Bitcoin Pigs Get Fat, But The Hogs Are Going To Get Slaughtered

Matt Thalman - Contributor - ETFs

Unless you have head your head stuck under a rock for the last 12 months, you have heard of Bitcoin and how the price of the first crypto-currency has skyrocketed this year. After hearing about this 'once in a lifetime investment opportunity,' I am sure most of you have thought about buying some digital currency. Maybe some of you have even taken the next step and bought some. (Congratulations to those of you who did.)

But as the saying goes, 'Pigs get fat, hogs get slaughtered,' I hope for your sake you are a pig and get out while you can. Unless you got your hands on some Bitcoin's in the last week, you have made money.

A recent Bank of America Merrill Lynch survey found that the Bitcoin traded is one of the most crowded trades on Wall Street, which obviously explains some of its massive run-up. Bitcoin's amazing performance over the last year now appears to have attracted some very risk-averse investors.

We have seen the price of Bitcoin fall 30%, 40%, even 50% in just a years' time. But, investors keep running into the asset and pushing the price to new all-time-highs.

So what would actually cause a Bitcoin collapse? Continue reading "Bitcoin Pigs Get Fat, But The Hogs Are Going To Get Slaughtered"

3 Banks Stocks That You Should Be On Your Radar

Hello traders and MarketClub members everywhere! Today, I'm going to look at three banking stocks that flashed buy alerts last Friday. Recently, the bank stocks have been on a tear. For the past two years, they have all been moving higher, but now they seem to have begun an accelerated phase to the upside which could be their last move.

The stocks I'll be looking at today are JP Morgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group (NYSE:GS) and U.S. Bank Corp (NYSE:USB). Each of these three stocks gave a Trade Triangle signal last Friday that the intermediate trend had once again resumed. Continue reading "3 Banks Stocks That You Should Be On Your Radar"

Sector Analysis Can Help Your Trading

Today, I'm going to be looking at nine individual sectors and analyzing each one. I am going show you a quick and easy way to tell which sectors are trending and which ones are stuck in a trading range.

I will also be looking at the top three stocks in each of those sectors that are trending to the upside.

The sectors I will be analyzing are as follows: Continue reading "Sector Analysis Can Help Your Trading"