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The Taylor Market Report (4/30/24)
I love BITCOIN and ETH and have for a very long time. Long term holder. BUT, now is not the time to be in BTC or ETH. Lighten up or be out. Things are getting nasty. I just can't be short, so I am neutral.
The Taylor Market Report (4/23/24)
The S&P has bounced back up after recent selloffs but there's still not a big change on the week. Gold had a fun trip to $2,400 and just took an almost $100 drop. With that, looks like BITCOIN and ETH had their "dip."
The Taylor Market Report (4/16/24)
With everything going on I am going neutral on BTC, ETH & GOLD for now. Short S&P 500. Old saying on the trading floors...."I'd rather be out of the markets wishing I was in rather than in the markets wishing I was out."
The Taylor Market Report (4/9/24)
Remember, inflation is not the same as the cost of living. The cost of living is up over 30% since 2020 and the fact that it is only increasing by 3% now rather than 8% (inflation) is not a good thing.
The Taylor Market Report (4/2/24)
There is a HUGE trap door under the S&P 500 index. Be prepared for a HUGE drop. Be short (a little or a lot) or be left out.
The Taylor Market Report (3/26/24)
BITCOIN has buyers. Lots of buyers and more coming. MicroStrategy and Michael Saylor have been huge buyers. With the 'halving' coming next month the supply of BITCOIN will again shrink.
AI & Finance™ | News for the Week Ending 3/22/24
We try to cast a broad net when unearthing the latest and greatest financial artificial intelligence news each week—but as the weeks progress, we’re...
The Taylor Market Report (3/19/24)
Inflation (CPI) came in a bit hotter then expected last week, gold rallied, bitcoin rallied and declined which is what the S&P 500 did. All a big yawn....except for bitcoin/ethereum.
The Taylor Market Report (3/12/24)
Spoiler alert; very sad to report that the "Never Bitcoiners" have been wrong...again. Their hopes for BTC going to zero are diminishing. Michael Saylor (Chmn of Microstrategy) just bought another $800M of Bitcoin. He's the man.
The Taylor Market Report (3/5/24)
With the major action concentrated in the digital assets and gold, the S&P 500 is beginning to exhibit some wear and tear. There is something 'afoot' and the flight to both gold and bitcoin/ether says WATCH OUT. As we used to say on the trading floors, there is a "tone change."