CLVS Is Full of Upside Momentum CLVS 充满上升动力

After falling 55% from February 12 high $11.10 to March 5 low at 5.04, Clovis Oncology (CLVS) jump 0ver 56% today with 47 times average daily volume. The upside momentum looks very likely to continue because:

1. Data from randomized Phase 3 Ariel 4 study CLVS 's Rubraca significantly improves progression-free survival versus chemotherapy in patients with later-line ovarian cancer. The safety of Rubraca observed in the ARIEL4 study was highly consistent with both the U.S. and EU product labels.

2. There are 42% shorts on 86 million shares float, a perfect candidate for short squeeze.

3. Even before today's big move, Investors Business Daily's Acc/Dist rating was B-,Institutions have been buying. This rating could jump significantly after today's upside action. 

4. EPS this year is expected to increase by 41%. It's Price to Sales Ratio is only 3.56.

5. Bullish charts: CLVS gapped up through resistance $8, looks ready to challenge $10. $15 will be next if breaks through $10 . Its all time high price is $116.75 in 2015.

Clovis Oncology (CLVS 8.31), Inc., a biopharmaceutical company, focuses on acquiring, developing, and commercializing anti-cancer agents in the United States, the European Union, and internationally. The company offers Rubraca (rucaparib), an oral small molecule inhibitor of poly ADP-ribose polymerase for recurrent epithelial ovarian, fallopian tube, or primary peritoneal cancer, as well as for metastatic castration-resistant prostate cancer. It also provides lucitanib, an investigational angiogenesis inhibitor, which inhibits vascular endothelial growth factor receptors 1 through 3 (VEGFR 1-3), platelet-derived growth factor receptors alpha and beta (PDGFRa/), and fibroblast growth factor receptors 1 through 3 (FGFR 1-3); and FAP-2286, a peptide-targeted radionuclide therapy and imaging agent targeting fibroblast activation protein. The company distributes its products primarily through specialty pharmacies and distributors to patients and health care providers. Clovis Oncology, Inc. has license agreements with Pfizer Inc., AstraZeneca UK Limited, Advenchen Laboratories LLC, and 3B Pharmaceuticals GmbH, and Bristol Myers Squibb Company; and a partnership with Foundation Medicine, Inc. The company was incorporated in 2009 and is headquartered in Boulder, Colorado.

从2月12日的高点11.10美元下跌35％至3月5日的低点5.04后，克洛维斯肿瘤学公司（CLVS）今天上涨超 56％，成交量为平均日两的47倍。上升势头很可能会持续，因为：

1.来自3期Ariel 4随机研究的数据与晚期化疗相比，CLVS的Rubraca与化疗相比可显着改善无进展生存期。ARIEL4研究中观察到的Rubraca安全性与美国和欧盟的产品标签高度一致。

2. 8600万股的流通量中有42％的空头，这是逼空的理想股票。

3.即使在今天大副上升之前，《投资者商业日报》的Acc / Dist评级为B-，机构一直在购买股票。在今天的上行行动之后，该评级可能会大幅上涨。

4.预计今年每股收益将增长41％。它的价格与销售比率仅为3.56。

5.牛势图表：CLVS突破阻力位8美元，看来准备挑战10美元。如果突破10美元，则接下来的目标将是$ 15。它的历史最高价格是2015年的116.75美元。

生物制药公司（Clovis Oncology，Inc. CLVS 8.31）致力于在美国，欧盟和国际上收购，开发和商业化抗癌药物。该公司提供Rubraca（rucaparib），一种多聚ADP-核糖聚合酶的口服小分子抑制剂，可用于复发性上皮性卵巢癌，输卵管癌或原发性腹膜癌以及转移性去势抵抗性前列腺癌。它还提供lucitanib，一种研究性血管生成抑制剂，可抑制血管内皮生长因子受体1至3（VEGFR 1-3），血小板衍生生长因子受体α和β（PDGFRa /）以及成纤维细胞生长因子受体1至3（ FGFR 1-3）； FAP-2286，一种靶向肽的放射性核素疗法和靶向成纤维细胞活化蛋白的显像剂。该公司主要通过专业药房和分销商向患者和医疗保健提供者分发其产品。 Clovis Oncology，Inc.与Pfizer Inc.，AstraZeneca UK Limited，Advenchen Laboratories LLC和3B Pharmaceuticals GmbH以及Bristol Myers Squibb Company拥有许可协议；该公司成立于2009年，总部位于科罗拉多州的博尔德。

Now Is Another Opportunity To Jump On The Fast Moving Bitcoin Train 现在是跳上比特币快速列车的另一个机会

Bitcoin made all time high of $61782 on March 13, 2021. It then corrected down 8561 points to $53221 low on March 15. By today (March 17), the correction is over and is ready to challenge new high again. One of Bitcoin's unique characteristics is its corrections are big and fast and it has been always good to buy after a short term big drop.  The followings are reasons why  I am so sure Bitcoin is going to make new high again in the near term:

1. After two days of meeting, the Federal Reserve said it sees no interest rate hikes through 2023 and it will let inflation run hotter than usual to ensure a full economic recovery.  The Fed chairman has been saying he will keep interest rate low for a long time and there were skeptics but today's Fed sayings should convince those skeptics.  This continue easing from the Federal Reserve means there are going to be abundant of capital for risk investment. It is very bullish for Bitcoin.

