3 Growth Stocks Bucking the Market’s Bitcoin Blues for Big Gains

June 1, 2021 Forget Buy-and-Hold Strategies Future of Wealth Head Trader Lance Ippolito just revealed how he spots trades with the potential to return upward of five times his initial investment every single month. Not only does this strategy protect his portfolio from long-term volatility, but it gives him the chance to bank massive winners in just 24 hours. We've never seen anything quite like this before. With Lance's Weekly Blitz Alerts, we can throw old buy-and-hold strategies out the window. And forget spending hours reading through pages of earnings reports and squinting at stock charts. See His Strategy in Action Volatility Dragging You Down? 3 Stocks to Stabilize Your Portfolio When people think about trading or any other type of investment strategy, the last thing they tend to think of are utility stocks — and that's a mistake.   They're just not that flashy or sexy, so they don't get as much TV time. I mean, they typically don't have great stories associated with them. Utilities experience less volatility than the overall stock market most of the time, and they aren't exactly known for being high-flying tickers — like FAANG stocks or big tech names. But even in a bad economy, we still need utilities. So now, I'll show the best utility stocks to trade…  And why they just might deserve a spot in your portfolio over names that thrive on consumer spending, which will see their revenue plummet when spending is down. Utilize These Stocks 3 Growth Stocks Bucking the Market's Bitcoin Blues for Big Gains I'm at my trading desk for a dive into Bitcoin's strange correlation with the Nasdaq 100. It's been so long since I've had to pull up a chart of Bitcoin futures that they went and changed tickers on me from XBT to BTC. But sadly, Bitcoin is moving and influencing the U.S. stock market — and more specifically, risk-on growth stocks. Last week saw another good old-fashioned Bitcoin flash crash that blew up every casual trader's account… right before it bounced about $10,000 off the lows. At the same time, the Nasdaq made a similar move with a big bounce right after a hard sell-off. But I'm Finally Seeing a Break "During the last 3 months I am listening all your webinars and was inspired by your trading background and competence. Now I am thinking that finally I see the light at the end of the tunnel." Sergey V. The Squeeze is the central concept of Bollinger Bands®. When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in volatility and the greater the possibility of exiting a trade. However, these conditions are not trading signals. The bands give no indication when the change may take place or which direction price could move. John Bollinger suggests using them with two or three other non-correlated indicators that provide more direct market signals. He believes it is crucial to use indicators based on different types of data.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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