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Dystopian

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IQGroup Management Staff Thinks It's Cheap Too

Evidence that next QR will improve? Here are the other filings after I did the post last Thursday on the open market purchases by Mr Chen and Mr Beasley of IQGroup (5107). IQGroup is now supported by 'insider' buying. What you see are the mandatory filings by key management staff. I checked its AR for the Company's policy pertaining to staff de...

Bitcoin Doesn't Exist Chapter 1

Courtesy of The Automatic EarthChapter 1 of this five-part series by Dr. D A while ago, I asked a regular commenter at the Automatic Earth, who goes by the moniker Dr. D, to try and write an article for us. Not long after, I received no less than 31 pages, and an even 12345 words. Way too long for today’s digital attention spans. We decided to s...

Bitcoin is a highly speculative investment. Why caution is required

Courtesy of Co-Pierre Georg, University of Cape Town and Qobolwakhe Dube, University of Cape Town With the price of a bitcoin reaching record highs of more than $10,000, more and more ordinary people consider investing in the cryptocurrency. The recent price surge, however, comes with tremendous risks. Investors should be prepared for the ...

Weakening Wednesday – How Nice to Watch from the Sidelines

Courtesy of Phil's StockWorld So far so good. We have no regrets on Monday's call to get to CASH!!! Now, it is possible that it's a self-fulfilling prophesy as I went on TV, live at the Nasdaq on Monday Morning and told their viewers why I thought the market was drastically overbought – using very simple math that simply demonstrates that it's n...

Tempting Tuesday – Stop Buying that Dip and GET OUT!!!

GET OUT!!!  In this year's horror hit, "Get Out" the main character gets his warning just one time, early in the film. I don't know if it's early or late in the Stock Market Film but I did, very clearly, tell people to GET OUT!!! in yesterday morning's PSW Report and I repeated that warning live at the Nasdaq at 10:30, causing the index to drop...

Just Another Manic Monday – Tax Free Edition

The tax bill passed! That's right, the GOP Senate passed the Trump Tax Plan when all the GOP Senators voted for it – what a surprise. In other news, water is wet. Still, the markets are acting like it's a surprise with the Dow up 227 points in pre-market trading and that's up about 500 points from Friday's lows – in that brief moment we though T...

Record High Wednesday – We Will All Be Billionaires

America is great again. There's no denying it – from a stock market perspective, it doesn't get any greater than this. Forgive me for not believing but how can you deny how easy it is to make Millions in this market. It's the largest cash giveaway of all time – and all you have to do is play along. Out Long-Term Portfolio, for example, is just u...

iPhone X and Durians 2 Things Chinese Will Queue For

The King of Fruits deserves a mention in my blog. :-)  https://www.bloomberg.com/news/articles/2017-11-28/the-fruit-that-smells-like-gym-socks-is-skyrocketing-in-china

Large Caps (Financials) Make The Jump Against Tech

Courtesy of Declan. In the end, it wasn’t Tech to surprise with an acceleration past its bullish rising channel but the S&P and Dow with fresh breakouts.  A confluence of positive data fueled the advance in Large Caps along with a dollop of short covering. Tuesday’s action ranks as a breakout in this indices and brings into play new support...

It just got real.

Posted November 27, 2017 by Joshua M Brown “The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function.”– F. Scott Fitzgerald This weekend, over 100,000 new Coinbase accounts were opened, presumably by people who had an overzealous nephew at their Thanksgiving...