APPLE lawsuit delayed until 2023The much-anticipated trial between Apple and Ericsson, related to a dispute over licensing fees for a number of 4G and 5G patents, will not take place until June 2023.
According to the news site Foss Patents, Apple was hoping to get the trial started as early as December, but the East Texas court that specialises in these kinds of cases deemed this too early.
The dispute between the two tech giants forms part of their regular negotiations over patent licensing fees; the last time such negotiations broke down, back in 2015, they sued each other before eventually reaching a settlement. That settlement expired at the end of 2021, whereupon Apple sued Ericsson, citing "strong-arm tactics". Ericsson in turn sued Apple in three countries at once for what is now allegedly unlicensed use of its patents.
NEWS
Is It Time to Buy in the US Stock Market?Due to the fact that the Dow Jones index showed the worst day in 2022 yesterday, and Nasdaq has lost about 15% over the past month and a half, more and more investors are interested in the question: “Isn't it time to start buying?”.
Outwardly, the question looks more than natural: “buy the dip” is one of the pillars of investing, and if we put “fear of missing out” on top of it, we get an extremely explosive mixture, having accepted which it is difficult for investors to resist the temptation to bribe cheaper.
Cathy Woods adds fuel to the fire by telling how cheap everything is now. Well, yes, part of the shares of her portfolio lost 70% or more. So really, it's cheaper.
But if we look deeper into the very essence of things, then we see the obvious answer to this question: “no, the time has not come yet.”
The vector of the Fed's monetary policy is just beginning to change direction (however, it is doing it quite rapidly: after the publication of the FOMC protocols on Wednesday, the markets are now expecting 6 (!) rate hikes in 2022), the remnants of fiscal and monetary steroids are quickly disappearing from the market organism, and ahead life without an injection awaits us, and on the contrary, there is reason to expect a tightening of not only monetary, but also fiscal policy (the fight against the budget deficit, tax increases and a host of other amenities, after which it will be more and more difficult for the stock market to grow, and it will become easier to fall).
And there is, after all, its geopolitics with potentially very negative outcomes. Yes, potential, but unlikely, but the mood from this is not improving on the markets yet (see the dynamics of prices for gold and other safe-haven assets).
And the question of whether the US stock market has become cheap is actually extremely rhetorical. No, it didn't come cheap. It is still very expensive. More expensive than ever in its history. It's expensive even compared to the dot-com bubble. And then, we recall, upon its collapse, the Nasdaq index lost about 80%.
So 15% is just the beginning of a long way down. Ahead is not only denial and bargaining, but also depression. So we are waiting. We are waiting for hopelessness and despondency in the market. And when they become dominant, that's when it's time to buy.
Retail Sales, FOMC Minutes, Pound, Inflation and OilThe main event of yesterday in terms of news, of course, was the absence of war. As a result, the mood on the eve of the publication of data on retail sales in the US was optimistic.
Markets were expecting US retail sales to rise 2%. But the fact exceeded the most optimistic expectations: retail sales rose by 3.8% in January. The reasons are not only the growth of consumer activity, but also inflation. So the markets were in no hurry to rejoice in anticipation of the publication of the text of the minutes of the last FOMC meeting.
The US Central Bank did not keep itself waiting and reminded that the rate hike in March is a settled issue, and the reduction of the Fed's balance sheet is not far off. In general, buying on the stock market now is too risky and premature. Markets must absorb the fact of the change in the vector of monetary policy, as well as the speed and scale of this.
Among other news, it is worth noting inflation data from the UK. As usual, the facts exceeded expectations: consumer prices rose by 5.5% over the year, and industrial inflation came out at the American level of 9.9%. That is, inflation in the country is at 30-year highs. As a result, there is every reason to expect further aggression from the Bank of England. In this light, we recall our idea to sell the EURGBP pair, counting on the growth of the interest rate differential in favor of the pound and its subsequent strengthening against the euro.
