THURSDAY, APRIL 1st

Following the release of President Biden’s infrastructure spending plan, the equity markets extended recent gains and reached new all-time highs on Wednesday. A bill worth upwards of $2 trillion includes a tax increase that Wall Street expected to fund the plan within 15 years despite the idea of higher taxes. Despite the higher taxes, the news could turn into a news event that is easy to sell.

Other news includes solid economic data, which points toward a robust Nonfarm Payrolls report on Friday. ADP’s Employment report released on Wednesday shows that the number of new jobs increased by over 500,000 in March and was matched by a similar reading on Chicago PMI, which rose 7 points to surpass consensus estimates by 6 points and surge to its highest level since 2017.

The Dow Jones Industrial Average closed at an all-time high on Friday.

The Dow Jones Industrial Average reached all-time highs on Friday.

As investors rallied behind a successful economic reopening amid Covid-19, the Dow and the broader U.S. stock market ended the week on a positive note.

Among Wall Street’s major averages, the Dow Jones Industrial Average climbed 1.4% while the S&P 500 Index advanced 1.7%. The Nasdaq Composite increased 1.2%.

The Dow increased 1.2% for the week, the S&P 500 rose 1.6%, and the Nasdaq ended 0.6% lower.

On Friday, the CBOE VIX Volatility Index, commonly known as the VIX, declined 4.8% to settle at 18.86 on a scale of 1-100, where 20 represents the historical average. For the week, the “fear index” declined 10%.

As of Friday, 100 million doses of Covid-19 vaccinations used, and President Biden set a new target of 200 million doses within the first 100 days in his presidency.

According to economic data, building permits fell 3.8% last month, with construction permits declining by 3.4%. Orders for durable goods declined 1.1%. Nondefense Capital Goods Orders excluding aircraft declined 0.8%.

Additionally, initial jobless claims dropped to 684,400 from 727,000 last week.

The three most promising dating app stocks for investors

I enjoy the fact that Valentine’s Day is fast approaching, so investors might want to take a moment to reflect on how technology has advanced over the past few years and how that can help the dating services market, in general, in the future. Revenue from the dating services market will reach $7.7 billion in 2021 and keep growing at an annual rate of 8.6% annually by 2024. Naturally, several companies will benefit from this growth, which could present great long-term investing opportunities.

Technology like artificial intelligence and machine learning can continue to advance dating applications in the future. There are many compelling reasons to invest in dating app stocks at this time, which is why we have decided to put together a list of 3 dating app stocks investors can get excited about right now.

Bumble (NASDAQ: BMBL)
The newest dating app stock on which investors should keep an eye is Bumble. The company went public earlier this week, rallying over 63% on its first day of trading. Bumble’s dating app will empower women to initiate contact with their matches. The Bumble product portfolio is rounded out by friendship and networking applications, and the dating app gives the company a wide range of growth opportunities.

Experts estimate that Bumble will have 12 million active monthly users in September 2020, including an average of 2.4 million paying users. In 2020, Bumble generated $416.6 million, which represents a considerable increase year-over-year. Investors should probably hold off for a few weeks before buying shares since the company doesn’t have much of price history, but on the plus side, it’s a dating app stock that’s worth holding.

Match Group (NASDAQ: MTCH)
the number 1 downloaded dating app on the web, look no further than Match Group. The Tinder app was growing at an astounding pace in FY 2020 and delivered $1.4 billion in revenue, representing a year-over-year increase of 18%. In addition to Tinder, Match Group has its dating app network with such well-known platforms as Match, OkCupid, and PlentyOfFish. Match Group owns and operates dating apps in over 40 countries worldwide.

In Q4 2018, total revenue was up 19%, and adjusted EBITDA grew 15% to $897 million. If you want to invest, make sure you check out Match Group stock.

Momo (NASDAQ: MOMO)
Besides, Momo is an excellent option since it’s one of China’s most popular dating apps. The company operates a mobile social entertainment platform called Momo that is mainly used for dating and owns Tantan, a dating app geared toward younger users. Both of the apps rank among the most widely used in China.

