MORE STIMULUS ON THE WAY; EVERYTHING IS BULLSHIT, I MEAN BULLISH

Cryptocurrency is on fire once again with Bitcoin going vertical this evening, trading right through 11,000. I forget how fast these coins can move, which gets me excited for the true Euphoria phase. I still think we have years until that happens, and I do think a nasty correction is not too far in the distant future. But, for now it’s ALT season.

This move in Gold however, I think sticks, and sticks hard. I think Gold will trade in its own bull market for years to come. This is a pretty significant breakout in the shiny metal and with more stimulus on the way one can’t help but to think inflation. Look to buy meaningful dips in gold.

__

As for stocks, the momentum screen is loaded with great looking charts. Everything is looking bullish again, even $AAPL, after the drubbing it caught late last week, look ready to go. Here’s a look at today’s momentum scan: CLICK HERE FOR CHARTS

Related posts

Carl Icahn Increases His Stake In Take-Two Interactive To 10.68%

ValueWalk

iPad Mini Display Outperformed By Kindle Fire HD & Nexus 7

ValueWalk

Foxconn Might Open Manufacturing Plants In The U.S. [REPORT]

ValueWalk

Peter Cundill Protégé Tim McElvaine on Investing in Japan [VIDEO]

ValueWalk

Set Bing Home Page Image As Lock Screen In Windows 8

ValueWalk

Morning Market News: JCP, APO, MCHP, ZIP, ENR, LGF, EA, ATVI, COV, LNT

ValueWalk