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, S&P 500, SILVER BITCOIN, ETH
BEARISH –
5/19/26 Closing Prices:
BTC: $76,859.72 -4.9% (Tue-Tue)
ETH: $2,109.47 -7.6% (Tue-Tue)
Gold: $4,420 -5% (Tue-Tue)
S&P 500: 7,353.61 -.006% (Tue-Tue)
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We’re getting close. Really close. Memorial Day weekend — the unofficial starter pistol for summer. Vacations, pool days, beaches, mountains, and, of course, slumbering financial markets. If markets get to nap, you absolutely get to nap too. Long ones.
There are only three kinds of markets — Up, Down, and Sideways. Up markets are everyone’s favorite: investors feel brilliant, analysts pretend they predicted it, advisors relax, and traders’ egos inflate to Macy’s‑parade proportions. Down markets? The opposite carnival. Wealth shrinks, confidence shrivels, and traders suddenly remember they’re not actually geniuses. Unless you’re short — then you’re shopping for a Ferrari and making up for all the times you got steamrolled on the way up.
But the most hated of all — the true villain — is the sideways market. Calm, choppy, directionless, maddening. And that’s exactly where we are now. Summer is famous for this kind of drift, and summer starts in a few weeks. The bull is on pause, the bear is stretching somewhere offstage, and what’s left is pure frustration. Which, frankly, is why summer was invented.
What to do? What do you want to do? My suggestion: wash last year’s beach sand out of your swimsuit, stock up on beer before it doubles in price, trim positions if you can, and settle into neutral.
GOLD / SILVER
The gold and silver rush had its moment. Great run, great fun, and now… a breather. Rates are rising (bad for metals), inflation is rising (should be good for metals), and yet neither metal seems interested in cooperating. So here we sit: not long, not short, not involved. Neutral.
S&P 500 (a.k.a. “THE market”)
The “500” in S&P 500 still makes me laugh. We all know it’s really 10 stocks dragging the rest around — AI, chips, space, and whatever else is fashionable this quarter. Not going up for a while. Not going down for a while. Neutral.
BITCOIN & ETH
If you’re craving frustration, crypto is happy to oblige. I’m bullish — mostly BTC — and have been for a decade. But it’s tough listening to the same chorus: limited supply, regulatory clarity coming “any day now,” Michael Saylor buying another truckload, and now Tommy’s Pizza in Fargo adding BTC to their treasury. And yet prices drift lower. Maybe crypto traders are already at the pool. Call it neutral to slightly bullish.
These are the kinds of markets where whatever you want to do is probably the wrong thing. Sometimes the smartest move is to leave things alone. But if you’re involved, hedge — always hedge — just to stay sane.
See you next week.
S&P 500…..Neutral
GOLD…..Neutral
BITCOIN…..Bullish
ETH…..Bullish
2026 TARGETS:
- BITCOIN 2026………..
- ETH 2026………………
- GOLD 2026……………..
- S&P 500 2026………….
Current trading positions:
- BITCOIN…….Slightly Long
- ETH….NONE
- GOLD….NONE
- S&P 500….None
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.
