Saturday, July 24, 2021

Why Bitcoin Is the Most Important Indicator for 2021

 
July 24, 2021
 
The Most Impressive Trading Performance We've Ever Seen...
Stock market legend Chuck Hughes just revealed the strategy that allowed him to bank $3.5 million in documented profits over the past seven years.

And we're giving traders the chance to test drive this strategy for themselves.

Chuck agreed to sit down for an interview with WealthPress Senior Strategist Roger Scott. And during their discussion, he showed Roger how his Trophy Trades system has allowed him to make consistent gains year after year… completely stress free.
Don't Miss out
 
Why Bitcoin Is the Most Important Indicator for 2021
Monday's sell-off sparked a panic among the financial talking heads as fears of Round 2 of the pandemic ran rampant. But I didn't — and still don't — think it was a big enough concern to warrant that kind of reaction.

Lo and behold, the next day, after going down on volume, the markets are back up on air… so does our strategy change? I don't think so. Stagflation is still my primary concern.

Which leads me to the only thing I found remotely interesting: an article about the ultra-rich turning to cryptocurrencies, which comes after Bitcoin tanking in May. Will this signal a crypto crash recovery? And why do we care?

Because a crypto recovery — or downturn — tells me everything I need to know about the markets this year.
Why I'm Watching Bitcoin
 
Why My Blitz Market Color Readers Were Ready for Tuesday's Rally
Following Monday's sell-off, the bulls came back to the market for a nice rebound with the Dow, S&P 500 and Nasdaq all up about 1.5%. What a turnaround!

After a solid day of paper-handed traders running around screaming and selling their entire portfolios, they came back the next day and acted like nothing ever happened.

It's a 180-degree turn that no one could have seen coming. Right?

Well, that might be the case for most traders, but we're not "most traders," are we?

While the markets were selling off, I was updating the Blitz Daily Market Color and planning our next profitable moves
Here's How We Cashed In!
 
Life Is Unpredictable — 'Trophy Trades' Are Not
Look, the stock market can be unpredictable…

That's why traders need a strategy that will net them consistent returns year after year — no matter what life throws their way.

That's where Trophy Trades Alerts can help. This stress-free trading strategy gives everyday traders the chance to capture even more gains when a stock rallies — without leaving large profits on the table.

And it works even in the most turbulent of markets.
Click Here to See How
 
"Roger, As always great information.  I learned more about the stock market activity in the past month then I ever suspected.  Keep info coming."

Dennis H.





The Advance/Decline (A/D) Line is used by many traders to confirm the strength of a current trend and its likelihood of reversing. The indicator essentially shows if most stocks are participating in the direction of the market. If the markets are up, but the A/D line is sloping downwards (bearish divergence), it's usually a sign that the markets are losing their breadth and may be about to reverse direction. If the slope of the A/D line is up and the market is trending upward, then the market is said to be healthy.
 
 
 
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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