Volatility Spikes: Stocks Market, Gold, Bitcoin & More

Sharing is Caring!

by Chris Vermeulen of The Technical Traders

Chris joins Jim Goddard on Howestreet.com to discuss the latest moves in the markets. We are seeing a little bit of fear creeping into the market this week, which is a normal process that takes place roughly every 20 days. Money trickles in, then needs to be shaken up a bit to allow the market to reach for new potential highs.

See also  Jordan Roy-Byrne discusses how he picks gold stocks to increase the odds of success

We’ve also noticed some minor pullbacks and money has been going into defensive plays. Gold and Silver have had a roller coaster ride for the past few months but Gold has rallied his place back. Crude oil has been trading sideways but shows quite a bit of upside potential if the market can start a new rally to the upside. Though the market remains in an uptrend, there are fewer stocks supporting it as many sectors are not performing well.

See also  Stock Market DROPS Again as 2 Major Events This Week Signal Selloff in Advance!

402 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.