Year: 2019

Woodford fund is in trouble

2 min read

The financial services company from Bristol will have to come up with answers about their continuing support for Neil Woodford’s troubled fund when they publish the half-year earnings report on Thursday, August 7.

One week after the administrators of the Woodford Equity Income Fund, Link Asset Services, have announced that the troubled fund may stay shut until early December, trouble is brewing for Bristol’s retail investment giant, Hargreaves Lansdown. According to the Times of London Crag Newman, co-founder of Neil Woodford’s company is secretly selling his two multimillion pounds worth properties. The troublesome week for a former darling of the retail investment industry, Woodford, is creating some problems for other big players.

Woodford is no more retail investment darling

Hargreaves has already brought on itself scrutiny for continuing recommendation of Woodford’s fund until the very last day, June 3, when the fund was suspended following a prolonged period of poor performance during which it shrunk to just £3.5B from its peak of over £10B. That suspension affected around a quarter of Hargreaves customers, leaving them with their funds locked up for what now seems to be as long as six months. Now, the Hargreaves customers are bound to continue paying fees through the period they may not have wished to hold on these investments. According to the Financial Times, the CEO of Hargreaves Lansdown, Chris Hill, has issued an apology to their clients and waved its 0.45% fee to their customers on funds frozen in Woodford’s equity fund.

Warning on Woodford fund

On Thursday, analysts are expecting that Hargreaves reports a 5% rise in pre-tax profits and an 8% rise in revenues. But that report will encompass only one month of the fallout from the Woodford fund’s malaise. Some, such as Gurjit Kambo of JP Morgan Cazenove, is warning their clients that deposits in Hargreaves are likely to be negatively impacted by developments relating the Woodford’s fund.

“With investors in Woodford’s equity income fund still gated, and the relationship between Woodford funds and Hargreaves Lansdown under increased scrutiny, we have reduced our inflow estimates,” Kambo said in a note to clients.

His estimates of Hargreaves’ new funds for 2020 have gone from £7.9B to £5B, and from £9B to £5.5 in the following year.

Analysts of the Deutsche Bank argue that Hargreaves shares have taken enough of toll to account for the fallout from Woodford’s debacle. In mid-May, their value has peaked at £24.47 and then fell to as low as £18.59 following the freezing of the “Woodford’s Equity” fund. Since then they have recovered, with some ups and downs, to £20.43 on Friday, August 2.

The bottom line

But despite all these developments and conflicting opinions, a question remains. Why did Hargreaves Lansdown continue to recommend Woodford’s fund until the day it was suspended, and through its shrinking which amounted to 65% of its peak value?

6th August 2019
Golden Cross is extremely powerful pattern

2 min read

(Updated Oct. 21)

by Gorica Gligorijevic

A golden cross is a technical indicator appears when a faster-moving average crosses a slower moving average. That is the simpler explanation. More important are the moving averages which create the cross.

To find this pattern you have to observe the 50-day and 200-day. Only these two periods are valid in forming this pattern. When you notice a golden cross happen you will something like this

This pattern is an extremely powerful sign of a strong bull market. It is an uptrend and traders like when seeing this on the daily charts.

On the chart above you can see the point where the lines of 50-day and 200-day periods touch each other and make a cross.

Traders always see the golden cross as a Sangraal pattern. Their opinion is that the golden cross pattern is one of the final signs of a bull market. That is a definite buy signal.

Traders-Paradise wrote about Bitcoin golden cross. But it occurs in stock trading too. For example, last time when this pattern was seen in the S&P 500 Index, the index has risen by more than 50%.

The opposite indicator is the death cross. The death cross happens when a 50-day moving average crosses from above to under its 200-day moving average. The death cross shows a bear market going ahead. When death cross appears you will see this pattern on your charts.

But our topic is a golden cross.

This cross pattern has three explicit stages. The first stage is the point where a downtrend is but you can see it is on its last legs. Why is that? The selling interest is defeated by a stronger buying interest. More traders are willing to buy.

The second stage includes the development of a new uptrend. The breakout of that uptrend is noted when the short-term MA crosses from below to above the long-term MA. And you can see the point of the golden cross.

The third stage is when the new uptrend is extended, and more gains verify a bull market. During the third stage, the golden cross’ two MA acts as support levels when occurring corrective downside retracements. The bull market is intact while the price and 50-day MA stay above the 200-day MA.

