Stockmarkets
$TUSK awarded a contract of $40 million in revenue Mammoth Energy Announces Growth of Engineering Services Company
$TUSK today announced that its wholly owned subsidiary, Aquawolf, LLC (“Aquawolf”), has been awarded a contract by a major utility to provide engineering and design services. The three-year contract is expected to generate up to approximately $40 million in revenue over the contract term.
finance.yahoo.com
$CAN Announced all time high purchased bitcoin mining machinesCanaan Announces Improved Revenue Visibility in 2021
today announced that its revenue visibility has improved substantially in 2021 as a result of attaining purchase orders totaling more than 100,000 units of bitcoin mining machines from customers in North America. Many of those purchase orders were placed with prepayment and will likely occupy the Company’s current manufacturing capacity entirely for the full year of 2021 and beyond. With those fully committed purchase orders, the Company now enjoys a much higher degree of revenue visibility and more precise forecast. As such, the Company is able to leverage such information and additional liquidity to conduct its component purchases, production scheduling, warehousing and logistics.
In late 2020, we shifted our client base to mostly publicly traded companies and bitcoin-focused investment funds which tend to place sizable orders with longer-term commitment. As a result, we can now forecast our revenue much more precisely.
This development from Canaan isn't a total surprise. After all, the price of Bitcoin has risen dramatically in recent months, and that attracts more miners to the pool. When more miners join the Bitcoin blockchain network, it adds to the hashrate. According to Blockchain.com, the total hashrate for Bitcoin has spiked to all-time highs in recent days.
finance.yahoo.com
www.fool.com
HEAD & SHOULDERS IN RATES5 Year US Government Bonds demonstrate a classic H & S bottom.
They say equity market value is RELATIVE to bonds. That is very true. Sky high valuations in stock market are result of cheap money(ie, low rates).
End of cheap money?
If yes, it has serious implications for equity markets!
Follow us for more!
$LKCO Announces $15.0 Million Registered Direct OfferingLuokung Technology Corp. Announces $15.0 Million Registered Direct Offering
today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of approximately $15.0 million of ordinary shares at a price of $0.888 per share.
The Company will issue a total of 16,891,892 ordinary shares to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants") for the purchase of up to 8,445,946 ordinary shares at an exercise price of $1.11 per share, which Warrants will have a term of three years from the date of issuance.
$SCKT launches first enterprise-grade scanners for Apple iPhoneSocket Mobile launches first enterprise-grade scanners for Apple iPhone 12 series
Socket Mobile is excited to announce the arrival of the DuraSled™, the first enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max and iPhone 12 Mini. With the sleek, high-performance DuraSled, users of all Apple iPhone 12 series devices can access professional-grade scanning solutions.
An ever-increasing number of companies count on iPhone applications to run their businesses.
finance.yahoo.com
Trading With MarginI’m Markus Heitkoetter and I’ve been an active trader for over 20 years.
I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails.
They start trading and realize it doesn’t work this way.
The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically.
Real money…real trades.
Let’s talk about trading with margin. What is margin? Who should trade with it? Should YOU be trading with it?
You see, when used correctly, margin can be your best friend, but when used incorrectly, it can be a disaster.
Leverage is a double-edged sword, and it can work for you as well as against you.
This is why I want to show you the responsible way to trade on margin. So let’s get.
What IS Margin?
So first off, what the heck is margin?
Well, when opening a trading account, you can open a cash account or a margin account, but what is the difference between the two?
With a cash account, if you put $10,000 into the cash account, it means that you have $10,000 in buying power, meaning that you can buy stocks and options for $10,000.
Now, when you have a margin account, the difference is when you’re putting $10,000 in cash in there, the broker will actually lend you another $10,000. So in total, you’re getting $20,000 in buying power.
How To Open A Margin Account
This is how you open a margin account, with tastyworks because this is the broker that I personally use, & I have four active accounts with them.
So when you go to tastyworks, it asks what kind of account do you want to open?
Is it an individual account, an entity/trust, or a joint account?
Then they will want to know what kind of account you want to open.
Do you want to open a margin, cash, or retirement account?
So with a cash and retirement account, this is where the broker does not lend you money.
So whatever cash you have in there, this is what you have in buying power.
However, when you use a margin account, you’re getting 2:1 buying power.
Buying Power: Stock vs Options
When it comes to buying power, there are two things that you need to know.
First is there is buying power for options, and buying power for options is always non-leveraged.
So if you put $10,000 in cash, even in a margin account, it means that you have $10,000 in buying power for options, and I’ll explain to you in a moment why that is.
And then we also have buying power for stocks, and here this is where margin kicks in.
So $10,000 in cash will give you $20,000 in buying power for buying stocks.
