Speaker 1: Let's get into the market today. We're going to be breaking down everything like Bitcoin, the AI trade. Is it time to do it? And we'll also take a look at some of the breaking news. We've got things coming in from XRP, from Circle, Ethereum. In general, I think what we're seeing in the market right now is maybe a little bit of a stall. The question is, does this perform by the end of the year? We'll break into all that good stuff with Evan Aldo, who's going to be joining me here in a moment. Before we get started on that, I do want to, of course, thank our sponsor and that is robin hood if you guys have not checked out robin hood i want you to do it right now and that of course is just jump over you guys can trade 24 7 over on robin hood and it's very easy to set up too this is something that you can get into etfs options futures obviously stocks and crypto uh this of course also has one of the best tools out there in terms of their new advanced trading tools and if you haven't checked it out you need to because it is one of the tools I think that people will be using more and more. So you guys can use our link. It's going to give you up to 200 bucks in a stock of your choosing. So use the link down below and just get started on using Robinhood. Let's go into it today. And I want to start off with Evan and look at the market in the sense of whether or not we are in the right trade or not. So I want to welcome in Mr. Evan Aldo. How are you, Evan?
Speaker 2: Doing well. Doing well. Always great talking to you, Paul.
Speaker 1: All right. So the right trade is the question. You could look at many people saying, hey, listen, I'm always looking at diversifying or maybe people are looking at pure narrative trades. And if you've been in the AI narrative trade, if you look at the S &P 500, you can kind of see we have been nothing but up for the most part over since March. So when you look at the AI narrative in general, Evan, what's your current position right now? Are you still diversified into stocks and crypto and what else?
Speaker 2: So I don't have too much exposure to AI right now. My view is that Bitcoin potentially would outperform or more very likely would outperform AI in general in the second half of this year. and potentially over the next two years because Bitcoin has been so depressed against NVIDIA. It was down about 94%, I think, against NVIDIA as of June 31st. So that was my consensus. I am still pretty heavy Bitcoin. I have Ethereum. I took some partial profits on some of the riskier crypto plays because we've jumped up a lot and I was up 100 % on certain proxies and certain things. And then I converted a lot of those over into XLE, which is the energy ETF and oil, which i thought that oil and energy would outperform bitcoin and ai potentially from october to the end of the year that's why i made that trade and so far that's been doing well now i'm planning on converting that back over to crypto you know when the time may be right that may be as soon as a few weeks up to a few months depending on how the momentum plays out so yeah
Speaker 1: you've got the u .s issuing fresh iranian related sanctions so this could be a scenario right now where we could see the energy stocks and oil in general continue to move. Are there other stocks that you've seen within the energy sector? I know this is the ETF side, but what about getting just direct exposure, something like a Bloom Energy or something of that nature?
Speaker 2: Yeah, there's a few, definitely. I mean, you know, the big ones like ExxonMobil, there's the Occidental Petroleum one. I think that's done pretty well. That's the one Berkshire Hathaway owns. So there's definitely a few, yeah.
Speaker 1: Okay, so let's take a quick look at Bitcoin. on your chart and first of all give me an insight because we saw this start to slide down it looked like it was going to lose 80k were you at all worried that we could see a sub 80k bitcoin
Speaker 2: yeah i think we probably will just based on seasonality and healthy corrections but that's not like that the worst thing in the world generally around this time that midterm kind of correction thing usually you see at least you know 10 to 20 usually it's somewhere between 10 and 20%. So 20%, which I would say probably your worst case scenario, shy of something crazy happening is price 69K. Um, you could skate by with, you know, 74K mid seventies and all likelihood you probably do come lower. And I would say the thing that would, and again, I mean, I think Bitcoin's still at a pretty good price, 82K. I mean, I wouldn't sell my Bitcoin, I'm not selling my Bitcoin here, but I think that you may get kind of some trigger waves or something on the two day, similar to kind of what you saw back here so you may come down a bit more into midterms and then into maybe end of year 92k or quarter one next year so something like this kind of the healthy correction area um is i think you know the kind of the most likely scenario so some consolidation nothing too too bad so yeah
Speaker 1: okay on that uh point with bitcoin you've got a customer or people out there right now that are considering maybe buying bitcoin for the first time time is this the place to buy it right now or do you feel like we could see something closer to this midterm election that could push Bitcoin lower to where it could create another entry point?
