The thesis is simple: Coinbase is the shovel to Bitcoin's gold-rush. Bitcoin has arrived in the investment industry. Lower Bitcoin prices spur sidelined investor interest. Coinbase is the only platform sidelined investors have to acquire Bitcoin. Winner take most world. Stocks with the same business model: MSCI , SPGI , CME
4-day trading week. Good luck next week. - RH
By definition, a contrarian is going to be early, but in order to be successful, they can’t be too early. It’s in this small window that greatness exists. Dramatic increase from last week's $73.5 Expected Move. We are gonna be a-rockin' next week. Market Damage Report: Damage thus far? Mild, it's absolutely mild. We've barely skinned our knee. All index...
$148 Current Price $230 - $260 Max Price target. Doing a little target practice.
Contrarian bet against the onslaught of bond bears. RH Technicals vs. WallStreet - Clean, MACD Bullish Divergence - Descending Triangle, Completed E-wave signals new trend. - 61.8% Fibonacci Retracement hit; Also referred to as the Golden Retracement . It is, after all, based on the Golden Ratio. - And potentially a False Breakdown, likely to mirror the False...
S&P tagged last week's expected move, decrease for the next week. Watching Bonds and Volatility carefully. VIX is carving out a base. Earnings are coming in hot and heavy. Fundamentals nonexistent. Good news is priced in. Risks of disappointment are high. Don't chase this rally anymore folks. Best of luck next week, - RH
Increase in expected move despite only a 4-day trading week. Best of luck, - RH
Close Up - 2hr timeframe Expanded volatility on the horizon with the Expected Move from last week's $58 to this week's $90 The largest Expected Move we've seen in quite some time. Fireworks to start the year. S&P tagged the upper edge of last week's Expected Move. Always fun to see. I made a long term prediction over a year ago about the $3777 S&P level....