A little bit of the oil market in the end. We have already written that oil growth in recent years was mainly associated with geopolitical instability, and before that, the inability of OPEC + to increase production caused concern. So, if the first factor, apparently, will lose relevance in the foreseeable future, the second, on the contrary, can increase it.
Just yesterday, the International Energy Agency released a number of figures clarifying the current state of affairs. The 10 members of the Organization of the Petroleum Exporting Countries, which are subject to quotas, produced 23.9 million barrels per day in January, compared with a target of 24.6 million barrels per day, according to the IEA.
In general, when the dust of the information war settles, it is OPEC + that will determine the future of the oil market and prices on it.
We remain optimistic in the sense that we believe in the market rebalancing and the upcoming deep price correction. The price of $100 per barrel now does not suit everyone, because it continues to accelerate inflation and even the OPEC countries, no matter how paradoxical it may sound, are interested in reducing price pressure.
Well, let us recall that high prices give rise to the activation of American oil producers. U.S. shale crude oil production is expected to rise by 109,000 bpd in March to over 8.7 million bpd.
If There's No War, Then Where Will the Prices Go?Yesterday, the markets continued to expect a war between Russia and Ukraine, but the level of confidence in its prospects began to decline. And behind it, oil and gold quotes began to decline, as well as stock markets to grow. In addition, prices for natural gas and agricultural products (grain) were falling.
Considering that the current prices largely took into account a certain probability of the transition of the information war into the actual one, the lack of realization of these expectations is a reason for price correction.
So the sale of oil and gold seems to us quite a promising undertaking this week. Unless, of course, you believe that the escalation will subside further. Otherwise, avoid this venture or even do everything exactly the opposite.
The fact that Russia withdrew part of its troops from the border does not really mean anything. So we continue to follow the development of events, while not forgetting that there is also the economy with its laws and indicators.
So, employment in the eurozone in the last quarter of 2021 exceeded the pre-pandemic level, and unemployment in the region generally reached a record low in December.
The times of pandemic restrictions seem to be coming to an end as more and more countries are not only not implementing lockdowns, but rather lifting restrictions, even such as wearing masks.
And finally, about the US stock market. Its growth under a friendly exhalation of relief is almost inevitable, but, in our opinion, it will be short-term and will last exactly as long as the Fed does not return it to the ground with reminders of monetary tightening. So we use growth as an opportunity to sell higher. Moreover, yesterday's data on manufacturing inflation in the US grew much stronger than forecasts.
Bullard Raises Stakes as Gold and Oil Prepare for WarAnd although traditionally all the headlines are devoted to divination around Ukraine, we should not forget about the tectonic shifts taking place in the global financial system. This, of course, is about changing the vectors of the monetary policies of the Central Banks and, first of all, the US Federal Reserve.
So St. Louis Fed President James Bullard said that by July the Fed's rate should be raised by at least 1% in order to curb inflation. As a result, according to CME, the markets estimate about 55% chance that this year the rate will increase seven (!) times.
In our opinion, this entire information war around Russia’s attack on Ukraine is an attempt to divert attention from what is happening in the financial markets, and at the same time write off falling stock market prices for a war, albeit possible, albeit in the minds. Who is now blaming the Fed for the fall of the same Nasdaq by more than 2,000 points over the past month or so?
But God bless them with conspiracy theories. For their main charm is that they can be generated indefinitely, but they don’t give much real understanding of what is happening.
On the other hand, looking at the dynamics of oil and gold, it is obvious that even a virtual war should not be ignored as long as the markets believe in its real embodiment. Oil continues to creep towards $100 per barrel of Brent. As we believe the information war has reached its peak, oil prices are also at their peak.
GBPAUD: Supply Ready 🚨My analysis suggests a strong bearish drop. Will we begin to see bearish pressure from this zone or will it attack the supply I have marked?
Whatever happens, I expect a strong sell-off in and around this area. Good luck traders!
