As I wake up to a new morning and glance at the heterogenous quote screen, I see that NASDAQ is nasty…….
Bitcoin is Blessed……..
Gold is Garbage………
Honestly, the juxtaposition is striking. Precious metals have become one-ply toilet paper, whereas crypto (whose charts I was praising yesterday) seems to be the permanent big kid on the block.
But if one thing is going to drag the whole stinking thing down, it’s the grotesquely-overvalued tech sector. I sure hope so. My virtual reputation depends on it.