How to use the pattern

The golden cross is useful to discover the right time to enter or exit the market. This indicator is a good tool that can help you to know when it is reasonable to sell and when it is better to buy and hold.

When you are looking to buy an asset, it can happen to enter the market when the asset’s price increases above the 200-day moving average. Sometimes it is better than waiting for the 50-day MA to secure the crossover. How this can be better, you may ask?

The pattern is usually a lagging indicator. What does it mean? This means it may not happen until the market has already changed from bearish to bullish. It may be used as a sign that the bear market is finished. So, it is time to exit your positions.

The golden cross is used to trading individual assets as well as market indexes, for example, the Dow Jones Industrial Average. Also, you can use different MAs to notice a golden cross. For instance, you may use the 100-day MA instead of the 200-day. This pattern can also be viewed for an hourly chart, for example.

The bottom line

Some traders and market analysts don’t think the golden cross, also the death cross, are strong trading signals. The cross pattern is usually a very lagging sign, as we mentioned. The Cross pattern has short predictive importance but it is more relevant as proof of an uptrend.

5th August 2019
Bitcoin’s 3-day chart shows “golden cross”

2 min read

The last, 2018 was a bear market for Bitcoin and crypto-assets. But this year is a bull market or we can say it is the opening stages of it. Why we are saying that?

On the three-day chart, we can see a “golden cross”.

A golden cross is an exactly a bullish signal. Typically it is a sign that the asset is going to start a bull run. And you can see that on the three-day chart, it is very obvious, without any dilemma.

The golden cross is a bullish breakout pattern. It is a positive momentum indicator, happening when a security’s short-term price moving average moves above its long-term moving average.

Bitcoin price has triggered a “golden cross” on the three-day price chart. That causes great enthusiasm among its supporters.

The golden cross is a powerful sign that Bitcoin is surely entering a bull run. This conclusion is based on past experiences, of course. So, we can understand why investors are so excited.

The death cross is the opposite. It is the point where the short-term price moving average moves below the long-term moving average. No matter if we are talking about golden cross or death cross, the short-term moving average is regularly a 50-day moving average. The long-term moving average is a 200-day moving average.

The similar situation we had in February 2016. At that time, Bitcoin produced a 4,900% return to investors.

Will the same happen once again? If the golden cross stands, Bitcoin could go on to produce investors enormous returns. The majority of asset class will never bring such return.

A golden cross is a powerful indicator that an asset’s price is going to grow. Opposite, a death cross is an indication that an asset will decline in price.

ROI (Return on Investment) of Bitcoin was 7,870.79% on the date of 3/8/2019. At the same date, the market cap was $192,025,701,130. The 24h value was $17,827,812,399.

Before the previous golden cross in February 2016, the Bitcoin was priced at just about $400 per BTC. But after the golden cross was formed Bitcoin brought 4,900% in returns as it hit $20,000.

When the golden cross appears, the asset will need approximately a year and a half for that, so it might happen in December 2020. Yes, it will take some time for BTC to achieve highs above $500,000 with rising in percentage as this one is.

Mike Novogratz states that even ordinary investors have to invest 2-3 percent of portfolios into crypto. But, he cautions that they should get “real nervous” if they see the bitcoin price drops below a key level.

This investor had foretold that bitcoin would consolidate in a range set by $10,000-lows and $14,000-highs.

The bottom line

You might think that the market cap of BTC must be very massive to reach this price. Also, it is pretty impossible to see that huge return again soon. But Bitcoin knows how to surprise us. So, everything is possible.

The moving average on the three-day BTC/USD chart is on a constant upward trajectory. This trend may stay in the future.

Seasoned traders call this long-term bull market signal a lagging trend indicator. The moving average studies are based on historical analysis. But, we have a low capacity to predict how this asset will behave in the future since the golden cross was seen only once. All we know is that this indicator is a very powerful indicator of bulls trends.

If history repeats, this sign will confirm that soon we will see a true record rally. The one that will go far over the previous maximum.

4th August 2019
5G Opportunity For The Investing Big Time

4 min read

It looks 5G is an investment opportunity that arrives very rare. So, it is a great opportunity for all who know how to recognize it.

The biggest investors are already taking their place there. They are putting hundreds of billions of dollars in cell tower companies.

For example, Bill Gates and George Soros. They both bought big positions in one cell tower company last year. Their example is followed by Paul Tudor Jones, Jim Simons, and D.E. Shaw. All of them rose their holdings on G5 stocks. Position Number 1 belongs to Warren Buffet, Carl Ichan, Paul Singer. They have been invested earlier.