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Week in a Glance: Inflation and Rates, Oil & Earnings SeasonLast week was remembered first of all by the inflation statistics from the USA. No joke, 7.5% growth in consumer prices. This has not happened since the early 1980s. Actually, after such figures, it became completely clear to everyone that inflation would not disappear by itself and strong antipyretic drugs were needed. This, of course, is about raising rates by the Fed.
No one is talking about the start of the increase in May or June, as it was a couple of months ago. The question on the agenda is not “will the Fed raise rates in March?” but “by how much will the Fed raise rates in March?”. And judging by the latest projections, 0.25% is no longer an option. Minimum 0.5%. Not surprisingly, the US stock market failed at the end of last week.
Note that, given the current development of events, this decline is only the beginning of the movement, and not the end.
Yes, the reporting season helps and keeps the ranks of buyers from falling apart completely, but there will be less unity as the quarterly data period ends and as the X hour in March approaches.
The lion's share of the rise in inflation is accounted for by rising energy prices. And the markets pay surprisingly little attention to this moment. After all, it is obvious that in order to combat such a serious inflation, it is necessary to use all available methods, including, for example, reducing pressure on the energy asset market. At the end of last year, the US has already made efforts in the form of a coordinated attack on the oil market in the form of interventions. But this, obviously, was not enough. The next ace up the US sleeve is Iran. There is a feeling that there will be a nuclear deal and oil supply may increase by 1-2 million barrels per day, at least in the short term. But the markets are somehow not at all worried about this, but in vain.
The coming week will be rich in macroeconomic statistics: retail sales in the world's leading economies, plus inflation in the US, China, the UK and Canada, as well as the GDP of the Eurozone are unlikely to relax.
MY PREDICTION FOR NZDUSD 1HR MOVING PROJECTIONAs we can observe market tracing back its original path after a great moves on news last week ,
so in my opinion it will try to get down back into zone after it done trying to respect minor trend rejection ,
and if it cant break the zone of prev reversal it will make a certain fakeout before goes on downtrend path ,
but if a reversal occur it will goes up and respect the supply zone before going down
Thats all from me GP XENIX ,
Have a nice Traders , till next mapping by me
$NXMH Gains Multiple Big Investors Restricted @ 2X Current PriceOn January 31, 2022, White Knight Co., Ltd., a Japanese Corporation, owned and controlled by Koichi Ishizuka, sold a total of 999,999 shares of restricted common stock of Next Meats Holdings, Inc., a Nevada Company, at a price of $2.63 USD per share, to two Japanese Citizens, both of whom are not considered to be related parties to Next Meats Holdings, Inc., pursuant to Regulation S of the United States Securities Act of 1933. Koichi Ishizuka is an Officer and Director of Next Meats Holdings, Inc.
archive.fast-edgar.com/20220202/A7Z2622CZ22ZP2Z2222O22ZWEVVOXZ2S7242/
Over the last month $NXMH has dropped several filings similar to the one above indicating investors have taken huge positions in the stock with restricted shares at 2-3x the current price.
It is also collaborating or possibly the shell umbrella company for Wayback Burgers Restaurants and Dr. Foods Inc. both of which is estimated to pull in substantial revenues. With these filings in, it is only a matter of time before the shell status is removed and the real fun begins here.
With the current float, $30-$50 is a possibility, but to be on the more conservative side I would say $15-$20 for the first year. It reached $14.50 early in 2021 so anything is possible.
Looking forwards to the future of this great company.
$MWWC First Goal $430 Mil+ for Miners Yearly with % in FeesMWWC’s Earning Potential
The three main revenue streams will consist of:
1. Transaction Fees (the fee structure is yet to be disclosed, but read below for potential user earnings that these fees will be acquired from)
2. Hashrate Rental and Sale (Hashrate essentially means computer power, the higher your hashrate, the more crypto you can mine. The more mining equipment MWWC acquires, the more it can earn through this vertical)
3. Commercial Contracts/ Mining Pools (As MWWC grows these opportunities may come to light)
The company's first milestone will be to achieve 500,000 active users with combined monthly user earnings of $35,700,000 the company will then charge a % based fee on every transaction.
