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Charlie Morris

Charlie Morris

Venture: Portfolio Update

Venture: Portfolio Update

Issue 36; The average Venture stock has returned 17% since inception in September 2023. The best stock is up 103%, the worst is down 38%. In this issue, I provide an update on the laggards, all of which offer great potential at low prices.

Might the Dollar Be Entering a Bear Market?

Might the Dollar Be Entering a Bear Market?

I haven’t mentioned last week’s flash crash or the yen, mainly because ByteTree clients have heard enough. More to the point, they are long Gold and the Yen and therefore had a cushion of sorts in the recent malaise. Yet one key reason that the crash came to

The Quiet Gold Boom

The Quiet Gold Boom

Atlas Pulse Gold Report Issue 96; Various macro experts doubt the gold trend because “positioning is too high”. I just don’t see it… While investors have largely missed this gargantuan gold rally, the central banks have bagged it. Highlights Technicals Resounding All-time High Positioning The COT Longs Lag the

Bashing Cyclicals

Bashing Cyclicals

Soda is doing well, and Whisky, less so. That reflects the asset mix, whereby Soda focused on quality, whereas Whisky has remained more cyclical. Last week, the US economy appeared to be slowing down with weak employment data, and the market reaction seemed to be fairly extreme. The VIX Index,

Dead Cat Bounce

Dead Cat Bounce

ByteFolio Issue 120; 💡This issue covers THORChain (RUNE), Ripple (XRP), Solana (SOL), and Aave (AAVE). After last week’s carnage, it’s a good time to interpret the Bitcoin chart closely to see what it is telling us. The 200-day moving average is strong, which is positive. The 30-day MA

Deflation Shock

Deflation Shock

Given recent events in financial markets, this is an update to explain recent events. The market has had a deflation fright but without a major event such as a default. That means bond yields (black) and inflation expectations (red) have fallen. Their combined value (blue) has cooled from 7.9%

Behind the Curve

Behind the Curve

It’s been a busy week for the central banks and data releases. The Federal Reserve held rates steady while giving strong signals for cuts in September. The Bank of England cut by 0.25%, and the Bank of Japan hiked for the first time since 2007. With all this