Cryptocurrency Market Capitalizations | CoinMarketCap

$ 144 million transaction cost bitcoin whale 30 cents commission

$ 144 million transaction cost bitcoin whale 30 cents commission
One of the largest Bitcoin holders emptied his wallet in one transaction at 14,922 BTC ($ 144 million). The commission was only $ 0.3.
Information about the movement of funds published service Whale Alert. According to him, bitcoins were transferred to an unknown address.
https://twitter.com/whale_alert/status/1262484285908549640

https://preview.redd.it/3x5974i37pz41.jpg?width=560&format=pjpg&auto=webp&s=a847137857dbb3406e07a95a0a39413cd1b4e122

The identity of the whale is also unknown, but its wallet has been the subject of close attention in recent months. According to BitInfoCharts, on April 5, the address was 58th in terms of the number of bitcoins on the balance sheet (12,380 BTC or $ 85.08 million at the exchange rate of that time).

https://preview.redd.it/qxlsc45y7pz41.jpg?width=768&format=pjpg&auto=webp&s=6c7e25119d4b35e94da1ed1a323eaf46d97e3232
On May 13, the wallet rose to 48th place, bringing the total cryptocurrency to 15,470 BTC ($ 138.15 million at that time).
A week earlier, an unknown whale transferred 47,835 BTC ($ 417 million) with a commission of $ 1.44.
In October 2019, a transaction on 112,027 BTC was carried out on the Bitcoin network (more than $ 930 million at that time). The commission then amounted to $ 3.89.
In September last year, a transaction was recorded at 94,504 BTC, which exceeded $ 1 billion at the exchange rate at the time of the transfer. In this case, the commission turned out to be unusually high - $ 700.
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For Trading April 29th

OIL Falters, again
Financials, Energy, and Materials Rally
The Russell Up, NASDAQ Down
Today’s market got off to an upward start and was + 470 by 9:45 but gave it up pretty quickly making the low of -120 by 11:15. From there we had a rally that kept us between -60 and +100 for the next 4 hours finishing -32.23 (.13%), NASDAQ -122.43 (1.4%), S&P 500 -16.09 (.52%), the Russell +16.20 (1.26%) and the DJ Transports +89.90 (1.08%). Bottom line here is that we had really split market with NASDAQ and Russell at opposite ends of the spectrum. Consumer confidence fell hard to 86.9 vs 92 expected and Richmond Fed was -53 vs. +2 expected. Market internals were mixed too, with NYSE 2.5:1 Up while the NAZ was only 9:7 higher. Volume remained light. The DJIA was 17 up, 13 down with the leaders MMM +28, GS +24, AXP +21, and DD and BA +18 DPs. On the downside we had UNH -41, AAPL -31, MSFT -29 and JNJ -19 DPs. Energy, financials and Materials were the strength while Healthcare, info technology and communications services the weakest.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/NSO2vQcSY-o
SECTORS: Earnings played a big part in today’s market. PEP last night with a beat and was +1.86, CINF was a miss last night and gapped down this morning to 76.28 and just continued to fall to $71.27 before closing $71.81 -10.22 (12.46%). On the upside we had HOG with a “not as bad as expected +2.88 (15.21%), ADS $47.60 +6.21 (15%), and ALK $31.58 +3.73 (13.39%).
After the close we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and after trading $1206.97, turned back higher and after hitting $1290 is currently $1267 +35. SBUX was a slight miss and after closing 78.69 is now 77.60 -1.10. AMD missed on expected revenue growth and after its recent move back from a recent low of $36.75 to over $58, fell to $52.40 and is $53.21 -2.29 (4.13%).
And, the HOMERUN OF THE DAY is clearly Creative Realities (CREX), a small firm with a stock that closed $1.00 yesterday +22%, came out of the gate this morning unchanged and rallied on the news that it has a “non-contact temperature system” that along with its AI enabled software “addresses the urgent need for businesses and employers to build consumer confidence as the world goes back to work as stay at home orders are reduced throughout the U.S.” The stock traded as high as $5.15 and is currently 4.85 +3.85 or 385%...Clearly a home run.
FOOD SUPPLY: was HIGHER with TSN +2.51, BGS +1.50, FLO +.06, CAG +.05, MDLZ -.73, KHC +.25, CALM +.21, JJSF +1.92, SAFM +.35 and LANC +1.52.
BIOPHARMA: was LOWER with BIIB +1.98, ABBV -1.64, REGN -18.91, ISRG -13.65, GILD -1.51, MYL +.30, TEVA +.17, VRTX -11.55 (4.3%), BHC -.41, INCY -5.31 (5.16%), ICPT -4.10, LABU -2.89 and IBB $124.86 -2.67 (2.09%).
CANNABIS: This group was LOWER with TLRY -.30, CGC -.53, CRON -.18, GWPH -1.67, ACB -.016, PYX -.14, NBEV -.04, CURLF -.28, KERN +.05 and MJ $12.40 +.02 (.16%).
DEFENSE: was HIGHER with LMT +8.23, RTX +.71, GD +2.74, TXT +.86, NOC +2.19, BWXT +.33, TDY +5.96 and ITA N$163.94 +2.88 (1.91%).
RETAIL: was HIGHER with M +.51, JWN +.21, KSS +1.26, DDS +3.21 (11.35%), JCP +.026, WMT -.28, TGT +2.23, TJX +1.86, RL +3.61, UAA +.36, LULU -1.82, TPR +1.06, CPRI +1.18 and XRT $36.97 +.61 (1.68%).
FAANG and Big Cap: were LOWER with GOOGL the big exception on earning +74.34 (5.85%), AMZN -21.00, AAPL -2.48, FB +2.71, NFLX -15.68, NVDA -1.34, TSLA -22.25, BABA -1.69, BIDU -2.56, CMG -13.07, BA +2.22, CAT +.31, DIS +.60, and XLK $88.85 -.54 (.60%).
FINANCIALS were HIGHER with GS +3.57, JPM +1.03, BAC +.53, MS +.95, C +.89, PNC +.50, AIG +1.38, TRV +1.40, AXP +3.15, V +.74 and XLF $22.75 +.27 (1.2%).
OIL, $112.34 -.44. Oil was a BIG STORY another day of liquidation that took June all the way down to trade $10.07 before turning back higher to 13.69 before closing -.44. Tonight, it is higher again trading 13.05 +.71. The stocks were also higher with gains of about 2% and XLE closed $36.22 +.85 (2.4%).
METALS, GOLD: $1,724.40 + .60. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 today, I was a buyer. We are also long NEM.
BITCOIN: closed $7,780 unchanged. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $8.40 -.39 today.
Tomorrow is another day.
CAM
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For Trading April 30th

OIL Moves Higher
GOOGL, TSLA, & MSFT Blow Away Numbers
Russell the Big Winner
Today’s market got off to a dramatic start when already +200 in the futures, GILD came out with positive news on the NIAID trial for Remdesivir and we added an additional 250 to the open. The Fed FOMC was a nonevent, but after the Q&A, it became obvious that the money train would keep rolling, the Gold moved higher. The final numbers were impressive with DJIA +532.31 (2.21%), NASDAQ +306.98 (3.57%), S&P 500 +76.12 (2.66%), the Russell, the big winner +62.68 (4.83%) and the DJ Transports +221.30 (2.63%). Market internals were strong with NYSE 7:1 and NASDAQ 4:1 and for the first time in recent memory, volume was higher. The DJIA was 24:6 with WMT the only double-digit loser -30 DPs while on the upside we had V +72, AAPL +62, AXP & BA +53, and MSFT +52 (and more coming in the morning).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/el59hhpILHY
SECTORS: Earnings played a big part in today’s market. After the close last night, we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and finished the evening $1267 +35. It continued higher today and finished $1345.02 +112.43 (9.12%). After today’s close we heard from a few of the other FAANG names. FaceBook was a miss both top and bottom but the guidance they gave on ad spending was upbeat. After closing 194.19 +11.28 it to 214.57 + another $20. MSFT beat on both numbers and after closing $177.43 +7.62 it shot higher to 186.52 before closing $181.25 + 3.82. TSLA was the last one to report and the stock has been on a tear from a low of $350 in mid-March to close today $800.51 +31.39 and put out a profitable quarter and talked about it big truck. The stock moved to $886.89 and closed $870.30 for a total gain of $101.88 (13.25%).
And, the HOMERUN OF THE DAY is clearly Capricor Therapeutics (CAPR) reported that it had a 100% survival of its patients treated with CAP-1002. All were in deep respiratory distress and 5 of the 6 were on ventilators. Four of the six have already been discharged. The stock, which has been reversed twice, most recently 1:10, and the last time 1:50 finished the day $8.50 +6.09 (252.7%) Clearly a home run. But with a side note since the adjusted high after both reverses is $2,720. Quite a destroyer of equity.
FOOD SUPPLY: was LOWER with TSN +.74, BGS -.75, FLO -.47, CAG -.19, MDLZ -.55, KHC +.81, CALM -.79, JJSF +10.71 (8.48%), SAFM -3.43, and LANC +3.09.
BIOPHARMA: was HIGHER with BIIB -.46, ABBV +1.20, REGN -17.26 (3.27%), ISRG +16.27 (3.23%), GILD +6.37, MYL +1.06, TEVA +.36, VRTX +1.54, BHC +.95, INCY -1.71, ICPT +1.07, LABU +1.36, and IBB $126.55 +1.74 (1.39%).
CANNABIS: This group was HIGHER with TLRY +.18, CGC +.46, CRON +.06, GWPH -.18, ACB +.01, PYX +.03, NBEV +.03, CURLF +.30 (6.67%), KERN -.21 and MJ $12.44 +.18 (1.47%).
DEFENSE: was HIGHER with LMT +8.17, RTX +3.39, GD +.71, TXT +1.48, NOC -12.70, BWXT -.07, TDY +12.71 and ITA $161.85 +7.91 (5.14%).
RETAIL was HIGHER with WMT the big loser again -3.89 (3.04%), M +.26, JWN -.02, KSS +.66, DDS -.45, JCP -.017, TGT +.85, TJX +4.90 (9.98%), RL +2.53, UAA +.19, LULU +7.96, TPPR +1.24 (7.7%), CPRI +1.68 (11.17%), and XRT $37.92 +1.10 (2.99%).
FAANG and Big Cap: were HIGHER with GOOGL +112.43 (9.12%), AMZN +104.12 (4.5%), AAPL +13.72 (4.92%), FB +31.66 (17.31%), NFLX +8.68, NVDA +9.44, TSLA +101.80 (13.25%), BABA +7.15, BIDU +3.12, CMG +26.64, BA +9.65, CAT +5.28, DIS +6.51 (6.13%) and XLK $93.45 +5.25 (5.95%).
FINANCIALS were HIGHER with GS 5.49, JPM +3.71, BAC +1.31, MS +1.43, C +4.04 (8.56%), PNC +5.00, AIG +2.52 (9.97%), TRV +1.72, AXP +9.16 (10.39%), V +13.74 (8.02%) and XLF $23.38 +.66 (2.9%).
OIL, $15.06 +2.72. Oil was higher again today and seems to be making a decent show of making an important bottom. Tonight, it is higher again trading 15.95 +.89. The stocks were also much higher with gains of between 6% on the big names and as much as 30% on some of the small ones. XLE closed $39.95 +3.77 (5.63%).
METALS, GOLD: $1,713.40 -8.80. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 yesterday I was a buyer. We took the downside move this morning and averaged down @ $1.06, and they closed $1.61. We are also long NEM.
BITCOIN: closed $8825 +1045. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $9.60 +1.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading May 6th