2. Americans are receiving their $1400 stimulus checks now and part of these money are going to find their way into Bitcoin immediately.

3. Investors, institutions and corporations have been waiting for the right time to buy bitcoin and this is the perfect time since Bitcoin had just gone through a sharp correction, Federal Reserve continue to ease and stimulus money are ready to be spend.

I see Bitcoin will likely surge past its March 13 high of $61782 and moves on to $72000 short term. Hot Bitcoin related stocks are EBON, MOGO, CAN, MARA , RIOT and GBTC.

Latest news on Bitcoin:

On the topic of institutional involvement, meanwhile, this week was tipped by Bitcoin investment firm NYDIG to bring significant announcements from prospective large-volume corporate investors. In an episode of the On The Brink podcast recorded on March 10, CEO and co-founder NYDIG Robby Gutmann removed any doubt  that the institutional scene was about to transform."I think — I don't think, I know — starting more or less next week, you're going to see an absolute drumbeat of pretty game-changing milestone from some of these firms that are really going to mark each progressively new point in Bitcoin adoption, Bitcoin availability, Bitcoin products and services within the existing traditional financial landscapes," he said. ---Cointelegraph 03/17/2021

Wall Street firm Morgan Stanley’s wealth management unit on Wednesday published a research report arguing the “threshold is being reached” for cryptocurrency to become an investable asset class. On the same day, Morgan Stanley said it will offer its clients exposure to three bitcoin funds, while Hong Kong-listed software firm Meitu made additionalinvestments in bitcoin and ether. “This is a bullish step to further awareness and acceptance of bitcoin, and shows the organic underlying demand as investors look to seek alternatives to existing investment classes,” said Jason Lau, chief operating officer at San Francisco-based crypto exchange OKCoin. ---Coindesk 03/17/2021

As Cointelegraph reported, depending on the price indicator used, the peak could be uncomfortably near or still far off. For followers of stock-to-flow, the answer remains firmly the latter: Compared with previous bull cycles, 2021 is just getting started. “We are only 3.5 months into the Bitcoin bull market,” PlanB summarized.He referenced both his stock-to-flow, or S2F, and stock-to-flow cross-asset, or S2FX, models, which give an average BTC/USD price forecast of $100,000 and $288,000 during the current halving cycle, set to end in 2024. This is just the average, however, and PlanB believes that the peak of this cycle could be double those figures or even more — potentially in excess of $576,000. ---Cointelegraph 03/17/2021

比特币在2021年3月13日创下历史新高61782美元。然后下调了8561美元到3月15日的低位53221美元。到今天（3月17日），修正已经结束，并准备再次上升挑战新高。比特币的独特特征之一是其修正幅度大而又迅速，经过短期的大幅下跌之后，一直都是很值得买入的机会。以下是我如此确定它会在短期内再次创出新高的原因：

1.经过两天的会议后，美联储表示到2023年都不会加息，它将容忍比平时更高的通货膨胀，以确保经济全面复苏。美联储主席一直在说他将保持低利率很长时间，但很多人对此持怀疑态度，但今天美联储的声明应该说服了那些怀疑者。美联储的这种持续宽松意味着风险投资将得到大量资金。这对于比特币来说非常看好的。

2.美国人现在开始收到1400美元的经济刺激支票，其中一部分这些钱将会立即进入比特币市场。

3.投资者，机构和公司一直在等待合适的时机购买比特币，现在正是时机因为比特币刚刚经历急剧调整，美联储继续放宽货币政策及经济刺激资金准备入市。

我认为比特币短期内会突破3月13日的高点61782美元，并升至72000美元。正在当旺的比特币有关股票是EBON, MOGO, CAN, MARA, RIOT及GBTC。

比特币最新消息：

在机构参与的主题上，比特币投资公司NYDIG于本周暗示潜在的大公司投资者的重要公告。在3月10日录制的On The Brink播客的一集中，首席执行官兼联合创始人NYDIG Robby Gutmann消除了有关机构即将转变的任何疑问。下周，您将看到其中一些公司改变游戏规则的里程碑，这些公司将从现有的传统金融体系中在比特币采用，比特币可用性，比特币产品和服务方面的改变。”他说。 -Cointelegraph 03/17/2021

华尔街公司摩根士丹利（Morgan Stanley）的财富管理部门周三发布了一份研究报告，认为加密货币币已达到 一种可投资的资产类别的门槛。当天，摩根士丹利（Morgan Stanley）表示将向客户提供三只比特币基金的投资，而在香港上市的软件公司美图（Meitu）在比特币和以太币上进行了额外投资。位于旧金山的加密货币交易所OKCoin的首席运营官Jason Lau说：“这是进一步提高人们对比特币的认识和接受的看涨步骤，并显示出潜在的内在需求，因为投资者希望寻找现有投资类别的替代方案。” --- Coindesk 03/17/2021

