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Qualitative

#TalbroautoCompany has delivered good profit growth of 21.8% CAGR over last 5 years Received new multi year orders worth ~Rs 400 crores from Domestic and Overseas Customers across its business divisions, product segments and JVs. These orders are to be executed over a period of next 5- 7 years. These orders will help the Company increase its share with existing customers and new customers across geographies benefitting the Company grow and gain market share in the coming years. Received new multi years orders worth ~Rs. 580 crores from both, domestic and overseas customers across its business divisions, product segments and JVs. T hese rders are to be executed over a period of next 5 years commencing from FY25 onwards covering the company's product lines gaskets, heat- shields, forgings, chassis and rubber hoses
NSE:TALBROAUTOLong
by iism-ExpertTrading
Worrisome ? Saudi Arabia is appearing in the global marketThe development and use of artificial intelligence has been a source of much discussion and concern around the world. In this scenario, a country that has long been overlooked in the technological area begins to emerge; Saudi Arabia. It is a controversial country, which participates in several conflicts in the region, directly or indirectly, and which has a bad record of human rights. However, it seeks to modernize and become a technological hub in the region. To do this, it adopts a curious strategy: investing in soccer. The Saudi national championship features names like Cristiano Ronaldo and Neymar Junior, as well as some European coaches, who were hired for astronomical values. But what is the purpose of this? It is not just a passion for the sport, but rather a way of diversifying its image and attracting investments. Macroeconomics As the largest Arab economy and one of the largest in the world, Saudi Arabia expects to reach a GDP of over 1 trillion dollars in 2023. However, its economic performance still faces many challenges, such as inflation, unemployment, public debt and current account deficit. In addition, the kingdom seeks to reduce its dependence on oil, whose prices are unstable and subject to external shocks. An example of this was the Covid-19 pandemic, which caused a 4.1% drop in GDP in 2020. Faced with this scenario, the Saudi government implemented measures of fiscal stimulus, public accounts adjustment and economic and social diversification, within the framework of the Vision 2030 plan. These measures favored the recovery of the economy in 2021, with an estimated growth of 8%. For the next few years, the prospects are positive, but moderate: a growth of 3.1% is expected in 2023 and 3.5% in 2024. Table of data for 2020 and current 2023: Source: Nasdaq.com; Al-Monitor The Saudi oil sector It is controlled by the state-owned Saudi Aramco, the largest company in the world in market value and oil extraction. It produces 9.2 million bpd (barrels of oil per day), 9% of world production and half of the bloc’s capacity. The company also influences the global fossil fuel market by its extraction policy and its agreements with OPEC+. In 2020, it led an agreement of the organization to reduce extraction by 9.7 million bpd, 10% of global supply, until April 2021. In 2023, it also announced voluntary cuts in its extraction, with Riyadh saying it would reduce oil by 400 thousand bpd from May until the end of 2023. In addition, it extended the voluntary cut of one million bpd for another month, until July 2023. These measures aim to balance the fossil fuel market and avoid an oversupply. In August 2021, the price of Brent (international reference) was around US$ 72 per barrel, an increase of about 40% compared to the beginning of the year. And a recovery of about 80% compared to the lowest level recorded in April 2020 (US$ 40 per barrel). This high was sustained by the reduction of OPEC+ supply, by the improvement of demand with vaccination and by the expectation of a global economic recovery. The oil sector faces uncertainties and risks, such as the Delta variant of Covid-19, which can reduce the demand for oil, geopolitical tensions and the energy transition to renewable sources. Remember that the war between Russia and Ukraine has a direct impact on this sector, as oil is a strategic and essential resource for the development of many countries. Factors such as supply shortage, energy insecurity, geopolitical tension and emergency stock release affect fossil fuel prices, generating impacts on inflation, transportation, production, and consumption. How to solve this problem? It is important to seek peaceful and diplomatic solutions for the conflict in Ukraine, as well as sustainable and renewable alternatives for the global energy matrix. Oil consumption depends mainly on the level of economic activity of consumer and importer countries, which can increase or decrease their demand. WTI and Brent Oil Technical Analysis WTI Futures To be more precise, WTI suffered a slight drop from 127 to 66.87, resulting in a range between 69.84. In the chart below, we can observe that this corresponds to an accumulation pattern, based on Wyckoff’s structure. Stock data of this fossil fuel