WorldVentures Celebrates Miami, Announces Technology Innovation Updates and Gives Back at Local Boys & Girls Club

July 16–Aug. 26 the first 1,000 qualified Representatives will earn the right to purchase the new SmartCard being Developed by NXt-ID  (NASDAQ: $NXTD)

PLANO, Texas - July 18, 2016 (Investorideas.com Newswire) During the weekend, more than 17,000 WorldVentures Independent Representatives from around the country converged on Miami, Fla. for its U.S. sales training event, held at the American Airlines area.

During the training the company announced the This Is Next promotion for its new SmartCard in development. Between July 16–Aug. 26 the first 1,000 qualified Representatives will earn the right to purchase the new SmartCard to be used during the beta testing period targeted for end of Q4.

U.S interest rates remain historically low. The 10 year yield hovers around 1.50%. Many economists and investors expect interest rates to rise soon, jumping back to more of a normal range. However, that is unlikely to happen and here is why?

As long as interest rates in Japan and parts of Europe remain negative, money will flow from those countries into U.S. bonds. This will artificially keep yields low. The United States is one of the only stable countries with a solid economy that has positive interest rates. Countires such as Japan and Germany have seen their interest rates go negative.

The U.S. stock market closed on Friday flat to slightly lower. Institutions kept the lid on the news that was breaking a world away to make sure the stock options they had sold to investors expired worthless, maximizing profits. Options expiration is a multi-million Dollar payoff to institutions, thus important to control.  An attempted miliatary coup in Turkey. The Middle East, a hot bed for terror already, had just blown up again with more violence. Turkey is a NATO member and this is a big deal since the country borders Syria and ISIS held territory.

The markets sold off sharply after-hours Friday. However, that does not tell us anything about what Monday may hold. Why? Simply put, the markets sold off after-hours on fear and panic of the unknown. Who is in control in Turkey? What was going to happen next? The markets always sell on fear of the unknown. Sell first, ask questions later is the common theme. If things straighten themselves out by Monday morning, the markets may shrug this off like no big deal. There is likely to be some minor selling on one more potential world issue, but if the Turkish government holds on to power and puts this coup down, markets will have a muted response.

I am always on the look out for great chart setups that give high reward to relatively low risk. By analyzing the charts, you can find these opportunities and profit consistently. The latest chart catching my attention is International Business Machines Corp. (NYSE:IBM). The stock has surged in the last twelve trading days from $142.50 to $161.40. This monster move comes just ahead of IBM reporting earnings on Monday, July 18th, 2016. Analysts are expecting earnings of $2.93 per share on revenue of $20.04 billion. Such a monster move up into earnings usually factors in them meeting or beating expectations. The daily chart is putting in a candle stick called a topping tail. Keep in mind the real tell will be when the markets close if the topping tail still fits the criteria. Should a topping tail be confirmed at the close today, IBM becomes a major short candidate into earnings for a drop back to $150.00 or lower.