正如Cointelegraph报道的那样，根据所使用的不同价格趋势指标，比特币可能会很不舒服的接近顶部或仍然很遥远。对于stock-to-flow的追随者而言，答案仍然是坚定的：与以前的牛市周期相比，2021年才刚刚开始。 PlanB总结说：“我们开始了比特币牛市只有3.5个月的时间。”他同时参考了他的stock-to-flow（S2F）和跨资产stock-to-flow（S2FX）模型，这些模型给出了平均比特币/美元价格预测分别为100,000美元和288,000美元，预计于2024年才结束。但这只是平均值，PlanB认为，该周期的峰值可能是这些数字的两倍甚至更多，甚至可能超过576,000美元。---Cointelegraph 03/17/2021

These Two Bitcoin Related Stocks Are Becoming Hot 这两只比特币有关的股票会变热门

Bitcoin made new high $61782 last weekend,  sharply corrected down and found support at $54000 yesterday. It looks ready to rally back up again. When it comes to Bitcoin investments, Bitcoin itself is the most direct investment, however one need to buy it in a Bitcoin exchange and one thing many investors cannot get over with is its over $50000 high price. I have always emphasize to people the fact that high price is not a problem, what we are looking for is the rate of return not the number of unit one can hold. It doesn't matter how much Bitcoin you can buy with your capital, the goal is to participate and capture the great return. You can buy a fraction of Bitcoin to fit your budget. 

In a good day Bitcoin can move 5 to 10% . However in a good day, a Bitcoin related stock can move 10 to 40%! This is the reason why the Bitcoin related stocks are investors favorites. The hot ones have been Bitcoin miners RIOT and MARA and Bitcoin mining system manufacturer CAN.  The two stocks that have been catching up and becoming hot are MOGO and EBON.  The reasons for them to become popular are as follows:

1. They operate Crypto exchanges.  One of the world's largest Crpto exchange Coinbase is planning to go public in March and its valuation is expected to be around $100 Billions. With this high valuation, the valuation of other Bitcoin exchanges are likely to be pulled up. MOGO and EBON are the only two public companies that operate Crypto exchanges investors can buy now in the market.

2. Besides operate Crypto exchanges  MOGO also provides financial services and EBON has already been popular for its Bitcoin mining machines.

3. They are lowest priced than the others, investors like the lower priced stocks.

4. Their charts look good and both are ready to breakout. 

Followings are descriptions of these two stocks.

Mogo Inc. (MOGO 10.55) operates as a financial technology company in Canada. The company provides finance app that empowers consumers with solutions to help them get in control of their financial wellness. It offers users a free MogoAccount and provides access to various products, including free credit score monitoring, identity fraud protection, digital spending account with Platinum Prepaid Visa Card, digital mortgage experience, the MogoCrypto account, a product within MogoWealth that enables the buying and selling of bitcoin, and access to smart consumer credit products through. The company's platform delivers digital experience with various products all through one account. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.

Ebang International Holdings Inc.,(EBON 11.58) through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines in China, the United States, Hong Kong, and internationally. It also provides mining machine hosting services that enable customers to operate mining machines remotely, as well as offers routine maintenance services. In addition, the company engages in the research, development, manufacture, and sale of fiber optical telecommunication products, including PDH fiber optical multiplexers, E+E fiber optical multiplexers, 1+1 dual fiber interface back-up fiber optical multiplexers, voice fiber optical multiplexers, date video fiber optical multiplexers, fiber modems, protocol converters, optical fiber transceivers, timeslot multiplexers, PAS repeaters, and others, as well as transmission network and converged communication products. Further, it offers enterprise convergent terminal products, including gigabit passive optical network, enterprise cloud gateway devices, industrial Internet of Things access devices, and business enterprise smart wireless access devices. The company offers Bitcoin mining machines under the Ebit brand. It serves blockchain and telecommunications industries. The company sells its blockchain products directly, as well as through its website; and telecommunication products under the EBANG brand name primarily through supplier contracts. Ebang also plan to start a Crypto exchange in April 2021.  Ebang International Holdings Inc. was incorporated in 2018 and is headquartered in Hangzhou, China.

