Well as expected by many people the Bitcoin event did nothing to the price other than now the earning for miner slashed in half, so let see how long can miner hold on to their mining rig. However the famous cnn news wrote article here https://www.cnn.com/2020/05/12/investing/bitcoin-halving-price/index.html indicated “Bitcoin ‘halving’ could boost its price as more investors flock to cryptocurrencies”
Category: Oil
Trump says increase in crude oil prices ‘best of all worlds’ for US. Oil jumps more than 6% as Saudi Arabia pledges further production cuts. Trump praises the oil rally, says energy companies ‘are starting to look very good again’ – Business Insider. Norway Takes $41 Billion From Oil Fund To Bolster Economy.
According to fool.com
Company
Market Cap
Arcturus Therapeutics (NASDAQ:ARCT) $249.1 million
BioNTech (NASDAQ:BNTX) $12.2 billion
CSL Behring (OTC:CSLLY) $89.8 billion
Dynavax (NASDAQ:DVAX) $293.9 million
GlaxoSmithKline (NYSE:GSK) $93.7 billion
Inovio Pharmaceuticals (NASDAQ:INO) $1.2 billion
Johnson & Johnson (NYSE:JNJ) $357.9 billion
Moderna (NASDAQ:MRNA) $11.4 billion
Novavax (NASDAQ:NVAX) $821.8 million
Pfizer (NYSE:PFE) $190.2 billion
Sanofi (NASDAQ:SNY) $112.9 billion
TranslateBio (NASDAQ:TBIO) $614.1 million
According to cnn.com “The 31 analysts offering 12-month price forecasts for Tesla Inc have a median target of 615.00, with a high estimate of 1,100.00 and a low estimate of 240.00. The median estimate represents a -24.91% decrease from the last price of 819.02.”
I guess he doesn’t have plan B for pandemic? an article talkabout Warent Buffet “Has Warren Buffett lost his magic touch?” afr.com “But after this weekend’s 55th Berkshire Hathaway annual general meeting — the first that investors could not attend — more shareholders are asking whether the 89-year-old Oracle of Omaha has finally peaked.”
How do Bitcoins work?
Each Bitcoin is basically a computer file which is stored in a ‘digital wallet’ app on a smartphone or computer. People can send Bitcoins (or part of one) to your digital wallet, and you can send Bitcoins to other people. Every single transaction is recorded in a public list called the blockchain.
What is the purpose of Bitcoin?
Bitcoins are blocks of ultra-secure data that are treated like money. Moving this data from one person or place to another and verifying the transaction, i.e. spending the money, requires computing power. Users called “miners” allow their computers to be used by the system to safely verify the individual transactions
Categories
Is it time to invest in oil again?
Over the past few days oil price been picking up after few weeks of dropping like a rock.
WTI Crude 26.32 +3.54
Brent Crude 30.64 +3.44
Natural Gas 2.122 +0.129
Mars US •19 hours 23.99 +0.41
Opec Basket 18.36 +1.84
Categories
OIl price pick up finally but for how long?
According to marketwatch, “U.S. oil prices climb by more than 20%, but stay on track for a monthly loss”
Yes still a loss even it pick up 20% but still on track for a monthly loss. “West Texas Intermediate crude for June delivery CLM20, 11.89% CL.1, 11.89% rose $3.25, or 21.6%, at $18.31 a barrel on the New York Mercantile Exchange, after a 22% surge on Wednesday. For the month, prices were still down roughly 10%, from the front-month contract settlement on March 31.”
Short answer is yes. Any big cap companies like Applied Materials Inc. is a good buy, it doesn’t go volatile easily, although slow growth but stable and safe. According to Yahoo finance wrote an article about this company “Applied Materials is a Zacks Rank #1 (Strong Buy) right now, based on its longer-term positive earnings revision activity. And investors looking for a semiconductor stock for 2020 might want to consider AMAT given its outlook, some of its other fundamentals, and its industry’s strength.” This was back in December 2019.
There has been report of Kim Jong-un not feeling so well, some even guess that he is in vegetative stage or even dead. So what will happen if he is no longer the supreme leader of North Korea? Who will be the next leader?
Vegetative stage basically mean the person is brain dead, not responding to what around him or her, no awareness what so ever, it’s like a human body without a soul. It’s sad for that to happen with any human being whether you’re a cruel person or not. This had happened to one person captured by North Korea, his name was “Otto Frederick Warmbier” somehow he was in vegetative stage during his prison sentence in North Korea, the North Korean didn’t know what to do, so he send Otto back to the USA and not so long after, maybe days or weeks he died. Some people might say “what goes around comes around”