Oct 13th, 2021
Minosis Launch Announced
Oct 21st, 2021
Registers minosis.co for beta tester acquisition
User testing ‘UX’ protocol and initiation
Nov 3rd, 2021
Contracts medium-scale crypto mining operation
$1.5 million non-dilutive credit line to establish MWWC as a commercial mining operation
Minosis beta version launch
Nov 17th, 2021
Minosis 2.0 beta launch
Acquisition of additional mining units allows the company to rent hashrates to users for boosted mining power
Patent-pending status on one of MWWC’s unique software features known as: “Distributed Assets Crypto Mining Payouts”
Dec 26th, 2021
Minosis Patent Submission:
Marketing Worldwide Corporation, ahead of the full scale launch of the Minosis portal (Beta v2.0) has achieved patent pending status on one of the unique software features known as: "Distributed Assets Crypto Mining Payouts" ; The Company has planned for this to be the first in a series of patents in the Crypto Currency and Block-Chain Technology sector. All of the intellectual property rights will be retained by ‘MWWC'. CEO, Jason Schlenk said, "Getting this first patent filed ahead of the Minosis global launch was imperative."
Minosis Expanded (Beta v2.0) Release:
The Company anticipates another round of Minosis (Beta v2.0) testing to be made available to the public on or around November 22nd with a full version release by the end of the year; this includes expanded user testing of up to 25,000 people. Minosis (Beta v2.0) will now include four (4) mineable crypto-currencies, the same Minosis Agent features, and information and updates regarding the crypto-currency sector. The expectation is for there to be as many as six more Crypto coins that can be mined in the full version release; all of which will be paid out to the users in Bitcoin (BTC). "We believe that the global launch of the Minosis gateway will set the stage for projectable revenues to be released to the public in late Q1 2022," stated ‘MWWC' CEO Jason Schlenk.
Hash Rental By-Product:
One of the full version features the Minosis platform offers is hash-rate rental; which has been incorporated into the model as an income producing derivative. Hash rental is conservatively expected to account for approximately 75% of the Minosis revenue stream.
Marketing Worldwide has purchased a bulk group of ASIC Miners and is awaiting delivery to take possession. This equipment will be utilized in a small-scale crypto farm, and is capable of six thousand (6,000) t/h; which is, the equivalency of mining one (1) BTC every 19 days or revenues of up to $82,000.00 (USD) per month based on current BTC prices. Additionally, this equipment will serve as the back-bone for user hash rate rental and should be made available to all users who want to increase their overall mining speeds.
"I'm excited to say that ‘right now we are a plus positive company', using new ground breaking tech to project ‘MWWC' into the stratosphere. We have single-handedly brought the company back into compliance, acquired equipment that will list as an asset on our books, and are expected to prove out an aggressive income generating campaign, without adding any toxic debt or dilutive financing. These are massive strides we are taking and our hard work is paying off, and I'd like to keep our momentum going." said CEO Jason Schlenk.
Jan 17th, 2022
"I'm excited to say that ‘right now we are a plus positive company', using new ground breaking tech to project ‘MWWC' into the stratosphere. We have single-handedly brought the company back into compliance, acquired equipment that will list as an asset on our books, and are expected to prove out an aggressive income generating campaign, without adding any toxic debt or dilutive financing. These are massive strides we are taking and our hard work is paying off, and I'd like to keep our momentum going." said CEO Jason Schlenk.
finance.yahoo.com
Feb 1st, 2022
Marketing Worldwide **UPDATE**
The results are in for the coins that will be added to the #Minosis platform next:
#1 Bitcoin Gold (#BTG)
#2 Litecoin (#LTC)
#3 Monero (#XMR)
With much more to come and annual revenues poised at around $450 Million for Miners on the platform for the company's first goal, there is much to look forward to, especially if on that alone the company will charge 5% in fees to be competitive with other platforms, that is still a huge chunk of change within this one stream of income.
