My Investing Muse

Public holidays (Singapore, Hong Kong, China & USA) 9th Aug 2022 - National Day of Singapore Earnings Calendar Earnings Calendar for week starting 8 Aug 2022 For the coming earnings, the ones of greatest interest for me are Palantir, Coinbox and Rivian. In fact, we can foresee some volatility in cryptocurrency as big players of Coinbase and Celsius report their earnings.  For Rivian, this was touted to be one of the biggest US challengers to the EV leader Tesla.  For Palantir, they have hit a recent low and this week could see a turnaround or a further dip. Palantir Palantir's stock has fallen 47.53% from a year ago.  Though we were away from a low of 6.44, we are still a good way from the high of 29.29.   The forecast of Palantir's Q2/2022 EPS and revenue is 0.0307 and 469.09M respectively.  Will Palantir be able to continue its recovery as they venture to secure more non-government customers?  Let us hope that the climb can continue. Coinbase Coi...

Bitcoin $BTC has been touted as the next hedge or "digital gold".  Traditionally, gold has been the "go-to" asset that holds value over long periods and is used to hedge against market downturns .   Thus, one of the key qualities of a hedge is that of value preservation .  During the market's downturn, a hedge will need to be able to retain or increase its value against market correction or  recession. Extract from investing.com:  Gold historically performs well during market corrections because it maintains its value; its price holds somewhat steady, then tends to rise as investors move from stocks to gold if a recession is threatening. This makes it useful as a hedge—an investment that moves opposite another—against market corrections or recessions. Comparison of BTC, gold and S&P500 index To establish if BTC is a good hedge as "digital gold", it needs to display similar performance and trends like that of gold.  Let us look into the following ch...