Oil +20% Again
Rally Fades by Half
Today’s market got off to a strong start yet again but at the end of the day we had two down waves starting around 2:45 that cut gains by about 2/3. Market internals were a bit on the soft side with NYSE A/D only 4:3 and NASDAQ 17:15. Volume was lighter than the past few days and the DJIA had 21 up and 9 down. The biggest losers were BA -41 and MCD -18 DPs while the gainers were UNH +37, AAPL +30 and HD +26 DPs. All these names were higher before the last hour with AAPL trading $301 but finishing $297.80. The news of the day on the economy was not great. ISM Non-manufacturing Index for Aprildropped to 41.8from 52.5 in March. 50% is the breakpoint for expansion/contraction. The trade balance showed a widening in the deficit to $44.4 billion from $39.8 in February. Exports were down $20 billion. Tomorrow we have the ADP Employment change report for April and weekly MBA Mortgage applications.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://drive.google.com/file/d/1RxpgADmtffzTPWRgeZ_UrfL4LszWvZR1/view?usp=sharing
SECTORS: Earnings played a part in today’s market. NEM was a strong report and the stock, already up from $58 on Friday finished the day $64.91 +2.17 (3.46%), DIS was the big loser with volumes down due to closed parks and no production taking place at the studios. Streaming is strong, but a big piece is being done at reduced rates or even for free. At the close the stock was $101.06 -2.12 but after a small rally, the conference call started and after the company disclosed it is suspending its dividend for the first half it slid to 99.25. BYND reported good sales growth and the recent closures of several major meat processing plants has been buoying prices. The stock has rallied off an April low of $57 and closed today $100.16 +5.00 and is currently trading $105 + $5 more.
Two companies in the same business, EA and ATVI went in opposite directions. EA was a miss and after closing $119.61 +2.78 it fell t0 112.12 and is currently 113.98 – 5.62. Activision (ATVI) beat handily and it had closed 68.53 +1.83 and is now $72.40 + 3.87 more. Pinterest (PINS) had risen from a low of $10.10 last month to close $20.81 -.62 but missed on several metrics and has traded down to $16.70 and is $17.15 – 3.66. Also, on the bad news side, UAL finished $24.12 -1.14 (4.5%) and Norwegian Cruise (NCLH) warned about it continuing as a “going concern.” The stock is down from $60 and finished the day $11.18 -3.26 (22.58%).
FOOD SUPPLY: was HIGHER with TSN +1.57, BGS +.77, FLO +.11, CAG -.03, MDLZ +.19, KHC +.02, CALM -.39, JJSF +2.66, SAFM +1.97, and LANC +7.67 (5.68%).
BIOPHARMA: was HIGHER with BIIB +9.46, ABBV +4.14, REGN +32.55 (6.01%), ISRG +15.01, GILD -1.54, MYL +.05, TEVA +.31, VRTX +7.81, BHC +.10, INCY -2.17, ICPT +1.71, LABU +2.58 and IBB $127.00 +2.45 (1.97%).
CANNABIS: This group was LOWER with TLRY -.27, CGC +.10, CRON -.08, GWPH +.72, ACB -.012, PYX -.74, NBEV -.02, CURLF +.06, KERN -.01 and MJ $11.90 -.05 (.42%).
DEFENSE: was HIGHER with LMT +10.14, RTX +.15, GD +1.72, TXT -.34, NOC +6.18, BWXT +3.09 (6.05%), TDY +1.22 and ITA $147.45 +.01.
RETAIL was MIXED with M -.06, JWN -.52, KSS -.27, DDS -1.31 (4.8%), JCP -.0145, WMT +1.04, TGT +.14, TJX +.14, RL +.45, UAA -.31, LULU -.48, TPR unch., CPRI -.07, and XRT $36.16 +.31 (.86%).
FAANG and Big Cap: were HIGHER with GOOGL +36.89, AMZN +7.98, AAPL +5.54, FB +2.39, NFLX -1.65, NVDA +3.94, TSLA +12.31, BABA +4.50, BIDU +.84, CMG -5.75, CAT +1.96, BA -4.96, DIS (see above), and XLK $91.45 +1.37 (1.52%).
FINANCIALS were MIXED with GS +2.97, JPM +.01, BAC -.19, MS -.02, C -1.15, PNC -1.61, AIG +.73, TRV -.06, AXP +.62, V +2.29, and XLF $21.79 -.07 (.32%).
OIL, $24.56 +4.17. Oil was higher overnight and the rally continued on all day. The stocks were mixed with only the big names moving higher. XLE closed $37.52 +.43 (1.16%).
METALS, GOLD: $1,710.60 -2.70. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We were stopped out of our position in the 5/15 165 calls and I replaced them with the $163 strike. We are also long NEM.
BITCOIN: closed $8985 +50. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher with a high of 9560. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $10.02 + .05 today.
Tomorrow is another day.
CAM
submitted by Dashover to pennystocks [link] [comments]

For Trading May 6th

Oil +20% Again
Rally Fades by Half
Today’s market got off to a strong start yet again but at the end of the day we had two down waves starting around 2:45 that cut gains by about 2/3. Market internals were a bit on the soft side with NYSE A/D only 4:3 and NASDAQ 17:15. Volume was lighter than the past few days and the DJIA had 21 up and 9 down. The biggest losers were BA -41 and MCD -18 DPs while the gainers were UNH +37, AAPL +30 and HD +26 DPs. All these names were higher before the last hour with AAPL trading $301 but finishing $297.80. The news of the day on the economy was not great. ISM Non-manufacturing Index for Aprildropped to 41.8from 52.5 in March. 50% is the breakpoint for expansion/contraction. The trade balance showed a widening in the deficit to $44.4 billion from $39.8 in February. Exports were down $20 billion. Tomorrow we have the ADP Employment change report for April and weekly MBA Mortgage applications.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://drive.google.com/file/d/1RxpgADmtffzTPWRgeZ_UrfL4LszWvZR1/view?usp=sharing
SECTORS: Earnings played a part in today’s market. NEM was a strong report and the stock, already up from $58 on Friday finished the day $64.91 +2.17 (3.46%), DIS was the big loser with volumes down due to closed parks and no production taking place at the studios. Streaming is strong, but a big piece is being done at reduced rates or even for free. At the close the stock was $101.06 -2.12 but after a small rally, the conference call started and after the company disclosed it is suspending its dividend for the first half it slid to 99.25. BYND reported good sales growth and the recent closures of several major meat processing plants has been buoying prices. The stock has rallied off an April low of $57 and closed today $100.16 +5.00 and is currently trading $105 + $5 more.
Two companies in the same business, EA and ATVI went in opposite directions. EA was a miss and after closing $119.61 +2.78 it fell t0 112.12 and is currently 113.98 – 5.62. Activision (ATVI) beat handily and it had closed 68.53 +1.83 and is now $72.40 + 3.87 more. Pinterest (PINS) had risen from a low of $10.10 last month to close $20.81 -.62 but missed on several metrics and has traded down to $16.70 and is $17.15 – 3.66. Also, on the bad news side, UAL finished $24.12 -1.14 (4.5%) and Norwegian Cruise (NCLH) warned about it continuing as a “going concern.” The stock is down from $60 and finished the day $11.18 -3.26 (22.58%).
FOOD SUPPLY: was HIGHER with TSN +1.57, BGS +.77, FLO +.11, CAG -.03, MDLZ +.19, KHC +.02, CALM -.39, JJSF +2.66, SAFM +1.97, and LANC +7.67 (5.68%).
BIOPHARMA: was HIGHER with BIIB +9.46, ABBV +4.14, REGN +32.55 (6.01%), ISRG +15.01, GILD -1.54, MYL +.05, TEVA +.31, VRTX +7.81, BHC +.10, INCY -2.17, ICPT +1.71, LABU +2.58 and IBB $127.00 +2.45 (1.97%).
CANNABIS: This group was LOWER with TLRY -.27, CGC +.10, CRON -.08, GWPH +.72, ACB -.012, PYX -.74, NBEV -.02, CURLF +.06, KERN -.01 and MJ $11.90 -.05 (.42%).
DEFENSE: was HIGHER with LMT +10.14, RTX +.15, GD +1.72, TXT -.34, NOC +6.18, BWXT +3.09 (6.05%), TDY +1.22 and ITA $147.45 +.01.
RETAIL was MIXED with M -.06, JWN -.52, KSS -.27, DDS -1.31 (4.8%), JCP -.0145, WMT +1.04, TGT +.14, TJX +.14, RL +.45, UAA -.31, LULU -.48, TPR unch., CPRI -.07, and XRT $36.16 +.31 (.86%).
FAANG and Big Cap: were HIGHER with GOOGL +36.89, AMZN +7.98, AAPL +5.54, FB +2.39, NFLX -1.65, NVDA +3.94, TSLA +12.31, BABA +4.50, BIDU +.84, CMG -5.75, CAT +1.96, BA -4.96, DIS (see above), and XLK $91.45 +1.37 (1.52%).
FINANCIALS were MIXED with GS +2.97, JPM +.01, BAC -.19, MS -.02, C -1.15, PNC -1.61, AIG +.73, TRV -.06, AXP +.62, V +2.29, and XLF $21.79 -.07 (.32%).
OIL, $24.56 +4.17. Oil was higher overnight and the rally continued on all day. The stocks were mixed with only the big names moving higher. XLE closed $37.52 +.43 (1.16%).
METALS, GOLD: $1,710.60 -2.70. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We were stopped out of our position in the 5/15 165 calls and I replaced them with the $163 strike. We are also long NEM.
BITCOIN: closed $8985 +50. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher with a high of 9560. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $10.02 + .05 today.
Tomorrow is another day.
CAM
submitted by Dashover to options [link] [comments]

