Firing On A Daily Basis

I’ve decided to make a change to Buy The Bull Market (and not a decision I’ve taken lightly).

From next month, I’ll be making Buy The Bull Market a Premium subscription only.

Until now I’ve always offered some reduced access to this subscription for free because I believe in making whatever I do available.

That said, I get a lot of emails asking me questions about the market/stocks/individual issues, and whilst I do respond to every email I get (eventually!) the emails are starting to pile up.

Therefore, from next month only Premium users will be able to view this newsletter.

And if you want to try Buy The Bull Market with a 30-day free trial with all access to this issue and previous issues, you can do so here:

Just remember to cancel if you think it’s not worth it/it sucks/you don’t like me/any other reason. I’ll also be increasing the price for new members in April (all existing subscribers by then will stay on the same rate).

However, 99% of my content will remain free. My YouTube channel, my articles on my website, my books, my weekly newsletters, my Facebook group, as well as my ShareScope articles will still be free to view.

And you’re still welcome to email me! But please be aware it might take some time in responding to you.

Now that’s out of the way, onto the good stuff..

We talked last month the Houthi rebels.

The good news is that global shipping (so far) hasn’t been too disrupted.

The bad news is that I was right about it making sense for the Houthis to keep attacking the Royal Navy.

HMS Diamond was withdrawn from the Red Sea. Depending on who you believe, this was either due to it being targeted three separate times or because it’s on a maintenance period and for it to resupply.

Either way, “ships in the force are firing on a daily basis”, which means expensive ammunition is being drained attacking much cheaper targets.

HMS Richmond will now take over, and presumably see its ammunition depleted too.

How long will this go on for? It remains to be seen. But warfare is not always about victory; attrition can work just fine.

We also looked at the Bitcoin ETF being huge news.

Here’s the chart.

Source: SharePad

So far, the market is responding well to it. And I expect that trend to continue.

The stock that gets everybody hyped up is Argo Blockchain (ARB).

I wrote about this in a previous edition how the company badly needed to raise.

It announced a placing within a week of me publishing.

I also said it wasn’t enough, and sure enough the company has raised again at 20p.

But it’s still not enough. The company badly needs a huge Bitcoin rally - at least a doubling in price from $40k - as the Halving happens in two months.

It also needs to get its hash rate up.

But punters will ignore this and do the “if Bitcoin rises then Argo Blockchain will go up too” trade.

It’s risky - as we saw the price rise to 36p only to do a placing at 20p.

The company would be crazy not to take any money it’s offered - and any hype I expect the company’s phone to be ringing constantly.

However, there is a more obscure way to play the Bitcoin hype (and avoid the huge risks posed by Argo Blockchain).

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