The Bulls Backed Down The Bears (Again) - Here’s What To Do
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Another week… another gap down to start. This time, however, the bulls reasserted control of the tape much more quickly than before, and now we see stocks pressing back and onward to new highs.
I said last week that I expected software to emerge as a leader in the wider tech sector, and I haven’t changed my mind - I’m more convinced than ever, in fact.
I’ve got a lot of interest in downtrodden stocks and assets, too; AMD in the semiconductor space, for one. I think crypto is about to get its legs back under it, and Ethereum is particularly attractive with Trump’s announcement that the U.S. should establish a sovereign wealth fund.
Gold continues to achieve all-time highs, too, but the importance of this is being drowned out by a lot of noise out there right now.
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