The Traderszone Network

Don’t mine your coin while cashing your checks from The Fed.

Three economic data points from Japan
Overall Household Spending y/y for December,  -0.3% 
– expected -0.9%, prior was -1.5%
Jobless Rate for December, 3.1%

WeWork has yet to open a location in Japan, but it could soon get an enormous investment from the land of the rising sun. Tokyo-based SoftBank is considering paying more than $1 billion for a stake in WeWork as part of a $100 billion technology fund it is currently raising. Any deal wouldn’t be completed before the fund closes, which is scheduled for mid-February. The investment would likely match or surpass the $17 billion valuation … [more]

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There is no firmly scheduled time for the Bank of Japan Statement following their meeting
As a guide, expect it in the 0230GMT to 0330GMT time window. That’s based on past experience, here are the times of the announcement from 2015 and 2016:

Investors looking for ETFs with rising momentum should begin to consider the IQ ARB Merger Arbitrage ETF (MNA). This product just hit a new 52-week high of $29.65 today, and is now up 10.18% from its 52-week low price of $26.91 per share.

Will this ETF continue its string of recent wins? Let’s take a closer look at the fund, its recent gains, the category it resides in, and its ratings and outlook to get a sense of whether its momentum is sustainable or not.

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Fitbit Inc.’s latest woes show the difficulties of being a young, stand-alone, niche hardware company, while also raising fears about possible saturation or a limited market for fitness trackers and other wearable technologies.
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Jim Cramer learned a big lesson from the market sell-off on Monday that could change the direction of how stocks move in the future.