Jackson

More people are likely going to get chopped up short term while $SPX reaches its destination of 6500. A rotation is going on into risk-on and crypto related stocks now

$MU is at resistance going into earnings

$CRCL falls ~15% after the CLARITY Act deal signals no yield on stablecoin balances by allowing only activity-based rewards. That weakens a key part of the bull case by making USDC harder to evolve from a payments utility into a real store-of-value product.

So many are saying the bear market has officially begun. No. The bear market is almost over. And I really think crypto is going to shock everyone this cycle. I bet my entire life, 10yrs worth of research & entire net worth on this moment. I’m warning you that life changing wealth is about to come. The masses do not see this. When I look at the business cycle… What the US dollar is doing…what Trump is doing…the stimulus that’s coming after years of prolonged draining…What metals are doing. The new FED chair… Institutional interest in crypto. Retail distributing to big money. The Clarity Act, etc.. Understand that, and you beat 95% of investors. You all deserve what’s about to happen. If you still haven’t followed me, you’ll regret it.

Since I don't trade in and out of assets short term, I don't focus on ones that don't grow over time. Many people ask why I never buy stocks like $USO, and my answer is simple: I like stocks that go up and to the right over time—not down and to the right. That means I'm going to miss those quick 50% weekly candles, but they aren't sustainable, as the charts will eventually resume their downtrends. BTW, high time frame resistance for $USO is 126.86...

$GOLD has reached its key destination at 4152.82, now acting as support. The range is clearly identifiable: 5121 stands as massive resistance, while the 2.272 Fibonacci extension at 4152 was successfully backtested as support. Whichever level breaks first will likely dictate the next major direction. Until then, rangebound