The overall 5G industry is estimated at almost $12 trillion.

And this is just beginning.

Masayoshi Son, the Korean-Japanese investor, believes that 5G is a bigger opportunity than Alibaba. For those who don’t know, he invested $20 million buying a 30% stake in Alibaba while it was just a small Chinese company. Today his investment is worth $108.7 billion. Would you like to calculate how many it is multiplied? To add more pain in your life, over 5,000 times. That’s how much his investment has grown over 28 years.

And that investor said the 5G is a much bigger investment and it is “just the beginning” as he stated.

Masa Son holds 5G is crucial for technologies like robotics and AI.

He’s already put $100 billion and he intends to invest $100 billion more every two years. Masa Son is investing his billions in 5G and the internet 3.0.

How can you position your portfolio for this 5G volcanic growth?

You can invest in companies.

No, Huawei is not a choice. You cannot trade Huawei because it is fully owned by company employees. The consequence is the company is not traded on the public market. So, you can’t invest in it. But keep an eye on this global second-largest smartphone producer.

Qualcomm

But you can trade, for example, Qualcomm. Its CEO Steve Mollenkopf described 5G as a technological revolution that will have a great influence on our lives. He said this wireless network “will have an impact similar to the introduction of electricity.”

Yes, you can invest in Qualcomm.

As we already wrote, high-tech stocks are always a good choice.

Qualcomm Inc. shares dropped a bit on Thursday in premarket trading.

Qualcomm develops wireless communication technologies, software, and chipsets for wireless network equipment and mobile devices. Its development strategy covers 4G, 5G and Wi-Fi technology. The company is very engaged in the development of 5G.

Qualcomm market cap – $80.6 billion.

Ericsson

Also, you can invest in Swedish Ericsson. It is on the head of 5G hardware development. It participates in tests and research with mobile operators all over the world.

With Ericsson’s 5G radio prototype you have access to 5G wireless network. It is included in real-world tests in the United States, South Korea, Japan, and its homeland. The prototypes combine a bunch of high-tech, like a new antenna and receiver, to provide 5G to existence. Ericsson pays attention to the development of 5G technology also sings continuous improvements in its 4G LTE equipment business.

Ericsson market cap – $26 billion.

Nokia

Nokia is a good choice too.

It is a Finnish telecommunications equipment and data networking company. It has begun high-level trial on new 5G access outputs.

It is valuable for global mobile operators. At the beginning of 2016, Nokia obtained a 91.8% control stake in Alcatel, a French telecom equipment company which has own high-level 5G development program. This acquisition may have a great influence on Nokia’s 5G development plans.

Market cap – $32.8 billion.

The bottom line

Cash in on the biggest investment chance since the electricity arrived. Wireless infrastructure stocks can make you rich as Midas. Just take advantage of 5G opportunity and invest in companies that are involved in developing or infrastructure.

The early investors already did. Don’t waste your time.

2nd August 2019
Where To Find Investors For Startups

An old story tells that almost all important brands begun as startups. Is it really true?

By Gorica Gligorijevic

Startups and corporate venture capital are yet underestimated and discredited category. The entrepreneurs are broadly seen as capricious and attached with dishonest strings. In some people’s minds, startups take the money and have protection from a powerful partner.

Is it true in real life?

Some researches show that corporates are becoming more skilled at working with startups. It is a kind of out-sourcing. The fact is, big companies invested more than $50 billion last year into startups. The year before their investment was about $36 billion.

It’s similar to Europe. You can read about very powerful companies like Bosh or Daimler that investing in innovative startups. The point is to stay in the game and it is easier to financially support some small startup than to develop the whole new section inside the corporation.

Many big companies began as startups

For example, Lyft is one of those startups, also Monzo, Bolt, etc. You just have to look at the giant’s investment portfolios.

But, it isn’t the main subject. It is good to have such big corporations ready to invest in venture capital. The problem is if you are an entrepreneur, which company is ready to invest in your business, what is their interest, how to contact them. If you want to invest in Europe you will need some valuable information. So, Traders-Paradise recommends Dealroom, where you can find fantastic data.

We will present you with the list of three but with the promise that we will update.

Robert Bosch Venture Capital

Its headquarters are in Stuttgart, Germany. As the sub-organization of Robert Bosch, it is normal that engineering technology is their focus. Its investments in AutoAI, Actility, Movidius, etc are well-known. With offices in Stuttgart, Frankfurt (both Germany) and Tel Aviv, Shanghai, and Sunnyvale in California, US we can say it covers almost all continents.

