All posts by Sumeha Rewar

Day Trading

12 Mistakes that will make you awful at day trading

Hey, we’ll be the first to admit it. It’s pretty easy to screw up day trading if you have no clue what you’re doing. However, there is also a lot of good that can come from becoming a good trader. So, how do you do it? First off, avoid making any of these mistakes and you will have an edge on most of the beginners just trying to figure out the stock market.

1 – Jump In Without A Price Target

Here’s a quick way to tip off others that you are clueless about day trading. Buy a long position without any goals in place. Don’t bother considering what level of profit you would like to see or the stop-loss level you can live with if the trade goes south on you. By not having price targets set to work within, you get to prove that you are not very good at money management.

2 – Impatience Is Golden

You may spot them. You know, those traders that sit idly by their computers watching and observing things. They pay attention to details and plot their next move. That’s pretty dull and far too organized for you. Ignore those guys and just go nuts. Trade all day, every day and you’ll see a lot of action. You’ll also show those other guys that you really are off the chart.

3 – Order Often

Again, there’s day traders who sit and think and strategize all freakin’ day or week. They say it’s because they are carefully planning their trades. That’s dull and boring. The only way you’ll get ahead is to click the order button frequently. The more often you do, the more trades you can get in action. It’s a move that will get you noticed and people will start to stare at you.

4 – Trade With More Than You Can Afford

Sure, the smart guys will avoid this move. They say it’s foolhardy. They claim it’s a ginormous stock market error that can set you back so far you’ll never recover. We say phooey! There’s nothing worth doing if you can’t handle a bit of serious risk every now and then. Well, unless you jump out of a plane and forget your parachute. Not using a trade budget is a lot like that.

5 – Stick With Only Stocks

Think about this for a minute. Why do you think it’s called a stock market? Why do you think it attracts day trading? That’s because day traders are interested in stocks. Some may say that you should mix it up a titch. You know, throw in Forex, options and some futures. That’s for pansies. Even penny stocks are more fun than those. When you day trade stocks, just do that. Then maybe someone will pick up on your moves.

6 – Always Second Guess Yourself

Do we even need to explain this? Whenever you suffer a loss in the market, it was probably related to the fact that you made a bone-headed decision. Day trading is not for losers. You need to win and win all the time in order to succeed. Ignore those traders who say otherwise. Unless they happen to drive a Beemer. Flipping back and forth on trades is also fun for everyone!

7 – Supply And Demand Is Just A Gimmick

There are a lot of traders who follow supply and demand data. Yuck! As if that helped anyone in business. As a day trader you are sort of a solo pilot. You don’t need no stinkin’ charts filled with data that only rocket scientists can decipher. Nope. You can make your own decisions and toss caution to the wind because that’s how the West was won…without gimmicks.

8 – Risk/Reward Ratios Are Too Restrictive

You’ll find a lot of beginners plotting something called a risk/reward ratio. A common figure used is 3:1. So-called experts call it a lose small and win big strategy. Well, we know where that’s going so to be any good at day trading you must avoid such nonsense. Go big or go home should be your motto and it’ll get others thinking that way as well when you start winning.

9 – Discipline Is For Criminals

The common thought about day trading is that in order to be successful at it, in addition to all the other bunk you’ve read about, is to be disciplined. In our mind the only people who should be disciplined are those who did something wrong. By being a free agent you have the ability to do whatever you please when day trading. It’s a lot more fun without a lot of guidelines.

10 – Blow As Much As You Can With A Big Trade

We find it amusing that those so-called experts like to push the concept of budgeting how much capital to risk in a single trade. They probably also slow down for yellow traffic lights. Back to our go big or go home philosophy, clearly there is some kind of discrepancy here. In order to get into the big leagues you can’t do it by taking just baby steps. Go all in or it’s not worth it.

11 – Never Trust What You See On The Internet

One of the biggest mistakes day traders make is to refer to Mr. Google for advice. With all the fake news out there you can’t be sure anymore if that news report about an oil crisis in the Middle East is even true. That’s why it’s always better to just spin a wheel, flip a coin or see your Tarot card reader before firing up your day trading computer for the day.

12 – Mistakes Teach You Nothing

Forget what they said in school about mistakes teaching valuable lessons. All mistakes are is reminders of bad decisions. The best way to avoid that is to never refer to a mistake with that term. On the offhand chance you have a trade loss call it a ‘financial malfunction’ which indicates it can be fixed. Blame shifting is king if you are a day trader.

Moller Skycar_ The Future of Transportation

The Future of Transportation has Arrived! Ticker Symbol: MLER

Skycars are the future. As a world, we have evolved from numerous ways of transportation ranging from walking, horseback riding, and eventually automobiles. Imagine opening your garage, putting your skycar in reverse, and taking off VTOL into the beautiful blue skies. No more traffic accidents, stop lights or stop signs, and you will not be late for your job. This once dream for everyone, is about to become a reality.

The personal automobile aviation industry is in beginning stages. Major corporations like Google, Uber, and Toyota have been working around the clock trying to become the first company to get FAA approval to bring their skycars to consumers. However, there is one company Moller International (MLER), which has been advancing skycar aviation for 35 years, has the patents and prototypes to be the leader in personal aviation. This is a new industry for investors that has not even been discovered. Everyone is always seeking that one grand slam investment, or a new sector that will have huge opportunity. Will Moller International be the next Ford, Chevrolet, or Tesla in personal aviation? Flying cars will eventually be the future of transportation, and you can be part of this journey.

Moller International (MLER), which was founded in 1983, has developed, designed, and manufactured personal vertical takeoff and landing aircraft. Moller has 4 prototype skycars that have been manufactured, and the M400 has been demonstrated in front of many investors and news networks. Besides the expierence, the main separation between Moller’s competitors are their unique Rotapower Engines. These engines are a Wankel rotary engine. The engines offer a low environmental impact in terms of noise, emissions, and fuel consumption.

A proven team of Visionaries:

When you consider what Moller has accomplished, their team is by far decades ahead of the competition.

