IMO trying to time the #Crypto market when everything is positioned in 2020 form is the highest risk approach at this point
If you conclude everything is in 2020 (which it is), then what is favorbale to come next is 2021
If 2021 is favorable to come next then the most important thing is to be positioned appropriately prior and not try to out-maneuver it
The exact timing of 2020 is not linearly aligned but the overall picture is and it's near indisputable based on all of the pairs below
It can start at any moment going forward; best to stay focused on the bigger picture and not the small picture trying to catch the perfect timing when your second opportunity at 2021 is looming
Yet it appears most are not at all prepared and doing the exact opposite despite being somewhat aware of where everything else is....
On CNN: "President Trump should hire Nancy Pelosi in retirement to manage Americans' stock market portfolios. She beat the S&P 500 by 559%. We could all be retired in 6 months."
Florida Representative Jared Moskowitz has purchased shares in Lockheed Martin, $LMT, in February, July, and November of this year. He also invested in Nvidia, $NVDA, $META and Merck, $MRK.
Representative Moskowitz currently serves on the House Committee on Foreign Affairs, a role that intersects with key defense and international relations decisions.
Interestingly, Lockheed Martin, a major defense contractor, was recently awarded an $11 billion Department of Defense contract. Lockheed Martin has hit numerous all time highs this year.
🚨🚨 CPI PPI readings are last ones before Fed meet next week,
But more than CPI PPI, Fed will look at Jobs Data carefully
The Fed's focus has shifted from strictly controlling inflation to growing concerns about the labor market, where hiring has notably slowed.
Slowing job growth and the potential for further declines in employment will decide amount of Fed Cuts