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Is MicroStrategy’s Bitcoin Strategy A Double-Edged Sword? This Hedge Fund Thinks So

Is MicroStrategy’s Bitcoin Strategy A Double-Edged Sword? This Hedge Fund Thinks So

Image courtesy of 123rf.com Kerrisdale Capital has recommended a unique investment strategy involving Bitcoin and MicroStrategy (Nasdaq: MSTR) shares. The investment firm suggests going long on Bitcoin while shorting MicroStrategy shares, anticipating that the premium at which MicroStrategy often trades due to its Bitcoin holdings might contract, as it has in the past. Hedge Fund Claims MicroStrategy’s Premium Cannot […]
Automatic Data Processing Is Overvalued

Automatic Data Processing Is Overvalued

Image Source: Pixabay Most investors are undoubtedly familiar with Automatic Data Processing (ADP). It does, after all: operate in 140 countries; has more than 1 million clients ranging from small businesses to large multi-national corporations for whom it provides Human Capital Management (HCM) and HR Outsourcing (HRO) services; and distributes payroll to more than 41 million […]
Bitcoin: Shorting MicroStrategy?

Bitcoin: Shorting MicroStrategy?

Image Source: Pexels If you’ve been following us we’ve been bullish on Bitcoin throughout 2023 and 2024 when it was going up. That’s after having been bearish on Bitcoin in 2022 when it was going down.Our last public post called out a Bullish Bitcoin target of 60,000 in December 2023 when Bitcoin was at about 40,000.After […]
Q1 2024 Asset Class Performance, Big Winners And Losers

Q1 2024 Asset Class Performance, Big Winners And Losers

The first quarter of 2024 ended with the S&P 500 (SPY) posting a total return of 10.4%. That was good enough to beat the Tech-heavy Nasdaq 100 (QQQ) and the blue-chip Dow 30 (DIA) on the large-cap front, and it also beat both mid-caps (IJH) and small-caps (IWM). The weakest of the various US index […]
5 Sector ETFs That Beat The Market In March

5 Sector ETFs That Beat The Market In March

Image Source: Pixabay The month of March has been good for the U.S. stock market, with the three major bourses on track for the fifth consecutive month of gain. The S&P 500 Index crossed the 5,200 milestone last week, rising more than 3% in March. The Dow Jones and the Nasdaq Composite Index are up about […]
Update On Gold Ratios

Update On Gold Ratios

Updating gold ratios to other markets using associated ETFsSure, gold is a pretty and heavy object that people fall in love with (and express their love with). But it is also a primary market indicator here in NFTRH land. When it rises vs. cyclical ‘risk’ markets it implies rising risk in those markets. When it rises vs. […]
Stocks And Precious Metals Charts – First Quarter Ends

Stocks And Precious Metals Charts – First Quarter Ends

And so we have the end of the first quarter.Stocks are at record highs, although they went out weakly and without conviction.Gold had a sharp rally higher today, as did silver.The Dollar rallied.Do not expect gold to break free of its long term manipulation by the Western Banks overnight.It will happen in stages. But as […]
Gold And USD Index Break Higher Together – What Gives?

Gold And USD Index Break Higher Together – What Gives?

Image Source: Pixabay Gold’s moving higher and… the USD Index is moving higher as well, which one is faking it?In the recent past, I commented on gold’s performance as being similar to what we saw in 2011. Today’s move higher makes the similarity less clear, but still intact. As a reminder, back in 2011, gold consolidated […]
No Shortcuts To Greatness: The Path To Successful Investing

No Shortcuts To Greatness: The Path To Successful Investing

Painting is by my father, Naum Katsenelson. Something weird happened to me on Twitter a few months ago. A “follower” started lashing out at me about a stock we own. When people attack me for my views it doesn’t bother me (I wrote several chapters in Soul in the Game on this topic). I don’t let personal attacks […]
Stock Market Bubble Expert Warns “Things Could Get Bloody Fast”

Stock Market Bubble Expert Warns “Things Could Get Bloody Fast”

Image Source: Unsplash Animal spirits have certainly been running wild in the stock market of late.The S&P is up over 1,000 points (roughly 25%) in the past 4.5 months.Is this a new era of easy gains as giddy bulls are proclaiming? One investor should jump in and make the most of?Or is this the latest incarnation […]