Earnings is a difficult one to handle. I am not sure how to handle a stock before earnings :(. Any guidance is always welcome. Sharing some post analysis of my trade on $CRWD since 03/11/23. #CrowdStrike #earnings #stocks. I got in CRWD at 188.60 on 03/11, a pull back buy off support from 21EMA – a good spot to buy on hindsight. There could have been 2 more potential spots that I could have got in (marked by the two circles). When I added CRWD again on 02/02 and 06/02, I was already up 61%~ on my initial buy. Adding some more shares as it broke from a consolidation around this time, was the r ..read more

Today in The Morning Chai, we look at the Bitcoin Chart, briefly talk about the Inverted Yield Curve and understand that time is money. Chart A Day — Bitcoin, BTC The Bitcoin BTCUSD Chart is poised interestingly. Here in Fig 1, the BTCUSD chart is shown on a daily timeframe over a period of 3 years. The BTC prices are shown along with its moving averages. If you notice, the most beneficial periods for investors have been when all the moving averages have been trending in the same direction. The Yellow line is the 200DMA (200 Day Moving Average), Red is 150DMA, Green 50DMA ..read more

Today in The Morning Chai, we understand what a CPI index is, we discuss few ingredients for success and take a small step towards success. Finance Bites — What is CPI? Today the US inflation rate data as measured by the Consumer Price Index has been reported at 3.0% on an annual basis. CPI is a measure of change over time, in today’s case, over a 1 year period of the price of a fixed based of goods. A US CPI over 3.0% Year-over-Year as reported today till June 2023 essentially implies that cost for households and in turn inflation has increased by 3%. CPI is an indication ..read more

On Balance Volume is one of the better known volume indicators used in Technical Analysis. OBV or On Balance Volume was popularised by Joseph Granville in his book, “Granville’s New Key to Stock Market Profits”. On Balance Volume is constructed by assigning a positive or negative number to the day’s volume based on whether price closed higher or lower for the day. For example if volume is say, 1000 shares transacted on a day and the prices closed higher, the volume is assigned a positive value. In case the price closed lower than it opened, the volume is assigned a negative number. Each days a ..read more

Money and Finance is a rich man’s domain. It’s for everyone but is mastered by elite few. It’s needed by everyone but is hardly taught. It’s part of every adult’s thoughts, but is still an afterthought of the majority. Name one person in this world who doesn’t deal with money. Whether its a person in a rich part of the world or a person from a poor background from one of the poorer countries in the world, everyone deals with money. From a human’s birth to his death, money is sort of omni-present lurking behind the scenes for every activity that we do. It’s really surprising within this context ..read more

The cryptocurrency industry is powerful and full of traction. It keeps evolving every day and brings in numerous news on hot topics from around the world. In addition, news about Bitcoin surfaces on the internet every few seconds!  Due to its popularity, the market capitalization of Bitcoin grew exponentially over the years. According to predictions, the blockchain market is set to generate $39.7 billion by 2025. All of these contribute to the rise of cryptocurrency adoption by traders all around the world.  Most industries use this volatile yet impactful resource that ..read more

One of the biggest industries of the 21st century is the music streaming business.  Due to this booming business, popular apps like Spotify and Apple Music have become the main moneymakers. The good news is that these apps work well for all as more people worldwide have access to the streaming apps, which keeps all the music lovers tuned to their favorite beats. In addition to this, independent musicians and artists with low exposure can also rest easy knowing that their songs will be hand.  But here comes the bad news. These streaming apps give very little compensation (or sometimes ..read more

The future is here, and it is imperative to be aware of the industries fuelling the world through the roof towards massive growth. Many upcoming industries hold immense untapped potential that will be of use in the next decade. Several popular, thriving industries of the past are facing a gradual decline in value at present. This situation is indicative of the onset of the subsequent, massive overhaul that most prominent sectors of today will be facing. This compilation of the top 10 growth industries for the next decade focuses exclusively on the most eminent industries that possess the scope ..read more

Ever had the urge to invest in cryptocurrencies but held back?  Everyone has been there. You’re seeing the prices soaring in one minute, and right about when you are thinking of investing, you can’t figure out how.  The Circle company took it upon themselves to ease the financial experience with cryptocurrencies and blockchain technology.  Circle, a peer-to-peer digital payments company, is a revolutionary step in the direction of virtual currencies and their exchange. At its inception, the company dabbled in bitcoin exchange on its platform. Currently, it allows for holding, se ..read more

El Salvador, last year became the first country to introduce Bitcoin as a legal tender. What Is Cryptocurrency? Cryptocurrencies are digital currencies or assets that are primarily decentralized networks based on blockchain technology. Due to this feature, it lets the users exchange money or conduct transactions outside the control of the government. We can use cryptocurrency online to exchange goods and services, and the first cryptocurrency to be devised was Bitcoin in 2009. Most of the believers of cryptocurrency see it as the future of finance and currency. Though cryptocurrency has raised ..read more