XNET Has Potential To Double XNET 有翻番的潜力

。Xunlei (XNET $5) rocketed 210% higher on October 28 and 29 following comments by President Xi Jinping of China that were supportive of blockchain technology.  The move was accompanied with huge volumes on both days and is indicative of momentum.

。The company's main business are cloud based technology and blockchain technology. Both are hot and high growth sectors. Bitcoin bottoming should also help XNET price.

。XNET is a valued stock since it's book value is $5 and cash is $4 per share. Finance is healthy as it has almost no debt and current ratio is at 3.40. Analyst price target is $12.

。It only has 64 million share float. Institutions own only about 12% and as institution interest increases, XNET price likely move up fast.

。Technically it has retraced about 50% of it's recent rise to around 4.5 from 6.83 recent high. Its big move of October 28 and 29 with huge volume has generated good upside momentum. It's trends are up since it is way above 20, 50 and 200 day moving averages. It's band of support now is $4 to $4.5. Its near term resistances are $5.5 and $7.  Looking at its weekly chart, XNET's up move is just the beginning. It has the potential to reach $10 and $12 giving time. Good buy range for XNET is between $4 to $5.5.

。在中国国家主席习近平发表支持区块链技术的发展评论后，迅雷（XNET $5）在10月28日至29日飙升210％。这两天的飙升都伴随着巨大的交易量，这表明势头强劲。

。XNET的主要业务是基于云技术和区块链技术。两者都是热门和高增长领域。比特币触底也应该有助于XNET的价格上升。

。XNET是有价值的股票，因为其账面价值为5美元，现金为每股4美元。财务状况良好，因为它几乎没有债务，流动比率为3.40。分析师目标价为12美元。

。它只有6400万股流通量。机构仅拥有约12％的股份，随着机构兴趣的增加，XNET价格可能会快速上涨。

。从技术上讲，从近期高价6.83跌至4.5左右它已回撤约50％的近期涨幅。它在10月28日和29日的飙升及成交量巨大而造成了良好的上涨动力。它的趋势上升，因为它已经远远超过20、50和200天移动平均线。现在的支撑范围是4到4.5美元。它的近期阻力位为5.5美元和7美元。查看其周线图表，XNET的上升只是开始。它有可能达到10美元和12美元之间。 XNET的买入价可放在$ 4到$ 5.5之间。

Bitcoin and GBTC Bottomed 比特币及GBTC见底

After dropping about 67%( to around 7336 support)  of its previous rally from 4000 to nearly 14000, Bitcoin is exploding upward today with strong volume. It also formed a convincing Bullish Engulfing Pattern. This action fullfilled criteria for a bottom. It is likely going back up to where 50 and 200 day moving averages converge at around 8925 shortly, then 10000 to 11000 area if breaking above 8925. Reasons for today's rally are two folds: Technical and the report that fund inflow to Bitcoin Trust GBTC increased significantly during Q3 ($254.9M Vs $84.8M in Q3). GBTC is up over 14% today at around 9.74 and is above its 200 and 20 day moving averages. Its next resistances is 50 day moving average at 11.22 then 12.

在其从4000 至近14000的升势结束后, 比特币回撤之前涨幅的67％至7336左右的支撑位，今天比特币以大交易量向上暴升。它还形成了令人信服的看涨吞噬模式。这些表现满足了见底的条件。在短时间内它很有可能回升至50和200日移动均线汇聚的价位8925，如果突破8925，则会挑战10000至11000区域。今天上升的原因有两个：技术性和有报道称比特币信托GBTC第三季度资金流入有显着增长（2.549亿美元，而第二季度只为8480万美元）。 GBTC今天上涨了14％以上，达到9.74左右，并且高于其200天和20天移动平均线。它的下面的阻力是50日移动平均线11.22然后12。

BYND Looks Ready To Come Down More BYND看来会再跌多些

BYND has been trending down since it made historical high near 240 in July. It is now trading below its 20 and 50 day moving averages. For the last 2 months it traded between 133 and 172. Today the low end of the the trading range has broken. It looks ready to go down and test the high end of the June gap at 120. If 120 is broken, it may then  proceed to fill gap to 102. Other negatives for the stock are forward PE is 494 while the projected earning growth is only 196. Price to sale and price to book are respectively 49 and 16, a very high valuation.  In May Goldman Sachs rated stock as Hold and 1year target price at 67. Average analyst rating is also Hold.

