Fabulous Fridays with the PPT and Nick Santiago (Ep #339)

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.

Today:

1. Markets ended higher again. I call this the Friday effect. Consumer sentiment plunged to 66.8, lowest level in 10 years. Volume remains light. It’s the reverse of the way it used to be before 2009. It’s options ex and bonus time is right around the corner. Beware.

2. Gold/Silver Silver reverse head and sholders means happy days are here again for silver bugs. Next week is options ex so beware, metals have been getting. Nick’s $1860 level was met and exceeded. Can it continue or is it over-bought? Patterns are positive. $1875-1880 is a key point and if it triggers, new all time highs in the offing. The patterns unfold.

3. Bitcoin down 1 percent after making new all-time high. 70k or bust.

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