Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump
Stock-Markets / Financial Markets 2024 Nov 21, 2024 - 05:04 AM GMTBy: Nadeem_Walayat
Donald Trump election win sends bitcoin, crypto and stock markets into a euphoric high on prospects for the forthcoming money printing binge. We may all be getting high on the pump right now but you all know it's not going to end well for most, those who FOMO into the highs, no matter how much we try game this, it's going to be a tough balancing act between how much we manage to take off the casino tables before the music stops and the SHTF!
Most missed the Trump win due to MSM propaganda and echo chambers, of course after the fact it was obvious to everyone that Trump would win, though the trick is to say and act on it BEFORE the event not a week AFTER it happens! One can't place bets on Trump to win AFTER it's happened!
Donald Pump winning has been my consistent view ALL YEAR, where I iterated why Kamala Harris taking over from lost all of his marbles Biden was not going to make any difference to the election outcome in fact regardless of the polls that consistently gave Harris a lead the exact opposite would turn out to be true, the election result was not even going to be close, a landslide win for Trump was incoming that would pump the markets, send crypto assets and stocks including Tesla to the moon so that is where the big bets should be placed.
3rd Nov -
According to MSM and pundits such as Leechman Karmal Harris has won!
According to DeemGPT (Me) it's not even going to be close, Donald Pump will win by a landslide (electoral college).
Remember MSM tells you to sell stocks at bear market bottoms and buy stocks at bull market tops, the exact opposite of DeemGPT. Anyway not long to go.....
Why was the landslide obvious to me since Harris took over ?
It's as simple as that! The Democrats infected with the woke virus picked the worst candidate that they could have chosen and hence even a senile old fool would win, had they picked a white man with an ounce of charisma then the Dems would have sood a good chance of winning!
Democrats were surprised that even Arab americans (those that voted) went for Trump instead of for HOLOCAUST HARRIS, GENOCIDE JOE & BUTCHER BLINKEN! US complicity in Israel's crimes played a significant part in ending Democrat rule, does not matter that Trump will likely be worse in terms of support for the messianic suicidal regime, it was a case of what was staring them in the face, Democrats speak with forked tongue and all that.... Though history suggests they will get well rewarded $'s for their blind loyalty to the Fourth Reich so not going to end up in the Hague anytime soon.
Litchman and his 100% correct 13 keys be DAMNED! The fool is now busy running around making excuses for why his 100% correct system got it BADLY wrong as I said he would do in my pre-election video.
The crypto markets are still pumping as i write, SOLANA busting above $240 achieving my target of a year ago! That's more than a 10X for all those who followed the analysis in my Last Chance to Board the Crypto Gravy Trains article of October 2023- Last Chance to Get on Board the Bitcoin Crypto Gravy Train - Choo Choo!
Choo! Choo!
Whilst Bitcorn hit $93k! Barley 2 months ago many Patrons were worried, some were even in a state of total despair on the drop below $60kl! So I had to hold hands so folk stayed the course, else make the mistake of exiting BEFORE the pump!
Market Brief - 3rd September
BTC $59k - My view has remained consistent since the March top that following this correction BTC targets a trend to first $88k and then 100k+ probably achieved before the end of this year where the longer this correction goes on the more powerful should be eventual upside breakout, this correction is now 5 months old so at most there could be 1 more month to go before it's blast off time by which time many will have exited crypto. especially those who use leverage and then will scramble to buy back in during the FOMO breakout or worse wait for the dip that never comes.
And not panic sell like many clowns did just BEFORE the BREAKOUT such as this fool who sold EVERYTHING on fears Bitcoin would soon drop down to $52k again -
https://youtu.be/pC9XoB-5oYc?si=riMkaNXim6pJHkCn&t=413
We need over trading fools like this to be on the wrong side of breakouts to drive the big green candles all the way to $100k as they forever wait for the dip to buy. I tortured myself by taking a look at the clowns latest video and guess what he is still all in cash waiting for bitcoin to drop, now he's aiming to buy at $84k instead of $52k!
Some patrons don't like hearing about crypto's but the whole point of what I do is to identify high probability trends to capitalise on be they in AI tech stocks or this years crypto bull market. Many patrons who did get with the programme are literally experiencing life changing profits from crypto's for the SECOND time this year, all for the cost of a cheap martini as folk turn crypto play money into real money, choo! choo!
And it's not just in crypto assets, Tesla stock has soared to $350 and has a destiny with $400 before the end of this year! Where all year I have iterated in response to patron fears during draw downs that all folk needed to know was first we will see $300 and then $400 on route to $500+ Tesla is a no brainier! Where as I often comment I fear RISING prices because no matter how much one holds one will wish one had bought more once it takes off! Six months ago when Tesla was trading at $170 I was 130% invested, now after a 2X I am down to 67% invested with more Tesla gravy train profits incoming!
CONTENTS
America's Angry Grandpa President
Trump War on Immigration WAR!
Trump Tariff Economic War
DONALD DEBT PUMP!
Trump Stock Market Road Map 2025
Why Apple Stock Refuses to Drop!
Nvidia Stock on a Stairway to Heaven Counting Down to Earnings
AI Stocks Portfolio Current State
Current Stocks Portfolio Buying Opps
Crypto FOMO Mania
Bitcoin Seasonal Trend
BItcoin Bull Market Target
Bitcoin Mind Game $98k to $104k Topping Zone
Bitcoin Bull Market Targets Redux
ALT COINS SEASON
SOLANA Bull Market Targets
Bitcoin & Crypto Corrections
MSTR Rocket Will Eventually Get Sucked Into the Crypto Black Hole
Exit Strategy - Leaving the Crypto Casino with Your Profits
The CURE for Diabetes!
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By Nadeem Walayat
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Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.
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