Dr. Paul Moller- Chief Executive Officer – A true visionary who has served as the companies President since its formation. He holds a Masters in engineering and PHD from Mcgill University. In 1963, he was called upon by the University of California to spear head and form their Aeronautical Engineering program. In this program, he taught from 1963 to 1975. In 1972, he developed the SuperTrapp Industries which manufactured the most recognizable international name in high performance engine silencing systems. Dr. Paul Moller has put all of his own capital, sweat, and tears into Moller International (MLER) to make Skycars a reality for you and I.

George Stevens- Chief Engineer- Mr. Stevens has over 25 years of technical and managerial experience in developing rotary and two-stroke piston engine technologies and advanced control systems.

Mike Shanley- Director- Mr. Shanley has been a pilot since 1969, serving with the Royal Australian Air Force in Vietnam in 1971 and has been an enthusiastic supporter of the Skycar project since 1987.

Who would have thought at one time you could buy a digital coin named BITCOIN at .001, and it would be worth almost 20,000 in its lifetime? A majority of us missed that opportunity. Now we have the chance to be part of something special. Flying cars will be the future, and you can be part of this journey.

 

Disclaimer: The Author of this post, Scott Kaufman does own MLER shares and holds them long term as well as flips the stock for trades. His opinion should be considered bias. Awesomepennystocks.com also owns shares of MLER and holds them as a short term swing trade.

SureTrader

 

SureTrader

SureTrader is an online broker which is a part of the MintBroker International, Ltd. which was founded in 2008. The company is based in the Bahamas and its brokerage or dealings are controlled by the Securities Commission of the Bahamas. This online broker is fully authorized and licensed, hence safe.

This online broker is very useful for those who do not have much money and they can trade to their heart’s extent by using this platform. It is also the best stage for international traders.

Why neophyte investors use SureTrader?

It has very fewer fees and wider options for any newcomer. Novice traders can also trade virtually without incurring any losses before entering the actual trading world. It provides a $100,000 free demo for beginners because of which it has gained immense popularity.

Why professional traders use SureTrader?

It is also popular among professional traders due to the advanced features it provides and its day trading rules are not value pattern. SureTrader Desktop or SureTrader Pro is also trendy among expert users. Quick order placements, availability of short shares and pink sheet stocks are enough to please any regular day trader. This broker is used to short penny stocks.

SureTrader has three trading platforms for its users namely SureTrader Desktop (available @ $49 per month), Web Based Trading (free) and SureTrader Mobile (iPhone or Android) app (available @ $25 per month).

The customer service of this app can sometimes be a little difficult. This has been analyzed from the complaints that have been put up as reviews by the customers. Sometimes the lines get busy and the wait becomes prolonged due to which there is a risk of losing the desired shares. Sometimes these comments are also put up by people who have been unsuccessful in this trade. It is not recommended to rely on these comments and make a judgment.

One should be very careful and well aware before jumping into this pool. Even though it is a well-proposed platform but everything cannot work out for all people. SureTrader is an all in one stage where all kinds of traders interested in non-patterned dealings.

What types of dealings are done here?

Assets such as traditional stocks, options, and ETFs are commonly traded here. Otherwise, more than 10,000 assets can be traded here excluding mutual funds, forex or bonds and futures.

Shares and stocks that are traded via New York Stock Exchange (NYSE) and NASDAQ are easily available here and this gives broader access to the stock aspirants as they get multiple options to choose from. Also, those who are interested in penny stock investments; SureTrader provides these stocks for those who have the right to use to Pink Sheets. The customers get to see the speculations that are possible in the penny stock market.

One gets the opportunity of trading in Exchange Traded Funds and trade through a single trade instead of making various trades. Also, the trading fee for each deal is very affordable and reasonable because of which, all kinds of customers can open and handle accounts on SureTrader.

Therefore, this platform is indeed one of the best online brokers to do share the market business with. Both beginners and professionals can do easy trades here.

Bitcoin Stocks to watch for 2019

Bitcoin Stocks

 

So what’s the deal between bitcoins and penny stocks? Well, originally the two were not connected in any way whatsoever. However, penny stocks soon became the obvious place for investors to gravitate. As it turns out, they did more or less stampede the world of penny stocks in much the same way prospectors flooded the Gold Rush in the late 1800’s in the Western States and Western Canada.

 

The penny stocks that are connected to bitcoin-related companies have seen massive growth and has provided many new players in the cryptocurrency ecosystem a chance to jump on board and expand their digital assets as a result. You can thank bitcoin penny stock activity in attracting investors that have added such digital assets as Bitcoin vending machines, cryptocurrency exchanges, Bitcoin mining services, digital wallets and all kinds of Blockchain technologies to the English language.

 

The increase in exposure to Bitcoin technology that has resulted from the cryptocurrency stock connection has proven to become an educational tool as well. For example, there is a huge difference between a Bitcoin business and a business that accepts Bitcoin transactions. The entire cryptocurrency concept has expanded the imaginations of millions of entrepreneurs as a result. Not only has it revolutionized online business, it has crept into making brick-and-mortar businesses reexamine their payment options. With more players in the field, consumers have a greater opportunity to purchase and pay with tools that are no longer dependant on paper money.

 

If you are only just beginning to grasp the scope of the Bitcoin concept, you may need to sit down and fasten your seatbelt. Nothing has been close to the cutting edge and unique aspects of the Bitcoin concept until investors started reaching out to the bitcoin penny stock forum. You could say that the mania created by investors wanting to become part of the action has pushed the Bitcoin concept to the next level.

 

That next level is the development of more secure blockchain technologies and additional digital assets that go far beyond the ‘digital coin’ of the very beginning of the Bitcoin craze. Whether or not this will be just another fad is hard to predict. With more and more blockchain technologies being developed that are further reducing the dependence on any other monetary system, the wave of the future could very well be underway as we speak.

 

Bitcoin mining and digital wallets are two things your parents had never experienced and with the rapid growth of the cryptocurrency ecosystem, chances are that both of those items will be ‘old school’ to your grandchildren. Remember when fax machines were cutting edge? Now they are considered old technology. There will be a point when Bitcoins will be viewed in much the same light but that probably won’t be until something newer in the form of a digital asset bursts on the scene to take its place. Regardless, you can bet that it’ll show up first in penny stocks so that the developers can finance the developmental process.

