Ethereum is expected to go towards a $580 short. Although bets have been towards a negative correlation, a small resistance breakout is imminent for Ethereum given how the market correlations have been. The continued trend of positive than negative spreads for waves seem like a small breakout could happen. However, investing in Ethereum is still considered a...
A 62.24 short is reasonable, given the recent high of the day being 62.0485, and the low being 61.9385. Also, even though the 1 month and 1 day correlations have been negative, the market spread looks like it will likely become positive correlations fairly soon. This is given that less people seem to be indicating to trade against it leading to a small positive...
Delta 9 Cannabis recently suffered a steep negative correlation. However, this was given market resistance. Now the potential of a small breakout or positive spread seems likely to happen. They are a small cap producer, but market demand for their product in the medical cannabis world seems to be growing. A price around CA$1.50 seems reasonable within the next few...
I believe that within the end of this year or a really short time period that Siacoin will conservatively hit the 25 cent mark. It is also likely going to his the $0.16 mark within a week. Right now Siacoin have suffered from negative correlations, but is expected to continue going back on the rise. The Sia Core software have been downloaded over a million times...
Bitcoin seems to be trailing around $7.5k with the retracement being similar to the previous 4 days. Currently correlations have been on the negative side. This is especially true given recent news and bidding against $BTC prices on indexes and futures. Right now however, the market acceptance is seemingly increasing. Even after the suffering it had with the...
Bitcoin is the king of indication for crypto prices. This is true given that it is the first. Just like if the stock market index does bad, usually the stock market isn't healthy. The same applies to the price of Bitcoin. Right now it is trailing around an $8k expectancy given the recent negative correlations. (Though it was trailing towards $9k for a while). It...
As a short target, a return at $0.70 seems reasonable, but in my opinion it isn't fully worth the risk. Ripple will likely be positive if a breakout happens the next few month. However, right now it is mid to high risk as an investment. Even though it is invest-able to some extent to be in a portfolio, there are currently less risky crypto investments to invest in...
Shopify is one of those stocks that went really up the past few years and is sort of a gold mine in the startup world. More and more people are getting interested in dropshipping and e-commerce and the market demand is showing. The small negative dip it had, immediately re-correlated to positive and had a breakout the following quarter. Even though there could be...
I believe Dell is a strong positive correlation and a strong buy. Most likely it will soon surpass $80, then also surpass a price point of $82.50 as a short market call. It is one of those conservative stock picks that have little risk of steep negative correlations in market price. It has a long entry signal of continued positive spreads as it did its last...
I like Siacoin because when I bought it, it was about half the price it was now. However, I HODL'd too long and missed the opportunity to sale it right before the big "crash". That being said, Siacoin is likely to have a small positive correlation trend again and could even be a dip when it reaches a twenty cent price. Overall though, I would say they are a high...
Red Hat is most likely at a market dip for even better positive correlations then this short call that I am making. I believe given what they are doing and how big they are amongst the Linux community, plus past wave trends, bands, and spreads, a $165 short calling is beyond reasonable with little to medium investment risk as a stock pick.
NVIDIA is obviously going to pass the $250 threshold soon, but I think a short call that passes even $265 is imminent as well. The rise of NVIDIA's stock price was mostly pushed by the demand of GPU mining. However, NVIDIA is still a conservative buy. Even if GPU mining demand decreases, the fact is that NVIDIA started doing many things with AI. This includes AI...
Within a year, Ethereum can surpass a $2500 price for a long strategy with medium to high risk. However, there are some contingencies. One of them is the possibility that EOS, one of the biggest hosted ERC20 tokens doesn't crash by then. John Oliver put it best, EOS is an application for building DAPPs hosted on an application meant for building DAPPs. The fact...
Remember when Alibaba slightly went right towards the $200 mark in January? Now they are having the holiday seasons again for e-commerce and it looks like for a short calling, Alibaba will re-pass a $200 price point. (Even with increasing competition from the Walmart and Flipkart merger). Currently at the $195 price point and a trailing that looks like it will...
Walmart's earning reports are due within a week and they are coming up as close competitors to Amazon. They recently acquired Flipkart in a needy but brilliant move to try taking more control in the emerging e-commerce market. Given that they were positively skewed to the left and are now facing a negative correlation, it may not look good. However, the recent...
I believe the market support is going to be around $67 for the next few weeks, and a short call of it going to reach a $70 market price within a timely manner is reasonable. The negative correlations and left skewed spread though seems unattractive to investors, but it is still not considered a high risk stock. Overall Citigroup is investable for a conservative...
With data looks like being skewed to the right again for a positive spread and recoup from the previous fall, most people would recommend to buy Bitcoin Cash. The positive correlations seem to make it almost an obvious investment choice. However, I believe this isn't the case, and being active in crypto it is surprising somebody like me doesn't own or plan to own...
Given Warren Buffet's continued investment and praise of Apple as a stock choice, I believe a $185 price point is imminent. This is especially true given its one day range having a high of $184.25. This peak 3.92% increase was due to Buffet's investment, but the market trend still will rally as a strong buy target for the next couple of days. Apple, as it has been...