Market Fear Causes Respect of > [ 157.3 ] Weekly Zone / GbpJpyThis is my bias as we move into the new week of trading. I was confident after Thursday Daily candle closure that we would finally get a close above 157.300 on the Weekly and Daily Timeframes. The News on Friday caused us to respect this zone on the HTF's . I'm looking for Sells for the first few sessions of the week. My bias will change uf we get a strong 4hr close above 156.845. Looking for limit orders entries as I don't thnk these prices can hold given current market sentiment and fud. I like 156.845
Panic is Catalyst for Continuation lower? // EURUSDthis is what im looking for on EURUSD given the fact that we are in a Downtrend on the HTF's and also the Fear caused by Putin/Ukraine. We have confirmed a fakeout with regard to market structure on the Daily/weekly Timeframes. Looking for sells this week unless we get a strong close above 1.1375 on the 4hr/daily timeframes
GBPUSD Volatility, Fibo will work? 11.02.2022The market was a bit crazy yesterday regarding 10 Feb.
After the Consumer Price Index News for the United States, all the US dollar pairs experienced a volatile move.
It was an up and down move and not an one-direction move. Those are the trickiest ones.
The market should calm down today since is Friday and since the previous shock for GBPUSD did not end yet, as indicated by the Fibo levels we expect a bit of a rise.
Inflation Keeps on Hitting Records as Bond Yields RiseThe main event of yesterday can undoubtedly be considered the publication of inflationary data from the US (consumer inflation). We already wrote that given the current prices for energy resources, industrial metals and agricultural products, as well as their dynamics (permanent growth) and the dynamics of wages, one cannot count on a reduction in inflationary pressure.
So yesterday's data showed that the problem itself will not resolve. 7.5% annual price growth for the US is something unprecedented. Unseen for a good 40 years. Note that this is even higher than analysts' forecasts, who expected a 7.3% growth.
This news is definitely not in the hands of buyers in the US stock market, if only because the Fed has less and less time and room to maneuver. An increase in the rate in March is already seen as something inevitable and it is quite likely that the rate will be increased not by 0.25%, but immediately by 0.5% (if before the publication of yesterday's data, the probability of this was estimated at about 25%, now it is 92%). And the rise in US Treasury yields (10-year yields have surpassed 2%) makes us wonder if it is worth buying overpriced stocks, exposing ourselves to the risk of a bubble burst, if you can get a guaranteed 2% with formally zero risk.
There are still few sellers on the oil market. This was partly helped by the latest OPEC report, which says that global oil demand will grow by 4.15 million bpd in 2022 after a sharp increase of 5.7 million bpd in 2021. Apparently, the fate of the oil market will be decided at the supply level: will OPEC + continue to increase production further and is this structure really able to increase supply, by how much will the US increase production in 2022 and, finally, will they come to an agreement with Iran, and if so, how much additional oil will be on the market. The fate of oil will depend on the answers to these questions.
Choppy day for the USD...Lots of pressure on the dollar today with inflation and jobless data. Overall weak us new which has been very manipulative and encouraging growth in other currencies.
It will be interesting to see if the USD can stabilise of the back of todays trading sessions. 95.00 to 94.00 could provide support should the index drop off into the final hours of this week. We could even be approaching a 200 DMA revisit after almost 6 months...
EUR/USD - Will CPI cause a rally? Good morning guys! ☕️
I`m still staying aside and observe as the market is very weak in volume.
The big players highly await the US-CPI-Data since they never had such a strong importance to the market, as this should offer new clues on how aggressively the Federal Reserve will tighten monetary policy this year.
Almost nothing moved until yesterday due to rumors by JP Morgan saying that inflation has reached its peek and that todays CPI should be lower than expected.
This would obviously be good for stocks and the risk-on-sentiment which has a strong impact on a lot of currencies since the most hawkish scenario is probably already priced in.
Especially stocks that benefit from deflational-scenarios like tec-stocks were pumping (compare NASDAQ100 to SPX500).
