Stocks Are Catching Their Breath… But Mania Looms Out There
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It’s been a long week since we last spoke here; the market’s covered a lot of miles in that time. Stocks and Bitcoin have both exploded to new all-time highs being the big headline.
The election and the Fed rate cut are in the rearview mirror, so the market has a greater sense of clarity going into what’s historically been the most bullish time of the year. Tesla (TSLA) continues to deliver for us, as do our crypto mining stocks.
It seems like the world is fighting tooth and nail for access to the U.S. economy and that’s reflected in the relentless bid unfolding in the dollar trade.
On the other hand, yields are surging but crude oil still looks for all the world like it’s about to fall off a cliff. That could save us from further bond market carnage in the near-term.
With all of this said, “atmospheric conditions” are perfect for mania to set in - let’s look at what to do…
Video Length: 00:10:09
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