The Bond Crash Continues

JC Parets
April 11, 2024

They keep telling you that interest rates are going down.

But interest rates keep going up.

The US 10-year Yield and US 30-year Yields are hitting the highest levels since Mid-November.

In the near-term rate markets, US 1-year and 2-year yields have been up and to the right all year, also hitting the highest levels since November.

Meanwhile, your boy Joe Biden is literally out there telling people that rates are going down.

He said it again yesterday.

This Biden guy is either lying to you. Or he hasn't even bothered to look.

And regardless of which side of the aisle you sit on, neither one of these answers is acceptable.

Why is the President of the United States lying to you about falling interest rates?

It's a little scary.

Look at the Japanese Yen hitting the lowest levels in over 30 years.

And why should you care about the Yen?

Treasury Bonds are trading tick for tick with Yen.

Are you betting that the blue line doesn't follow the black line?

If you've been following along, we've been talking about higher interest rates all year.

That's been sending bonds crashing.

Stocks are not what we want to buy in that environment. Commodities and commodity-related stocks are what have been working.

Things started to change in February. And then they really changed in March.

Look at the stock market, for example.

The Dow Jones Industrial Average is at the same price it was in late January.

The Nasdaq is at the same level it was in early February.

Meanwhile, you're seeing the fewest amount of stocks on the NYSE trading above their 50 day moving average since November.

Most stocks are either not going up, or they're going down.

Look at the new lows lists getting longer and longer these days.

Again, this isn't anything new.

We've been seeing this.

And the bond market crashing every day is not helping things.

Notice how the Treasury Bond market is NOT a safe haven this cycle.

We've pointed to this time and time again.

There are opportunities out there from the long side. It's just that the stocks working this year and NOT the ones that were working last year.

It's a different market environment completely.

If you can't adapt to the rotation then you're never going to make it.

Set up a call with Mary and as her what the best way is for you to take advantage of our research and trade ideas.

We do a lot of work around here so you don't have to.

Mary will put together a package that is right for you.

Send her a note here.

Choose Wisely and Profit Well

I’m going to be really blunt.

Even at the regular rate, ASC Crypto membership will probably pay for itself pretty soon.

Yes, past performance is no guarantee of future results.

But consider some of the setups we’ve discussed so far since we re-launched just a couple of weeks ago:

$PRIME is up more than 100 percent… $FET is up more than 110 percent… $AERO is up more than 210 percent… And $AIOZ is up more than 400 percent.

And, yeah, what about $BTC: It was up almost 2 percent intraday Wednesday while old-school assets were getting sick on the latest inflation data.

Is it a hedge? Is it a store of value? Is it the new money? I don’t know, and I don’t care. Price is the only thing that pays.

There’s a lot of price action in the crypto market, and now there’s a lot of price history.

And we have the tools to identify risk levels, catalysts, and targets so we can grab big chunks of huge moves.

So, here’s the deal: Our post-re-launch rebate pricing is coming to an end.

After 11:59 p.m. on Friday, the quarterly rate for ASC Crypto will go back to $749 from $375, and the annual rate will go back to $1,999 from $999.

Click here as soon as possible.

As always, if you have any questions about recent price action and what's happening with markets right now, you can always drop us an email.

 

 

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