For Trading April 30th Market Mover’s

For Trading April 30th
OIL Moves Higher
GOOGL, TSLA, & MSFT Blow Away Numbers
Russell the Big Winner
Today’s market got off to a dramatic start when already +200 in the futures, GILD came out with positive news on the NIAID trial for Remdesivir and we added an additional 250 to the open. The Fed FOMC was a nonevent, but after the Q&A, it became obvious that the money train would keep rolling, the Gold moved higher. The final numbers were impressive with DJIA +532.31 (2.21%), NASDAQ +306.98 (3.57%), S&P 500 +76.12 (2.66%), the Russell, the big winner +62.68 (4.83%) and the DJ Transports +221.30 (2.63%). Market internals were strong with NYSE 7:1 and NASDAQ 4:1 and for the first time in recent memory, volume was higher. The DJIA was 24:6 with WMT the only double-digit loser -30 DPs while on the upside we had V +72, AAPL +62, AXP & BA +53, and MSFT +52 (and more coming in the morning).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/el59hhpILHY
SECTORS: Earnings played a big part in today’s market. After the close last night, we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and finished the evening $1267 +35. It continued higher today and finished $1345.02 +112.43 (9.12%). After today’s close we heard from a few of the other FAANG names. FaceBook was a miss both top and bottom but the guidance they gave on ad spending was upbeat. After closing 194.19 +11.28 it to 214.57 + another $20. MSFT beat on both numbers and after closing $177.43 +7.62 it shot higher to 186.52 before closing $181.25 + 3.82. TSLA was the last one to report and the stock has been on a tear from a low of $350 in mid-March to close today $800.51 +31.39 and put out a profitable quarter and talked about it big truck. The stock moved to $886.89 and closed $870.30 for a total gain of $101.88 (13.25%).
And, the HOMERUN OF THE DAY is clearly Capricor Therapeutics (CAPR) reported that it had a 100% survival of its patients treated with CAP-1002. All were in deep respiratory distress and 5 of the 6 were on ventilators. Four of the six have already been discharged. The stock, which has been reversed twice, most recently 1:10, and the last time 1:50 finished the day $8.50 +6.09 (252.7%) Clearly a home run. But with a side note since the adjusted high after both reverses is $2,720. Quite a destroyer of equity.
FOOD SUPPLY: was LOWER with TSN +.74, BGS -.75, FLO -.47, CAG -.19, MDLZ -.55, KHC +.81, CALM -.79, JJSF +10.71 (8.48%), SAFM -3.43, and LANC +3.09.
BIOPHARMA: was HIGHER with BIIB -.46, ABBV +1.20, REGN -17.26 (3.27%), ISRG +16.27 (3.23%), GILD +6.37, MYL +1.06, TEVA +.36, VRTX +1.54, BHC +.95, INCY -1.71, ICPT +1.07, LABU +1.36, and IBB $126.55 +1.74 (1.39%).
CANNABIS: This group was HIGHER with TLRY +.18, CGC +.46, CRON +.06, GWPH -.18, ACB +.01, PYX +.03, NBEV +.03, CURLF +.30 (6.67%), KERN -.21 and MJ $12.44 +.18 (1.47%).
DEFENSE: was HIGHER with LMT +8.17, RTX +3.39, GD +.71, TXT +1.48, NOC -12.70, BWXT -.07, TDY +12.71 and ITA $161.85 +7.91 (5.14%).
RETAIL was HIGHER with WMT the big loser again -3.89 (3.04%), M +.26, JWN -.02, KSS +.66, DDS -.45, JCP -.017, TGT +.85, TJX +4.90 (9.98%), RL +2.53, UAA +.19, LULU +7.96, TPPR +1.24 (7.7%), CPRI +1.68 (11.17%), and XRT $37.92 +1.10 (2.99%).
FAANG and Big Cap: were HIGHER with GOOGL +112.43 (9.12%), AMZN +104.12 (4.5%), AAPL +13.72 (4.92%), FB +31.66 (17.31%), NFLX +8.68, NVDA +9.44, TSLA +101.80 (13.25%), BABA +7.15, BIDU +3.12, CMG +26.64, BA +9.65, CAT +5.28, DIS +6.51 (6.13%) and XLK $93.45 +5.25 (5.95%).
FINANCIALS were HIGHER with GS 5.49, JPM +3.71, BAC +1.31, MS +1.43, C +4.04 (8.56%), PNC +5.00, AIG +2.52 (9.97%), TRV +1.72, AXP +9.16 (10.39%), V +13.74 (8.02%) and XLF $23.38 +.66 (2.9%).
OIL, $15.06 +2.72. Oil was higher again today and seems to be making a decent show of making an important bottom. Tonight, it is higher again trading 15.95 +.89. The stocks were also much higher with gains of between 6% on the big names and as much as 30% on some of the small ones. XLE closed $39.95 +3.77 (5.63%).
METALS, GOLD: $1,713.40 -8.80. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 yesterday I was a buyer. We took the downside move this morning and averaged down @ $1.06, and they closed $1.61. We are also long NEM.
BITCOIN: closed $8825 +1045. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $9.60 +1.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to pennystocks [link] [comments]

For Trading April 30th

OIL Moves Higher
GOOGL, TSLA, & MSFT Blow Away Numbers
Russell the Big Winner
Today’s market got off to a dramatic start when already +200 in the futures, GILD came out with positive news on the NIAID trial for Remdesivir and we added an additional 250 to the open. The Fed FOMC was a nonevent, but after the Q&A, it became obvious that the money train would keep rolling, the Gold moved higher. The final numbers were impressive with DJIA +532.31 (2.21%), NASDAQ +306.98 (3.57%), S&P 500 +76.12 (2.66%), the Russell, the big winner +62.68 (4.83%) and the DJ Transports +221.30 (2.63%). Market internals were strong with NYSE 7:1 and NASDAQ 4:1 and for the first time in recent memory, volume was higher. The DJIA was 24:6 with WMT the only double-digit loser -30 DPs while on the upside we had V +72, AAPL +62, AXP & BA +53, and MSFT +52 (and more coming in the morning).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/el59hhpILHY
SECTORS: Earnings played a big part in today’s market. After the close last night, we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and finished the evening $1267 +35. It continued higher today and finished $1345.02 +112.43 (9.12%). After today’s close we heard from a few of the other FAANG names. FaceBook was a miss both top and bottom but the guidance they gave on ad spending was upbeat. After closing 194.19 +11.28 it to 214.57 + another $20. MSFT beat on both numbers and after closing $177.43 +7.62 it shot higher to 186.52 before closing $181.25 + 3.82. TSLA was the last one to report and the stock has been on a tear from a low of $350 in mid-March to close today $800.51 +31.39 and put out a profitable quarter and talked about it big truck. The stock moved to $886.89 and closed $870.30 for a total gain of $101.88 (13.25%).
And, the HOMERUN OF THE DAY is clearly Capricor Therapeutics (CAPR) reported that it had a 100% survival of its patients treated with CAP-1002. All were in deep respiratory distress and 5 of the 6 were on ventilators. Four of the six have already been discharged. The stock, which has been reversed twice, most recently 1:10, and the last time 1:50 finished the day $8.50 +6.09 (252.7%) Clearly a home run. But with a side note since the adjusted high after both reverses is $2,720. Quite a destroyer of equity.
FOOD SUPPLY: was LOWER with TSN +.74, BGS -.75, FLO -.47, CAG -.19, MDLZ -.55, KHC +.81, CALM -.79, JJSF +10.71 (8.48%), SAFM -3.43, and LANC +3.09.
BIOPHARMA: was HIGHER with BIIB -.46, ABBV +1.20, REGN -17.26 (3.27%), ISRG +16.27 (3.23%), GILD +6.37, MYL +1.06, TEVA +.36, VRTX +1.54, BHC +.95, INCY -1.71, ICPT +1.07, LABU +1.36, and IBB $126.55 +1.74 (1.39%).
CANNABIS: This group was HIGHER with TLRY +.18, CGC +.46, CRON +.06, GWPH -.18, ACB +.01, PYX +.03, NBEV +.03, CURLF +.30 (6.67%), KERN -.21 and MJ $12.44 +.18 (1.47%).
DEFENSE: was HIGHER with LMT +8.17, RTX +3.39, GD +.71, TXT +1.48, NOC -12.70, BWXT -.07, TDY +12.71 and ITA $161.85 +7.91 (5.14%).
RETAIL was HIGHER with WMT the big loser again -3.89 (3.04%), M +.26, JWN -.02, KSS +.66, DDS -.45, JCP -.017, TGT +.85, TJX +4.90 (9.98%), RL +2.53, UAA +.19, LULU +7.96, TPPR +1.24 (7.7%), CPRI +1.68 (11.17%), and XRT $37.92 +1.10 (2.99%).
FAANG and Big Cap: were HIGHER with GOOGL +112.43 (9.12%), AMZN +104.12 (4.5%), AAPL +13.72 (4.92%), FB +31.66 (17.31%), NFLX +8.68, NVDA +9.44, TSLA +101.80 (13.25%), BABA +7.15, BIDU +3.12, CMG +26.64, BA +9.65, CAT +5.28, DIS +6.51 (6.13%) and XLK $93.45 +5.25 (5.95%).
FINANCIALS were HIGHER with GS 5.49, JPM +3.71, BAC +1.31, MS +1.43, C +4.04 (8.56%), PNC +5.00, AIG +2.52 (9.97%), TRV +1.72, AXP +9.16 (10.39%), V +13.74 (8.02%) and XLF $23.38 +.66 (2.9%).
OIL, $15.06 +2.72. Oil was higher again today and seems to be making a decent show of making an important bottom. Tonight, it is higher again trading 15.95 +.89. The stocks were also much higher with gains of between 6% on the big names and as much as 30% on some of the small ones. XLE closed $39.95 +3.77 (5.63%).
METALS, GOLD: $1,713.40 -8.80. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 yesterday I was a buyer. We took the downside move this morning and averaged down @ $1.06, and they closed $1.61. We are also long NEM.
BITCOIN: closed $8825 +1045. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $9.60 +1.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Crossing the Ocean | Monthly FI Portfolio Update - February 2020

