I am seeing lots of evidence that commodities are making a comeback. In John Murphy's Intermarket Analysis book...he discusses commodities usually really get going towards the end of the business cycle (and close to market tops).
The Trader's Plan did pretty well last year when Copper, Uranium and other commodities went parabolic. Copper is still leading but Gold is looking really strong and all the others are looking to follow suit.
I just recently took some profit in miners and some oil stocks but am waiting for several of them to pull back again for possible longer term trades.
In this video I am going to show you....
1. An in depth technical analysis of the dollar and how it is negatively correlated with commodities
2. 5 Commodities that are showing promising signs
3. exactly how I would play each one (enter/exit)
4. Why you should consider over commodities as a 2nd half of 2017 trade
5. 2 commodity trades that I recently took
PLEASE DONT GO OUT AND BLINDLY BUY ANYTHING I DISCUSS HERE. Watch this video and do your own homework
PS. Learn how to time the bottom in stocks https://members.thetradersplan.com/weekly-reversal-1
There are 3 major pitfalls with reaching consensus around the outcome of an event.
These fully specified, manipulation resistant, and publicly verifiable events form a necessary foundation for sound prediction markets. Without this foundation, prediction markets are subject to confusion, manipulation, and abuse. Though sometimes tricky, many prediction events exist that satisfy all of the criteria listed above. As the world moves forward into the realm of decentralized prediction markets, it will be important to keep in mind the pitfalls associated with many naive prediction events.
Sia , by Nebulous Inc., is a blockchain-based decentralized cloud storage platform.
Capital Markets Blockchains Are Finally Getting Go-Live Dates.
Assembled in New York this week, a handful were even confident enough to give firm timetables for production. For those tired of blue-sky talk, it was refreshing to hear large-scale financial infrastructure projects discussed openly and frankly, in clear terms of where they are and when we can expect to see things going live.
Underscoring the seriousness of the undertaking, ASX recently produced an 87-page progress report. Roll-out is targeted for late 2020 or early 2021.
In the weeds.
The enormity of such a project may not be obvious to those unfamiliar with the creaky plumbing of the capital markets.
At the completion of phase one, DTCC will have nodes set up internally for every firm that it knows will run one, plus some general nodes that will take care of supporting the transactions and processing for the firms that do not wish to support a node of their own.
For this project, DTCC has taken a multi-vendor approach. Ethereum-inspired startup Axoni is providing the technology, with IBM helping to manage the project, and R3 providing best practice guidance on areas like selecting the right data models.
Luxembourg is the largest fund management hub outside of the U.S. The jurisdiction holds many trillions of dollars worth of assets under management.
The KPMG-led project includes banks like BNP Paribas, Credit Agricole and others, as well as over 400 asset managers. The technology used is ethereum-based Quorum, the popular open-source project run by JP Morgan.