Entries by Spencer Li

What is Tether (USDT) Stablecoin, and is it a Good Investment?

Entering the world of cryptocurrencies is like stepping into a new dimension, with products such as stablecoins, NFTs, DeFi, Bitcoin, and many more coming out every single day. It’s hard to keep up with everything, even for the most experienced traders. That’s why it’s important to know what you’re doing and where you’re headed before […]

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Weekly Market Wrap: UK Tax Cut Reversals Spark Market Rebound?

Although there was a short-term bullish rebound in the markets from the UK tax cut reversal, the impact was short-lived, and in fact it provided us a good shorting opportunity to enter at better prices on the rebound. The long-term trend is still bullish, and as I just shared in the private signals group, until […]

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Weekly Market Wrap: Market Rebound on Higher Inflation Data??!!!

Last week, all eyes were on the CPI (Consumer Price Index) data, because if inflation does not slow down, it suggests that the measures taken so far are insufficient, then there is a high chance that the Fed will continue raising rates more aggressively (which is bad for markets). As markets drifted downwards, we continued […]

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Weekly Market Wrap: Cashing Out Before the Market Rebound!

Last week, we saw a sharp rebound in all markets (stocks, bonds, crypto, REITs, etc), which was not unexpected given how oversold most markets were. That is why we decided to cash out by closing all positions and taking profits. This includes my high 6-figure USD/SGD long positions. The plan was to wait for the […]

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Weekly Market Wrap: Taking Profit on Short Positions!

Last week, we saw the bearish trend continue for stocks, crypto and REITs, as well as the bullish trend for USD. Since we have been holding these positions for quite a while, and they are all deeply in the money, I have decided to close these positions and take profits. Some of these positions were […]

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