Bitcoin Weekly Divergence
There’s an age-old theory by the chart watchers that when RSI diverges, it signals a change in direction.
There’s an age-old theory by the chart watchers that when RSI diverges, it signals a change in direction.
Investment portfolios have historically had a “home bias”. That is, local pension funds and the wealth management industry invest a large chunk at home before looking for diversification abroad.
Currently, it’s all about the energy mix. Heating oil is a heavy product, similar to diesel and jet fuel, where the market is tight.
Other than a few holdings in the funds, ChiNext is the last remaining exposure we have to the tech trade.
The short-term price action is encouraging. Looking at the leading tokens, there is a sense of stability playing out.
Today’s recommendation has shifted from a growth stock to a quality stock, with an operating model that supports continued success.