Entries by Spencer Li

Weekly Market Wrap: Fully Loaded on Short Positions!

Last week, as the market continued to edge higher on weakness, we started initiating large short positions on stocks, crypto and REITs. This was due to many bearish overbought technical indicators, as well as bearish price patterns like bear flags or head and shoulders patterns. Markets were mostly flat the whole week until Friday, when […]

What is Cryptocurrency, and is it a Good Investment?

Many people think that crypto is going to be the biggest innovation of our generation, while many others think it it simply a scam. So, which is it? Cryptocurrencies have been in the news frequently over the past few years, and more people are becoming aware of them every day. In fact, over 30% of […]

Weekly Market Wrap: Is the Bear Market Ready to Resume?

After a strong market rally that last lasted the past few weeks, we have started to see prices come down last week. Is this just another pullback in the new bull market, or is this the resumption of the bear market? Either way, it does not matter, because our plan was to take short positions […]

What are Blockchains & Cryptocurrencies?

Why are blockchains touted as the next big thing in the financial industry and potentially a major game-changer? If you have heard of blockchain technology, chances are you know it has something to do with bitcoin, decentralised finance or cryptocurrency. And while those two things have become inextricably linked, they are not the same. That’s […]

Weekly Market Wrap: Has Inflation Peaked? Is the Stock Market Now Bullish?

The latest CPI data showed that inflation was almost flat for the month of July, which suggested the possibility that inflation had peaked, and might be turning down soon. But is this scenario likely? Since there are so many factors that affect inflation, it is really impossible to tell at this point, so a simple […]