still indicate scarcity, as extraction was reduced since the beginning of the pandemic. There was a significant decrease in extraction between 2021 and 2022, compared to the period from 2017 to 2019, when it was much higher. In addition, the ESG sustainable movement agendas have long sought to reduce oil extraction, aiming to raise awareness about the use of fossil fuels worldwide. A more detailed analysis of the daily oil chart reveals an accumulation range. In the month of June, there was a significant increase in buying volume, indicating investor interest in buying. I believe this accumulation range will last for some time. After that, investors should wait for signs of interest rate cuts, which may occur in 2024. Jerome Powell does not signal a cut, but rather increases in interest rates. As we know, lowering inflation in the US economy is a challenge for the Federal Reserve, which directly affects the price of crude oil. The same pattern seems to repeat itself when we examine the Brent oil CFD. Again, we observe an accumulation structure during this period. We can also identify a bearish channel. Even with the buying flow since June, the market may return to the range between 86 and 70 until there are signs of improvement in economic data. What I mean by that is that Saudi Arabia, along with the United Arab Emirates, took advantage of the appreciation of oil to generate more wealth and profitability. This positively impacted the Middle Eastern countries. High oil prices benefited the countries, which increased their production, revenue and geopolitical influence, and they bought clubs, made sports partnerships, opening doors for diversification. Country’s Investments in Technology Saudi Arabia has invested billions of dollars in technology and innovation, as part of its plan for economic diversification and social modernization. The country has sought to become a hub for research and development in areas such as artificial intelligence, cloud computing, biotechnology, robotics, and cybersecurity. One of the examples of these investments is the purchase of 3,000 H100 chips from Nvidia, each valued at US$ 40,000, by the King Abdullah University of Science and Technology (Kaust), a national public research institution. These chips are essential for the development of artificial intelligence software, especially those based on the GPT-3 model. Kaust plans to use Nvidia’s chips to create its own ChatGPT, an intelligent conversation system that can interact with users in Arabic and English, answering questions, providing information and offering services. In addition to Kaust, other national institutions and companies have also bought chips from Nvidia to develop artificial intelligence projects. For example, the Saudi Telecom Company (STC), the largest telecommunications operator in the country, acquired 1,000 H100 chips to create a cloud computing platform that offers AI services to corporate and governmental customers. As we explore the implications of Saudi Arabia’s controversial ambitions, it is essential to consider how these actions are shaping global relations and, more specifically, the impact they have on leading companies in the technological scenario, such as Nvidia. What does NVIDIA have to do with it? Nvidia has stood out remarkably in relation to other companies in the development of chips for artificial intelligence, arousing the interest of Middle Eastern countries. But, this rise, caused some concerns to the United States, which began to impose trade restrictions in the region. To better understand why Nvidia has stood out in this scenario, I decided to create a qualitative and quantitative analysis. Let’s explore the reasons behind Nvidia’s continued success in the field of technology. My goal is to show how Nvidia is benefiting from innovation in its sector and how this can impact its market performance. Qualitative analysis NVIDIA Nvidia is a company known for its products aimed at gaming, but that also stands out in the sector and in the race of artificial intelligences. The company positions itself as a leader and reference in this field, being one of the most valuable in the world. In 2020, its revenue was US$ 16.68 billion and, in August 2021, its market value was US$ 538 billion. With more than 18 thousand employees in more than 30 countries, Nvidia has strategic partnerships with technology giants such as Google, Microsoft, Amazon, Facebook, and Tesla. Relevant Details of the Sector of Activity: The semiconductor sector, in which Nvidia operates, is very competitive and innovative. Semiconductors are essential for the manufacture of electronic components and require efficient chips to meet growing demands. Nvidia differentiates itself by its experience in GPUs optimized for parallel processing and AI. In addition to having a solid presence in games, the company also offers solutions for cloud, data centers, IoT and other areas. For this, it invests continuously in research and development. SWOT analysis: _____ Strengths: * Market leadership in the CCaaS segment. * An open and flexible platform that integrates various cloud communication and collaboration solutions. * High quality and security of the services offered by