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RE: Why You Can Trust Technical Analysis
The energy of economics has many influencers. Emotion being one of them. Greed being another. Man made manipulation is also apparent. Sometimes I question the entire stock market as these days it just seems to run on cycles rather than fundamentals and corporate statements. I am seeing a cleaning out of my stock portfolio regardless of the announcements and I feel something is coming and some of the big boys have already pressed their brokers for major portfolio selling in preparation. In particular the last three months. Maybe this attention has moved to the crypto sector which is highly likely and will continue for some years yet.
That's an excellent point about mainstream investors moving over to the cryptos ... that would certainly help explain the dramatic rise in the digital markets that we've seen in recent months.
Also, I'm hedged like crazy on the paper markets...I can either gain a few percentage points a year, or suffer one cataclysmic drop like we had in 2008. It just doesn't seem like it's worth the risk.
I moved out of stocks. Not entirely but I am only invested in very selected areas. Graphene tech, nano dotz, medicinal marijuana and mining stocks. Gold and Silver. Moved everything else to crypto. I have minimised and removed exposure to all else. They don't interest me any more and I don't align with it either. Blockchain is the future and I feel the stock market will have to follow suit. If you are not on the chain you are obsolete.
Yup, that pretty much sums up my portfolio!