Ryan Wilday joins me today for a look into the Bitcoin and overall cryptocurrency markets. We start with a comment on the technical set up where Ryan shares his positioning and stops. Next is a general discussion about the safe haven appeal of Bitcoin.
Click here to visit the Elliot Wave Trader site and follow along with Ryan’s technicals.
Mike Larson. Editor of the Safe Money Report joins me to share his thoughts on the continued rotation in the financial markets that is now shifting back to the safe assets. Today we are seeing both the US markets and PMs move up together. Let’s see how dramatically this changes.
Chris Temple joins me for a close look at the disappointing ISM number from this morning that significantly turned markets. US equities started the day up with gold down but that all changed after the ISM number was released. A lot of the disappointment is being blamed on the tariffs but this is not the complete story.
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Chris Vermeulen, Founder of The Technical Traders shares his trading strategy for safer assets. While precious metals and bonds had a great run, the charts are showing the utilities could be the place to be in the short term. Ut;s important to note we are not saying the other safe havens are going to crash but it’s all about time frame and playing the sector that could pop first.
Click here to visit The Technical Traders website to follow along with what Chris is trading.
Dana Lyons joins me to share why he is selling into the pop in the S&P. The strategy of sell the rip for risk on assets and buy the dip in safe asset has been working for Dana and his clients. We also discuss the potential length of the reversal that started yesterday.
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Also click here for his subscriber site where you get more specific trading advice.
Ed Moya, Chief Market Analyst at ONANDA joins me today for a look at the moves in the markets. We are seeing a continuation of fears in the market as US markets are selling off and the dollar and precious metals are moving higher. A lot of the fear revolves around the ongoing trade war between the US and China. For as negative as everyone is Ed shares some thoughts on how it could get better in the near term.
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Chris Temple joins me today to address the new tariffs announced last night on Mexico that is throwing the new trade deal between the US, Canada, and Mexico into turmoil. Plus some comment by the Chinese that they will be retaliating to the escalating trade tensions with the US. Market are down with the USD while treasuries and gold are bouncing.
Click here to visit Chris’s site for more market commentary.
Lobo Tiggre, Founder of the Independent Speculator joins me to share his thoughts on the trade tension news regarding China possibly cutting off exports of rare earth elements to the US. We’ve seen volume upticks and some stocks moving higher but is it for real? We then wrap up the call with comments on the moves into safe haven assets.
Chris Vermuelen. Founder of The Technical Traders joins me to share his thoughts on the recent flow of money into safe haven assets. During the selloff yesterday in US markets money moved into bonds, gold, and back into the USD. We discuss just how long this run could last and which sectors Chris is the most bullish on.
Click here to visit The Technical Traders website to follow along with Chris’s calls
With Bitcoin popping higher the question is being asked if the pop is due to safe haven buying or simply a overdue bounce. Ryan Wilday joins me to share his thoughts on the move higher and where he thinks it could go.
Click here to visit the Elliott Wave Trader site to follow along with what Ryan is talking about.