No one would have crossed the ocean if he could have gotten off the ship in the storm.
Charles Kettering
This is my thirty-ninth portfolio update. I complete this update monthly to check my progress against my goal.
Portfolio goal
My objective is to reach a portfolio of $2 180 000 by 1 July 2021. This would produce a real annual income of about $87 000 (in 2020 dollars).
This portfolio objective is based on an expected average real return of 3.99 per cent, or a nominal return of 6.49 per cent.
Portfolio summary
Vanguard Lifestrategy High Growth Fund – $772 191
Vanguard Lifestrategy Growth Fund – $44 099
Vanguard Lifestrategy Balanced Fund – $81 139
Vanguard Diversified Bonds Fund – $111 360
Vanguard Australian Shares ETF (VAS) – $174 810
Vanguard International Shares ETF (VGS) – $32 294
Betashares Australia 200 ETF (A200) – $250 949
Telstra shares (TLS) – $1 844
Insurance Australia Group shares (IAG) – $8 083
NIB Holdings shares (NHF) – $5 580
Gold ETF (GOLD.ASX) – $114 375
Secured physical gold – $18 455
Ratesetter* (P2P lending) – $13 971
Bitcoin – $149 920
Raiz* app (Aggressive portfolio) – $17 424
Spaceship Voyager* app (Index portfolio) – $2 446
BrickX (P2P rental real estate) – $4 485
Total portfolio value: $1 803 425 (-$69 900 or -3.7%)
Asset allocation
Australian shares – 42.1% (2.9% under)
Global shares – 22.3%
Emerging markets shares – 2.3%
International small companies – 3.1%
Total international shares – 27.7% (2.3% under)
Total shares – 69.8% (5.2% under)
Total property securities – 0.2% (0.2% over)
Australian bonds – 4.6%
International bonds – 9.7%
Total bonds – 14.3% (0.7% under)
Gold – 7.4%
Bitcoin – 9.7%
Gold and alternatives – 15.7% (5.7% over)
Presented visually, below is a high-level view of the current asset allocation of the portfolio.
[Chart]
Comments
Equity markets fell significantly this month, resulting in a portfolio loss of around $70 000. This is the largest monthly fall across the three years of this record in dollar terms, and the third largest as a proportion of assets.
[Chart]
The falls follow a large increase in the portfolio value last month, and have occurred amidst increasing global impacts and fears from the spread of the Corona virus. The losses are mainly in Australian and global equities and have been concentrated in the last two weeks.
Overall, the portfolio fell around 6 per cent from a peak in mid-February. Amidst this downward movement, gold and Bitcoin have performed relatively positively, with the price of gold increasing and Bitcoin mostly maintaining its value. Consistent with their role of diversifying portfolio risks, the value of bond holdings slightly increased over the period.
[Chart]
The equity market losses have left the portfolio below its target Australian equity weighting, so contributions this month have been made to Vanguard's Australian shares ETF (VAS).
In better news, this month expenditure has been lower than over the summer holiday period, continuing the broader declining trend. The most significant development in looking at the rolling three-year comparison of distributions and expenditure, however, is a new downward slope in distributions.
[Chart]
This is the first in this particular record, and results from the three year averaging window starting to move beyond a period of exceptionally high distributions in 2017. So it is an artefact of the chosen time period, and, for example, the equivalent four year comparison does not show this.
Relocating the emergency stores
This month has also seen a small re-entry into exploration of the world of fintech, through opening an account with Neo-bank Xinja. The motivation was an interest rate of 2.25 per cent, with no complex bonus eligibility rules. Added to this was curiosity about the experience with the product.
The sign-up process was quick and easy, and I am planning to use it instead of a previous Ubank USaver online account - paying less than half of that in interest - for my emergency fund. So far the process has been smooth, and the pre-tax benefit of the switch from the improved rate is around $33 per month.
Worse things happen at sea - modelling future portfolio risks
With a range of markets at or close to highs, pushing progress towards my financial objective forwards in past weeks, I had been considering the issue of downside portfolio risk. Needless to say, the past week has reinforced the value of reflecting on that risk.
To keep this issue steadily in view I have for the past year kept a rough and ready data series, called 'Market Event', which rather crudely assumes a rapid 25 per cent fall in equity values. Over the past month I have spent time considering and building a slightly more sophisticated way of modelling the impact of market falls on the portfolio.
This allows some simple scenarios to be modelled, and recognises the potential for different behaviour of individual parts of the portfolio (for example, equities, bonds, gold and Bitcoin) in equity market falls. The value in this is that it allows better visibility of what the portfolio could look like after what are, in historical terms, quite regular occurrences.
The three illustrative scenarios modelled are:
These are imperfect simplifications of a myriad of possible events over different timeframes. Yet they are still sufficient to give a sense of the range of underlying risks in equity markets.
The question they help answer is: just how does diversification actually reduce risk and volatility? In the scenarios below it is assumed that losses in equities are partly offset by gains in alternative diversifying assets (such as bonds, gold or even - more speculatively - Bitcoin).
The reactions of these alternative assets to equity market falls are not a constant. In fact, research indicates (pdf) that from the early 2000s bonds have transitioned from being negatively correlated to equity (rising when equity prices fall), to be mildly positively correlated at times.
Therefore, populating the three scenarios in Figure 1 has included some assumptions, drawing typically on long-term historical averages and some judgement, rather than just extrapolating performance over the past 15 years.
Testing the waters - the scenarios results
The results of each of these scenarios are set out below.
Figure 1 - Illustrative Effect of Three Market Scenarios on the FI Portfolio
[Diagram]
Some observations on the scenarios and model outputs are:
Critically, the results of this thought experiment are sensitive to correlation assumptions.
Relationships between assets returns change over time, in both direction and magnitude. This means reliance on historical relationships is not a certain guide. In the case of Bitcoin, especially, no long historical pattern of relationship exists. Changing the magnitudes or the plus or minus sign from the correlation assumptions I have adopted produces quite different results.
Progress
Progress against the objective, and the additional measures I have reached is set out below.
Measure Portfolio All Assets Portfolio objective – $2 180 000 (or $87 000 pa) 82.7% 112.8% Credit card purchases – $71 000 pa 100.9% 137.6% Total expenses – $89 000 pa 80.9% 110.3%
Summary
This month has seen a transition from the heat of summer, smoke, into storms and an unsettled period. This has been reflected in both daily life as well as in the continuing volatility in markets and the portfolio. It has felt like a changing of perspective, and a shifting vantage point upon the world.
The last post sought to trace my shifting perceptions and actions while investing through the Global Financial Crisis. A barrier to this was reconstructing contemporaneous thoughts from the persistent embrace of hindsight bias. This record is partly designed to overcome that problem.
My perceptions on current falls are that they are unsurprising given the strong record of equity markets over the past decade, but that it is simply unknown and unknowable whether they represent a 'typical' pull back that routinely occurs, or the opening stages of a sustained downturn in equity markets lasting 12-24 months.
These times can lead to a sense of being a passive observer of events beyond our control. The potential loss analysis above - which was started before the recent downturn - is designed to at least start to put some boundaries around these uncertainties, and volatility. To 'practice' - as it were - facing possible outcomes before we come upon them. Regularly reviewing downside exposures helps re-check that the portfolio risk is at the right level, and avoid complacency from past market gains by reinforcing their potentially temporary nature.
Another method of addressing the same issue is to maintain flexibility around future spending rules or withdrawal rates. This paper (pdf) from Vanguard proposes a particular 'dynamic spending rule'. This places moving 'guardrails' around a spending level, partially recognising the value of market gains (or losses). As a concept, this is potentially a helpful update to simple 'rules of thumb' such as the 4.0 per cent safe withdrawal rate (or its 2012 updated version, the 4.5 per cent 'rule').
On the same topic, from a different direction, I have been interested in the findings of this research paper (pdf) based on a century of data of Australian equity returns. It makes a strong case for lowering expectations for future returns. Similarly, this interview provides an intriguing suggestion of how the next global financial crisis may originate from central banks, rather than private debt or equity markets.
Finally, Credit Suisse have released their annual yearbook of global investment. This year unfortunately only a partial snapshot of global returns is given. This work highlights the changing nature of global investment through time, as sectors and technologies change, and provides useful historical checks on past global equity returns (5.2 per cent on a geometric basis).
Backed by a century of data, it also reinforces the truism that most journeys are defined by their end, even though storms and uncertainties may assail us on the passage.
The post, links and full charts can be seen here.
submitted by thefiexpl to fiaustralia [link] [comments]

Price Analysis 5/13: BTC, ETH, XRP, BCH, BSV, LTC, EOS, XTZ, XLM

Price Analysis 5/13: BTC, ETH, XRP, BCH, BSV, LTC, EOS, XTZ, XLM
BTC/USD
Bitcoin (BTC) nosedived on May 10 and fell to a low of $8,130.58. This sharp fall triggered the stop loss on the remaining long position that was proposed to be kept at $9,000 in a previous analysis.

BTC–USD daily chart. Source: Tradingview
On May 10 and 11, the bulls aggressively defended the uptrend line. This could have led to short covering by the aggressive bears. The breakout above the 20-day EMA ($8,662) further strengthened the case for a possible retest of $10,000 levels.
The 20-day exponential moving average has started to slope up once again and the relative strength index has bounced off from close to the midpoint. This suggests that the bulls are in command and the path of least resistance is to the upside.
Above $9,200, a move to $10,000 is possible. The bears are likely to mount a stiff resistance between $10,000 and the downtrend line of the symmetrical triangle at $10,700. This zone is likely to be the real test of this up move.
The bullish view will be invalidated if the BTC/USD pair turns down and plummets below the uptrend line and the recent lows of $8,130.58. If that happens, a deeper correction to $6,471.71 is possible.
ETH/USD
The sharp fall in Ether (ETH) on May 10 broke below the support line of the channel, which triggered the suggested stop-loss on the long positions at $185. However, buying near the lows helped the biggest altcoin recover and close (UTC time) inside the channel.

ETH–USD daily chart. Source: Tradingview
On May 11, the bears again attempted to break the uptrend by dragging the 2nd-ranked cryptocurrency on CoinMarketCap below the support line of the channel. However, the bulls again bought the dip.
This could have led to short covering by the aggressive bears and follow up buying by the aggressive bulls. This has propped the ETH/USD pair above the 20-day EMA ($196). The downtrend line might offer stiff resistance but if this level is scaled, the up move can retest $227.097.
Conversely, if the pair turns down from the downtrend line, the bears are likely to make another attempt to sink the price below the channel and the recent low of $176.112. If successful, a deeper correction is likely.
XRP/USD
XRP plunged to a low of $0.17898 on May 10. This sharp decline triggered our proposed stop-loss on the long positions at $0.20. However, the positive thing is that the bulls bought the dips aggressively.

XRP–USD daily chart. Source: Tradingview
Currently, the bulls are attempting to push the 3rd-ranked cryptocurrency on CoinMarketCap above the 20-day EMA ($0.20).
If successful, an up move to the downtrend line is possible. A breakout of the downtrend line will signal strength and can result in a rally to the $0.23612-$0.24770 resistance zone.
On the other hand, if the XRP/USD pair turns down from the downtrend line, the bears will make another attempt to break the $0.17372 support. If that happens, a drop to $0.14 is possible.
BCH/USD
Bitcoin Cash (BCH) has been consolidating between $200 and $280.47 for more than a month. When the price is stuck in such a large range, traders can buy near the support and sell near the resistance.

BCH–USD daily chart. Source: Tradingview
The 5th-ranked cryptocurrency on CoinMarketCap turned down from the resistance of the range on May 9 and plunged to a low of $217.55 on May 11. Although the bulls purchased this dip, they have not been able to propel the price above the 20-day EMA ($243), which suggests a lack of momentum.
If the BCH/USD pair turns down from the current levels, a drop to $200 is possible. Conversely, if the bulls can push the price above the 20-day EMA, a move to $280.47 is likely.
XLM/USD
Stellar Lumens (XLM) has been in an uptrend for the past few weeks. With the sharp selloff on May 10 and 11, the bears attempted to change the trend but they could not sustain the price below $0.060.

XLM–USD daily chart. Source: Tradingview
This showed that the bulls were buying the dips to $0.060. On May 12, the 11th-ranked cryptocurrency on CoinMarketCap surged, which suggested that more buyers came onboard as the confidence picked up.
Currently, the up move is facing resistance at the uptrend line but the bulls have not given up much ground. This increases the possibility of a breakout of the uptrend line. If successful, the XLM/USD pair can rally to $0.076994.
The pair remains positive as long as it sustains above the $0.060 levels. A trend change will be signaled if the bears sink the pair below this support.
EOS/USD
The failure of the bulls to break above the downtrend line attracted profit booking that dragged EOS below the uptrend line and the moving averages on May 10. That triggered the suggested stop loss on the long positions at $2.50.

EOS–USD daily chart. Source: Tradingview
Currently, the bulls are struggling to push the 9th-ranked cryptocurrency on CoinMarketCap above the moving averages. This suggests a lack of demand at higher levels.
If the EOS/USD pair does not rise above the downtrend line within the next few days, the bears will make another attempt to resume the downtrend.
The 20-day EMA ($2.64) has started to turn down and the RSI has plunged into the negative territory. This suggests that the bears are in command. If the pair sustains below $2.3314, the downtrend is likely to resume.
LTC/USD
Litecoin (LTC) turned down from the downtrend line and nosedived below the moving averages and made an intraday low of $39.3920 on May 10. This triggered the recommended stop-loss on the long positions at $42.

LTC–USD daily chart. Source: Tradingview
Although the bears attempted to sink the 7th-ranked cryptocurrency on CoinMarketCap below $39 on May 10 and 11, they could not do so. This suggests that buyers stepped in closer to this level.
However, the bounce off the $39 levels has not been able to sustain above the 50-day simple moving average ($43). This suggests that demand dries up at higher levels. If the LTC/USD pair turns down from the current levels, a retest of $39 is possible. A break below this level will start a downtrend.
Conversely, if the bulls can drive the price above the downtrend line, a rally to the $50.7864-$52.2803 range is possible.
BSV/USD
Bitcoin SV (BSV) fell from close to the resistance of the range to the support of the range within two days. The bulls purchased the drop to the support of the range at $170 on May 10 and 11, which is a positive sign.