 

If you would like to receive free stock break out text alerts text ateam to  94253 on your mobile device.

We have put together a list of some of the most popular stocks related to cryptocurrency below.

Ticker Symbol: MLER– Moller International, Inc.

MLER is a rare penny stock. The company focuses on flying cars. The CEO is a life long architect of the flying car space and has been featured on many popular magazines. If Flyer cars ever become mainstream this stock could be the next TESLA. The risk vs Reward make this company one of the best penny stocks you can find!

Marathon Patent Group (MARA) – Market Value: $41,201,566 (a/o January 4, 2018)

 

This intellectual property (IP) company provides services to various patent owners. So, if you were a backyard inventor with the newest gadget on the planet, you may be the type of person this company would be interested in connecting with. They also represent Fortune 500 companies. The company has an IP service team that develops multiple strategies which give their clients the opportunity to better utilize the value of their IP assets. The Marathon Patent Group works with patent owners and inventors to use IP licensing campaigns as a means to monetize their specific patent portfolios. This is one of the many ways in which this company generates revenue. They also create cash flow through IP consulting opportunities with new and existing clients. Marathon Patent Group  is based in Los Angeles, California.

 

Riot Blockchain, Inc. (RIOT) – Market Value: 201,953,995 (a/o January 4, 2018)

 

Founded in July of 2000, this company was designed to provide investment services to the blockchain ecosystem. The company website actually references their activity as “a first mover on the NASDAQ focused on blockchain technology.” The goal of this group is to revolutionize transactions with a system that has not been seen before. To add to the unique ecosystem created by Riot, they have also launched their own Bitcoin mining operation. The company only says that the Bitcoin mining operation will be the focal point of the expansion plans in place to move the company forward in the cryptocurrency world. The main focus of Riot Blockchain Inc. is the Bitcoin and Ethereum blockchains which put this group in strong positioning in the cryptocurrency world. This company is based in Boulder, Colorado.

 

MGT Capital Investments, Inc. (MGTI) – Market Value: $259,996,263 (a/o January 4, 2018)

 

MGT Capital Investments, Inc. has three main parts in their operation. They include cryptocurrency mining, proactive anti-hacking development, and the private phone. They are without a doubt one of the largest US-based Bitcoin miners and continue to expand with the Sentinel product line of cybersecurity technologies. The company has also formed a solid partnership with industry pioneer John McAfee which has led to multiple mobiles and personal tech device security systems. The Privacy Phone, through a partnership with Nordic IT, is a mobile phone that carries maximum privacy and extensive anti-hacking features. MGT Capital Investments, Inc.  is headquartered in Durham, North Carolina but has facilities based in Washington State.

 

DPW Holdings, Inc. (DPW) – Market Value: $48,559,397 (a/o January 4, 2018)

 

DPW Holdings, Inc. is a company that focuses on the development, design, manufacture, and sales of power system solutions that are customized and flexible. Their holdings include Coolisys Technologies, Inc., Digital Power Lending, MTIX International and Super Crypto Mining, Inc. The design elements that have been developed by DPW Holdings, Inc. include capacitor chargers, adaptors, front end and open frame infrastructure as well as compact peripheral component interfacing. The company has interests in both North America and Europe. The Digital Power Corporation handles North American sales which Digital Power Limited deals with the European business. Founded in 1969 DPW Holdings, Inc.  is based in Fremont, California.

 

Advanced Micro Devices, Inc. (AMD) – Market Value: $11,693,359,068 (a/o January 4, 2018)

 

Founded in 1969, Advanced Micro Devices, Inc. is a multinational semiconductor company. They develop business and consumer brand computer processors and the technologies related to both. The company originally manufactured its own processors but outsourced that part of the operation in 2009. The primary products that fall under the AMD umbrella include microprocessors, embedded processors, graphics processors and motherboard chipsets. These are in turn manufactured for use in workstations, personal computers, servers and additional applications including embedded systems. The company operates the following segments: Computing and Graphics, Enterprise, Embedded and Semi-Custom. Advanced Micro Devices, Inc.  is based in Santa Clara, California.

 

BTCS, Inc. (BTCS) – Market Value: $59,641,369 (a/o January 4, 2018)

 

BTCS, Inc. calls themselves “an early mover” in the ecosystems that include both blockchains and digital currencies. They are also known as the first US public “Pure Play” company that emphasizes their attention on blockchain technologies. As an early entrant in the cryptocurrency marketplace, BTCS, Inc. plans to build on their blockchain assets with the creation of a portfolio of various digital offerings. The company says this will include but will not be limited to Bitcoin and what they refer to as “other protocol tokens.” The goal is to have these available for investors seeking a diversified pure-play exposure to the ecosystems containing bitcoins and blockchains. Cryptocurrency mining is also part of the expansion plans of this company as it maps a growth pattern into the future. BTCS, Inc.  is based in Silver Spring. Maryland.

 

Bitcoin Services, Inc. (BTSC) – Market Value: $140,738,802 (a/o January 4, 2018)

 

Bitcoin Services, Inc. does digital business in a slightly different way. They focus on the mining of other cryptocurrencies. They also offer bitcoin escrow services. It is a neutral third party that works between buyers and sellers as a means of conducting online business. The Bitcoin mining services utilize a double round hash verification series of processes that ultimately validate and provide security for the bitcoin transactions. Bitcoin Services, Inc. in also a participant in the development and sale of blockchain software programming. At one point, the company was known as Tulip BioMed, Inc. but eventually changed its name to the currently recognized bitcoin handle. Bitcoin Services, Inc. (www.bitcoinservices.biz) is based in Kalamazoo, Michigan and was established in 1997.

