More so than the bubbling trade dispute, growing fears of technology regulation, or any other fear circulating the markets today.
Why would I be worried about an earnings season where expected earnings growth is a robust +17.1%?That’s why S&P 500 companies usually make it a point to try and under-promise and over-deliver.
Yet, Earnings are Being Actively Revised Higher
On December 31, 2017, the estimated earnings growth rate for the first quarter 2018 stood at +11.4%.
The UBCI (Upbit Crypto Index) is composed of long-term transactional data from four market indexes; Market, Sector, Bitcoin, and Strategy.The Bitcoin Index will zero-in on bitcoin trading prices, while the Strategy Index will be a rule-based index indicating quantitative investors’ rules and tracking portfolio yields.
Upbit was launched in October 2017 by Dunamu, the fintech startup responsible for Korea’s popular stock trading app, Kakao Stock.
The announcement comes after government crackdowns in China forced Huobi and other Chinese exchanges to cease yuan-denominated trading in October 2017, altering their business plans.
According to Huobi’s COO, Robin Zhu, the new foray into the U.S. market is a major piece of their broader international expansion effort following the forced pivot.It follows that Huobi has since opened offices in Singapore, Hong Kong, and South Korea, and there are plans for a similar venture in Japan.
The company’s new San Francisco office initially focused on blockchain startups, but the presence of compliance experts on the payroll signaled the possibility of a US launch before the recent official announcement.
From late January through early April, the S&P 500 has declined more than 10% and many investors are wondering how long the gyrations will last.can take the emotion out of the equation and help you make decisions based on data and probabilities — instead of based on gut feelings.
Tickeron’s A.I.
But as it turns out, it wasn’t even the tip of the iceberg.
In a blog post by Chief Technology Officer Mike Schroepfer, Facebook is now saying that “most” of its 2 billion users may have had their personal data skimmed from the site by "malicious actors."While Facebook insists it has disabled the feature that enabled data scraping from the site’s search function, the fact remains that the feature existed for enough time to compromise most users.
The direct quote from CEO Mark Zuckerberg himself is the tell-all of how bad this problem really is: "It is reasonable to expect that if you've had that setting on in the last several years that someone has accessed your information.
This decentralized, public transaction ledger has been embraced by financial institutions for its transparency, speed, and security (as well as its potential to cut costs), and creative uses are being regularly implemented in different sectors.Now, JPMorgan has announced potential plans to spin-off its blockchain network, Quorum, into an independent company.
Quorum, which shares 95 percent of its software with cryptocurrency Ethereum’s blockchain, is an “enterprise-focused version of Ethereum…ideal for any application requiring high speed and high throughput processing of private transactions within a permissioned group of known participants” aimed at addressing “specific challenges to blockchain technology adoption within the financial industry, and beyond.”
The open-source project began in 2016, becoming part of the Ethereum Enterprise Alliance (EEA) in February of 2017.
The company, which began operations 18 months ago and partnered with payments provider Blueshyft to provide the new service, bills itself as “one of the first independent Bitcoin exchange networks in Australia.”
The announcement comes at a time of increased mainstream recognition for cryptocurrency.Rupert Hackett, CEO of Bitcoin.com.au, touted the move as another example of increased institutional acceptance for bitcoin, marveling at “the fact that you can now buy bitcoin and ethereum from the same place you purchase soft drinks and stationary.”
Hackett sees the new sales model as a perfect fit for novice investors, simplifying a process that can seem intimidating and abstract to laypeople.
Masters, a former top trader at J.P. Morgan, has criticized banks for “[having] absolutely failed to innovate in any way, shape or form,” in reference to banks’ slow adoption of cryptocurrency and its underlying blockchain technology.
Masters, who ran J.P. Morgan’s New York energy trading business in the 1990s before leaving to establish his own commodities fund, pivoted his firm’s focus to digital currencies in 2014.In a recent interview with Business Insider, Masters touted the “true revolution” that he believes cryptocurrency represents as an example of “trench warfare” between “analog financial service companies and digital financial services companies”.
Last summer, Tickeron's A.I.discovered a Three Rising Valleys bullish pattern and accurately predicted the stock price surge from the Breakout Price of $231.54 to the Target Price of $247.18 — a nearly +7% gain.
The Three Rising Valleys pattern forms when three minor Lows (1, 3, 5 on the chart) arrange along an upward sloping trend line.
Shady stuff, sure, but also potentially against the rules.
The Federal Trade Commission has a rule known as the “consent decree,” which states that users must explicitly give their consent if data about them is to be shared beyond the scope of what’s covered in their privacy settings.In this case, it seems fairly clear that sharing personal data with a third-party data firm (Cambridge Analytica) – whose goal it was to use the information to influence people for political reasons – violates the consent decree.
