TG Watkins, Director of Stocks at Simpler Trading and editor at the Profit Pilot website, joins us to discuss the recent moves in the cryptocurrencies. We start off reviewing the difference in pullbacks and moves higher between Bitcoin and Ethereum, and the recent trade TD has discussed. Next we debate whether Bitcoin is a good inflation hedge and what it means for an asset class to even be an inflation hedge in today’s macro set up. We wrap up by getting a few stocks that TD is watching for a compelling trade setup.
Click here to visit the Profit Pilot website to follow along with what TG is trading.