自7月份创下近240的历史高位以来，BYND一直在下跌。 现在它的价格低于其20天和50天移动平均线。 在过去的两个月中，它的交易区间在133至172之间。今天，该交易区间的低端已跌破。 它可能会继续下跌并测试6月份裂口的高价位120。如果跌破120，则可能会继续填补空位低端至102。股票的其他不利因素是前导PE是494，而预期的收入增长仅为 196。价格/销售比率及价格/账面价值比率分别为49和16，非常高的估值。 高盛在5月份将股票评级为“持有”，并将1年目标价格定为67。分析师的平均评级也为“持有”。

Like Short Term Volatility？ Here Are Two Stock To Consider 喜欢短期波动？可考虑这两只股票

After almost 69% drop from its September high of 29.75, OSTK found support at 9.30. It has been bouncing from the low and is now trading near 11. The September sharp drop and oversold condition plus a short interest of 37% are the technical reasons for potential bounce.  In addition most active 6 Call volume is 16X the most active Put volume for Oct 11 expiration. The fundamental tigger is its 20 year customer day sales going on right now. Potential bounce targets are 13 then 15.

Bitcoin price dropped from July high of nearly 14000 to the recent low near 7800. It then consolidated for about 3 weeks before surging over 5% to nearly 8300 today. It looks ready to go back up to 10000.  It's tracking stock GBTC is a good vehicle to participate on bitcoin's move.
GBTC is now trading slightly over 10. It's bounce targets are 12 to 12.5.

在从9月份的高点29.75下跌近69％之后，OSTK在9.30找到支撑。 近日它从低点反弹，目前交易于11附近。九月份的大幅下跌和超卖状态以及37％的卖空比率是潜在反弹的技术原因。此外，10月11日到期6个最活跃的看涨期权交易量是最活跃看跌期权交易量的16倍。基本面的催化剂是现在进行中的20年的客户日大平卖。 估计的反弹目标是13，然后是15。

比特币价格从7月的近14000高点跌至近期的近7800的低点。随后，它整理了约3周的时间，今天飙升了5％以上，至接近近8300。 它看起来已经准备好回升到10000了。它的跟踪股GBTC是参与比特币走势的好工具。GBTC现在的交易价格略高于10。其反弹目标为12至12.5。

VIX May Get Squeeze To High In A Flash When Panic Hit 惊慌失措时VIX可能会瞬间被挤到高位

Major stock indexes are dropping near 2% as market reacts to a below average ADP employment  report today following a disappointing ISM Manufacturing PMI report yesterday. The two day consecutive drop cost the Dow nearly 900 points. After dropping below their crucial 50 day moving average supports, major market indexes are trending towards their 200 day moving averages and their

August lows. For the benchmark S&P 500, the 200 day moving average level is 2837 and August low is 2822. What will cause this to happen may be disappointment on tomorrow's ISM Non-Manufacturing Index and Friday's Non-Farm Payroll reports. These two reports are likely to be weak.

With manufacturing data weak for two months in a row, weakness are likely negatively impacting  non-manufacturing data. Since the ADP employment is weak, don't see how can Non-Farm Payroll be good. Global economic slow down and US recession fear is getting stronger. As far as the trade talk is concern, the world’s two largest economies are in a game of chicken, and neither’s leader, so far, appears prone to flinching first. So don't expect a resolution on trade soon.  In the worst case, if major market indexes broke their August lows, for a panic stock sell off, the "Fear Gauge" VIX may get squeezed and may reach its high of last December at around 35 in matter of days. It is up about 11% today and is now trading around 21. 

