Macro, Micro, Crypto: why Carl holds Cardano ( $0.25 )

It’s Friday and ThinkMarkets’ Carl Capolingua has an intriguing macro, micro and crypto mix. Kicking off with the VIX – at the lows despite the Fed being poised to taper as talk of an impending correction in stocks grows louder. The iron ore chart looks especially grim – no China news needed. As we approach the half-way point of earnings season, Carl takes a look at Nick Scali and Telstra and likes what he sees. It also wouldn’t be Friday without a crypto chart, and this week it’s Cardano ( $0.25 ) – which Carl holds – which has a tailwind with anticipation of the launch of its Alonzo update.

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