The Yen and Semis

Statsedgetrading

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Bitcoin

Bitcoin is knocking on the doors of its all-time highs, touching peak prices and getting nudged back down likely by older whales taking profits. Expect some choppiness around these levels.

Ethereum and Altcoins

Ethereum is trailing Bitcoin but steadily approaching its own all-time high. As we near these peaks, it's wise to take some profits to cushion potential declines. I own some Ethereum and crypto stocks and will look to trim for risk management.

The Yen Rebounding?

The yen could be positioning for a comeback, especially if short-covering rallies occur. Keep an eye out if you're short yen.

The Mighty Dollar's Dilemma

The US dollar index is hitting resistance which could give stocks more room to run if the dollar declines from here. The British pound is breaking out and could be a long play if dollar rolls over.

Precious Metals Update

Gold continues flexing with a breakout, though it's overextended short-term. Silver is dramatically underperforming which points to a flight to safety.

Indecision Creeping into Stocks

Indecision is appearing in the markets with doji candlesticks on major indices like S&P 500. Next week will be pivotal in determining the market's next move.

Names to Watch

If the market corrects, I'm watching HEI 0.00%↑ , WYNN 0.00%↑ and LFST 0.00%↑ for pullbacks to key levels as potential opportunities.

Not investment advice. Just some dude on the internet