C.R.E.A.M. #36 - Uncertainty and Opportunity

Dear Lizards,

In light of recent events, it's essential to acknowledge the challenging times we're facing, marked by geopolitical tensions and market volatility. The drone and missile attack on Israel by Iran over the weekend has undoubtedly injected uncertainty into the financial markets. As we write this editorial, we hear the news that fortunately not much damage has been done, but for sure this has caused renewed war fears.

Market reactions are keenly observed, with Dow Jones futures set to open Sunday evening, alongside S&P 500 futures and Nasdaq futures. The anticipation of how markets will respond to these geopolitical developments is palpable, especially after the stock market sold off on Friday amid fears of an Iran attack. Right now we are seeing some relief as politicians say they are in favor of a diplomatic solution. However, we will need to see how the situation unfolds.

Bitcoin, experienced significant fluctuations, plummeting from around $67,000 to a low of $60,908 over the weekend. This 13% drop in two days led to the liquidation of numerous long positions, exceeding $300 million. Altcoins weren't spared either, bleeding over 30% in the same period, while Bitcoin dominance reached new highs.

As we navigate through these turbulent times, it's crucial to assess the situation carefully, evaluate our portfolios, and remain vigilant.

In this issue, we'll delve into our analysis of the current market landscape, share insights on portfolio management strategies. We have a coverage lined up, however, this will not be shared today since the current crash creates some good opportunities in our existing portfolio.

Yours,

Stockmoney Lizards