$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ My guess is, a low has not yet been established and - after an initial bounce - we will likely see lower prices on the major indexes as institutions use the oversold rally for selling. Of course, I could be wrong. But there are two things I'm certain of: 1. Volatility is very elevated 2. There are no buyable setups according to my criteria. And that's all I need to know to keep me in the safety of cash until conditions im...
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$NVIDIA (NVDA.US)$ This is a company with the same profits as $Microsoft (MSFT.US)$ and $Apple (AAPL.US)$ . And unlike Microsoft and Apple its profits and revenues are still growing. So is it that far fetched that the market values it slightly higher than its peers? So it can very well go to 130 or even 140. But it may not happen till about 2 weeks before the next earnings call.
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$MARA Holdings (MARA.US)$ $Bitcoin (BTC.CC)$
Hey everyone, I want to share my bull thesis on Marathon Digital Holdings ($MARA). This analysis is divided into two parts: fundamentals and technicals. Let’s dive in!
Fundamentals
1. Strong Earnings Potential:
- Estimated EPS: Based on Q1 earnings of $1.3 per share, the trailing twelve months (TTM) EPS is estimated to be at least $4 per share.
- Current Valuation: With a current share price around $20,...
Hey everyone, I want to share my bull thesis on Marathon Digital Holdings ($MARA). This analysis is divided into two parts: fundamentals and technicals. Let’s dive in!
Fundamentals
1. Strong Earnings Potential:
- Estimated EPS: Based on Q1 earnings of $1.3 per share, the trailing twelve months (TTM) EPS is estimated to be at least $4 per share.
- Current Valuation: With a current share price around $20,...
3
$Bitcoin (BTC.CC)$
Salim Ramji, the former head of $Blackrock (BLK.US)$ 's iShares and Index Investments, will take over as CEO of the asset management giant $American Vanguard (AVD.US)$ in July. This marks the first time in Vanguard's 50-year history that the company has appointed a CEO from outside the company. 🚀
Moreover, the new CEO, Ramji, is known for being "crypto-friendly." In contrast, Vanguard's previous stance was to stay far aw...
Salim Ramji, the former head of $Blackrock (BLK.US)$ 's iShares and Index Investments, will take over as CEO of the asset management giant $American Vanguard (AVD.US)$ in July. This marks the first time in Vanguard's 50-year history that the company has appointed a CEO from outside the company. 🚀
Moreover, the new CEO, Ramji, is known for being "crypto-friendly." In contrast, Vanguard's previous stance was to stay far aw...
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$Amazon (AMZN.US)$ is definitely the disruptor in the streaming industry now that the industry has shifted toward the ad model.
1. They will have the highest CPMs on their ads because they can match Prime e-commerce data with streaming ads and offer better targeting for advertisers.
2. The higher CPMs and strong balance sheet allows them to be aggressive on live sports. They know live sports are the best for an ad model because the inventory is always sold out, there is a high ad load, and t...
1. They will have the highest CPMs on their ads because they can match Prime e-commerce data with streaming ads and offer better targeting for advertisers.
2. The higher CPMs and strong balance sheet allows them to be aggressive on live sports. They know live sports are the best for an ad model because the inventory is always sold out, there is a high ad load, and t...
2
$Robinhood (HOOD.US)$
Is TradFi dethroning crypto-focused intermediaries?
Should Robinhood’s ownership of the 118,000 $Bitcoin (BTC.CC)$ be validated, the consequences could reverberate across the cryptocurrency landscape. Traditionally, the largest Bitcoin addresses have predominantly been linked to crypto-native exchanges. However, Robinhood’s role as a conventional broker focused on equities and options sets a...
Is TradFi dethroning crypto-focused intermediaries?
Should Robinhood’s ownership of the 118,000 $Bitcoin (BTC.CC)$ be validated, the consequences could reverberate across the cryptocurrency landscape. Traditionally, the largest Bitcoin addresses have predominantly been linked to crypto-native exchanges. However, Robinhood’s role as a conventional broker focused on equities and options sets a...
2
Could $Bitcoin (BTC.CC)$ Crash to $22,000 In September?
To answer this question, we need to first focus on August
What was the worst BTC August drawdown in history?
-17% in 2014 and -18% in 2015
Currently in 2023, $BTC is now down -16%
If BTC were to drop -18% this August, BTC would drop to ~$24700
But that might not be the end of the retrace
Why?
Two reasons:
1) BTC is forming a Double Top
And 2) BTC tends to experience single-digit drawdown in September
So if BTC retraces, say, an additional ...
To answer this question, we need to first focus on August
What was the worst BTC August drawdown in history?
-17% in 2014 and -18% in 2015
Currently in 2023, $BTC is now down -16%
If BTC were to drop -18% this August, BTC would drop to ~$24700
But that might not be the end of the retrace
Why?
Two reasons:
1) BTC is forming a Double Top
And 2) BTC tends to experience single-digit drawdown in September
So if BTC retraces, say, an additional ...
$Bitcoin (BTC.CC)$ price is up on June 20, reaching a 14-day high at $28,103. The fresh upside from BTC comes as recent negative news of the SEC cracking down on Binance and Coinbase and bullish traders are likely hopeful that BTC can break its 10-week losing streak.
A primary catalyst for the rally appears to be the growing institutional interest in Bitcoin from companies like BlackRock and Fidelity Investments, both of which appear to be in the process of filing...
A primary catalyst for the rally appears to be the growing institutional interest in Bitcoin from companies like BlackRock and Fidelity Investments, both of which appear to be in the process of filing...
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1
With U.S. markets closed for the Martin Luther King Jr. holiday on June 19, macro catalysts for crypto markets wait until later in the week.
While not as numerous or significant as the previous week’s set, these still have the potential to spark some surprise volatility.
The Federal Reserve is among them, with Chair Jerome Powell due to testify before Congress over two days from June 21.
After the Fed’s recent decision to pause interest rate hikes but leave the door...
While not as numerous or significant as the previous week’s set, these still have the potential to spark some surprise volatility.
The Federal Reserve is among them, with Chair Jerome Powell due to testify before Congress over two days from June 21.
After the Fed’s recent decision to pause interest rate hikes but leave the door...
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1
As is often the case with Bitcoin, short-term price action is meeting its match in underlying network data, which displays an altogether different trend.
This week, as with almost every week in 2023, network difficulty and hash rate are aiming for new all-time highs.
Hash rate is already higher than ever, according to some estimates, while difficulty will increase by approximately 2.5% on June 14. This will take it past 53 trillion for the first time.
Data from mo...
This week, as with almost every week in 2023, network difficulty and hash rate are aiming for new all-time highs.
Hash rate is already higher than ever, according to some estimates, while difficulty will increase by approximately 2.5% on June 14. This will take it past 53 trillion for the first time.
Data from mo...
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