The TradingView Digest - March 12th

Hey everyone! Welcome back to the TradingView Weekly Digest. In today’s edition, we’re highlighting the top posts from our community, which includes a video tutorial on our newly revamped screener tool, an informative post about portfolio diversification, a hot script on tick data, and all the latest headlines, earnings, and economic events.

💡 Diversification: What It Is, Why It Matters & How to Do It - by TradingView
Portfolio diversification is the strategy of spreading your money across diverse investments in order to mitigate risk, hedge and balance your exposure in pursuit of uncorrelated returns. While it may sound complex at first, portfolio diversification could be your greatest strength when you set out to trade and invest in the financial markets.

💡🎥 TradingView Screener 2.0 - by zAngus
The TradingView Screener was what initially led me to use TradingView. It allows me to quickly and easily filter thousands of stocks down to just a handful that meet my criteria. No matter your preferred trading style - whether it's based on technicals, fundamentals, indicators, price action, RSI, MACD, volume, etc. - the TradingView Screener can quickly help you narrow down any stocks that meet your criteria.


📰 Top Stories

• U.S. Feb Nonfarm Payrolls +275K; Unemployment Rate 3.9%
  
• SMCI: Super Micro Stock Jumps 3% on Upgrade. Here’s Why Shares are Up 10X in One Year.
  
• XAU/USD: Gold Shines Bright to Record High of $2,160 as Central Banks Stack Up
  
• BTC/USD: Bitcoin Cools Off After Knocking Out Fresh All-Time High Above $69,000, Smashing 2021 Record
  
• CPI, Rates and Other Key Things to Watch This Week
  

💵 Earnings highlights from the previous week:

• America's Car-Mart (CRMT) Reports Q3 Loss, Misses Revenue Estimates
  
• Silvercrest Asset Management Group Inc. Reports Q4 and Year-End 2023 Results
  
• Amplify Energy (AMPY) Q4 Earnings and Revenues Surpass Estimates
  
• Algonquin Powers Up In Q4 But Skips Guidance On Uncertainty Over Renewables Sale
  
• Paysafe Shares Slip 14% on Surprise 4Q Loss
  

💡A Simplified Model for Bubbles - by holeyprofit
Understanding the phases of a bubble and crash is not as grandiose a claim as it's made out to be. My idea that bubbles and pops can be understood is based on my opinion that various TA methods do a good job of explaining trend development. When major bubbles and pops are viewed in hindsight, they exhibit obvious fingerprints of bull/bear trend development.

💡 Bitcoin is Still Behaving like a Risk Asset - by Tradersweekly
After reaching a new all-time high last week, Bitcoin underwent a mini flash crash, erasing more than 14% within a few hours but soon recovered. The number of Bitcoin addresses with balances exceeding 1,000 BTC slightly increased, while those with balances exceeding 100 BTC dropped slightly.

🌟 Script of the Week
📜 Order Chain - by Kioseff Trading
This indicator utilizes live tick data to visualize volume dynamics in real-time.

💭 Our Weekly Thought:

“The trend is your friend.”

We hope you found this helpful. Please share your feedback, comments, or suggestions with us in the comments below.

TradingView Team

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