$VRT is a wonderful momentum stock.
In good times, revenues grow quickly, margins rise and cash piles up.
When the tide turns, the stock drops fast.
We explain why, and look at whether the tide is about to turn, in our free note today.
www.cestriancapitalresearch.com/is-vertiv-st...
$ETH entering a new topping zone, 👀
Just entering a potential Wave 3 topping zone.
Most likely it carries on higher from here but if you own #Ethereum, you might start to watch price a little more closely than normal right now.
Big Money is focused hard on crypto, specifically:
🟢 $BTC 🟢 $ETH 🟢 $SOL
By tracking asset rotation through machine learning/charts/fundamentals, we follow what Big Money is doing.
We've launched Big Money Crypto to help you get ahead of the curve. www.cestriancapitalresearch.com/big-money-cr...
3. Several companies are now raising equity and debt in order to acquire Ether quantities at scale, ranging from small $50-100m raises up to multi-hundreds of millions of dollars raises.
For the full free article on the above and for more free research, see the link in our bio.
2. The only way to pay for transaction processing on the Ethereum network is to obtain and pay with the Ether #cryptocurrency.
Recap of what’s happening in the #Ether market:
1. The #Ethereum #blockchain is likely to be dominant as the system of record for higher-value tokenized assets, like real estate, positions in private market funds, etc.
$ETH price growth is accelerating quickly, what’s behind the rise (thread)?
Here’s $Ether vs. $Solana vs. $Bitcoin since the Liberation Day lows, and the S&P500 for comparison, chart attached.
- Tokenization Accelerated. Tokenization - which means creating digitized claims on ownership and/or other rights as regards assets - has already begun, but the GENIUS Act brings this into the mainstream.
For more free research and the full article on the above, see the link in our bio.
- Blockchains Institutionalized. Larger established blockchains are now acceptable databases of record for the asset management industry. Due to their ability to store more fields than the #Bitcoin blockchain, #Ethereum and #Solana are likely to benefit disproportionately.
- Stablecoins Legitimized. GENIUS Act gives stablecoins an on/off ramp for US dollar value to be ported across to markets denominated in crypto. Collateral comes in the form of US dollars and/or US Treasuries, so demand for dollars/Treasuries should also rise
The #GENIUS Act is a gift for the asset management industry and a catalyst for wonderful new opportunities in #crypto #ETH, #SOL let’s unpack how (thread):
Well, then what is, and why?
$ETH is in a powerful move up, a result of competitive accumulation by the above.
This Wave 3 up may reach between $3950-4500 before taking a breath.
Disclosure - Long $ETHE, $BMNR, $SBET and other members of the Ether complex.
See link in bio for our full note on the above and more free research
Why $ETH may be the best risk/reward opportunity in crypto.
- It is earlier in its bull move than is $BTC
- Has real at-volume demand (from levered Ether Treasury Companies: BitMine, SharpLink etc),
- Real-world applications
Read our full $TSM analysis here www.cestriancapitalresearch.com/taiwan-semic... and for more free research check out the link in our bio
In short, $TSM is a freight train which will be slowed down by nothing short of (i) a global downturn and/or (ii) a Chinese physical or political annexation of Taiwan.
Price has run up some 85% from the April lows; risk-conscious asset managers may take profits somewhere between $230-$290/share
$TSM Q2 earnings released, results?
- $100B+ of trailing twelve month revenues.
- Growing TTM rev at +38% pa, and that rate of growth is accelerating.
- TTM unlevered pretax free cashflow margins are 31%.
A little shy of $63bn net cash in the bank, after the bond liabilities taken into account.
$ASML is down 7-8% in pre-market trading;
It remains to be seen what happens at the New York open but the early read does reflect trading of the stock in its native European market.
Here is our full analysis article on Q2, free to read www.cestriancapitalresearch.com/asml-q2-fy12...
Here is our article www.cestriancapitalresearch.com/asml-q1-2025... on Q1.
Stay tuned to this thread for breaking analysis on Q2.
$ASML Q2 earnings on deck, here is some Q1 analysis for perspective:
- Demand steady despite trade uncertainty
- Revenue growth expected in ‘25/’26
- Margins likely to tighten
- Long-term guide intact
For our full research article on the state of markets and more free research, visit the link in our bio
ATH last Thursday, a modest down day Friday,
let’s see if Trade Wars II does give air cover for a selldown. Only time will tell…
$SPY what does this Chicken Bull Zone mean for the bull train?
It’s unlikely the bull train stops here. Likely SPY pushes higher to at least the Fairly Bullish zone.
That doesn’t mean in a straight line so, as always, know your timeframe.
$ETHE $SBET $BMNR
Tokenomics Bulletin
www.cestriancapitalresearch.com/tokenomics-b...
Yes.
This was the first of our “Everything Is Token” series.
More to come.
Follow for the ride. $ETHE $SBET $COIN $IBIT and read more free content, including the full article outlining the above at the link in our bio
Tokenization is a given.
Ethereum will likely be at the center.
This is the start of a new asset class, and a new way to think about ownership.
$SBET is now a levered bet on the price of Ether.
High risk. High volatility. But the math might work.
Cestrian staff own BMNR as well as SBET and also ETHE, eyes open, Kool-Aid untouched.
Early adopters: $SBET $BMNR
A microcap using an Ether Treasury model (like $MSTR and Bitcoin)
If Ether demand rises + supply is locked… you get price acceleration.
Who likely wins?
Ethereum.
Because Ether is the gas powering this new machine.
Smart contracts now = cashflows, ownership rights, real-world assets.