BSV–USD daily chart. Source: Tradingview
This increases the possibility of a range-bound movement in the 6th-ranked cryptocurrency on CoinMarketCap. A break above the 20-day EMA ($197) can carry the price to the top of the range at $227. Above this level, a new uptrend is likely.
Conversely, if the BSV/USD pair turns down from the current levels, the bears might make one more attempt to sink the price below $170. If successful, a downtrend will begin.
XTZ/USD
Tezos (XTZ) plunged below the critical $2.55900337 support on May 10, which triggered the stop loss on the remaining long positions at $2.55 as suggested in the previous analysis.
XTZ–USD daily chart. Source: Tradingview
Although the bears broke below the support line of the ascending channel on May 10 and 11, they could sustain the price below it. This suggests that the bulls are attempting to keep the 10th-ranked cryptocurrency on CoinMarketCap inside the channel.
If the bulls can break out and sustain the price above the 20-day EMA ($2.59), it will increase the possibility of a move back to $3.07369598. Hence, this can offer a buying opportunity.
This bullish view will be invalidated if the XTZ/USD pair turns around from the 20-day EMA and breaks below the 50-day SMA ($2.23). Such a move might signal the start of a new downtrend.
Come and trade on ByteTrade: https://www.byte-trade.com/
submitted by ByteBulls to ByteBullsCrypto [link] [comments]

For Trading May 6th

Oil +20% Again
Rally Fades by Half
Today’s market got off to a strong start yet again but at the end of the day we had two down waves starting around 2:45 that cut gains by about 2/3. Market internals were a bit on the soft side with NYSE A/D only 4:3 and NASDAQ 17:15. Volume was lighter than the past few days and the DJIA had 21 up and 9 down. The biggest losers were BA -41 and MCD -18 DPs while the gainers were UNH +37, AAPL +30 and HD +26 DPs. All these names were higher before the last hour with AAPL trading $301 but finishing $297.80. The news of the day on the economy was not great. ISM Non-manufacturing Index for Aprildropped to 41.8from 52.5 in March. 50% is the breakpoint for expansion/contraction. The trade balance showed a widening in the deficit to $44.4 billion from $39.8 in February. Exports were down $20 billion. Tomorrow we have the ADP Employment change report for April and weekly MBA Mortgage applications.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://drive.google.com/file/d/1RxpgADmtffzTPWRgeZ_UrfL4LszWvZR1/view?usp=sharing
SECTORS: Earnings played a part in today’s market. NEM was a strong report and the stock, already up from $58 on Friday finished the day $64.91 +2.17 (3.46%), DIS was the big loser with volumes down due to closed parks and no production taking place at the studios. Streaming is strong, but a big piece is being done at reduced rates or even for free. At the close the stock was $101.06 -2.12 but after a small rally, the conference call started and after the company disclosed it is suspending its dividend for the first half it slid to 99.25. BYND reported good sales growth and the recent closures of several major meat processing plants has been buoying prices. The stock has rallied off an April low of $57 and closed today $100.16 +5.00 and is currently trading $105 + $5 more.
Two companies in the same business, EA and ATVI went in opposite directions. EA was a miss and after closing $119.61 +2.78 it fell t0 112.12 and is currently 113.98 – 5.62. Activision (ATVI) beat handily and it had closed 68.53 +1.83 and is now $72.40 + 3.87 more. Pinterest (PINS) had risen from a low of $10.10 last month to close $20.81 -.62 but missed on several metrics and has traded down to $16.70 and is $17.15 – 3.66. Also, on the bad news side, UAL finished $24.12 -1.14 (4.5%) and Norwegian Cruise (NCLH) warned about it continuing as a “going concern.” The stock is down from $60 and finished the day $11.18 -3.26 (22.58%).
FOOD SUPPLY: was HIGHER with TSN +1.57, BGS +.77, FLO +.11, CAG -.03, MDLZ +.19, KHC +.02, CALM -.39, JJSF +2.66, SAFM +1.97, and LANC +7.67 (5.68%).
BIOPHARMA: was HIGHER with BIIB +9.46, ABBV +4.14, REGN +32.55 (6.01%), ISRG +15.01, GILD -1.54, MYL +.05, TEVA +.31, VRTX +7.81, BHC +.10, INCY -2.17, ICPT +1.71, LABU +2.58 and IBB $127.00 +2.45 (1.97%).
CANNABIS: This group was LOWER with TLRY -.27, CGC +.10, CRON -.08, GWPH +.72, ACB -.012, PYX -.74, NBEV -.02, CURLF +.06, KERN -.01 and MJ $11.90 -.05 (.42%).
DEFENSE: was HIGHER with LMT +10.14, RTX +.15, GD +1.72, TXT -.34, NOC +6.18, BWXT +3.09 (6.05%), TDY +1.22 and ITA $147.45 +.01.
RETAIL was MIXED with M -.06, JWN -.52, KSS -.27, DDS -1.31 (4.8%), JCP -.0145, WMT +1.04, TGT +.14, TJX +.14, RL +.45, UAA -.31, LULU -.48, TPR unch., CPRI -.07, and XRT $36.16 +.31 (.86%).
FAANG and Big Cap: were HIGHER with GOOGL +36.89, AMZN +7.98, AAPL +5.54, FB +2.39, NFLX -1.65, NVDA +3.94, TSLA +12.31, BABA +4.50, BIDU +.84, CMG -5.75, CAT +1.96, BA -4.96, DIS (see above), and XLK $91.45 +1.37 (1.52%).
FINANCIALS were MIXED with GS +2.97, JPM +.01, BAC -.19, MS -.02, C -1.15, PNC -1.61, AIG +.73, TRV -.06, AXP +.62, V +2.29, and XLF $21.79 -.07 (.32%).
OIL, $24.56 +4.17. Oil was higher overnight and the rally continued on all day. The stocks were mixed with only the big names moving higher. XLE closed $37.52 +.43 (1.16%).
METALS, GOLD: $1,710.60 -2.70. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We were stopped out of our position in the 5/15 165 calls and I replaced them with the $163 strike. We are also long NEM.
BITCOIN: closed $8985 +50. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher with a high of 9560. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $10.02 + .05 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Equity Gold and Oil Updates

For Trading April 30th
OIL Moves Higher
GOOGL, TSLA, & MSFT Blow Away Numbers
Russell the Big Winner
Today’s market got off to a dramatic start when already +200 in the futures, GILD came out with positive news on the NIAID trial for Remdesivir and we added an additional 250 to the open. The Fed FOMC was a nonevent, but after the Q&A, it became obvious that the money train would keep rolling, the Gold moved higher. The final numbers were impressive with DJIA +532.31 (2.21%), NASDAQ +306.98 (3.57%), S&P 500 +76.12 (2.66%), the Russell, the big winner +62.68 (4.83%) and the DJ Transports +221.30 (2.63%). Market internals were strong with NYSE 7:1 and NASDAQ 4:1 and for the first time in recent memory, volume was higher. The DJIA was 24:6 with WMT the only double-digit loser -30 DPs while on the upside we had V +72, AAPL +62, AXP & BA +53, and MSFT +52 (and more coming in the morning).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/el59hhpILHY
SECTORS: Earnings played a big part in today’s market. After the close last night, we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and finished the evening $1267 +35. It continued higher today and finished $1345.02 +112.43 (9.12%). After today’s close we heard from a few of the other FAANG names. FaceBook was a miss both top and bottom but the guidance they gave on ad spending was upbeat. After closing 194.19 +11.28 it to 214.57 + another $20. MSFT beat on both numbers and after closing $177.43 +7.62 it shot higher to 186.52 before closing $181.25 + 3.82. TSLA was the last one to report and the stock has been on a tear from a low of $350 in mid-March to close today $800.51 +31.39 and put out a profitable quarter and talked about it big truck. The stock moved to $886.89 and closed $870.30 for a total gain of $101.88 (13.25%).
And, the HOMERUN OF THE DAY is clearly Capricor Therapeutics (CAPR) reported that it had a 100% survival of its patients treated with CAP-1002. All were in deep respiratory distress and 5 of the 6 were on ventilators. Four of the six have already been discharged. The stock, which has been reversed twice, most recently 1:10, and the last time 1:50 finished the day $8.50 +6.09 (252.7%) Clearly a home run. But with a side note since the adjusted high after both reverses is $2,720. Quite a destroyer of equity.
FOOD SUPPLY: was LOWER with TSN +.74, BGS -.75, FLO -.47, CAG -.19, MDLZ -.55, KHC +.81, CALM -.79, JJSF +10.71 (8.48%), SAFM -3.43, and LANC +3.09.
BIOPHARMA: was HIGHER with BIIB -.46, ABBV +1.20, REGN -17.26 (3.27%), ISRG +16.27 (3.23%), GILD +6.37, MYL +1.06, TEVA +.36, VRTX +1.54, BHC +.95, INCY -1.71, ICPT +1.07, LABU +1.36, and IBB $126.55 +1.74 (1.39%).
CANNABIS: This group was HIGHER with TLRY +.18, CGC +.46, CRON +.06, GWPH -.18, ACB +.01, PYX +.03, NBEV +.03, CURLF +.30 (6.67%), KERN -.21 and MJ $12.44 +.18 (1.47%).
DEFENSE: was HIGHER with LMT +8.17, RTX +3.39, GD +.71, TXT +1.48, NOC -12.70, BWXT -.07, TDY +12.71 and ITA $161.85 +7.91 (5.14%).
RETAIL was HIGHER with WMT the big loser again -3.89 (3.04%), M +.26, JWN -.02, KSS +.66, DDS -.45, JCP -.017, TGT +.85, TJX +4.90 (9.98%), RL +2.53, UAA +.19, LULU +7.96, TPPR +1.24 (7.7%), CPRI +1.68 (11.17%), and XRT $37.92 +1.10 (2.99%).
FAANG and Big Cap: were HIGHER with GOOGL +112.43 (9.12%), AMZN +104.12 (4.5%), AAPL +13.72 (4.92%), FB +31.66 (17.31%), NFLX +8.68, NVDA +9.44, TSLA +101.80 (13.25%), BABA +7.15, BIDU +3.12, CMG +26.64, BA +9.65, CAT +5.28, DIS +6.51 (6.13%) and XLK $93.45 +5.25 (5.95%).
FINANCIALS were HIGHER with GS 5.49, JPM +3.71, BAC +1.31, MS +1.43, C +4.04 (8.56%), PNC +5.00, AIG +2.52 (9.97%), TRV +1.72, AXP +9.16 (10.39%), V +13.74 (8.02%) and XLF $23.38 +.66 (2.9%).
OIL, $15.06 +2.72. Oil was higher again today and seems to be making a decent show of making an important bottom. Tonight, it is higher again trading 15.95 +.89. The stocks were also much higher with gains of between 6% on the big names and as much as 30% on some of the small ones. XLE closed $39.95 +3.77 (5.63%).
METALS, GOLD: $1,713.40 -8.80. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 yesterday I was a buyer. We took the downside move this morning and averaged down @ $1.06, and they closed $1.61. We are also long NEM.
BITCOIN: closed $8825 +1045. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $9.60 +1.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to FuturesTrading [link] [comments]