The company says about itself:

“With offices in Europe, Silicon Valley, China, and Israel, we are working with Deep-tech companies worldwide. Having our investment sweet spot at an early stage we are also looking into later-stage companies, as well as seed-stage in selected cases. We prefer to syndicate our investments with existing or new investors in the company and can take the lead, co-lead or follow as necessary. Beyond the financial commitment, startups receive access to our vast network and support in commercial collaborations. Up to EUR 15m per company for 5-25%, Equity Position and 100% Commitment”

When they are investing in startups and venture capital their focus is on AI/Deep Learning, IoT, Distributed Ledgers, Analytics, Next Generation Computer Architecture, AR / VR, Mobility Solutions, Autonomous Driving, as we found on their website.

Novartis Ventures is one of the startups

Their headquarters are in Basel, Switzerland and they operate as sub-organization of Novartis, a multinational pharmaceutical company also based in Basel. They already have been invested in Nabriva Therapeutics, Proteus Digital Health, Galera Therapeutics, etc.

The essence of their investment strategy we found on their website:

“Our primary focus is on the development of novel therapeutics and platforms. In our investments, we look for unmet needs and clinical impact, novel proprietary science, and understanding of the mechanism, management, and board experience and capital efficiency in the program. Foster innovation, drive significant patient benefit and generate superior returns by creating and investing in innovative life science companies. NVF is stage agnostic, engaging in investments from seed- to later-stage life sciences companies across Biotechnology/Biopharma. NVF manages over $800m in committed capital and more than 40 portfolio companies across North America, Europe, Israel, and Asia/Pacific. We invest in North America, Europe, Israel, and Asia/Pacific with approximately USD 800 million under management in committed capital and more than 40 portfolio companies. We continue our strategy of making larger focused investments and anticipate total investments up to USD 30 million per company over its life. We make equity investments in Biotechnology/Biopharma life sciences companies. NVF is stage agnostic and engages in seed investments as well as later-stage investments. We typically lead or co-lead an investment and play an active role on company boards.”

So, you can see that health is their focus while investing in startups.

Swisscom Ventures

With headquarters in Zurich, Switzerland operates as a sub-organization of Swisscom. Their business focus is on communications. Since now, they have already invested in startups like SimpliVity, Symetis, Quantenna Communications.

What they say about their investment strategy Traders-Paradise found on their official website:

“We are investing in Swiss and global technologies to foster digital transformation. More than 40,000 new companies are set up in Switzerland every year. We look in particular at the Swiss high-tech companies and University Spin-offs as they are fundamental contributors to the economic growth and innovation of Switzerland. We are typically leading or co-leading financing rounds from the early beginning and also take board seats. As a strategic investor, we offer entrepreneurs to access a broad range of portfolio services in addition to financial support. Those comprise the use of Swisscom’s technical infrastructure but also access to market channels and key experts in the lines of Business.”

They say about their investment focus:

“Artificial Intelligence – Digital applications utilizing artificial intelligence technologies and that are deployable across various industry sectors including data-driven internet services

Cybersecurity – Advanced applications and tools to protect the integrity of networks, programs and data from attack, damage or unauthorized access

Telecom and IT Infrastructure – Next-generation IT and cloud technologies that constitute the backbone and underlying enabler to the digital transformation comprising software, hardware, and services”

How to start up your own bussines

Just take a look at the list of supported startups and you will see how good is to have the strong arms behind you when starting your own business. Sometimes it looks really hard to find an investor to give life to your good idea. But, did you try? How many contacts you have? On how many doors were you knocked?

Just don’t sit in your room and don’t cry how nobody understands you.

Take the initiative. Be proactive! And have confidence in your abilities. Who never try, never knows. Try! And the door will open to you. Find an investor!

Traders-Paradise will update the valuable information of this kind.

1st August 2019
Procter & Gamble shares jump over analysts estimates

3 min read

Procter & Gamble shares recovered Tuesday. Its earnings exceeded expectations after removing out the influence of the charge. So, this company is looking for fiscal 2020 with more optimism. Procter & Gamble shares have risen nearly 44% over the past year.

The company reported earnings per share $1.10 and expected revenue at $17.09 billion.

Wall Street expectations were different, analysts predicted P&G earnings per share at $1.05 and expected revenue at $16.86 billion.

