About meI share my own thoughts, analysis, trends and trades. However, please be aware all trading involves risks and you should always trade based on your own conviction and compatible with your own portfolio and risk tolerance.
As the chart shows, after last Wednesday's FOMC announcement, the 10 Year Treasury yields broke above 1.65 for a test of 1.75 with potential move toward 2%. This is a hugely important move and is part of what has affected the NASDAQ and the recent corrections in crypto currencies. There is also the additional move out of the high growth and high performance stocks...
Last weekend Bitcoin broke above 58k which was the top for February and made a new all time high. However, the bulls faced a set back as Bitcoin slipped back below 58k. However, Bitcoin resiliently stayed above 58k on Friday while Nasdaq had its worse day in two weeks. This is quite important since Bitcoin has had a positive correlation with Nasdaq and Tesla. This...