Momo stock sold off hard during the onset of the pandemic and hasn’t quite recovered yet, meaning that it offers decent upside at this time. However, the company recently reported a year-over-year decrease in Q3 net revenues of 15.4% to $554.8 million. Monthly active users are also on the decline, and the company’s management expects another drop in Q4 net income due to the pandemic’s impacts. With that said, the stock is up 46% year-to-date and seems to be getting back in favour with investors. Consider this Chinese dating app stock a high-risk option with upside.

stainless steel runs smoothly and nickel demand is still guaranteed

Stainless steel runs smoothly and nickel demand remains strong.

At the macro level, economic expectations are heating up, domestic economic conditions are improving, and market sentiment is optimistic.

In terms of industry, nickel ore supplies are tight and the price remains high. Ferronickel plants do not wish to ship goods at a loss, while stainless steel orders are good and prices remain stable

In general, the demand for nickel in the downstream industry is still guaranteed, and the Shanghai nickel market should not be pessimistic. The reference range of Shanghai Nickel 2102 contract is 115,000-123,000 yuan/ton, and the reference range of SS2102 contract is 1,3000-13600 yuan/ton.

In terms of operation, Shanghai nickel is long on dips, while stainless steel is on the sidelines.

Uncertainty risks: epidemic development, overseas economic stimulus policies, nickel resource imports, changes in stainless steel capacity utilization

One

Market review

Nickel prices dropped overall this week. Although the macro environment is generally positive, the continuous rise of the metal sector in the early stage has caused a phased correction in the sector, which has brought certain pressure on the nickel price. In addition, the industry is generally stable and there is no obvious good news for the time being. The transaction price of ferronickel is still at a low level, only nickel ore still has support.

Open the app to read the latest report

two

Analysis of price influence factors

1. Macro aspect

1.1. Overseas: Fiscal policy is expected to heat up, and the macro environment continues to warm up

Pfizer halved vaccine production in half a year, which once disturbed the market. OPEC’s production growth slowed down, and rising oil prices pushed up inflation expectations.

US President-elect Joe Biden nominated former Federal Reserve Chairman Janet Yellen as a candidate for finance minister, is conducive to the subsequent fiscal policies. The two parties in the United States jointly proposed a fiscal stimulus agreement, and the probability of fiscal stimulus increased during the year. U.S. manufacturing data has fallen, non-agricultural employment has been significantly lower than expected, the impact of the second outbreak of the epidemic is showing, and it

On the macro level, expectations of overseas fiscal stimulus heat up, the domestic economy continues to improve, and market sentiment tends to be optimistic. In terms of industry, the supply of nickel ore is tight and the prices remain high. Ferronickel plants are not willing to ship goods at a loss, and stainless steel orders are better and prices remain stable. In general, the demand for nickel in the downstream industry is still guaranteed, and the Shanghai nickel market should not be pessimistic. The reference range of Shanghai Nickel 2102 contract is 115,000-123,000 yuan/ton, and the reference range of SS2102 contract is 1,3000-13600 yuan/ton.

In terms of operation, Shanghai nickel is long on dips, while stainless steel is on the sidelines.

(Editor in charge: Chen Zhuang)

The CBOE VIX Volatility Index ended Monday with a positive reading.

The CBOE VIX (VXX) rose on Monday as U.S. stocks pulled back from all-time highs following another surge in COVID-19 cases.

The Chicago Board Options Exchange Volatility, commonly known as the VIX, reached an intraday high of 22.62 on a scale of 1-100, where 20 represents the historical average. It would eventually settle up 2.7% at 21.36.

The large-cap S&P 500 Index (SPY) declined 0.2% on Monday.

iPath S&P 500 VIX Short Term Futures ETN: (NYSEARCA: VXX) Invented to offer exposure to the S&P 500 VIX Short Term Futures Index Total Return. The index trades CBOE Volatility Index futures by way of long positions on first- and second-month VIX Futures contracts. VXX advanced 0.6%.

ProShares Short VIX Short-Term Futures (SVXY) to track the S&P 500 VIX Short Term Futures Index’s inverse daily performance. SVXY declined by 0.2%.
Now you can trade VIX CFD with 24option.com.

ProShares UltraShort Term VIX Futures: (UVXY) UVXY is created to achieve1.5X (leveraged) returns of the day’s moves in the S&P 500 VIX Short Term Futures Index. It follows the two front months of the futures contract. UVX advanced 0.5%.

