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Trading 101

Trading 101: 10 Essential Trading Rules for Rookies

Posted on April 27th, 2017.

As we already stated, trading is more of an art than an exact science, but still, there are some rules that can help you in being consistently profitable despite the seemingly chaotic environment in financial markets. While some of the commandments below might be treated flexibly in certain cases, as a rookie, it’s best to follow them...

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Recommendations

Investment Recommendations April 26th

Posted on April 26th, 2017.

Oil: Short-Term Sell   WTI Crude Oil Futures, 4-Hour Chart Analysis The crucial commodity hit the $49 per barrel level at the end of last week, and since then has been in a weak correction that took it up to the crucial $50 level. The global rally in risk assets and the weakness of the Dollar wasn’t enough to cause a bounce in oil, and...

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Analysis

Daily Analysis: Bitcoin Nears Record High as Stocks Take a Breather

Posted on April 26th, 2017.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2388 0.25% DAX 12478 0.22% WTI Crude Oil 49.16 -0.72% GOLD 1264.00 -0.26% Bitcoin 1290 1.90% EUR/USD 1.0892 -0.05%   Global stocks are little changed today, following the strong rally of the frost two days of the week, as investors await the tax proposal of Donald Trump....

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Analysis

Urgent Analysis: Bitcoin is at a Double Top + Ripple & Monero

Posted on April 26th, 2017.

Urgent update: XBTUSD I have just seen at least one setup on a 4 hour chart that suggests that XBT (bitcoin) is at a place in pricetime that suggest it may be at a turning point: As you can see, there is a double top an energy point and a 3rd arc all happening at this point in time. Individually, each of these is cause for concern. Taken...

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ICO

ICO Analysis: Back to Earth (SRC)

Posted on April 25th, 2017.

Enthusiasts have long suspected that online games would be a booming application of blockchain technology. Players of Minecraft, for instance, have had the option of using Bitcoin to purchase store credit for years thanks to Bitpay. But this isn’t really what we mean when we say integrated blockchain technology in games – rather, we mean...

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Analysis

Daily Analysis: Markets Near Record Highs as Europe, Japan, and NASDAQ Lead the Way

Posted on April 25th, 2017.

Tuesday Market Recap Asset Current Value Daily Change S&P 500 2382 0.55% DAX 12450 0.21% WTI Crude Oil 49.06 -0.35% GOLD 1269.00 -0.23% Bitcoin 1268 2.15% EUR/USD 1.0896 0.28%   Stock markets are consolidating their post-election gains in a bullish style today, as most of the major benchmarks are slightly higher. The Japanese market...

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Bitcoin

Bitcoin Update April 25th

Posted on April 25th, 2017.

Bitcoin: Long-Term Buy (update)   Bitcoin, 4-Hour Chart Analysis Bitcoin has been edging higher towards the $1290 level so far this week and traded as high as $1275 today. Volatility is expected to rise in the vicinity of the prior all-time high, and long-term traders could consider taking some chips off the table and leaving a core...

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Market Overview

Cryptocurrencies = $30 Billion

Posted on April 25th, 2017.

The total value of all digital coins in circulation has reached yet another milestone today. As of this writing, the cryptocurrency market cap is $30.67 Billion. About $20.4 Billion of that is in Bitcoin and about $4.5 Billion in Ethereum. That leaves more than $5 Billion in alt coins. It seems they have a coin for everything these days....

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Penny Stocks

Penny Stocks To Watch this Month

Posted on April 25th, 2017.

The push on stock prices driven by the “January Effect” ended in early April, giving way to a stockpicker’s market that is expected to last into the summer months, according to Investopedia. Such a climate favors a trading environment in which a handful of penny stocks can defy broad-based indices. April’s penny stock focus has moved...

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Recommendations

Investment Recommendations April 24th

Posted on April 24th, 2017.

DAX: Short-Term Buy (update)   DAX, 4-Hour Chart Analysis Although the DAX hit our short-term target this morning, the benchmark might be ready to gain even more during the week, as the favorable election results removed a huge risk factor concerning the Eurozone. The ECB’s monetary statement on this week could be an important event for...

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Analysis

Daily Analysis: Stocks Surge to New Highs Following French Elections

Posted on April 24th, 2017.