Speaker 2: Yeah I mean I think if you're you know the type of people that don't have any Bitcoin right now I think it's kind of foolish to try to wait I would at least try to kind of DCA right now in all likelihood you will see you know something's a little bit lower than where we are right now but keep in mind you know if you're somebody who is you know waiting at 60k and didn't get in when you know we were at peak you know extreme fear and all those things and now you're waiting now like it's kind of like you know the 60k area was pretty obvious the low 60s was pretty obvious if you're looking at fear and greed in history now is still a good place so dcaing from now until end of year makes a lot of sense especially if quarter four has more weakness as it typically does in these midterm election years.
Speaker 1: Before we get into Ethereum, I want to take a look at this right here because I think this might surprise people a little bit. And that is what's going on with Tom Lee because this guy just will not stop. He is absolutely, I mean, come on, 5 ,000. He's still calling for 5 ,000 end of year on ETH. Now chart ETH for me and tell me this makes sense to you. or does it?
Speaker 2: Yeah, he makes sailors sound very bearish here. I mean, yeah, you know, in all likelihood, you do your typical kind of correction. I mean, I guess there's a possibility we could skate by with a $2 ,300 bottom, but I think somewhere between $2 ,000 to $2 ,100, you probably hit these areas. And then into the end of the year, hopefully recovering back to where we are right now. Maybe $3 ,000, you know, something like that would be kind of more realistic. I don't know where Tom Lee really comes up with these numbers. Didn't you say $50 ,000 the other week? It feels like they change a bit well
Speaker 1: no it's no he his long -term outlook is 50k on e uh which i'm still trying to put my head around the other well part of it is within fundstrap but i think his listen he's talking his book for many of you guys that are brand new to crypto and maybe watching our show for the first time just understand that bmr is nearing in on five percent of the supply of Ethereum. When that occurs, and he's even gone on record saying that they're going to stop buying and they're going to continue to just earn performance, I think they're going to start shifting into some other tokens, probably something like Solana and a handful of others. But Evan, I want to play this video for you real quick because this is essentially where I think he is looking at the market in general, but you'll understand maybe his thesis behind this. Here we go.
Speaker 3: Yes. Good morning, Joe. That's right. I think going into last week's job support, the market had been working with a maximum hawkish Fed, one that was going to raise three times, including a 75 % chance of an October hike. This jobs report has been softer. We get an inflation report in two weeks for September. It does, in our view, we believe there's these one -offs rolling off. And so I think there's, over the next six months, softer readings on inflation. And that allows not only the Fed to kind of walk back, from its hawkishness,
Speaker 1: but
Speaker 3: I think it's going to allow bond yields to actually sort of.
Speaker 1: I want to stop it right there because he said softer inflation over the next six months. Are you in that camp of that we could see softer inflation in the next six months?
Speaker 2: Yeah, probably, probably. I do think your yields are getting ready to start to finally head down a little bit. It
Speaker 1: would make sense. Look at the 30 -year there, 5 .6, 10 -year holding at 5 .283 and the five -year at 5 .057. So,
Speaker 2: I
Speaker 1: mean, this would, I talked to Rebecca Walzer yesterday and she, you know, off camera, her and I were kind of going back and forth and she said a lot of investors are now looking at these bonds as an alternative. The problem, and she pulled this out in the episode we did yesterday that I think a lot of people miss. If you don't take that bond to maturity, you end up losing money on these deals rather than if you're out there trading in the market. So just be aware of that. If this is a rotation going into bonds versus maybe holding into other assets, including risk, be very careful with that. Now, with him saying that is that inflation could get softer, you think it can. Listen to the rest of this. Here we go.