the company. * Strong revenue and profit growth in recent years. Weaknesses: * Dependence on the North American market, which accounts for approximately 70% of the company's revenue. * Vulnerability to cyberattacks and privacy breaches. * Difficulty in retaining and attracting qualified talent in the technology sector. Opportunities: * Increased demand for cloud communication and collaboration solutions due to the COVID-19 pandemic and trends in hybrid work and online education. * Expansion into new geographical markets and customer segments. Development of new products and services that add value to customers and generate recurring revenue. * Strategic partnerships with other technology companies to enhance integration and interoperability of the company's solutions. Threats: * Intensified competition in the CCaaS segment, with the entry or strengthening of major market players such as Microsoft, Google, Cisco, and Facebook. * Regulatory or legal changes that could impact the SaaS sector or the CCaaS segment. * Reduced demand for cloud communication and collaboration solutions after the end of the pandemic or the return to in-person activities. Source: Seeking Alpha _____ Fundamental Analysis Going straight to the point about the financial health and performance of the company. For this, let’s use the financial data from the second quarter of fiscal year 2024 (ended July 31, 2023). The financial indicators that we will consider are: EBITDA, CFO, ROE, ROIC, Gross Margin and Operating Margin. Source: Yahoo Finance According to the data, it presents good indicators of profitability, cash generation and margins, despite the drop in revenue and profit compared to the previous year. The company stands out in the data center segment, which grew 61% compared to last year. It faces some challenges, such as Russia’s sanctions and China’s lockdowns, which may affect its performance in the future. But the company continues to invest in innovation and expansion, such as the acquisition of ARM and the launch of the Omniverse platform. NVIDIA is a leader in the graphics chip market, with potential to grow even more in the coming years. Source: Yahoo Finance The company has a liquidity of 5.07, which indicates good liquidity. This means that the company has more than enough to cover its short-term obligations. The company has a debt of 0.19, which indicates low debt. This means that the company has a healthy capital structure and is not heavily leveraged. We can conclude that Nvidia has a solid financial position and that it can take advantage of growth opportunities in the technology market. It has also shown consistent results and exceeded expectations. That is why it is considered one of the best in the technology sector. NVIDIA Technical analysis: Translate: But if we look deeper, the video increases since October 2022. If we look closely at the year 2022, it was a year in which the S&P 500 had a very large devaluation compared to the year 2021: It's evident that major stocks listed on Nasdaq and NYSE have also been impacted by this performance, with balances well below expectations and generating significant pessimism. From October 2022, we began to observe a gradual recovery in major stocks listed on Nasdaq and NYSE, although this began in June when there was an increase in purchases on June 21. Despite the sharp decline, there was a recovery from this drop, forming a range where investors took advantage of the pessimism to buy stocks. The movement observed at the bottom on October 3 corresponds to a “spring,” indicating the end of the downtrend. 2023 has been a positive year for Nvidia, and the recent surge could further boost share prices if it breaches the 483 region. After examining the impact of Nvidia on the global technology scenario, we see that technological innovations are not always used positively. We do not know how far Saudi Arabia plans to go, but its ambition and power raise doubts. The country is a controversial figure in the global scenario and with all the investment in technology and innovation, they can generate concerns for the international community. I hope this article was useful and informative for you. Thank you for your reading. Source: Reuters, Financial Times, Investing.com. Tradingview.com, Yahoo Finance
NASDAQ:NVDALong
by Victoredbr
COINBASE, when you taunt the SEC one too manyNASDAQ:COIN Hi friends, Today was a Good Day! At the beginning of this month I went on an adventure, I've done my due diligence on Coinbase. An exchange I love, It was a first legit crypto exchange I used back in 2013. Our relationship was great, coins went in cash came out. ____________________________________________________________________________ I decided to flex and did a bit of financial evaluation. ____________________________________________________________________________ My Idea on July 4th - Coinbase *checks papers* overvalued, yielded a great Long towards the resistance. Consensus was simple, I would like to see Coinbase trade closer to its Tangible Book Value, a range of 35.22 to 23.48 July 20th Idea - Coinbase Rumors with some News sprinkled on top. I was still in an active trade, targeting 70.3 and seeing where it goes from there. I've