Wicked Games

Ahhhh, the beauty, cruelty, anguish and wickedness of the stockmarket.

Don’t ya just love it?

I was comfortable acquiring Netflix stock a couple days ago.

And then, Netflix stock rose 11% in today’s trading and its up 20% from its intra-day low only 4 days ago.

Just think about that. Cash earns you 1% for the year.

Netflix is up 11% in a day.

And so the conundrum’s continue.

Tomorrow we’ll see those who are buying, because they are missing out.

Others may see it as a second chance to sell, if they got spooked by January’s decline.

Or what about the buyers in the last 2 days who are salivating over (or nervous about) a 11%-15% return, in such quick time. Keeping in mind, there tax to pay.

And then those who bought at today’s high of $427 prices will watch the stock fall 9% as it ‘backs and fills the ‘gap’ in the stock chart to $387.

Stocks often move to where they can do the most damage and much of it is psychological.

February 1, 2022

by Rob Zdravevski

rob@karriasset.com.au

Low Bitcoin volatility leads to a violent move

I am studying Bitcoin volatility and have found that the its 30 day historical volatility has fallen to its lowest level in my 10 years of data.

6 out of 7 times when its fallen to similar levels Bitcoin has rallied notably.

Last night, Bitcoin rose 3% or $300. It is currently trading at $10,878.

And Bitcoin’s correlation to the S&P 500 is ‘growing’.

The weekly chart below paints a clearer picture.

October 9, 2020
by Rob Zdravevski
rob@karriasset.com.au

Understanding Volatility

Courtesy of: Visual Capitalist

“>http://<div style=”clear:both”><a href=”https://www.visualcapitalist.com/5-lessons-about-volatility-to-learn-from-the-history-of-markets/”><img src=”https://2oqz471sa19h3vbwa53m33yj-wpengine.netdna-ssl.com/wp-content/uploads/2019/02/volatility-history-infographic.jpg&#8221; border=”0″ />

Courtesy of: Visual Capitalist
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