Month: December 2018

This Stock Market Intervention Will Fail Like The Last Intervention

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by Graham Summers of Gains, Pains & Capital Last week’s rally was the result of multiple interventions. “Someone” took advantage of the extremely light holiday volume to ramp markets higher via indiscriminant buying. The media is trying to portray this action as the result of “investors” or “value seekers” but neither of those groups was involved. This was … Read more

2018’s list of failed BITCOIN price predictions

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via theblockcrypto: List of concrete predictions Name Position Prediction for 2018 Date of prediction Pierre Rochard Founder of Bitcoin Advisory $100,000+ December 6, 2017 Ronnie Moas Founder of Standpoint Research $28,000 December 21, 2017 Julian Hosp Co-Founder and President at TenX $5,000 and $60,000 December 26, 2017 John Pfeffer Partner at Pfeffer Capital $75,000 January 9 … Read more

Monster rallies part of bear markets–beware

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via Danielle Park “We are in a bear market, and a bear market is not just going to end in a couple of months considering the ten years of a bull market,” the chief investment officer at Bleakley Advisory Group said Thursday on “Futures Now. ” Boockvar, also a CNBC contributor, acknowledged the market has been … Read more

Hackers stole 1 BILLION in Cryptocurrency from exchanges in 2018

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via forbes: According to the Cryptocurrency Anti-Money Laundering Reportfrom Ciphertrace some $927 million had been stolen from cryptocurrency exchanges in the first three quarters of 2018 alone. That total will almost certainly have hit, if not smashed straight through, the $1 billion mark by now. So, who were the hackers behind the heists and how did they … Read more

2018 Chart Of The Y(B)ear – Stock bulls started out of the gates quickly in 2018 — but it’s the bears in position now to win in the long run.

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by Dana Lyons   12 months ago, stocks entered 2018 firing on all cylinders as much as any point in the past several years. The market was setting records in terms of both the strength of its uptrend as well as its lack of volatility. Practically all stock segments were hitting new highs and it seemed that 2018 might … Read more

The Devastating Global Debt Trend

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By Harry Dent It’s no secret that our Federal debt has more than doubled since the onset of the last recession in late 2007. It’s gone from $10.1 trillion to $23.6 trillion. That’s an 134% increase in just 11 years! And now Trump’s business tax cuts are pushing that debt higher still. It’s now at … Read more