Ticker Tape by TradingView

General Motors, A Turn around?

GM Monthly Time Frame has reach a turn around level which has repeated in past 2 occasions.



https://www.tradingview.com/chart/GM/KoeItq98-GM-Looking-good-for-a-Short/


Comments

Post a Comment

Popular posts from this blog

Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.

Image
Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.   Polish Finance Ministry has now brought into effect an all new law that requires every cryptocurrency transaction to be subject to a flat 1% economic tax levy. the government also requires cryptocurrency traders and holders to pay an additional income tax between 18% – 32% on their altcoin savings.   This has caused outrage within the national crypto-community and many traders helpless since the Polish tax season is now coming to a close, requiring all citizens to file their federal taxes by April 30.
Read more

AUD / CAD Waiting For Price Action

Image
Down trend broken, wait for price action for a long run. Waiting for price action Down trend broken, wait for price action for a long run. 1 st Target : 0.98000 _ RRR : 1 : 1 2 nd Target: 0.98835 _ RRR : 1 : 2.16 Alternative scenario , Sellers will keep pressure and down trend will resume. In this case we are looking in entry`s around 0.96830 . Target : 0.95888 _ RRR : 1: 1.52 AUD/CAD  Daily Chart
Read more

FCA proposes ban on cryptocurrency products

Image
The UK’s markets regulator has proposed a ban on financial instruments linked to digital cryptocurrencies, warning that such products could cause huge losses for retail consumers unlikely to understand their risks or value. The Financial Conduct Authority (FCA) said products such as derivatives and exchange-traded notes (ETNs) that reference crypto-assets were “ill-suited” to small investors. It cited their “extreme volatility”, the difficulty in valuing them, consumers’ patchy understanding of what they were buying and the increased risk of financial crime. Investors might “suffer harm from sudden and unexpected losses if they invest in these products”, the FCA said, estimating that a ban would benefit consumers to the tune of between £75m and £234.3m a year. Source: Theguardia n
Read more

Chinese tariffs and now Mexican tariffs — could take them two steps back

Image
Mexican tariffs Estimates from the Tax Foundation, said that while the Trump administration’s 2017 tax cuts created about 380,000 full-time equivalent jobs, adding tariffs on Mexican products to the existing tariffs on Chinese goods could eliminate almost 610,000 full-time equivalent jobs from the U.S. workforce. By itself, a 5% tariff on Mexican goods could drain off approximately 39,000 full time equivalent jobs, the Tax Foundation said in an analysis on the heels of the Mexican tariff news. Trump announced plans escalating tariffs against Mexico if the country cannot stop illegal immigration. It’s the latest front in Trump’s trade disputes. The administration has already imposed a 25% tariff on $200 billion in Chinese imports. China is coming back with retaliatory tariffs on $60 billion of American imports. Researchers and business groups say companies and consumers are the real victims. America imported $346.5 billion in products from Mexico last year, acc...
Read more

Johnson & Johnson’s single-dose COVID-19 vaccine

Image
Johnson & Johnson’s single-dose COVID-19 vaccine it could represent a  game changer and it could ensure we are vaccinated at a faster pace Johnson & Johnson (JNJ) started shipping its COVID-19 vaccine early this week and looing to increase supply fast. Johnson and Johnson’s vaccine is reported 72% in preventing moderate-to-severe COVID-19 in the U.S. Source:   https://finance.yahoo.com/news/johnson-and-johnson-single-dose-vaccine-is-absolutely-a-game-changer-vaccinations-to-pick-up-171204467.html
Read more

UK begins issuing non-EU passports

Image
Change took into account the first deadline of Brexit, March 29 Despite the impasse in approving the Brexit agreement, the UK government started this week to issue passports without the name of the European Union on the cover. The new documents had been prepared on the basis of the first deadline set for the country's departure from the bloc, March 29, which was changed to April 12 and now, at the request of Prime Minister Theresa May, it can be extended to 30 June. The Interior Ministry, however, has explained that it will continue issuing the old passports until the end of the inventory. The document is to undergo a further change in late 2019, with the gradual return of the blue color used in the UK to 1988, rather than the red that characterizes EU passports. May is attempting a further postponement of Brexit due to the lack of approval of the "divorce" agreement by the British Parliament, which has already rejected the text on three occasions and also re...
Read more

