By Bill Taylor, CEO / Digital Wealth News and AI & Finance
DISCLAIMER: The opinions expressed below are solely those of Bill Taylor & do not represent those of DWN or any affiliates. Any financial advice included here is for entertainment purposes only.
BULLISH – BITCOIN, ETH
NEUTRAL – GOLD, SILVER
BEARISH – S&P 500
1/27/26 Closing Prices:
BTC: $88,872.15 -0.007% (Tue-Tue)
ETH: $3,001/80 0% (Tue-Tue)
Gold: $5108 +9% (Tue-Tue)
S&P 500: 6,978.60 +2.3% (Tue-Tue)
Waiting on the Fed. What’s new? Everyone waits on the Fed before EVERY Fed meeting. So, another Fed meeting decision tomorrow. Cut? Hike? Hold? All on the table.
A Fed hike would be quite a surprise. A Fed cut would appear to be political and bowing to Trump. A Fed hold would cause a lot of “should have done this, should have done that” debate and talk that Fed Chair Powell should step aside because he is a “bad, old man and always wrong.” Take your pick. I guess it’s hold.
Another BIG thing that is kind of being overlooked is Japan. They have a recently new “fearless leader” and she has some different economic thoughts. Japanese interest rates have moved up, which means bond prices have moved down. Pain. Capital losses in the Japan bond market is not good and could become a much bigger problem. Globally. Pay attention, seems the media isn’t.
Also, oil seems to be moving up, the direction Trump doesn’t like. Bomb Iran? Again? Worth watching.
Of course the equity markets don’t care. Or rather, which market index? Dow up one day with S&P 500 down, next day S&P 500 up, Dow down. Other averages doing the same dance. It’s a delicate balancing act………or, gasp, manipulation. Holding the market averages up and stealthily selling? Yeah, my paranoid side is out.
Ah, GOLD and silver. THIS is crazy. Bullish crazy, but really? Picking a top in the metals is a fool’s game, so I’m happy staying neutral and saying “ah” each new high.
Let’s suppose. GOLD and silver actually do sell off. Where would that hot money go? Glad you asked. BITCOIN….some ETH…..and oh boy could that be fun. Should, no when, buyers head to BITCOIN there will not be a lot of supply. There are a lot (LOT) of washed out bulls right now. Hands thrown up and vows to never touch BITCOIN again (yeah, right). Very VERY bullish at these levels.
As I have said, timing is tough. I use the IBIT ETF for options. Buying a far out call spread gives you time to hold and wait. Say the June (or further out) 60 calls and sell the June 80 calls. Great risk reward.
S&P 500 short? Yeah, overdue for a nasty correction. As before, use options and reduce risk. Go out to April/May and buy the 700 calls and sell the 670/660 calls one to one. Just wait for the bears to come out of hibernation. Growl.
See ya next week.
S&P 500…..Hedged Short
GOLD…..Neutral
BITCOIN…..Bullish
ETH…..Bullish
2025 TARGETS:
- BITCOIN 2026………..$175K +/-
- ETH 2026………………$5,000
- GOLD 2026……………..?
- S&P 500 2026………….Down 10% on a pullback….then????
Current trading positions:
- BITCOIN…….LONG
- ETH….NONE
- GOLD….NONE
- S&P 500….HEDGED SHORT
We compare the price of Bitcoin, Ethereum, Gold & the S&P 500. We use the CME Bitcoin Indexes (BRR & BRTI) and the CME Ethereum Indexes (ETH_RR_USD) & (ETH_RTI_USD) for reference as well as the London Bullion Market afternoon price settlement on the digital assets & gold.
Bill Taylor is CEO of Digital Wealth News. He is widely published & quoted in financial media and an international expert on markets and BTC, ETH, Gold & SP500.
His opinions are solely his own and for informative purposes only.
