Good morning!
Oil took a nice, sharp dip after attempting $48.50 again - so internally weak.
/RB made it all the way to $1.65 and that's that for that play.
Dow right at our shorting line (22,850) but need confirmation:
2,450 is the /ES line.
5,875 on /NQ
1,375 on /ES
Dax over 12,250 is bullish so no bear plays if it's over:
And Eurostock 3,460 (since 3,500 is not going to happen):
Big Chart - RUT needs to get over 1,378.35 (200 dma) to prove things are turning up. NYSE nees the 50 dma at 11,837 (20 away at the moment) and SPX needs 2,450 - same as the /ES line.
I am batting 1,000 on penny stocks, check out GRNBF:
Submitted on 2016/04/22 at 12:38 pmSpeaking of penny stocks, the guys putting out GreenCoinX(sorry BDC) are actually listed as GRNBF, a penny stock trading at 0.184 at the moment (I have 20,000 – mentioned it a while ago). The difference with GreenCoinX is that it's NOT anonymous and that means, MAYBE, they will have an easier time being accepted by Governments, which matters a lot in the 3rd World, where they are targeting their business as an on-line bank alternative. Their limit is supposedly 200M coins and they are currently trading at $1.15 and GRNBF has 60M of them as an asset. They charge no fees and don't make money on the use of the coin – just if the coin makes money.
I may interview these guys in a week or two and I'm not suggesting that this stock is anything more than a craps roll BUT I like the discount that owning GRNBF gives you to the currency as, in theory (if GreenCoinX were widely traded) they own $69M worth of coins yet 0.18 values the company at less than $3M so it's the 20:1 discount to THEORETICAL value that makes it interesting to me.
