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The bulls took out some key technical lows today, and, as of this writing, shorts are getting squeezed in a lot of places. Crypto has been very volatile over the past few days, even after Trump’s announcement of a “strategic crypto reserve” consisting of a few select tokens.
At the same time, the greenback is selling off. Does this mean all the market’s problems are solved? No… but I’d be lying if I told you the dollar selloff is bearish for stocks.
Nevertheless, the best opportunities are still abroad in, you guessed it, China – a key focus of ours for weeks now. The outperformance there is impossible – negligent, at this point – to ignore.
Still, there’s plenty of headline risk heading into this evening, so it’s important to stay nimble and keep cash levels healthy.
Here’s how we’re preparing…