presented a timeline of what I believed were signs of trouble at Coinbase. July 22nd Idea - COINBASE What happens to a dream deferred? With my Long trade completed, I've reassessed my targets and prepared to Short. Targeting 63.5, and 53.5 if all went well. For a few days the price cruised along the upper channel wall. And then I saw THE NEWS! Coinbase taunts the SEC, and next day they're under investigation. As Short signals go, that was a pretty solid one. Today both Targets hit, the price currently sits near 53.5. Best case scenario, I see the price reach my Tangible Book Value range sometime around August 9th. _____________________________________________________________________________ I invite you to checkout my other three Coinbase ideas, linked below. If you found any of this interesting, please leave a like/comment. Thanks! WhoIsWu
NASDAQ:COIN
by WhoIsWu
Should I store my assets in USDT? QualitativeCOINBASE:USDTUSD Should I store my assets in USDT? I will try to answer this question mostly utilizing the Fundamental Qualitative Analysis. Tether, USDT is a well known stablecoin (reference the chart). There are many just like it, Circle's USDC, Binance's BUSD, MakerDAO's DAI, they all promise a 1 to 1 peg to the USD (at the time of writing 1 BUSD is equals to $0.9987). What is a 1 to 1 peg? is a practice of attaching or tying a currency's (or digital asset's) exchange rate to another currency, in our case a US $. Tether's USDT to USD $ 1 to 1 peg. Example 1 Example 2 Since 2014, Tether has promised a full audit. People and Regulators are eager to see the audited Reserve Assets Report . Tether does have a Transparency page, with some liquidity stats, but recent events have raise questions. tether.to What concerns me. As per Tether's Terms and Conditions (last updated March 15th, 2022) tether.to Tether says they will not issue Tethers backed by digital tokens (BTC, ETH, ADA, etc.) On July 8th, Tether discloses that Celsius Loan was denominated in BTC. tether.to On July 14th Celsius files Chapter 11 The Tweet July 24th, Tether tweets against Ad Cookies and gives a date, 25.07.2022, I guess I should be expecting the extinction of Ad Cookies. I've snooped through Tether's website and there is a Google Analytics and a doubleclick Google Ad Manager cookie present on the pages I've visited. So, no actual Ad cookies spotted. But there is an option to Opt In! Tether's baggage, the timeline April 2019 - NYAG sues Tether August 2019 - Tether goes to Supreme Court to not produce the requested documents from the NYAG July 2020 - Tether loses the Supreme Court lawsuit January 2021 - After a couple extensions, Tether produces the documents, documents from 2018 and older February 2021 - Tether and NYAG settle, fine is paid and a few disturbing details are revealed, that include: 1 Tether hid massive funds losses 2 Tether was not backed 3 Tether faked an attestation that was published on their website 4 Tether commingled customer funds ... the list goes on ag.ny.gov Conclusion Should I store my assets in USDT? Answer: No Tether has a lot of heavy history, inconsistencies, and doesn't like it's own Terms and Conditions.
COINBASE:USDTUSD
by WhoIsWu
$DIDI - The Demise of an IPO (Qualitative Judgement)The current news and development suggest that DIDI will continue to go down. 1. The growth expectation is shattered by delisting the app. 2. The company has a lot of debt, just like any tech companies. 3. Earning growth will be slumpped until they figure out how to get past the hurddles. THE MOST IMPORTANT 4. Management's dishonesty was well documented with the listing process. My current valuation is, This will be a $1 stock soon. With a huge law suit to bear on the backbone, which they will definetely lose. (Clearly documented) The CEO's dishonesty and importance of personal gain rather than the investor's interest (not adding value to the company) is a big big big turn off for me. 2 Things must be noticed or tracked. Let the law suit settle, Unless you see a huge retained earnings that can compensate for the law suit. Want to see the CEO change, or atleast change his attitude and increase his holding by 20% (He just got paid $3,000,000,000 from the IPO). 20% is a conservative number. There are other great options for the money. $POSH will be something I have to evaluate net week. IF YOU TAKE THE POSITION, YOU HAVE TO EVALUATE THE QUALITATIVE NATURE EVERY WEEK
DShort
by UDAY_C_Santhakumar
1
DXY | DOLLAR INDEX - SHORT Commitment of Traders shows that central banks have been shorting the dollar since June, the slash in 1% slash in interest rates by the FEDs is doing the Dollar any good either. Technically we have a good ol' Cup & Handle, we broke the handle's ascending channel quite impulsively, we are now creating another ascending channel. FUNDAMENTALS MANUFACTURING NUMBERS - MIXED FACTORY ORDERS - GOOD BUT NOT GREAT OIL INVENTORIES - WEAK PMI's - GOOD BUT NOT GREAT EMPLOYMENT - WEAK OVERALL STRENGTH BASED ON NEWS Taking into consideration the market movers, oil and employment I say the fundamentals indicate a weak dollar thus far, tomorrow is a critical day as well. So keep stock of your fundamental releases and assess them for dollar strength or weakness this weekend.
