Mungerism

    • MungerismMungerism
      ·04-19
       In the past halving cycles there is always some dip pre and for a short period, post halving.  After that a massive run-up.See first chart. They say this cycle it's different because of the spot ETF participation. That means there is a lot of more institutional money in the game, less volatility ( compared to previous cycle but still very volatile compared to stocks).  On top of that the HK spot EPF approval will bring even more institutional money. Maybe the run-up won't be as massive but from a supply-demand perspective, it only favors demand. If one can hold for a while, it's a higher probability bet that price will eventually go up.  Chart wise, current price is hovering Slightly above confirmed support ( see chart yellow line). Together wi
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    • MungerismMungerism
      ·04-18
      $iShares Bitcoin Trust(IBIT)$ Bitcoin has another flush overnight and is near major support ( see chart). If this holds we can see a rebound and a quick swing trade opportunity to $66k for a near 10% gain.If this Support is broken it will flush down again. Of course it's anyone's guess especially with something as volatile as crypto. The plus is the approval of Bitcoin ETF in HK. Will that bring buying interest at this support.... watch this carefully. As BTC is volatile, please do your research thoroughly 
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    • MungerismMungerism
      ·04-14
      Set Up for next week: Heightened geo-political tension & S&P technicals Breaking news of drone attacks by Iran on Israel following Friday's fall at the start of earnings season is the setting up next week's reading scene. With the prospect of less and less rate cuts compounded by heightened geo political tensions, market is increasingly nervous. This can be seen by the sudden spike in Vix on Friday ( second chart). Furthermore on a technical basis the S&P has broken out of its channel (3rd chart). All these doesn't set up well for the S&P to get beck into its support channel. We need a stellar report from Netflix or Fed officials coming out with more soothing messages on rate cuts. Stay very cautious
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    • MungerismMungerism
      ·04-09
      Great article, would you like to share it?

      Is Alibaba Worth Trading?

      @TigerOptions
      $Alibaba(BABA)$ isn't giving up without a fight. The e-commerce giant has been facing tough times lately, with a drop in stock price and concerns about its future growth. But instead of sitting back and taking the punches, $Alibaba(09988)$ is throwing some punches of its own. In response to apprehensions about its growth prospects and increasing competition from emerging market rivals like $PDD Holdings Inc(PDD)$, they're buying back a ton of their own stock – $4.8 billion worth, in fact. This is a big signal to investors that Alibaba believes in its own future, and it's a way to boost the stock price. They've also bolstered their buyback plan by an additional $
      Is Alibaba Worth Trading?
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    • MungerismMungerism
      ·04-09
      Great article, would you like to share it?

      Riding the Gold Rush: Is Now the Time to Invest?

      @ETF Tracker
      With hopes of imminent interest rate cuts by the Federal Reserve, gold prices have recently hit historic highs. We'll analyze the recent surge in gold prices and potential future trends from several angles:1. Interest Rate Policy and Economic Uncertainty:A significant reason behind the recent surge in gold prices is the market's anticipation of interest rate cuts or the maintenance of low-interest-rate policies by central banks such as the Federal Reserve. A low-interest-rate environment typically enhances the attractiveness of gold as it reduces the opportunity cost of holding gold, making it a more competitive asset, especially given its lack of interest yield. Additionally, global economic uncertainties prompt investors to seek refuge in safe-haven assets, further boosting demand for go
      Riding the Gold Rush: Is Now the Time to Invest?
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    • MungerismMungerism
      ·04-09
      Great article, would you like to share it?

      Gold's Shine Could Dim the Stock Market's Glitter

      @TigerOptions
      $Gold - main 2406(GCmain)$ has been on a tear lately, reaching new highs. While this might sound positive, it could foreshadow some bumps in the road for the stock market. Here’s why. Gold Futures Gold is often seen as a safe haven during economic uncertainty. Investors flock to gold when they're worried about stocks, bonds, or the overall health of the economy. So, a rising gold price could signal that investors are growing anxious. When gold goes up, it becomes a more attractive investment compared to stocks. This can entice investors to move money out of stocks and into gold, potentially dampening the stock market's momentum. It's important to remember that correlation doesn't always equal causation. Just because gold is rising doesn't guar
      Gold's Shine Could Dim the Stock Market's Glitter
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    • MungerismMungerism
      ·04-08

      Favorable Risk-Reward

      $United States Natural Gas Fund LP(UNG)$  Whilst AI stocks are all the rage at the moment, natural gas has been languishing... prices are extremely low now, below the cost of production. History has shown that when this happen the average price was always higher long term. The reason is similar to any commodity, producers will begin to curtail production causing supply to fall below demand & price move upwards as a consequence.  A recent report from Baker Hughes showed that gas rig count is now 30% lower than a year ago. The 2 biggest natural gas producers in the U.S. had announced production cuts.  Whilst I don't know when prices will rebound, given these statistics and historical low prices, the odds are in favor of a s
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      Favorable Risk-Reward
    • MungerismMungerism
      ·03-30
      Favorable Risk Reward. $United States Natural Gas Fund LP(UNG)$ Whilst AI stocks has been shooting to the moon, natural gas has been languishing... prices are extremely low now, below the cost of production. History has shown that when this happen the average price was always higher long term. The reason is similar to any commodities, producers will begin to curtail production causing supply to come below demand. A recent report from Baker Hughes showed that gas rig count is now 30% lower than a year ago. The 2 biggest natural gas producers in the U.S. had announced production cuts. Whilst I don't know when prices will rebound, given these statistics and historical low prices, the odds are in favor of a significant rebound. To me it's a highly favo
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    • MungerismMungerism
      ·03-15
      Overnight, BTC was flushed down for a second time in a week but was defended at the previous all time high mark around $69k+ and then rebounded ( see attached chart). For now the bulls have won. It is important that the BTC weekly price close higher than the previous week to keep the bullish momentum. I wonder how strong the defence is given that that the support has been got twice in a few days. For now I'll say it's strong given the strength of the rebound. Obviously this price action will influence the price of COIn and MSTR. Watch BTC price closely over the next few days
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    • MungerismMungerism
      ·03-13
      Yesterday BTC had a dip to $69k at the previous all time high and held.This is a strong sign of support by the buyers. Subsequently it drifted back up and hit passed $73k. As long as the support holds, it augurs well for both Coin and MSTR
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