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Thursday, December 24, 2020

Christmas wake up call

Hi Readers So its Xmas and santa has treated everyone well. Stock markets around the world have powered up well and so to have the crypto markets and commodities. One thing many forgot is that we are in a xmas market where most professionals have closed there books until the second week of Jan. That also means for the crypto markets so what do you know the exchanges instigate a dumb on all alt coin whipping out most of this years gains in a day. While many are freaking out about it Im not surprised and there is a lot more to come going forward. Yesterday we had the ideal play on Crypto coin UBT and sold out of positions, and today the coin lost 25% of its value. In Feb when these crypto market crashes these coin could be a lot lower. Yes while bitcoin has had institutional support this will not continue after Jan 20th, and yes I anticipate bitcoin to halve in a week of blood bath activity. Before you start emailing just remember we did call the first top in 2017 and did call the move up in bitcoin in July2020, so listen and protect yourselves. If i'm wrong then you loose a month of gains, but if I'm right then you will be able to buy double the amount of bitcoin with the same money. From what price it falls i do not know but one thing is for sure it will halve. For the gold bugs you last hoha is coming in January, after that gold is going down for a while, and yes $1200 2021 is more than likely before $2000. To the stockmarket traders it will be about sectors, market will struggle moving forward in the first 3 months, you wont be able to buy and hold as was the case 2020. You will have to trade buy when down and sell when up. Stock selection will be another huge advantage. Politically if Trump doesnt take office american's will never accept Biden as there President. Yes China and America will kiss and make up and the markets will approve with big moves up, But the chinese economy will struggle 2021. There is a hell of a lot of bullshit being spun in the hope that people dont realise truths by governments. People will be brided further with more free money while the covid game is played out but at what cost. The debt zombie companies and people racking up could destroy the banking system. The dollar will become the safe heaven not gold. I dont see a good year for cryptos or commodities 2021 regardless what people are saying the astrology does not support the hype in cryptos. Stock selection and grains will do well 2021, not metals and energy. I hope 2021 is a better year than 2020, merry Christmas to you all and thank you for spending 5 minutes to reader the blog I hope you have all made money in 2020. As always use the above as an indicator to your own work. Ask your financial advisor on more on the above. The above is an astrological view of 2021. I am a financial astrologer not a financial advisor.

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