Market Watch For May 24 – June 4, 2021 – New Month – More Fireworks?πŸŽ†

Market Watch For May 24-28, 2021 – The End Of The Crypto Bull Run? πŸ‚πŸ»
May 22, 2021
Market Watch For June 7-11, 2021 – An Upward Drift in Stocks + A Potential Sell-Off in Cryptos
June 5, 2021
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This past week the crypto markets took a bit of a breather and the equities markets continued to grind higher on some very lackluster trading.

The month of May is pretty much in the books and the first trading week of a new month can often have some note-worthy moves as traders and investors jockey for positioning.

Here are some of the ideas in this week’s video:

  • A breakdown of the VXX and VIX futures to see we go from here
  • A rundown of the major indices and why it looks like we’ll get back to ATH’s
  • Why I’m now getting wary of the highs in the TSX
  • The potential for the EEM to play catch up
  • Homebuilders looking extended and why we may see rotation out of the cyclicals/reflation trade and back into growth
  • How the DXY and US 10 year yields look like they’re heading lower but watch out for an upside surprise
  • The continued strength in gold and how that we may getting long in the tooth
  • Bitcoin and Ethereum – the scenarios for more selling or consolidation
  • DOGE looking to short

 

Market Watch For May 24 – June 4, 2021 – New Month – More Fireworks?πŸŽ†

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