The Corona effects on bitcoin price

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3 Ways Coronavirus May Have Affected Bitcoin – CCN.comwww.ccn.com › 3-ways-coronavirus-may-have-affected-bitcoin
17 Feb 2020 – As coronavirus continues to spread mass panic worldwide, its impact on bitcoin is becoming more evident. Here are three critical factors

  1. Chinese Quarantine Cash To Stop Coronavirus, Not an Issue …cointelegraph.com › news › Chinese-quarantines-cash-to-stop-corona…
    16 Feb 2020 – Chinese Quarantine Cash To Stop Coronavirus, Not an Issue With Bitcoin. News. It has been reported that China has started a quarantine of its …

China’s Economy on the Brink of Collapse amid Corona Fears
Twenty-one hours ago – While the Coronavirus outbreak grows, there are anxieties about its long-term effect on China’s economy. Can Bitcoin help solve issues? Traders Demand More Crypto and Bitcoin CFD trading.

Coronavirus “is good for bitcoin” | FT Alphavilleftalphaville.ft.com › 2020/01/27 › Coronavirus-is-good-for-bitcoin
27 Jan 2020 – Don’t let moral anguish over the deaths of potentially thousands of people get in the way of an opportunity to shill some crypto and pump up the …

Bitcoin tumbles along with stocks amid coronavirus …
One day ago – Bitcoin and other cryptocurrencies were tumbling along with stocks, calling into question the narrative that crypto is a haven asset class.

The Coronavirus Could See Bitcoin ‘Explode In Value’ – Forbeswww.forbes.com › sites › 2020/02/03 › coronavirus…
3 Feb 2020 – Bitcoin climbed to a year-to-date high last night, moving sharply higher as the China stock market plummeted on its reopening afterl

Bitcoin Rallies to Near $9,150 as Stocks Drop Over …www.coindesk.com › bitcoin-rallies-to-near-9150-as-stocks-drop-over…
28 Jan 2020 – Bitcoin is rising in line with a broader uptrend that began well before the coronavirus scare began weighing on traditional markets.  

Gold remains unchanged around 1254-6 crude oil continues dropping to 47

2018-12-19 14:16:23 and News Network
  Yesterday, the gold market did not continue, it is still a range of shocks, fluctuations around the 1245-50 range, but the crude oil is very fierce, the US plate fell again, the lowest to 46 first-line, a single-day drop of 8%, really makes people happy.

  Most people like trends, but most people are exploding in the trend.

  Such of gold, continuous shocks, fluctuations in the range, small price fluctuations, and high repeatability, it is difficult to break the position in gold these months. Still, crude oil, I think many people will have headaches. If you are not careful, you will return to liberation one night.

  Often talk about the trend, in the trend, don’t guess the bottom, but many people can’t stop the temptation of price, think that the decline is too significant, the chance of bargain-hunting is coming. Or the daily line receives the Yin. The turn is yang. This is a kind of speculation, forgetting that the more significant the decline, the weaker the trend, and the greater the decline, the market is the actual short.

  For more than a month, in the group of students, almost every day, the trend of crude oil is recommended to be weak, and crude oil is used as a symbol of learning. To move to profit, the greater strength in the downturn is not the key to changing direction, but only to fix short positions.

  On these two days, we will summarize the points for you, and we must remember:

  1, the low position in the weak sideways, must not stop falling, but the weak consolidation, the bottom of the test is not supported, but the lack of support, the probability of breaking high.

  2, the weak Bolian Yin, the most basic signal, the first Yin after the Yang Xian, must continue to fall.

  3, when there is a large amount of counter-pumping in the fall, do not think it is bottoming out. The anti-pumping force is considerable, just a short correction.

  4, the daily line continues to fall, is a steep decline, this trend, there will be a second wave of decline, the rebound is also empty.

  The gold market is different, continuous shocks, interval operation, and low price fluctuations, so in this market, give you a summary:

  1, do not chase the single; chase the single no profit.

  2, do not believe in breakthroughs; breakthroughs do not continue.

  3, try to find a relatively safe double top and double bottom trading.

  4, refer to the front strength to layout the trend.

  So, you will understand that gold is slow and volatile, and crude oil is falling.

  I remembered a few days ago. I summed up the sentence: the inexhaustible crude oil, the gold that can’t afford it. It probably describes the current state.

  So today, gold continues to see more shocks.

Gold looks stable around 1254-6 unchanged crude oil 47 continues slipping.

  Today we will take 4 hours to look at it.

  1, yesterday, the price of the second test 1245 back pumping, forming double bottom support, this is the lifeline and watershed of today’s bulls.

