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Venture: Finance

Issue 81; The Japanese stockmarket has made an all-time high for the first time in 35 years. It is a big deal which has received surprisingly little press coverage. I have written about in todays’ Global Trend Investor so won’t repeat that here.  Japan’s TOPIX Index The old

Venture: Portfolio Update

Issue 80; When ByteTree Venture began in September 2023, there was an overwhelming case for UK value stocks. Two years on, and at the overall market level, things are back to normal. There are no signs of overheating, but valuations on a price to book basis are once again above

Ethereum Steals MicroStrategy’s Thunder

ByteFolio Issue 171; 💡This issue covers Ethereum (ETH) and Tron (TRX). It may be a slow bull market by historic standards, but it’s a bull market, nevertheless. Bitcoin has a ByteTrend score of 5 and is on the verge of a new all-time high. Stay bullish. Bitcoin Bull Market

Printing for Growth

Trade in the Whisky Portfolio; Last Thursday, the Bank of England cut interest rates by 0.25% to 4%. The ECB has already got them down to 2.2%, with the euro still performing well. In the US, the Fed has held them at 4.5% but is expected to

U.S. Policymakers Back Crypto for the Long Haul

ByteFolio Issue 170; 💡This issue covers Bitcoin (BTC) and Solana (SOL). After a fortnight of consolidation, Bitcoin dropped to a low of $ 112,000 before stabilising around $ 114,000. It has also lost a star on ByteTrend, now holding a 4-star rating. BTC in USD While markets have been steady

Bonds Like a Weak Economy

Trade in the Soda Portfolio; Last Friday, I issued a Flash Note for the first time since April. A few things came together, such as a rally in the US dollar, a drop in bond yields, and a strong move in the yen. These are all associated with Risk-OFF market

Bitcoin Gains Weight

Flash Note: Trades in Whisky

Risk Reduction;

Full of Crêpe

ByteFolio Issue 169; 💡This issue covers PancakeSwap (CAKE) and Ethereum (ETH) Bitcoin remains in an uptrend but has made no progress. Long-term bulls are beginning to get frustrated. Bitcoin Bull Market The frustration comes down to the past cycles. This time the price has only doubled. In past cycles it

Beyond the Stars and Stripes

The S&P 500 may be hitting new highs, but beneath the surface lies growing risk: extreme concentration in a handful of tech giants, sky-high valuations, and weakening economic indicators. Meanwhile, gold remains a reliable safe haven, maintaining its top rank. Strength is shifting away from the U.S.

Bonds: Cheap or Bust?

Trade in the Whisky Portfolio; At 2.5%, the 30-year real yield on government bonds in both UK gilts and US treasuries is hard to ignore. Data goes back to 1996 in the UK, and 1998 in the US. Prior to that, there was no significant market for index-linked bonds,

Alt Rally Brrr

ByteFolio Issue 168; 💡This issue covers Aave (AAVE), Ripple (XRP) Bitcoin retains a ByteTrend Score of 5 but didn’t manage a new high this week, despite a bullish backdrop and a push from the White House as we covered last week. Still, all looks well, and I like these

Gentlemen vs Hooligans

Trades in Whisky; A friend asked me to send him the Gentlemen vs Hooligans chart I published yesterday in The Global Trend Investor. As he is a pro managing billions, I was delighted he noticed. It is such an important chart because it shows you how the nature of this

The Inflationary Elephant

Atlas Pulse Gold Report Issue 105; …maybe, just maybe, inflation is the new elephant. I say that because inflation expectations are rising sharply, and I sense a new wave in the gold rush. The gold price may still be consolidating from the April high, but the gold miners, silver, and