ProShares Files for BITCOIN ETF and One to Bet Against It

This has been widely anticipated as #ProShares prepares alternatives ways for investors and traders alike to potentially carry a certain degree of manageable risk surrounding trading the digital currency. Its acceptance , though slowly building into a real global powerhouse as its block-chain technology backbone is now getting into important Fintech related industry levels and companies developing into the future.

 

CNBC: ProShares Files for Bitcoin ETF  

A well thought and planned addition and outright solution for the #Futures and #ETF market. If it can be done with the volatile #FX market so can it be made possible with #Bitcoin and its related financial instruments. Though it still take some time to get all things ready by then market landscape for digital currency would be widely accepted. Especially when these instruments would be traded in the US where regulatory requirements are well managed. Accredited and most sophisticated investors may well be the first ones to engage once all systems are a go. 

Likewise a welcome treat for us at MegaTrade101 as we facilitate and relate to the modernization of our clientele that would be provided a selective choice of instruments that would best fit while serving their respective objectives. The relevance of trading and investing in today's changing market conditions is important moving forward to aim for Alpha in spite of the global low rates eventually would change in the near future starting of with the US Federal Reserve.

Market's Theme: Alternating Trades As Market Shifts

#Equities #Currencies Cross / Alternate Trading / Strategies

We have obviously seen how the markets have been shifting gears with investors taking a cue from the recent Nasdaq decline. While a renewed price recovery helps from the FAAMG stocks, the DOW's resiliency at this time needs a little more respect other than calling it out. These price move is a 'Classic Market Play between Financials & Tech Stocks.'

This has been quite a show of strength and courage for these markets to stay well within their higher bands contrary to and expecting declines. Although, traders and tactical investors have proven to be more pro-active to the recent records highs of the #DOW & #SP500 as they now move closer towards the end of the 2nd quarter trading. Besides, the recent decline from the Nasdaq can be considered a "Market Shakeout' from over-crowded positions other than a 'Flash Crash' so to speak.

As for the currency market, 'Alternating Trades' between #CABLE & #EURO with the fundamental backdrop; the #EURGBP Cross Rate as mentioned in our May 22-26, 2017 market outlook, having been the beneficiary of a Euro recovery. For as long as a continuation of the prices goes above the 1.1380 then we could see the EURGBP go beyond its current prices @0.8820 as of this writing. The #USD-#DXY weakness have contributed more to its recovery rather than on its own.

The same case scenario can be seen on both equities and currency price movements that 'Alternating Trades' could best be made while waiting for some increase in volatility in the market from fresh incentives.  Others may call these moves as a 'Rotation' when you're outside looking in, but active traders and investors could properly position themselves to be able to navigate market potential while at the managing risk.

NOTE: Relative to science a 'Paradigm Shift' is where we find that new technology brings about new changes in how investors/traders interact in the global financial markets. That is the very essence and importance of being strategically relevant in today's global connection in trading and investing.

#TECH #FINANCIALS PRICE ACTION IS BACK

Again, Tech and Bank Stocks are taking the lead as Wall Street stretches its gains after a gradual correction from the lows at 20453; while trading now at the 20567 recovery price. Compared with the overlay chart of the SP500 that is still at the resilient price of 2368 levels at the start of Monday's US trading session.

DOW Overlay SP500 US Trading Session

Coming from a market holiday last Good Friday,have given traders some relief as the three major indexes moving forward in a positive tone as earning season brings about fresh impetus in the market to find the next catalyst. This just shows that risk adjusted returns may have emerged back into earnings season after a geopolitical strain from OPEC & North Korea that provided uncertainty into the markets which led to the recovery of Gold prices back towards the 1290.00. And a safe haven move in the Yen's strength that saw the USDJPY traded near the 108.00 levels with the NI225 traded near the 18200 levels in the Asian session.

#TECH  #FINANCIALS PRICE ACTION IS BACK
Round 2

Two (2) Major Sources of US Market's Rally to Record Levels

Sustainable & better than expected Earnings from Technology & Financial sectors on top of the good economic data that came into the market recently. Plus the expectations coming from the new administration's focus on tax reform, infrastructure spending which may still be in the wait before actual reports would again fuel the market's rally. Which during such time market pullbacks are also expected to leave some breathing room for the rally where these pullbacks may not be huge increments but enough to make prices do self-adjustments in moving forward for a continuing healthy bull market trend.

As of Week Ending Feb 17, 2017

Two (2) Major Sources of Market's Rally to Record Levels

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