How a crypto bro turned $69 million into $10k
|S2N spotlight
I am not sure about you, but I almost never ever hear about NFTs; it was not a long time ago when “smart contracts” and one of their derivatives, NFTs, were all the rage. Four years ago someone paid $69 million for this NFT called Everydays: the First 5000 Days.
It is apparently currently valued at $10,000.
S2N observations
I believe healthcare is a truly undervalued sector in the US equity markets. I would be looking to overweight healthcare versus the S&P 500.
S2N screener alert
Platinum and silver had massive down days. Platinum produced its 8th -7 Z-score, and Silver its 61st -5 Z-score. If you believe in the myth that financial time series are normally distributed, those events should happen every 3 billion and 6,800 years, respectively.
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