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[2020] A little stock market sense

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Crypto's look like they will be hit with an executive order this week. I'm not sure what this actually does to crypto prices but government interference probably isn't good.

Bill

Biden to order studies on regulating, issuing cryptocurrency -source

U.S. President Joe Biden is expected to sign a long-awaited executive order this week directing the Justice Department, Treasury and other agencies to study the legal and economic ramifications of creating a U.S. central bank digital currency, a source familiar with the matter said on Monday.
www.reuters.com

The Biden order, likely to come on Wednesday, comes amid heightened concern about the use of cryptocurrencies by Russian elites to circumvent Western sanctions that have cut Russia off from large portions of the global economy, and moves by China and other economies to create their own cryptocurrencies.
 
CO skier said:
If you feel "more dips are coming" why are you (did you) buying now? That is what is confusing.
Click to expand...

Kurt's is an investor that is in it for the long haul and actually that seems to be a sound investment strategy. Traders are sitting on cash waiting for the nut and that seems to work in times like now.

Bill
 
CO skier said:
It will be a "nothing burger".
Click to expand...

What is your thought on this ? I think the only thing they can't regulate is wallet to wallet transactions but they can force coinbase to disclose transactions and identities. They could also restrict the internet lines because of National Security. That would be a cryto problem.

Bill
 
easyrider said:
Kurt's is an investor that is in it for the long haul and actually that seems to be a sound investment strategy. Traders are sitting on cash waiting for the nut and that seems to work in times like now.

Bill
Click to expand...
My comments were not directed to you for a response.
 
CO skier said:
If you feel "more dips are coming" why are you (did you) buying now? That is what is confusing.
Click to expand...
Simple -- because I am not an oracle. If I had perfect knowledge of the future, I wouldn't be hanging around here, I'd be on my private island living the good life. Still don't understand why you find that confusing. :shrug:

Kurt
 
Was anyone watching nickel ? It looks like a short squeeze. Trading was halted. I was going to get in on this but I'm unfamiliar with buying nickel and there are too many etf's so I passed.

Bill

file:///C:/Users/easys/Downloads/TRADING%2022%20057%20NICKEL%20MARKET%20UPDATE_.pdf
 
Should have bought energy stocks


WSJ
5/20/2022

"energy stocks like Exxon Mobil Corp., Chevron Corp. and ConocoPhillips have climbed more than 40% this year"



S_P__060227.png
 
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Biggest Opportunity Of The Year: 3 High Growth Dividend Stocks To Buy Now


3 High Growth Dividend Stocks To Buy Now

The market could be on the verge of going a lot higher. Many high quality stocks are still trading at bargain prices. See 3 great buys here.
seekingalpha.com

Might be behind a paywall or requirement of free registration

Richard
 
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