SOS to Expand into Digital Assets Security IndustryDr. Huazhong (Eric) Yan A Renowned Cryptocurrencies Security Expert Joins SOS to Spearhead SOSs Effort to Expand into Digital Assets Security Industry
Dr. Yan is expected to utilize his cryptocurrency mining, protection, insurance expertise and his industry resources to lead SOS's efforts to set up a new business to apply blockchain-based security and insurance technologies in the safeguard of cryptocurrencies and digital assets, and strategically upgrade SOS's existing portfolios of products and services. SOS plans to set up a new wholly owned subsidiary SOS Digital Technologies Inc., to be led by Dr Yan.
SOS anticipates to utilize the new subsidiary to be spearheaded by Dr. Yan to provide the infrastructure services in blockchain security for its big data insurance marketing and rescue services, and even providing insurance and banking services for digital assets and cryptocurrencies.
Dr Yan has applied seven patents in China related to decentralized cryptocurrency wallets and exchanges, the protections and insurance for digital assets and cryptocurrencies, and blockchain-based security framework and solutions.
The truly decentralized cryptocurrency wallet and exchange technologies developed by Dr Yan have been proven to be bullet-proof. Once SOS Digital Technologies Inc is created, SOS plans to launch the first digital assets insurance company and the first cryptocurrency bank in the world, backed up by Dr Yan's technologies.
This venture is urgent as about 20% of cryptocurrencies are stolen or lost every year. Such venture is highly necessary as DCEP, the sovereign cryptocurrency offered by the central Bank of China, is in its testing stage and other sovereign cryptocurrencies are coming soon."
finance.yahoo.com
Stockindex
Completes Sale of Cimatron and GibbsCAM Businesses3D Systems Completes Sale of Cimatron and GibbsCAM Businesses and Provides Preliminary Financial Results for Fourth Quarter 2020
- Announces Date of Fourth Quarter and Full Year 2020 Financial Results
- Close of sale of non-core software businesses for cash proceeds of approximately $64 million
- Repayment of all debt outstanding under senior secured term loan. With the paydown of the term loan, the company is now free of any outstanding debt but continues to have availability under its senior secured revolving credit facility, which remains fully undrawn at this point.
- Official termination of ‘At-the-Market’ Equity Offering Program
- Strong Q4 preliminary financial performance with expected revenues between $170 million and $176 million
- Expected revenue reflects strong organic growth exceeding 20% in both Healthcare and Industrial business units on a consecutive quarter basis.
Essentially debt-free now, and free to focus on its two core 3D printer making businesses (industrial and healthcare), the company also noted that in addition to the better-than-expected sales, it is likely to report anywhere from $11 million to $19 million in pro forma profit for Q4.
Generally accepted accounting principles (GAAP) results could still be as bad as an $8.6 million loss, but there's at least the possibility that 3D will eke out a GAAP profit of as much as $0.5 million this quarter.
finance.yahoo.com
Perion Raises Financial Outlook case studyPerion Raises Financial Outlook, Expects 31% Year over Year Revenue Growth in the Fourth Quarter of 2020
Customers Momentum for Connected TV and "Full-Funnel" Solution Propel Advertising Business
"The acceleration of Perion’s advertising revenue growth is being driven by higher-than-expected revenue synergies from recent acquisitions, as well as higher demand across our CTV and video offerings"
following the four-year renewal of our partnership with Microsoft, announced earlier this quarter, we see an increased number of publishers who wish to engage with Perion’s search business unit. These achievements underscore the success of our diversification strategy and are expected to contribute to double digit revenue growth rates over the coming years for Perion."
e revised guidance for Q4 2020, implies that for the second half of 2020, revenue and Adjusted EBITDA ranges are $183-$188 and $22-$23 million, respectively, compared to the previously provided second half outlook of revenue and Adjusted EBITDA ranges of $164-$174 and $16-$18 million, respectively.
finance.yahoo.com
ATOM Sign Joint Development AgreementAtomera and Market Leading Semiconductor Company Sign Joint Development Agreement for Use of MST in Future Devices.
entered into JDA with a leading semiconductor provider for integration of Atomera's Mears Silicon Technology (MST) into their silicon fabrication process.