昨日ISM制造业PMI报告令人失望之后，市场对今天低于预期的ADP就业报告做出更加负面的反应，主要股指下跌近2％。连续两天下跌使道琼斯指数下跌了近900点。在跌破关键的50天移动均线支撑之后，主要市场指数正走向它们的200天移动均线及八月份低点。基准标准普尔500指数的200天移动平均线为2837，8月低点为2822。市场在跌的原因可能会是明天的ISM非制造业指数和周五的非农就业报告也可能会令人失望。由于制造业数据连续两个月疲软，这可能会对非制造业数据产生负面影响。由于ADP的就业数据不令人满意，因此不要期望非农就业数据会好。另外全球经济放缓及对美国经济衰退的恐惧越来越强烈。就中美贸易谈判而言，世界上两个最大的经济体还在互相角力中，到目前为止，没有哪个领导人似乎容易退缩。因此，不要指望很快达成贸易决议。在最坏的情况下，如果主要市场指数跌破8月份的低点，在恐慌性的股票抛售下，“ 恐慌指数” VIX可能会受到挤压，并可能在几天之内达到去年12月的高点35。 今天它上涨了约11％，现在交易在21附近。

Is The Market Down Turn For Real This Time? 这次市场真的下跌了吗？

The U.S. manufacturing Purchasing Managers’ Index from the Institute for Supply Management came in at 47.8% in September, the lowest since June 2009, marking the second consecutive month of contraction. These data are adding to fears of a slowdown in the world’s largest economy as a result of the trade war with China. Mean while Euro zone manufacturing data showed the sharpest contraction in almost seven years. The result of these negative news are sharply lower stock prices.
The Dow reversed it's 129 point gain to over 300 point losses now. Gold and Silver rallied while the odd of an October rate cut has increased to 63%.  Today's market action is causing more technical damages to major indexes as the Russell 2000 is below its 20, 50 and 200 day moving averages, the Nasdaq Composite is below its 20 and 50 day moving averages, the bench market S&P 500 is solidly below its 50 day moving average and the Dow is only at spitting distance to break its 50 day moving average.  The Russell 2000 is solidly on a downtrend, the Nasdaq Composite has formed very bearish Head and Shoulder Top ,the S&P 500 has confirmed Double Top and the Dow is to follow. The key for today is whether dip buyers are dare to step in to buy as they usually do. If they don't and the S&P 500 stays below its 50 day moving average 2948 at the close, more downside is likely. The projected downside supports for S&P 500 will be 2890 ,then 200 day moving average 2836. The market down turn looks for real this time.

To participate on the market down turn consider buying the following ETFs: 2X volatility index performance ,  TVIX, Inverse 3X Nasdaq 100 index performance SQQQ and Inverse 3X Russell 2000 performance TZA.

供应管理协会(ISM)的美国制造业采购经理人指数在9月份跌至 47.8％，为2009年6月以来的最低水平，并且是连续第二个月收缩。这些数据加剧了人们对与中国的贸易战导致全球最大经济体增长放缓的担忧。同时，欧元区制造业数据显示为近七年来最大幅度的收缩。这些负面消息的结果是股市大幅下跌。

道琼斯指数将其早上129点的涨幅扭转为300点以上的跌幅。黄金和白银及恐慌指数VIX上涨，而十月份降息的几率则上升至63％。今天的市场负面行情对主要股票指数造成更大技术性损害，因为罗素2000指数跌破20、50和200天移动平均线，纳斯达克综合指数跌破20和50天移动平均线，基准市场标准普尔500指数稳固的跌低于其50日均线，道琼斯指数仅在吐口水的距离便会跌穿其50日均线。罗素2000指数一直处于下降趋势，纳斯达克综合指数形成了非常看跌的头肩顶，标准普尔500指数已确认双顶，而道琼斯指数也将紧随其后。今天的关键是，平价买家是否像通常那样敢于介入。如果他们不这样做，而标普500指数收盘时仍低于50天移动均线2948，则市场可能会有更大的下跌空间。标普500的预计下行支撑将是2890，然后是200天移动平均线2836。这次市场下跌似乎会是真的。

若要参与市场下跌，可考虑购买以下ETF：2X波动率指数表现，TVIX，反向3倍纳斯达克100指数表现SQQQ及反向3倍Russell 2000表现TZA。