Ripple’s XRP has been mainly consolidating since it reached a 5-week-high level on April 20th. This is despite some positive developments in South Korea concerning the cryptocurrency. What’s Going on in South Korea? The news included South Korean cryptocurrency exchange, Coinone, adopting Ripple’s enterprise blockchain network for cross-border payments. According to a press release from…
Ripple’s XRP has been mainly consolidating since it reached a 5-week-high level on April 20th. This is despite some positive developments in South Korea concerning the cryptocurrency. What’s Going on in South Korea? The news included South Korean cryptocurrency exchange, Coinone, adopting Ripple’s enterprise blockchain network for cross-border payments. According to a press release from…
Pluralsight LLC, (Nasdaq: PS) an online education company based in Utah, intends to go public on Wednesday, May 16, 2018. Shares of the company will start trading on the Nasdaq Global Select under the ticker symbol “PS”. In its filing with the U.S Securities and Exchange Commission, Pluralsight wants to raise a total of $228 million…
On April 23rd, I wrote a piece called, “Can Apple Bring the Market to One Love?” I ended the piece with “Therefore, an influencer like APPL, should it run after earnings, will help the market sing, Let’s Get Together and Feel Alright.” The Jamaican references come from our recent trip. So, here once again, is a…
A while back, a writer (whose name and story details I unfortunately don’t remember) was researching the credit card business and tried to figure out how card issuers decide which customers to pursue. To this end he created a series of fake personas ranging from an affluent straight-arrow who always pays her bills on time…
In March, job openings in the United States surged to the highest level since the Department of Labor began recording data on this metric. This is a clear indication that companies are keen on hiring workers even as the economy enjoys a nine-year long growth phase after the Great Recession. The report was also in…
Recently in the resource sector, we have seen everything including good news being ignored by investors. Jordan Roy-Byrne joins me today to share his thoughts on what companies need to be doing to attract investors and actually get money flowing into their stock. We also discuss the bigger picture when it comes to resistance levels…
Chinese exports rose 12.9% year-over-year in April 2018. Imports were up 20.9%. As always, both numbers sound impressive but they are far short of rates consistent with a growing global economy. China’s participation in global growth, synchronized or not, is a must. The lack of acceleration on the export side tells us a lot about…
The Reserve Bank of New Zealand (RBNZ) interest rate decision may keep NZD/USD under pressure should Governor Adrian Orr & Co. stick to the status quo and endorse a wait-and-see approach for monetary policy. More of the same at Governor Orr’s first meeting is likely to sap the appeal of the New Zealand dollar as the central bank remains…
