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TG Watkins – Choppy Markets Are Tough Even For Technical Traders; Bitcoin Breakout To $34k, Bond Selloff Is Key

Cory
October 24, 2023

TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins us to share his recent trading strategy for the choppy markets. We focus on the bond market crash and how that is impacting all markets, balanced with the potential for a near term rebound in bonds. One of the only sectors that recently broke-out is Bitcoin, now at $34,000. TG shares how he is playing the cryptocurrencies as well as the miners.

 

 

Click here to visit TG’s website – Profit Pilot.

Discussion
6 Comments
    Oct 24, 2023 24:48 PM

    Bitcoin blasting off is not good news for PMs and miners. Lights out for them, while crypto grabs all the attention.

      Oct 24, 2023 24:13 PM

      Ditto

      Oct 25, 2023 25:11 PM

      Hey! Look over there! The most speculative asset in history is rising while the least speculative asset in history just sits there!
      BC shouldn’t concern you in the least with respect to gold whether this move has legs or not. The two occupy opposite ends of the risk spectrum no matter what goofballs like Michael Saylor or Raoul Pal tell you.

    Oct 24, 2023 24:39 PM

    Silver Rocket

    Brien Lundin – Golden Opportunities (10/24/2023)

    “Blackrock Silver (BRC.V; BKRRF) quickly multiplied over seven times in price in silver’s last bull run. Today, with silver seeming ready to run again, Blackrock is a much better company with one of the world’s largest and highest-grade silver resources…Which is why some investors are betting that it’s going to do even better this time around.”

    https://enews.jeffersoncompanies.com/q/qyWuj4WYOh8l0gtLZJeHjy88HPcZT08f5ExuyQBRQI2-h1gQNjkb8GRSl