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UNIFICATION | $FUND | The Game Changer | The next big ONE.

https://unification.com/
Header:
You can visit and check my profile how much those early birds that read my post gained in my previous calls. There are others who called it first but I re-posted it for project awareness because they are still in low mcap before.
$xgm x5 $kai x4 $ring x2 $2key x3
Marketcap: 4.3 million
NO ICO NO PRIVATE SALES
IEO price: $0.06
https://support.probit.com/hc/en-us/articles/360031772931-Unification-UND-will-launch-IEO-with-ProBit-Exchange
Current price: $0.045
A little bit history;
Unification or $FUND started as $UND wherein they burned the 88% of their total supply (1billion) and undergo mainnet this past May 14th, swapped $UND to $FUND at 1:1 ratio and considered $UND as a testnet after swapping and, $FUND as their mainnet.
https://medium.com/unificationfoundation/the-unification-new-genesis-event-88-of-und-supply-destroyed-37fa56484396?source=collection_home---4------7-----------------------
Introduction:
Unification is a hybrid public/private blockchain that connects interoperating private WRKchains to a public Mainchain. Any independent entity can deploy useful scaled solution, via WRKchains and exchange data in closed environments. WRKchains can support any DApp/smart contract and may have their own native coin (or not), all while maintaining speed and scalability.
Technology:
Beacon - Beacons are the best choice for singularly maintained centralized databases that require an element of trust added
WrkChains - WRKChains are a Distributed Ledger Technology designed specifically for real-world enterprise and consumer adoption
TokenForge - TokenForge is Unification’s WRKChain infrastructure that allows for a consortium marketplace based on tokenization
My opinion:
For me, this token is such a vast industry. Unification created a solution for enterprises wherein if blockchain will be used in enterprise data operations, it will clogged the network because of heavy loads. And here they are, crafted the WkrChains, it is the fucking perfect solution that world needs. If I compare Neyma to Sergey, they are almost the same, who built the perfect blockchain/token to maximize the usability and scalability of blockchain. Also, Neyma the CEO of $FUND has connections to GOOGLE and RIPPLE.
Imagine, private companies, enterprises and Governments will start using WrkChains. As time passess by, $FUND will eventually grow higher and higher and higher.
They already have a working WrkChain named as "FinChains", it is a decentralized price oracle developed by Yellow, it is estimated to consume more than 500k to 1million $FUND a year.
Imagine, when the adoption phase begin, there are a lot of $FUNDS will be used in utility. I don't care what you say, but for me this project is belong to top 50cmc, for short 100m mc, x37 from here. Worst case is top 100cmc at 50m mc, x18 from here.
Don't missed out on this one. I highly suggest it to add it on your portfolio. If you missed out on LINK, NEO, UBT ico days. Here's your chance.
Tokenomics;
Explorer: https://explorer.unification.io/
Circulating supply : 93,851,203
Total supply : 120,000,000
Staking: YES
There are 49 million tokens currently at perma stake by the company to secure the network at 51% attack. This will be locked forever for the security of the network. This is equivalent to 1/3 of total supply.
Also, 10m $FUND will be minted each year that will bring the total supply at maximum of 210 million by the year 2029. But it will be locked and will only be used to sell for enterprises for utility usage and to pay for network tax (block rewards) it means, the more WrkChains will be deployed, there will be "DEFLATION" because it will be used by enterprises etc. If those 10million minted $FUND each year is not sufficient for enterprises, they have to MARKET BUY the $FUND tokens.
Good tokenomics tho.
Main Goal:
To deploy 100 Wrkchains this 2020
Partners:
Travala.com
INLAGS (Latin American Institute of Health) https://www.inlags.com/
BidiPass (https://bidipass.org/)
Alpha Chain (https://alphachain.com/)
Yellow (https://www.yellow.com/)
Beach Head (https://www.beachhead.com/)
Binance Info (https://info.binance.com/)
Deployment Partners:
Amazon Web Services
Google Cloud Platform
Microsoft Azure
Exchanges:
Probit (suggested exchange, NO KYC)
BitForex (suggested exchange, but low liquidity)
Binance Dex (Not a mainnet, needed to swap)
Digifinex
Bidesk (Not a mainnet, needed to swap)
Useful links:
1st enterprise to adopt WrkChains https://explorer.unification.io/transactions/8F0B166542C8E95ABCFFE35D8587E665149F65457AF5A41742010CE18143DCA4
An enterprise purchase of $FUND yesterday worth $21,000 for utility usage.
https://explorer.unification.io/transactions/F7A79321387AF875570E6F97BC7E909D092C9870B19E94AFCBD84ED5D7EDC268
Big Boss Capital as a Unification Validator https://endofthechain.com/big-boss-capital-is-live/amp/?__twitter_impression=true
Generation Crypto AMA Recap http://gcrypto.media/unification-ama-recap/
WrkChains detailed explanation https://www.youtube.com/watch?v=4hJmV5vdG2o&feature=emb_title
The Gem Hunters rated $FUND as Emerald Grade 3 https://www.thegemhunters.net/reviews
A superb review of $FUND by Blockfyre, Rated $FUND a score of B7. https://blockfyre.com/unification-fund/
tehMoonwalkeR added $FUND to his list. https://twitter.com/tehMoonwalkestatus/1265281813603250179?s=19
An interesting thread by other user https://www.reddit.com/CryptoMoonShots/comments/gn0j9v/the_birth_of_fund_moonshots_part_2/?utm_medium=android_app&utm_source=share
Telegram https://t.me/unificationfoundation
Telegram Ann: https://t.me/UnificationOfficial
Medium: https://medium.com/unificationfoundation
Twitter https://twitter.com/UnificationUND?s=09
Coingecko https://www.coingecko.com/en/coins/unification
Conclusion:
You can apply the law of supply and demand in this token. Wherein scarcity will happen and will boost the token's price a lot and also consider the 49m permanent stake which is 1/3 of the total supply. Which means only 71 million are in the circulation. If this will be listed to another 5 more exchanges, the demand will increase which will give a massive boost to the price. Plus, add those incoming WrkChains deployment which will use about an estimation of 500k to 1million $FUND per year for utility usage. Their main goal this 2020 is to deploy 100 WrkChains. Imagine the scarcity. It will be above the rest. They worked hard 2 years for this perfect solution. Silently working and here they are, going to make a name in the industry.
Try looking out for the flaws of this project. If you have any, kindly comment it here.
Post Scriptum:
Enjoy bagging this GEM as early as you can before it explode in corporations, enterprises and Governments and exchanges. This is my Ace card in whole crypto.
FUD and bash is accepted. If you're saying 4m mcap is too high. No it's not. It's still in it's infancy phase. Also screencap this, next year it will be a happy memory that you read this post and you will thank me in the future.
submitted by MasteRalph to CryptoMoonShots [link] [comments]

Wall Street Week Ahead for the trading week beginning May 27th, 2019

Hey what's happening wallstreetbets! Good morning and happy Saturday to all of you on this subreddit. I hope everyone made out pretty nicely in the market this past week, and are ready for the new holiday-shortened trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning May 27th, 2019.

Trade and the economy have become the new roller coaster for markets - (Source)

Trade headlines could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and moves in the bond market, which is flashing new worries about the economy.
Stocks were on a roller coaster ride in the past week, as markets reacted to worsening trade tensions and concerns that negotiations could be prolonged, causing pain for the global economy. But the bond market’s move was perhaps even more dramatic, as yields, which move opposite of price, fell to levels last seen in 2017, and the futures market began to price in three Fed interest rate cuts by the end of next year.
“There’s not a lot of economic data next week, so events hang over us,” said Marc Chandler, chief global strategist at Bannockburn Global Forex. “It’s more about the evolution of old issues than new issues, like trade and Brexit.”
Brexit will continue to be a focus in global markets. U.K. Prime Minister Theresa May stepped aside Friday after failing to get agreement on a plan for the U.K. to leave the European Union. Chandler said investors will be watching the jockeying among candidates hoping to succeed Prime Minister May, with hard line Brexit proponent Boris Johnson expected to seek the job, among others.
As for trade, Chandler said it’s possible that President Donald Trump’s comments that Huawei could be part of a trade deal may be the start of a new approach by the administration to tone down its rhetoric. The telecom giant has been blacklisted by the U.S. and is expected to be denied access to U.S. components for its equipment.
“In some ways, it’s a headline problem. We think of it more as event risk,” said Nadine Terman, CEO and CIO at Solstein Capital. “China thinks in dynasties and U.S. investors seem to think in durations of days and months, so I think we are misunderstanding the duration of their negotiating strategy.”
She said the issues between the two countries go way beyond trade and extend to China’s military aspirations in the South China Sea and its global campaign of influence through the Belt and Road initiative, Chinese President Xi Jinping’s signature program.
“It’s now become more nationalistic, emotional, to say: ‘We’re going against the U.S. and we’ve got to be in it for the long haul.’ I don’t think you have the same emotion here in the U.S. You don’t have the same nationalistic pride to say ‘we have to fight China at all cost,’” she said.
In the past week, Wall Street increasingly began to expect the Trump administration to turn up the pressure on China with another wave of 25% tariffs on the $300 billion or so in goods remaining that have no tariffs. Those tariffs would directly hit American consumer goods and are expected to take a bigger bite out of the economy.
Fears of a trade war hurting global growth and concerns that the U.S. is already beginning to weaken were evident in the bond market. Treasury yields reflected lowered growth expectations. The 10-year hit a low of 2.29% on Thursday and was at 2.32% Friday.
J.P. Morgan economists Friday downgraded their view of the economy, slicing second quarter growth to just 1% from an earlier forecast of 2.25% and first quarter growth of 3.2%. The economists blamed weak U.S. manufacturing data and said risks were signs of weakness in the global economy and also indications that the trade war was hurting business sentiment.
“The concerns the markets have right now are that we’re moving towards a worst case scenario, and that could persist for quite some time,” said Mark Cabana, head of U.S. short rate strategy at Bank of America Merrill Lynch. “If that’s the case, then the market is believing economic data, and the Fed will likely need to respond to that by trying to offset and prevent a recession.”
The most important data point in the coming week will be Friday’s personal consumption expenditures, which includes the PCE deflator inflation data that the Fed monitors. It was at 1.6% year-over-year last month, and is expected to be the same for April, well below the Fed’s target of 2% inflation.
Inflation has become a key focus on Wall Street, particularly after Fed Chair Jerome Powell said low inflation appears to be transitory and not enough of a concern to make the Fed cut interest rates. Powell and other Fed officials have stressed the Fed is pausing in its rate hiking cycle, is monitoring the economy and does not yet know which way it will move next.
Solstein Capital’s Terman said she is watching the PCE inflation report to see if it confirms her view that inflation and the economy will be weaker this summer.
She also expects the markets to be choppy, and by late summer, around its annual Jackson Hole symposium, the Fed could indicate it could cut interest rates.
“People are going to start getting even more concerned this summer about the U.S.,” Terman said.
Terman said she has been positioned for lower inflation and slower GDP growth with key holdings in utilities, REITs, Treasurys and gold.
“What would do well this summer? Staples, utilities, health care, REITs. You want fixed income. You want to be underweight tech, energy, financials and industrials,” she said.
There is also home prices data Tuesday and advanced economic indicators Thursday. That comes in addition to a few earnings reports, including Costco, Ulta Beauty and Dollar General.
Markets will also be watching the outcome of European parliamentary elections, and if there is a strong showing by populists, there could be a negative impact on the euro and risk assets.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Sector Performance WTD, MTD, YTD:

(CLICK HERE FOR FRIDAY'S PERFORMANCE!)
(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART!)

S&P 500 Down Four Straight Day After Memorial Day

Our office will be closed for observance of Memorial Day on Monday, May 27. U.S stock and bond markets will also be closed. As you spend some quality time off with family and friends please take time to commemorate those who have paid the ultimate price while serving in the U.S. military.
For decades the Stock Trader’s Almanac has been tracking and monitoring the market’s performance around holidays. The trading day after Memorial Day has a mixed record going back to 1971. Both S&P 500 and NASDAQ have declined more often than risen on the day, but average performance is still positive. Since 1986, the frequency of gains has improved, and average performance has also risen however, over the last four years S&P 500 has declined. The second trading day after Memorial Day has since more advances than declines, but average performance is negative for NASDAQ. The third day after appears to have the best long- and short-term record combined with solid average performance.
(CLICK HERE FOR THE CHART!)

The Bespoke Report - It's All Relative

Hut, Hut, Cut! With weaker economic data to contend with this week on both a domestic and international basis, plus escalating tensions between the US and China, investors are increasingly pricing in a higher likelihood of rate cuts from the FOMC before the year is out. Through mid-day Friday, the Fed Fund futures market was pricing in over an 85% chance of a rate cut between now and the January 2020 meeting. Those are the kind of odds that would make James Holzhauer say "All in."
(CLICK HERE FOR THE CHART!)