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

For Trading May 6th

For Trading MAY 6th
Oil +20% Again
Rally Fades by Half
Today’s market got off to a strong start yet again but at the end of the day we had two down waves starting around 2:45 that cut gains by about 2/3. Market internals were a bit on the soft side with NYSE A/D only 4:3 and NASDAQ 17:15. Volume was lighter than the past few days and the DJIA had 21 up and 9 down. The biggest losers were BA -41 and MCD -18 DPs while the gainers were UNH +37, AAPL +30 and HD +26 DPs. All these names were higher before the last hour with AAPL trading $301 but finishing $297.80. The news of the day on the economy was not great. ISM Non-manufacturing Index for Aprildropped to 41.8from 52.5 in March. 50% is the breakpoint for expansion/contraction. The trade balance showed a widening in the deficit to $44.4 billion from $39.8 in February. Exports were down $20 billion. Tomorrow we have the ADP Employment change report for April and weekly MBA Mortgage applications.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://drive.google.com/file/d/1RxpgADmtffzTPWRgeZ_UrfL4LszWvZR1/view?usp=sharing
SECTORS: Earnings played a part in today’s market. NEM was a strong report and the stock, already up from $58 on Friday finished the day $64.91 +2.17 (3.46%), DIS was the big loser with volumes down due to closed parks and no production taking place at the studios. Streaming is strong, but a big piece is being done at reduced rates or even for free. At the close the stock was $101.06 -2.12 but after a small rally, the conference call started and after the company disclosed it is suspending its dividend for the first half it slid to 99.25. BYND reported good sales growth and the recent closures of several major meat processing plants has been buoying prices. The stock has rallied off an April low of $57 and closed today $100.16 +5.00 and is currently trading $105 + $5 more.
Two companies in the same business, EA and ATVI went in opposite directions. EA was a miss and after closing $119.61 +2.78 it fell t0 112.12 and is currently 113.98 – 5.62. Activision (ATVI) beat handily and it had closed 68.53 +1.83 and is now $72.40 + 3.87 more. Pinterest (PINS) had risen from a low of $10.10 last month to close $20.81 -.62 but missed on several metrics and has traded down to $16.70 and is $17.15 – 3.66. Also, on the bad news side, UAL finished $24.12 -1.14 (4.5%) and Norwegian Cruise (NCLH) warned about it continuing as a “going concern.” The stock is down from $60 and finished the day $11.18 -3.26 (22.58%).
FOOD SUPPLY: was HIGHER with TSN +1.57, BGS +.77, FLO +.11, CAG -.03, MDLZ +.19, KHC +.02, CALM -.39, JJSF +2.66, SAFM +1.97, and LANC +7.67 (5.68%).
BIOPHARMA: was HIGHER with BIIB +9.46, ABBV +4.14, REGN +32.55 (6.01%), ISRG +15.01, GILD -1.54, MYL +.05, TEVA +.31, VRTX +7.81, BHC +.10, INCY -2.17, ICPT +1.71, LABU +2.58 and IBB $127.00 +2.45 (1.97%).
CANNABIS: This group was LOWER with TLRY -.27, CGC +.10, CRON -.08, GWPH +.72, ACB -.012, PYX -.74, NBEV -.02, CURLF +.06, KERN -.01 and MJ $11.90 -.05 (.42%).
DEFENSE: was HIGHER with LMT +10.14, RTX +.15, GD +1.72, TXT -.34, NOC +6.18, BWXT +3.09 (6.05%), TDY +1.22 and ITA $147.45 +.01.
RETAIL was MIXED with M -.06, JWN -.52, KSS -.27, DDS -1.31 (4.8%), JCP -.0145, WMT +1.04, TGT +.14, TJX +.14, RL +.45, UAA -.31, LULU -.48, TPR unch., CPRI -.07, and XRT $36.16 +.31 (.86%).
FAANG and Big Cap: were HIGHER with GOOGL +36.89, AMZN +7.98, AAPL +5.54, FB +2.39, NFLX -1.65, NVDA +3.94, TSLA +12.31, BABA +4.50, BIDU +.84, CMG -5.75, CAT +1.96, BA -4.96, DIS (see above), and XLK $91.45 +1.37 (1.52%).
FINANCIALS were MIXED with GS +2.97, JPM +.01, BAC -.19, MS -.02, C -1.15, PNC -1.61, AIG +.73, TRV -.06, AXP +.62, V +2.29, and XLF $21.79 -.07 (.32%).
OIL, $24.56 +4.17. Oil was higher overnight and the rally continued on all day. The stocks were mixed with only the big names moving higher. XLE closed $37.52 +.43 (1.16%).
METALS, GOLD: $1,710.60 -2.70. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We were stopped out of our position in the 5/15 165 calls and I replaced them with the $163 strike. We are also long NEM.
BITCOIN: closed $8985 +50. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher with a high of 9560. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $10.02 + .05 today.
Tomorrow is another day.
CAM
submitted by Dashover to FuturesTrading [link] [comments]

For Trading April 29th

OIL Falters, again
Financials, Energy, and Materials Rally
The Russell Up, NASDAQ Down
Today’s market got off to an upward start and was + 470 by 9:45 but gave it up pretty quickly making the low of -120 by 11:15. From there we had a rally that kept us between -60 and +100 for the next 4 hours finishing -32.23 (.13%), NASDAQ -122.43 (1.4%), S&P 500 -16.09 (.52%), the Russell +16.20 (1.26%) and the DJ Transports +89.90 (1.08%). Bottom line here is that we had really split market with NASDAQ and Russell at opposite ends of the spectrum. Consumer confidence fell hard to 86.9 vs 92 expected and Richmond Fed was -53 vs. +2 expected. Market internals were mixed too, with NYSE 2.5:1 Up while the NAZ was only 9:7 higher. Volume remained light. The DJIA was 17 up, 13 down with the leaders MMM +28, GS +24, AXP +21, and DD and BA +18 DPs. On the downside we had UNH -41, AAPL -31, MSFT -29 and JNJ -19 DPs. Energy, financials and Materials were the strength while Healthcare, info technology and communications services the weakest.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/NSO2vQcSY-o
SECTORS: Earnings played a big part in today’s market. PEP last night with a beat and was +1.86, CINF was a miss last night and gapped down this morning to 76.28 and just continued to fall to $71.27 before closing $71.81 -10.22 (12.46%). On the upside we had HOG with a “not as bad as expected +2.88 (15.21%), ADS $47.60 +6.21 (15%), and ALK $31.58 +3.73 (13.39%).
After the close we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and after trading $1206.97, turned back higher and after hitting $1290 is currently $1267 +35. SBUX was a slight miss and after closing 78.69 is now 77.60 -1.10. AMD missed on expected revenue growth and after its recent move back from a recent low of $36.75 to over $58, fell to $52.40 and is $53.21 -2.29 (4.13%).
And, the HOMERUN OF THE DAY is clearly Creative Realities (CREX), a small firm with a stock that closed $1.00 yesterday +22%, came out of the gate this morning unchanged and rallied on the news that it has a “non-contact temperature system” that along with its AI enabled software “addresses the urgent need for businesses and employers to build consumer confidence as the world goes back to work as stay at home orders are reduced throughout the U.S.” The stock traded as high as $5.15 and is currently 4.85 +3.85 or 385%...Clearly a home run.
FOOD SUPPLY: was HIGHER with TSN +2.51, BGS +1.50, FLO +.06, CAG +.05, MDLZ -.73, KHC +.25, CALM +.21, JJSF +1.92, SAFM +.35 and LANC +1.52.
BIOPHARMA: was LOWER with BIIB +1.98, ABBV -1.64, REGN -18.91, ISRG -13.65, GILD -1.51, MYL +.30, TEVA +.17, VRTX -11.55 (4.3%), BHC -.41, INCY -5.31 (5.16%), ICPT -4.10, LABU -2.89 and IBB $124.86 -2.67 (2.09%).
CANNABIS: This group was LOWER with TLRY -.30, CGC -.53, CRON -.18, GWPH -1.67, ACB -.016, PYX -.14, NBEV -.04, CURLF -.28, KERN +.05 and MJ $12.40 +.02 (.16%).
DEFENSE: was HIGHER with LMT +8.23, RTX +.71, GD +2.74, TXT +.86, NOC +2.19, BWXT +.33, TDY +5.96 and ITA N$163.94 +2.88 (1.91%).
RETAIL: was HIGHER with M +.51, JWN +.21, KSS +1.26, DDS +3.21 (11.35%), JCP +.026, WMT -.28, TGT +2.23, TJX +1.86, RL +3.61, UAA +.36, LULU -1.82, TPR +1.06, CPRI +1.18 and XRT $36.97 +.61 (1.68%).
FAANG and Big Cap: were LOWER with GOOGL the big exception on earning +74.34 (5.85%), AMZN -21.00, AAPL -2.48, FB +2.71, NFLX -15.68, NVDA -1.34, TSLA -22.25, BABA -1.69, BIDU -2.56, CMG -13.07, BA +2.22, CAT +.31, DIS +.60, and XLK $88.85 -.54 (.60%).
FINANCIALS were HIGHER with GS +3.57, JPM +1.03, BAC +.53, MS +.95, C +.89, PNC +.50, AIG +1.38, TRV +1.40, AXP +3.15, V +.74 and XLF $22.75 +.27 (1.2%).
OIL, $112.34 -.44. Oil was a BIG STORY another day of liquidation that took June all the way down to trade $10.07 before turning back higher to 13.69 before closing -.44. Tonight, it is higher again trading 13.05 +.71. The stocks were also higher with gains of about 2% and XLE closed $36.22 +.85 (2.4%).
METALS, GOLD: $1,724.40 + .60. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 today, I was a buyer. We are also long NEM.
BITCOIN: closed $7,780 unchanged. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $8.40 -.39 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For Trading April 22nd

For Trading April 22nd
OIL GOES LOWER, AGAIN!
Stock Pullback Continues
Several Solid Earnings Surprises
It’s impossible to start this with anything other than the fact that Oil futures for May, expired today @ 2:30, and the new month, June continued to fall anyway. This put the current delivery as low as $6.50 then doubling to move back and closing $11.57 -8.86. The oil market seems to be the “tail wagging the dog” these days putting the financials back on their heels. DJIA -631.56 (2.67%), NASDAQ -297.50 (3.48%), S&P 500 -86.60 (3.07%), the Russell -28.26 (2.33%) and the DJ Transports -125 36 (1.57%). Market internals were weak with NYSE A/D 4:1 and NASDAQ 3:1 lower and the volume was a bit light. DJIA was 29 down and TRV unchanged after being lower last night on earnings. Strength was only relative with energy, utilities, and real estate down the least and information technology the weakest. The weakest stocks were AAPL -58 DPs, UNH -54, MSFT -49, GS -45, HD -37, CAT -31 and MRK -30 DPs. All 11 S&P sectors were lower.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/a66NiMbuZkw
SECTORS: Earnings hit the tape after the close with NFLX the first, showing a jump in new subscribers up almost double the expectation. The stock rallied up to $485 but fell back and is currently about unchanged @ $433. Next was TXN with beats both top and bottom lines and after closing 106.84 -4.69 (4.2%) it rallied to $112.23 and is $109 now. SNAP was a surprise with a slight beat on revenues and a small miss (.08) vs (.07) expected, but the average daily users beat by 5 million and the stock jumped from a $12.44 close to trade $15.12 and is $14.86 +2.42 (20%). Chipotle: CMG reported a beat @$3.08 vs. 2.90 expected with a minor revenue miss, but strong growth in digital business. As anecdotal evidence, we are eating it more often, ordering it online and using “contactless delivery. It closed $786.69 -22.04 (2.73%) and after trading $843.37 it is currently $834 + 47.32 (6%).
BIOPHARMA: was LOWER with BIIB – 8.41, ABBV -3.15, REGN -23.53, ISRG -21.70, GILD -2.61, MYL -.73, TEVA -.49, VRTX -10.46, BHC -.99, INCY -2.05, ICPT -1.80, LABU -3.14 and IBB $122.39 -3.86 (3.06%).
CANNABIS: This group was MIXED with TLRY +.06, CGC -.11, CRON -.15, GWPH -32, ACB +.001, PYX -.10, NBEV -.06, CURLF +.05, KERN +.44 and MJ $11.51 -.04 (.35%).
DEFENSE: was LOWER with LMT -6.21, RTX -2.08, GD -2.28, TXT +1.22, NOC -4.68, BWXT -1.42, TDY -11.69, and ITA $148.00 -4.68 (3.07%).
RETAIL: was LOWER with the exception of DDS +1.33 (5.43%). M -.11, JWN -.38, KSS -.53, JCP +.01, WMT -.15, TGT -1.73, TJX -1.69, RL -.58, UAA -.10, LULU -11.86 (5.43%), TPR -.46, CPRI -.70 and XRT $33.08 -.90 (2.65%).
FAANG and Big Cap: were LOWER with GOOGL -25.36, AMZN -46.61, AAPL -7.22, FB -3.04, NFLX -3.28, NVDA -17 (5.92%), TSLA -47.88 (6.41%), BABA -4.43, BIDU -2.98, BA -6.21, CAT -4.11, DIS -1.10 and XLK $84.80 -3.03 (3.45%).
FINANCIALS were LOWER with GS -5.65, JPM -2.15, BAC -.75, MS -1.16, C -2.19, AIG -1.40, TRV -.78, AXP -1.77, V -2.72 and XLF $21.40 -.60 (2.73%).
OIL, $11.57 -8.86. Oil was the BIGGEST STORY of the day again with the May expiring this afternoon, almost $50 over yesterday’s low. June is the new forward month and it followed the May contract down, trading as low as $6.50 but bouncing back and it is trading about $13.50 in tonight’s session. Oil stocks were mostly lower but not even close to the oils fall. XLE was $32.31 -.58 (1.76%).
METALS, GOLD: $1,687.80 -23.40. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. Last night it fell and today it hit $1,666 before coming back up $20. Tonight, it has traded back up to $1,705 and is up $17.00.
BITCOIN: closed $6890 +95. After we traded in the uptrend, I mentioned this weekend that I felt we’d have to test 6750 and today we hit 6465 before turning back up. Today was a very short range and quiet day. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.44 + .14 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

Doing the Math on the S4E10 eCoin Transaction...

