Member’s Video for Thursday, December 21st, 2017

We’ve watched the buy the rumor half, now are we going to see the sell the fact following the completion of the tax bill? There is notable rotation in economically sensitive sectors like energy, financials, industrials, and transports with a rotation out of growth sectors notably technology. Bitcoin cash is an early Christmas gift for us while traditional bitcoin is in corrective mode. Are you prepared?

My Latest video log is posted – Vlog 36 – Am I Becoming Clark W. Griswold?

2 Comments

  1. Konrad Brandemuhl
    Konrad Brandemuhl on December 21, 2017 at 10:58 am

    Ok; premium on GBTC seems extreme. So I exited 70% yesterday as GBTC seems to have had several days of declining numbers. Todd also indicated he was planning to lighten up on Bitcoin. Remaining 30% going to donor advised fund for charity. Taking care of gains and charity deduction while I can.

    Saw this this morning:
    https://www.cnbc.com/2017/12/21/us-stocks-tax-bill-wages.html
    2 min mark:
    e-Brokers up
    trading volume up
    new assets in account
    more assets going into stocks and less in cash

    Indication of retail investor getting involved in the last stages of a bull market? May still go another 6 months but think/confirms what Todd is saying that the end is near or at least for a significant drop.

    Reply
  2. Steven Yokley
    Steven Yokley on December 21, 2017 at 1:31 pm

    Todd,
    Looks like Bitcoin, ETH and LTC all are down today… can u spend some video time on ETH and LTC?

    Thanks

    Reply

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