Cryptocurrency Sector Ready to Rally Despite Reports of FAKE Bitcoin Volume The Cryptocurrency Sector is on the verge of starting a long awaited rally. The resistance line is at $145 Billion, exactly the level as of early Sunday evening. (https://coinmarketcap.com/). The Sector continues to be plagued by shady practices. Bitwise Asset Management performed an analysis […]
LYFT’s IPO Raises Questions LYFT’s IPO priced at $72 on Thursday night implying a pre-trading valuation of $22 Billion Dollars. Only weeks earlier the value range was thought to be between $10-$15 Billion. LYFT’s first trade was $87.24, just shy of a $27 Billion value. Trading went straight downhill from there, with the stock […]
BofA says BUY Bank of America Analysts have put a BUY rating on Pioneer Natural Resources Co (NYSE: PXD) with a share price target of $215. I wholeheartedly agree with them. Pioneer Natural Resources Co is an oil and gas producer that primarily operates in the Permian Basin and Eagle Ford Shale. Their exposure to […]
The Importance of Setting Trading Limits On Social Media, many of our recent posts and predictions have been questioned. There is doubt that an asset bubble, or series of them, is forming. Most analysts still believe that interest rates will be unchanged. In contrast, we recently made a case for the potential of an immediate […]
Investors in Tyme Technologies(Nasdaq: TYME), a clinical-stage biotech company focused on cancer, should be excited for the near-term future in my humble estimation as I believe shares of this $2 stock could spike it to $8 in the coming weeks/months. SM-88: A Nightmare For Pancreatic Cancer Cells The company’s big headline has been on one […]
Golden Opportunities Gold enthusiasts have waited YEARS for their day to come. But it never does. For the last 5 years, Gold has traded in a fairly narrow range with the high being about $1370 and a low of, a bit above $1000. Will this run up be different? We have been prematurely BULLISH on […]
Beware the Ides of March Rio Tinto CEO Jean-Sebastien Jacques sat down with a Bloomberg reporter today and posited: “Is China slowing down today?…The answer is yes. But it’s changing as expected. We have no surprises whatsoever.” My first boss when I got out of school was a finance guy, all about the data and […]
Trades for The Next Leg Up in the Bull Market After the frightening plunge in Stocks on Friday, the action today could NOT have been better. Major equity indexes, which spent most of the day lower, closing in positive territory. Even more encouraging was the Russell 2000 Small Cap Index (RUT) which was the […]
I believe that overall casino industry stocks will continue to weaken in the coming months. Monarch Casino (MCRI) Monarch Casino (MCRI) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.31 per share a year ago. Their most recent quarterly report […]
Bloated Government And Exploding Deficits The Federal Government operates in a way that not one Congressperson operates. For the last 50 years, Congressionally approved Budgets have had larger and generally growing deficits. No responsible American, including those same Congresspeople, would spend 5% MORE than they earned every year. Congressmen and women, on the other hand […]