P&G reported a fiscal net loss in the fourth quarter of $5.24 billion. It is $2.12 per share. Also, they reported the net income of $1.89 billion, or 72 cents per share, for the previous year.

Procter & Gamble problems

The main cause of the loss for the quarter ended June 30 was the one-time cost to write down the value of Gillette. The company $8 billion write-downs of its Gillette brand.

Keep out details, P&G gained $1.10 per share, defeating the $1.05 per share which was the experts’ expectations.

Net sales grew 4% to $17.09 billion, beating predictions of $16.86 billion.

The sales volume of the Gillette brand dropped during the quarter. The same had happened to Braun and the Art of Shaving brands.

Organic sales increased

But its organic sales had a positive result because of the price rises, it increased by 7% over the quarter. Expanded sales in developed countries helped too, Tide and Ariel are very popular in those days.

G&B health-care and beauty products, line SK-II and Olay, also performed well.

The organic sales of Pepto-Bismol and Crest toothpaste jumped up to 10%. Also, the other health care products like Vicks and ZzzQuil increased in the sale.

And, what is interesting, its laundry and dishwasher brands reported sales increase of 10% in the quarter.

The forecasts

The company stated it awaits fiscal 2020 revenue growth by range 3% to 4%. This adds a small negative influence from foreign currency. Wall Street was predicting fiscal 2020 revenue of $69.76 billion, up 3.5% from this year.

Also, Wall Street prediction is earnings per share to rise by 4% to 9%.

“Our guidance range brackets current market growth with a bias toward continued share growth, while still expecting a strong competitive response,” CFO Jon Moeller told analysts on the call, reported CNBC.

The company stated that its current forecast for commodities, foreign currency, transportation, etc. is supposed to end in a “modest net benefit” to earnings growth in fiscal 2020.

Experts were predicting that the company’s adjusted earnings next fiscal year would rise by 5.1% to $4.75 per share.

The beginning and the future

Procter & Gamble was founded as a family business in 1837. It was kind of the family uniting after they married two sisters Olivia and Elizabeth Norris. Both William Procter and James Gamble were immigrants.

Candlemaker Procter, born in England, and soapmaker Gamble, born in Ireland. Of course, the company with their last names was selling candles and soaps at the beginning.

Fun fact: They were sponsors of radio shows all around the US. That’s how the phrase “soap operas” was born. From Ohio all over the world.

Today it is one of the biggest companies on the globe.

How did they come to this?

They operated very smartly, they bought various brands all over the world. Gillette, Old Spice, Max Factor, Crest, Pampers, Ariel, Tide. That is a smart diversification.

This company is employing more than 120,000 people all over the world and own more than 80 brands.

Should you buy their stock? OMG, for sure!

31st July 2019
Israeli UBQ Is Going To Save The Planet

3 min read

You have already been reading about socially responsible investing. Traders-paradise, also, wrote about it, you can find it if you join our Investing course.

Socially responsible investing, you can find under the names: social investment, also as sustainable, socially conscious, “green” or ethical investing.

It is an investment strategy which tries to view both financial return and social or environmental good. That means to produce a positive change in both fields.

Socially responsible investors have different aims for their investments. But one thing is crucial, they always examine moral, human, environmental and governance standards as well as a financial return.

They are focused on companies which manage a business that have a socially positive impact.

They may venture investments, that will provide important social or environmental goods. To this corpus goes community development loan funds or portfolios with cleantech.

We found some interesting story in Jerusalem Post. It is all about socially responsible investing.

Despite growing attempts to recycle rejected household goods, the final place where it ends is a non-regulated garbage dump. That may cause vast ecological problems. The methane and other very dangerous gases are delivered to the atmosphere. Yes, everyone is considered about it but there are not many companies that really take care of it.

One of them is Israeli UBQ.

It is based in Kibbutz Tze’elim and founded last year. This company found the solution on how to convert the household garbage into “the thermoplastic material that can be used for commercial and industrial products instead of petroleum-based plastics.”, published in the Jerusalem Post. This fresh company already earned notable attention almost all over the world.

“We have created a new natural resource from the household waste that ends up in landfills, avoiding its decomposition into harmful gases, while replacing scarce and expensive plastic materials made from oil,” UBQ co-founder and chief executive Jack (Tato) Bigio told The Jerusalem Post. “That’s a blessing to the industry. Many companies in the last 10 to 20 years have emerged with solutions that turn out to flop in one way or another. Never again,” he added.

