2021年3月29日星期一

Suez Canal Still Stuck - Billions lost every day

Oh, and US Strategic Command might have been hacked
Did we move too fast on Friday?

What looked to be another day headed south ended in a frenzy of buying and a higher close in the broader market...

This is good, but this is volatile.

And this is the market as of late...

I'd talked to some Rogue Investing subscribers over the weekend about this, and some were still worried about inflationary pressures.

A legitimate concern, but taking a look at the bigger picture is important here...

Today, Dr. Moors covers the subject in depth with his latest article and gives his insight into what it all means as well as how you can profit from it...

Take a look below.

Keep moving,
Everyone wants it and the masses are flocking to it, but what's the outlook for cryptocurrency?

Chris gives some insight into both the bullish and bearish case for crypto... And the number one thing that could change it all.


Click here now to watch Episode 16: "The Future of Crypto" of Hood Talk with Your Personal Options Coach Chris Hood.
WORD ON THE STREET
Spring Break '21, Big Sue, Mortgages and Crypto?

  • Cash Crypto Back Mortgages - Cryptocurrency and Bitcoin naysayers are losing the argument that digital assets have no utility, especially now that Mogo (MOGO) has decided to include Bitcoin in its rewards program. The fintech company announced early this morning that "MogoMortgage" members now have the ability to earn over $3000 in cash on new mortgage loans which will be deposited to their Bitcoin and Rewards account. Sorry, Treasury Secretary Janet Yellon, Mogo is Canadian.

  • Oil Tanking - A bout of profit taking has occurred due to progress being made at the Suez Canal. According to reports, the spike in prices from the shipping bottleneck will likely ease sooner rather than later and this week's OPEC+ meetings get underway. Headed up by the Saudis who have provided production cuts to adjust to the pandemic, some experts have stated that continued cuts could be out of the question, although new lockdown concerns have others stating the opposite. In other words, no one has a clue.
HOT SPOTS: What's going on in geopolitics

  • German/Russian Alliance?: If there's one partnership that would shift global power, it would be this one. At least 100 vessels operated by the German navy have been fitted with a Russian-made navigation system. According to the newspaper Bild am Sonntag, the encryption system doesn't comply with NATO standards. Is Germany sending a message to NATO or is this just an oversight? Some think German and American interests have been diverging over the Nord Stream 2 pipeline from Russia to Germany.  

  • Another Anti-American Axis: China and Iran signed a 25-year "cooperation agreement" which solidifies economic and political ties between the two countries. It is seen as a powerful rebuke of the United States, which has sanctions on both nations. Chinese Foreign Minister Wang Yi said the relationship between China and Iran has "now reached the level of strategic partnership."

  • Did Someone Hack Into Strategic Command?: Well, at least U.S. Strategic Command is holding up under these new challenges. Isn't it? Uh... The official Twitter account posted the mysterious message ";l;;gmlxzssaw" last night. Though the account quickly assured users that everything is fine, everyone who has seen "War Games" is hyperventilating right now.
CUTTING EDGE: What's Happening In Tech

  • New COVID Origin Date - Molecular dating tools and epidemiological simulations have found that the novel coronavirus may have been circulating much earlier than initially thought. How much earlier? It could have been as early as October 2019. It's another reminder of how much we still don't know about the disease that's upended our lives.

  • New Stem Cell Trial Underway - Stem cells, in theory, hold the promise of curing some of the world's most devastating diseases. However, actually getting them to work therapeutically is another matter. There some progress though - "NeuroNata-R," a stem cell treatment already approved for treating ALS in South Korea, is entering Phase 3 trials in the United States. Enrollment is reportedly already underway.   

  • Ancient Mystery Solved - The Antikythera Mechanism is one of the greatest mysteries in archeology. Seemingly an ancient computer, it was discovered in 1901 as part of a shipwreck. It has been estimated at about 2,000 years old. Until now, no one has known what it did. However, researchers from University College London may have solved the mystery. A mathematical model shows that the machine was probably used to predict the position of the moon, sun, and five planets. It also could predict when an eclipse could occur. Those ancient Greeks... was there anything they couldn't do? (Besides defeat the Romans.)
Who knows what other wonders/eldritch terrors lie undiscovered?
FOR YOUR CONSIDERATION

"If there is one factor today overshadowing everything else confronting investors it is the concern over inflation. Most would conclude that there is nothing more likely to tank a bull run than rising prices. Well, not so fast."

The market is swinging wildly on fears of inflation... but is the threat real? Dr. Kent Moors is here to tell you what's really happening.
BEFORE THE BELL
With the recent optimism in the global recovery, cruise lines haven't had the rapid rise many hoped for and are still below previous highs.

Royal Caribbean (RCL) is one of them... But the chart is showing some bullishness.

We're looking at the weekly chart going back three years.

To the left, in the gray box, there's a gap from last year's fall out with a gold horizontal arrow pointing to the right...

What are we looking at? A bull flag, drawn by the gold trend lines.

A strong break above the $100 area is likely to fill that gap around $110-$115 and the setup looks good, but I'd wait for that break before going long.

-Corey

(Disclosure: I hold no position in RCL.
)

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