October Brings Opportunities for Bitcoin and Stock Portfolio Changes
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Seasonal rotations into bitcoin ETFs like GBTC and stocks like SMCI make October a great time for portfolio changes.
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Hirsch sees an October Q4 rally for bitcoin, and likes GBTC's strong correlation to the cryptocurrency.
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Following seasonality can help clean out underperformers and highlight strong stocks like SMCI.
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Look for underfollowed stocks with clear growth, accelerations in earnings/revenue, and healthy metrics.
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Ignoring the story behind a stock and focusing on fundamentals can yield surprises, like with Scott's Miracle-Gro.