Aaron Brickman, a former Army Ranger and 20-year entrepreneur with a passion for trading market crashes, returns to the show.
- Aaron can't find a reason to be bearish on nearly any sector amid the holiday rally!
- Markets are rarely wrong - bearish investors are advised not to fight the price.
- Unpacking decades of investing knowledge and applying:
I'm personally not bearish until February. I'm obviously -- not obviously, but I'm watching the markets, but not intraday. So maybe once or twice a week, moreso weekends. Just kind of looking at the charts. There's nothing in the charts that would tell me to be bearish. I'm sure a couple of bears would try to jump in front of this train. But you and I have been trading markets for 20, 30 years. I mean, we've seen this movie so many times. This is not the time to start getting bearish. You don't want to be guessing because, as the saying goes, these markets can stay irrational longer than you can stay solvent. And that saying is exactly for these type of markets, when you are in a stuck 'up' position."
"None of the news matters, because they have an agenda. I think part of that is just cycle-based. So I got a text over the last two days, "What about this event? What about that event?" I'm like, "We've seen that. We've been in these rallies. And same thing on declines where we get into a decline and good news doesn't matter. Well, I think we're in a rally where bad news doesn't matter."
He continues:
- Chart of VIX volatility chart of S&P 500 index with analysis."I do not believe the market is correct all the time. That's how you get crashes. I mean, how correct was the market in the first three weeks of February 2020?...There's these times where the market is caught completely offsides and you have crashes. But those are the exceptions to the rule.
"...I used to be the guy [who says], 'Oh my gosh, we've been up for three days. Sell them.' Right. Or 'Oh my gosh. We've been up four consecutive weeks. Sell it.' That's not the way the markets work.
"You really need to step back and give them enough rope to hang themselves. You really need to step back, however, and just let time be the final arbitrator, not just price. The whole market is a function of both price and time. And as far as I'm concerned, we're not there yet on either of them. So just chill out if you're a bear."
- Silver is building an amazingly bullish cup-and-handle chart - suggesting a retest of record highs!
- Will a business titan, like Elon, corner the silver market to support the operations of SpaceX, Tesla, Solar Panels, The Boring Company, NeuroLink, and Optimus Robot?
- Crude oil charting analysis.
- MUST-HEAR $120 Million - Fascinating tale about the (-$40.00) Crude Oil price of 2020!
- Is Bitcoin going to $100,000 before the 2024 4th Halving - where blockchain mining rewards drop from 6.25 Bitcoins to only 3.125 Bitcoins, dropping supply substantially.
- Will Bitcoin top $150,000 in the next bull run?
- Imagine if there were only 17M mobile phones, and 8 billion customers - i.e., Bitcoin!
- Cryptocurrency, Ether is silver to Bitcoin Gold.
- Blockchain is as big as the internet, exploding higher in trillions of dollars in the years ahead.
Check out Gold-Mining, Junior Stocks List Plus Easy Bitcoin investing at https://goldseekradio.substack.com/
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
