To The Moon

Following its SPAC merger in August, shares of VinFast Auto (NASDAQ:VFS) went on one almighty tear, going from its $11.10 debut price to $93 over t...

Public Holidays No public holidays for Hong Kong, Singapore the US & China Economic Calendar (10Jul2023) Notable Highlights CPI - will be the most watched economic news of the coming week as this plays an important consideration in the Fed’s coming interest rate hikes decision. PPI - this speaks of inflation that hits the producers first before it reaches the wider market. If this ticks upwards, this can be read as more inflation to be passed on to the consumers in the coming weeks. Jobless claims. Initial jobless claims will be announced on Thursday. We will also get an update on the unemployment rate. This would form important data points for the Fed to decide on the next interest rate adjustment. Crude Oil Inventories can be seen as forward indicators of market demand and cons

Oil as an investment has definitely seen better days in 2023. Crude oil peaked at $83.26 on 12 Apr 2023 and has not revisited it since. As per 04 Jun 2023 OPEC+ meeting, Saudi Arabia has unilaterally added another 1 million bpd cut to its already agreed 8 million bpd reduction, that remains enforced until end 2024. With the additional cut implemented since 01 July 2023, oil price still did not rise correspondingly; defying the principal of supply & demand and dashing the intentions of Saudi Arabia. On Mon, 3 July, Saudi Arabia said it would extend the “self-imposed” 1 million bpd production cut for another month to August. In a “surprise” turn of event, Russia also announced a 500,000 bpd decline in exports, commencing in August, 2023. Did the news trigger a rise in oil price? Based o

As I have shared on how I assess whether Bitcoin will be in a bull market cycle. You may view the earlier article here to know more about what is MVRV ratio which I use to check and $Marathon Digital Holdings Inc(MARA)$ was the stock that I have used to counter check and confirm. Why MARA - BTC MVRV ratio Show Early Sign Of Bull Market Cycle But not single alone but with moving averages. In this article, I shall examine $Coinbase Global, Inc.(COIN)$ technical analysis using SMA, ADX, RSI and SAR to see if COIN does show us signs of a developing bullish trend. This is important as Bitcoin movement have similar impact on MARA as to COI

I think we have seen very good performance from some of the major crypto stocks over last week. As I have mentioned in some of my previous article before, some of the crypto stocks actually move with Bitcoin. In this article I would like to share with you what is MVRV Ratio and how we can make use of this metric to gauge the market sentiment and identify potential buying or selling opportunities. We will explore the Bitcoin MVRV ratio, its significance, and how investors can utilize it to make informed decisions. With this informed decisions, we can then use it to predict crypto stocks like $Marathon Digital Holdings Inc(MARA)$ price and trend movement. Bitcoin Price and Volume Chart What is the Bitcoin MVRV Ratio? The Bitcoin MVRV ratio is a met