Last week legendary money manager Paul Tudor Jones made a case for owning bitcoin as a hedge against monetary deflation. “I am not an advocate of Bitcoin ownership in isolation, but do recognize its potential in a period when we have the most unorthodox economic policies in modern history. So, we need to adapt our investment…
Expected to happen May 12th. Buckle up.
In April, I made money, day trading, every single day, apart from one. In May I have lost money, every single day. I fired up KoyFin.com to see if anything was obviously different between April & May. MACD. On the daily chart above. MACD went flat at the end of April coming into May. Makes…
Interesting chart of the worst affected areas of the Australian economy and those areas that have benefited from the cronaconomy. #1 Peloton, #2 Netflix, #3 Zoom, #4 Chegg, #5 UberEats
It continues.
Movement seems be trending up, especially in the US.
Amazon $AMZN, Microsoft $MSFT, Apple $AAPL, Facebook $FB & Twitter $TWTR all reported over the last few days. Overall I would consider all the reports good, especially in the current climate. Facebook is hanging in there. Overall good news is getting sold. Expecting prices to fall further from here. At least in the short term.
Passive rule reinforcement.
PeteStilgoe.com 