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- Stock market wants to go up
Stock market wants to go up
But crypto weaker
Something very interesting happened in the markets just now…
You see, for months and months the stock market and the crypto market have been moving in lockstep.
But today, after the somewhat disappointing news that China won’t nuke Nancy Pelosi the stonk market rallied while the crypto markets kept going down
Stocks were only able to go down for ONE DAY after the sell signal a few days ago, and have closed at fresh highs.
Therefore we can conclude a few things.
The stock market wants to go up, and is shrugging off negative news and negative price action
The crypto markets are not attracting sideline buyers and gravity is taking hold
The high correlation between stocks and crypto is in the early stages of breaking down
What does all this mean?
I don’t fucking know, ties my head in knots if I think too much about it to be honest.
What I do know is that investing like this is really really hard.
Might I suggest a simpler way.
Here’s how simple V2.0 of our Crypto Salary System is
I’d like to invite you to join us on an epic quest to turn you into pro traders.
Here is a replay of yesterdays webinar
Have a great day
Scott