Fed Members Side With “Transitory” Inflation

Investors just got more details on Federal Reserve (Fed) policymakers’ views of inflation.
Minutes of the Fed’s most recent meeting, which ended May 1, showed that “many participants” considered slowing consumer inflation as “transitory,” and agreed that the Fed’s current patient approach should help stoke economic growth and inflation. Policymakers’ optimistic view on inflation runs counter to a growing opinion in financial markets that slowing growth in core personal consumption expenditures (PCE) could warrant lower rates.
Markets think the grace period for a “transitory” excuse has passed, but data show it’s too soon to tell. Another measure of inflation, the Fed Bank of Dallas’s “trimmed mean” PCE measure, points to higher pricing pressures ahead. As shown in the LPL Chart of the Day, the trimmed mean PCE, which has proven to be a less volatile version of core PCE, has hit 2% year-over-year growth for the past several months.
(CLICK HERE FOR THE CHART!)
“It’s tough to make a case for lower rates with over 3% gross domestic product growth, healthy wage growth, and a labor market close to full employment,” said LPL Research Chief Investment Strategist John Lynch. “If consumer inflation picks up, the U.S. economy will be near full employment with healthy inflation across the board, fulfilling the Fed’s dual mandate.”
Of course, much has happened on the global front since the Fed’s last meeting. Trade tensions have flared up again, with the United States raising tariff rates on $200 billion of Chinese imports and threatening to increase rates on the remaining swath of goods. Logically, tariffs should be a catalyst for higher consumer inflation, as higher costs should boost price growth. However, the opposite has happened over the past few months, and there are several factors to consider when thinking about future inflation.
Overall, we don’t see a strong argument for a rate cut right now, and we side with the Fed in thinking consumer inflation could pick up as wage growth accelerates and growth stabilizes. At the very least, it’s becoming more obvious the Fed doesn’t have enough clarity to move policy in either direction.

Another Reason For Bulls To Smile

The S&P 500 Index has officially gained each of the first four months of the year for the first time since 2013. This comes on the heels of the best first quarter since 1998. Six straight months in green has been the best monthly win streak to start a year, and that last happened in 1996.
Starting a year with strength like this historically has been a good sign, even though stocks in May saw a nearly 5% correction.
“Although we wouldn’t be surprised to see continued volatility over the coming months, the good news is a great start to a year has had a funny way of eventually resolving higher,” explained LPL Senior Market Strategist Ryan Detrick. “In fact, the rest of the year has been higher an incredible 14 out of 15 times after the first four months were in the green!”
As our LPL Chart of the Day shows, the S&P 500 returns the rest of the year (final 8 months) have been more than twice as strong as the average year returns—10% versus 4.7%—following four straight monthly gains to kick off a new year. There’s always a catch though, and in this case we’ve seen an average pullback of more than 8% the rest of the year.
(CLICK HERE FOR THE CHART!)

Earnings Season Takeaways

We consider earnings season a success based on the amount of upside to prior estimates generated by S&P 500 Index companies despite several headwinds. Companies handily beat expectations to get first quarter earnings up to flat, as shown in the LPL Chart of the Day.
(CLICK HERE FOR THE CHART!)
When earnings season began in mid-April, consensus estimates called for a 4–5% drop in S&P 500 earnings, according to FactSet data. Beating results by this much is impressive considering persistent trade uncertainty and the drag on overseas profits from a strong U.S. dollar. Also consider that the median stock in the S&P 500 has grown earnings several percentage points faster because a few large companies are dragging down the market-cap-weighted calculation.
Resilient estimates are also encouraging. Since April 15, the 2019 consensus estimate for S&P 500 earnings per share has risen slightly to $168 (a 4% year-over-year increase). We consider that a win given that estimates typically fall during earnings season.
“Escalating trade uncertainty and the threat of more tariffs are huge wild cards for corporate profits,” said LPL Chief Investment Strategist John Lynch. “We are hopeful that significant progress can be made on the trade front next month, when President Trump and China’s President Xi are expected to meet at the G20 summit. A prolonged impasse that lasts through the summer would make mid-single-digit earnings growth difficult to achieve in 2019.”
Our base case remains that we will get a trade deal with China early this summer and consensus expectations for 3–4% earnings growth may prove to be conservative. Earnings are hardly booming, but with a continued economic expansion, low inflation, and low interest rates, we see enough earnings growth ahead to push stocks up to our year-end S&P 500 fair value target of 3,000—though it probably won’t get there in a straight line.

Pre-election Year June: Tech and Small-caps Best

June has shone brighter on NASDAQ stocks over the last 48 years as a rule ranking eighth with a 0.6% average gain, up 26 of 48 years. This contributes to NASDAQ’s “Best Eight Months” which ends in June. June ranks near the bottom on the Dow Jones Industrials just above September since 1950 with an average loss of 0.3%. S&P 500 performs similarly poorly, ranking tenth, but essentially flat (–0.02% average). Small caps also tend to fare well in June. Russell 2000 has averaged 0.6% in the month since 1979.
In pre-election years since 1950, June ranks no better than mid-pack. June is the #8 DJIA month in pre-election years averaging a 0.8% gain with a record of nine advances in seventeen years. For S&P 500, June is #5 with an average gain of 1.2% (10-7 record). Pre-election year June ranks #6 for NASDAQ and #7 for Russell 2000 with average gains of 1.9% and 1.1% respectively. Recent pre-election year Junes in 2015, 2011 and 2007 were troublesome for the market as DJIA, S&P 500 and NASDAQ all declined (Russell 2000 eked out a modest gain in 2015).
(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for May 24th, 2019

(CLICK HERE FOR THE YOUTUBE VIDEO!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 05.26.19

(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $NIO
  • $MOMO
  • $GOOS
  • $COST
  • $PANW
  • $ZS
  • $OKTA
  • $WDAY
  • $NTNX
  • $ULTA
  • $DKS
  • $VEEV
  • $ANF
  • $BZUN
  • $DG
  • $DLTR
  • $BNS
  • $YY
  • $MRVL
  • $ASND
  • $CSIQ
  • $CPRI
  • $BAH
  • $BURL
  • $VMW
  • $AMWD
  • $KEYS
  • $ZUO
  • $BMO
  • $PLAN
  • $JT
  • $HEI
  • $GPS
  • $NXGN
  • $PVH
  • $QTNT
  • $NM
  • $EXPR
  • $SAFM
  • $BITA
  • $CMCO
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 5.27.19 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Monday 5.27.19 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Tuesday 5.28.19 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 5.28.19 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

NIO Inc. $3.86

NIO Inc. (NIO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat The company's guidance was for revenue of $202.00 million to $220.00 million. Short interest has increased by 127.4% since the company's last earnings release while the stock has drifted lower by 53.3% from its open following the earnings release. On Friday, May 17, 2019 there was some notable buying of 20,289 contracts of the $4.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 16.5% move on earnings and the stock has averaged a 12.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Momo Inc. $26.02

Momo Inc. (MOMO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.54 per share on revenue of $533.07 million and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of $529.00 million to $544.00 million. Consensus estimates are for earnings to decline year-over-year by 21.74% with revenue increasing by 22.51%. Short interest has decreased by 3.1% since the company's last earnings release while the stock has drifted lower by 27.9% from its open following the earnings release to be 25.6% below its 200 day moving average of $34.98. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 10, 2019 there was some notable buying of 2,208 contracts of the $30.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 13.3% move on earnings and the stock has averaged a 13.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Canada Goose Holdings Inc. $47.89

Canada Goose Holdings Inc. (GOOS) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $0.02 per share on revenue of $118.39 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 71.43% with revenue increasing by 19.86%. Short interest has increased by 24.8% since the company's last earnings release while the stock has drifted lower by 19.9% from its open following the earnings release to be 18.7% below its 200 day moving average of $58.93. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 11.1% move on earnings and the stock has averaged a 15.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Costco Wholesale Corp. $247.30

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $1.83 per share on revenue of $34.80 billion and the Earnings Whisper ® number is $1.84 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.65% with revenue increasing by 7.54%. Short interest has decreased by 2.4% since the company's last earnings release while the stock has drifted higher by 9.7% from its open following the earnings release to be 9.2% above its 200 day moving average of $226.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, May 14, 2019 there was some notable buying of 3,428 contracts of the $250.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Palo Alto Networks, Inc. $216.26

Palo Alto Networks, Inc. (PANW) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $1.25 per share on revenue of $703.44 million and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat The company's guidance was for earnings of $1.23 to $1.25 per share on revenue of $697.00 million to $707.00 million. Consensus estimates are for year-over-year earnings growth of 20.19% with revenue increasing by 24.04%. Short interest has decreased by 8.1% since the company's last earnings release while the stock has drifted lower by 16.2% from its open following the earnings release to be 1.2% above its 200 day moving average of $213.65. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, May 16, 2019 there was some notable buying of 1,160 contracts of the $237.50 call expiring on Friday, June 7, 2019. Option traders are pricing in a 8.4% move on earnings.

(CLICK HERE FOR THE CHART!)

Zscaler, Inc. $73.76

Zscaler, Inc. (ZS) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $0.01 per share on revenue of $74.54 million and the Earnings Whisper ® number is $0.03 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat The company's guidance was for earnings of approximately $0.01 per share on revenue of $74.00 million to $75.00 million. Consensus estimates are for year-over-year earnings growth of 116.67% with revenue increasing by 51.62%. Short interest has decreased by 8.0% since the company's last earnings release while the stock has drifted higher by 28.3% from its open following the earnings release to be 50.6% above its 200 day moving average of $48.98. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, May 20, 2019 there was some notable buying of 1,380 contracts of the $72.50 put expiring on Friday, June 7, 2019. Option traders are pricing in a 13.6% move on earnings and the stock has averaged a 16.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Okta, Inc. $109.63

Okta, Inc. (OKTA) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.21 per share on revenue of $116.66 million and the Earnings Whisper ® number is ($0.17) per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for a loss of $0.22 to $0.21 per share on revenue of $116.00 million to $117.00 million. Consensus estimates are for earnings to decline year-over-year by 133.33% with revenue increasing by 39.51%. Short interest has increased by 33.4% since the company's last earnings release while the stock has drifted higher by 46.6% from its open following the earnings release to be 48.1% above its 200 day moving average of $74.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 21, 2019 there was some notable buying of 1,003 contracts of the $90.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 10.9% move on earnings and the stock has averaged a 8.4% move in recent quarters.

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Workday, Inc. $210.72

Workday, Inc. (WDAY) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.41 per share on revenue of $814.68 million and the Earnings Whisper ® number is $0.44 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat The company's guidance was for revenue of $812.00 million to $814.00 million. Consensus estimates are for year-over-year earnings growth of 7.89% with revenue increasing by 31.69%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 5.4% from its open following the earnings release to be 27.6% above its 200 day moving average of $165.20. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, May 23, 2019 there was some notable buying of 1,587 contracts of the $235.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 7.8% move on earnings and the stock has averaged a 25.2% move in recent quarters.

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Nutanix, Inc. $35.14

Nutanix, Inc. (NTNX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.60 per share on revenue of $296.48 million and the Earnings Whisper ® number is ($0.58) per share. Investor sentiment going into the company's earnings release has 40% expecting an earnings beat The company's guidance was for a loss of approximately $0.60 per share on revenue of $290.00 million to $300.00 million. Consensus estimates are for earnings to decline year-over-year by 185.71% with revenue increasing by 2.44%. Short interest has increased by 59.1% since the company's last earnings release while the stock has drifted lower by 4.4% from its open following the earnings release to be 20.5% below its 200 day moving average of $44.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, May 15, 2019 there was some notable buying of 5,000 contracts of the $40.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 15.3% move on earnings and the stock has averaged a 11.3% move in recent quarters.

