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Mate Cser on May 26th, 2017.
Bitcoin in a Serious Correction Traders might have gotten used to Bitcoin’s “Gloomy-Fridays” lately, as the back part of the last session before the weekend saw huge spikes lower for the currency. What’s new is that the decline started yesterday with an almost 20% intraday slump. While that initial dip was bought furiously during the...
Mate Cser on May 26th, 2017.
Friday Market Recap Asset Current Value Daily Change S&P 500 2412 -0.05% DAX 12579 -0.51% WTI Crude Oil 48.95 -0.17% GOLD 1268.00 0.88% Bitcoin 2427 -10.43% EUR/USD 1.1170 -0.37% The major US stock indices continued to creep higher near their all-time highs yesterday. Investors could be puzzled, as the rally is only led by the usual...
Francisco Memoria on May 26th, 2017.
Flipping is essentially buying items at a low price to sell them elsewhere with a markup. Making a profit isn’t as hard as it might seem, and the activity allows you to set up your own schedule and work whenever you want. Some people flip items for a living, while others just do it to get rid of excess items. Note that flipping items...
Mati Greenspan on May 26th, 2017.
Like a caterpillar emerging from its egg, the Internet came to the general public just before the turn of the century. Until then it was only used by the US government and academic computer nerds.
Jim Fredrickson on May 26th, 2017.
It was a busy day yesterday. Bitcoin and Ethereum stole the show for the most part; they sucked money out of the other coins as traders tried to chase the trades. For the most part, I can say that both those two coins went higher, and longer, than I would have guessed. But speaking for myself, I would not buy either coin here. They...
Mate Cser on May 25th, 2017.
Gold: Long-Term Buy (Update) Gold Futures, 4-Hour Chart Analysis The precious metal has been trading in a holding pattern in recent days, since running into resistance near $1260 following the “Trump-surge”. The persistence weakness of the USD helped the metal in staying above the $1250 level, although the recovery in stocks should have...
Mate Cser on May 25th, 2017.
Thursday Market Recap Asset Current Value Daily Change S&P 500 2411 0.38% DAX 12643 0.03% WTI Crude Oil 51.07 -0.10% GOLD 1257.00 -0.18% Bitcoin 2710 11.61% EUR/USD 1.1218 -0.17% The S&P 500 and the NASDAQ both reached new marginal all-time highs amid the Bitcoin surge, as the Fed’s minutes boosted the market yesterday in late...
Lester Coleman on May 25th, 2017.
Abigail Johnson, CEO and chairwoman at Fidelity Investments, called for more serious conversations about bitcoin and blockchain while addressing Consensus 2017 blockchain conference in New York City, according to MarketWatch. Fidelity has tested bitcoin and blockchain, according to Johnson, including partnerships, venture investments and...
Mati Greenspan on May 25th, 2017.
One of our clients from eToro China is on a trip to Japan and has just sent us this spectacular picture… Almost made my eyes water. This is one of the largest retail electronic stores in Japan and they are now accepting bitcoin. As we’ve discussed, the tipping point for Bitcoin will come from Japan first. The government has...
Jonas Borchgrevink on May 24th, 2017.
Yesterday I sent out an email to Gold Members of Hacked.com asking if they would like a community to discuss different topics. After many positive responses, I’ve decided to test Workplace by Facebook for one month. If successful, it will be a part of the Gold Membership offering, free of charge for our members. What is important...
Mate Cser on May 24th, 2017.
USD/CAD: Short-Term Buy USD/CAD, 4-Hour Chart Analysis The pair has been declining since it reached the 1.38 level following our recommendation. The declining short-term trend has carried USD/CAD back below the 1.35 level, and it’s now close to the key support near 1.34. The advancing long-term trend channel is still intact and the lower...
Mate Cser on May 24th, 2017.
Wednesday Market Recap Asset Current Value Daily Change S&P 500 2399 0.28% DAX 12643 0.02% WTI Crude Oil 51.59 0.78% GOLD 1252.00 -0.74% Bitcoin 2420 7.20% EUR/USD 1.1189 -0.15% Global stock markets are still remarkably stable, as volatility continues to be low, and the US indices are still somewhat stronger than their global peers....
Jim Fredrickson on May 24th, 2017.
A recurrent theme in the queries put before me is how best to become wealthy by trading. We all want that of course. But if it was easy, every trader here would be wealthy already. The question I am asked is: “Can it be done if one starts small?” IMHO it can be done and the best way is to just focus on doubling. Doubling...
Mati Greenspan on May 24th, 2017.
There’s a famous quote… “The lottery is a tax for people who are bad at math.” It seems the Trump administration is a tax for a country that stopped caring about government.
Jim Fredrickson on May 24th, 2017.
DASH Dash has had a great couple days, but is no within sight of a 3rd arc pair at ~$150. Likely will correct soon. Ethereum Classic ETC has also had a great few days. A 5th arc pair is nearby at ~ $14. It may be late to chase this one also. Ethereum ETH, like the preceding coins, has had a great few days, but is now within...
Edward Talliot on May 23rd, 2017.
A total of 56 companies that represent 83.28% of bitcoin’s hashing power have reached a consensus to deploy the Segwit2Mb protocol upgrade for bitcoin. An announcement by the Digital Currency Group today reads: “We agree to immediately support the following parallel upgrades to the bitcoin protocol, which will be deployed simultaneously...
Mate Cser on May 23rd, 2017.
NASDAQ 100: Short-Term Sell (Update) NASDAQ 100 Futures, 4-Hour Chart Analysis The NASDAQ has been trading in close vicinity to the 5675 level since our recommendations, as it held up to its gains well despite the previous deep correction. The tech index still lost its relative strength compared to the S&P 500, and it failed to hit a...
Mate Cser on May 23rd, 2017.
Tuesday Market Recap Asset Current Value Daily Change S&P 500 2394 0.08% DAX 12641 0.18% WTI Crude Oil 51.09 -0.13% GOLD 1260.00 0.12% Bitcoin 2265 5.10% EUR/USD 1.1218 -0.17% The tragic terror attack by ISIS in Manchester dominated trading so far today, as global stocks were mixed in the cautious environment. Asian markets were...
Mati Greenspan on May 23rd, 2017.
No words can describe the sadness. When a man decides to take his own life in order to kill children at a pop concert, the entire world mourns. Our hearts go out to the victims and their families.
Lester Coleman on May 23rd, 2017.
Mid-cap stocks – those with market capitalization between $2 billion to $10 billion – are less known than large and small cap stocks, but they can provide profitable investments, according to investment experts. Quality, stability and value are typically associated with large cap stocks. Growth is usually associated with small-cap...