Here’s my catchphrase of the day: “Welcome to live TV!”
Unfortunately, my internet went out just a few minutes into today’s Pre-Market Prep session. I really only got to talk briefly about this week’s hot crypto plays and my top swing trading sector of the moment.
You can yell at me if you want — but hey, I’m here for you every day...
Meantime, I wanted to thank everyone who attended last night’s swing trade webinar!
What’s up today?
While my internet went out a few minutes into the broadcast, I did get to talk about an important swing trading trend and my thoughts on yesterday’s crypto flatline.
For traders who might be interested in swing trading sectors … I humbly submit that you look into housing market-related stocks.
The housing market is on FIRE right now. Homes are selling above market price in hours or days. There’s never been a better time to sell. I talk about how related stocks are making amazing moves...
The other big topic of the day? The Coinbase Global Inc. (NASDAQ: COIN) market debut yesterday. It had a huge gap-up immediately … Then fell about $100 by the end of the trading day.
But that does NOT mean it was a failure, as so many traders are saying. The stock was supposed to open at $250 — hype drove it up over $400. It closed in the low $300s. Not bad when you consider the initial price.
The other reason traders are claiming it was a failure is that all the major crypto plays — Riot Blockchain Inc (NASDAQ: RIOT), Marathon Digital Holdings Inc (NASDAQ: MARA), and Bit Digital Inc. (NASDAQ: BTBT) — went nowhere.
I explain why this has everything to do with the insane gap-up. No, it doesn’t mean that crypto’s over!
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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