From the trenches (as in a WWI reference) the market is still in a state of gaining down-side momentum.
What is working in the upward direction? Continue reading
From the trenches (as in a WWI reference) the market is still in a state of gaining down-side momentum.
What is working in the upward direction? Continue reading
Dorsey Wright Short ETF (DWSH)* $8.77
There is enough technical evidence to suggest we should be preparing for a bear market. Even if we are wrong, consider inverse ETFs as a partial insurance policy to have money if a bear market unfolds more than it has. Continue reading
I’m not sure what the shares will do in the short-term. Short-term for us is three to six months. Longer-term, (six months to 30-months) the news this week is “out of this world good”. We’re very positive on MKTY’s price potential over the next twelve to eighteen months. Continue reading
Fundamentally, these two companies have been performing in an amazing way. We will not rehash their fundament growth rates. These are posted in monthly updates or quarterly reports. The stock prices retreated along with the correction in Crypto however there isn’t a strong correlation between crypto prices rising and falling and operational performance at Galaxy Digital (BRPHF)* $18.95 or Voyager Digital (VYGVF)* $16.67 Continue reading
The Background:
Russia and Saudi Aribia together, decided to flood the market with oil in the first quarter of 2020. This was their attempt to break the back of the fracking industry in the USA. At the same time, Covid showed up in February 2020. The combination one/two punch was devastating to the fracking industry in the USA. We now import oil from Russia and Saudi Aribia whereas the USA was a net exporter of oil and gas prior to March of 2020. Continue reading