There’s also something called portfolio margin, and we will talk about this in just a moment, but I first want to show you exactly what it means here to have the buying power for options and to have the buying power for stocks.
How To Use Margin The Right Way
So I want to give you here a very specific example for Apple AAPL , and we first want to look at what happens if you want to sell, while trading The Wheel.
So let’s just say that you want to sell the 125 put for AAPL .
What does that mean?
It means that if you’re selling the put, you might be forced to buy AAPL at $125 a share, and for each put option that you’re selling, you would have to buy 100 shares of AAPL .
So this means that you would have to bring $12,500 to the table per contract, right?
Now here’s the deal. When you’re selling options, the broker is already giving you a discount.
So let’s see how much the broker is charging us if we want to sell a 125 put for AAPL .
So for AAPL I’m just choosing next week’s expiration because at this point the expiration and the price don’t matter right now, because all I want to show you is how much buying power is needed if I were to sell 1 put.
So the buying power that will be reduced from your options is $2,202.
So as you can see, if you are buying AAPL at 125, you would have to bring $12,500 to the table, but here the broker is only charging you $2,202.
Now again, we want to assume a $10,000 account because this is what many people are starting with.
So on a $10,000 account, theoretically, you could sell 4 of these options, and for this, if we are doing this, and edit our order to sell 4, we see that the broker will charge you $8,783.
So on a $10,000 account, at first it seems that you have enough margin for this. Wrong! Don’t do that!
So this is where we talk about the responsible way and the irresponsible way to do this.
So when you do this, this would be irresponsible. So here is what I think you should do.
Remember, on a $10,000 account, you’re actually getting $20,000 in buying power for buying stocks.
So you have $20,000 for buying stocks, so if you are selling one option, and you would get assigned, then you would have to buy stocks for $12,500 and you still have $7,500 left, right?
This is why you should only sell one option, even though your broker will only charge you $2,205 because if you’re assigned, you would have to bring $12,500 to the table.
The good news is you have that because the broker gave you $20,000 in buying power.
So this here is the right way to do this, and the right way means that you’re not over-leveraging yourself.
How To Use Margin The Wrong Way
So here’s what would have happened if you would have sold 4 options and got assigned.
Well, in this case, you would have to bring to the table 4 times $12,500, so this is $50,000, but you only have $20,000 in buying power.
So there’s a difference. So if you take the $50,000 minus the $20,000 that you have in buying power, you are $30,000 short, and these $30,000 become a so-called margin call, and these are the dreaded margin calls that you sometimes hear traders talk about.
A margin call means that right now you have to wire the broker $30,000, which you probably don’t have, right?
If you don’t do this, he will sell 300 of your shares.
So you’re still technically fine if you have less than the $20,000.
He probably sells a little bit less so because he wants to make sure that you are just overcoming this shortage.
Portfolio Margin
There's also portfolio margin. What the heck is the portfolio margin?
Well, the portfolio margin is for bigger accounts, and when I say bigger accounts, it really depends on the broker.
You see, some brokers request at least $100,000 in your account.
Others request that you have at least $150,000 in your account, and even others request that you have $175,000 in your account.
It really depends on your broker. Now, however, if you have the required minimum in the account, you can apply for portfolio margin.
Why would someone be interested in doing this?
Well, portfolio margin basically means, & again, it depends on the broker, that you are getting a 5:1 or a 6:1 leverage.
It means that if you have let’s say $200,000 in cash in an account, it becomes a million dollars in buying power, or depending on the broker, it could even become $1,250,000 in buying power.
So now you have a lot of buying power, and again, you have to use this responsibly. Just because the broker is giving it to you, you shouldn’t use all this.
So the same principles for me personally, apply like if I were using a 2:1 margin account.
I personally use this “excess buying power” when things go wrong when I need to save a trade that is in trouble.
So this is when I have to fly a rescue mission.
Summary
Well, first of all, it is super important that you understand what margin is, what buying power is, and then that you also understand that your broker is only charging you a small amount when you are selling options.
Don’t overleverage yourself, because when you do this you’re getting the dreaded margin call, and when you are getting the dreaded margin call you have to either wire money into the account, and this pretty much right away, the broker usually gives you 24 hours.
Some brokers might be generous and give you 48 hours, but usually, it is within 24 hours.
If you don’t wire the shortage to your broker, he will sell your shares until the margin requirement is met.
So you lose full control and you don’t want to do this.
Anyhow, I hope this has been helpful.
Expedia CEO: We’re seeing plenty of signs of demandWe’re seeing plenty of signs of demand:’ Expedia CEO on travel demand amid pandemic.
As we said yesterday on our earnings, we are seeing some signs of improvement in the first month of the year. It started around the holidays. And we've been slowly modestly improving from there. January was better than December.
