Technological Leadership in the Crypto Space

Posted on | by Leon Hinde

Biden issued a presidential executive order to the US Treasury and regulatory agencies to coordinate regulation of digital assets, protect consumers, mitigate systemic risk, and drive US competitiveness and leadership in, and leveraging off digital asset technologies.

Goldman Sachs Group is exploring offering over-the-counter bilateral crypto options, signaling the bank’s deepening participation in helping institutions trade digital-currency derivatives. Bilateral options allow trades to be customized so that crypto holders such as hedge funds and Bitcoin miners can hedge risks or boost yields.

Our New Crypto Model Portfolio:

Create your free trial today https://www.investorsignals.com/register for more information call 1300 614 002.

US Stock Market

Posted on | by Leon Hinde

The graph of the S&P500 shows faltering short-term momentum with overhead resistance at 4590 in the S&P500 index.

Join Monday night’s webinar, where I’ll provide detail on the technical patterns that traders and investors should be watching.

Free trial: https://www.investorsignals.com/register

12/2 update:

19/2 update: The S&P500 remains below the 10-day average.

12/3 Update: The S&P500 remains below the 10-day average.

Federal Reserve’s First Rate Increase

Posted on | by Leon Hinde

Markets may have little reaction if the central bank carries out its quarter-point hike on Wednesday.

The Fed’s rate hike is expected, but investors will be watching to see what the central bank has to say about inflation and the economy, as well as its projections for future interest rate hikes.

Ripple – Crypto Large Cap

Posted on | by Leon Hinde

Ripple is under Algo Engine buy conditions and is up 234% after being added into our Crypto Large Cap model portfolio in Sep 2020.

Ripple is a real-time gross settlement, currency exchange and remittance network created by Ripple Labs Inc, a US-based technology company. Released in 2012, Ripple is built upon a distributed open-source protocol and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.

Ripple purports to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks”. The ledger employs the native cryptocurrency known as XRP.

Sunrise Energy – Speculative Buy

Posted on | by Leon Hinde

Sunrise Energy Metals is progressing its world-class Sunrise Battery Materials Complex in New South Wales.

The Sunrise Project is one of the largest and most cobalt-rich nickel laterite deposits in the world and is development-ready, with all key permits and approvals in place.  Sunrise is also one of the largest and highest grade scandium deposits globally.

The company requires a funding solution, (or JV partnership), to continue the development of the Sunrise project and we expect to hear news on this front within 6 – 9 months.

SRL is a high risk, high reward speculative opportunity, however, we feel the risks are skewed to the upside and traders may wish to run a stop loss on a break below $1.60

11/3/2022 Update:

Global Healthcare Leaders ETF

Posted on | by Leon Hinde

VanEck Vectors Global Health Leaders is under Algo Engine buy conditions. We suggest accumulating the fund within the value range indicated below.

Fund Description: HLTH invests in a diversified portfolio of leading international developed markets (ex-Australia)
companies with the best growth at a reasonable price (GARP) attributes from the global healthcare sector with the aim of providing investment returns, before fees and other costs, which track the performance of the Index.

The MarketGrader Developed Markets (ex-Australia) Health Care Net Return AUD Index seeks to identify the largest companies in the healthcare sector with the best GARP attributes, being the best drivers of long-term capital appreciation. The Index constituents are selected on the basis of the strength of their fundamentals across four-factor categories: growth, value, profitability and cash flow.