Bear Market

Image
Bear Market What is it and how to take advantage Means a market in which share prices are falling, encouraging selling. This is a definition by dictionary, but what actually this means for a investor point of view and drives the shares price d evaluate or the encouragement of the assets sell off? Usually the Exchange is marked by popular enthusiasm and speculation with positive sentiment indicators which drives the prices of an asset increase. Fundamentals appear extremely positive and due to the populism investors keep buying disregarding the actual price that has been paid for the asset purchased. Often overpriced buy the market. Those behavior does not reflect the actual value of a company and you should always look for the intrinsic value of a company to evaluate an opportunity. Intrinsic Value In finance, intrinsic value refers to the value of a company, stock, currency or product determined through fundamental analysis without reference to ...
Read more

Popular posts from this blog

Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.

Image
Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.   Polish Finance Ministry has now brought into effect an all new law that requires every cryptocurrency transaction to be subject to a flat 1% economic tax levy. the government also requires cryptocurrency traders and holders to pay an additional income tax between 18% – 32% on their altcoin savings.   This has caused outrage within the national crypto-community and many traders helpless since the Polish tax season is now coming to a close, requiring all citizens to file their federal taxes by April 30.
Read more

AUD / CAD Waiting For Price Action

Image
Down trend broken, wait for price action for a long run. Waiting for price action Down trend broken, wait for price action for a long run. 1 st Target : 0.98000 _ RRR : 1 : 1 2 nd Target: 0.98835 _ RRR : 1 : 2.16 Alternative scenario , Sellers will keep pressure and down trend will resume. In this case we are looking in entry`s around 0.96830 . Target : 0.95888 _ RRR : 1: 1.52 AUD/CAD  Daily Chart
Read more

FCA proposes ban on cryptocurrency products

Image
The UK’s markets regulator has proposed a ban on financial instruments linked to digital cryptocurrencies, warning that such products could cause huge losses for retail consumers unlikely to understand their risks or value. The Financial Conduct Authority (FCA) said products such as derivatives and exchange-traded notes (ETNs) that reference crypto-assets were “ill-suited” to small investors. It cited their “extreme volatility”, the difficulty in valuing them, consumers’ patchy understanding of what they were buying and the increased risk of financial crime. Investors might “suffer harm from sudden and unexpected losses if they invest in these products”, the FCA said, estimating that a ban would benefit consumers to the tune of between £75m and £234.3m a year. Source: Theguardia n
Read more

Chinese tariffs and now Mexican tariffs — could take them two steps back

Image
Mexican tariffs Estimates from the Tax Foundation, said that while the Trump administration’s 2017 tax cuts created about 380,000 full-time equivalent jobs, adding tariffs on Mexican products to the existing tariffs on Chinese goods could eliminate almost 610,000 full-time equivalent jobs from the U.S. workforce. By itself, a 5% tariff on Mexican goods could drain off approximately 39,000 full time equivalent jobs, the Tax Foundation said in an analysis on the heels of the Mexican tariff news. Trump announced plans escalating tariffs against Mexico if the country cannot stop illegal immigration. It’s the latest front in Trump’s trade disputes. The administration has already imposed a 25% tariff on $200 billion in Chinese imports. China is coming back with retaliatory tariffs on $60 billion of American imports. Researchers and business groups say companies and consumers are the real victims. America imported $346.5 billion in products from Mexico last year, acc...
Read more

Johnson & Johnson’s single-dose COVID-19 vaccine

Image
Johnson & Johnson’s single-dose COVID-19 vaccine it could represent a  game changer and it could ensure we are vaccinated at a faster pace Johnson & Johnson (JNJ) started shipping its COVID-19 vaccine early this week and looing to increase supply fast. Johnson and Johnson’s vaccine is reported 72% in preventing moderate-to-severe COVID-19 in the U.S. Source:   https://finance.yahoo.com/news/johnson-and-johnson-single-dose-vaccine-is-absolutely-a-game-changer-vaccinations-to-pick-up-171204467.html
Read more
Forex Screener by TradingView

Economic Calendar

Economic Calendar by TradingView

Live Chart

SPX chart by TradingView