Atomera's MST is a patented, quantum-engineered material that enhances transistors to deliver significantly better performance in today's electronics.
New collaboration will leverage Atomera's transistor enhancement technology to develop improvements across the manufacturer's production lines
finance.yahoo.com
The Peck Company Holdings to Acquire iSun Energy LLCThe Peck Company Holdings to Acquire iSun Energy LLC, Award-Winning Solar-Powered Electric Vehicle Infrastructure Provider and Clean Energy Product Innovator
Accretive acquisition with $2M near-term revenue commitments, 30-40% project gross margin and a software platform for recurring energy service revenues.
Combining Peck’s profitable EPC business for solar, data and electrical contracting with award-winning products and platforms that are modular, scalable and connected is a powerful combination that differentiates the company from other solar EV charging companies.
iSun Energy near term pipeline is in Connecticut, Massachusetts, New York and other locations, to be announced shortly.
Timely market expansion capitalizes on the Biden administration’s plan to make major public investments in renewables and electric mobility infrastructure, including in 500,000 electric vehicle charging stations.
Industry experts anticipate 100 GWs of solar infrastructure will be constructed over the next 5 years, representing 50% growth.
finance.yahoo.com
Blade to become publicly listed on NASDAQ through EXPCBlade to Be Listed on Nasdaq, Creating the Only Publicly Traded Global Urban Air Mobility Company
Blade is a global urban air mobility platform, utilizing a technology-powered, asset light model with unrivaled brand recognition
Blade to become publicly listed on NASDAQ through a business combination with Experience Investment Corp. (NASDAQ: EXPC), a public entity sponsored by an affiliate of KSL Capital Partners, following expected transaction close in the first half of 2021
Transaction values Blade at an estimated pro forma equity value of $825 million upon consummation
Transaction to provide $400 million in gross proceeds, comprised of Experience Investment Corp.’s cash held in trust and an upsized and oversubscribed $125 million fully committed PIPE at $10.00 per share, including investment commitments from affiliates of KSL Capital Partners, Hedosophia, HG Vora Capital Management, and David Geffen, as well as original investors Barry Diller, David Zaslav and Robert W. Pittman
The capital raised will enable the Company to expand new urban air mobility routes, its network of captive passenger infrastructure, as well as its consumer-to-cockpit technology stack, accelerating its transition from use of conventional aircraft to Electric Vertical Take-Off and Landing (“eVTOL”) aircraft
Urban air mobility is expected to be a $125 billion market by 2025 and grow to $650 billion over the next decade, according to Morgan Stanley Equity Research.
www.businesswire.com
Anderson from Colliers reiterated a buy ratingAnalyst Charles Anderson from Colliers reiterated a buy rating on the stock while increasing its price target from $13 to $15.
Anderson is bullish on the company's prospects related to Sony's PlayStation 5, which incorporates Immersion's haptics technology in the new DualSense wireless controller. One of the notable additions to the newest generation of the game console is the inclusion of adaptive triggers in the controller, which facilitate a new level of haptic feedback for players.
Anderson has been using the DualSense controller and called it a "breakthrough" for Immersion to score such a high-profile design win in a mass-market application. Demand for the PS5 has been off the charts, with units flying off digital shelves within minutes of retailers getting additional inventory after launching last month.
"Immersion collects a royalty from each controller and we expect more than one controller will ship per console over time to support multiplayer gaming and to replace worn-out controllers,"
"The DualSense controllers are already available at retail ahead of the PlayStation 5 console launch."
Anderson believes that Immersion will be able to expand into other markets with its haptics technology offerings, and that the company has finally created an "efficient and predictable operating model."
www.fool.com
The analyst also notes that Immersion's fundamentals are becoming more predictable with 80% of revenue coming from per unit royalties, double the amount from four years ago.
seekingalpha.com
BARK to List on NYSE Through Merger with STICBARK, A Leading Brand for Dogs, to List on NYSE Through Merger with Northern Star Acquisition Corp.