It's kind of a story of waiting. And there are some countries like the US that are stronger, where people are moving around more. There are areas in Asia as well. And then there are places like Europe, where things are still fairly locked down.
So it's really where people are feeling more confident about travel, where people are allowed to travel. We're certainly seeing plenty of signs of demand. It's just a question of consumer confidence and risk tolerance and what governments are allowing people to do.
finance.yahoo.com
US 500 MARKET CRASH AND HOUSING CRISISSimilar to 2008 and yes history repeats itself. How longer can the bubble last? Soon it will pop after stimulus is my prediction before April. interest rates are zero and houses are going for double market value. While other buyers are in forbearance. New buyers are getting fooled. Just like new buyers in the stock market. sell short and make money. That's the name of this sport " make money ". Please leave comments and likes. Thanks as always.
$TRCH Announces Closing of Underwritten Public OfferingTorchlight Prices Underwritten Public Offering of Common Stock
today announced the pricing of an underwritten public offering of 20,000,000 shares of its common stock at a price of $1.20 per share. The Company has also granted to the underwriter a 30-day option to acquire an additional 3,000,000 shares to cover overallotments in connection with the offering. Gross proceeds of the offering will be $24 million before the underwriting discount and offering expenses payable by the Company, assuming no exercise of the overallotment option. The offering is expected to close on February 10, 2021, subject to customary closing conditions.
finance.yahoo.com
Torchlight Announces Closing of Underwritten Public Offering of Common Stock for Gross Proceeds of $27.6 Million
today announced the closing of an underwritten public offering of 23,000,000 shares of its common stock at a price of $1.20 per share, which included the full exercise of the underwriter's over-allotment option, for gross proceeds to Torchlight of $27.6 million before deducting the underwriting discount and offering expenses payable by Torchlight.
finance.yahoo.com
NEWEGG.COM merger hypeThere does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media-Twitter and Twitter hashtags.
TWITTER:
$LLIT $15-17 then $20+ into NEWEGG.COM merger on bitcoin
$LLIT swing is alive. Proxies have been filed. http://NEWEGG.com!!! Easy $20 into merger, if not more, IMO.
$LLIT Merger Docs out today on NewEgg 1B+ Merger. Very low float, be smart. $20-30
$LLIT will become a bitcoin play as they merge with newegg.
$LLIT Great dip. After the proxy filing this should really start heating up next week. $20+ low end price target for the merger.
18% of the float is short. This could squeeze
$LGHL to set up US$800 million blockchain fundLion Signs Strategic Cooperation Agreement
Today announced it entered into a binding strategic cooperation framework agreement with Mr. Yao Yongjie, a leader in the global blockchain industry and the chairman of the board of directors of a public listed company on the Hong Kong Stock Exchange, Grandshores Technology Group Limited.
According to the agreement, the Company and Mr. Yao will each use their respective capital, platform and resources to jointly set up a fund of not more than US$800 million to jointly promote the development and the industry environment of blockchain technology, and actively promote the product innovation in the digital currency field, allowing clients to participate in the digital currency market more conveniently. The fund will invest, without limitation, in mine construction, mining and its upstream and downstream industries of digital currencies such as Bitcoin and Ethereum.
finance.yahoo.com
$LKCO $5.0 Million Registered Direct PlacementLuokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
EMG recently worked with BAIC BJEV to provide HD map services in autonomous valet parking ("AVP") for BAIC New Energy vehicles. The two parties will cooperate in depth on L3 (conditional driving automation) to L4 (high driving automation) autonomous driving related projects.
finance.yahoo.com
Luokung Technology Corp. Announces $5.0 Million Registered Direct Placement
today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of $5.0 million of ordinary shares at a price of $0.52 per share. The Company will issue a total of 9,615,387 ordinary shares to the institutional investors. As part of the transaction, the Company will also issue to the investors warrants ("Warrants") for the purchase of up to 4,807,694 ordinary shares at an exercise price of $0.68 per share, which Warrants will have a term of three years from the date of issuance.
finance.yahoo.com
Bitcoin Dominance vs AltsHello!
Here we have a Bitcoin Dominance chart on 4 hour timeframe.
What we can find from the picture: I have marked some with Red Circles .
There is a bullish divergence on RSI (orange lines) shown on 4hr and also on daily chart. Which tells us that a possibly trend change could be close by.
We did test the 200 Ema (red line) 2 times already but the bears got the hold like we can see from the price action.
We have seen a crazy bull market (new money flowing in) with alts, Btc and stocks. I am getting little worried because of this. Everywhere you look there is something going 20% to 100% even in US small caps. Peoples speculation is at dotcom levels.
I would suggest to slowly plan your future and possible exits if you see them fit, and look past all of the euphoria what is happening all around us. This is of course to you to decide.
