Technical analysis, trading strategies, and market commentary by David Bird
Technical utility altcoins outperform Bitcoin in current market, David Bird notes
David Bird observes a shift in investor sentiment, describing Bitcoin as weak relative to equities, gold, and bonds. He further notes that certain utility-focused altcoins are outperforming, ...
David Bird: BTC downtrend continuation played out
David Bird commented on the recent trend in BTC, stating that the downtrend continuation has played out. The tweet highlights before and after scenarios related to BTC price ...
Pilbara Minerals climbs from $1.26 to above $6, David Bird notes
David Bird shared his experience buying Pilbara Minerals at $1.26 this time last year, noting the price has now surged above $6. He remarked on the market's lack of interest in lithium at his ...
David Bird: First home buyers using 5% deposit scheme now likely in negative equity
David Bird asserts that many first home buyers who entered the market through the 5% deposit scheme are now likely facing negative equity. He notes that while the government promotes such ...
Predicting Bitcoin's decline below 60k prompted reactions from Strategy CEO, David Bird notes
David Bird reflects on predicting the peak of Bitcoin back in October last year. He notes that his forecast of Bitcoin falling below 60,000, made in front of the CEO of Strategy, was not a ...
David Bird: Origin game compared to crypto Trump bull run
David Bird compared the recent Origin game to the crypto market surge observed during the period associated with U.S. President Donald Trump, highlighting how initial confidence can quickly turn ...
Turning a winning trade into a loss is common, David Bird notes
David Bird reflects on trading experiences, highlighting how traders often misinterpret minor retracements in stocks as significant market bottoms. He admits to having made this mistake multiple ...
David Bird: Asset surge driven by multiple factors including capital gains incentives
David Bird highlights that there was no single reason for the recent surge in asset prices. He attributes the movement to a combination of factors occurring simultaneously, such as capital gains ...
Student faces $150,000 borrowing reduction over policy changes, David Bird notes
David Bird reports that one of his students was informed by their bank during a call last night that their borrowing capacity had already been reduced by $150,000. He emphasizes that this ...
David Bird: NAAIM Exposure Index tracks manager confidence in market
David Bird explains that the NAAIM Exposure Index serves as a weekly survey revealing how invested professional money managers are in the stock market. The index ranges from 100, indicating full ...
Mastering the Markets named key partner for NZCryptoCon and AusCryptoCon, David Bird confirms
David Bird announces that Mastering the Markets will serve as the key education partner for the upcoming NZCryptoCon and AusCryptoCon events in Sydney later this year. This collaboration marks a ...
David Bird: Australia announces major tax changes on capital gains and trusts
David Bird shares his reaction to significant tax reforms announced in Australia, including changes to capital gains tax, negative gearing, and trusts. He comments that the removal of the 50% ...
Large global capital pool breaks consolidation, David Bird notes
David Bird, industry influencer, highlights that one of the largest pools of global capital has emerged from more than 20 years of consolidation. He observes that while most investors focus on ...
David Bird: Iron ore breakout shines spotlight on ASX majors and speculative plays
David Bird, industry influencer, identifies a potential shift in focus toward major iron ore stocks following a breakout in the commodity. He highlights Fortescue Metals, BHP, and Rio Tinto as ...
Iron ore rallies after breaking out on strong volume, David Bird notes
David Bird, industry influencer, notes that iron ore prices have sharply broken out on the weekly chart, accompanied by significant trading volume. This move comes as most macro and fundamental ...
David Bird: AU 10-year yield target remains 6.6% after initial 2021 rate hike call
David Bird, industry influencer, recalls calling the first aggressive rate hike back in 2021 with a longer-term view of the Australian 10-year yield moving toward 6.6%. He points out that the ...
Market impact of 50% CGT discount changes debated, David Bird analyzes
David Bird, industry influencer, examines potential changes to the capital gains tax (CGT) structure. According to Bird, policymakers are weighing whether to grandfather the existing 50% CGT ...
David Bird: May and June are historically weaker months for XJO
David Bird, industry influencer, highlights that May and June are typically considered weaker months for the XJO, emphasizing a seasonal trend that investors should be aware of. He also notes ...
Oil trends develop over years rather than in quick moves, Kathy Jones notes
Kathy Jones, industry influencer, shared her perspective on oil market dynamics, emphasizing that significant trends in commodities like oil often develop over extended periods rather than short ...
David Bird: URA climbs over 7 percent in latest session
URA surged more than 7 percent during the latest trading session, according to David Bird. Bird shared that at all live events he runs, there is a practical component where participants analyze ...
Passive investing can succeed outside typical U.S. strategies, David Bird notes
David Bird discussed the concept of passive investing, emphasizing that it can be done effectively even when traditional U.S. markets are not favored. He referenced an example of someone who has ...
