Mayer Multiple Passing Signals That Bitcoin (BTC) Bear Market Might Be Over Historical Trends Show Bitcoin Might Have Bottomed At $3, The Mayer Multiple, a measure conceptualized by diehard Bitcoin investor and evangelist Trace Mayer, seems to be signaling that BTC . Bear Market Over? Charts on Bitcoin and ASX Suggest Otherwise U.S stocks are showing signs of life amid the recent $2 trillion stimulus package. Yet it may be a while before confidence is. Bitcoin Bear Market: Is It Over Now? March 30th @TKThomas Kuhn, CFA. Crypto, Markets, Trading. We take a look at Bitcoin from the technical perspective. In this paper we illustrate why we think that Bitcoin has hit its low but that the ghost of the Bear market .
Btc bear market overBear Market Over? Charts on Bitcoin and ASX Suggest Otherwise
However, pressure toward the downside is apparent. In commodities, oil is trading at lows not seen since February Further, two long-term moving averages MAs , the day and day, are beginning to converge once more. That indicates the potential for a deeper drawdown from Feb.
Elsewhere in crypto, XRP is down 3. Ether ETH is currently trading 4. Global financial sentiment will need to continue to improve significantly in the coming week if there is any real chance of staving off a deeper recession.
In the past week, almost all markets have suffered daily lower highs, taken by technical traders to be a negative signal. With coronavirus-related updates changing daily at a rapid pace, a conclusion to the uncertainty and fear in markets may be far from over. It has since been updated to include the most relevant information available. That means my stock pick for January will have a corporate name beginning with J, then an F for February and so forth.
Its year-to-date YTD total return through Dec. That suggests that could be a breakout year for this Dividend Aristocrat. This payment processor is having an underwhelming year relative to the U.
It sits just a fraction lower than it did this time last year. So, this is not a glamorous stock but its services are certainly in demand. Currently, the industry leader has an FCF yield of 2.
The decision to go on its own was a result of two reasons. Beyond Meat would have surely taken some shine off of the Golden Arches. That makes it one of the best stocks to buy for the upcoming year. It did and then some. For my list of best stocks to buy in , it represents the month of May. Like Adobe, MercadoLibre is faring far better than both its internet retail peers and U.
Likewise, its revenues are on fire and growing like weeds. True to the Amazon comparison, this name will also probably see exponential growth in its free cash flow over the next few years. At the time, I argued that it had a dominant position in Latin American e-commerce and its stock would benefit from that. There are even fewer with strong free cash flow. Nonetheless, Johnson Controls represents the month of June on my list of best stocks to buy.
In early November, Johnson Controls also announced its fourth-quarter results, which were excellent despite the challenging business environment. I view JCI as a nice stock for risk-averse investors who also like a little dividend income — its dividend yield is 2. This maker of windows and doors represents the month of July on my best stocks to buy list.
Those stocks have mostly benefited from Covid However, on Nov. On the bottom line, it had adjusted earnings per share of 52 cents, eight cents higher than analyst expectations. As the focus remains on homes in , I expect Jeld-Wen to snap out of its funk and do well. Put simply, Apple has become so much more than a maker of smartphones.
SVB Financial is the holding company that operates Silicon Valley Bank, the Santa Clara-based financial institution that focuses on entrepreneurs and innovators.
Instead, the balance sheet matters most. I think you owe it to yourself to check it out in That makes for an FCF yield of 5. Top-line organic sales fell 1. Also, operating margins increased basis points to That makes it worthy of this best stocks to buy list for Can you say recurring revenue?
I maintain that NEE stock is one of the best stocks to buy for , representing the month of November on this list. NEE stock is a thing of beauty if consistent returns are your thing. Over the past three-, five- and year periods, it has annualized total returns of Both rejected the offers. Like Hake said, a bid might come with more cash. Combine that with a year annualized total return of Right now, its FCF yield is 5.