Speaker 3: normalized because the inflation sort of uncertainty starts to ease. And I think there's a lot of clues because I think tech stocks making new highs and crypto doing so well, these can't do well in the face of tightening monetary conditions. So I think that they're anticipating easier financial conditions ahead.
Speaker 4: So you're reading the tea leaves in different markets for what's going on. That would be significant, Tom. So when you said yields will normalize what do you think of normal yield
Speaker 1: all right so yields are going to normalize uh he's basically saying this is going to be a little bit less pressure from the fed and it looks like right now there's going to be a no change coming this month in october how much of an impact do you think that has on crypto broader markets
Speaker 2: so a lot of times when you see a change or a change from what they've been doing it's the last one they obviously raised if you see a no change i think that's going to be bearish i don't think it's going to be as bullish as people think i think it could be bearish temporarily like until after midterms maybe a month based on seasonality nothing too bad like i said i'm not that bearish i mean i think they're going to go to 69k maybe retest the weekly 200 which would be in the high 60s low 70s by the time we hit that something like that you likely would see trad fi cool off a little bit too you could see a five to ten percent correction for the s &p 500 between now and end of year it would make sense with seasonality and And then I think once you get to quarter four or the FOMC meeting after October's FOMC meeting, then you could start to recover and see more upsides. Well,
Speaker 1: you look at the general market. Charles Schwab just rolled out Bitcoin and ETH for trading with 40 million clients. 40 million clients, guys. Just think about that for a second. Their fees on crypto are going to be 0 .75 % per trade. That's fairly competitive. and here's the other thing they've got plans to add solana avalanche chain link this year so by end of year you're going to be able to trade any one of those solana avalanche a chain link bitcoin eth which is pretty big deal because even if you compare that to other trad fi exchanges out there something like a fidelity this has been very competitive i think in the sense of the market in general do you not think evan that that is going to draw in more traditional finance people into crypto and start to move the market
Speaker 2: yeah it probably december december and then quarter one definitely for the next couple weeks next month probably not too much
Speaker 1: okay i
Speaker 2: would say
Speaker 1: when you look at okay so let's chart e for a second because this is and i want to i want to go past year end here here we are mid -october uh you're basically 75 days out when you look at ethereum in general where do you point this year end and q1 now
Speaker 2: so yeah year end i would say well i would say temporarily like from now to midterms a little bit lower we could get away with this bottom year end probably where we are right now for lucky maybe 3 000 now here's where it gets interesting quarter one quarter two hopefully 4 000 i'm looking at some big you know kind of upside. 4 ,000 could be our quarter one February, March, if we're lucky. I
Speaker 1: think
Speaker 2: 2027 is going to be a good year.
Speaker 1: What's your thesis for that right now? Because you have Paul Tudor Jones calling for a really bad 2027. Now, granted, he's talking about TradFi markets. You have Tom Lee saying we're going to get the biggest face -ripping bull run we've ever seen. What's your thesis on why ETH could see a new high in Q1?
Speaker 2: So seasonality, number one, once you get through that correction, then the fundamentals are pretty good on ETH, you know, like you mentioned, Schwab and a lot of money potentially going into it. So those two things. Also, I mean, usually those are two different extremes. You know, Tom Lee, that's extreme bullish. Walter Jones, that's, you know, very big. Like, it's usually somewhere in the middle. Like, it's usually bullish, but not as crazy as, you know, people think. So
Speaker 1: that
Speaker 2: would be the main consensus, I would think. Yeah.