上周末，比特币创出新高$61782，大幅下挫并在昨天的$54000找到支撑。它看来准备开始再上升。当涉及到比特币投资时，比特币本身就是最直接的投资，但是需要在一个比特币交易所购买。但许多投资者无法克服的一件事是其超50000美元的高价。我一直向人们强调一个事实，那就是高价不是问题，我们寻求的是收益率而不是可以持有的单位数。您可以用现有的资本购买多少比特币都没关系，目标是参与并获得丰厚的回报。您可以购买部分比特币以适合您的预算而不一定买整个比特币。

在好的一天，比特币可以上涨5％到10％。但是，在好的一天，与比特币相关的股票可能会上涨10％至40％！这就是为什么比特币相关股票成为投资者最爱的原因。一向最热门的是比特币矿商RIOT和MARA，以及比特币采矿系统制造商CAN。但 MOGO和EBON这两个一直在追赶上来并变得炙手可热的股票。它们现流行的原因如下：

1.他们都经营加密货币交易所。全球最大的加密货币交易所之一Coinbase计划于3月上市，其估值预计将达到1000亿美元左右。凭借如此高的估值，其他比特币交易所的估值可能会被拉高。 MOGO和EBON是在股市上仅有的两家投资者可以购买目前运营加密货币交易所的上市公司。

2.除了经营加密货币交易所外，MOGO还提供各种金融服务，而EBON生产的比特币采矿机已经广受欢迎。

3.它们的股价都比其他价格为低，投资者喜欢价格较低的股票。

4.它们的图表看起来不错，并且都准备好突破。

以下是对这两种股票的描述：

Mogo Inc.（MOGO 10.55）是加拿大的一家金融技术公司。该公司提供的财务应用程序可为消费者提供解决方案，以帮助他们控制财务状况。它为用户提供一个免费的MogoAccount，并提供对各种产品的访问权限，包括免费信用评分监控，身份欺诈保护，带有Platinum Prepaid Visa卡的数字消费帐户，数字抵押体验，MogoCrypto帐户，MogoWealth中的一种产品，可以进行买卖比特币，并通过其访问智能消费信贷产品。该公司的平台通过一个帐户即可提供各种产品的数字体验。 Mogo Inc.成立于2003年，总部位于加拿大温哥华。

易邦国际控股有限公司（Ebang International Holdings Inc.）（EBON 11.58）通过其子公司在中国，美国，香港和全球从事专用集成电路芯片的研究，设计和开发以及比特币采矿机的制造。它还提供采矿机托管服务，使客户能够远程操作采矿机，并提供例行维护服务。此外，该公司还从事光纤电信产品的研究，开发，制造和销售，包括PDH光纤多路复用器，E + E光纤多路复用器，1 + 1双光纤接口备用光纤多路复用器，语音光纤。光纤多路复用器，日期视频光纤多路复用器，光纤调制解调器，协议转换器，光纤收发器，时隙多路复用器，PAS中继器等，以及传输网络和融合通信产品。此外，它还提供企业融合终端产品，包括千兆位无源光网络，企业云网关设备，工业物联网访问设备以及企业智能无线访问设备。该公司提供Ebit品牌的比特币采矿机。它服务于区块链和电信行业。该公司直接以及通过其网站出售其区块链产品；以及以EBANG品牌命名的电信产品，主要是通过供应商合同来实现的。 Ebang还计划在2021年4月开始营运加密货币交易所。Ebang International Holdings Inc.成立于2018年，总部位于中国杭州。

Bitcoin Breaks 60000 ，Next Target 72000比特币突破60000，下一目标72000

Bitcoin price surges pass $60,000 on Saturday morning as it increases over $3643 from Friday's 1 PM Pacific Time price of $56967 to Saturday's $60610 at 11:42 AM. Technically, using the Measured Move calculation, Bitcoin's short term target is $72225. With the rate it is going, $100,000 price looks likely within reach in a month or two. Followings are factors that drives Bitcoin price up from Investopedia:

1.Inflation and the lowering purchasing power amidst massive stimulus spending is driving people to store-of-value assets, including Bitcoin. 

2. Bitcoin's mining reward halving mechanism further proves its scarcity and merit as a store-of-value asset. 

3.Institutional adoption as both an investment and as a service they can provide shows strong confidence in the future of Bitcoin and cryptocurrency. 

4.The infrastructure built around cryptocurrency and Bitcoin has shown immense maturity over recent years making it easier and far safer to invest than ever before.

Latest Bitcoin news:

Bitcoin (BTC) Price Reaches $60k; Bitcoin analyst Max Keiser Predicts Next Target $77,000 and 220000 in 2021---Coingape 03/13/2021

John Waldron, the chief operating officer (COO) of Goldman Sachs, says the financial services giant is seeing rising customer demand to own and invest in bitcoin. Nevertheless, the COO explained that his organization was still exploring ways of satisfying this demand without running afoul of regulators.---bitcoin.com 03/12/2021

Microstrategy has purchased an additional ~262 bitcoins for ~$15.0 million in cash at an average price of ~$57,146 per bitcoin,” Saylor wrote on Twitter. As of 3/12/2021, we hodl ~91,326 bitcoins acquired for ~$2.211 billion at an average price of ~$24,214 per bitcoin. ---bitcoin.com 03/12/2021

比特币价格在周六上午飙升超过60,000美元，从上周五美国西部时间下午1点价$56967 到周六上午11:42，比特币价格上涨了3643美元。从技术上讲，使用移动量计算，比特币的短期目标是72225美元。以现在的走势看来，一两个月间达到$100,000是不难的目标。以下是Investopedia总结促使比特币价格上涨的因素：

