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Wars, Oil & Bitcoin
The Spot Bitcoin ETF is rumored to get approved & remains resilient amid significant interest rate hikes.
Gas is trending higher, (Natural gas, Brent, others)
SEC does not plan to appeal court decision on Grayscale bitcoin ETF, Reuters
Chinese indices are trying to carve out a bottom.
Utilities sector is extremely oversold.
Keep an eye out for Oils (ex other commodities), Tech, Bitcoin and China
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Important levels to watch on S&P
Big-tech/Bitcoin or nothing
Utilities have been completely re-rated during this interest rate rally.
Disney is bouncing off some really depressed levels. At the same time, the communication services sector is starting to outperform the broader market.
Return always wants its risk payment. NOT INVESTMENT ADVICE. Only for entertainment.
Enjoy the alpha.