralt / Pixabay Let me explain… Why the smart money has mostly stayed away from cryptos – so far As we’ve written before, in the world of investing, “smart money” refers…
The Nasdaq short-term Elliott Wave view suggests that the Index remains bullish as far as pullbacks stay above Intermediate wave (4) at 6232.3. The rally from intermediate wave (4) low unfolded as a double three Elliott Wave structure where Minor wave W ended at 6545.75 and Minor wave X proposed complete at 6432.25 in the green box. The internal of Minor…
Black Hills Corporation (BKH – Free Report) has slipped to a Zacks Rank #5 (Strong Sell) and is now the Bear of the Day.Let’s take a look at why this stock has the lowest Zacks Rank. Description Black Hills Corporation is an energy company that generates wholesale electricity and produces natural gas, crude oil and coal. They serve…
USD/JPY The US dollar broke down significantly during the trading session on Thursday, slicing below the 113 level. We did bounce a bit though, and I think that if we can break above the 113 handle, the market may continue to go bit higher. However, if we were to break down below the bottom of…
