-->

Bearish, But First…

Post a Comment
 
   
     
   
 
SEPT 26, 2023
 
   
GUY COHEN’S MARKET INSIGHT
Bearish, But First…
 

Last weekend I called bearish albeit with low conviction, which looked spot on until Wednesday when the bottom fell out of the market.

But in any case, the direction was perfect!

The market is now short-term oversold, so I wouldn’t be chasing it down just yet until it rests for a few bars.

Read on to see why I felt bearish was the most likely direction.

Here’s what my indicators are telling me about the major indexes:

 
S&P 500 - SPX is between its 50- and 200-dma’s, with possibility for further drop , but as I mentioned earlier, I’d like to see it rest for a few bars first.
 
Nasdaq 100 - Same as the S&P.
 
Russell 2000 - The IWM has dropped well below its 200-dma
 
Dow Jones - The DIA is close to its 200-dma 
 
Follow the money,

— Guy Cohen
JEFFFRY TURNMIRE
The Future of Work: How Cryptocurrencies Are Changing the Freelance Landscape
 

Imagine a world where freelancers can work from anywhere, getting paid quickly and securely, while easily tapping into job opportunities from all around the globe.

That world is here, thanks to the transformative power of cryptocurrencies. These digital wonders are reshaping the way freelancers work, earn, and connect in the gig economy.

Freelancing has exploded in popularity, offering individuals the flexibility to work on various projects for different clients.

But the traditional payment methods for freelancers often come with delays, high fees, and the hassle of converting currencies.

Enter cryptocurrencies, the digital money that's changing the game.

Cryptocurrencies offer freelancers a way to receive payments faster and with fewer fees. Imagine completing a project and getting paid within minutes, no matter where your client is located.

It's like having a global payment system that works around the clock, making the process smoother and more convenient.

But that's not all. Cryptocurrencies provide freelancers with more control over their earnings.

With traditional payment systems, intermediaries like banks and payment processors hold the reins. Cryptocurrencies cut out these middle folks, allowing freelancers to manage their earnings without anyone else calling the shots.

And then there's access to the global job market. Cryptocurrencies make it easier for freelancers to find work opportunities from anywhere in the world.

Platforms are emerging that connect freelancers with clients, and payments are settled using cryptocurrencies. It's like having the world's job board at your fingertips.

As cryptocurrencies continue to gain traction in the freelance landscape, freelancers are finding themselves with more choices, more autonomy, and more opportunities.

They're no longer bound by the limitations of traditional payment methods and can focus on what they do best: delivering quality work.

But freelance isn't the only thing being revolutionized by Bitcoin. Investing is another area being transformed.

In fact, I've uncovered a fascinating monthly Bitcoin opportunity that you can be a part of without even leaving your standard brokerage account.

I recently shared all the details in a webinar with a small group of traders.

This unique opportunity is tied to a "Bitcoin window" that opens near the end of every month, related to the challenges faced by Bitcoin miners and their ungodly expensive electric bills.

This is a chance for you to learn how to capture Bitcoin's moves without ever  leaving your regular brokerage account. And the monthly profit window is open now!

Click here to watch the presentation.

Hope you enjoy it,

— Jeffry Turnmire
___________________________________________________
   
 

Related Posts

There is no other posts in this category.

Post a Comment

Subscribe Our Newsletter