Financial & Crypto
Stock Market etc. and Crypto Coin Markets
A Guide to Understanding These Investment Issues
Wall Street Inquirer: founded 1983 by Anthony Campos, PhDedit text. What do visitors to your website need to know about you and your business?
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We are in a bear market. My advice is to stay in cash. All of the rallies have failed. The economic situation is not being addressed by the government. It is comparable to a death wish by the U.S. leadership. The Nasdaq averages are not showing improvement. the prior rallies have been carried out by healthcare stocks and banks. The techs have not reacted very well. This market cannot turn into a bull market with the tech stocks. The government is spending money on solar energy.....a technology that can only be supported with advanced technology that may still be years away in development. Money is being wasted on technology that cannot be supported. This will lead to fraud as businesses will try to grab the funds under false claims. Keep your money safe until some of these problems are resolved. (12/31/2022 by Anthony Campos)
The rally of late November may be a deception. The 30 Dow stocks average went up nicely. The 500 S&P stocks went up but not as good as the Dow. However, the Nasdaq has trailed by quite a bit. No one seems to be paying attention to the Nasdaq. The Nasdaq is weak. As long as the Nasdaq is weak, this is not a new bull market and caution is advised. Also,, the FTX debacle involving Backman-Fried has dampened the crypto market for a while. Meanwhile, the government agencies are lying about the state of the economy. Higher interest rates to fight inflation will not work, because Biden's energy policy is inflationary in itself. The big lie goes on within the center of the government in Washington,, D.C. (12/3.22 by Anthony Campos)
The rally of October 27 and 28 was meant to bolster the Democrat Party off of a positive GDP number. Nothing has changed in the fundamentals of the market. There has always been strong rallies in a bear market meant to fool the average investor into buying while insiders were selling. Some of the major tech stocks have just announced warnings about future activity. these include Microsoft, Amazon, Google, and Facebook. These are major firms. Meanwhile, the Dow was pumped by healthcare stocks which have been bolstered by government covid spending. In brief, the techs are most always required for a major bull market. (10/29/22 by Anthony Campos)
I warned about this in the past. Mutual funds and 401 accounts will continue to get hit. Our government is simply continuing to go on a suicidal path. The numbers can only get worse. People should have sold months ago. The tech stocks have relied on China, and China is now in deep trouble. Interest rates will go higher. The chart patterns for the Dow and S&P are highly negative. However, there will always be a rally which will eventually fail. (10/13/22 by Anthony Campos)
Stocks and crypto remain bearish. Stocks may very well go much lower and possibly even crash completely. The charts on the S&P and Dow show that major support is at a much lower level. The next Dow support may be at the 28000 level. It was advised several months ago here that we were going into a bearish mode and it is not over. Political decisions have been destructive. (9/23/22 by Anthony Campos)
We continue to be in a bearish mode. The markets are going much lower.....possibly 20% more. The problems are many. President Biden and his people are so far off the mark. There is nothing bullish to go on. Inflation will continue and the Democrat Congress wants to spend more. The new anti-inflation bill is a travesty. The ship is sinking. Stay out of mutuals and most stocks. (9/15/22 by Anthony Campos)
First of all, let it be known that you can buy fractions of a coin. That means that you can buy Bitcoin without buying the whole coin. You can buy fractions of any coin at any one of many brokerage firms. Two firms would be coinbase.com and robinhood.com. Coinbase charges commission fees while Robinhood does not. It is really easy to apply for an account.
Once you have an account, you can buy a whole coin or a fraction of a coin. For example, you can order a $100 worth of bitcoin. The money comes out of your checking account. You can complete an order while the money is still in your checking account. At robinhood.com, you can trade for a stock or crypto without waiting for the money to reach your trading account as with other major brokerages. This means that whenever you feel that an immediate trade is necessary, it can be done immediately. At this time, the major brokerage firms do not trade crypto, but they are considering limited trading in bitcoin.
It is the opinion of this writer that Ethereum is a good long term buy and hold.
Anixa is a publicly-traded biotechnology company developing a number of programs addressing cancer and infectious disease. Anixa's therapeutics portfolio includes a cancer immunotherapy program which uses a novel type of CAR-T, known as chimeric endocrine receptor T-cell (CER-T) technology, and a Covid-19 therapeutics program focused on inhibiting certain viral protein function. The company's vaccine portfolio includes a vaccine to prevent breast cancer, and specifically triple negative breast cancer (TNBC), the most deadly form of the disease, and a vaccine to prevent ovarian cancer. These vaccine technologies focus on immunizing against specific proteins that have been found to be expressed in certain forms of cancer. Anixa continually examines emerging technologies in complementary fields for further development and commercialization.
ANIX shareholders can use the message board listed above specifically formed for people interested in Anixa. Former name of this company was Copytele which became Itus and then became Anixa.
My description of the market is that it is legally crooked from corporate management to brokerage houses. Public investors are used as pawns to make the system work. Some investors may profit while others are victimized. In other words, investors believe that they are protected in all cases. In reality, investors are not. The actual laws are legally crooked to protect a certain class of people that perpetrate unethical procedures under the direction of lawyers who know the loopholes. It seems as if there is more money to be made if you are on the side of the unethical.
As of this date (FEB 26 2022), the stock market is in a bearish mode. Much will now depend on inflation and higher interest rates. Corporate profits may not enhance higher stock valuations since stocks are already over-valued. The Biden policy is weighing down the economy and it is serious with a continual climb in the national deficit.