Karwan Gamage
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Today I wanna try to read a different asset class, the $Bitcoin(BTC.CC$ in a naked chart as I found a potential bearish reversal pattern in making
During post covid, bitcoin reached its peak on Nov 2021, followed by around 1 year bearish trend till the bottom during Nov 2022. A strong bullish trend began since then, from around 15000 level to above 70000 this year, wrote a nearly 400% gains just within 2 years!
$Bitcoin(BTC.CC$ Daily Chart
From the dail...
During post covid, bitcoin reached its peak on Nov 2021, followed by around 1 year bearish trend till the bottom during Nov 2022. A strong bullish trend began since then, from around 15000 level to above 70000 this year, wrote a nearly 400% gains just within 2 years!
$Bitcoin(BTC.CC$ Daily Chart
From the dail...
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Karwan Gamage
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Scalp short $Riot Platforms(RIOT.US$ & $Super Micro Computer(SMCI.US$
2 trades; 2 wins.
Day trades gain: +1700 USD
Duration: under 3min and 8 min.
Enough for today. If trade some more, algo will take you out.
I am bemused when people said it's not possible. People just don't get it: Trading is not long term investing where there's only one way to make money and you're limited by your capital.
Anything is possible in trading, especially...
2 trades; 2 wins.
Day trades gain: +1700 USD
Duration: under 3min and 8 min.
Enough for today. If trade some more, algo will take you out.
I am bemused when people said it's not possible. People just don't get it: Trading is not long term investing where there's only one way to make money and you're limited by your capital.
Anything is possible in trading, especially...
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Karwan Gamage
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👉 Key Highlights:
📍 Bank of Canada keeps benchmark overnight rate at 5%, marking the sixth consecutive hold.
📍 Governor Tiff Macklem seeks longer-term evidence of slowing inflation before considering rate cuts.
📍 Recent data suggest gradual price pressure easing, with economic growth expected to rise.
📍 Core inflation decline noted as recent; BoC requires assurance of sustained progress.
📍 Discussions focus on timing for potential ...
📍 Bank of Canada keeps benchmark overnight rate at 5%, marking the sixth consecutive hold.
📍 Governor Tiff Macklem seeks longer-term evidence of slowing inflation before considering rate cuts.
📍 Recent data suggest gradual price pressure easing, with economic growth expected to rise.
📍 Core inflation decline noted as recent; BoC requires assurance of sustained progress.
📍 Discussions focus on timing for potential ...
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Karwan Gamage
liked
Translated
From YouTube
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Karwan Gamage
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Translated
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$Microsoft(MSFT.US$ I'm forced to use MS Teams since it's what the DOD has purchased. I hate it. Confusing at times. We usually leave our cameras off because it bogs down if too many video feeds are running.
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Fellow Investors:
I have been telling everyone for quite a while that $Meta Platforms(FB.US$ and $Alphabet-C(GOOG.US$ are two of the best buys with the best balance sheets, along with deep and wide moats filled with crocs.
I urge investors when they can, to get out of companies that have no earnings, have no margins, because investing them is, at best, "betting on the come." And people who place their money in companies that are eventually supposed to do all these great things that they're not currently able to do, usually lose money, and are sorely disappointed. This is especially true of the most potently hyped companies.
I have been telling everyone for quite a while that $Meta Platforms(FB.US$ and $Alphabet-C(GOOG.US$ are two of the best buys with the best balance sheets, along with deep and wide moats filled with crocs.
I urge investors when they can, to get out of companies that have no earnings, have no margins, because investing them is, at best, "betting on the come." And people who place their money in companies that are eventually supposed to do all these great things that they're not currently able to do, usually lose money, and are sorely disappointed. This is especially true of the most potently hyped companies.
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$Crude Oil Futures(JUN4)(CLmain.US$ $Tesla(TSLA.US$ I use about 300-400 gallons of gas a year. So let me sell my car, and buy a $45k car to save about $1k a year. My ROI is only forever. It would take me 3.3 years just to make up on the sales tax.
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$MasterCard(MA.US$ Seems like they went with a smaller than usual div increase but larger buyback. Makes sense, I hope they increase the pace of buybacks as the current $4.4B outstanding means they bought back around $800m in q4 so far. Should be far more at these prices.
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SpaceX is way ahead of everyone else in Space Tech. I would buy it in a second as long as it does not have the same astronomical valuation as $Tesla(TSLA.US$. Space the Final Frontier, has Huge opportunities for businesses. Just need to have the technology to make things happen and that's where SpaceX comes In. In fact I believe NASA is planning on exploring one Asteroid in our system that is allegedly worth trillions of dollars (gold & other metals).
But on a more realistic outlook, Civilian Vacations in Space, Space Exploration for the Government (science missions), and MILITARY is definitely a Huge Opportunity. ...to win a major war will depend on our Space Technology. All is my opinion.
But on a more realistic outlook, Civilian Vacations in Space, Space Exploration for the Government (science missions), and MILITARY is definitely a Huge Opportunity. ...to win a major war will depend on our Space Technology. All is my opinion.
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