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ULTA Beauty $335.09

ULTA Beauty (ULTA) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $3.06 per share on revenue of $1.74 billion and the Earnings Whisper ® number is $3.10 per share. Investor sentiment going into the company's earnings release has 87% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.35% with revenue increasing by 12.72%. Short interest has increased by 16.3% since the company's last earnings release while the stock has drifted higher by 2.2% from its open following the earnings release to be 14.1% above its 200 day moving average of $293.81. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 6.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week ahead?
I hope you all have a fantastic Memorial Day weekend with family and friends, and a great trading week ahead wallstreetbets! :)
submitted by bigbear0083 to wallstreetbets [link] [comments]

CRYPTOCURRENCY BITCOIN

CRYPTOCURRENCY BITCOIN
Bitcoin Table of contents expand: 1. What is Bitcoin? 2. Understanding Bitcoin 3. How Bitcoin Works 4. What's a Bitcoin Worth? 5. How Bitcoin Began 6. Who Invented Bitcoin? 7. Before Satoshi 8. Why Is Satoshi Anonymous? 9. The Suspects 10. Can Satoshi's Identity Be Proven? 11. Receiving Bitcoins As Payment 12. Working For Bitcoins 13. Bitcoin From Interest Payments 14. Bitcoins From Gambling 15. Investing in Bitcoins 16. Risks of Bitcoin Investing 17. Bitcoin Regulatory Risk 18. Security Risk of Bitcoins 19. Insurance Risk 20. Risk of Bitcoin Fraud 21. Market Risk 22. Bitcoin's Tax Risk What is Bitcoin?
Bitcoin is a digital currency created in January 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity is yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.
There are no physical bitcoins, only balances kept on a public ledger in the cloud, that – along with all Bitcoin transactions – is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin charts high on popularity, and has triggered the launch of other virtual currencies collectively referred to as Altcoins.
Understanding Bitcoin Bitcoin is a type of cryptocurrency: Balances are kept using public and private "keys," which are long strings of numbers and letters linked through the mathematical encryption algorithm that was used to create them. The public key (comparable to a bank account number) serves as the address which is published to the world and to which others may send bitcoins. The private key (comparable to an ATM PIN) is meant to be a guarded secret and only used to authorize Bitcoin transmissions. Style notes: According to the official Bitcoin Foundation, the word "Bitcoin" is capitalized in the context of referring to the entity or concept, whereas "bitcoin" is written in the lower case when referring to a quantity of the currency (e.g. "I traded 20 bitcoin") or the units themselves. The plural form can be either "bitcoin" or "bitcoins."
How Bitcoin Works Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places. Bitcoin mining is the process through which bitcoins are released to come into circulation. Basically, it involves solving a computationally difficult puzzle to discover a new block, which is added to the blockchain and receiving a reward in the form of a few bitcoins. The block reward was 50 new bitcoins in 2009; it decreases every four years. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases. The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of February 2019, the mining difficulty is over 6.06 billion. Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use faster hardware like Application-Specific Integrated Circuits (ASIC), more advanced processing units like Graphic Processing Units (GPUs), etc.
What's a Bitcoin Worth? In 2017 alone, the price of Bitcoin rose from a little under $1,000 at the beginning of the year to close to $19,000, ending the year more than 1,400% higher. Bitcoin's price is also quite dependent on the size of its mining network since the larger the network is, the more difficult – and thus more costly – it is to produce new bitcoins. As a result, the price of bitcoin has to increase as its cost of production also rises. The Bitcoin mining network's aggregate power has more than tripled over the past twelve months.
How Bitcoin Began
Aug. 18, 2008: The domain name bitcoin.org is registered. Today, at least, this domain is "WhoisGuard Protected," meaning the identity of the person who registered it is not public information.
Oct. 31, 2008: Someone using the name Satoshi Nakamoto makes an announcement on The Cryptography Mailing list at metzdowd.com: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. The paper is available at http://www.bitcoin.org/bitcoin.pdf." This link leads to the now-famous white paper published on bitcoin.org entitled "Bitcoin: A Peer-to-Peer Electronic Cash System." This paper would become the Magna Carta for how Bitcoin operates today.
Jan. 3, 2009: The first Bitcoin block is mined, Block 0. This is also known as the "genesis block" and contains the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks," perhaps as proof that the block was mined on or after that date, and perhaps also as relevant political commentary.
Jan. 8, 2009: The first version of the Bitcoin software is announced on The Cryptography Mailing list.
Jan. 9, 2009: Block 1 is mined, and Bitcoin mining commences in earnest.
Who Invented Bitcoin?
No one knows. Not conclusively, at any rate. Satoshi Nakamoto is the name associated with the person or group of people who released the original Bitcoin white paper in 2008 and worked on the original Bitcoin software that was released in 2009. The Bitcoin protocol requires users to enter a birthday upon signup, and we know that an individual named Satoshi Nakamoto registered and put down April 5 as a birth date. And that's about it.
Before Satoshi
Though it is tempting to believe the media's spin that Satoshi Nakamoto is a solitary, quixotic genius who created Bitcoin out of thin air, such innovations do not happen in a vacuum. All major scientific discoveries, no matter how original-seeming, were built on previously existing research. There are precursors to Bitcoin: Adam Back’s Hashcash, invented in 1997, and subsequently Wei Dai’s b-money, Nick Szabo’s bit gold and Hal Finney’s Reusable Proof of Work. The Bitcoin white paper itself cites Hashcash and b-money, as well as various other works spanning several research fields.
Why Is Satoshi Anonymous?
There are two primary motivations for keeping Bitcoin's inventor keeping his or her or their identity secret. One is privacy. As Bitcoin has gained in popularity – becoming something of a worldwide phenomenon – Satoshi Nakamoto would likely garner a lot of attention from the media and from governments.
The other reason is safety. Looking at 2009 alone, 32,489 blocks were mined; at the then-reward rate of 50 BTC per block, the total payout in 2009 was 1,624,500 BTC, which at today’s prices is over $900 million. One may conclude that only Satoshi and perhaps a few other people were mining through 2009 and that they possess a majority of that $900 million worth of BTC. Someone in possession of that much BTC could become a target of criminals, especially since bitcoins are less like stocks and more like cash, where the private keys needed to authorize spending could be printed out and literally kept under a mattress. While it's likely the inventor of Bitcoin would take precautions to make any extortion-induced transfers traceable, remaining anonymous is a good way for Satoshi to limit exposure.
The Suspects
Numerous people have been suggested as possible Satoshi Nakamoto by major media outlets. Oct. 10, 2011, The New Yorker published an article speculating that Nakamoto might be Irish cryptography student Michael Clear or economic sociologist Vili Lehdonvirta. A day later, Fast Company suggested that Nakamoto could be a group of three people – Neal King, Vladimir Oksman and Charles Bry – who together appear on a patent related to secure communications that were filed two months before bitcoin.org was registered. A Vice article published in May 2013 added more suspects to the list, including Gavin Andresen, the Bitcoin project’s lead developer; Jed McCaleb, co-founder of now-defunct Bitcoin exchange Mt. Gox; and famed Japanese mathematician Shinichi Mochizuki.
In December 2013, Techcrunch published an interview with researcher Skye Grey who claimed textual analysis of published writings shows a link between Satoshi and bit-gold creator Nick Szabo. And perhaps most famously, in March 2014, Newsweek ran a cover article claiming that Satoshi is actually an individual named Satoshi Nakamoto – a 64-year-old Japanese-American engineer living in California. The list of suspects is long, and all the individuals deny being Satoshi.
Can Satoshi's Identity Be Proven?
It would seem even early collaborators on the project don’t have verifiable proof of Satoshi’s identity. To reveal conclusively who Satoshi Nakamoto is, a definitive link would need to be made between his/her activity with Bitcoin and his/her identity. That could come in the form of linking the party behind the domain registration of bitcoin.org, email and forum accounts used by Satoshi Nakamoto, or ownership of some portion of the earliest mined bitcoins. Even though the bitcoins Satoshi likely possesses are traceable on the blockchain, it seems he/she has yet to cash them out in a way that reveals his/her identity. If Satoshi were to move his/her bitcoins to an exchange today, this might attract attention, but it seems unlikely that a well-funded and successful exchange would betray a customer's privacy.
Receiving Bitcoins As Payment
Bitcoins can be accepted as a means of payment for products sold or services provided. If you have a brick and mortar store, just display a sign saying “Bitcoin Accepted Here” and many of your customers may well take you up on it; the transactions can be handled with the requisite hardware terminal or wallet address through QR codes and touch screen apps. An online business can easily accept bitcoins by just adding this payment option to the others it offers, like credit cards, PayPal, etc. Online payments will require a Bitcoin merchant tool (an external processor like Coinbase or BitPay).
Working For Bitcoins
Those who are self-employed can get paid for a job in bitcoins. There are several websites/job boards which are dedicated to the digital currency:
Work For Bitcoin brings together work seekers and prospective employers through its websiteCoinality features jobs – freelance, part-time and full-time – that offer payment in bitcoins, as well as Dogecoin and LitecoinJobs4Bitcoins, part of reddit.comBitGigs
Bitcoin From Interest Payments
Another interesting way (literally) to earn bitcoins is by lending them out and being repaid in the currency. Lending can take three forms – direct lending to someone you know; through a website which facilitates peer-to-peer transactions, pairing borrowers and lenders; or depositing bitcoins in a virtual bank that offers a certain interest rate for Bitcoin accounts. Some such sites are Bitbond, BitLendingClub, and BTCjam. Obviously, you should do due diligence on any third-party site.
Bitcoins From Gambling
It’s possible to play at casinos that cater to Bitcoin aficionados, with options like online lotteries, jackpots, spread betting, and other games. Of course, the pros and cons and risks that apply to any sort of gambling and betting endeavors are in force here too.
Investing in Bitcoins
There are many Bitcoin supporters who believe that digital currency is the future. Those who endorse it are of the view that it facilitates a much faster, no-fee payment system for transactions across the globe. Although it is not itself any backed by any government or central bank, bitcoin can be exchanged for traditional currencies; in fact, its exchange rate against the dollar attracts potential investors and traders interested in currency plays. Indeed, one of the primary reasons for the growth of digital currencies like Bitcoin is that they can act as an alternative to national fiat money and traditional commodities like gold.
In March 2014, the IRS stated that all virtual currencies, including bitcoins, would be taxed as property rather than currency. Gains or losses from bitcoins held as capital will be realized as capital gains or losses, while bitcoins held as inventory will incur ordinary gains or losses.
Like any other asset, the principle of buying low and selling high applies to bitcoins. The most popular way of amassing the currency is through buying on a Bitcoin exchange, but there are many other ways to earn and own bitcoins. Here are a few options which Bitcoin enthusiasts can explore.
Risks of Bitcoin Investing
Though Bitcoin was not designed as a normal equity investment (no shares have been issued), some speculative investors were drawn to the digital money after it appreciated rapidly in May 2011 and again in November 2013. Thus, many people purchase bitcoin for its investment value rather than as a medium of exchange.
However, their lack of guaranteed value and digital nature means the purchase and use of bitcoins carries several inherent risks. Many investor alerts have been issued by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the Consumer Financial Protection Bureau (CFPB), and other agencies.
The concept of a virtual currency is still novel and, compared to traditional investments, Bitcoin doesn't have much of a long-term track record or history of credibility to back it. With their increasing use, bitcoins are becoming less experimental every day, of course; still, after eight years, they (like all digital currencies) remain in a development phase, still evolving. "It is pretty much the highest-risk, highest-return investment that you can possibly make,” says Barry Silbert, CEO of Digital Currency Group, which builds and invests in Bitcoin and blockchain companies.
Bitcoin Regulatory Risk
Investing money into Bitcoin in any of its many guises is not for the risk-averse. Bitcoins are a rival to government currency and may be used for black market transactions, money laundering, illegal activities or tax evasion. As a result, governments may seek to regulate, restrict or ban the use and sale of bitcoins, and some already have. Others are coming up with various rules. For example, in 2015, the New York State Department of Financial Services finalized regulations that would require companies dealing with the buy, sell, transfer or storage of bitcoins to record the identity of customers, have a compliance officer and maintain capital reserves. The transactions worth $10,000 or more will have to be recorded and reported.
Although more agencies will follow suit, issuing rules and guidelines, the lack of uniform regulations about bitcoins (and other virtual currency) raises questions over their longevity, liquidity, and universality.
Security Risk of Bitcoins
Bitcoin exchanges are entirely digital and, as with any virtual system, are at risk from hackers, malware and operational glitches. If a thief gains access to a Bitcoin owner's computer hard drive and steals his private encryption key, he could transfer the stolen Bitcoins to another account. (Users can prevent this only if bitcoins are stored on a computer which is not connected to the internet, or else by choosing to use a paper wallet – printing out the Bitcoin private keys and addresses, and not keeping them on a computer at all.) Hackers can also target Bitcoin exchanges, gaining access to thousands of accounts and digital wallets where bitcoins are stored. One especially notorious hacking incident took place in 2014, when Mt. Gox, a Bitcoin exchange in Japan, was forced to close down after millions of dollars worth of bitcoins were stolen.
This is particularly problematic once you remember that all Bitcoin transactions are permanent and irreversible. It's like dealing with cash: Any transaction carried out with bitcoins can only be reversed if the person who has received them refunds them. There is no third party or a payment processor, as in the case of a debit or credit card – hence, no source of protection or appeal if there is a problem.
Insurance Risk
Some investments are insured through the Securities Investor Protection Corporation. Normal bank accounts are insured through the Federal Deposit Insurance Corporation (FDIC) up to a certain amount depending on the jurisdiction. Bitcoin exchanges and Bitcoin accounts are not insured by any type of federal or government program.
Risk of Bitcoin Fraud
While Bitcoin uses private key encryption to verify owners and register transactions, fraudsters and scammers may attempt to sell false bitcoins. For instance, in July 2013, the SEC brought legal action against an operator of a Bitcoin-related Ponzi scheme.
Market Risk
Like with any investment, Bitcoin values can fluctuate. Indeed, the value of the currency has seen wild swings in price over its short existence. Subject to high volume buying and selling on exchanges, it has a high sensitivity to “news." According to the CFPB, the price of bitcoins fell by 61% in a single day in 2013, while the one-day price drop in 2014 has been as big as 80%.
If fewer people begin to accept Bitcoin as a currency, these digital units may lose value and could become worthless. There is already plenty of competition, and though Bitcoin has a huge lead over the other 100-odd digital currencies that have sprung up, thanks to its brand recognition and venture capital money, a technological break-through in the form of a better virtual coin is always a threat.
Bitcoin's Tax Risk
As bitcoin is ineligible to be included in any tax-advantaged retirement accounts, there are no good, legal options to shield investments from taxation.
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Related Terms
Satoshi
The satoshi is the smallest unit of the bitcoin cryptocurrency. It is named after Satoshi Nakamoto, the creator of the protocol used in block chains and the bitcoin cryptocurrency.
Chartalism Chartalism is a non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Satoshi Nakamoto The name used by the unknown creator of the protocol used in the bitcoin cryptocurrency. Satoshi Nakamoto is closely-associated with blockchain technology.
Bitcoin Mining, Explained Breaking down everything you need to know about Bitcoin Mining, from Blockchain and Block Rewards to Proof-of-Work and Mining Pools.
Understanding Bitcoin Unlimited Bitcoin Unlimited is a proposed upgrade to Bitcoin Core that allows larger block sizes. The upgrade is designed to improve transaction speed through scale.
Blockchain Explained
A guide to help you understand what blockchain is and how it can be used by industries. You've probably encountered a definition like this: “blockchain is a distributed, decentralized, public ledger." But blockchain is easier to understand than it sounds.
Top 6 Books to Learn About Bitcoin About UsAdvertiseContactPrivacy PolicyTerms of UseCareers Investopedia is part of the Dotdash publishing family.The Balance Lifewire TripSavvy The Spruceand more
By Satoshi Nakamoto
Read it once, go read other crypto stuff, read it again… keep doing this until the whole document makes sense. It’ll take a while, but you’ll get there. This is the original whitepaper introducing and explaining Bitcoin, and there’s really nothing better out there to understand on the subject.
“What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party

