Is there too much speculation in this "everything rally"? | Metals Mine

  • Is there too much speculation in this "everything rally"?

    From bullmarkets.co

    Everything is rallying right now. Stocks, bonds, gold, cryptocurrency. With gold flying high and Bitcoin at $11k, is there too much speculation in this “everything rally”? Today’s headlines: Can the Fed cut rates with stocks flying high? Dow’s breadth Transports are lagging industrials VIX is making higher lows Gold’s volatility and momentum Bitcoin’s momentum Go here to understand our fundamentals-driven long term outlook. For reference, here’s the random probability of the U.S. stock market going up on any given day. Can the Fed cut rates with stocks flying high? The stock market has surged over the ... (full story)

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EF5
Jun 25, 2019 12:28am
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The gold commentary is interesting, but I think bitcoin takes the cake here.

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I’m not a technical guy so I don’t give RSI much consideration, but a 1,400% avg return after 6 instances is interesting. Of course, 6 instances isn’t statistically significant and survivorship bias comes into play with this, but it still piques curiosity.
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GoldGrilz
Jun 25, 2019 12:52am
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dayum.... universe pimpiptypimp-slapped me for talking so much smack.... down 24% atm LOL be humble..be humble...

Quoting Ef5
The gold commentary is interesting, but I think bitcoin takes the cake here. {image} I’m not a technical guy so I don’t give RSI much consideration, but a 1,400% avg return after 6 instances is interesting. Of course, 6 instances isn’t statistically significant and survivorship bias comes into play with this, but it still piques curiosity.
Ats on a whole nother level!
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GoldGrilz
Jun 24, 2019 11:09pm
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shut up and buy dawg buyyyy!!!
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