 

Digatrade Financial Corp. (DIGAF) – Market Value: $20,210,018 (a/o January 4, 2018)

 

Digitrade Financial Corp. is a service that provides Digital Asset Exchange and blockchain development. The format devised by Digitrade offers a secure, simple and affordable buying and selling platform for Bitcoin and Ethereum. Other digital assets are also available. The system is up and operational 24-hours per day, 7 days a week and as such can provide instant, automated order matching for registered members in the system. The goal of the company is to offer a “healthy ecosystem by providing value-added digital exchange services to the public.” Digitrade has also allowed increased access for consumers to purchase digital assets by dropping existing barriers. Digitrade Financial Corp. (www.digitrade.com) is based in Vancouver, British Columbia.

 

First Bitcoin Capital Corp. (BITCF) – Market Value: $291,277,811 (a/o January 4, 2018)

 

First Bitcoin Capital Corp. is deeply involved in the development of digital currencies, proprietary Blockchain technologies as well as the digital currency exchange known as CoinQX. The company jumped into that ring citing it was a step taken as an opportunity to increase the value-added offerings to shareholders in the format of new types of digital assets including Blockchain and currencies. First Bitcoin Capital Corp. has another claim to fame – they were the first publicly-traded cryptocurrency and blockchain development company. Because of the worldwide currency exchange exposure, the company sees this as an attractant to foreign investors. First Bitcoin Capital Corp.  is based in Vancouver, British Columbia.

 

Global Arena Holding, Inc. (GAHC) – Market Value: $17,959,249 (a/o January 4, 2018)

 

Global Arena Holding, Inc. is a company that has holdings and also develops digital assets. The main subsidiary is Global Election Services which is a service that provides technology-enabled election programming. The company has also invested in blockchain development as well. The holdings also include GAHI Acquisition Corp., the blockchain part of the company’s portfolio. Global Arena Holding. Inc. focuses on acquiring patents from inventors, technologies and other companies that give it the required leverage to enter and participate in the blockchain cryptocurrency ecosystem. The company has participated in at least one merger (with China Stationery and Office Supply). Global Arena Holding, Inc.  was first established in 2011 and is based in New York City.

 

Bitcoin Investment Trust (GBTC) – Market Value: $4,221,100,800 (a/o January 4, 2018)

 

Bitcoin Investment Trust is an open-ended grantor trust company. It is invested entirely and only in bitcoin and has a value that is based only on the price of bitcoin. What this company does is it provides investors with a means to gain exposure to the price movement of bitcoin without having to buy, store or keep bitcoins safe. Bitcoin Investment Trust is sponsored by Grayscale Investments which is a wholly-owned Digital Currency Group subsidiary. The concept is interesting in that each share represents ownership of 0.1 bitcoins and the value drops gradually over time as the company expenses are covered. Bitcoin Investment Trust  is based in New York City.

 

Cablevision Systems Corp. (CVC) – Market Value: $10,253,260 (a/o January 4, 2018)

 

Cablevision Systems Corporation is considered one of the nations’ leading entertainment and telecommunications companies. Although the company’s Cablevision division mainly services households in the metropolitan New York area, the company has a much further reach. The advanced telecommunications branch offers the Lightpath integrated business communication service along with Optimum-branded high-speed internet service. The multimedia delivery service encompasses everything from subscription cable television programming service to a championship professional sports programming and national program networks. It is clearly not a bitcoin business but it is a technology mover that can have connections to the cryptocurrency ecosystem. Cablevision Systems Corp. is based in Bethpage, New York.

 

Glance Technologies (GLNNF) – Market Value: $210,682,151 (a/o January 4, 2018)

 

Glance Technologies is an active player in the cryptocurrency ecosystem as they already own and operate the Glance Pay streamlined payment system. Glance Pay revolutionized the way in which smartphone users interact with merchants, order products, make payments, choose places to dine, access digital records such as payment receipts and earn rewards while doing so. Glance has already built a strong network of merchants and consumers and uses the smartphone technology to offer incentives and other bonuses. The Glance Pay system is downloadable in various formats and provides tools for both merchants and consumers for maximum benefit. Glance Technologies continues to expand and offer more value-added products to its users. Glance Technologies (www.glance.tech) is based in Vancouver, British Columbia.

 

Square, Inc. (SQ) – Market Value: $10,243,221,271 (a/o January 4, 2018)

 

Square, Inc. is already becoming very well known in the point of sale world as offering a simple, handy and clean credit card processing option. The small tool is easily inserted into either a smartphone or there are also solutions for bigger businesses to use to collect payment services from customers. The company not only provides cutting edge point of sale services, it also has financial services and marketing services available for any size business. The plus with Square, Inc. is that it has provided countless small businesses and entrepreneurs with a simple to use and easy to access payment processing service. Square, Inc. was founded in 2009 and is based in San Francisco, California.

 

INFRAX Systems, Inc. (IFXY) – Market Value: $2,181,661 (a/o January 4, 2018)

 

INFRAX Systems, Inc. offers a system of interrelated operational management, communications, and energy grid related services and products. The company says the series of products they provide allow for a comprehensive and unified communications solution as well as applications management for the municipal and telecommunications networks known as Smart Grid. They utilize state-of-the-art software for their wireless and fiber optics networks. INFRAX has software scalability that provides the ability to target large telecom and utility companies that service millions of customers. The company’s software solutions have a high level of reliability and also encompass the OptiCon Network Manager System. INFRAX Systems, Inc.  is based in St. Petersburg, Florida.

 

CarSmartt, Inc. (SRSP) – Market Value: $22,681,793 (a/o January 4, 2018)

 

CarSmartt, Inc. was once known as Sports Supplement Group, Inc. The company is an innovative spin on carpooling in that it has a network of participants who work together in carsharing. In other words, you can catch a ride or offer a ride to other members of the program. Plus, members can also use the service to ship parcels with or without added insurance. The company says the aim is to “make long distance traveling safer and more affordable while connecting with people along the way.” Before you can become an official CarSmartt driver, you have to submit to a background check. The service is active in the United States and Italy. CarSmartt, Inc. (www.carsmartt.com) is based in Palo Alto, California.

