You’ve heard me say it a million times by now.
It’s going to be really difficult to make money long most stocks or crypto the rest of the year if the US Dollar remains strong.
Check out last night’s video about what we’re doing about it.
We got just a little bit of Dollar weakness starting in mid-July and stocks ripped higher. Thousands of points added to the Dow, Ethereum doubled and the average stock on the Nasdaq rallied over 40%.
We saw one of the most historic short-squeezes in history. And all it took was just a little bit of Dollar weakness. It wasn’t even that much.
But then once that Dollar strength came back last month, the bid in stocks and crypto disappeared.
Here’s a zoomed out look at the negative correlation between stocks and the Dollar: [Read more…]