Speaker 1: Let's do a round of potential tokens for people. One I want to take a look at has been Uniswap. This is a trade we've been in and out of, but Uniswap has pulled back here recently. You look at Uniswap holding at 740 right now. This thing was trading above 10 bucks, had spiked up to what was almost, what was it? Yeah, just a little, almost $11. dollars is this a trade you would make right now would you make a uniswap trade today
Speaker 2: uh potentially you know i'm waiting probably i'd probably give it a few more weeks the thing that i'm waiting for is kind of this two day right here so see this trigger wave that formed this momentum wave you know kind of a momentum shift and we saw right here and that was a big jump up after this correction so we could have gotten away you know this is enough where we could have potentially hit a bottom best case scenario 36 that's cheaper you know for somebody who likes uniswap this makes sense i would be a little bit more inclined to wait till this vwap starts to come up give it a few more more weeks of momentum potentially around the beginning of november around midterms so maybe you get one more little drop down or something then you continue forward but no i think i think this is good pretty good discount yeah i think this is pretty good
Speaker 1: okay Okay. We talked about the AI trade earlier, near protocol, hitting all -time high or most recently, now trading at about $5 .25. And it's been somewhat sideways here over the past few days. Is this something that you would continue to hold if you were holding near? Because we hold near right now. So this is more for me. do you hold near right here or do you look at an exit take some profit and um maybe move along where would you where would you play near right now
Speaker 2: yeah it's definitely a hold and i think crypto in general is definitely a hold right now you're still at a significant discount for anything that's got good fundamentals i mean let's look at this i mean you're still significantly below the all -time high of twenty
Speaker 1: dollars yeah almost nine bucks a
Speaker 2: long time ago um but yeah i mean short term it's likely you see some type of correction maybe down to four bucks or something of that nature probably nothing too too bad though um just based on seasonality a lot of things you are losing some momentum so i mean i would be more inclined to look for maybe an entry down here and that same thing it's you know similar on a lot of these time frames once you get kind of an anchor wave once you lose momentum on the two day which you likely will over the next month or something they get a trigger wave coming up like this that's when things start to look a lot better especially if you were to come down maybe high threes and then that's your quarter for correction and then you kind of recover into the year early next year so yeah
Speaker 1: okay well with that being the case you you have two things that could happen one we could see a major ai reversal trade that could impact some of the ai cryptos and we could see bitcoin e solana pop off in general uh did you hear solana got their event canceled in in china did
Speaker 2: you
Speaker 1: see that
Speaker 2: did yeah that a little weird but i don't know so well they
Speaker 1: launched and then they took over a building or i don't know how they did it but uh brilliant marketing on solana's part but at the same time uh the chinese These officials came in and shut it down, which was not surprising. You know, CZ was even commenting on this. I don't know.
Speaker 2: I
Speaker 1: wonder if he, huh, that's interesting because he kind of called it out that he, BNB, Binance, was not able to get something like that done and that he was surprised that Solana was able to. But you got break point coming up next month in November. What about Solana? Let's take a look there. Give me a year -end price for a Solana. Right now it is on the move. back up reclaiming i think 105 yeah
Speaker 2: i mean best case scenario here for your year in price probably 140 if things go really well 140 to 150 if things go really well this is looks stronger than some other things because you have a similar situation here yeah you have that jump up so if the same things happens you're looking at 150 now based on what we normally see in these midterm election years you know there's a decent shot you could come down in 97 again potentially coming down in 90 um all that would do is probably delay the inevitable getting back up to 150 these areas you know instead of by any year it's probably quarter one or quarter two of next year um you know more extended out if that does happen so i think one of these two scenarios is more likely based on seasonality and kind of what we're seeing you know probably you correct a little bit more at least and then you kind of recover so i mean in the grand scheme of things great buy here at $100 obviously heavily discounted I mean so yeah it looks good overall
Speaker 1: what is your pick for this bull run if you're looking your and I only want two altcoins I know you're going to pick ETH and Bitcoin so throw those out two altcoins what's your picks for this bull run