On Nov. In my book, helping customers save time and money are the hallmarks of any successful business. DG stock is much more down-to-earth. In turn, that makes it one of the best stocks to buy going into the uncertainty of On the date of publication, Will Ashworth did not have either directly or indirectly any positions in the securities mentioned in this article.
Will Ashworth has written about investments full-time since He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia. Dow Jones futures: As the stock market rally pauses near highs, Apple stands out, while Microsoft shapes up.
Taiwan Semi and Qualcomm are large cap stocks to watch. Speculation on an Apple car continues to run rampant. Goldman Sachs just took a crack at estimating how much money Apple would make if it enters the electric vehicle market. Despite the novel coronavirus pandemic, was a strong year for stocks, and some new growth stocks in particular. So where is the growth in likely to come from?
Will these stocks continue to be all-stars or will other growth stocks steal the spotlight? Others are betting on a continued shift of capital into cyclical stocks. But whatever happens not all growth stocks are created equal heading into But despite its relatively cheap valuation, shares of the beauty retailer that specializes in fragrances, cosmetics, skin care and nail care have been rising sharply in recent months.
Since Oct. Specifically, Coty reported a surprise profit for its fiscal first quarter, announced on Nov. The company posted adjusted earnings per share of 11 cents, compared to the 5 cents-per-share loss analysts had forecasted. Wall Street is now hopeful that Sue Nabi is taking Coty in the right direction after several failed turnaround attempts for the cosmetics company that has been in business since Professional basketball, baseball, football and hockey should welcome fans back to stadiums and resume their regular schedules.
And it all bodes well for sports betting operator Draftkings. Not only will most major sporting events resume as normal in the New Year, but there are growing expectations that more U.
Analysts at Oppenheimer recently noted that many states face revenue shortfalls due to the Covid pandemic, and, as budget deficits swell, they may turn to sports betting as a new revenue source.
Oppenheimer expects New York, Massachusetts, Connecticut and Ohio to legalize sports betting in the coming year. That would certainly help lift DKNG stock to new heights. And several companies are positioned to capitalize on the 5G revolution that is expected to take society into new technological realms. Qualcomm is one of the companies that will most likely reap rewards from 5G. The semiconductor and software manufacturer is benefiting from the use of its microchips in various 5G wireless technologies and platforms.
In particular, Qualcomm chips are being inserted into a growing number of 5G Android cell phones. And analysts see big things ahead for the stock. Morgan Stanley named Qualcomm as one of 10 stocks best positioned to benefit from the global 5G roll out. Given the continued roll out and adoption of 5G networks and technologies around the world, the coming year looks very bright for Qualcomm and its shareholders. Our original thought on what would push it outside of the range for good longer term was when each Bitcoin underwrites more sophisticated financial transactions of larger values in decentralised finance and digital assets and where Bitcoin would act as the fundamental value underwriting it all.
Having said that, it will be interesting to see if increases in the Gold price or failure in the financial system is capable of changing this macro-narrative.
Some mix of these factors could potentially change the nature of the asset over time. The counter-trade to this play by play is interesting to consider as well.
If we can presume that the bear market is over, and that the market has recently been caught, held and sold heavily to push out longs but is in fact deeply bullish, then an aggressive trade led by medium to large funds could catch shorts at present prices and push them through the high, relying on FOMO and hysteria.
If the Gold market had already breached highs and traded on the other side of — then we might expect this kind of panic bid into Bitcoin now. Similarly, when the Bitcoin market breaks the bearish narrative we expect some aggressive buying. But in global markets medium term a monetary value trade is coming. A terrific battle is playing out in Gold that is reminiscent of a larger problem playing out in the financial markets.
In normal conditions the size leverage of the paper markets gives it significant control over the actual physical commodity market. We have recently seen how dynamic of spot vs paper can dramatically change in oil markets. Play Now! Tweet Share Could you be next big winner? Tony Spilotro I'm Tony Spilotro. Related Posts. Technical Analysis.