The Bitcoin miracle
One of the most stunning examples of lofty valuations with reminiscences of the tulip mania is Bitcoin. Below is the Bitcoin chart of the last 5 years. Bitcoin made an incredible run and went from 5 cent to over $1000 in a little more than three years. Every white dot of the vertical scale marks […]
Bitcoin is ready to restart
Bitcoin, the miracle from the cyberspace, may see new highs. Let’s have a look at the remarkable chart that shows an advance from $5 to over $1000 in less than two years. Yesterday Bitcoin managed to get over $400 again and this long-term chart looks as if it were ready for more. Why? During the […]
Bitcoin is warming up for new highs
During the last month a fallen angel has started to rise again: Bitcoin. What actually is the fuel behind the move? As usual with Bitcoin, nobody knows for sure. One month ago the Bitcoin exchange Gemini of the Winklevoss twins came alive. Perhaps this is seen by the market as a precursor of their planned […]
Tesla surprises with strong sales
During the last weeks Tesla (TSLA) sold more of their flagship product than they previously estimated. The news produced an impressive intraday run. However, the high stock price implies and demands strong growth and, seen from this angle, such unexpected news is actually anticipated. Let’s see whether it is the precursor of a growth acceleration […]
Facebook surprises with mobile ad revenues
Facebook (FB) is premarket about 25 to 30 percent higher after beating earnings and revenues estimates by a slight margin. The share of mobile ads exceeded all expectations with 41% of total revenues. Mark Zuckerberg believes that mobile revenues will soon be larger than desktop revenues. Is that wishful thinking and the current mobile trend […]
Tesla surprises with revenues and earnings
Today the stock of the leader in electric cars gapped up on record volume. After having already indicated one month ago that sales picked up more than expected, Tesla Motors (TSLA) again surprised with unexpected financial results for the last quarter. There are two great questions at this time: Will the electric car be the […]
Tesla announced coming profitability
Tesla (TSLA) gapped up today on the announcement that more than expected Model S sedans will be sold during the quarter than it projected.