 

KSIX Media Holdings, Inc. (KSIX) – Market Value: $64,321,093 (a/o January 4, 2018)

 

Surge Holdings, Inc. is a holding company that has a diverse collection of assets. The company focuses primarily on aggressive growth in media and telecom but also has holdings in blockchain technologies and cryptocurrency markets. Surge also wholly owns Ksix Media, Inc. which also contains the holdings of Ksix LLC and the SURGE Payment System, LLC. The company says it plans to create an investor environment where investors and developers can share in the growth of the company. That growth is expected to come from further development in the blockchain technology holdings of the company as well as through telecom, social media marketing and digital coin markets including Bitcoin, Ethereum, Litecoin and other cryptocurrencies. Surge Holdings, Inc. is based in Las Vegas, Nevada.

 

Some pages dedicated to other crypto stocks

BKPPF- Block One Capital

 

PREMARKET TRADING

PREMARKET TRADING

Any trading session that takes place before the actual trading timings is referred to as pre-market trading. It usually occurs between 08:00 am to 09:30 am. This method is used by people who want to analyze the potency and how the dealing of the market will take place. During weekdays, the pre-market trading may begin from as early as 04:00 am. The actual benefit of pre-market trading can be realized after 08:00 am only.

Here are some risks associated with this trading-

  • The choice of quotes often disappears. One cannot watch or act ahead of quotes.
  • Execution of various trades becomes difficult as liquidity decreases.
  • The prices become volatile and variable as compared to the regular trading hours.
  • Technical errors and delays are very common in this business.

Benefits of pre-market trading sessions-

  • Some important announcements are made before or after normal trading hours. This helps the trader to analyze the trading trends.
  • Economic indicators are usually released during these hours mostly at around 08:30 am which have the potential to give uplifts to the investors.

It is not actually recommended to trade in such sessions just by looking at the few benefits they offer. For an average trader who wants usual and general gains, they should most probably trade during the regular trading hours. A person has to deal with delays, restrictions, and volatility while doing pre-market trading. Doing research can help them to decide whether pre-market trading is right for them or not. It is generally a matter of chance but if done properly, may give some fine advantage to the stock aspirant.

Stocks to trade in pre-market sessions

  • Melinta Therapeutics, Inc. (NASDAQ: MLNT)

This is a healthcare pharmaceutical company that has its headquarters in New Haven, Connecticut, United States. It develops various drugs effective against several infections. It was established in the year 2000. Some of its agreements have been certified by the deals made with Yale University, Medical Research Council, Wakunaga Pharmaceutical Co., Ltd. and also with CyDex Pharmaceuticals, Inc.

  • MoneyGram International, Inc. (NASDAQ: MGI)

This financial services company was set-up in 1940 with its headquarters in Dallas, Texas, United States. The company functions via two business units, i.e. Global Funds Transfer and Financial Paper Products. The company deals in the provision of money transfer services in the United States and worldwide. The Global Funds Transfer provides the services of the company to the unbanked or under-banked customers and the Financial Paper Products offers these services to the customers via agents and financial institutions. Both these segments of the company work under the name of the company itself.

  • Calithera Biosciences, Inc. (NASDAQ: CALA)
    Calithera Biosciences is a biotech company founded in the year 2010 and its headquarters are located in South San Francisco, California, United States. The company focuses on the development of drugs that can be effectual and of good use when it comes to cancer treatment. The company centers on developing small molecule drugs which can work against tumor metabolism and tumor immunology, both of which eventually target the cancer treatment.

These few companies are considered fair enough for trading in the pre-market sessions and with thorough awareness on can succeed in this business finely.

BOEING STOCK

BOEING STOCK

About the company

Boeing is a US-based cosmopolitan firm that deals in designing, manufacturing and selling all kinds of aircraft. The CEO of this company is Dennis Muilenburg. This company was founded on 15 July 1916 in Seattle, Washington, the United States by William Boeing. Currently, its headquarters are located in Chicago, Illinois, United States. Its products such as airplanes, rotorcraft, missiles, satellites, comms gear and rockets are famous worldwide.

As of 2018, the total yearly revenue of the company was $101,127 with a net income was $10,460 and the price per share was $319.05. The total number of employees in 2018 was 153,000. In the past 10 years, the company has seen wonderful growth with very few ups and downs. One of its greatest rival companies is Airbus which has also maintained its position as one of the leading aircraft companies worldwide.

Boeing is the largest producer of airliners in America and exports its aircraft in over 150 countries. The company is constantly working towards making new and advanced technology products. The company is structured well with three units one each for Defense, Security, and Space. Another unit, Boeing Global Services started functioning on 1 July 2017. Boeing Capital Corporation is the financial managing unit of this firm.

Is Boeing stock a good choice to invest in?

Undoubtedly Boeing is one of the best companies, but recently the company has suffered a little. After the 737 Max crash in March 2019, things are not going sound in the company. The CEO of the company has acknowledged the technical issues with the plane causing the crash. This has proved to be a setback for the stocks of the company. Analyzing the latest trends, Boeing stock is not very popular among investors.

  • 52 Week Range: $292.47- $446.01
  • Volume: 2,373,371
  • Average Volume: 5,706,628
  • Forward Dividend and Yield: 8.22 (8.41%)

For coming back on track, the company needs to buck up and again prove the people that it is still the best and most reliable company. The latest good news is that the Paris Air show might help the company restore its little broken reputation. It always takes time to win people’s trust back but a company like Boeing will manage to do this soon because the company is working hard. If one trusts the company diligently, it is a good choice to invest in because as a company it has a big name spread across the world.

Airbus is causing big tensions for the company as it has got an opportunity to carry further its name in the field of aircraft manufacturing. Even though Boeing has apologized for its mistakes but rival companies leave no stone unturned when it comes to making their name and fame and same is the case with Airbus.

The current stock rate of Boeing is going up and down between its recent 52-week range and if it really is able to become the famous Boeing once again, there is no rival to beat it and for the shareholders, it will become a clear game of profit.

bid vs ask

Bid vs Ask

 

The terms ‘bid’ and ‘ask’ are known as the 2-way price quotations indicating the best price at which the stocks can be sold or bought at a given point in time. The major difference between the bid and ask prices determines the liquidity of the asset. There will be better liquidity levels for the smaller spread of the values. The present stock pricing is the last traded price of the share. During the market hours, the price keeps on changing. Bid and ask are the best potential prices for the transaction of the buyers and sellers. You can think of the bid and ask prices as the tip of iceberg prices.