That’s where the numbers start to add up in a big way.
discovers.
One such pattern is the “Cup-and-Handle Bullish” formation.The question is: how can investor possibly spot this pattern when there are literally thousands upon thousands of securities being traded?
The answer: Artificial Intelligence! Tickeron’s A.I.
Coinbase, by contrast, made a reported $1 billion-plus in revenue in 2017 by charging 1.5 to 4 percent in fees per transaction.
Users can also track an additional 14 carefully-selected coins in the same app they use for Robinhood’s standard service, says the company’s co-founder, Vlad Tenev: “We’re extremely selective about the cryptos we’re making available on the platform,” Tenev told TechCrunch.Multiple times people have declared them dead and they’ve come back stronger than ever.”
To get users started, Robinhood Crypto offers instant transfers up to $1,000 (or more, for top-tier members) – an improvement over more-established exchanges.
Tickeron’s Artificial Intelligence continues to discover scores of new patterns and investment ideas in the securities markets.
Below you can see a volatile security that has just confirmed a Cup-and-Holder bearish pattern.Traders who are itching to sell a security short or who are familiar with put options should click on the pattern and find out what the security is.
Current Trading Opportunity #1 — Cup-and-Holder Inverse (Bearish)
Below you’ll see another pattern that Tickeron’s A.I.
On January 17, Tickeron’s Artificial Intelligence (Pattern Search Engine) confirmed a “Broadening Bottom Pattern” for Bitcoin.The AI made a prediction was bold and difficult to believe, given Bitcoin’s powerful rise over the last year.
Tickeron’s Artificial Intelligence was predicting a -40.53% crash.
At the time of the prediction, Bitcoin (BTC.X) was trading at a little over $11,000, but according to the AI’s forecast, it believed with 88.78% confidence that the price was set to plunge below $6,000.
What happened next is astonishing:
● BTC.X ‘breakout price’ set by AI on January 17: $11,491 (reached on January 18)
● BTC.X price on February 5: $6,914
On a price basis, that marks a 39% decline, meaning the AI’s forecast was remarkably close to being on target.
However, in what appears to be a grasping-for-straws effort to revitalize the economy, the government has introduced a new kind of virtual currency, the “petro,” that they believe can reverse their fortunes.Various difficulties, including severe income inequality, corruption, increased oil supply from elsewhere in the world, falling commodity prices, and international sanctions have led to the current political crisis for President Nicolás Maduro and his administration.
Current Trading Opportunity #1 — Broadening Bottom (Bullish)
Pattern Description
The Broadening Bottom pattern is formed when the price of a security progressively makes higher highs (2, 4) and lower lows (1, 3, 5) following two widening trend lines.It potentially indicates growing investor nervousness and indecisiveness.
Trading Idea
Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend.
After about two years of dormancy, volatility is back in the markets with the S&P 500 crossing into correction territory (-10%) for the first time since early 2016.The question on many investor’s minds is, what happens from here?
History suggests a few outcomes may be possible.
According to Goldman Sachs Chief Global Equity Strategist, Peter Oppenheimer, the average bull market 'correction' is about 13% over four months, with about a four-month period needed for stocks to recoup the lost value.
But for all the optimism, it might be bitcoin’s underlying technology that holds the most potential for the future.
Blockchain, the foundational element of cryptocurrency that functions as decentralized transaction ledger, is being applied creatively in diverse fields far beyond bitcoin as people embrace its transparency, efficiency, and security.Among the industries implementing blockchain are:
Investing
Initial coin offerings, or ICOs, allow entrepreneurs and startups to raise capital by issuing their own variety of coins or tokens directly to the public.
It will seek additional profits by exploiting price differentials in domestic and foreign cryptocurrency exchanges, and hopes to offer 20% annual returns.
Fisco was an early believer in cryptocurrencies’ potential, offering research and information before other similar outlets, but their approach is not limited to providing data.They were quick to take advantage of April 2017 legislation recognizing bitcoin as a legal payment method in Japan – Fisco’s cryptocurrency exchange unit issued a three-year, 200 bitcoin-denominated bond in August (worth $800,000 at the time) to another group company.
The company announced that it had licensed its name and branding to WENN Digital for the development of a unique digital media rights platform using blockchain, backed by their unique cryptocurrency called “KODAKCoin”.
The official announcement details "an encrypted, digital ledger of rights ownership for photographers," – essentially, photographers will use blockchain to register works.This is a potentially exciting development for photographers, who have long struggled to control the use of their work in the wild-west world of digital.
Kodak CEO Jeff Clarke described the goals behind the technology in a statement: “‘Blockchain' and 'cryptocurrency' are hot buzzwords…[that] are the keys [for photographers] to solving what felt like an unsolvable problem.