submitted by adrian_morrison to BlockchainNews [link] [comments]

Wayland Group DD

I want to use this thread to present the key findings of going through recent Wayland news releases. Everything shown here is public accessible. I have no intention to accuse someone of fraud or something like this, just asking questions ....

Feb 20 2019: Wayland Group Provides Corporate Update
I do not want to speak about the well below average generated revenues nor the revenue forecasts. Just as a side note: Ben had a forecast of ~ $15,000,000 for Q4 2018 (October – December 2018). The corporate update states $1,305,033 for Q4 2018 (< 10 percentage of the forecast). In addition, you cannot whitewash the 480% increase to the previous quarter.

“Wayland has also entered into an agreement to obtain additional funds to support the expansion of the Company’s global footprint and fund development of its flagship Langton facility. This agreement is with certain investment funds managed by Alpha Blue Ocean Inc. (“Alpha Blue”) a money manager based in London, United Kingdom with a strong track record of partnering with public companies and delivering meaningful value to their shareholders.”

Founder and CEO of Alpha Blue Ocean Inc. is Pierre Vannineuse (https://www.linkedin.com/in/piervan/)

Ok let’s have a look at their strong track record:

JUN 21 2018
QuickCool AB (Publ) ("QuickCool" or the "Company") has entered into a financing agreement with European High Growth Opportunities Securitization Fund through its financial advisor Alpha Blue Ocean Inc.
See: http://news.cision.com/quickcool/quickcool-ab-enters-into-a-financing-agreement-with-european-high-growth-opportunities-securitizatio,c2554476

See performance since financing: https://i.imgur.com/j7HxzPk.png

Okay next
MAR 28 2018: CybAero and European High Growth Opportunities Securitization Fund (“EHGO”), advised by Alpha Blue Ocean Advisors Ltd, member of the Alpha Blue Ocean Investment Group (“ABO”), has now signed an agreement regarding a financing solution of up to SEK 52.5 million in the form of thirteen convertible loans, the first loan of SEK 4.5 million and the following twelve loans each of SEK 4 million.
See: http://news.cision.com/cybaero/cybaero-signs-agreement-with-alpha-blue-ocean-for-up-to-sek-52-5-million,c2483046

Seriously? Just 3 months later:
June 22 2018: Sweden’s largest military drone maker files for bankruptcy
“CybAero had provisionally negotiated a financing solution with the Luxembourg-based European High Growth Opportunities Securitization Fund, or EHGO, to raise $6 million in the form of 13 convertible loans. The EHGO had hired the London-based Alpha Blue Ocean Advisors to mediate a deal. The first tranche in this solution involved a bridge loan amounting to $227,000.
Nasdaq First North rejected this first tranche arrangement and insisted that, in order for trading in its share to resume, CybAero needed to place a minimum of $114,000 in escrow on a authorized bank account. Moreover, Nasdaq First North launched an investigation to determine if the negotiated financing solution violated stock exchange rules.”
See: https://www.defensenews.com/newsletters/unmanned-systems/2018/06/22/swedens-largest-military-drone-maker-files-for-bankruptcy/

Also see: https://simplywall.st/stocks/se/capital-goods/sto-cba/cybaero-shares/news/will-you-be-burnt-by-cybaero-abs-stocba-cash-burn/

Okay next
Feb 20 2018: MOLOGEN AG enters into financing agreement with Alpha Blue Ocean's European High Growth Opportunities Securitization Fund
See: https://www.dgap.de/dgap/News/corporate/mologen-enters-into-financing-agreement-with-alpha-blue-oceans-european-high-growth-opportunities-securitization-fund/?newsID=1053753

See performance since financing: https://i.imgur.com/JXVJ7yq.png

Okay next
19 March 2018: Cereno Scientific enters into a financing agreement with European High Growth Opportunities Securitization Fund through its advisor Alpha Blue Ocean
See: https://www.cerenoscientific.se/en/en/ehgo_agreement

See performance since financing: https://i.imgur.com/CS7rq5y.png

Okay next
10 Jan 2018: FIT Biotech's EUR 10 million financing agreements' share loan and first part of commitment fee related shares have been handed over today to Alpha Blue Ocean
See: https://www.pm360online.com/fit-biotech-oy-fit-biotechs-eur-10-million-financing-agreements-share-loan-and-first-part-of-commitment-fee-related-shares-have-been-handed-over-today-to-alpha-blue-ocean/

See performance since financing: https://i.imgur.com/N0XhSQp.png

FIT Biotech Oy Company release 20.02.2019 at 14:30 EET
Liquidity crisis, request for a tranche and changes to financial calendar and date of the Annual General Meeting
Despite the financing agreement in force, Alpha Blue Ocean (”ABO”) has not paid tranches envisaged by the agreement since 12 November 2018. This has resulted in a liquidity crisis in FIT Biotech Oy (”Company”). The Company has today filed a latest request for a tranche with ABO. Unless ABO pays this tranche by 22 February 2019, Company will have to file for bankruptcy.
See: https://www.marketscreener.com/FIT-BIOTECH-OY-22752983/news/FIT-Biotech-Oy-Liquidity-crisis-request-for-a-tranche-and-changes-to-financial-calendar-and-date-o-28037452/

I think you are able to recognize the pattern. However the best is yet to come. Just google “alpha blue ocean death spiral”. Same type of financing for Element ASA – a Norwegian based mining company.

“The Induct Manager will demand a million dollar compensation from the "Death Spiral Mortgage Company" Alpha Blue Ocean Stock Exchange and Finance”
See: https://vaaju.com/norway/the-induct-manager-will-demand-a-million-dollar-compensation-from-the-death-spiral-mortgage-company-alpha-blue-ocean-stock-exchange-and-finance/

Why Would a Company Want Death Spiral Financing?
“A company that seeks death spiral financing basically has no other option to raise money to survive.”
See: https://www.investopedia.com/terms/d/deathspiral.asp

See also:


Biotech Firms Run Away After Industry Party With Topless Dancers
See: https://www.bloombergquint.com/business/after-biotech-party-features-topless-dancers-firms-pull-support#gs.RO9Bf8oK

https://i.imgur.com/oQ4n3TC.png
Haha … Sean?

Also have a look after Pierre Vannineuse other investing company Bracknor IG. I did not check, but it possibly has a similar track record.

I could go on like this, but I think you got it. So this means “strong track record and delivering meaningful value to their shareholders.” for Ben?

Next news release:
Feb. 07, 2019: Wayland Group Receives EU-GMP Certification for German Facility
“Wayland Group is pleased to announce that it has received both Good Manufacturing Practices and Good Distribution Practices certifications from the national authority in the State of Saxony for the Company’s Ebersbach facility in Germany.”
See: https://globenewswire.com/news-release/2019/02/07/1711837/0/en/Wayland-Group-Receives-EU-GMP-Certification-for-German-Facility.html

Welcome to EudraGMDP
EudraGMDP is the name for the Union database referred to in article 111(6) of Directive 2001/83/EC and article 80(6) of Directive 2001/82/EC. It contains the following information:
· Manufacturing and import authorisations
· Good Manufacturing Practice (GMP) certificates.
· Statements of non-compliance with GMP
· GMP inspection planning in third countries
See: http://eudragmdp.ema.europa.eu/inspections/displayWelcome.do

https://i.imgur.com/W2zdxqH.png

Looks promising

https://i.imgur.com/c6yVRxu.png

SCOPE OF AUTHORISATION
Name and address of the site : Maricann GmbH, Moritzburger Weg 1, Ebersbach OT Naunhof, Sachsen, 01561, Germany
Human Medicinal Products
Authorised Operations
IMPORTATION OF MEDICINAL PRODUCTS (according to part 2)
Part 2 - IMPORTATION OF MEDICINAL PRODUCTS
2.3 Other importation activities
2.3.1 Site of physical importation
2.3.2 Importation of intermediate which undergoes further processing

But where is the GMP certificate? Latest GMP certificates for Germany:

https://i.imgur.com/bZxouN0.png
https://i.imgur.com/ZOlvlwo.png

Just for their facility in Canada. Maybe the missing of the announced GMP certificate is because of the german tender process. Maybe not, who knows …

“These certifications provide Wayland with the foundation to start selling product into the lucrative German and other developing European markets …”

Oh really? Not in my view …

Next news release:
Jan. 31, 2019: Wayland Group Comments on Recent Promotional Market Activity

“Since September 1, 2017 the Company has engaged MJM Markets and Consulting (Toronto, Canada; Follow The Money Investor Group, o/a 2632436 Ontario Limited (Toronto, Canada); Harbor Access LLC (NY, USA); Investing News Network; M. Davis & Associates Capital Inc (Vancouver, Canada); ERPR AS (Oslo, Norway); BlackX GmbH (Germany); Tycona Media (Vancouver, Canada); DiePRBerator (Germany); Global Financial Network (Toronto, Canada), and Prosdocimi (London, UK) at various times to provide investor relations services, public relations services, marketing, native advertising or other related services including the promotion of the Company, its business and/or its securities.”

See: https://globenewswire.com/news-release/2019/01/31/1708838/0/en/Wayland-Group-Comments-on-Recent-Promotional-Market-Activity.html

Really? What is your business model @ Wayland?!

Just to give you one example:

BlackX GmbH received 1,300,000 shares (each $1.50 = $1,950,000) for the creation/translation of pump articles. See: https://webfiles.thecse.com/CSE_Form_9_-_Notice_of_Issuance_of_Securities_BlackX_12Nov2018.pdf?4gdPoHHl03IN_5qafloB2.0FP4zHeqYb=

For what exactly? Example:
https://www.dgap.de/dgap/News/dgap_media/maricann-group-inc-mit-volldampf-die-zukunft-ceo-ben-ward-gibt-ausblick-ueber-hervorragende-entwicklung-der-wayland-group/?newsID=1110809

A template lacking in content with share price predictions of 3 to 5 Euro (4.5 – 7.5 CAD).

