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“Bitcoin is well on its way to becoming global digital collateral in a world going that way and ethereum is a primary driver of the digital revolution as evidenced by making possible the most widely traded cryptos - dollar tokens,” McGlone stated.īitcoin ‘Incredibly Oversold,’ Says Analystīudd White, cofounder and chief product officer of crypto software company Tacen, also weighed in on the matter, claiming that the digital currency is currently trading far below its true value. “Bitcoin and cryptos were a key part of the 2021 rush and thus part of the 2022 flush, but I see bitcoin and ethereum coming out ahead.” Get reviews on loads of restaurants, especially high end spots.“Don't fight the Fed has been my mantra for risk assets since late last year,” he stated.
DINE (Restaurants) - This is basically Wall Street's Yelp. OVDV (Currency Volatility) - This gives users the foreign exchange bet on any given currency pair around the world. BI (Bloomberg Industries) - Get research on any industry under the sun from airlines to minerals. Bloomberg takes these reports and gives users the price history of a given bond so they know what price they should be paying. However, dealers are required to report their sales using a reporting system called TRACE. TDH (Trade History Function) - Because bonds aren't traded on a central exchange, it can be hard to get accurate prices. ADL (Advanced/Decline Line) - This shows you the advance/decline line of any index in the world over a given time. SPLC (Supply Chain) - Lets you track who a company's customers are and what percentage of a company's revenue they make up. POSH (Classifieds) - Think of this like a Bloomberg Craigslist that allows users to list anything they're selling from cars to apartments. It breaks down your universe of stocks into Improving, Leading, Weakening and Lagging and you can watch how the sectors move over a given period of time. RRG (Relative Rotation Graph) -This function analyzes shifts in market sector leadership (one of our favorite blogger/traders explains its power at length here). If you drop the M (HDS) you see the non-customizable version of this, which is just the top holders of any given stock. You can build a list of your clients and then type in, say, IBM - all your clients that hold that stock will come up. HDSM (Holder Group Mode) - Shows who holds a stock but also allows you to filter for certain accounts.
For some people, it's the sole reason why a terminal is a must-have product. This allows you to instant message anyone that has a Bloomberg Terminal.
Bloomberg Messaging - This isn't necessarily a function but it's incredibly valuable. More importantly, you can customize them as you wish and look at say, price over a 20-year period in monthly intervals or price over a 6 month period with daily intervals. GP (Graph Price), RSI (Relative Strength) - Functions like these are very valuable for anyone doing technical analysis because you can instantly look at these charts. PEOP (People) - Consider this like a Wall Street LinkedIn showing who's worked where and when. This is a must if you want to be plugged into gossip. MVP (Most Valuable Player) - This function lets you know who the everyone that has a Bloomberg Terminal is reading/talking about daily. If you want to look at say, a new Caterpillar product, you could look it up using FA, PROD. For example, say you want to find out how much of Apple's sales are in Austria, you'd hit APPL, FA, GEO. FA (Financial Analysis) partnered with a function like GEO (Geography) or PROD (Product) - Instead of pouring through pages and pages of SEC filings, this makes it possible for a user to find exactly what they want from a company's data. Great for a busy banker who can't leave his desk, and just wants to get taken to luxury. MLUX (Luxury Shopping) - Takes you to a page where you can check out some really expensive, awesome stuff to buy. It's especially useful for anyone that deals with energy and commodities because you can get alerts on weather events (like earthquakes) and then see, for example, what mines or (say) nuclear plants are in the area. BMAP (Bloomberg Map) - This is a function like Google Earth but faster, easier to use, and more clear.
Here are a few powerful public functions Wall Streeters told us they couldn't live without. That means some of the best functions out there are probably closely held secrets. One answer we got that can't even be measured is the fact that users can build their own functions based on their needs. Business Insider contacted terminal users all over the Street to get the functions they consider most valuable.