PDSNET ARTICLES - DECEMBER 2017

The 3rd Acceleration

The upward trend on the S&P has accelerated even further. This third acceleration is well illustrated by the chart below:

Here you can see the three accelerations in the upward trend. The first began in December 2016 and persisted until August this year. This 2nd acceleration lasted until the middle of November and then it was superceded by the 3rd, even steeper

The Bitcoin Bubble

Over the past few years the emergence of cryptocurrencies, and particularly, Bitcoin has attracted much media comment and speculation. Your software includes a chart of the US dollar price of Bitcoin since 2010. It is like no other chart you have ever seen mainly because it is not a share or even a derivative. Many of our clients ask us whether they should be investing in Bitcoin and our answer