  2, the price encountered resistance in the early high point around 1250 and sideways shocks.

  3, early bottom detection continues to consolidate in the 1250 line.

  Today’s market is relatively simple. It is difficult to suppress the retreat, and the rise will not be withdrawn.

  In other words, the ups and downs are from now on.

  Yesterday evening we suggested 1247.5-48 more than one, and today we can continue to hold the target 1255-6 line.

  In addition, the short position is also recommended in more than 1248, breaking 1244 damage, the target remains unchanged.

  In addition, if there is no breakthrough in the suppression of the day, then retreat again, do not consider more than 1244-5, this position is suppressed, it is challenging to rise.

  In terms of short selling, we need to wait for the evening. The daily line has been relying on the moving averages to rise slowly. We are worried that there will be an outbreak, and we will not consider it in the day.

  On the wild side, today is the second day after the bottom, and the daily line has fallen for three consecutive days.

  Note that the bottom is instead the short release, which will speed up the arrival of the bottom. Usually, 2-3 days after falling below the previous low, you can’t hit the air.

  According to the current form, the air can be used for up to 1-2 days, and the crude oil will have a back pumping.

  Therefore, this must remind everyone that there is no problem in the air, but we must not die, but we must take a reasonable stop loss and rationally bearish.

  Crude oil still has two points today:

  1,47 line small, 47.4 plus, loss 47.7, target 45.80-60.

  2, see if the morning breaks the bottom, the bottom is similar to yesterday’s form, and you can choose the radical direct layout in the afternoon.

NETELLER enables conversion to digital currencies

NETELLER enables conversion of more than twenty standard currencies to digital currencies within its system, solving the necessity to use online exchanges.

Digital wallet and online payment provider NETELLER is now delivering its customers buying and selling directly digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin.

The interesting feature is NETELLER’s task to offer exchange service of 28 fiat currencies to crypto coins using its system, imaginably avoiding the currently troublesome process of using crypto exchanges, or peer-to-peer platforms, or going to a bitcoin ATM, to acquire or dispose of funds.

How long will it take for the European banks’ monetary policy to normalize?

  On Thursday (September 13th), the European Central Bank (ECB) announced that it will maintain the three key interest rates unchanged. It will maintain a monthly debt purchase of 30 billion euros until the end of September 2018. It will end its purchase in December 2018 and will maintain The current key interest rate remains unchanged until at least the summer of 2019.

  At the same time, the European Central Bank lowered its GDP growth forecast for 2018 and 2019, maintaining inflation expectations for the next three years. It is expected that the GDP growth rate of the Eurozone in 2018 will be 2%, the previous value is 2.1%; the GDP growth rate is expected to be 1.8% in 2019, and the previous value is 1.9%.

  In addition, European Central Bank President Mario Draghi said that the downside of economic expectations is due to weak external demand, and the euro zone’s economic growth has been higher than the potential growth rate for some time. At present, domestic cost pressures are constantly tiring, and protectionism and emerging market risks are prominent.

  However, at the subsequent press conference, Draghi “changed his face” and unexpectedly released positive comments, expressing his willingness to watch the inflation outlook, saying that the uncertainty of the inflation outlook is declining, and inflation is moving closer to our goal, even if QE is over. Inflation can still move closer to 2%, and core inflation levels will rise before the end of the year.

  During Draghi’s press conference, the euro/ dollar reversed the previous decline, and the short-term sharp rise of 90 points, breaking the 1.17 mark for the first time on August 30.

  On Friday (September 14), Rabobank analysts pointed out that the European Central Bank (ECB) monetary policy normalization still has a long way to go. So the next risk is that when the next recession comes, the ECB has little room to act.

  The Dutch Cooperative Bank pointed out that if this is the case, it will depend on whether the fiscal policy at the time can stabilize the economy. At present, most countries in the Eurozone do not seem to have enough fiscal space to properly carry out this task, which may increase the impact of the next recession.

  At the same time, the bank’s analysts pointed out that the current eurozone debt ratio and budget balance show that compared with the pre-crisis 2007, the financial situation of the eurozone countries has not improved or even worse.

  In addition, the Dutch cooperative bank pointed out that given the current economic performance of the eurozone countries, it is now a buffer. Unfortunately, however, European fiscal rules are ineffective in forcing countries to significantly increase their savings during the boom.