BARK serves over 1 million dogs monthly through BarkBox and Super Chewer subscriptions and broad retail distribution of its comprehensive suite of best-in-class, proprietary products
projected revenues of approximately $365 million and gross margins of approximately 60% for fiscal year ending March 31, 2021, 179% YoY increase in revenue from new product lines in first half of FY2021, and net revenue CAGR FY2020-FY2023 of over 40%
Transaction values BARK at an enterprise value of approximately $1.6 billion and is expected to provide up to $454 million of gross cash proceeds to invest in the acceleration of new and existing product lines as well as international expansion
Top-tier institutional investors, including Fidelity Management & Research Company LLC, Senator Investment Group, the Federated Hermes Kaufmann Funds, and affiliates of the Santo Domingo Group, among others, are supporting the transaction with an upsized $200 million fully-committed PIPE
The Northern Star and BARK Boards of Directors have unanimously approved the proposed merger and the related transactions, which are expected to be completed early in the second quarter of 2021,
www.prnewswire.com
500.com Limited Announces Private Placement500.com Limited Announces Private Placement and Appointment of New Officers
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider in China, today announced that it has entered into a definitive share subscription agreement (the "Agreement") with Good Luck Information Technology Co., Limited ("Good Luck Information"), a company incorporated in Hong Kong, for the issuance and sale of newly issued Class A ordinary shares of the Company ("Class A Shares").
Pursuant to the Agreement, Good Luck Information will purchase 85,572,963 newly issued Class A Shares for a total purchase price of approximately US$23 million, to be settled in U.S. dollars or in crypto-currencies, including Bitcoin (BHC), to be determined chosen by the Company within one month of the date of the Agreement. Good Luck Information shall make full payment of the purchase price in currencies determined by the Company within one month of the Company's determination. The per share purchase price of US$0.269 is the closing trading price of the Company's ADSs on December 18, 2020, the last trading day immediately preceding the date of the purchase agreement. as adjusted by a 1-to-10 ADS to ordinary shares ratio.
Good Luck Information has agreed to subject all the shares it or its affiliate will acquire in the transaction to a contractual lock-up restriction for 180 days after the closing. The closing is expected to take place on or before February 20, 2021, upon satisfaction of customary closing conditions.
Good luck Information is controlled by Mr. Man San Vincent Law, a founder of the Company, who currently holds less than 5% of the Company's outstanding share capital. Upon closing, Good Luck Information will hold 16.6% of the Company's issued and outstanding ordinary shares.
finance.yahoo.com
EuroStoxx: divergence with RSI but...Hi Guys,
the divergence with RSI does not mean EuroStoxx will drop. It only shows that despite sentiment declining, index value keep going up.
Where are the opportunities?
Please share your views and comments below.
Thank you for your support and for sharing your ideas.
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
SPX: some infosHi Guys,
I see this...
What do you see?
Please share your views and comments below.
Thank you for your support and for sharing your ideas.
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
Can the market rise more during Biden's Presidency than Trump's?This is a simple chart showing the performance of the S&P500 under each President since the Ford administration is 1974.
As you see contrary to popular belief, the stock market in modern times has done (much) better under a Democrat President. Bill Clinton has had the strongest performance with more than +200% in gains from the day he went into the office till the day he left, while George W. Bush the worst and the only negative with -34% in losses.
Also this pattern shows that after every Republican Presidency, the Democrat administration that follows performs (much) better. Carter almost tripled Ford's performance, Clinton more than tripled George H. W. Bush's score. Needless to say what Obama did to George W. Bush's disappointing Presidency.
So in my opinion Wall Street shouldn't be seeing Trump's defeat as a setback, but as the start of a Presidency of more stock market gains than Trump's. History has a tendency to repeat itself. Wouldn't you agree? Let me know in the comments section!