In this week's Mr Robot episode, Darlene sits on a park bench with Dom, and distributes the money she stole from the Deus Group to everybody, evenly. I timed the transaction as it happened in the show. It was 24 seconds, between her hitting return and seeing the following message on her screen: "*Transfers Complete. All Wallets Updated*" This processing time includes a message that says, "cleaning coins through crypto tumbler". It took 1 minute and 16 seconds for the transaction to tumble, process, and for the recipients to begin to get notices that they received money in their accounts.
If you have worked with bitcoin, you know that cryptocurrency does not work like this. Transferring money is a slow and sometimes expensive process, as transaction fees eat into every transaction. I know that eCoin isn't necissarily bitcoin, because it's controlled by eCorp, but it's fun to think about what happens if eCoin works like bitcoin does today...
How much money was transferred?
According to Forbes, the most wealthy people in the world are worth a combined $8.7 trillion, or $2.7 trillion. It depends on which Forbes list you are looking at. On the actual Forbes web site, they say the richest people in the world are worth $8.7 trillion, but they do not state how many of the richest people in the world are worth that much. If you look at sites like Victor Media, they publish a table of the 100 most wealthy people, and say they got the list from Forbes. They probably did purchase the list from Forbes. If I put the Victor Media list into excel, and add all the values in the net worth column, that number comes out to $2.7 trillion. So Forbes might be talking about a list that is more than the top 100 people, and sell the top 100 people list to sites like Victor Media? I don't know.
Either way, we are talking about somewhere between $2.7 and $8.7 trillion.
How many people did the money go to?
That's complicated. There was no global montage showing people celebrating all over the world (which I found a little surprising, even though I still love how this episode was shot). The only indication of a truly global transfer, to every individual in the world, is a TV screen in the airport saying that, "Global eCoin Payout... Deus group collapses as wealth spreads around the world." So Darlene could have sent the money to every individual with an eCoin wallet in the world, or she could be sending them to every American, or to everybody in the developed world. I doubt the average rice farmer in Indonesia is really using eCoin, but it's possible. If she only sent it to every American, our wealth tends to spread around the globe pretty fast, so that's possible, too.
Lets work with World Bank population numbers for all three of these possibilities...
World Population: 7.6 billion people
Global North (AKA the developed world): 1.24 billion people
United States: 327 million people
So we have 6 possibilities for how much money was sent to each person...
People Total Money Money Per Capita Satoshis
7.6 billion $2.7 trillion $355.53 4,739,471
1.21 billion $2.7 trillion $2230.82 29,741,808
327 million $2.7 trillion $8252.65 110,079,512
7.6 billion $8.7 trillion $1145.60 15,279,332
1.21 billion $8.7 trillion $7188.22 95,883,716
327 million $8.7 trillion $26591.89 355,275,242
How much would this transaction cost with bitcoin?
Aside from the fact that eCoin probably functions differently than bitcoin, this is a very complex question. I'm definitely not as sure about these numbers as the other numbers I have, but I'll do my best to come up with useful, realistic numbers. If you are more familiar with the block chain than me, please correct me.
The coins were taken from 100 different Deus Group accounts. Lets say each transaction launders through a bitcoin tumbler 1,000 times. I'm going to ignore transaction fees for the tumbling process, because I don't fully understand the details of tumbling, but 1,000 times seems reasonable to me.
That means that there are 100 x 1,000 = 10,000 inputs in any transaction that spends all the money from the Deus group.
For outputs... for simplicity's sake, I will make the conservative assumption that everybody has one eCoin wallet. That means somewhere between 327 million and 7.6 billion outputs. Accounting for everybody having multiple wallets would make the transaction even bigger, but this is a good starting point to get a feel for what this transaction would look like, in the real world.
How long will this transaction take to process?
There is a bidding process and a bit of politics involved in processing a cryptocurrency transaction. For simplicity, I'll assume we bid enough that this transaction gets priority treatment from the bitcoin miners.
According to blockchain.com, transactions happen on the block chain at a rate of roughly 3.5 transactions per second. At that rate, the tumbling would take roughly 48 minutes, rather than the few seconds it took for Darlene to tumble this money.
According to buybitcoinworldwide.com's fee calculator, here are the transaction sizes, the transaction fees involved (in US Dollars), and the time it would take at 3.5 transactions per second...
Inputs Outputs Size Cost Time
10,000 7.6 billion 240.4737 Gb $38,884,280.55 68.85 years
10,000 1.21 billion 38.32587 Gb $6,192,571.09 10.96 years
10,000 327 million 10.35582 Gb $1,673,260.46 2.96 years
So this transaction would take years to go through, and it pays Evil Corp somewhere between $1.6 and $38 million. In the real world, most of that money would go to Chinese bitcoin miners.
What would the impact be?
A one time windfall of $327 per capita would probably not trigger hyperinflation in America. The largest payout we calculated was $26.5k, and I doubt that would cause hyperinflation, either. Regular inflation? Yes. Hyperinflation? Probably not.
It might lead to hyperinflation in other countries, though, because of differences in purchasing power.
Purchasing power parity is a number that describes the differences in the cost of goods and services around the world. $5 in America will buy you a big mac, but if you go to, say, Indonesia, you can buy a lot more with that $5, because Indonesia is full of people who make something like 25 cents a week.
OECD.org publishes PPP (purchasing power parity) numbers for countries all around the world. If you want to know how far your dollar will stretch, on average, in a foreign country, consult this list. If you have $100 in America, you can expect it to be worth $100 worth of American goods and services, so on the OECD table, it has a PPP of 1.0. If you take that $100 to, say, the UK, where the PPP is 0.7, you can expect that $100 to be worth $70 worth of goods and services. If you take that $100 to Australia, where the PPP is 1.48, you can expect that $100 to buy roughly $148 worth of goods and services.
If Elliot and Darlene were genius economists, I might expect them to account for PPP in their payout. They would have to be geniuses, to predict what PPP is doing after events like the 5/9 hack, because their best data would be out of date, so they would have to use all kinds of fancy regressions and tricks to figure out how that would work in such a volatile world economy. They definitely aren't economists, though, so I'll assume they sent the same nominal amount to everybody.
So what's the range on how much purchasing power this transaction gives people around the world? In 2018, the highest PPP number on the OECD list is Indonesia, with a PPP of 4,245.613140. The lowest PPP on the list is Lithuania, with a PPP of 0.457582. Lets see how this shakes out in each of these countries...
$ Per Capita Lithuania (0.46) Indonesia (4,245.61)
$355.53 $162.68 $1,509,442.84
$2,230.82 $1,020.78 $9,471,198.70
$8,252.65 $3,776.26 $35,037,559.28
$1,145.60 $524.20 $4,863,774.41
$7,188.22 $3,289.20 $30,518,401.29
$26,591.89 $12,167.97 $112,898,877.60
What would this cause? People might predict a lot of different things. The Yang gang people probably strong opinions on this. I have a bachelor's degree in economics, so I believe I can predict that most mainstream economists would predict the following...
In Lithuania, when they get a few hundred to a few thousand dollars, they probably raise a pint to F Society, then put the rest towards a house or car payment, or buy themselves something nice. Minor inflation would happen, probably starting at the pubs, and that would worry financial types, but it would not cause any kind of major economic catastrophe.
In Indonesia, where everybody becomes an asset millionaire overnight, they will probably have hyperinflation, mass social upheaval, and violence.
In conclusion...
TL;DR: What Darlene did last night with eCoin isn't actually possible with bitcoin, and the impact in America might not be as great as you think, but the impact would be much bigger in poorer parts of the world.
submitted by bubblesort to MrRobot [link] [comments]

For Trading April 9th

For Trading April 9th
Stocks Rally Again Oil Rebounds OPEC MEETING TOMORROW
Today was not as exhausting as the last several triple-digit days. We started slowly +250 on overnight futures rally on some hopeful Covid-19 numbers and after trying the downside to +40, we started the grind higher with lots of little false breaks and a running consolidation from 12:00 to about 2:15 when Bernie said he was “suspending” his campaign. We rallied to the highs and although the DKIA didn’t quite reach yesterday’s high it did close +779.71 (3.44%) with NASDAQ FOLLOWING A SIMILAR PATTERN AND +2.03.64 (2.58%), S&P 500 +90.57 (3.41%) and the big gainer for the day the Russell +52.49 (4.61%), while DJ Transports managing +286.90 (3.65%). Market internals were stronger than yesterday with NYSE 8:1 and NASDAQ 5:1, but volume fell on the rally again. The DJIA was better at 27:3 with one triple-digit gainer in UNH +135 DPs and all the losers just single-digits. The lack of volume is concerning, but the market keeps marching higher. The flood of money from the Fed has to go somewhere, and it seems to be finding a home at some of the perceived bargains. This is the link for tonight’s closing commentary: https://youtu.be/M3Te_GmNWZk All 11 Sectors of S&P were higher on optimistic expectations about reopening of the economy while World Trade Organization said expectations for global GDP dropping 2.5%-8.8%. Energy was strong again as were technology real estate and consumer discretionary while healthcare and consumer staples were weak.
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1400 members.
SECTORS: There was plenty of action early with a Muddy Waters (shorts) did a writeup on EHealth (EHTH) talking about revenue recognition and their “churn” of accounts. The story is available at https://www.cnbc.com/2020/04/08/carson-blocks-muddy-waters-takes-short-position-in-ehealth.html and the stock reacted immediately trading down to $93.06 – 23.84 before recovering to close $103.20 -13.70 (11.72%). In fact, the stock was already feeling the negative effect yesterday when it closed 11.90 -13.67. Also on the downside was TAL Education (TAL) which announced some “employee wrongdoing” last night and is being investigated by several law firms, and fell to $50.20 before closing $52.06 -3.76 (6.74%). On the upside we had OSTK closed $6.82 +1.49 (27.95%) on the news that the SEC is issuing an Ex-div. date for it’s “innovative, digital dividend.” I haven’t quite figured out how this works, but it looks like a 1:10 ratio, meaning 1 new share for every 10 owned, and the Pfd. Share are selling for $10.00 currently. To me that seems like a $1.00 dividend on what was a 5.33 stock at yesterday’s close. This stock has had a seriously checkered past and a “crazy CEO and founder.” The shares rose from $14 to $30 last fall and then collapsed to trade $2.57 last month.
And, the HOMERUN OF THE DAY was an easy call, Moleculin Biotech (MBRX) reported that their WP1 122 compound, in a study at the University of Frankfort, reported that “it inhibits glycolysis with non-toxic concentrations of 2-DG completely prevented the SARS-CoV-2 cells.” The stock, down from an all-time high of $8.99 (but no reverse splits) and traded as low as $ .32 last month traded as high as $1.97 before closing $1.27 +.71 (126.79%).
BIOPHARMA: was HIGHER with BIIB +15.74 (5.23%), ABBV +3.45, REGN +10.82, ISRG +20.51 (4.19%), MYL +.93 (6.47%), TEVA +.39, VRTX +1.99. BHC +.95(6.4%), INCY +4.14(6.58%), LABU +2.71 (11.76%) and IBB $112.50 +2.96 (2.7%).
CANNABIS: This group was HIGHER with TLRY +.83, CGC +.44, CRON +.47, GWPH +5.98, ACB +.08, PYX +.14, NBEV +.09, CURLF +.06, KERN +.74 and MJ $11.31 +.31 (2.82%).
DEFENSE: was HIGHER with LMT +9.42, RTX +5.73 (9.92%), GD N+3.95, TXT +1.27, NOC +4.15, BWXT +.25, TDY +14.69 (4.66%), and ITA $151.77 +6.85 (4.73%).
RETAIL: was HIGHER with M +.33, JWN +1.35 (7.48%), KSS +.70, DDS -1.66, JCP +.02, WMT -.39, TGT +6.24 (6.35%), TJX +2.43, RL +2.37, UAA +.39, LULU +1.78, TPR +.50, CPRI +1.41 (11.02%) and XRT $32.38 +1.38 (4.45%).
FAANG and Big Cap: were MIXED with GOOGL +26.44, AMZN +36.63, AAPL +7.93, FB +6.05, NFLX -.48, NVDA +8.78, TSLA +5.49, BABA -1.49, BIDU -4.49, BA +7.62, CAT +5.48, DIS +6.76 on much better than expectations on DIS Plus, and XLK $85.18+2.23 (2.69%).
FINANCIALS were HIGHER with GS the leader +12.21 (7.35%), JPM +4.15, BAC +1.51, MS +2.62, C +3.55, PNC +5.20, AIG +1.09, TRV +4.16, AXP +4.92 and XLF $22.19 +.93 (4.27%).
OIL, $25.09 +1.46. The explosive moves in Oil recently has seemed to run its course and yesterday’s drop cut the gains by a touch more than half. Today, however, after bouncing from -$2.00 overnight it rallied to close near the highs on expectations of a deal between Russia and the Saudi’s. There is also a virtual meeting of OPEC tomorrow. The stocks were all higher with XLE $34.95 +2.87 (8.95%).
METALS, GOLD: $1,684.30 +.60. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1742 before falling back to close $60 off the highs and below $1700. Today was a short-range “inside” day I would be a buyer a bit lower than today’s close.
BITCOIN: closed $7,335 + 5. After we traded in a short-range day followed by a $1,000 range on Friday BTC closed above $7,000 for the first time since it broke to the downside early last month. While I want to add the 350 sold just over a week ago, I want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $7.86 +.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to OptionsOnly [link] [comments]

