Elon Musk, Dogecoin and Bitcoin: Where We Go From Here

May 20, 2021 The Millionaire's Trick Revealed Wall Street legend Chuck Hughes is embarking on a journey to change lives this summer… Handing over three secrets he's never shared with anyone before… And kicking off a select group of traders with a special $50,000 challenge account. If anyone wants to join Chuck on this never seen before challenge... Make Sure to Grab a Ticket The Commodities Sector Will Nosedive in May. Avoid These Stocks Last week, we saw a heavy amount of bearishnish in the stock market and some deep selling in a lot of the names that have been getting crushed. Technology, semiconductors, FAANG and stay-at-home stocks were among the names hit the hardest. And we're about to witness the same thing this week... but with another sector of the market. I have a good feeling the area of Wall Street that's been producing great returns lately will begin to show some vulnerability... Guys, I'm talking about commodities-related stocks. The Worst Commodity Stocks in May Elon Musk, Dogecoin and Bitcoin: Where We Go From Here If you don't follow the cryptocurrency market, you're missing out with all of the Elon Musk-Bitcoin news, which sent prices of the world's top crypto spiraling. You've also missed out on the Dogecoin trend... Bitcoin is down over 20% the past week alone, ever since the Tesla CEO tweeted his company will no longer accept it as a form of payment for its cars.    Musk hosted "Saturday Night Live" on May 8. And he's been pumping the Dogecoin trend for some time now. It shot up to 75 cents, but now is hovering around 37 cents. Where Do We Go From Here? "This is the best I have ever seen. Answers that I have been seeking for over 30 Years!" Marvin C. Divergence occurs when the stock price and another key indicator move in opposite directions on a chart. Divergence in technical analysis may signal a major positive or negative price move. Positive divergence occurs when the price of a security makes a new low while a key indicator such as RSI, Stochastic, or MACD starts to climb. Conversely, negative divergence is seen when the price makes a new high but the indicator being followed closes lower.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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