What UBQ Materials exactly is doing?

“What UBQ is doing is taking all these valuable materials that are thrown away and bringing them back to life in an up-cycling way,” said Bigio. “We’re replacing a very expensive and scarce resource, and all of a sudden coming much closer to a truly circular economy. The value proposition is incredible.”

And here is the proportion: creating one ton of UBQ is equal to the melting of 35 sqm. of Arctic iceberg, or the seizure of almost 550 trees over 10 years old. For every ton of UBQ Material used, up to 15tons of CO2eq is saved.

Can you imagine?

UBQ’s international advisory board

The company’s scientific advisory board consists of Nobel Prize winner Prof. Roger Kornberg, nano-tech specialist Prof. Oded Shoseyov, patent practitioner Dr. Ilan Cohen, sustainability pioneer John Elkington, and here is also a former EU commissioner for climate action Connie Hedegaard.

And how this innovative technology is connected to investment?

“One of the first rules of sustainability is being cash-flow positive,” said UBQ chief sustainability officer Christopher Sveen. “If you want to change markets, you need to have an economic incentive. People will be incentivized by environmental propositions, but financial competitive nature accelerates the adoption cycles. We’re less expensive than plastics that come from oil.”

The first investors in UBQ are Sabra Dipping Co. founder Yehuda Pearl and Ajover Group CEO Albert Douer. Douer already owns 16 plastic factories in eight countries.

Why sustainable investments is so important?

The importance of sustainable investments is growing. The proponents of a sustainable investment strategy claim that they generate outperformance.

One thing is sure, the returns generated by socially responsible investing are bigger.

Socially responsible companies treat their employees in a good manner, produce healthy products.

In this type of business, investing is not just about getting a profit. It’s about raising of responsibility and sustainability.

Traders-Paradise found on their website: “UBQ envisions a world where finite resources are infinitely reused. In this way, we aim to help rescue the planet.”

The bottom line

Socially responsible investing enables you to invest your money in the right place.

Invest in companies that are not going to destroy the environment. By investing in socially responsible businesses you’re keeping your plate clean and safe. Your food, your lives, your children’s lives depend on that.

Moreover, you will earn more. Recently, some academic research revealed a strong connection between ESG and financial performance. Just because a company is building a more positive impact, that does not mean they are producing a less return. Research has suggested that socially responsible focused companies are more sustainable in the long-term.

The statistic shows that 89% of investors in socially responsible companies claim these are meeting their return expectations.

If you want to become a socially responsible investor, you should do that with a robo advisor. There are other ways, of course, but this is the easiest one.

Some of the most popular robo advisors have socially responsible investing tracks, focused on ESG (Environmental, Social and Governance). With as little as $50 investment you can start with a robo advisor focused completely on SRI.

30th July 2019
UK Getting Ready to Trick or Treat the No-Deal Brexit

2 min read

by Gorica Gligorijevic

After assuming the office of UK Prime Minister, Boris Johnson is pushing with preparations for eventual no-deal divorce from EU on October 31. The news caused a negative impact on the British pound.

Some people would say that it was the writing on the wall, but actual writing in the Sunday Times brings confirmation that things are afoot. Things and plans which previous UK PM, Theresa May, not only avoided but actively suppressed and fought against. The UK is getting prepared for the potential no-deal Brexit.

After a reshuffle of his Cabinet, in which Leavers have remained and Remainers have left, PM Johnson has appointed Michael Gove to mistrial position of the Chancellor of the Duchy of Lancaster and charged him with preparations for the no-deal exit from the EU. Gove has laid out his intentions in the op-ed in the Sunday Times July 28 edition.

“With a new prime minister, a new government, and a new clarity of mission, we will exit the EU on October 31st. No ifs. No buts. No more delay. Brexit is happening,” he wrote. With the leaders of EU determined to keep to their current approach to the Brexit, Gove is certain that “no-deal is a very real prospect” and that the UK government is now operating under such assumption.

Chancellor of the Exchequer, Sajid Javid, in his op-ed in the Sunday Telegraph has announced additional funding in excess of £1 billion pounds, on top of the £4.2 promised by the previous PM after the 2016 Referendum.

“Yes, we want to leave with a good deal – one that abolishes the undemocratic backstop,” Javid wrote in The Sunday Telegraph. “That would be better for the UK, and better for the EU, and work is already underway to achieve this.”

