Archive

Litecoin Briefly Breaks Above $100

  In our November 23rd report, we had argued that Litecoin, which is a near replica of Bitcoin, will blast upwards in a week. The LTCUSD pair was trading at about $70, when the report was published. We had also

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Ethereum Signals Exhaustion After Steep Rally

  In our November 2nd report, we had predicted a huge rally in Ethereum (ETH) coin. We had also mentioned our intention to purchase a call option in the binary market. The ETHUSD pair was trading at about $290 when

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Disney Misses Q3 Estimates as Media Division Struggle

  The diversified media and entertainment company Walt Disney Company (NYSE: DIS) reported fiscal 2017 fourth-quarter results that missed analysts’ estimates. Barring the Parks and Resorts segment, all other business divisions failed to meet estimates. More importantly, once again, ESPN,

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Walmart Beats 3Q18 EPS Estimates, E-commerce Sales up 54%

  The world’s largest retailer Wal-Mart Stores, Inc. (NYSE: WMT) hit a new 12-month high of $100.13 last week, after the company reported fiscal 2018 third-quarter results that surpassed the Street estimates. Walmart also topped the same-store sales growth expectations

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Euro Up on Record High German Business Confidence

  The Canadian dollar is under the hammer as the US and Canada stand poles apart in the NAFTA related talks. Thus, despite a rally in the crude oil and good manufacturing data, the Loonie is unable to gain ground

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Lite Coin Turns Bullish on Successful Atomic Swap Test

  In our November 16th report, we had forecast a rally in the Lite coin from the level of $60, following its listing in the South-Korean exchange Bithumb. Further, we had predicted the LTCUSD pair to breach the level of

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UBS White Paper Calls Bitcoin a Speculative Bubble

  In our November 15 report, we had predicted a sharp bounce back in the price of Bitcoin, which had plunged below $6000 due to the suspension of Segwit2x hardware fork. We had expressed our willingness to purchase the coin

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AIG Swings to Q3 Loss on Sharp Rise in Hurricane Costs

  The hurricanes, Harvey, Irma, and Maria dropped a huge bill of about $120 billion on the US insurers. Still, the large players posted a third-quarter profit that beat analysts’ estimates. However, it was not the case with American International

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Tesla Swings to Q3 Loss, Postpones Model 3 Targets

  Electric car manufacturer Tesla, Inc. (NASDAQ: TSLA) reported a swing to a loss in the fiscal 2017 third-quarter, compared with a net profit in the corresponding quarter of 2016. The quarterly net loss also missed analysts’ estimates. Investors punished

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Canadian Dollar Weakens on Impasse in NAFTA Negotiations

  In our October 23rd report, we had forecast a rally in the USDCAD pair, which was trading at around 1.2600. Additionally, we had mentioned that two trades – one each in the Forex and binary market – may be

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