News 

Op-Ed: Trump has a new winning message in Obamacare battle

“President Donald Trump may have done just that in the health-bill wars by shining a light on health insurance companies and members of Congress” writes Jonathan Ernst for cnbc.com. But even before those new profits came pouring in, health insurers weren’t exactly loved.To be fair, health insurance can and should serve a role in providing healthy and relatively healthy people some kind of hedge against an unexpected major or emergency medical cost.It’s a nice perk and really no change from the cushy health-care benefits Congress and congressional staffers enjoyed before…

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Crypto Markets News 

Bitcoin to surge nearly 80% to $5,000, ethereum to double, Standpoint’s Moas predicts

“He also expects rival digital currency ethereum to more than double in value from just under $200 to reach $400 in the next year, and another digital currency, litecoin, to double from about $40 to $80” writes Evelyn Cheng for cnbc.com. Moas gave bitcoin a $5,000 price target for 2018, reflecting nearly 80 percent upside from Monday’s price of about $2,800.Moas’ report comes just before a possible split in bitcoin Tuesday, if some developers go ahead with a scheduled upgrade known as Bitcoin Cash.All that said, the stock analyst said…

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Markets News Stocks 

Cramer: Why I’m still positive on the bull market despite all the negative chatter

“It’s really hard to stay positive about this market in the face of conventional wisdom that is so darned negative,” the “Mad Money” host said” writes Elizabeth Gurdus for cnbc.com. “In the end, maybe that’s what’s really keeping stocks up.Cramer agreed that the FANG stocks have floated into “overvalued” territory, particularly after their earnings reports, but thought people were being too negative on Nvidia, one of the market’s hottest names. Source: cnbc.com Share This:

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News 

China’s $300 million investment in Abu Dhabi Ports is a ‘milestone’

“Five Chinese companies have agreed to spend a total of $300 million in a deal with Abu Dhabi Ports, deemed a “milestone” by CEO Mohamed Juma Al Shamisi” writes unknown author for cnbc.com. In a deal struck through the Jiangsu Provincial Overseas Cooperation and Investment Company, the companies have signed a lease on 2.2 square kilometers of the Free Trade Zone of Khalifa Port, which the United Arab Emirates (UAE) firm Abu Dhabi Ports oversees. According to Reuters, the Chinese firms involved in the deal are Hanergy Thin Film Power…

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Markets News Stocks 

Yes, the stock market could be hacked. But …

“But, let’s just ask it: Could the stock market ever be hacked?” writes David Woolfall for cnbc.com. Since major stock market exchanges run on their own offline networks though, phishing just wouldn’t cut it.The stock market has serious protections in place to prevent any sort of “hack,” or fraud-based fiasco brought on by hostile actors.Millions of Americans rely on the stock market as their primary wealth-building tool.People put an incredible amount of faith in the stock market. Source: cnbc.com Share This:

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News 

Huge behind-the-scenes success for Digital Developers Fund in its fundraising ICO.

“Digital Developers Fund (DDF) is an investment fund focusing on high growth digital assets such as domain names and crypto currency” reports newsbtc.com. With a few days to go until the end of its ICO, Digital Developers Fund announced the fundraising has successfully secured over $1 million from nearly 600 participants.In 2017, the fund rebrands to “Digital Developers Fund” and raises funds via an ICO to expand its asset allocation. “Almost 600 contributors have now joined us on our quest to make investing in digital assets easier and more transparent.The…

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News 

Spotify subscribers grow to 60 million as rumors about going public heat up

“The dominance of Spotify in the streaming music space continues to grow, as the company revealed new subscriber numbers on Monday: 60 million” writes Adario Strange for mashable.com. As more players fight for a piece of the streaming music market, including Tidal, Amazon Music, and Google Play Music, Spotify will likely find it difficult to keep up its stunning growth.Over at Apple Music, the company puts its number of paid subscribers at 27 million. Source: mashable.com Share This:

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JPY News Reviews 

JPY Daily Review July 31, 2017

JPY Daily Review for July 31, 2017 Currency In Play: Dollar recovery post GDP releases pressure on EUR. GBP, JPY   #CurrencyInPlay #USDJPY finds resistance in the low-111.00s Eddie Tofpik, Head of FX at ADM ISI, joined us today on Currency In Play. He argued the upside in #USDJPY could meet some interesting hurdle in the 111.00 ne…   US Dollar – Is it a Buy or Sell versus Japanese Yen? Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives…

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