The British pound continues the slide

Despite this news, the British pound is taking the hit against the US dollar. Having fallen to the 1.2375 parity, lowest since April 2017, the pound has slid almost 17% against the USD.

And despite all the sterling effort, the UK government might put in staving off the worst outcome of Brexit, the outlook for the pound is not promising. With the Office of Budget Responsibility fiscal stress test predicting a year-long recession after Brexit, the pound is looking to continue the slide.

Downturn which may easily reach the 25% drop versus the dollar since 2016 Referendum, as predicted by the Bank of England in the worst-case scenario of no-deal Brexit.

The GBP/USD pair erased more than 100 pips for the week. It is very possible to start this week with gaping lower.

Support levels: 1.2375 1.2330 1.2290

Resistance levels: 1.2420 1.2460 1.2505

29th July 2019
The Best Time to Add Crypto Asset to Your Portfolio – BTC breaks $10,000

A digital currency similar to bitcoin called crypto-asset could be a good pick to trade

By Guy Avtalyon

If you missed getting bitcoin, this is the best time to consider and add this crypto asset to your portfolio. This crypto asset has a powerful recovery in 2019: Bitcoin. We can see on the BTC charts and from the market, bitcoin is now one of the best assets since it recovered at $10,000 again in 2019. It happened last month and it looks like it will stay there or climb more.

Bitcoin grows approx 163% this year. Most importantly, this time the basics are different.

Can you see that frenetic fight among banks, technology, and financial companies? Everyone wants to develop the blockchain.

We already wrote about Facebook, but there are more. Google, Square, Goldman Sacha are also the companies that invested in projects to provide a mass adoption of blockchain.

Bitcoin’s new rally could be more powerful than ever. How is that possible? The crypto traders and investors already know what creating of own crypto may cause on the market. Twitter is on its way to include bitcoin and other cryptos into its payment, Square. It is the question of the moment. We will not wait so long to see that.

Facebook announced its plans to introduce its own cryptocurrency, Libra.

Fidelity already offers to its traders to trade BTC. Amazon is very close to offering the same possibility but at the same time, they are developing their own crypt asset.

Moreover, crypto asset-backed ETFs are preparing to enter the market. That will be a really new investment class.

What is crypto-asset?

It is a digital currency similar to bitcoin and based on blockchain technology. How things look now, it will enter a bull market. This new asset is getting strong popularity!

This hype can be compared with the time of Internet adoption.

In the beginning, it was treated as a fancy freak. Do you remember that time? Okay, someone can, but someone hadn’t been born in that time. The point is that the introduction of the Internet gave a chance to many companies to be created. For example, Google or Amazon, and many others came later. The mentioned companies are among the top market listed firms.

And now, we are witnesses of the creation of the new crypto-assets based on blockchain technology.

Maybe this is a chance for you to add crypto assets in your investment portfolio. Yes, the crypto market is volatile. But it is a chance for traders to make a profit.

Bitcoin is a volatile investment, that the truth. From $20,000 in December 2017, it dropped at a bit above $3,500 next year. It was almost a $17,000 decrease. But this year Bitcoin is doing well. It recorded (and still do) steady climbing in value. Now it is traded around $10,000. Who didn’t sell bitcoin at $3,700 can make a nice profit now.

How can you as ordinary investors get in on this the most profitable odds? How can you enter the crypto asset market?

If this is an unknown field for you, you should find some guidance, you have to find some trusted expert to guide you through the market volatility to the possibilities.

Why is this so important?

Let’s say, you don’t have a lot of knowledge about crypto assets. So, how could you profit from them without that? You can find more than 2,000 assets in the market whose total value is about $250 billion.

Which crypto asset to trade? How to pick?

Wild value fluctuations happen and you may stay confused where to invest. Don’t worry, everything will be more clear very soon.

The best part is that even the investors with most suspicious can see now that crypto is here to stay. It will not go anywhere or totally disappear. The technology behind digital assets is even more firm.

Traders-Paradise wants to give a few examples of the crypto assets which you should buy.

On the top is Bitcoin. BTC should be a central asset in your portfolio. If you still don’t hold it, it is the time to include this asset to generate really high profits because the prices will grow. So, the time to buy is NOW.

You have to pick the most future proof coin. Some will tell you it is Binance Coin, issued by Binance exchange. The price of BNB tokens will be a good test. Stay informed about it.

