Why Has the Equities Market Tanked? Several factors have contributed to the recent decline in the equities market. One significant factor is the impact of the Bank of Japan's (BOJ) actions. Although the BOJ has only recently begun to raise rates, with the overnight rate currently at just 0.25% compared to around 5.5% for dollar rates, its move has triggered...
Bitcoin just experienced a significant bullish technical event known as a "Golden Cross." A Golden Cross is a term used in technical analysis to describe a situation where the shorter-term moving average (50-day/gold line) crosses above the longer-term moving average (200-day/red line). This crossover is seen as a bullish signal, indicating a potential trend...
Teamsters not 'bailing out' Yellow again The teamsters union says YRC has been poorly managed for years, and they will no longer bail out YRC again. The union said that YRC contacted them advising they will be out of money by August. “ Yellow has been unable to effectively manage itself for a long time,” said Sean O’Brien, Teamsters general president, in a video...
Friends, fundamentally things could not be looking any better for Ethereum. Multiple Central Banks are now building on Ethereum infrastructure. (1)(2)(3) Treasury Tokenization thanks to Blackrock (will increase TVL ) (4) Circle launching a Euro Stable Coin - which will increase adoption. (5) Additional stable coins to follow! Uniswap entering...
It is incredible to see the spotlight on ETH as the MERGE is all the talk on Bloomberg and CNBC. This narrative will only get louder as we near the long awaited celebration of POS. Daily Transactions on network: ETH 1.3m BTC 225k ESG Goals: ETH will be 99.95% more efficient than Bitcoin. Bitcoin, is still being mined by China Coal - *Bloomberg Citation ...
The inverted head and shoulders pattern failed . All is well, as we have Thomas Bulkowski's history of patterns & statistical setups to guide us along together. Ethereum has already invalidated the single bust . It is time to explore the Double Bust IH&S chart pattern, & look for these elements: Price must confirm the head-and-shoulders bottom by...
An unpopular opinion I have is that inflation has already peaked. Just as the Fed took too long to raise interest rates. They now appear to be raising the Federal Funds rates too high in their attempts to mitigate runaway inflation. For being such an unpopular opinion - it is oddly evident almost anywhere you care to look: Freight Rates have dropped 8.2% y/y...
Hey mates! Please be sure to advise which of these products you think will have the most alpha. If shared, please advise the timeframe you are thinking! (1year? 10years?) It is the clash of the titans, and my last article that provided the hard #'s got a great deal of positive traction in the comments, but I did get some DM hate from some Bitcoin maxi's. Please...
When chatting with knowledgeable people about crypto it often stuns me to see Bitcoin Maxi and Ethereum Maxi ideological battles end in name calling, and temper tantrums. Together mate, let’s swat away the emotion and get into the ZenMode. The goal here is alpha & gains, not philosophical hills to die on. Within the content of this brief comparison we are going...
Longed this last night, and added around 6pm today. Price has been running since. Just as the price finally broke above the 20dma, we see the price working through its S1 pivot point: Its always great to tag the bottom, and we potentially have just that. Looking at the weekly price action we see something to be very bullish about. Price could rise...
Hope this idea finds you happily making a fortune today! The epic rally in the dollar has displayed appreciation relative to all other currencies within the last 12 months. Parity with the Euro: 1 Euro = 1 USD Canadian Dollar CAD -2.5% Australian Dollar AUD -6.1% Swiss Franc CHF -6.6% New Zealand Dollar NZD -9.8% British Pound GBP -11.6% Japanese...
Risk appetites are back, we have a nice bottom in Bitcoin. Confident we see equities push into the 4000 range in /ES. The slope of the moving average is still aggressively bearish - (the angle of the red line is sloping down) I imagine even with the bearish trend intact, we should see relief in price testing that 20d/20w moving average. We may see...
Appears to be potentially highly oversold - clearly an incredibly bearish (nuclear) underlying trend: Potential bottoming ih&s pattern: We did however just form a lower low. This means that it may be prudent with good risk mgmt to run a long, and let the winner run if the price remains bullish. Algo's tend not to stop hunt when the rewards are no longer...
Well, it has happened again! We of course see the 2yr/10yr yield curve inversion: It has been like this for some time. However, all I hear is: “But this time it is different!” The U.S. curve has inverted before EACH recession since 1955, with a recession following consistently between 6-24 months after. Only one time in this time-frame has this...
Clearly the underlying trend is still bearish so keep the risk mgmt very dialed in. We should see price move higher as we now have nice indication of a bottom. I recommend if longing to be aware of the heavy resistance. Most likely the bearish trend will continue as the price meet it, but if resistance breaks then let the winner run. We did get more bearish...
This financial product is incredibly risky, and there are not many tokens of it in the market. User count and market cap is very very low compared to other recommendations – meaning this is a Hail Mary play. Not something to invest in, or bet the farm on. I opened a long this past weekend, and added today. We can see these tokens in the past have been to the...
DOT has often been viewed as an alt layer 1 solution. Some call it a layer 0, as it is seeking to link unique blockchains into a single collective, cohesive network. For comparisons sake, if viewed as a layer 1, then DOT's market cap as a percentage of ETH has dropped to 4%. So keep risk mgmt monitored closely. DOT benefits from deflationary pressures as...
If blockchain technology is game changing, isn't the technology that will 'LINK' offchain data to the blockchain going to be pretty valuable? We have seen many 'hyped' products and meme coins run amuck, we have observed incredible game changing financial products like Ethereum begin to dominate. It is rare in an emerging market full of hype and memes to find a...