Corporate Earnings Growth is Falling and Turning Negative. This Stock Market Rally is Crazy, It Can’t Keep Going On! Stocks Going Sideways, Flat Correction or Some Topping Pattern? 200-day moving averages and the number of stocks setting 52-week highs is on the rise, among other indicators favored by portfolio managers and investment gurus trying to divine the market’s next move. The rally is widely seen as resulting from a more cautious rate-increase outlook from the Federal Reserve and continuing faith in the U. The SPX after breaking down into the end of 2018 has now regained poise. The rally of the lows has been broad based as shown below.
There are times when keeping an eye on the markets is as exciting as watching paint dry. Then, there are times when great leaps literally happen faster than you can blink. You be the judge as to whether the former or the latter better applies to the euro and Australian dollar right now. Book – The Alternative Solution to Bitcoin!
Oh dear, it’s not looking good for the Bitcoin crowd. 6,651, they were hoping the damage was done. They’d expected the buyers to rush in and hoover up Bitcoins and any other cryptos at knockdown prices and send the price screaming higher. Recent concerns about peso’s depreciation have been exaggerated. In the most dangerous international environment since the postwar era, there is no room for complacency, however. Asia’s ugly duckling of 2017 is the peso, thanks to Duterte.
College football teams are broadly ranked by their strength so that a contest between teams may be both interesting to watch and be seen as fair. Accordingly, teams ranked being in Division One, only play other teams in the same division. In the Olympics, where fairness and sportsmanship are elevated, boxers, wrestlers, and weightlifters compete in their own specific weight class. Currency wars usually are clandestine, and information regarding their operations are usually difficult or impossible to confirm. As a result, anyone trying analyze or get information on such activities will quickly be stymied. However, one can infer from important market price information evidence related to currency wars. Bitcoin and the technology boom of 1990’s have so much in common, you would think they are twins!
The chart below shows how similar each story is. Mr Market knows this, therefore the desire to enter this market is low, and lower prices will plaque Bitcoin for the next 18 months at least. If Bitcoin bulls got excited about the recent move up, Thursday’s action extinguished some of this excitement. But it doesn’t come as a surprise to our readers. This one day of strong depreciation can be seen as an indication of things to come.