Some others will suggest it is NEO. It will finally expand to add other cryptos and fiat. It can be one of the most interesting and hopeful purchases. Or Stellar! The guarantee plus is a connection to IBM. Further, Ethereum. You will never go wrong with Ethereum. And also, there are Litecoin, Dash, Ripple, Monero, Bitcoin cash, etc.

Bottom line

If they sound like investments you would like to have in your portfolio, what are you waiting for?

Never mind.

You have to know that some of the biggest world companies are establishing blockchain. But the most important is that the number of companies is increasing. The power of crypto assets to make money is unquestionable.

Take your place on time.

26th July 2019
Boost Earning Potential – How To Do It?

How to boost your earning potential? Here are several ways how to do that.

By Guy Avtalyon

Yes, earning potential is the highest salary for some professions. Are you ready for that? How to reach it? Why they won’t pay me that? Am I an stupid idiot who doesn’t deserve it? I am dying on my job, why I don’t have the biggest salary?

S**t happens.

No, that is the wrong answer.

The truth is that you don’t know how to boost your earning potential.

Well, you are not stupid but you never have thought about salary in this way. Your earning potential scenario was something like this: When I finish school I’ll find a job, and after many years of hardworking, I’ll make some progress and become the part of the management and my bosses will pay me more.

Good scenario indeed. Do you have the biggest salary in your company or you are still struggling and you are living paycheck-to-paycheck? Are you waiting for the next payment? Do you have a second job? Part-time one? Another full-time engagement?

And are you waiting for the Friday eve to get drunk?

But your life doesn’t have to look like that. You deserve the better.

You’re living paycheck-to-paycheck.

Maybe, but just maybe, you have some savings. It is more likely that you are looking for ways to earn more. Do you want to boost your earnings? Of course, you want. I know that. So, where is the problem?

Oh, sorry! You know only one way to boost the earnings. There is the key. What if I tell you there are so many ways to do so?

Spending infinite hours every day in trying to survive isn’t the only way.

To be clear I am not one of the believers in the Law of Attraction. That’s BS.

But I truly believe that if you want something, really want, nothing will stop you to achieve that.

Also, I know it isn’t enough. If you only have the wish and do nothing, nothing will happen.

How to boost your earning potential?

First of all, do you really know your real earning potential?

I can bet the majority don’t know. You have to utilize your skills where they are valued most.

A Google search using the words “earning potential’ will give you plenty of opportunities and ways as a result. Some of them are very stupid and impossible to realize, trust me.

If you want to boost your earning potential the first thing you have to do is to figure out what is your skills. What is the field where you are the best, where you are feeling comfortable and have control of the major situations that can arise? Okay, you understand the point.

Let’s say you have a job. But the salary is the same almost all the time. Years and years with no progress. Can you be familiar with this? You are of my kind, honestly.

Let me ask you something.

How to ask for a raise?

Why not?

It should be a normal thing. But you must have some arguments in your hands. As a must, you have to check how much others are paid for the same job in some other company and compare it with your case. When you find they are paid better, tell that to your boss and point to your advantage, how your work and engagement provide better results to the company. Tell your boss that you are outstanding in your field but underpaid. Well, you have to be reasonable and understand that the rise in your salary will not come overnight. Bosses and companies have their own financial plans. Show that you understand that because you really can. In most similar cases, the answer will be positive.

But to repeat, you must have arguments, the wish isn’t enough. Arguments mean that you are truly aware of your qualities. Moreover, you have them and you showed them numerous times. So, ask for a raise to boost your earning potential.

If your boss disagrees with you, you have two other choices. One is to stay at your current job and wait for the other opportunity, and the other is to start finding a better-paid job in some other company. Sometimes big companies have internal job ads. Stay tuned, ask around and you will find something. A friend of mine is a high positioned manager thanks to an attitude like this.

Explore new opportunities for earning potential

Recently I read some surveys. Very interesting thing. That survey exposes that your salary may grow even 20% if you change your job. Changing a job is a great opportunity. Along with your salary raise, you will also have a chance to do what you do best.

Switch your job!

Yes, you might be more occupied but you will be paid better. The new job and new position will lead you to the promotion of your abilities.

Dear, you are just one step away to boost your earning potential. Do it!

If nothing helps, start a side job. It can be anything from your own business to the stock market. There are so many ways to make money outside of your current job.

The most important is to step away from self-pity. There is no time for wallowing in sentiment.

This is the only life you have one and it has no repetition.

25th July 2019