Next news release:
Jan 30 2019: Wayland Group Corporation: European Cannabis Giant Wayland is said to be in advanced talks to purchase and re-open the Voss Water bottling plant in Norway
See: https://www.ftmig.com/company-news-releases/european-cannabis-giant-wayland-is-said-to-be-in-advanced-talks-to-purchase-and-re-open-the-voss-water-bottling-plant-in-norway/

The not named London based Norwegian investor in the last paragraph is probably Lars Christian Beitnes (also mentioned in the second paragraph). After reading his name in a Wayland press release again, I got excited. Again? Yes, I have done some DD about Beitnes when Wayland announced the first Malta LOI with Medican Holdings (USD$10.1MM for a recently created shell company in Malta) - see: https://www.newcannabisventures.com/maricann-to-pay-10-million-to-acquire-malta-licensed-cannabis-producer-medican-holdings/

I was glad when Malta Enterprise terminated this LOI “Malta Enterprise then contacted Maricann to request the Company make its own application, as their preference was to work through Maricann rather than Medican.“ – see: https://www.newcannabisventures.com/maricann-to-pursue-malta-medical-cannabis-license-independently/

Why am I shocked to see the name Beitnes and Wayland in a press release?
In my view Beitnes is far away from being a person you should do deals with. He is being accused to be part of several frauds/scams in the past/present and recently left as a Chairmen of Element ASA – see: https://www.dn.no/bors/element/lars-christian-beitnes/rikard-storvestre/avtroppende-styreleder-far-100000-kroner-i-maneden-for-radgivning/2-1-498862

Element ASA … wait … yea the norwegian based mining company who is the victim of the death spiral financing by Alpha Blue Ocean Inc.!!!

There is a long thread about him in a Norwegian stock community with everything mentioned why you should avoid him – see: https://forum.hegnar.no/thread/16282/view/0/0?page=1

Because of the length of the thread, see some highlights:

I know this is much content, but if you want to make your own picture of Beitnes just dig into this whole Element ASA debacle starting last year. Two auditors (EY & PwC) and the CFO left Element … Then Beitnes left as Chairmen but now serving as external consultant for Element receiving 100.000 NOK monthly. https://www.dn.no/bors/element/lars-christian-beitnes/rikard-storvestre/avtroppende-styreleder-far-100000-kroner-i-maneden-for-radgivning/2-1-498862 would be a good start. Or dig deeper into the Swedish Pensions Authority lawsuit against Beitnes.

Finally … just ask yourself why does Ben deals with such shady persons? Did Ben no DD on those guys or did he not want to … And that is just the top of the iceberg.


TO BE CONTINUED
submitted by PHan222 to weedstocks [link] [comments]

Wall Street Week Ahead for the trading week beginning May 27th, 2019

Hey what's happening StockMarket! Good morning and happy Saturday to all of you on this subreddit. I hope everyone made out pretty nicely in the market this past week, and are ready for the new holiday-shortened trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning May 27th, 2019.

Trade and the economy have become the new roller coaster for markets - (Source)

Trade headlines could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and moves in the bond market, which is flashing new worries about the economy.
Stocks were on a roller coaster ride in the past week, as markets reacted to worsening trade tensions and concerns that negotiations could be prolonged, causing pain for the global economy. But the bond market’s move was perhaps even more dramatic, as yields, which move opposite of price, fell to levels last seen in 2017, and the futures market began to price in three Fed interest rate cuts by the end of next year.
“There’s not a lot of economic data next week, so events hang over us,” said Marc Chandler, chief global strategist at Bannockburn Global Forex. “It’s more about the evolution of old issues than new issues, like trade and Brexit.”
Brexit will continue to be a focus in global markets. U.K. Prime Minister Theresa May stepped aside Friday after failing to get agreement on a plan for the U.K. to leave the European Union. Chandler said investors will be watching the jockeying among candidates hoping to succeed Prime Minister May, with hard line Brexit proponent Boris Johnson expected to seek the job, among others.
As for trade, Chandler said it’s possible that President Donald Trump’s comments that Huawei could be part of a trade deal may be the start of a new approach by the administration to tone down its rhetoric. The telecom giant has been blacklisted by the U.S. and is expected to be denied access to U.S. components for its equipment.
“In some ways, it’s a headline problem. We think of it more as event risk,” said Nadine Terman, CEO and CIO at Solstein Capital. “China thinks in dynasties and U.S. investors seem to think in durations of days and months, so I think we are misunderstanding the duration of their negotiating strategy.”
She said the issues between the two countries go way beyond trade and extend to China’s military aspirations in the South China Sea and its global campaign of influence through the Belt and Road initiative, Chinese President Xi Jinping’s signature program.
“It’s now become more nationalistic, emotional, to say: ‘We’re going against the U.S. and we’ve got to be in it for the long haul.’ I don’t think you have the same emotion here in the U.S. You don’t have the same nationalistic pride to say ‘we have to fight China at all cost,’” she said.
In the past week, Wall Street increasingly began to expect the Trump administration to turn up the pressure on China with another wave of 25% tariffs on the $300 billion or so in goods remaining that have no tariffs. Those tariffs would directly hit American consumer goods and are expected to take a bigger bite out of the economy.
Fears of a trade war hurting global growth and concerns that the U.S. is already beginning to weaken were evident in the bond market. Treasury yields reflected lowered growth expectations. The 10-year hit a low of 2.29% on Thursday and was at 2.32% Friday.
J.P. Morgan economists Friday downgraded their view of the economy, slicing second quarter growth to just 1% from an earlier forecast of 2.25% and first quarter growth of 3.2%. The economists blamed weak U.S. manufacturing data and said risks were signs of weakness in the global economy and also indications that the trade war was hurting business sentiment.
“The concerns the markets have right now are that we’re moving towards a worst case scenario, and that could persist for quite some time,” said Mark Cabana, head of U.S. short rate strategy at Bank of America Merrill Lynch. “If that’s the case, then the market is believing economic data, and the Fed will likely need to respond to that by trying to offset and prevent a recession.”
The most important data point in the coming week will be Friday’s personal consumption expenditures, which includes the PCE deflator inflation data that the Fed monitors. It was at 1.6% year-over-year last month, and is expected to be the same for April, well below the Fed’s target of 2% inflation.
Inflation has become a key focus on Wall Street, particularly after Fed Chair Jerome Powell said low inflation appears to be transitory and not enough of a concern to make the Fed cut interest rates. Powell and other Fed officials have stressed the Fed is pausing in its rate hiking cycle, is monitoring the economy and does not yet know which way it will move next.
Solstein Capital’s Terman said she is watching the PCE inflation report to see if it confirms her view that inflation and the economy will be weaker this summer.
She also expects the markets to be choppy, and by late summer, around its annual Jackson Hole symposium, the Fed could indicate it could cut interest rates.
“People are going to start getting even more concerned this summer about the U.S.,” Terman said.
Terman said she has been positioned for lower inflation and slower GDP growth with key holdings in utilities, REITs, Treasurys and gold.
“What would do well this summer? Staples, utilities, health care, REITs. You want fixed income. You want to be underweight tech, energy, financials and industrials,” she said.
There is also home prices data Tuesday and advanced economic indicators Thursday. That comes in addition to a few earnings reports, including Costco, Ulta Beauty and Dollar General.
Markets will also be watching the outcome of European parliamentary elections, and if there is a strong showing by populists, there could be a negative impact on the euro and risk assets.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Sector Performance WTD, MTD, YTD:

(CLICK HERE FOR FRIDAY'S PERFORMANCE!)
(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART!)

S&P 500 Down Four Straight Day After Memorial Day

Our office will be closed for observance of Memorial Day on Monday, May 27. U.S stock and bond markets will also be closed. As you spend some quality time off with family and friends please take time to commemorate those who have paid the ultimate price while serving in the U.S. military.
For decades the Stock Trader’s Almanac has been tracking and monitoring the market’s performance around holidays. The trading day after Memorial Day has a mixed record going back to 1971. Both S&P 500 and NASDAQ have declined more often than risen on the day, but average performance is still positive. Since 1986, the frequency of gains has improved, and average performance has also risen however, over the last four years S&P 500 has declined. The second trading day after Memorial Day has since more advances than declines, but average performance is negative for NASDAQ. The third day after appears to have the best long- and short-term record combined with solid average performance.
(CLICK HERE FOR THE CHART!)

The Bespoke Report - It's All Relative

Hut, Hut, Cut! With weaker economic data to contend with this week on both a domestic and international basis, plus escalating tensions between the US and China, investors are increasingly pricing in a higher likelihood of rate cuts from the FOMC before the year is out. Through mid-day Friday, the Fed Fund futures market was pricing in over an 85% chance of a rate cut between now and the January 2020 meeting. Those are the kind of odds that would make James Holzhauer say "All in."
(CLICK HERE FOR THE CHART!)

Fed Members Side With “Transitory” Inflation

Investors just got more details on Federal Reserve (Fed) policymakers’ views of inflation.
Minutes of the Fed’s most recent meeting, which ended May 1, showed that “many participants” considered slowing consumer inflation as “transitory,” and agreed that the Fed’s current patient approach should help stoke economic growth and inflation. Policymakers’ optimistic view on inflation runs counter to a growing opinion in financial markets that slowing growth in core personal consumption expenditures (PCE) could warrant lower rates.
Markets think the grace period for a “transitory” excuse has passed, but data show it’s too soon to tell. Another measure of inflation, the Fed Bank of Dallas’s “trimmed mean” PCE measure, points to higher pricing pressures ahead. As shown in the LPL Chart of the Day, the trimmed mean PCE, which has proven to be a less volatile version of core PCE, has hit 2% year-over-year growth for the past several months.
(CLICK HERE FOR THE CHART!)
“It’s tough to make a case for lower rates with over 3% gross domestic product growth, healthy wage growth, and a labor market close to full employment,” said LPL Research Chief Investment Strategist John Lynch. “If consumer inflation picks up, the U.S. economy will be near full employment with healthy inflation across the board, fulfilling the Fed’s dual mandate.”
Of course, much has happened on the global front since the Fed’s last meeting. Trade tensions have flared up again, with the United States raising tariff rates on $200 billion of Chinese imports and threatening to increase rates on the remaining swath of goods. Logically, tariffs should be a catalyst for higher consumer inflation, as higher costs should boost price growth. However, the opposite has happened over the past few months, and there are several factors to consider when thinking about future inflation.
Overall, we don’t see a strong argument for a rate cut right now, and we side with the Fed in thinking consumer inflation could pick up as wage growth accelerates and growth stabilizes. At the very least, it’s becoming more obvious the Fed doesn’t have enough clarity to move policy in either direction.

Another Reason For Bulls To Smile

The S&P 500 Index has officially gained each of the first four months of the year for the first time since 2013. This comes on the heels of the best first quarter since 1998. Six straight months in green has been the best monthly win streak to start a year, and that last happened in 1996.
Starting a year with strength like this historically has been a good sign, even though stocks in May saw a nearly 5% correction.
“Although we wouldn’t be surprised to see continued volatility over the coming months, the good news is a great start to a year has had a funny way of eventually resolving higher,” explained LPL Senior Market Strategist Ryan Detrick. “In fact, the rest of the year has been higher an incredible 14 out of 15 times after the first four months were in the green!”
As our LPL Chart of the Day shows, the S&P 500 returns the rest of the year (final 8 months) have been more than twice as strong as the average year returns—10% versus 4.7%—following four straight monthly gains to kick off a new year. There’s always a catch though, and in this case we’ve seen an average pullback of more than 8% the rest of the year.
(CLICK HERE FOR THE CHART!)

Earnings Season Takeaways

We consider earnings season a success based on the amount of upside to prior estimates generated by S&P 500 Index companies despite several headwinds. Companies handily beat expectations to get first quarter earnings up to flat, as shown in the LPL Chart of the Day.
(CLICK HERE FOR THE CHART!)
When earnings season began in mid-April, consensus estimates called for a 4–5% drop in S&P 500 earnings, according to FactSet data. Beating results by this much is impressive considering persistent trade uncertainty and the drag on overseas profits from a strong U.S. dollar. Also consider that the median stock in the S&P 500 has grown earnings several percentage points faster because a few large companies are dragging down the market-cap-weighted calculation.
Resilient estimates are also encouraging. Since April 15, the 2019 consensus estimate for S&P 500 earnings per share has risen slightly to $168 (a 4% year-over-year increase). We consider that a win given that estimates typically fall during earnings season.
“Escalating trade uncertainty and the threat of more tariffs are huge wild cards for corporate profits,” said LPL Chief Investment Strategist John Lynch. “We are hopeful that significant progress can be made on the trade front next month, when President Trump and China’s President Xi are expected to meet at the G20 summit. A prolonged impasse that lasts through the summer would make mid-single-digit earnings growth difficult to achieve in 2019.”
Our base case remains that we will get a trade deal with China early this summer and consensus expectations for 3–4% earnings growth may prove to be conservative. Earnings are hardly booming, but with a continued economic expansion, low inflation, and low interest rates, we see enough earnings growth ahead to push stocks up to our year-end S&P 500 fair value target of 3,000—though it probably won’t get there in a straight line.

