Noctober
Bitcoin’s ByteTrend score drops to a 3, having visited 2 in recent days. Uptober has turned into Noctober, and the crowds are disappointed.
Bitcoin’s ByteTrend score drops to a 3, having visited 2 in recent days. Uptober has turned into Noctober, and the crowds are disappointed.
A lot has happened this week with President Trump threatening to hike tariffs on China. It has led me to reduce risks in the portfolio, to take the edge off, and lock in some profits.
The Asian recovery is upon us. The MSCI Asia Index ex Japan has been lagging the world since 2010, but that has turned. Led by Hong Kong and Singapore, Asian stocks are starting to deliver.
The importance of hygiene has rarely been more relevant, and our next recommendation carries this torch. After a decade of strategic errors and poor execution, the company has overcome its struggles, and its quality is shining through again.
This gold bull market is about price, rather than excessive speculation. The market is hot, but it’s not red hot.
Bitcoin’s ByteTrend Score remains a 5, despite yesterday’s pullback. With gold at $4,000 for the first time in history, Bitcoin has a challenger.