1。在大规模刺激性支出导致的通货膨胀和购买力下降正在驱使人们购买包括比特币在内的价值存储资产。

2。比特币的采矿奖励减半机制进一步证明了其作为价值存储资产的稀缺性和优点。

3。越来越多机构已开始采用的既可以作为投资又可以作为服务的服务，显示出对比特币和加密货币未来的强烈信心。

4。近年来，围绕加密货币和比特币构建的基础设施已经显示出巨大的成熟度，比以往任何时候都更容易，更安全地进行投资。

最新比特币新闻：

比特币（BTC）价格达到6万美元；比特币分析师Max Keizer预测下一个目标为$ 77,000和 2021 目标价为$220000 。 --- Coingape 03/13/2021

高盛（Goldman Sachs）首席运营官约翰·沃尔德隆（John Waldron）表示，这家金融服务巨头正看到越来越多的客户要求拥有和投资比特币。尽管如此，首席运营官解释说，他的组织仍在探索在不违反监管机构的情况下满足这一需求的方法。---bitcoin.com 03/12/2021

Microstrategy以大约1500万美元的现金购买了大约262个比特币，平均价格为每个比特币57,146美元，”CEO Saylor在推特上写道，截至2021年3月12日，我们以约22.11亿美元的平均价格收购了约91,326个比特币，平均价格约为每个比特币24,214美元。 ---bitcoin.com 2021年12月12日

Market Bounce Likely But Can It Last? 市场反弹的可能性大但能维持多久？

High PE stocks have been getting killed during the past 3 weeks. The reasons for this are worries over rising treasury yields and inflation, investors are getting out of growth and into value stocks and most importantly, high PE need to normalized. Normal PE ranges from 15 to 18 in history. 

The tech heavy Nasdaq Composite were down 12.5% from all time high to last Friday's low. In the last 1 month hot EV stocks TSLA, NIO, BLNK, SOLO are down 30%, 34%, 42% and 38% respectively. The high flying clean energy stocks SUNW, SPWR, JKS and Plug are down 47%, 31% , 35% and 42% respectively. Meanwhile, the popular work at home stocks TDOC, PTON, CHWY and CRWD are down 30%, 29%, 20% and 16% respectively.  Stocks that go up big are likely to come down big. The above listed stocks are still over hyped and many of them are still up over 200% in the last 12 months and they have either no PE or very high PE. They are still not come down enough. Time is going to be different for these stocks now versus last year, instead of buy on dips last year, it should be sell on rallies this year. 

Last Friday, major indexes all reversed from big down to big up, forming bullish tail reversals , these kind of guarantee a follow through for the next day or two technically. But the trend may not last very long. The Nasdaq Composite is solidly below its critical 50 day moving average 13341, the rally may fail when it get close to this resistance. Meanwhile both the Dow and S&P 500 may be capped by their all time high levels at 32009 and 3950 respectively, there a're not much room to run. The passing of the $1.9 Trillion stimulus package in congress is seemingly positive,  however the negative it bring above is treasury yields are going to be driven even higher. So, be careful out there, sell on rallies may be a good strategy for the stock market. 

在过去的3周，高PE股票遭到大屠杀。原因是对国债收益率和通胀上涨的担忧，投资者从增长股逃离而进入价值股，最重要的是，高PE需要正常化化。历史上的PE范围为15至18。

从历史高位到上周五地位，科技股偏重的纳斯达克综合指数下跌了12.5％。在过去的1个月热门的电动车相关股票TSLA，NIO，BLNK，SOLO分别下跌了30％，34％，42％和38％。高飞的清洁能源股SUNW，SPWR，JKS和PLUG分别下跌了47％，31％，35％和42％。与此同时，流行的居家工作股票TDOC，PTON，CHWY和CRWD分别下降30％，29％，20％和16％。上升得多的股票必然会下跌得多。上面列出被过份炒作的股票估值仍然超高，其中许多股票在过去12个月仍然上升超过200％，并且它们都没有PE或非常高的PE。他们仍然没有跌够。今时不同往日，对待这些股票的策略不是去年的逢低买入而今年应该是逢高卖出。

上周五，主要指数都从大跌逆转到大幅攀升，形成看涨的长尾反转，技术上或保证了有一两天的反弹。但这种趋势可能不会持续很长时间。纳斯达克综合指数稳稳地低于其关键50天移动平均线水平13341，在升至接近这个阻力时，反弹可能会被阻。同时，道指和S＆P 500都可能会分别在32009和3950历史高水平被阻挡而没有多少上升空间。国会的12万亿刺激计划的通过看似是正面的，但负面的影响则是国债收益率将被推得更高。所以要小心，逢高卖出可能是股票市场的正确策略。

Bitcoin Is Surging Again 比特币又开始攀升

After an almost $15000 downside correction in February 2021, Bitcoin rallied back $8000 during the last two weeks and is above critical resistance $50000. It rallied nearly $2000 since its Friday 4PM (Eastern)  close of  $49057. Bitcoin's uptrend is very much intact. With the passing of the $1.9 Trillion stimulus plan adding more fuel, Bitcoin will likely work its way towards its all time high at $58000 in the near term. Bitcoin's support is now $50000, resistances are $51400, $52600 then $58000. Ways to participate in Bitcoin's uptrend besides buying Bitcoin directly are: Bitcoin Trust GBTC, Bitcoin miners RIOT, MARA, BTBT, Bitcoin mining equipment manufacturer CAN, Bitcoin trading platforms SQ, PYPL, MOGO, Bitcoin investors MSTR and digital currency finance SI. 