Right now we are on this trend line on the price and the RSI . I do think that we might need to go get some more speed again from the bigger weekly trend line which is little lower, around 60%. (Previous weekly analysis)
We did already see a new Ath from Bitcoin yesteday but there clearly wasn't enough bulls. Otherwise we would have went to 50k.
I still think alts has little more to go based on the previous assumption and also which one would you buy with 1000 bucks. 0,02 Btc (possible 20%) or 1000 to 10k pieces of shit coin? ( possible 40% to 100% RIGHT NOW).
Point is Bitcoin is expensive and people see now only fast gains, free money everywhere.
What I have understoond is that US economy is not really doing well right now and at the same time Stock markets are booming. They don't go 1 to 1 so be careful
If you do trades use stop loss.
Otherwise you will get your ass burned!
-Jebu
$OLB Announces Plan to Offer Cryptocurrency Payment OptionsOLB Group Announces Plan to Offer Cryptocurrency Payment Options via Blockchain Technology on its OMNICOMMERCE Platform and SecurePay TM Gateway
OLB’s SecurePay TM Payment Gateway to Enable Merchants to Seamlessly Offer Cryptocurrency Payments
$OLB upgraded its SecurePay payment gateway system to support Cryptocurrencies including Bitcoin, Ethereum, USDC and DAI across all merchant platforms.
SercurePay is compatible with mobile, tablet-based and cloud infrastructure and will be integrated into the merchants current payment ecosystem, in order to enable the acceptance of Cryptocurrency payments.
finance.yahoo.com
$GSAT Globalstar’s Band n53 in Qualcomm’s X65 ModemGlobalstar’s Band n53 in Qualcomm’s X65 Modem
Qualcomm to Include Band N53 in New 5G Flagship Modem
The X65 is Qualcomm's flagship 5G modem and adds global 5G band support for n53.
The X65 also offers greater 5G deployment flexibility with increased spectrum aggregation options.
finance.yahoo.com
$AUVI Announces Acquisition of the Airocide Technology PlatformApplied UV Announces Acquisition of the Airocide(R) Technology Platform for Airborne Pathogen Reduction
Developed with NASA as a patented pathogen killing technology
Proprietary photocatalytic oxidation process thoroughly destroys viruses, bacteria, spores, and fungi as well as other carbon-based molecules
Airocide® air disinfection technology compliments and expands the SteriLumen platform, together providing a more comprehensive solution for air and surface
Accelerates the strategy to grow revenues through complimentary acquisitions
Enhances scale in the fast-growing disinfection device market
Akida's revenue for the full calendar year 2020 is estimated to be $4.7 million with EBITDA of approximately $921,000.
Airocide technology is widely accepted and currently used by nationally recognized brands such as Hard Rock Café, the US Army, Stag's Leap vineyards and many more.
finance.yahoo.com
Pricing of $13.6 million Registered Direct Offering Priced ATMSino-Global Shipping America Announces Pricing of Approximately $13.6 million Registered Direct Offering Priced At-The-Market
announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $13.6 million worth of its common stock in a registered direct offering and warrants to purchase common stock in a concurrent private placement priced at-the-market under Nasdaq rules.
Under the terms of the securities purchase agreement, the Company has agreed to sell approximately 1,998,500 shares of the Company's common stock.
In a concurrent private placement, the Company has agreed to issue unregistered warrants to purchase up to approximately 1,998,500 shares of the Company's common stock. The warrants will be exercisable immediately upon the date of issuance and have an exercise price of $6.805. The warrants will expire 5.5 years from the date of issuance. The purchase price for one share of common stock and a corresponding warrant will be $6.805.
finance.yahoo.com
Closing of an Upsized $20.7 Million Underwritten Public OfferingInspireMD Announces Pricing of Upsized $18 Million Underwritten Public Offering
$NSPR today announced the pricing of an upsized underwritten public offering of securities for gross proceeds of $18 million (or $20.7 million if the underwriters exercise their option to purchase additional securities) prior to deducting underwriting discounts and estimated offering expenses payable by InspireMD.
The offering is comprised of 29,032,258 Units, priced at a public offering price of $0.62 per Unit, with each Unit consisting of one share of Common Stock and one Series G Warrant to purchase one-half of one share of Common Stock, at an exercise price of $0.682 per share and expiring on the fifth anniversary of the date of issuance.
finance.yahoo.com
InspireMD Announces Closing of an Upsized $20.7 Million Underwritten Public Offering and Full Exercise of Over-Allotment Option
$NSPR today announced the closing of an upsized underwritten public offering of units for gross proceeds of approximately $20.7 million, which includes the full exercise of the underwriter’s over-allotment option to purchase additional shares and warrants, prior to deducting underwriting discounts and commissions and offering expenses payable by InspireMD.
finance.yahoo.com