In today’s briefing:
- THE SPX Summer Top/Short Sequence
- Ethereum Block Explorer: Part One
- Binance Names 27 Projects in Latest Blockchain Incubator Cohort
- Reinventing American Healthcare
THE SPX Summer Top/Short Sequence
- SPX met the 4,000/20 summer rally target (long from 3,700) with a dip/rally sequence into early August to complete the topping process.
- Transitioning from risk on to risk off while finessing the SPX 3,900 pivot support that will define market energy in early August and the macro risk tone.
- NDX remains our favored short (aligned with SPX 4,000) and in early August. RTY long from 1,650 met our rally objective at 1,820+.
Ethereum Block Explorer: Part One
- This week we continue with our Bear Market Tactics series and follow on from last week, where we dived into how to use a Bitcoin block explorer.
- This week we will investigate how to use an Ethereum block explorer and explain its account-based accounting model.
- As mentioned last week, using a blockchain explorer isn’t necessarily an activity or tool that you use specifically during bear markets; however, these market downturns provide us with an opportunity to understand and master them.
Binance Names 27 Projects in Latest Blockchain Incubator Cohort
- BNB Chain, the blockchain ecosystem developed by crypto exchange Binance, announced that it has selected 27 projects for the fifth cohort of its Most Valuable Builder (MVB) incubation program.
- These projects were chosen from more than 650 applications worldwide.
- The program aims to empower projects and founders building decentralized apps (DApps) on BNB Chain.
Reinventing American Healthcare
- One trend that has accelerated in the last few quarters is the pace of acquisitions being made by cash-rich companies.
- The significant Macroeconomic uncertainties that lie ahead, coupled with record cash balances at the largest firms on Wall Street, have only accelerated the pace of industry consolidation.
- It’s no secret that high-quality De-SPACs with strong earnings have been prime takeover/acquisition targets in recent months after seeing their shares take a beating through the year.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