Pre-election Year June: Tech and Small-caps Best

June has shone brighter on NASDAQ stocks over the last 48 years as a rule ranking eighth with a 0.6% average gain, up 26 of 48 years. This contributes to NASDAQ’s “Best Eight Months” which ends in June. June ranks near the bottom on the Dow Jones Industrials just above September since 1950 with an average loss of 0.3%. S&P 500 performs similarly poorly, ranking tenth, but essentially flat (–0.02% average). Small caps also tend to fare well in June. Russell 2000 has averaged 0.6% in the month since 1979.
In pre-election years since 1950, June ranks no better than mid-pack. June is the #8 DJIA month in pre-election years averaging a 0.8% gain with a record of nine advances in seventeen years. For S&P 500, June is #5 with an average gain of 1.2% (10-7 record). Pre-election year June ranks #6 for NASDAQ and #7 for Russell 2000 with average gains of 1.9% and 1.1% respectively. Recent pre-election year Junes in 2015, 2011 and 2007 were troublesome for the market as DJIA, S&P 500 and NASDAQ all declined (Russell 2000 eked out a modest gain in 2015).
(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for May 24th, 2019

(CLICK HERE FOR THE YOUTUBE VIDEO!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 05.26.19

(CLICK HERE FOR THE YOUTUBE VIDEO!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $NIO
  • $MOMO
  • $GOOS
  • $COST
  • $PANW
  • $ZS
  • $OKTA
  • $WDAY
  • $NTNX
  • $ULTA
  • $DKS
  • $VEEV
  • $ANF
  • $BZUN
  • $DG
  • $DLTR
  • $BNS
  • $YY
  • $MRVL
  • $ASND
  • $CSIQ
  • $CPRI
  • $BAH
  • $BURL
  • $VMW
  • $AMWD
  • $KEYS
  • $ZUO
  • $BMO
  • $PLAN
  • $JT
  • $HEI
  • $GPS
  • $NXGN
  • $PVH
  • $QTNT
  • $NM
  • $EXPR
  • $SAFM
  • $BITA
  • $CMCO
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
(CLICK HERE FOR MOST ANTICIPATED EARNINGS RELEASES FOR THE NEXT 5 WEEKS!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 5.27.19 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Monday 5.27.19 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!)

Tuesday 5.28.19 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 5.28.19 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 5.29.19 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 5.30.19 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 5.31.19 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
NONE.

NIO Inc. $3.86

NIO Inc. (NIO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat The company's guidance was for revenue of $202.00 million to $220.00 million. Short interest has increased by 127.4% since the company's last earnings release while the stock has drifted lower by 53.3% from its open following the earnings release. On Friday, May 17, 2019 there was some notable buying of 20,289 contracts of the $4.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 16.5% move on earnings and the stock has averaged a 12.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Momo Inc. $26.02

Momo Inc. (MOMO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.54 per share on revenue of $533.07 million and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of $529.00 million to $544.00 million. Consensus estimates are for earnings to decline year-over-year by 21.74% with revenue increasing by 22.51%. Short interest has decreased by 3.1% since the company's last earnings release while the stock has drifted lower by 27.9% from its open following the earnings release to be 25.6% below its 200 day moving average of $34.98. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 10, 2019 there was some notable buying of 2,208 contracts of the $30.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 13.3% move on earnings and the stock has averaged a 13.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Canada Goose Holdings Inc. $47.89

Canada Goose Holdings Inc. (GOOS) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $0.02 per share on revenue of $118.39 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 71.43% with revenue increasing by 19.86%. Short interest has increased by 24.8% since the company's last earnings release while the stock has drifted lower by 19.9% from its open following the earnings release to be 18.7% below its 200 day moving average of $58.93. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 11.1% move on earnings and the stock has averaged a 15.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Costco Wholesale Corp. $247.30

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $1.83 per share on revenue of $34.80 billion and the Earnings Whisper ® number is $1.84 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.65% with revenue increasing by 7.54%. Short interest has decreased by 2.4% since the company's last earnings release while the stock has drifted higher by 9.7% from its open following the earnings release to be 9.2% above its 200 day moving average of $226.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, May 14, 2019 there was some notable buying of 3,428 contracts of the $250.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Palo Alto Networks, Inc. $216.26

Palo Alto Networks, Inc. (PANW) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $1.25 per share on revenue of $703.44 million and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat The company's guidance was for earnings of $1.23 to $1.25 per share on revenue of $697.00 million to $707.00 million. Consensus estimates are for year-over-year earnings growth of 20.19% with revenue increasing by 24.04%. Short interest has decreased by 8.1% since the company's last earnings release while the stock has drifted lower by 16.2% from its open following the earnings release to be 1.2% above its 200 day moving average of $213.65. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, May 16, 2019 there was some notable buying of 1,160 contracts of the $237.50 call expiring on Friday, June 7, 2019. Option traders are pricing in a 8.4% move on earnings.

(CLICK HERE FOR THE CHART!)

Zscaler, Inc. $73.76

Zscaler, Inc. (ZS) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $0.01 per share on revenue of $74.54 million and the Earnings Whisper ® number is $0.03 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat The company's guidance was for earnings of approximately $0.01 per share on revenue of $74.00 million to $75.00 million. Consensus estimates are for year-over-year earnings growth of 116.67% with revenue increasing by 51.62%. Short interest has decreased by 8.0% since the company's last earnings release while the stock has drifted higher by 28.3% from its open following the earnings release to be 50.6% above its 200 day moving average of $48.98. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, May 20, 2019 there was some notable buying of 1,380 contracts of the $72.50 put expiring on Friday, June 7, 2019. Option traders are pricing in a 13.6% move on earnings and the stock has averaged a 16.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Okta, Inc. $109.63

Okta, Inc. (OKTA) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.21 per share on revenue of $116.66 million and the Earnings Whisper ® number is ($0.17) per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for a loss of $0.22 to $0.21 per share on revenue of $116.00 million to $117.00 million. Consensus estimates are for earnings to decline year-over-year by 133.33% with revenue increasing by 39.51%. Short interest has increased by 33.4% since the company's last earnings release while the stock has drifted higher by 46.6% from its open following the earnings release to be 48.1% above its 200 day moving average of $74.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 21, 2019 there was some notable buying of 1,003 contracts of the $90.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 10.9% move on earnings and the stock has averaged a 8.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Workday, Inc. $210.72

Workday, Inc. (WDAY) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.41 per share on revenue of $814.68 million and the Earnings Whisper ® number is $0.44 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat The company's guidance was for revenue of $812.00 million to $814.00 million. Consensus estimates are for year-over-year earnings growth of 7.89% with revenue increasing by 31.69%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 5.4% from its open following the earnings release to be 27.6% above its 200 day moving average of $165.20. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, May 23, 2019 there was some notable buying of 1,587 contracts of the $235.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 7.8% move on earnings and the stock has averaged a 25.2% move in recent quarters.

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Nutanix, Inc. $35.14

Nutanix, Inc. (NTNX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.60 per share on revenue of $296.48 million and the Earnings Whisper ® number is ($0.58) per share. Investor sentiment going into the company's earnings release has 40% expecting an earnings beat The company's guidance was for a loss of approximately $0.60 per share on revenue of $290.00 million to $300.00 million. Consensus estimates are for earnings to decline year-over-year by 185.71% with revenue increasing by 2.44%. Short interest has increased by 59.1% since the company's last earnings release while the stock has drifted lower by 4.4% from its open following the earnings release to be 20.5% below its 200 day moving average of $44.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, May 15, 2019 there was some notable buying of 5,000 contracts of the $40.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 15.3% move on earnings and the stock has averaged a 11.3% move in recent quarters.

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ULTA Beauty $335.09

ULTA Beauty (ULTA) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $3.06 per share on revenue of $1.74 billion and the Earnings Whisper ® number is $3.10 per share. Investor sentiment going into the company's earnings release has 87% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.35% with revenue increasing by 12.72%. Short interest has increased by 16.3% since the company's last earnings release while the stock has drifted higher by 2.2% from its open following the earnings release to be 14.1% above its 200 day moving average of $293.81. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 6.7% move in recent quarters.

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DISCUSS!

What are you all watching for in this upcoming trading week ahead?
I hope you all have a fantastic Memorial Day weekend with family and friends, and a great trading week ahead StockMarket! :)
submitted by bigbear0083 to StockMarket [link] [comments]

Dive Bar Pub Crawl 2018 - Second Six

I'm doing a tribute to the 24 days of Christmas by going over the financial statements of 24 companies that are considered downrange, speculative, and just plain high risk.
The legal cannabis industry already has a ton of risk in it - but this stuff - is only for thrill seekers. All opinions are my own, and certainly not a recommendation for or against any of them, or to buy or sell.
I've limited myself to 45mins to each, and kept to most recent financial statements You'll likely know more about the company than me if you're following them. This is only my reactions with a brief commentary about what I see in their financial statements.
I haven't been consistent in following them all over the past year: some I have, others not.
The first one this year.....is here
LDS - Lifestyle Delivery Systems
Price Then: $0.34 - Price Now: $0.37
Bleh. Still looks like a very expensive front office for a million a year in revenue and 50% margin. Leverage is nose bleed inducing, $26MM in accumulated deficit, and no real end in sight. If I was a shareholder - I’d be all over mgmt. As in: ‘when will a business actually emerge here?’. Still looks like an ATM for mgmt.
RTI - Radient Technologies
Price Then: $1.54 - Price Now: $0.77
Take out the bank balance, the market is valuing the business at about $0.50. For 2 years of stagnant revenue and billowing losses...$7MM last 2 quarters alone...meh. They do look to be operationalizing, perhaps that’s the dev cycle this industry business model is within. If that’s the case, I’m looking to see what happens over the next year - and if the spend justifies the returns.
Investors should be hoping their sales pipeline doesn’t turn into a TransMountain.
TNY - Tinley Beverage Company
Price Then: $0.85 - Price Now: $0.46
Funny enough, Tinley came across the radar a few months ago, and the elves took a stab at it. A couple of fans of this outfit took umbrage with their characterization at the time. They still didn’t put up any math though. Nor referenced the financials.
I was talking with u/GoBlueCdn the other day on the phone, and in conversation, he said: ‘fundamentals will always bear out.’ I couldn’t agree more. The noise and heat and smoke and knees and elbows of the intra-houday/week/month price moves….will always get throat-punched by solid ops. Never a question of it. It’s simply a function of time. The question of whether fanboys (and their accusations) will still be there when night turns to day….is an answerable one. They usually melt like toilet paper put into water. I stick to financials. If they're rocking it, I'll say so. If they're not......same deal.
I haven’t looked at these guys since then. Let’s do it again…..
Ok. I could wax poetic for awhile on this, nothing other than incremental at this point really. I don’t have anything against it. I like the idea of drinkables, but I've never tried one. And….I’m woefully ignorant about emulsions and such. If it’s a good product: I’m there. Probably like most people.
The reality is that these guys have tripped and slipped and reset several times…and aren’t delivering. Maybe I have expectations that are unreasonable (like the one’s they’ve established in the investor decks?).
One way or the other, limping along with no sales will eventually catch up with you. Despite the pitch. Revenues fix almost everything.
Onward:
iAn - Ianthus Capital Holdings
Scratched! Now post merger with MPX - and that I’ve already done that one - means redundancy at this juncture. We’ll skip this, and add a newcomer to the list at the end. Xmas surprise time!
CHV - Canada House Wellness Group Inc
Price Then: $0.37 - Price Now: $0.13
“You are now entering Liquidation City”
Population: CHV
Home of the ‘cash only’ auction. All purchases must be removed by 5PM or goods and purchase price will be forfeited
From doing these guys last year, I recall vividly how much I appreciate good disclosure. With it, there’s not only many more items to divine the entrails of - it also allows one to get a 3D look at an outfit. Often, business dislikes this for obvious reasons (it signals activities/plans/competitive advantages), but also because many people are uncomfortable taking a shower in public.
I took my foot off the throttle though after a certain point with these guys - there’s much more to speak to. All of it negative. I went a little overtime on this one, because I like the idea of a patient-centric Canadian producer. But.
If these guys last a year….there’s going to have to be capital infusion, and Note 10 will probably expand to the size of a large city’s phone book. It’s looking as proof that c-suite changes don’t change underlying business realities. And these guys need major changes, in far more than management.
LIB - Liberty Leaf Holdings
Price Then: $0.48 - Price Now: $0.10
  • not much cash, all they had seems to have gone into ‘facility equipment’.
  • Since they don’t seem to have a facility (on their books anyhow) that makes sense.
  • Appears to have pivoted (the elves always chuckle hearing that word) from aspiring producer, to ‘cannabis business accelerator’.
  • I read this as that they took a couple of runs at getting a grow op up, but got high centred on the meridian of ACMPR licensing delays (Pivot Time!)
  • Note 8 & 9 cover their ‘investing activities’. But it’s mainly transactional. If they’re ‘building value’ for shareholders, odd way to do it using paper on non-operating assets, and no apparent uplift able to be predicted.
  • CEO has gotten some help - he’s gone from ‘Chief Cook & Bottle Washer’ to mainly big chair activities.
  • SBC of a million dwarfs all other income statement spends
  • 60% of assets is their own paper, issued as ‘investment in associate’
  • $26MM of S/E? Please meet $26MM deficit in S/E. LIB’s capital is ostensibly only paper, and more paper.
  • If liquidated on hard assets, company would realize $2MM. I didn't have time to look into unconsolidated subs.
  • The loading of optionality in 2019? Pretty much all struck. Most of management's fruit has been shaken from the tree.
  • Whoop. Spoke too soon. Still 5MM of $0.17 options left to go. Looks like there’s still a lot of fruit up top yet
  • Note 19 is all one needs to read on this thing.
This feels like a squatter-aspiring-to-be-taken-out…..shifted to……business-accelerator-ATM-for-mgmt.
The businesses they’ve invested in could use a lot of accelerating btw, they’ve picked ones that are like cars rusting in a field. The blockchain outfit has shed half its value since listing, and the late stage applicant’s business(es) appear to be suspended in amber.
They’re also connected to some clinical trials, a retail facing outfit, among several others. All paper, all the time.
If there’s a business in here outside of a cashlessly fuelled pitch deck (written on lots of paper), I can’t see it. Perhaps something will happen someday. Nothing has in the last 365 of them. Excepting SBC of course. It's been busy there.
QCC - Quadron Cannatech Corp
Price Then: $0.38 - Price Now: $0.12
  • Cash and inventory and liabilities and S/E relatively flat.
  • A/R shows sales throughput
  • 30% margins. G&A lean. SBC exemplary for industry.
  • SBC might also be low because share price has tanked.
  • Sales needed. Slower industry ramp has slowed industry need for equipment. Should be stronger year if the underlying operational capacity begins to expand, and demand for units cranks.
  • Very clean financials. Not much else to say or see.
This one is dead simple in the financial statements. Love love love.
Whether they’ll start extracting revenue, is solely a function of their sales channel. As I’ve learned over the past year - everybody (and I mean everybody) - is in the extraction space. Operating in this industry sub-sector is like being in a sardine can without any oil (pun intended). Crowded space indeed.
Cashflow is the core of business, and, if QCC can compete and succeed within what is a very competitive landscape - all power to them (and Canadian manufacturing as well). Calling this a ‘challenging environment’ is an understatement. Sales need to begin growing. Another year in the same general state will test market patience, which, is looking like its' already becoming impatient.
Disclaimer - I've met Rosy several times now, and have come to respect her very much. I believe she’s a class act: both professionally, and personally. FWIW, full disclosure.
I’m gonna go have some egg nog with the elves and compliment them on their behavior. They don't start drinking until after 1PM most days now.
That they get out of bed around noon, it's not really saying much. Still, a big improvement over last year.
submitted by mollytime to TheCannalysts [link] [comments]