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DOW JONES The RSI shows extension to this rally. 30500 eyed.My focus on DJIA is on the 1D time-frame where the RSI is approaching the 77.000 Resistance. This is a 5 month old trend-line and it appears that with all the positive fundamentals involved, the rally can be extended until this level is tested.
An even more interesting find is that every Top since the March meltdown, is on (or near) the -0.382 Fibonacci extension of the previous. That was spot on for the June 09 Top and the September 02 Top. This time the -0.382 Fib is at 31000.
Does it make sense to target 30500?
Recent DOW JONES signal:
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S&P500 Buy Signal / Strong supporting linePattern: Higher Lows on the 4H chart.
Signal: Buy as the index rebounded not only on the former Lower Highs trend-line (dashed line), but also on the newly formed Higher Lows trend-line.
Target: 3660 (just below the 3675 Resistance).
Recent S&P signals:
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Candle and wedge pattern - Starring The Aussies! This is an interesting position. Anything is possible. No advice is given. New traders may need to study these patterns and practice on paper trading accounts.
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
S&P500 Why do you keep ignoring the 4H MA50?Isn't that true? Since the index broke above it on September 28, the MA50 on the 4H chart has been the most reliable buy entry you could get. So far (counting yesterday) this happened three times. I've mentioned this potential on a few studies with the most recent one as seen below:
Technically every Higher High on this Channel Up is on the 1.382 Fibonacci extension of the previous High. See how consistent this has been on two occasions. This sets the target at 3460.
Based on a recurring RSI sequence (Channel Down accumulation into a strong bullish break-out), the price may be preparing an even stronger jump.
Don't lose sight of the greater picture:
Are you gonna keep ignoring the 4H MA50? Feel free to share your work and let me know in the comments section!
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POTENTIAL EXPLOIT: Aussies in trouble.The 4H position on the AUS200, could be an advantagious exploit for a controlled affordable loss.
1 - The Aussies tend to follow the DJI and USTech 100.
2 - But there is usually a time lag of between 30 mins and 2 hours.
3 - The DJI did a major leg down but the Aussies barley flinched after a major bull run yesterday.
I've seen it many times, where they catch up after that delay. Then they panic.
As the DJI could be moving south from the base of a head and shoulders pattern (see my posts), then if the Aussies follow south and panic - it could be a nice exploit. Remember your risk controls please.
Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
29k succesfully reached! 🐂Despite the turbulent news regarding the upcoming presidential election and the uncertain economic recovery, the bullish scenario remains intact.
The index has hit the 29k region and is still going strong. The 29k points was the first target from the last Dow Jones Update.
Should the bulls break out of the yellow target box, above 29559 points, the path for a direct rally to 30500 points will be paved. This, however, is our alternative scenario that we give a probability of 35%.
Our primary scenario projects a slow and steady sell-off in Wave 4 in Green to at least 27900 points, before the bulls push the Dow Jones toward new all-time highs.
If you are Long, since 27600 points, you can use this area to take home some profits and reload after wave 4 in Green has completed.
Feel free to share your thoughts.
Happy to discuss the next move.
Dow Jones: Sell opportunity within the Channel Up.DJI is trading within a Channel Up on the 4H chart (RSI = 55.798, MACD = 115.900, ADX = 32.013) since late June. Today the MACD made a red cross, the RSI has already since Aug 11th hit its Resistance, and it looks as if the Higher High is priced in. We are expecting the price to touch the 4H MA50 once again around 27,100.
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DOW JONES Trading PlanPattern: Channel Up on 4H.
Signal: (A) Sell as the RSI got rejected on its Resistance Zone. Wait for the MACD to cross in order to open the position. (B) Buy if the 28160 Resistance breaks.
Target: (A) 27000 (projected contact with the 4H MA50). (B) 29700 (+14.50% rise from the Higher Low).
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S&P Trading PlanPattern: Bullish Megaphone on 4H.
Signal: Sell as the price is close to the Higher Highs trend-line of the pattern with the MACD flat.
Target: 3320 and if 3310 breaks, extension to 3270.
Most recent S&P trade:
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