 

Taking an example, the bid of ‘1.20 X 1000’ indicates that the potential buyers are bidding at the price of $1.20 for up to 1000 shares. The bids are the highest bids at present and there are lower ones in the line for the stock numbers beyond the described number of shares. If you order to sell more than 1000 stocks in the above case, the other part of your order will be filled at a relatively lower price.

 

The similar example about ‘Ask: 1.30 x 2000’ gives an indication that there are potential sellers for the stock asking for $1.30 for up to 2000 shares. There are others behind in the line with the higher asking prices. If you enter a market and buy more than 2000 shares, the other part of the order will be filled at a higher price.

 

A transaction can occur when the potential buyer is willing to pay the asked price or the potential seller wants to accept the bid price. There might be an option to meet in the middle if the buyers and sellers get change in orders. T

 

For the stocks easy for the stock analysts to turn around and buy/sell to someone else, the spread is quite narrow. The tough stocks to deal with have a higher spread in the market, so as to potentially get the stock inside the inventory for a particular phase. This could be risky if the investor moves in the wrong direction.

 

Bid-Ask Spread

 

The bid-ask spread works to the benefit of the market maker and represents the profit. These spreads can vary as per the market trends and security issues. The small-cap stocks have the bid-ask spread of a few cents and it will widen during the market turmoil or illiquidity phases. You can become a great trader if you’re ready to enter the real market and have practiced your skills in the virtual phase.

 

Some Important terms:

Bid: It is an offering made by the investor or trader to purchase the security having price stipulation with the quantity desired by the buyer to purchase.

 

Bid Price: It is the price a buyer is interested to pay off to get stock or security.

 

Quotation: It is the highest bid paid to price for the security or commodity. It is even the lowest ask price available for the respective asset.

 

Touchline: It is the maximum price that the buyer of a stock is willing to pay and the lowest price for which the seller wants to sell.

Esignal- can it help with your trading?

Esignal

eSignal is a Windows-based application programmed for the traders and they use it for customized indicator building. eSignal provides real-time stock market information, streaming, analytic, and news. It gives everything for the traders in one place.

Chart analysis: If you’re tired of making the charts or look at awkward charts which are not easy to understand, it is always a great option to choose eSignal. It becomes feasible to analyze the market with user-friendly and customized charts which allow you to read the stats perfectly. The application also allows the creation of charts in your own tailored way to look through the charts and make a perfect analysis as per your own trading needs.

Real-time reliable data: eSignal gives you up-to-date information about the market data from hundreds of markets all over the globe. It is feasible to get a track of every market and watch out trends to set up your trading strategies and execution of the best trades without missing out anything. It is important for the traders to keep track of all the data and note the changes to implement the most successful strategies.

Superior Back-testing and Scanning

It is feasible to predict the future by understanding the past. The back-testing and scanning tools offered by eSignal can empower you with effective trading strategies. Before putting your money into the stocks, make sure that you know all the history associated with the stocks. After all, you invest in stocks only with the motive to earn.

eSignal’s award-winning product packages offer high-end customer support with competitive pricing to give access to the trading education and resources with the advanced analysis tools capable of connecting to 50+ brokers for the hassle-free execution of the trade. The global reach of the world’s markets can be reached to versatile and affordable levels with eSignal. It is indeed the best choice giving unparalleled speed and accuracy rates as per the trade standard.

The award-winning products and services of eSignal data have the most motivating market data infrastructures in their respective segments. The world’s leading institutions and financial experts are using eSignal as their most preferred way of stock analysis for the various investments.

The benefits of choosing eSignal over the other platforms are:

  • Advanced multicasting support: The technical staff of eSignal works for 24x7x365 and is designed to perform under the pressures of the periods with high-volume.
  • Comprehensive historical data and analysis: The tools are meant for testing marketing strategies across all types of market patterns and conditions before putting your time and money on the line.
  • Geographically different servers: Live data from direct connections with hundreds of the world’s stock exchanges.
  • Vital Instruments: There are over 100 indices across the worldwide markets, stocks, mini and major futures, ETFs, foreign currency options, Forex rates, market search, and OTC markets.

The products offered under the eSignal brand include eSignal OnDemand and eSignal Advanced GET. There are several tools and indicators meant for the investors to look forward to Advanced GET Type 1 and 2 tradings.

Tilray Inc. – TLRY

Tilray Inc.

Tilray is one of the largest cannabis companies in the world. The company is headquartered in Nanaimo, British Columbia, Canada, and has significant operations across the world. It was incorporated in the United States in 2013 and listed on the Nasdaq under the ticker symbol “TLRY.”

Company Overview

Established in 2013, Tilray was initially incorporated under the American company, Privateer Holdings. In December 2016, it achieved GMP certification, thereby becoming the first North American medical cannabis producer to do so. To raise capital, the company filed for its initial public offering (IPO) on Nasdaq in July 2018. At a price of $17 per share, it raised $153 million in the process. Tilray trades on the exchange under the ticker symbol “TLRY.”

The company operates as a pharmaceutical company with an emphasis on experience, precision, research, and care. Presently, it has professionals available on the ground in 12 countries who attend to its thousands of clients. It has been able to assemble a team of professionals to drive its cannabis research, product development, marketing, and distribution.

Tilray takes a scientific approach to product development: it uses standardised, active ingredients in its formulations. It cultivates a wide range of Cannabis products and offers its medical marijuana products in two forms: extracts and dried flower. In the United States, the company has established itself as a leader in hemp which became legal in the country in December 2018.

Tilray: A Management of Industry Experts

Tilray has a competent and diverse management team. The team comprises industry-leading expert horticulturist, research scientists, patent advocates, and engineers. It also has a medical advisory board.

Brendan Kennedy has been the President and Chief Executive Officer since January 2018. Also, since 2013, he has served as the Chief Executive Officer and a member of the board of directors of Tilray Canada Ltd., a subsidiary of Tilray. He has a deep knowledge and experience in the industry, having been the founder of Privateer Holdings, a private investment firm exclusively focused on investing in the cannabis industry.

