Tune in live on Facebook, YouTube, Periscope, or Twitter today at noon ET to watch this week’s The Cody Willard Show. You’ll also be able to watch a replay on those channels and we’ll be publishing it each week in podcast form on iTunes and Soundcloud. And, of course, I’ll send out a transcript of each show exclusively for Trading With Cody subscribers.
In the meantime, here are a few headlines for you with a little Revolution Investing analysis on each too.
Gold on the verge of first tumble into correction territory in nearly 2 years – Gold? What’s gold? Gold’s out of favor right now, which means it’s probably getting close to be a good trade. I can’t hardly remember the last time someone asked me about investing in gold and silver other than a brief question from a Trading With Cody subscriber yesterday about gold miner stocks. I own some gold coins and bullion that I’d bought a few years ago so I’m in no rush to buy more, but I’m putting gold higher up on my watch list for now.
Bitcoin’s mad 10% spike could have been a short squeeze – I love that nobody can find a good reason for the 10% pop in bitcoin today. Is The Great Cryptocurrency Crash, that I’d predicted in my book that I published when bitcoin hit $20,000, over? Probably not. If you’ve in pain or losing sleep because you’ve been losing big money on cryptos, you might want to consider selling some into this pop and catching your breath. I nibbled some cryptos a few weeks ago to start building out my own personal crypto portfolio a tiny bit, but I sure wouldn’t chase and buy into this pop today. I imagine there will be more crash and more pain in cryptos before The Great Crypto Crash is over.
EU fines Google $5 billion over Android antitrust abuse – Android, as I’d noted in the Latest Positions review yesterday, is so key to Google in the long-term. Google will play the game with the regulators to keep their duopoly with Apple in smartphones alive.