The Taylor Market Report (6/23/26)

Common Sense for Uncommon Markets

624

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 – 

NEUTRAL – GOLD, S&P 500, SILVER BITCOIN, ETH

BEARISH – 

6/23/26 Closing Prices:

BTC:  $62,402.18       -5.1%   (Tue-Tue)
ETH:  $1,665.62          -7%   (Tue-Tue)
Gold:  $4,053              -5.1%   (Tue-Tue)
S&P 500:  7,365.46     -1.9%   (Tue-Tue)

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By Bill Taylor, CEO / Digital Wealth News and AI & Finance

Oh look — is that the lifeguard blowing the whistle again? Everybody out of the pool! Translation: “Investors, please remove yourselves from the AI‑and‑Tech Jacuzzi before you prune up and drown.”

Are the AI and big‑tech stocks finally getting cold water dumped on them? Of course not. Don’t be silly. These are the chosen ones. The anointed. The stocks that “only go up,” except for those brief moments when they go down, which we’re told are not declines but “micro‑adjustments,” “healthy resets,” or my personal favorite, “the market shaking out the weak hands.” Right. Sure. Whatever helps you sleep.

Being neutral these past several weeks? Chef’s kiss. And staying neutral? Even better. Because as summer rolls in, volume fades, liquidity thins, and traders migrate to beaches where they pretend to relax while secretly checking futures under the table. Put the phones down, people. The market will still be dysfunctional when you return.

Now let’s talk about the Iran war — the world’s longest‑running “peace deal any day now” performance art piece. People keep buying equities, gold, silver, bitcoin, all waiting for the Big Peace Announcement that will “unlock value” and “restore stability.” How many times can someone get fooled? Even The Who tried to warn everyone decades ago. “Don’t get fooled again.” Apparently, investors didn’t get the memo.

Here’s my confession: I’m bearish on everything. BUT, I’m continuing neutrality only because it’s summer. I am worried about a huge short squeeze. But still……

Gold? Bearish.

Silver? Bearish.

Stocks? Bearish.

Bitcoin? Bearish.

If it trades, I’m suspicious of it. Somewhere in the back of my mind, a little voice keeps whispering, “This whole multi‑year run is one giant top.” And because I know I’m biased, the only sane position is… neutrality.

So here we are. Summer. Sun. Heat. Drinks. Why ruin pool time by pretending you’re going to outsmart a market that can’t even outsmart itself? Stay neutral. Float. Breathe. There’s plenty of time left in the year to chase the mythical “big score” — and plenty of time for the market to keep fooling people who didn’t listen to The Who.

S&P 500…..Neutral
GOLD…..Neutral
BITCOIN…..Neutral
ETH…..Neutral

Content by Bill Taylor with editing from Copilot


2026 TARGETS:   

  • BITCOIN 2026………..
  • ETH 2026………………
  • GOLD 2026……………..
  • S&P 500 2026………….

Current trading positions: 

  •  BITCOIN…….NONE
  •  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.