From John Andonoff as the Global Medical Sales Development Officer to Françoise Lévesque, the Master Horticulturist, the company’s management team is undoubtedly diverse, experienced, and true professionals in their fields.

A Growth Strategy That Emphasises Research

Tilray is research-driven. The huge premium it places on research reflects in the type of partnerships it makes and the clinical programs it runs. For instance, the company has had clinical testing partnerships with numerous institutions such as the University of Sydney and the University of British Columbia.

The clinical trial program conducted with the University of Sidney was targeted at evaluating the efficacy and tolerability of medical cannabis in treating chemotherapy-induced nausea and vomiting. Also, Tilray supplied the University of British Columbia its cannabis for evaluation in the management of post-traumatic stress disorder.

Moreover, in another research partnership led by The Hospital for Sick Children in Toronto, Canada, Tilray’s medical cannabis products were evaluated for efficacy and tolerability in the treatment of epilepsy in children. Its products have also been evaluated for other conditions including glioblastoma.

The company’s clinical research program is not only creating leads for its products in terms of medical use but is also evolving the current scientific understanding of the field of cannabis.

Operation Expansion To International Markets

Tilray also engages in strategic expansions to boost its global presence. Being one of the first Canadian licensed medical cannabis companies, Tilray has grown to become one of the country’s leading providers of quality medical cannabis products serving thousands of patients from different provinces.

Nevertheless, the company has since expanded to international markets — ranging from Europe to Latin America. It was the first North American medical cannabis company to legally export medical cannabis products to Europe and currently has them available in hundreds of pharmacies across the continent. It has a cultivation license from the Government of Portugal.

To strengthen its presence in Latin America, Tilray established in Chile the subsidiary, Tilray Latin America, to import, produce and distribute its branded medical cannabis products in the region. It also has significant operations in Australia and New Zealand. It was the first North American medical cannabis company to legally export its products to Australia and New Zealand.

Tilray seeks to continue taking advantage of evolving laws and regulations in different locations to expand its operations to international markets.

Strategic Partnerships Expected To Propel Revenue Growth

In 2018, Tilray entered into a global alliance with Sandoz, a division of Novartis. The co-branding deal was intended to boost the availability of non-combustible medical cannabis products in global markets where they are legalised. The deal was marked as the first significant interest of big pharma into the cannabis industry.

The same year, in December, Labatt Breweries, a subsidiary of the world’s largest brewery company, AbInBev, struck a strategic partnership with Tilray’s High Park Company in a deal valued at over $100 million. The objective of the deal was to research non-alcoholic cannabis product-infused beverages.

In 2019, the company also entered into a revenue-sharing deal with over $250 million in worth with Authentic Brands Group. Also, Tilray doubled its domestic production capacity when it reached an agreement with Natura Natural Holdings, an owner of over 155,000 square feet in licensed cultivation greenhouse facilities in Ontario.

Nevertheless, Financials Reveal Operating Losses

Tilray’s fiscal year ended December 31, 2018, saw revenue growth from $20.5 million to $43.1 million. However, net loss rose from $7.8 million to $67.7 million. Significantly, the company’s domestic and international revenues increased from $19.8 million to $40.2 million and $763, 000 to $2.9 million.

Mostly, a decline in Foreign exchange gain and an increase in expenses were the responsible factors for the increased net loss. During the period, the company posted an increase in sales and marketing expenses from $7.2 million to $15.4 million.

Currently, Tilray has a market capitalisation of approximately $5.1 billion. Despite being the top performing Canadian marijuana stock of 2018, 2019 has not been so good for Tilray (TLRY). Presently, its share price hovers around $45, almost 600% down from its 52-week high of $300.

Summary

Perhaps, what will work out best for Tilray is the great alliances that it has formed. As a result of them, Tilray has more opportunities for future growth. Add to this its solid — and ever-expanding — international operations. Another advantage that Tilray might have over its peers is its intensely research-driven operations, which can help it to develop novel products easily relative to its competitors. Also, with its shares currently trading around $45, this might be the right time to tuck Tilray in your bag.

 

 

 

IS Canopy Growth Corp (CVE: CGC) a scam?

Canopy Growth

Meta description: Canopy Growth, in terms of market capitalization, is the largest cannabis company in the world. The company has developed a far-reaching base of subsidiaries through which it manufactures its products. It is based in Smith Falls, Ontario, Canada.

Company Background

Canopy Growth is a Canadian cannabis company based in Smith Falls, Ontario. It was initially co-founded in 2013 by Chuck Rifici, the acclaimed godfather of Canadian weed, and Bruce Linton as Tweed Marijuana Inc. The company is publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX), under the ticker symbols CGC and WEED respectively.

In 2015, it changed its name to Canopy Growth. Earlier in April 2014, it had become the first publicly traded North American company by listing on the Toronto Stock Exchange. In May 2018, it listed on the New York Stock Exchange, thereby becoming the first cannabis-producing company to do so. Today, Canopy Growth is the largest cannabis company in the world in terms of market capitalization.

The company’s vision to become the number one cannabis company in the world seems not to be a ruse. It really appears to be committed to it. It has extensive financing services, cutting-edge research and development, and manufacturing arms. Moreover, it has been able to develop medical and recreational cannabis brands with an attractive appeal to various members of the industry.

Industry Overview

The cannabis industry is currently the fastest-growing industry in the world. In fact, some analysts project that global cannabis annual sales will hit as much as $75 billion by 2030. The industry delivered $6.9 billion in global sales in 2016. Worldwide revenue significantly rose to $9.5 billion and $12.2 billion n 2017 and 2018 respectively.

Interestingly, analysts believe that this figure will further be racked up by full 2019 financial year. They have projected a global revenue increase of approximately 39%. This means that global cannabis sales can easily hit $16.9 billion and $31.3 billion by 2019 and 2022 respectively. Undoubtedly, the industry is poised for sustainable and rapid future growth.

Also, the business climate is becoming increasingly favourable for cannabis companies. Nine out of American states have legalised recreational cannabis use; medical use is already legal in 33. In 2018, Canada legalised recreational cannabis for adult use. Plus, the European market is opening up, too.