Latest news on crypto currencies:

The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC. 

When a stimulus bill gets passed, it immediately relaxes the financial conditions in the U.S. The past year has shown that the effect of such measures raises investors' appetite for risk-on assets, including stocks and cryptocurrencies.In April 2020, when the first stimulus bill was passed, it coincided with a massive bull run in both the U.S. equities market and the cryptocurrency market.---cointelegraph March 7, 2021

Hong Kong-listed Meitu Inc. , which makes image and video processing software,it had purchased $22 million in ether (ETH) and $17.9 million of Bitcoin (BTC, +6.34%), making it the first time a firm has disclosed a major purchase of ETH for its treasury. Meitu said it bought 15,000 ETH and 379.1 BTC in open market transactions on March 5.While the company said that while buying crypto helps diversify its holdings away from cash, "More importantly, the Board considers this a demonstration to investors and stakeholders that the Group has the vision and determination to embrace technological evolution, and hence preparing its foray into the blockchain industry." ---Coindesk March 7, 2021

JPMorgan has sent a report to its private banking clients to educate them on the risks and opportunities of investing in crypto. The report, which was produced in February 2021 and obtained by CoinDesk Friday, has been distributed to clients of JPMorgan Private Bank, which requires a minimum balance of $10 million to open an account. ---Coindesk March 6, 2021

Global investment bank Goldman Sachs is seeing huge institutional demand for bitcoin with no signs of abating. A survey of Goldman’s institutional clients shows that 61% expect to increase their cryptocurrency holdings. Meanwhile, 76% say the price of bitcoin could reach $100,000 this year.---Bitcoin.com March 6, 2021

Suze Orman said she loves bitcoin in an interview with Yahoo Finance published Friday where she shared her bitcoin investing strategy and advised listeners how they should start investing in the cryptocurrency. She founded the Suze Orman Financial Group in 1987 and her Suze Orman Show ran on CNBC from 2002 to 2015. She has written 10 consecutive New York Times bestsellers about personal finance and was named twice on Time Magazine’s list of the 100 most influential people. In addition, she won two Emmy Awards and eight Gracie Awards. In 2016, she was appointed as a personal finance educator for the United States Army and Army Reserve. ---Bitcoin.com March 7, 2021

经过2021年2月的近15000美元的下行修正后，比特币在过去两周上涨了8000美元，高于关键阻力$ 50000水平。自周五下午4点（东部）价位49057美元以来，它涨了近2000美元。比特币的上升趋势依然保持完整。随着国会1.9万亿美元的刺激计划的通过，推动比特币上升的燃料增加，比特币可能在近期会再走向58000美元的历史高位价格。比特币的支撑现在是50000美元，阻力为$51400, 52600美元，然后$ 58000。参加比特币上升的渠道除了在加密货币交易所直接购买比特币外，也可在股票交易所购买：比特币信托基金GBTC，比特币采矿公司RIOT，MARA，BTBT，比特币采矿设备制造商CAN，比特币交易平台SQ，PYPL，比特币投资公司MSTR和数字货币金融服务SI及MOGO。

关于加密货币的最新消息：

3月7日，比特币（BTC）的价格在美国参议院通过了预期的1.9万亿刺激账单后达到了51,000美元。这救助计划约为BTC的市值约两倍。当刺激法案通过后，它会立即放松了美国过去一年的财务状况。这些措施的效果提高了投资者对风险资产的兴趣，包括股票和加密货币。在2020年4月第一次刺激救助通过后，它恰逢美国股市和加密货币市场的大牛市.---- Cointelegraph 3月7日，2021年3月7日

香港上市的Meitu Inc.为制造图像和视频处理软件公司，它已购买2200万美元以太（ETH）和1790万美元的比特币（BTC）。这是它首次披露了其财政储备购买ETH。 Meitu表示，3月5日在公开市场交易中购买了15,000个ETH及379.1 个BTC。董事会会认为该集团的投资者和利益攸关方认为此举显示了拥抱技术演变的愿景和决心，从而准备其进入到区块链产业。“ --- Coindesk 3月7日，2021年3月7日

JPMORGAN已向其私人银行客户发送报告，以教育他们投资加密的风险和机会。该报告于2021年2月制作并由COINDESK星期五获得，已分配给JPMORGAN私人银行的客户，该银行的客户需要最低1000万美元来开户。 --- Coindesk 2021年3月6日

