Tesla vs. Bitcoin.
Archives of “November 2020” month
rss“Never bet against the United States.” Warren buffett
Since 2009, monetary expansion explains much of the revaluation of the North American indices.
Tesla will be the 10th largest company in the S&P 500.
“The Battle For Investment Survival” – Gerald Loeb 1943 edition.
Stay with the trend and rotation. From 1907 “The Cycles of Speculation” – Thomas Gibson
More from 1933 “Stock Market Technique – Vol 1” – Wyckoff
Darvas “You Can Still Make It In The Market “ – 1977
CFTC Commitments of Traders: Yen longs back off
Weekly FX positioning data for the week ending November 17, 2020:
- EUR long 134K vs 133K long last week. Longs increased by 1K
- GBP short 19K vs 22K short last week. Shorts trimmed by 3K
- JPY long 30K vs 42K long last week. Longs trimmed by 12K
- CHF long 15K vs 16K long last week. Longs trimmed by 1K
- AUD short 6K vs 8K short last week. Shorts trimmed by 2K
- NZD long 9K vs 8K long last week. Longs increased by 1K
- CAD short 20k vs 21K short last week. Shorts trimmed by 1K
The only notable change this week is the drop in yen longs but that’s simply a reversal of last week’s move. Overall, there has been surprisingly little movement since the election, despite all the volatility.
Fitch downgrades South Africa to BB- from BB, outlook negative
South Africa cut further
That’s a poor rating for a sovereign issuer.