With access to finance, product diversity and differentiation, and strategic partnerships, a cannabis company has a decent chance of success.

Canopy Growth: In Vigorous Pursuit of Expansion

In 2016, Canopy Growth expanded its operations to Germany by acquiring the German-based pharmaceutical distributor, Medcann GmbH. For Canopy Growth, the German market was a fertile one. Germany depends solely on importation to satisfy its cannabis needs. This acquisition facilitated Canopy’s recognition as the first North American legal source of cannabis to Germany.

The same year, the company entered the Quebec cannabis market by acquiring Vert Médical. The strategic acquisition enhanced Canopy Growth’s growing facilities and product diversification. The company also went ahead to acquire majority ownership in another Quebec-owned cannabis firm, Groupe Hemp. Groupe Hemp is a fully Health Canada licensed hemp derivative producing and marketing company.

Currently, Canopy Growth’s Quebec market share is significant. The company accounts for approximately 30% of all medical cannabis supplied to registered patients within the province. The acquisitions of those Quebec-based firms helped to further diversify Canopy Growth’s product offerings.

In January 2017, Canopy Growth cemented its leading market position when it completed its acquisition of Mettrum Health. Mettrum Health is an Toronto-based company engaged in the research, production, and distribution of cannabis. The Mettrum deal significantly boosted Canopy’s production capacities and gave it more acreage for expansion.

In fact, the deal effectively made Canopy Growth the largest Cannabis company in Canada. Hence, subsequent to the deal, Canopy Growth’s licensed production facilities increased to six and its licensed production footprint grew to approximately 665,000 sq. ft.

In February 2018, the company and Sunniva entered into a strategic agreement. Sunniva is a North American supplier of medical cannabis products and services based in Calgary, Canada. The deal required Sunniva to supply Canopy Growth with 45,000 kilograms of high-quality medical cannabis products annually. It would be on for a two-year period starting from the first quarter of 2019.

Also, on May 22, 2019, the company announced its acquisition of the UK beauty brand, The Works, in a deal worth approximately $55 million. This deal would enable the company to develop new cannabis products for beauty, wellness, and sleep medical problems.

A Summary of Canopy Growth’s 2018 Production

For the last quarter of 2018, 33% of Canopy Growth’s net product revenue came from its oils including the Softgel capsules. This represented at least a 23% increase from the revenue the company generated from the same product class in the same period the previous year. The increase in revenue might not be a surprise because generally, value-added cannabis products and derivatives are high-margin products.

To position itself to meet its projected future demand for cannabis value-added products, the Company took steps to expand its extraction capacity. Consequently, it entered into extraction supply related agreements with Valens GroWorks Corp., Medipharm Labs Corp., and POS Holdings Inc. (“POS Holdings”).  In addition, the company has also inked an agreement with POS Holdings to acquire an exclusively dedicated extraction system.

Canopy Growth operates Tweed stores in Newfoundland and Manitoba and has a supply contract with all Canadian provinces. In addition, it currently has 10 licensed cannabis plants with a production capacity of more than 4.3 million square meters, including GMP-certified production areas of more than 500,000 square meters.

Financials

On June 30, 2108, Canopy Growth posted total revenue of $19.2 million for the second quarter. This represented an increase of approximately 14% from the previous quarter. Although the company posted a decline in revenue for the third quarter, its international medical revenues in the three months ended December 31, 2018, increased by 170%.

By the year ended December 31, 2018, the company also enjoyed a significant revenue from its wholly-owned subsidiary Storz & Bickel. Canopy Growth had completed its acquisition on December 6 of the year.

Summary

Is Canopy Growth a great stock to buy? Yes, but only if you are willing to assume a long-term approach. Apart from the fact that the cannabis industry will undoubtedly be huge, Canopy Growth is positioned to be a leader in it. Little wonder that Constellation Brands, the alcoholic beverage drink producer, increased its stake in it.

Canopy has the highest sales among marijuana producers. Its Canada’s market share for adult use of cannabis is also the largest. To hedge against domestic supply glut, the company has expanded to international markets. If all these could be sustained, Canopy is well positioned for tremendous future success, and so might be worth your buy.

 

Canopy Growth Is a Solid Marijuana Stock but currently overpriced

Marijuana stocks are likely to outperform this year, buoyed by seven U.S. states that have already legalized marijuana, while the other 10 states will discuss pot change in 2019. In addition, the Canadian authorities could authorize weed this year, as black market is estimated around $7 billion. Future fundamentals for marijuana stock also appears strong, thanks to the potential growth in legal marijuana demand.

CGC recently entered into a conditional deal with Acreage that is a head scratcher. They agreed to pay 3.6 billion for a company that only has a market cap of 935 million. Paying this huge premium doesn’t make a lot and right now the stock is being pumped up.

Marijuana sales are likely to increase by 178% to $20.6 billion by 2020, with a compound yearly development rate of 29%.
Canopy Growth Corp (CVE:CGC) is a diversified company, operating through its subsidiaries, including Tweed Inc., Tweed Farms Inc., and Bedrocan Canada Inc. The company has strong penetration in Canadian markets. It supplies pot to half of Canada’s present therapeutic cannabis base following the acquisition of Mettrum Ltd. The Canadian medicinal cannabis industry pulled in $869.0 million in lawful deals in 2016.
With the keen interest of Canadian Prime Minister, legal marijuana sales are anticipated to stand around $22.6 billion in the coming years. To place that into viewpoint, Canopy Growth is set to capitalize on growth opportunities.
This year, it altered its stock ticker to WEED, and continues to trade on the TSX. The company has a market capitalization almost $1.0 billion. Its revenue in the latest quarter increased 245% over the same period last year, while its revenue enlarged 22% sequentially to $8.5 million. It sold over one metric ton of marijuana in the latest quarter.
Moreover, the company has the potential to turn a strong revenue growth into big profits. Its net income was standing around $5.4 million, relative to earnings of $3.9 million over the prior year period. It also appears in a strong cash position to invest in growth opportunities, thanks to cash in hand of $45.5 million at the end of most recent quarter.