TVC:DXYShort
by Austin_Palmer
Why the Quality of your trades matters more than the QuantityMost traders simply want to trade. They fear missing out on the next big move and they forget that the market is still going to be there tomorrow and the next day and 10, 20, 50 years into the future. Everything in the market repeats and that means there will be another opportunity right around the corner, so stop worrying. Today is not the last day you will have to trade and yet many people trade and think like it is! Over-trading is the number one reason that most traders don’t succeed; it’s a ‘cancer’ to your trading account and to your dreams. What would be considering "over-trading?" If you find you are almost always in a trade, you’re over-trading. If you find that you are preoccupied with the markets and your trades, you’re over-trading or you’re about to over-trade. If you are in more than one trade at a time you’re probably over-trading unless you have carefully divided up your overall 1R risk amongst all the trades. There are many other examples of over-trading, but the basic fact of the matter is that you know if you’re trading too much because you won’t be able to sleep at night and you will be hemorrhaging money. I personally only trade 1 to 6 times per month approximately, which all my students clearly know about that, and I very carefully select my trades and filter out the signals I don’t like. A. Here’s what over-trading does to your trading results and account… 1. Too many trades dilute your edges The more trades you take, the more diluted your trading edge becomes. A trading edge increases your chances of success, but the simple fact is, there are only going to be so many high-probability trade signals each week, month, year etc. no matter what your edge is. So, once you start breaking away from your trading edge and start taking lower-quality trades that don’t meet your criteria, you start lowering your chances of success. You are basically diluting your trading edge down to where eventually it will be no better than random or worse. basically diluting your trading edge down to where eventually it will be no better than random or worse. Market Noise vs Quality Trades – There is market noise, and then there are actual high-probability price events, you must know the difference. I wrote an article that touches on this titled how to trade sideways markets and I suggest you check it out to learn more and see some chart examples. The point here is that when you don’t know the difference between market noise and actual price action signals worth risking money on, you will naturally end up taking trades that are just noise and not actual signals, further diluting any edge you may have. The verdict is clear: Before you start risking your hard-earned money in the markets, make damn sure you know EXACTLY what your trading edge looks like and how to trade it so that you don’t ACCIDENTALLY end up over trading. 2. The spread and commission eats your profit How do you think casinos make sooooo much money? Frequency. The high-frequency of games played means that their edge is going to play out to their advantage over and over again. The house always wins. In trading, the broker is the house, and they always win because not only are there a lot of people trading but probably 90% of them are trading WAY TOO MUCH. Hence, your only REAL “edge” as a retail trader or investor is to simply TRADE LESS! Consider this : Every 100 trades you give back at least 100 to 150 pips equivalent in spread or commissions, so the more you trade the more you cost yourself simply due to the “churn” of your account.You want to avoid trading like you’re the casino player and premeditate, filter, and carefully select your trades. In a nutshell, to maintain your edge you want to avoid giving the market or broker the spread constantly. Doing too much of anything is a bad idea If you take a look at most endeavors, trading included, often times doing them too much or thinking too much / worrying too much about XYZ endeavor has a direct and negative relationship to how well you do at that thing. For example : Drinking too much coke, eating too much Mcdonald’s, even working out too much or drinking too much water – all of these things can be bad for you. Being too worried about your significant other will end up pushing them away as it becomes unattractive and “needy”. One thing is true – too much of anything can hurt or even kill you and too many trades WILL kill your trading account for sure! Your brain is wired to get addicted… Drugs, sugar, video games, gambling, blue light from your smartphone, trading, what do all of these things have in common? They can all become insanely, dangerously addictive. Our brains are wired and designed to become addicted to things, this is an evolutionary trait that served us well thousands of years ago as hunter-gatherers, but in modern-day society with all of its unhealthy vices and temptations, it tends to work against us and in certain cases, even kills us. Our brains work on a reward system; when something feels good we get a little “shot” of “feel-good chemicals” such as dopamine and others. Hence, we become addicted to whatever gave us that dopamine rush, whether it was bad or good for us. For example, drugs are obviously bad for you but they can make you feel really good and we can become addicted to that good feeling even though we know the dire consequences it brings. Certain drugs like heroin are extremely addictive and can kill you very