Venture: Portfolio Update
Venture will become more global and be driven directly by the ByteTree Global Trends data set, which covers 2,500 stocks. There are two reasons for this.
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Cocoa and Cash Flow
Our next recommendation in ByteTree Quality is a company with a world class portfolio of consumer goods brands. After a tough few years impacted by short term issues, it has entered buy territory for long term investors.
Gold and Elton John
This year, long-dated government bonds have been selling off, and as that has happened, the price of gold has risen. Gold’s correlation with bonds (prices, not yields) has turned negative for the first time since 2011.
The Great Setup
Bitcoin’s ByteTrend Score remains at a 2. The price has turned up, and with the strong month of October just three weeks away, it is right to be bullish.
A Healthier World
We have come a long way, and the good news is that government debt and deficits have finally made front-page news. At the very least, that means the problem has now been flagged.
Venture: Auto
Issue 84; A week after our last note on a high-tech auto company, this one stays in the same sector