BlackRock has significantly increased its investment in Bitcoin over the past year. This is partly due to strategic partnerships with MicroStrategy and Coinbase. As of April 2024, BlackRock holds 274,462k BTC worth $17 billion in its spot Bitcoin ETF. This amount is more than MicroStrategy, which holds 193k BTC. It is important to note that MicroStrategy was...
CAMS Bharat’s largest registrar and transfer agent of mutual funds has given it's highest ever quarterly sales and profit ever which are 269 crs and 86 crs respectively. Also the chart patterns shows a reverse head and shoulder pattern. So we have a stock which is posting it's best ever numbers in its balance sheet which are supported by strong chart patterns. The...
Aditya Birla Sun Life AMC Ltd the company of the old and prestigious Birla group has posted its best ever quarterly result with highest sales and net profit. The quarterly has profit has increased to 209 crore and its growth is supported by the accelerated growth of whole mutual fund industry. The target price is 700 for about 47% potential gain It is a high...
Overview I decided it was time to start taking control of my own retirement account. For years my account has been pulling in mediocre gains and the only reason I've put up with it for so long is because: 1) it took me years to hone my trading skills and 2) my employer matches my contributions. Well, after reviewing my available fund allocations and performing...
As mutual fund industry is growing in our country and Reliance also entering the segment companies like CAMS are a good investment. SOME IMPORTANT POINTS because it should be bought: - 1) The company is trading at 42% lower price than its lifetime high. 2) Potential gain of 74% till lifetime high. 3) It has a low P/E ratio in comparison to its competitors. 4) It...
NAM_INDIA is the largest player in asset management services in Bharat. The current level of the stock is a strong resistance. If broken it will give good returns in both short term and long term as mutual fund industry is growing at bullet speed in India. Some important points, it should be bought now are:- 1) Current PE ratio is 23.4 while lifetime median PE...
Here's SPY x Fed Funds Rate / M2 Money Supply. The only times this metric was this high was in 2000 and 2007 when stock market was in Bubble status. Looks like SPY is overvalued. What do you think?
.03 contracts going bonkers today on dailies. Entry was early morning at open or within minutes of the open field. Shares from 141 very well protected. Get your live hedge fund money every single day we trade. Tesla was called at $105 for entry. You can't make this up. No one can compete with the crew. We are going to start a private money hedge soon if...
Have you seen the US market? It took support at the per covid High Looking at the RSI we can clearly see the weakness in the price NIFTY will take a hot and will lose the last support causing panic see and will hot the pre covid top I would take profits on all the gains, STOCKS you can leave(only strong ones) But take your money out of the Mutual Funds...
The fed usually hikes into growth and eases when it realizes the economy is too weak to absorb the impact of the hikes, so historically stocks usually rise as the hiking begins and crashes when the fed takes their foot off the pedal. This time the fed is late. They hike as the housing market is brought to its knees and the economy is slowing. Equities are down,...
Nifty 50 today has Breakdown 50 DEMA. And also closed than 50 DEMA. i.e., 31.49 points lower. (Point B) On 16th September 2022 itself Nifty 50 has Breakdown from its previous trend (point A). Today its breakdown from 50 DEMA shown that market is moving downwards. Looking into previous strong supports two levels can be recognized 1. Around 16800. (200 DEMA) 2....
As you can see on the chart - everytime the FedFunds have topped and consolidated - stocks topped aswell and started its own bear market. Now, what we think is a top on SPX, may have been just a strong push which was later strongly corrected. FedFunds haven't yet topped out and entered into consolidation here - although it is really near. Based on that - highly...
According to the previous analysis, Bitcoin is pulling back to the midline of the ascending channel in the range of 21500 to 21700 after breaking its main support areas, and on the other hand, it is facing the middle resistances of the fork and the 1-hour trend line, and since it has been able to more than from 50% of the previous rising wave, it is more likely to...
Ever since the FED has been talking about interest rates, I see questions popping up on social media where investors ask why the federal funds rate (also known as the FED interest rate) is so important for the stock and crypto markets. With this post I'd like to write an easy understandable explanation on what the FED funds rate is and why it is important. What...
China’s Supreme Court has issued a ruling that specifies penalties for offenders who use cryptocurrency to raise funds. Penalties range up to 10 years in prison and fines of up to 500,000 yuan ($79,000). China’s years-long crackdown on cryptocurrency has stepped up another level, thanks to a new Supreme Court ruling that paves the way for fines and potentially...
DXY H4 Expecting a larger correction here, we haven't exhausted from last weeks data point antics. Really want to pullback towards that 93.800 price (range box retest). From here, we know we will have seen healthy corrections, which removes the doubt of expecting them further down the line if we are to jump into USD bull trades.
Friday's Price action was immaterial. Call chasers were rewarded off the 39s. The winners there took $10 - the "winners" were the same Funds of Size gaming the theaters. Apes who took their gains were in large Profit. Late chasers the follow-ons... who bought 50s, 45s... were smoked. The Jungle has a few days to close out the 48 and then 52 level. Memes abound,...
The market, such beautiful place. Any movement causes relief for one and worry for other. this is not financial advice. This is just what I think might happen. Sometimes the most obvious outcome is the one to be afraid of and at this moment things are getting complicated. There is just too much to talk about. We are going to see some crazy movements between the...