Best Cryptos to Invest in the Year 2019

Looking back in recent history, it seems as though big investors and financial organizations are changing their attitudes towards Bitcoin and altcoins. The media coverage worldwide illuminated the vast returns being had in the cryptocurrency markets, with many coins up over 100x since their conception. This certainly has garnered the attention from both legacy and newcomer investors. Currently, everyone is waiting to see if cryptocurrencies can continue on their path to new all time highs.
2017 turned out to be a whirlwind year, with most cryptocurrencies soaring to new all time highs at the end of 2017 and early 2018. The media coverage of cryptocurrencies was nonstop, with news reports on financial programs almost daily. In addition, many movies and tv shows mentioned cryptocurrency, including the technology oriented show “Silicon Valley.” So far, 2018 has seen a vast pullback in the cryptocurrency markets. Many of the smaller altcoins are down over 90% with Bitcoin, the crypto leader, still being down over 60% from all time highs.
Even with the overall market pullback, many investors are still very bullish on cryptocurrencies going into 2019. Many big name institutions are jumping head first into crypto, with NYSE announcing a new crypto exchange, BAAKT. Also Fidelity has announced a crypto support platform for their customers. Even legendary Ivy league university Yale has announced a new 400 million dollar investment fund geared towards cryptocurrency.
With so much bullish news adding up rapidly, almost everyone seems to expect a very profitable year for crypto leading into 2019. While Bitcoin is still currently the market leader there are also some big name altcoins that expect 2019 to be a huge year for them.
The Altcoin Hierarchy
Before investing in the crypto market, let us go through the basic classes of cryptocurrencies that exist in the market. While every class has the potential to have impressive returns, some coins have more impressive use cases and concepts, In addition to more qualified and funded development teams. Simply put, not all altcoins were created the same.
The Penny Stocks of Crypto
These are the bottom tier altcoins that could possibly become worthless in the near future. They operate much like penny stocks, advertising big promises of ‘guaranteed gains’. Eventually, many fail to offer a fraction of their promised returns. One of the ways to identify these is to look at their team members, their past experiences, objectives of the project, probability of mass adoption, actual use of the coins and many more.
The reasons for their failure is usually because of unwillingness to work for the vision they once promised in the first place, bad wealth management, inclusion of scammers in their team, unrealistic expectation from the project and also making money via pump and dump schemes.
Some of these coins are Trumpcoin, Russia Coin and Verge.
Average Coins
According to the ‘coinmarketcap’ website, there are currently more than 2000 cryptocurrencies listed on their website. Among those, there are around 500 of them that can be considered in this ‘average’ category.
These are the coins that do have a purpose/objective to work on but fail to maintain a good development team. They and their coins don’t really have any kind of purpose in the crypto market and fail to finalize any kind of legitimate deals and partnerships with good investors. This makes their performance very limited as compared to other altcoins in the market.
Some of these coins are Deep Brain Chain, Funfair, Decred, Navcoin, Populous, Cryptonex.
Good Coins
There are around 500 of such good coins in the market that do offer a good objective for the project, a solid team with good experience to execute such tasks, a good marketing strategy to reach out to masses to share their ideas and quality contacts to make some good partnerships in the market.
The only reason why they are only classified as ‘good coins’ is due to the lack of uniqueness that the other ‘very good coins’ offer. They don’t really have that ‘point of parity’ in their project/product that separates them from their counterparts.
Some of these coins are NEM, Stratis, Monero, and BAT.
Very Good Coins
There are around 100 such ‘very good coins’ in the market. Their objectives are well defined with a solid team to execute their tasks perfectly. Along with that, their marketing teams are also well-qualified to make their ideas reach to the masses. Because of such a wonderful blend, they are able to make better and strong partnerships with a number of good companies.
What separates them from the ‘Good Coins’ category is their USPs (Unique Selling Points). They are unique in what they do and that’s what makes the difference.
Such coins are NEO, Stellar, Cardano, Ripple
Top Tier Cryptocurrencies
These are the top tier coins that provide the best functionalities. They have real-world usage, objectives to solve a real-world problem, strong fundamental teams to execute the mission of the project, marketing teams to spread the ‘idea’ and collaboration with a number of media channels to gain early investors.
Also, due to a good PR team, they are able to make a very strong partnership with a lot of Fortune 500 companies that give them an extra edge over rest of the projects in the market.
Some of these coins are VeChain, Ethereum, Bitcoin, IOTA, Icon, EOS, Kinesis.
Promising Projects Going Into the New Year
With more than 2000 cryptocurrencies out there in the crypto market, only a couple 100 of them qualify to be a top tier investment. It can be quite the challenge to find a worthy project among the thousands of choices. These next projects are some that show a lot of promise heading into 2019.
Always remember the 3’S’ of the investment – Sane, Smart and Sensible. An investor who is sane, smart and sensible will always look into the facts before he invests in any business or project.
Kinesis
This is one of the most promising upcoming projects in crypto. The broad overview of the coin is to offer an alternate and better evolutionary step beyond the basic monetary and banking system available today.
In short, it is a cryptocurrency that is backed by precious metals like gold and silver. According to the CEO of the company, Thomas Coughlin, the Kinesis coin is basically divisible units of allocated gold and silver which you can use as a currency.
There will be two stable Kinesis coins in the market backed by Gold and Silver. The stable Kinesis coins backed by Gold will be tagged as KAU and the stable Kinesis coins backed by Silver will be tagged as KAG.
These stablecoins backed by the precious metals like Gold and Silver are real game changers as these 2 precious metals are definable stores of value for use in trade and investment in the real-world economies.
The Kinesis coin is based on the Bespoke Blockchain Technology, a blockchain network forked off from the Stellar Blockchain Technology in order to suit the requirements of the Kinesis coin.
The cryptocurrency project is headed by Thomas Coughlin who is also the CEO of the Kinesis company. He has 15 years experience in the investment, funds management and capital markets. Before being the CEO of the Kinesis company, he held similar positions for the Bullion Capital and TRAC Financial Group as well.
Apart from Thomas Coughlin, there are other great members in the team as well. Their team consists of people like:
Michael Coughlin, Chief Financial Officer, having 41 years experience as a CPA in the accountancy and financial services professions.
Eric Maine, Chief Strategy Officer, having more than 30 years experience in Senior Management in the exchange and financial markets.
Ryan Case, Head of Sales & Trading in Kinesis, having extensive experience as Head of sales trading & partnership and also valuable experience in commodity, cryptocurrency, forex and derivative markets.
Jai Bifulco, Chief Marketing Officer, having a full-fledged 12 years of experience in award-winning full-stack marketer in Finance. He previously held roles of directors in multiple brokerages, consulting and Fintech sectors.
There are more than 30 different team members in this project spanning their roles from The Executive Committee to the Advisory Board to the Operations and Development team.
The coins are very limited in number as compared to other cryptocurrencies where the softcap is limited to just 15,000 KVT coins and HardCap is limited to 300,000 KVT coins. Minimum token that one can buy is set to 1 KVT which is equal to $1000.
So far, more than 57,000 KVT tokens have been sold which roughly equals to a whopping sum of $57 Million. With such a huge investment already deployed for the development of the project, there are still 30 more days left for the ICO sale period to end.
Also, apart from the investments gained, the Kinesis cryptocurrency is also focusing much on the partnerships with the top companies in the industry. These include companies like ABX (Allocated Bullion Exchange), MLG (Blockchain Consulting), Sigma Prime, Etherlabs and Fine Metal Asia Limited.
This cryptocurrency is certainly the one to watch out for in 2019.
VeChain
Broad Overview – In simple layman terminology, Vechain is a supply chain protocol to track logistics inventory. It has successfully implemented blockchain technology in various sectors like agriculture and industries like luxury goods and liquor.
They basically strive to solve real-life problems by providing solutions in various industries like:
Logistics: In this sector, VeChain implements the blockchain technology to improve the flow of information from one department to another by breaking silos yet maintaining the data privacy of every department. Government: There are more than 111 VeChain nodes deployed worldwide. The municipal governments participate in the VeChain blockchain network as nodes. The VeChain blockchain network offers decentralization and immunity against the data hacking that allows room for transparent information exchange. This indeed improves the efficiency of the municipal governments. The technologies used to track the logistics are:
Assigning digital identities to physical stocks that can be stored on the VeChain blockchain network Usage of RFID (Radio Frequency Identification) NFC (Near Field Communication) Proof Of Authority Consensus In-House Temperature Controlled Tracking Quick Response Codes (QR Codes) The future potential of the VeChain cryptocurrency looks quite promising as the coin is signing new partnerships every month or so. Some of its partners are PricewaterhouseCoopers, DNV GL, Renault Group, KUEHNE + NAGEL, D.I.G, China Unicom and the State Tobacco Monopoly Administration of China.
Every single company with whom VeChain partnered has millions of customers that will use the VeChain technology embedded in their system. This makes the coin solve real-life problems and have mass adoption.
VeChain indeed makes a big difference in the logistics business. However, given the kind of turmoil that the entire cryptomarket is facing where the total market capitalization has fallen from $800 Billion to just around $200 Billion, no one can give any kind of assurance on the returns in your investment in the crypto assets. However, stablecoins like Kinesis has a reward yield system that incentivizes its investors for holding, depositing and also referring new users. Hence, the investors always stay on the benefit side even if the market collapses for a short duration.
IOTA
In simple terms, IOTA is a cryptocurrency which is designed for the Internet of Things. The cryptocurrency was developed to root a new direction to IoT by establishing a standardization called, ‘Ledger of Everything’ which means that the data exchange between sensor-equipped machines would be enabled to populate IoT.
IOTA has the potential to make transactions easy. A basic use case of IOTA can be seen in IOTA enabled vending machines. These machines can dispense the items without involving the associated transaction costs. Some other use cases of IOTA are Reddit Chains etc.
Technology Behind IOTA Surprisingly, IOTA does not use the traditional Blockchain technology for its design and development. In fact, a new platform called ‘Tangle Technology’ is being used for IOTA to operate on. The Tangle Technology deploys a mathematical concept called Directed Acyclic Graphs (DAG) which resolves both the scalability and transaction fees issues which we face in blockchain based cryptocurrencies.
In IOTA, for a transaction to be valid, each node present in DAG Tangle must approve the previous two transactions occurring at the other node. And adding to a note, this process removes the chances of mining and makes the system fully decentralized.
Future Potential Keeping in mind the remarkable result of IOTA, there exists a promising scope for it in the near future in various applications and platforms. IOTA would be standing tall and different in the future world full of cryptocurrencies vulnerable to quantum computers. IOTA has a lot of companies that it is working with. Some of them include Bosch, Volkswagen,Fujitsu, Accenture, Poyry and many more.
When viewed from a macro perspective, so far IOTA looks to be fee-less, scalable and fast which makes it next to perfect. However, if you own IOTA, the chances of you liquidating it into fiat currency via a ‘debit card’ and buying something from a grocery store is quite low. In order to fill this gap of actually buying something from the street market and becoming the global currency, Kinesis has introduced its Kinesis Debit Cards that enables the Kinesis token holders to exchange their tokens against FIAT currency and simultaneously buy products from a grocery shop, something which IOTA fails to offer.
ICON ICX
Broad Overview: ICON is a South Korean based company that develops blockchain technology and accompanies the cryptocurrency called ‘ICX’. ICON is a network framework which has been designed to allow independent blockchains to interact with each other. It allows interconnected blockchain networks to participate in a decentralized system which converges at a central point.
