Author: @theidentityengineer

In this article, we will be reviewing the forecasts we made in the month of March 2022. We began the month with a forecast on Etsy, and then in the following week, we made a forecast on EURUSD, Netflix, and ExxonMobil. These targets missed, largely due to the bearish downturn of markets globally.

We later made forecasts on currencies. On March 15, we forecasted that GBPUSD will rise to 1.34298. The following week, we made forecasts on EURUSD and NZDUSD. We forecasted that EURUSD and NZDUSD would dip to 1.08236 and 0.67374 respectively. These forecasts hit their targets while GBPUSD didn’t hit.

We forecasted that Apple and AirBnB share price would rally. These forecasts didn’t hit the target. Tomorrow, we’ll look at the forecasts we made in April 2022.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stocks in your portfolio? Schedule a meeting with us here

In this article, we will be reviewing our forecasts for the month of February 2022. Here we go.

On the 1st of February, we forecasted that stock market index SPX would rise to $4805.68. This forecast was a Miss as the index has been bearish. This bearish wave also made a strong impact on Meta and Lyft which we forecasted would both rally to $381 and $55 respectively. The two forecasts missed as well.

On the 14th of February, we forecasted that USDCAD would fall to 1.24754. This was a Hit! In that same week, we forecasted that cloud computing services provider, Fastly, would rally. Fastly share price eventually didn’t rally.

The following week on the 23rd of February, we forecasted that Gold would rally to $1912. On the 27th, we also forecasted that plant-based meat provider, Beyond Meat would rally to $154. Gold was a Hit but Beyond Meat didn’t hit the target.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stocks in your portfolio? Schedule a meeting with us here

On January 3, we forecasted that the share price of The Chinese Evergrande might rise to $20. This call was a Miss.

On January 5, we forecasted that Apple share price might drop to $149.07. This call was a Hit. On the same day, we forecasted that S&P 500 would continue its rally. This call was a Miss.

On January 7, we forecasted that WTI Oil to drop to $67.50. This call is in Progress. On January 13, we forecasted that Microsoft share price will rally to $341.48. This call was a Miss. On this same day, we forecasted that Coca-Cola’s share price will drop to $53.90. Price dipped to $54 which means it was a Close Call.

On January 17, we forecasted that Virgin Galactic’s share price would rally to $43.49. This call was a Miss. On January 20, we forecasted that Western Union’s share price would drop to $16.16. This call was a Hit.

Cryptocurrency exchange firm FTX is in a huge financial crisis. Reports say that at least $1 billion of customer funds have “vanished” leaving huge speculations about what really is going on with the Bahamas-based crypto firm owned by 30-year old Samuel Bankman-Fried.

Reports are saying that Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried’s trading company, Alameda Research. According to some sources, between $1billion and $2billion of this $10B fund could not be accounted for on Alameda’s spreadsheet and they don’t know what became of it.

On Friday, 11th of November 2022, FTX filed for bankruptcy after a rush of customer withdrawals earlier that week. A rescue deal with rival exchange, Binance, fell through, precipitating crypto’s highest-profile collapse in recent years.

Customer withdrawals had surged last Sunday after Changpeng Zhao, CEO of giant crypto exchange Binance, said Binance would sell its entire stake in FTX’s digital token, worth at least $580 million, “due to recent revelations.” Four days before, news outlet CoinDesk reported that much of Alameda’s $14.6 billion in assets were held in the token.

This is a big hit to the global perception of the cryptocurrency market. This event proves that the crypto market is in dire need of regulation so as to avoid similar occurrences in the future. Regulating the crypto space will ensure that there is no trust deficit and investors can be rest assured that their funds are always secure.

In this episode of UNCHARTED Podcast, we discuss the Forex Market, Oil Market, and Cryptocurrency Market while touching on the news of a Global Recession and whether we are in one or not. This episode features our analysts who called the Crypto crash while the cryptocurrency market was still going up in late 2021.

On the Forex front, we take a dive into the economic crisis in the UK and its impact on the British Pound Sterling. We go on to talk about the possible reasons why the Sterling is falling against other major currencies. We also look at Oil, the global recession, and the continued dominance of the US Dollar in the Forex market. Lastly, we speak on Crypto particularly Bitcoin and Ethereum and where the price might be headed next.

Watch full podcast here:

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock indices in your portfolio? Schedule a meeting with us here

In this episode of UNCHARTED Podcast, we discuss Cryptocurrencies, Commodities, Stocks, and the prevalence of the US Dollar on the Currencies Market.

On the Cryptocurrency front, we discuss Bitcoin, Ethereum and Solana, and what investors in this asset class could expect in the coming weeks and months. On Commodities, we discuss Gold, Brent Oil and WTI Oil. We also made some forecasts on both Oil and Gold. We then looked at S&P 500, Disney, and Coinbase on the Stocks front.

Watch and Enjoy.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock indices in your portfolio? Schedule a meeting with us here

The Dow opened in 2022 at $36,313 and the year kicked off into a rally. For the first two trading days, the Dow continued to rally and on the third day it shot all the way up to $36,943, which now stands as its all-time high. Since the all-time high, price has dipped and every month in this year except for March and May have closed bearish.

A little backstory on the Dow. During the lockdown, specifically in March 2020, Dow Jones hit $18,300, a dramatic fall from the then all-time high at $29,550. Following the ease of lockdown, the Dow bulls got back in action and the price began a rally from April 2020 up to January 2022 – a 21-month bull run.

Last month, i.e. June 2022, price went as low as $29,642 and the month eventually closed at $30,767. The last time price was at $29,642 was in December 2020. In the next few weeks, we might be seeing price rally to $31,000 from its current price at $30,772.

Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get stock indices in your portfolio? Schedule a meeting with us here