For April 30th Market Mover’s

OIL Moves Higher
GOOGL, TSLA, & MSFT Blow Away Numbers
Russell the Big Winner
Today’s market got off to a dramatic start when already +200 in the futures, GILD came out with positive news on the NIAID trial for Remdesivir and we added an additional 250 to the open. The Fed FOMC was a nonevent, but after the Q&A, it became obvious that the money train would keep rolling, the Gold moved higher. The final numbers were impressive with DJIA +532.31 (2.21%), NASDAQ +306.98 (3.57%), S&P 500 +76.12 (2.66%), the Russell, the big winner +62.68 (4.83%) and the DJ Transports +221.30 (2.63%). Market internals were strong with NYSE 7:1 and NASDAQ 4:1 and for the first time in recent memory, volume was higher. The DJIA was 24:6 with WMT the only double-digit loser -30 DPs while on the upside we had V +72, AAPL +62, AXP & BA +53, and MSFT +52 (and more coming in the morning).
Our “open forum” on Discord, which allows me to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 1900 members. I also did this video titled “How to survive being an options trader and not blow up your account,” over the long weekend. I think it’s very informative as a guide to stock selection and option choices. The link is https://youtu.be/Y7H9RpWfLlo Enjoy!!
Tonight’s closing comment video https://youtu.be/el59hhpILHY
SECTORS: Earnings played a big part in today’s market. After the close last night, we heard from Google and it was a beat on revenues and after closing $1232.59 -38.27 and finished the evening $1267 +35. It continued higher today and finished $1345.02 +112.43 (9.12%). After today’s close we heard from a few of the other FAANG names. FaceBook was a miss both top and bottom but the guidance they gave on ad spending was upbeat. After closing 194.19 +11.28 it to 214.57 + another $20. MSFT beat on both numbers and after closing $177.43 +7.62 it shot higher to 186.52 before closing $181.25 + 3.82. TSLA was the last one to report and the stock has been on a tear from a low of $350 in mid-March to close today $800.51 +31.39 and put out a profitable quarter and talked about it big truck. The stock moved to $886.89 and closed $870.30 for a total gain of $101.88 (13.25%).
And, the HOMERUN OF THE DAY is clearly Capricor Therapeutics (CAPR) reported that it had a 100% survival of its patients treated with CAP-1002. All were in deep respiratory distress and 5 of the 6 were on ventilators. Four of the six have already been discharged. The stock, which has been reversed twice, most recently 1:10, and the last time 1:50 finished the day $8.50 +6.09 (252.7%) Clearly a home run. But with a side note since the adjusted high after both reverses is $2,720. Quite a destroyer of equity.
FOOD SUPPLY: was LOWER with TSN +.74, BGS -.75, FLO -.47, CAG -.19, MDLZ -.55, KHC +.81, CALM -.79, JJSF +10.71 (8.48%), SAFM -3.43, and LANC +3.09.
BIOPHARMA: was HIGHER with BIIB -.46, ABBV +1.20, REGN -17.26 (3.27%), ISRG +16.27 (3.23%), GILD +6.37, MYL +1.06, TEVA +.36, VRTX +1.54, BHC +.95, INCY -1.71, ICPT +1.07, LABU +1.36, and IBB $126.55 +1.74 (1.39%).
CANNABIS: This group was HIGHER with TLRY +.18, CGC +.46, CRON +.06, GWPH -.18, ACB +.01, PYX +.03, NBEV +.03, CURLF +.30 (6.67%), KERN -.21 and MJ $12.44 +.18 (1.47%).
DEFENSE: was HIGHER with LMT +8.17, RTX +3.39, GD +.71, TXT +1.48, NOC -12.70, BWXT -.07, TDY +12.71 and ITA $161.85 +7.91 (5.14%).
RETAIL was HIGHER with WMT the big loser again -3.89 (3.04%), M +.26, JWN -.02, KSS +.66, DDS -.45, JCP -.017, TGT +.85, TJX +4.90 (9.98%), RL +2.53, UAA +.19, LULU +7.96, TPPR +1.24 (7.7%), CPRI +1.68 (11.17%), and XRT $37.92 +1.10 (2.99%).
FAANG and Big Cap: were HIGHER with GOOGL +112.43 (9.12%), AMZN +104.12 (4.5%), AAPL +13.72 (4.92%), FB +31.66 (17.31%), NFLX +8.68, NVDA +9.44, TSLA +101.80 (13.25%), BABA +7.15, BIDU +3.12, CMG +26.64, BA +9.65, CAT +5.28, DIS +6.51 (6.13%) and XLK $93.45 +5.25 (5.95%).
FINANCIALS were HIGHER with GS 5.49, JPM +3.71, BAC +1.31, MS +1.43, C +4.04 (8.56%), PNC +5.00, AIG +2.52 (9.97%), TRV +1.72, AXP +9.16 (10.39%), V +13.74 (8.02%) and XLF $23.38 +.66 (2.9%).
OIL, $15.06 +2.72. Oil was higher again today and seems to be making a decent show of making an important bottom. Tonight, it is higher again trading 15.95 +.89. The stocks were also much higher with gains of between 6% on the big names and as much as 30% on some of the small ones. XLE closed $39.95 +3.77 (5.63%).
METALS, GOLD: $1,713.40 -8.80. After the recent gains, Gold broke solidly above $1,700 and traded as high as $1788 last Wednesday. We have spent the last 3 days consolidating the gains and hit $1,720 today. I said I wanted to get long the GLD if we can probe the $1710 range, and when it traded $17.04 yesterday I was a buyer. We took the downside move this morning and averaged down @ $1.06, and they closed $1.61. We are also long NEM.
BITCOIN: closed $8825 +1045. After we traded in the uptrend, I mentioned this weekend that I felt we would have to test 6750 and yesterday we hit 6465 before turning back up. Today’s action was a continuing move higher. While I want to add the 350, I still want to wait and see some stabilization. We still own 400 GBTC with an average of $8.06. GBTC closed $9.60 +1.20 today.
Tomorrow is another day.
CAM
submitted by Dashover to wallstreet [link] [comments]

Monthly Nano News: December 2019 + Year Recap Special

This is what NANO has been up to lately. I don't think I lie if I say it has been quite an amazing year!
See you soon and happy new year! Something nice is coming soon that I have been working on for a while, stay tuned..

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

Apr 2019

Mar 2019

Feb 2019

Jan 2019


More news here: https://nanolinks.info/news

https://preview.redd.it/9sw5nkoxlt741.png?width=749&format=png&auto=webp&s=3426d4eafb9430c0304a6d161596102536df4318
submitted by Joohansson to nanocurrency [link] [comments]

THIS BITCOIN CHART SAYS A -19% DUMP IS COMING!!!!??  JIM ROGERS SAYS BTC WILL BE ELIMINATED?!! Bitcoin USD Price and Chart for Today 12-06-2020 Bitcoin Chart Technical Analysis for 07-15-2020 Bitcoin Chart Technical Analysis for 07-17-2020 WARNING TO ALL BITCOIN BEARS!!!!!!! THIS CHART WILL BLOW YOUR MIND!!!!

Hello, traders. After a strong bullish movement, the correction came in the same proportion, since then we are within a bearish channel for this asset I would wait for this asset to start forming a bullish structure, with higher highs and higher lows, otherwise, I think the downtrend movement will continue. Barchart.com Inc. is the leading provider of real-time or delayed intraday stock and commodities charts and quotes. Keep tabs on your portfolio, search for stocks, commodities, or mutual funds with screeners, customizable chart indicators and technical analysis. Bitcoin is a purely decentralized digital currency, which makes it unlike any other asset that came before it. Before the digital age, everyone transacted in physical forms of currencies, from livestock and salt, to silver and gold, and finally to banknotes. Only in recent times was money “digitized” — allowing bank accounts to exist 0.112 BTC to USD conversion. Live realtime updated bitcoin prices here, charts long and short terms, 0.112 BTC Calculator in Dollar at livebtcprice.com BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but is NOT financial advice. On this channel, The Moon, I make 1 video every single day about crypto news & Bitcoin.

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THIS BITCOIN CHART SAYS A -19% DUMP IS COMING!!!!?? JIM ROGERS SAYS BTC WILL BE ELIMINATED?!!

BITCOIN TODAY: In this video, I'll go through the Bitcoin news today & I'll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but ... BITCOIN TODAY: In this video, I'll go through the Bitcoin news today & I'll make a Bitcoin price analysis. The BTC news & analysis can be inspiration for your own Bitcoin trading or investing, but ... Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). Watch more Bitcoin Technical Analysis Videos: https://claytrader ... Bitcoin USD Price and Chart for Today 12-06-2020 The Trades Experts ... #bitcoins #bitcoin #bitcoinmining #cryptocurrency #blockchain #bitcoinnews #crypto #ethereum #btc #money #bitcoinprice # ... Learn how to read stock charts and identify technical patterns as ClayTrader does a quick stock chart review on Bitcoin (Bitcoin). Watch more Bitcoin Technical Analysis Videos: https://claytrader ...

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