quickly, so they are especially dangerous. On the contrary, exercise also releases “feel-good” chemicals and you can become addicted to that feeling and you will be more likely to continue working out, obviously that is not a bad thing. Knowing this basic information about how your brain works, it should be obvious that you need to be very careful and train yourself to get addicted to positive thoughts and processes so that you don’t become addicted to the negative ones. When it comes to trading, we have a laptop in front of us with flashing colors and prices moving up or down that we can use to enter trades at the push of a button. Once we do that and hit a few winners, the brain says “hey that feels pretty damn good, do it again”, and so the trading addiction begins, if we aren’t careful. If you do not create a trading plan where you plan out your trading edge and how you will behave in the market, you will naturally end up over-trading as you will get addicted to the feeling of “chasing” that winner. If you do not objectively plan our your trades in the beginning of your career, you will end up losing a lot of money due to trading addiction before you finally learn the lesson enough times that you either quit or have no money or desire left to trade with. B . A CURE FOR OVER-TRADING I’ve been trading the markets for about 2 years, teaching traders for over half that time, and without a doubt I have learned every lesson there is to learn in the markets many times over. So, the plan I am going to lay out for you below is born out of my experience and it is my opinion that if you follow it, you will be “cured” of the over-trading “cancer” that is probably destroying your trading account right now. 1. Set a max 10 to 12 trades a month, ideally less. You must have some rigid rules built into your trading plan. Think of it like this: some of your trading strategy is rigid and then within that rigid structure there is some flexibility such as how much you risk, how you enter, where you place your stop loss, etc. But, when it comes to trade frequency, it really is necessary to say, “I am not going to take more than 10 trades a month” or 5 trades or whatever. Ideally, I would not trade more than 5 – 7 times a month. If you’re trading more than 10 times a month you’re probably over-trading. 2. Wait for setups matching your plan and apply a filter When we talk about “applying a filter”, I am talking about a set of criteria that you use to check if a trade is worth taking or not. I like to use a T.L.S. filter wherein I am checking for a trade that has multiple pieces of confluence in its favor, at least 2 of 3: Trend, Level, Signal, etc. Your goal is to trade like a sniper and wait patiently like a crocodile hunting its prey. You are not going to go after “every” target or the prey that looks strong and difficult to “kill”. Instead, you want to improve your odds of success by saving your “ammo” (trading capital) for the weaker / easier to get prey / trades. You only have so much money to risk just like a sniper only has so many bullets and a crocodile only has so much energy. Use it wisely or you’ll run out / blow out your account. 3. Set and forget approach One of the big reasons traders trade too much is because they don’t give their trades enough time to play out and then they jump into another trade right away. Remember, good trades take time to play out and if you want to catch big market moves you have to be patient, this means you also have to not trade a lot. This is one reason why you need to set and forget your trades. Doing so not only improves your chances of making big gains but prevents you from trading too much and “chasing” trades. 4. Limit yourself to markets clearly moving in one direction with technical evidence Traders often make the mistake of trading in choppy market conditions, this causes them to get in a trade and it immediately starts going against them, then they want to enter another one. The dopamine chase is underway at that point. Jumping from trade to trade is very dangerous. If you stick to markets that are clearly trending and moving in one direction aggressively, you are much less likely to over-trade. CONCLUSION One of the hard truths of trading is that there simply are not a large amount of highprobability price events in the market each week, month or year. So, it goes to reason that the more you trade the less impactful your trading edge becomes. Despite these facts, most traders continuously trade far too frequently each week, and they end up losing money. My strategy is built on a low frequency trading approach so that I am basically trading as infrequently as possible whilst not passing up the most obvious trade setups. Obviously, there is some learning and skill required to know what constitutes the “best” and “obvious trade setups”, you aren’t going to just wake up one morning and magically know what to look for. With the help of my professional trading classes and the set and forget approach that I teach, you will begin to learn what a “high-quality” price action event looks like and you’ll learn to filter out the lower-quality ones from them. My end of day trading approach is inherently low-frequency FOR A REASON; it results in a selffulfilling type of function that works to systematically prevent over-trading which naturally increases your chances of long-term trading success. Which is what we all want, right? Happy trading, CryptoKings! Do well to follow for more lessons and trading analysis.... Love you all.
