I expanded my position in ETHE because the 50 month EMA is acting as a support since June. The stochastic is in oversold territory. The 50 month EMA for ETHUSD has been acting as a support since 2019. Interestingly, the 50 month EMA for Crypto Total Market Cap has been acting as a support since 2018. All this assets have a strong correlation, near 1: BTCUSD,...
OXY Maintaining my position and moving my take profit to 55 USD. Warren Buffett's Berkshire cleared by regulators to buy up to half of Occidental Petroleum stock -- WSJ. Occidental Petroleum Corp.'s shares jumped to lead the S&P 500, up 9% after the Federal Energy Regulatory Commission said that Warren Buffett's Berkshire Hathaway Inc. had asked for and recieved...
MRNA has rallied 66% from its bottom set in mid june. Technical indicators suggest a strong turnaround. The P/E ratio and Forward P/E ratio remain in the low single digits. I boosted my position when the price crossed above the 50 day EMA. I will take advantage of any pull-back below the 200 day EMA close or low. Overall, this is still a nice entry point if...
BNTX will pop-up on next earnings day. Technicals suggest the stock has been building a bottom the last couple of months. Now is well above the 50 day EMA and it is begining to challenge the 200 day EMA. The P/E ratio and Forward P/E ratio are in the low single digits. I expanded my position when BNTX crossed above the 50 day EMA.
The US Dollar maintains its upward long-term trend against EM and DM currencies since 1996. The Mexican Peso continues its long-term devaluation trend.
In this chart you can visualize how the Dow Jones performed during WWII. The Dow experienced high volatility during WWII. Its lowest point (-29%) was reached on april 1942. But, surprisingly, the Dow gained 33% in the period between the beginning (September 1, 1949) and the end of the WWII (May 7, 1945). Source: United States Holocaust Memorial Museum. “WORLD...