Chris Sits Down With Jim Goddard To Talk About Spikes In Volatility Into The Sock Market, Gold, Bitcoin, And Crude Oil.
Chris joins Jim Goddard on Howestreet.com to discuss the latest moves in the markets. We are seeing a little bit of fear creeping into the market this week, which is a normal process that takes place roughly every 20 days. Money trickles in, then needs to be shaken up a bit to allow the market to reach for new potential highs.
We’ve also noticed some minor pullbacks and money has been going into defensive plays. Gold and Silver have had a roller coaster ride for the past few months but Gold has rallied his place back. Crude oil has been trading sideways but shows quite a bit of upside potential if the market can start a new rally to the upside. Though the market remains in an uptrend, there are fewer stocks supporting it as many sectors are not performing well.