Category: News Wire

My son is in the midst of what parents aptly dub the “terrible twos.” He’s still months away from actually turning two. But that doesn’t hold him back at all. On the one hand, he’s teething, cranky and clingy. The next moment, he’s sweet and cuddly, loving and curious. Over the course of an hour, he has so many mood swings that I nearly have whiplash. It’s not unlike watching the crypto market over the past month. A brief relief rally had kicked off on Tuesday. But by Wednesday morning, bitcoin had slipped under $20,000 again as recession fears revived[…]

Anyway, Here’s Great Stuff Today, Great Ones, is the day we’re gonna throw it back to you. By now, you should’ve somehow realized what you gotta do… Don’t worry, it’s not a rousing chorus of “Wonderwall.” But feel free to sing along at home — I can’t stop you there. (And yes, maybe I’m still singing along in my head. I said maybe…) Anyway, like I said, today’s Great Stuff is all about you, Great Ones. Me? Little ol’ not-so-humble me? Oh, the very same! If you remember last Wednesday — lol, as if — we put out a poll[…]

“George.” “George…” “GEORGE!” I can’t tell you how many times a day this happens. I’ll try to get the attention of my youngest son, while he’s completely oblivious to anything occurring around him. It always happens when his eyes are fixated on his iPad, watching YouTube videos. He refuses to see or hear anything else going on around him. I get a sense that investors are going through the same thing … absolutely locked on to what the CNBC talking heads are saying about this bear market. We seek comfort in hearing explanations behind every daily gyration in the stock[…]

There’s no denying it — crypto is getting hammered. In fact, its total market cap has fallen 67% from its November 2021 peak. That’s much steeper than the Nasdaq’s 34% pullback. But there’s an advantage to today’s low prices: They’re the perfect way to build up long-term positions. Right now, you should be using crypto’s weakness as a buying opportunity. After all, we’ve seen a similar scenario play out before. Last decade, one asset class struggled just as much as crypto is now. Then a catalyst sent a flood of investment into this space. If you want to see what[…]

In a few years, we’re going to say THIS moment was an obvious buy opportunity. No-brainer obvious. Right now, fear is driving. But not for long. The Federal Reserve — in my opinion — has ignited the Great Reversal. And today, we’re focusing in on what could be one of the biggest winners for it: cryptos. Especially if Ian’s HUGE crypto prediction comes true. You know how I feel. Cryptos like bitcoin and Ethereum are here to stay. They offer real world solutions to old-world problems. So, for the HODLers, the Strong Hands, the #BOP (bullish, optimistic, positive) … today[…]

The Fed ignited the Great Reversal back to growth stock with this week’s interest rate hike.  (Read the full thread here.) And those moves are going to be into our America 2.0 stocks. You know it. We are #BOP (bullish, optimistic, positive) with #StrongHands! And with that … pizza party ? If you are looking at this time as a moment to buy, Paul posted a PIZZA trade. And you can tell he is bullish because it keeps getting bigger! adding $META to the Pizza?portfolio because the Metaverse is going to be a big deal. $RBLX and $META are the ways[…]

Crypto critics were feeling pretty smug this week. New York Magazine said: “Crypto Is Crashing. It Deserves To.” Yahoo Finance wrote: “Crypto is crashing. Here’s why Warren Buffett has hated it all along.” Bloomberg even reported: “Bill Gates Blasts Crypto, NFTs as Based on ‘Greater Fool’ Theory.” I’ll give them this: It feels good to be right. And it’s easy to hate an asset that’s already spiraling downward. But those articles aren’t helpful to crypto investors. That’s why I reached out to our crypto expert, Ian King. He recently sat down with John Daly for Crypto Corner, a special series[…]

A House Is A House Is A House… Happy Thursday, Great Ones, and welcome to another Thursday Throwdown, where — oof, good God, what’s going on with the market?! We’re doing that sell-off-the-whole-world thing again, huh? If you couldn’t tell by now, the Fed ratcheted up interest rates yesterday … and Wall Street is none too happy about it. (Well, it was initially relieved after yesterday’s announcement, but that relief rally fell flatter than flat, and today we’re definitely not meant to be happy, as these things so often go. Anyway…) While the market tries to bear today’s plunge, it’s[…]

“…Aaaand it’s gone.” That line from a 2009 South Park episode came at the depths of the financial crisis. In the episode, characters watched their brand-new investments plunge to $0 within seconds. It was a cynical take on a brutal bear market, where the S&P 500 Index crashed over 50%. Today, the crypto markets are in a similar panic. LUNA crashed 99.99% after its stablecoin depegged from the U.S. dollar. Crypto lender Celsius said on Monday that it’s pausing all withdrawals and transfers. And Coinbase, another major exchange, warned its customers that they could lose their cryptos if the company[…]

If you want to know the state of the market at a glance, just look to the clouds…Now, before you institutionalize me, I’m not talking about the fluffy white cotton floating in the sky.I’m talking about Ichimoku cloud charts, a technical indicator developed by Japanese business writer Goichi Hosoda in the 1930s. I first learned about these charts at a conference in New York about a dozen years ago. The speaker said Hosoda was so frustrated with market forecasting tools that he decided to dedicate his time to finding something useful.The story goes, his team rented space in a windowless warehouse[…]