Education
by Skuchies_CryptoKing
86
Peak Resorts soars up 112.75% !!Peak Resorts, a company responsible for operating ski resorts in the Midwest, Mid-Atlantic, Northeast, United States soars up by 112.75%. This sudden rise has been caused from a company called Vali Resorts NYSE:MTN , in which will acquire Peak Resorts for $11.00 a share. Peak Resorts is currently trading at 10.85 from the time this has published and is speculated to reach up to 11.00. Therefore this is a perfect opportunity to buy long. It is assumed that all shareholders are happy with the decision. Peak Resorts in comparison to Vali Resorts is far larger and has gained larger revenue within the same similar time period that both companies began, in 1997.
SLong
by bailey707
Could XRP Dethrone BTC as #1 Cryptocurrency in 2019?? Amid another harsh cryptocurrency sell-off today, Bitcoin (BTC) is down roughly 20.02% month-to-date while Ripple (XRP) is up 5.48% month-to-date. After XRP flipped Ethereum (ETH) last week to become the second-largest cryptocurrency by market capitalization, speculation is beginning to build surrounding whether or not it will do the same to BTC in 2019. We believe that one factor driving XRP's strong November while the rest of the cryptocurrency market is sustaining heavy losses is its centralized nature. Because so many factors of XRP are controlled by the Ripple Company, investors do not fear the possibility of a hard fork or network division, fears of which have been exacerbated this past week amid the Bitcoin Cash (BCH) hard fork and hash war. Investors may be fleeing to XRP because they actually believe it is a safer store of value than that of BTC ... is this a trend that could continue? XRP also benefits from consistently positive news sentiment as global banks continue to join the Ripple Network, the Ripple Company's cross-border payments platform that uses xCurrrent and xRapid. Will this continue to drive a bull market for XRP ? Quantamize's AI Machine Learning 3-Day Crypto Signal for Ripple (XRP) is "Do Not Own" with an accuracy rate of 63.47%. Quantamize's AI Machine Learning 3-Day Crypto Signal for Bitcoin (BTC) is "Do Not Own" with an accuracy rate of 64.60%. What do you think about the possibility of Ripple (XRP) flipping Bitcoin (BTC) for the spot as the #1 cryptocurrency in 2019? Comment below and let us know what you think, would love to hear everybody's opinion!
KRAKEN:XRPUSD
by Quantamize
EURJPY Technical and fundamental.Ascending broadening wedge is under construction where Intermediate wave (5) is still to be completed. The price have challenged a downward trend channel, also functioned as correctional minute waves for impulse wave (3) and minute wave ((v)). Price wins this time over the trend channel, and a break is confirmed, while a pullback to testing the trend channel could lead the price to break the wedge and also break the 0.618 fibonacci level, where price could continue further to 120.000. Meanwhile i expect a strong momentum for a EUR upside against the Yen, where a test of support line in the wedge at 129.500 will likely have more chance to be tested than the 120 level. in that statement, i have considered the weak yen policy the BOJ is trying to run, while this won't work at the USD/JPY pair, because of the focus on this subject by the Trump administration that won't allow a weaker yen against the dollar. This is also understandable why the trump administration won't allow it, as the Japanese exports difference between the us and the eu is 22,31% where most of the exports from japan is to the US. This is good for the American consumers but bad for the trade balance deficit for the US, as it can increase with a cheaper Yen. while a lower exchange rate between USD/JPY can increase the exports from US to Japan. Japan Import difference between EU and the US is 28,8% where EU are the big winners with stronger Euro against the Yen, and therefore Japanese consumers need to pay more for goods and services from the EU than the US. This could also be bad for Eu, as the trade balance deficit against Japan could increase as japans products will be cheaper and therefore create more export to Eu and less import from Eu to Japan. The differences between import and export to the us is 49,6%. Where the difference for the Euro zone is 8,8% to the export side. Making the US trade balance with Japan -49,6% and only -8,8% for EU. The Trade deficit to Japan from EU haven't run out of hands yet, and therefore i consider that EU is not concerned for now. Meanwhile US trade deficit to Japan is out of hands, and therefore have the Trump administration thinking of this issue.
Long
by Fx-AlphaStrats
2