Monday Market Recap Asset Current Value Daily Change S&P 500 2369 0.95% DAX 12429 3.45% WTI Crude Oil 49.32 -0.63% GOLD 1272.00 -1.33% Bitcoin 1244 -0.15% EUR/USD 1.0863 1.37%   Global stocks are broadly higher after the favorable result of the French elections, as Macron and Le Pen made it to the second round, with the moderate...

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Analysis

Ethereum, Bitcoin, Litecoin & DASH Analysis

Posted on April 24th, 2017.

Ethereum Regular readers will know that we have been waiting several days for ETH to pass through an arc pair. As shown in the picture below, that has happened, and the asset broke upwards as soon as it was able to. This is a rather bullish development. The next arc pair is in the area of $62, and will likely be heading there. Bitcoin As...

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Analysis

French election Update: Markets Poised for Moderate Gains as Macron, Le Pen In front

Posted on April 23rd, 2017.

The previously most likely scenario looks to be playing out in the first round of the French presidential election, as Marine Le Pen and Emmanuelle Macron are ahead in early polls and projections. The “horror-scenario” is increasingly unlikely, as Melenchon is trailing Fillon for the third place. Although Le Pen might have a chance...

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Financial Freedom

How to Live a Minimalistic Life to Achieve Financial Freedom

Posted on April 23rd, 2017.

Our goal is to help you achieve financial freedom, and that doesn’t just mean we will help you properly manage and earn more money, we will help you change your attitude towards it. A great way to see life, in general, is through the minimalistic lens. It helps us understand what should truly be valued. Minimalism is to most of us a...

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Analysis

Weekly Analysis: Litecoin, France, and North Korea in the Spotlight

Posted on April 23rd, 2017.

  Asset Current Value Weekly Change S&P 500 2345 0.85% DAX 12105 -0.50% WTI Crude Oil 49.61 -8.12% GOLD 1285.50 -1.14% Bitcoin 1229 4.19% EUR/USD 1.0728 1.21%    5 Things to Watch Next Week How will the market react to the French election? As the last polls before the first round of the presidential election show a move towards...

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Stock Picks

Stock Pick: Novavax can be a Big Winner in 2017

Posted on April 22nd, 2017.

Novavax (NASDAQ:NVAX) develops vaccines based on protein nanoparticles which can help increase the immune response in patients. It is currently awaiting results of phase 3 trial. A successful result will provide significant bump to the stock and also make it an attractive acquisition target by bigger pharmaceutical companies. RSV F...

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Week in Review

The Week in Review: US Stocks Bounce Back with All Eyes On France

Posted on April 22nd, 2017.

Weekly Recap Asset Current Value Weekly Change S&P 500 2345 0.85% DAX 12105 -0.50% WTI Crude Oil 49.61 -8.12% GOLD 1285.50 -1.14% Bitcoin 1229 4.19% EUR/USD 1.0728 1.21%   Global stock markets had an unusually mixed week as European equities were under pressure before the close French presidential election. The latest polls...

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Analysis

Weekly Analysis of Cryptocurrencies

Posted on April 22nd, 2017.

Bitcoin In yesterday’s column I pointed out that on a longer-term setup on the daily chart, we had a buy signal. But I neglected to point out that on a shorter-term setup on the daily chart, it was not yet given. On the shorter-term setup, we are just below a 2nd arc of a 3rd pair. Trade accordingly… Ethereum Ethereum has not...

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Recommendations

Investment Recommendations April 21st

Posted on April 21st, 2017.

DAX: Short-Term Buy   DAX, 4-Hour Chart Analysis The German index has held up above the 12,000 level despite the selling pressure this week, although it slid out of the rising long-term trend channel. The bullish cross on the MACD indicator suggests a reversal, and a positive outcome on the French election could propel the benchmark back...

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Analysis

Daily Analysis: Calm before the Storm, as Paris Shooting Jeopardizes Elections

Posted on April 21st, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2350 0.40% DAX 12048 0.31% WTI Crude Oil 50.45 -0.77% GOLD 1284.00 0.18% Bitcoin 1246 2.17% EUR/USD 1.0694 -0.68%   Choppy trading continued globally as the financial world focuses on the first round of the French presidential election, where the polls are still remarkably...