For example:
AUD/USD aswell as NZD/USD were following the risk-on-mood of the stockmarket, while EUR/USD and GBP/USD were volatile without any direcction.
A high and longer lasting inflation than expected while the economy slows down is currently the markets biggest fear as one of the most important tools to boost the economic growth is liquidity, so lower interest-rates and for example quantative easing.
If inflation is already high central banks can not really support the market with more financial injection, means the higher the inflation the less likely it gets to see more fiscal support to boost consume and investment and that would not be good for companies, and so for stocks.
Simply put:
1️⃣ A lower CPI could confirm yersterdays rally due to expectations for less rate-hikes this year by the fed 👉US-Dollar should fall!
2️⃣A higher CPI could spread fear in the market due to expectations for a very tight monetary policy by the fed 👉 US-Dollar should rally!
Several companies have already lowered their earning-expectations for this year as they expect a harsh hawkish run by Jermome Powell.
Let`s see whether data can confirm the markets rally or not.👊
SPX500 👉
EUR/USD 👉
Are Problems Over? Data from the US May Give a HintA couple of months ago, we wrote about the main threats to the global economy and financial markets in 2022. Inflation, a pandemic, disruptions in global supply chains - that's what worried market participants around the world.
And although 2022 has just begun, there is a feeling that thanks to Omicron, with its super contagiousness, with relatively mild consequences, the pandemic will stop for the foreseeable future.
Commenting on disruptions in the global logistics system, A.P. Moller-Maersk A/S, which handles nearly a fifth of the world's container shipping, said the disruption could stop in just a few months.
As far as inflation is concerned, everything is less rosy here. But the Central Banks have clearly entered the warpath and, in theory, the situation will stabilize after a while. However, even today, data from the US may remind that this problem is still far from being resolved.
Moreover, commodity markets are at multi-year highs. According to Goldman Sachs Group analysts, there is a shortage of absolutely everything, from oil and metals to agricultural products. And if so, then it is somewhat naive to expect any serious price reduction in such conditions. In general, we monitor not only the actions of the Central Banks, but also prices in the commodity markets.
And what else is worth monitoring is the situation in the automotive sector. If over the past couple of years food prices have increased by an average of 5%+, for energy - by about 10%, then for used cars the increase was about 23%. This, in turn, is a derivative of the shortage of chips and the underproduction of cars, the scale of which is in the millions. So the growth in car production will be one of the signals in favor of an early reduction in inflationary pressure.
Bank of America and 7 Rate Hikes, Iran and OilOn Thursday, another portion of inflation statistics from the United States will be published, and Bank of America, anticipating its next increase, announced its forecast for the number of Fed rate hikes in 2022.
The number of expected promotions is impressive - 7 pieces. This is the most aggressive forecast to date from leading experts. As an additional motivation, Bank of America analysts cite Friday's data on the US labor market, which, among other things, showed a sharp increase in wages in the US (by 0.7% in January to 5.7% per annum), which was the highest since March 2007.
Meanwhile, US Treasury yields are rising, as are the chances of a rate hike in March. Moreover, the probability that it will be increased not by 0.25%, but immediately by 0.5% has already approached 40%.
But that didn't stop the US stock market from rising yesterday. The main reason for growth is the quarterly reporting of corporations, which, although in some cases raises questions, but for the most part, it turns out to be excellent. However, if you wish, you can find a negative.
For example, analysts at Wells Fargo note that the profit margin compared to the third quarter, and a number of large companies in the reports mention the threat of inflation. Well, do not forget that many companies did not give forecasts for future quarters and the year as a whole. Which indicates their uncertainty about financial results in the future.
Oil yesterday was under pressure, but not facts, but rather their expectations. I mean negotiations with Iran. While they are in the process and took a ten-day break. But according to rumors, there is progress, which means that in the event of sanctions from the United States, serious volumes of additional oil supply may appear on the market at once. According to various estimates, from 0.5 to 2 million b/d.