Finding the Next Bitcoin You’ve probably thought it at one point or another: “I missed the Bitcoin payday. How do I decide what cryptocurrency to invest in now that I know about the market?” The bad news: It’s unlikely that any other cryptocurrency will see the same astronomical growth that Bitcoin experienced over the last few years, and…
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:15:58
The U.S. stock market indexes were mixed between -0.2% and 0.0% on Thursday, after going down to support levels and rebounding before the closing bell. The S&P 500 index trades 8.5% below January 26 record high of 2,872.87. The Dow Jones Industrial Average was unchanged and the technology Nasdaq Composite lost 0.2% on Thursday. Overall, it was…
Tesla’s conference call on Wednesday gets a 10-bowl popcorn rating. 10-Bowl Rating Tesla CEO Elon Musk’s performance on Wednesday’s earnings call was bizarre and contentious. Musk attacked after everyone. After hours, shares of Tesla took a hit: Elon Musk acted like a jerk, and Tesla stock paid the price. Tesla Inc. Chief Executive Elon Musk held…
What a difference a month makes: just 30 days after the US posted the biggest trade deficit since the financial crisis, when the US trade balance was some $57.6BN against the US, moments ago the BEA reported that the US trade deficit plunged by a whopping $8.7 billion, dropping to $49BN, better than then $50BN expected, and…
Background PT Unilever Indonesia Tbk is engaged in the manufacturing, marketing and distribution of consumer goods including soaps, detergents, margarine, dairy-based foods, ice cream, cosmetics, tea, other beverages and fruit juice. It is the market leader in Home and Personal Care contributing 68% of revenues while 32% is from Food and Refreshments. Business Description UNVR…
Yesterday’s signals produced a short trade from the break of the bearish engulfing candlestick which rejected the bearish trend line (shown in the price chart below) late in the Asian session. The trade would still be open at present and its outcome uncertain as there is some intraday momentum against the Dollar. Today’s BTC/USD Signals Risk…
Here is the opening statement from the Department of Labor: In the week ending April 28, the advance figure for seasonally adjusted initial claims was 211,000, an increase of 2,000 from the previous week’s unrevised level of 209,000. The 4-week moving average was 221,500, a decrease of 7,750 from the previous week’s unrevised average of…
The West Coast saw a huge crude oil build, but for traders, the left coast is sometimes the left-out coast. Barrels out west are sometimes erratic and really does not reflect the larger picture when it comes to the larger oil supply and demand picture in terms of the West Texas Intermediate delivery point. So,…
The Federal Reserve Statement for May 2018 indicated that stagflation was a concern. While “stagflation” was not referenced by name. Stagflation last seen in the late 1970’s and early 1980’s allowed gold to surge. Gold is the commodity we are looking to build positions in for the long -term. Stocks will not do well in…