Technology: ICX token is built on the Ethereum blockchain network. ICON has developed a loop-chain platform that connects different blockchain communities through the ICON Republic which serves as the governing head for the Federation of other independent blockchain bodies.
All the communities are linked to Republic through C-Reps (Community Representatives) which then connects to Nexus. C-Reps functions as the portals to the communities to establish a connection with Nexus. And this way the entire procedure is carried out.
Future Scope: It is believed that ICON has plans to provide platforms to financial, security, insurance, healthcare, educational industries which can help them to carry transactions on a single network. Thus, ICON (ICX) can be seen having a good time in the coming days.
Also, it has been successful in signing a partnership deal with the tech-giant Samsung where it will be using ICON’s own Chain ID for a new Samsung project called ‘Samsung Pass’. Apart from Samsung, ICON has also signed deals with PORTAL NETWORK & W Foundation.
However, it is notable that ICON is built on the Ethereum network and is an ERC20 token. Hence, the transaction speed greatly depends on the Ethereum network. Currently, Ethereum can execute 15 transactions per second which is quite low in terms of what ICON (ICX) is currently aiming for. However, to fill this gap, we have Kinesis Bespoke Technology that offers a whopping speed of 3000 transactions per second. This lightning fast speed keeps the Kinesis token way ahead than ICX token.
Enjin
Broad Overview The native cryptocurrency of the Enjin Network, the Enjin Coin (popularly known as only ENJ) follows the ERC20 token standard and is used with a smart contract-based blockchain platform. Its typical users include content creators, game developers, and other members of the gaming community, who need to use virtual tokens to manage and trade virtual goods in the gaming world.
Technology behind Enjin As an ERC20-compliant token, the ENJ functions in accordance with the rules an Ethereum contract has to implement. It is used on a dedicated platform that is designed to support open-source software development kits (SDKs), applications, plug-ins, and payment gateways. As for its users, they will be able to efficiently participate in developing, launching, managing, and trade content and game-related products on the Enjin Network, without having to deal with the technical complexities.
Summary of Potential The ENJ is expected to solve some performance issues in using similar cryptocurrencies on the market today, including payment frauds where goods are not actually delivered, slow transaction processes, lack of ownership of virtual goods, lack of transaction standards, and centralization problems.
According to its creators, the ENJ coin, which is based on a blockchain, will create a distributed, trustworthy, and secure framework where transactions can be executed smoothly and quickly with minimal transaction fees. Its autonomous and decentralized system will ensure that all offers and deals will be honored.
Conclusion Generally speaking, the Enjin Coin is good. It helps bring the benefits of blockchain to millions of people participating in the virtual goods market. Its creators are working hard to prevent fraud in the gaming world.
However, it is still a relatively new project. As such, it is still volatile. This means that you still have to take utmost care and be wise when using it.
EOS
Broad Overview EOS is considered by many people who are participating in the virtual goods market as one of the best cryptocurrencies to use, supported by a powerful infrastructure for decentralized applications. Basically, the EOS blockchain is used for the development, execution, and hosting of decentralized applications (dApps) that are traded virtually.
Technology behind EOS The EOS system is composed of two key components, which are the EOS.IO and the EOS token. As for the former, it functions like a computer’s operating system in managing and controlling the EOS blockchain, with the use of an architecture that enables horizontal and vertical dApps. As for the latter, it is held (instead of spent) by the users to be able to become eligible of building, running, and trading apps, as well as using EOS network resources.
While EOS still does not have an official full form, it supports all core functionalities to allow individuals and businesses to create and trade blockchain-based apps.
It also runs on a web toolkit for interface development, just like Apple’s App Store and Google Play Store.
Summary of Potential While there are already a lot of cryptocurrencies based on Ethereum similar to it, the EOS system focuses on the critical and problematic points of the blockchain. Specifically, it attempts to solve the problems of scalability, speed, and flexibility that often cause transaction processes to slow down, which is a common issue in blockchain-based systems.
According to its creators, EOS.IO could also address other problems that come with the ever-increasing size of the dApps ecosystem, such as limited availability of resources, constrained networks, spamming, false transactions, and limited computing power.
It is said to be able to support thousands of commercial-scale dApps without hitting performance bottlenecks by using asynchronous communication methodologies and parallel execution across its network.
Conclusion The EOS system is very advanced. It is designed to address common problems with standard blockchain-based networks. But like other new cryptocurrency platforms on the virtual market today, it still has some weak points to improve. Also, there is again the exposure to volatility, as users hold the tokens to be eligible to trade virtually.
Nebulas
Broad overview Nebulas (NAS) is a new generation blockchain and is open for public collaborations for decentralized application (dApp) development. Its adaptability and scalability are the two characteristics that could propel NAS to be one of the top cryptocurrencies, thus giving it enough leverage to compete in the market.
Technology behind Nebulas Nebulas is the first crypto running on a 3rd generation blockchain, thus making it the dominant player of the new platform. This makes Nebulas highly flexible and scalable, even giving a good leverage in future-proofing their code. That could help avoid hard forking whenever some issues come up during scaling processes.
Summary of potential Adaptability, scalability and search-ability are three of the biggest potential NAS has to offer. With the 3rd generation blockchain it uses, it can allow the adaption of other codes based from Nebulas. This means that other cryptos can adapt to its platform soon enough.
Moreover, it can also act as a blockchain search engine. This can let users search particular blockchains based on efficiency and community strength.
Finally, its goal to provide fair incentives to Decentralized Application (dApp) developers is something that collaborators could expect. This means that more developers are expected to come, thus strengthening NAS even further.
Conclusion Nebulas (NAS) is a promising crypto especially with its adaptability, scalability and search-ability potentials. It can help with the fluidity of crypto into this new generation platform. However, it still lacks the value stability that Kinesis or stablecoins hold. NAS is still unpredictable, unlike Kinesis that backs it value with real gold.
Sky
Broad overview SkyCoin is a full environment system of blockchain technology, and has the goal of endorsing the actual usage of cryptocurrency.
Technology behind Sky Sky has its own algorithm, the Obelisk, which uses the web of trust dynamics to spread influence all throughout the network to come up with a consensus decision. The consensus decision depends on each node, by valuing its influence score. The influence score of each node is determined by the number of network nodes connected to it. This depicts the importance of the node to the network.
Aside from the Obelisk, Sky also operates its own cryptocurrency which is SkyCoin, its own ICO platform Fiber, a decentralized social media platform called BBS, and a decentralized messenger called Sky-Messenger.
Summary of potential Sky focuses its potential on being a full ecosystem of blockchain technology that encourages actual usage of crypto. Through its unique algorithm which is the Obelisk and some other dApps associated with it, Sky is a promising crypto technology and could be considered as the most complete one as of today.
Conclusion Sky, SkyCoin and the Obelisk is definitely a massive platform that could be considered as a full ecosystem of crypto and its related technology. Nonetheless, the SkyCoin depends its value on node influence scores, which could change from time to time as well. This makes Kinesis and Stablecoins still a better choice, especially for investors who want clear investments without hassle.
Crypto Predictions for 2019
While 2017 had the masses captivated and investing large amounts of capital, 2018 has seen price drops and sagging hopes. While the returns in 2017 exceeded anyone’s expectations, a strong pullback was predicted by many. Whether or not this bear market continues from here is the real question many investors face today.
Bitcoin’s rapid rise and fall exposed many problems, and the developers of the top cryptocurrencies in 2019 took note. When considering your crypto investments for 2019, factor in the following trends we predict will influence investments:
More Pullbacks According to the CEO of Vellum Capital, Eric Kovalak, the price of cryptos will reach new lows before they will rebound to new heights. This includes the biggest cryptocurrencies in the market, including Bitcoin. Kovalak believes that it will be priced below $3,500 before it will find its way back up. However, there are many mixed opinions on the current price of BTC, with some arguing the bottom for the crypto markets have already been seen.
Due to Bitcoin-based remittances, uncertainty in global economies like Asia, Turkey and Venezuela, and mobile penetration, there will be a surge in interest and the price of the digital currency.
A Flood of Institutional Investors
Institutional investors have been waiting on the sideline for the ETF to rule in favor of Bitcoin. According to Mike Novogratz, CEO of Galaxy Capital, once the ETF arrives, “institutional fomo’ will start flooding the market.”
Another factor is Kinesis, the investment blockchain that provides investors with a safe and reliable alternative. Pegged against precious metals, it provides protection against volatility that may be caused by political instability.
The Kinesis Monetary System lets you own real gold or silver when you purchase the digital currency. Your ownership is then digitized and then made available for spending, trading, and transfer. What is even better, the monetary system can be used internationally, ensuring reliability of money around the world.
With the recent crisis around the Turkish Lira, the price of gold has significantly increased.
Mass adoption of crypto by consumers In January 2019, blockchain technology will be 10 years old. It remains a speculative investment to this day but 2019 could be the year of mass adoption for digital currencies.
For this to happen, however, there has to be some triggers.
Speculation should become a real utility. People must use blockchain projects in everyday life so they will gain widespread use. Decentralized applications (DApps) must gain mainstream status to promote widespread adoption of cryptocurrencies. Improved payment processing, addressing the issue on the current situation of slow transaction times and high transaction fees. Scalability of blockchain technology with little to no impact on its efficiency. To date, slow transaction times are due to the growing number of users and transaction sizes. This calls for blockchain to grow and have the ability to compete with Mastercard, PayPal, or Visa. Introduction of off-chain solutions that allow users to complete a transaction through peer-to-peer payment channel instead of within the blockchain. This will address slow transaction times. Security will be provided by the parent blockchain. Gold Is Still The Standard Despite the promises and unique functions of many cryptocurrencies, there is still uncertainty in these new markets.
Gold has remained the best form of investment throughout history, and the best store of value, especially through times of crisis in politics and economies.
Kinesis pegs its value to gold which has proven to be the safest investment in history. Therefore Kinesis stands to gain from the stability gold offers while simultaneously fusing it with the unique features of this cutting edge crypto technology.
With the Kinesis Monetary System, investing in gold is no longer the slow process that many older investors are used to. This cryptocurrency is backed by gold and silver and supports precious metals trade.
It has three essential assets.
Tokens that represent an investors ownership of gold and silver. The inherited system where performance is done. Complete blockchain security that supports investments and paves the way for the creation of new assets protected in a banking system. Most importantly, the Kinesis Monetary System allows thousands of transactions to be completed per second in a completely secure channel.
The Near Future
Even a decade later, cryptocurrencies are still very much in their infancy. At this time, no one is sure what shape this growing sector will take in the future. Many cryptocurrencies will come and go but the ones that show the most promise, that fulfill their use cases, will stick around for the long term. With any emerging technology, we have to watch how it evolves and how it merges with our everyday life, changing the way we interact with everything around us.
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