The Midstream, a Love Story
It's been a great month for midstream energy. And it's not over yet.
Action to Take: Ignore the noise around MicroStrategy's wild swings and resist FOMO as Bitcoin flirts with $100K. Instead, keep a close eye on dollar strength as the DXY pushes into overbought territory above 75 RSI. Watch the Invesco Dollar ETF (UUP) MACD for reversal signals - until then, minimize exposure to multinationals facing currency headwinds, particularly in tech and consumer goods. Focus on companies generating domestic revenues as Trump policy expectations drive the greenback's eighth straight weekly advance.
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Momentum: Money's flowing out of speculative plays toward things you can touch and feel. Utilities and Industrials attract fresh buying while Basic Materials and Energy surge on the week, showing bigger muscle moving toward safety. Institutional investors are clearly getting more defensive as nuclear tensions rise between Russia and Ukraine, choosing tangible assets over speculation despite all the crypto excitement.
Insider Buying: Carlos …
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