全球投资银行高盛看到比特币的巨大机构需求并且没有停止的迹象。对高盛的机构客户的调查表明，61％期望增加其加密货币持有。同时，76％的人表示比特币的价格今年可以达到10万美元.-----bitcoin.com 2021年3月6日

苏泽奥尔曼（Suze Orman) 说，她在周五出版的雅虎访问中表示喜欢比特币，她分享她的比特币投资策略，并建议听众如何开始投资加密货币。她于1987年创立了苏泽奥曼金融集团，她的苏泽奥曼节目曾在 2002年至2015年在CNBC播放。她有三次被列入纽约时报关于个人金融畅销书之一，并曾列入在时代杂志的100名最有影响力的人名单中两次。此外，她赢得了两个艾美奖奖和八个Gracie奖。 2016年，她被任命为美国陆军和陆军储备的个人融资教育者。---Bitcoin.com March 7, 2021

It Is Time For UVXY To Shine 是UVXY发光的时候了

Today, the Dow,  S&P 500, Nasdaq Composite and the Russell 2000 closed down 1.75%, 2.45%, 3.52% and 3.70% respectively. The market sell off is triggered by 10 year treasury note yield surges above 1.5% and investors are selling growth stocks aggressively. After hitting 15.7 in January.  UVXY dropped to historical low of 8.24 yesterday in nearly a month of continuous selling.  The recent extreme bullish sentiment on the stock market is destine to bring in big market sell off. Sure, enough, the stock market tumble big and the fear gauge VIX ETF UVXY surged over 23.55% to 10.23 today.  UVXY's move today is the biggest move since late January while volume is the highest in its trading history.  This should definitely bring in more upside momentum. UVXY may have a few more day of upside surge. Its next target is January high at 15.37. It is time for UVXY to shine! However, UVXY is only for short term trading ( a few day to 2 to 3 weeks), when the fear is still there, never hold for long term!

今天，道指，标准普尔500指数，纳斯达克综合指数和罗素2000指数分别下跌了1.75％，2.45％，3.52％和3.70％。 市场的抛售是由10年期美国国债收益率飙升至1.5％以上所触发的。投资者在积极抛售成长型股票因为这种股票最怕是通胀及利率双双走高。恐慌指标VIX 的ETF UVXY在一月份曾经升至15.37， 在连续近一个月的被抛售后，UVXY昨日跌至8.24的历史低点。 近来投资人对股市的极端乐观情绪注定会导致大盘抛售的。 的确，股市今天暴跌，UVXY飙升23.55％至10.23。 UVXY今天的升幅是自1月下旬以来最大的，而交易量则是有史以来的最高单日记录。 这肯定会带来更多的上涨动力。 UVXY可能还有几天的上涨空间。 它的下一个上涨目标是一月高点15.37。UVXY是时候发光了！ 但是，UVXY仅用于短期交易（几天到两三周），当恐惧仍然存在时，千万不要长期持有！

Market Selling Starts, How Far Will It Drop To? 市场抛售开始，会跌到那里？

Tumbling Treasury prices  drive 10 year yield above the psychological 1.5% level (which happens to be the yield for S&P500) triggers big sell offs in techs and all the major stock market indexes today. Other negative triggers include: Great earnings report from NVDA yesterday triggered a sell on news event as NVDA is now down over 7%. And the popular buy on dips stock TSLA is now down over 6%. The tech heavy Nasdaq Composite has dropped below its 50 day moving average support for the second time. It also formed a very bearish Head and Shoulder Top pattern. They both are sell signals. The Nasdaq is now down 6.9% from all time high. What level will the Nasdaq go down to? For a 10% drop from top, it will be 12757 and for a 15% drop, it will be the 12049 level.

不断下跌的美国国债价格使10年期国债收益率今天升至1.5％的心理水平之上（碰巧是标准普尔500指数的股息率）引发了今日科技股和所有主要股市指数的大幅抛售。 其他不利因素包括：NVDA昨天的出色财报告却触发了好消息后的抛售，NVDA现在下跌7％以上。 最受欢迎的逢低买入股票TSLA现在下跌了6％以上。 高科技股纳斯达克综合指数第二次跌破它的50天移动均线支撑位13286。 它还形成了非常看跌的头肩顶图形。 这些都是市场的卖出信号。 纳斯达克将跌至什么水平？ 如果从顶部下跌10％，它将是12757水平，至于下降15％，它将是12049水平。现在 纳斯达克指数从历史高点下跌了6.9％。

Why ARKK Is A Sell 为甚么要卖出ARKK

ARKK is an extreme popular ETF runs by Cathie Wood. ARKK is up 326% since March 2020 and up 152% in the last 12 months. In the same periods, the bench mark S&P 500 index is up only 79% and 20% respectively. Investors follow results, its a no brainer why ARKK is so popular. The following is a description of the ETF.

ARK Innovation ETF (ARKK 138.32)

The investment seeks long-term growth of capital. The fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. It may invest in foreign securities (including investments in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")) and securities listed on local foreign exchanges. The fund is non-diversified.

