Who buys Bitcoin? Retail demand is expected to double by 2024

2020-07-01

The latest research from the ZUBR derivatives exchange published on 29 June showed that retail investor participation is increasing despite the longstanding argument that institutional adoption would be necessary to propel crypto prices upwards With the recent halving being a distant memory and the price of Bitcoin (BTC) remaining atRead More →

Cerence Is Priced Fairly; Patient Investors May Locate Buying Opportunities Over Next 12 Months – Cerence Inc. (NASDAQ:CRNC)

2020-01-23

Synopsis Cerence (CRNC) is composed of its dominant, extremely profitable, low-to-mid single digit growth Edge business, and its nascent, rapidly expanding, likely loss-making Connected Services segment. Cerence currently trades at around $21.50 per share. I estimate that the Edge business is worth approximately $13-20 per share. I advise that CerenceRead More →

XLF Weekly: Pullback Continued To 29.45s Where Buying Interest Halted The Corrective Phase From All-Time Highs – Financial Select Sector SPDR ETF (NYSEARCA:XLF)

2019-11-17

In this article, we examine the significant weekly order flow and market structure developments driving XLF price action. As noted in last week’s XLF Weekly, the highest-probability path for this week was for price discovery higher. This primary expectation did not play out, as balance developed early week around lastRead More →

3 Equities Insiders Are Buying

2019-11-17

I’m not a snob. Ask anybody. Well, anybody who matters.”― Simon Le Bon No real discernible progress was made on ‘Phase 1’ of a trade deal between China and the U.S. this week despite many comments that the agreement might be ‘near’. Most of the media’s attention was focused onRead More →

XLE Weekly: Minor Price Discovery Lower To 59.34s Where Buying Interest Halted The Pullback – Energy Select Sector SPDR ETF (NYSEARCA:XLE)

2019-11-16

In this article, we examine the significant weekly order flow and market structure developments driving XLE price action. As noted in the XLE Weekly, the primary expectation for this week’s auction was for price discovery higher, barring failure of 59.87s as support. This week’s primary expectation did not play outRead More →