The fund's holding include: TSLA, ROKU, SQ, TDOC, NVTA, Z, SPOT, PRLB, PSTG, EDIT, BIDU, NTLA,EXAS, TWLO, IOVA, TWST, DOCU, MTLS,PYPL, TREE, TWOU, PD, ICE, ZM, VCYT, PACB, IRDM, MCRB, SE, SPLK, SNPS, PINS, NSTG, TXG, HUYA, CERS, SYRS, NVS, REGN, FATE, ONVO.

I have gone through all the above stocks ARKW is holding and here are what I found that are alarming and are reasons to sell. 

1. ARKK has broken below its 50 day moving average and is in a down trend.

2. Out of the 41 stocks, there are 23 stocks that are trading below their 50 day moving average. This means these 23 stocks are in down trends.

3. 19 stocks don't have Forward PE, meaning they are not making money yet. For those stocks with PE, the average PE is 752! Take away the most outrage PE of 9782, the average PE is still 351! The Forward PE for S&P 500 is only around 40 and is already considered very high.

4. There are 24 stocks that gain 100% in the last 12 months. 11 of these stocks gain over 200%, 6 gain over 300%, 3 gain over 400%, 1 gain over 800%. The 12 month gain for S&P 500 is only 20%. 

5. Since Cathie Wood is so popular around individual investors, what ever she buy these investors will follow. These indiscriminate purchases sure help to artificially push up stocks and added emotional premium to a certain degree. 

6. ARKK's top holding is TSLA and it has been targeted to sell along with other big cap tech stocks. TSLA trend is down since it has solidly broken below its 50 day moving average. 

7. The holdings in ARKK are high growth stocks. During time of inflation and increasing interest rate, growth stock are likely to be sold in favor of valued and low PE stocks. 

8. ARKK was established at the right time when investors are chasing momentum regardless of fundamentals. As old saying says: Timing makes heroes. That time is over and 2021 will likely be the year these high flyers will get kill as PE gets normalized. 

9. Following are 41 charts for your references:

ARKK是凯蒂·伍德（Cathie Wood）经营的一种极受欢迎的ETF。自2020年3月以来，ARKK上涨了326％，而过去12个月上涨了152％。同期，标普500指数仅分别上涨79％和20％。投资者关注结果，这样的好回报就是为什么ARKK如此受欢迎的原因。以下是ARKK的说明。

ARK创新ETF（ARKK 138.32）

该投资寻求资本的长期增长。该基金是一种积极管理的交易所买卖基金（“ ETF”），在正常情况下将主要（至少占其资产的65％）投资于与该基金的创新性投资主题相关的公司的国内外股票证券。它对外国股票证券的投资将同时在发达和新兴市场。它可能投资于外国证券（包括对美国存托凭证（“ ADR”）和全球存托凭证（“ GDR”）的投资）以及在当地外汇交易所上市的证券。该基金是非多元化的。

基金持有的股票包括：TSLA，ROKU，SQ，TDOC，NVTA，Z，SPOT，PRLB，PSTG，EDIT，BIDU，NTLA，EXAS，TWLO，IOVA，TWST，DOCU，MTLS，PYPL，TREE，TWOU，PD，ICE ，ZM，VCYT，PACB，IRDM，MCRB，SE，SPLK，SNPS，PINS，NSTG，TXG，HUYA，CERS，SYRS，NVS，REGN，FATE，ONVO。

我查阅了ARKK持有的上述所有股票，下面就是我发现的令人震惊的情况，也是该卖出ARKK的原因。

1. ARKK已跌破其50天移动平均线，并处于下跌趋势中。

2.在41只股票中，有23只股票的交易价格已低于它们的50天移动平均线。这意味着这23只股票已在下跌趋势。

3. 19只股票没有前瞻市盈率，这意味着它们还没有赚钱。对于拥有PE的股票来说，平均PE是752！拿走9782最高的PE，平均PE仍然是351！标普500的前瞻PE仅为40左右，已经被认为很高了。

4.有24只股票在过去12个月上涨了100％。其中11只股票的涨幅超过200％，6只股票的涨幅超过300％，3只股票的涨幅超过400％，1只股票的涨幅超过800％。标普500指数12个月涨幅仅为20％。

5.由于凯茜·伍德（Cathie Wood）在个人投资者中非常受欢迎，因此这些投资者也跟进她买入的股票。这些不加选择的购买肯定有助于推动股票上升而加进了一定程度的情绪溢价。

6. ARKK的最大持股是TSLA，它最近与其他大型科技股一样是被抛售的目标。 TSLA趋势已稳固地跌破50天移动平均线，因此下跌趋势已成。这必然会拖累ARKK。

7. ARKK持有的股票都是高增长股票。在通货膨胀和利率上升期间，增长型股票可能会被抛售，而偏向买入价值合理和低PE股票。

8. ARKK因成立合时而成功。那时是无论基本面如何，投资者都因动力而追赶势头的时候。俗话说：时势造英雄。这段时间已经过去，随着PE的正常化，这些升得多的股票可能会在2021年大跌。

9. 下面是所有41只股票的图表以供参考：