Speaker 2: Solana could be one of them and if you look at ETH Solana versus ETH that's what came to my mind it's been outperforming ethereum so as long as you hold these lows here i do think solana can make can be a big huge huge player here um in terms of another all coin oh man i'm trying to think trying to think here uh maybe maybe chain link all
Speaker 1: right all right
Speaker 2: maybe um that's one i've kept my eye on as long as you can hold 11 i would you know be optimistic on this so maybe Maybe
Speaker 1: my I have to I still think Uniswap and Jupiter are going to end up being major plays in this neck. Now, those are, you know, considerably different, you know, market caps than what we're talking about in the top 10. But I'm still holding positions in both those tokens, and I like both of what they're doing, you know, from an ecosystem standpoint. But more importantly, what I like is the fact that we are seeing real advancement in both of the apps, which is going to increase adoption, I think. Uniswap obviously picking up on the ETH bandwidth or ecosystem, and then, of course, Jupyter within Solana. Both those, I think, could be doing very well for sure. uh let's talk about this right here and that is the cross river deal with ripple so cross river bank and everybody remembers this is one of the you know crypto friendly banks out there but they're now embedding ripple uh rl usd ripple's usd stable coin on the xrp ledger into its core banking infrastructure which is expanding faster payment now i know many of you guys say well paul you just did a video that said, you know, XRPL is not getting adopted. And, you know, to this point, it still is not. These deals that they're making are great for, I think, Ripple and maybe long term, definitely as we start to see adoption happening. The real question is how long before that occurs when we actually start to see transactions coming in. Because when you look at the RLUSD stablecoin, we haven't seen a lot of growth in it. And that has been the concern I've had. I love to see these kind of things, but what does that do to the XRP price right now? Remember, Ripple's still holding a ton of XRP and they divest a certain amount every so often. So you just have to look at the amount that they're starting to sell, obviously to fund operations and acquisitions and partnerships like this right here. XRP, chart XRP right now and give me a point by end of year.
Speaker 2: Yeah, I'd love to. So XRP looks better than a lot of things right now. You're making a higher low right here. That looks pretty good. Your daily has some potential. Your daily has some potential. And even if you do, I mean, I don't think you're going to go back to that 114 here. Even if you do go a little bit lower here, it's probably going to be some type of double bottom and your two day is going to save you. So, I mean, end of year, it's tough to say exactly, maybe $1 .50, maybe $1 .60. I don't think you're in a breakup to, you know, $2 by the end of the year. I think that's more of a quarter one, quarter two type thing, but I think if all goes well, $1 .60 potentially.
Speaker 1: So, okay. Well, that'd be a pretty big reversal, you know, for XRP. granted if you were looking at xrp you know for the bull run you know in potential of playing it as one of your primary tokens or let's say your top five where would you say it's possible for xrp to go do you think it reclaims its uh all -time high here in the next six months into 2027
Speaker 2: uh so next yeah into 2027 let's see how much that is i mean it's not impossible no because Cause that's only, you know, a little over, you know, 160%. That's not impossible. So, you know, you would see an upward trajectory in 2027. You see a complete upward trajectory, you know, it's probably not going to be as crazy as over here, but you know, like a situation like that, that's not surprising. And that would be, you know, from where we are right now, that would be early 28. So something like that. I mean, probably not an all time high.
Speaker 1: Yeah.
Speaker 2: That's more of a quarter four thing, early 2028 type thing. It would probably take a little bit of time. So, yeah, but I think it could, you know, I would say 240 is definitely a great goal for, you know, next year, almost a double in the next 12 months. I think that's a good goal. If all goes well, I mean, this thing does, this thing moves weirdly. This thing moves crazy at points. So this one's a tough one to predict. I mean, I wouldn't put it, I wouldn't put anything past XRP. Well,
Speaker 1: think of it this way, too, because they launched support for institutions now on real world asset perpetual swaps. If we see major institutions going in that direction, which I think we will in 2027, and especially now, because remember, I think it's October 20th that the SEC ends its era for basically open comment on many of the rules that it's citing right now. Once that occurs here in next week, I think you're going to see some big announcements coming from all sorts of blockchain projects out there, because I think at that point, everybody will understand, OK, this is the this these are the rules we're playing by and they're going to start launching some projects. And you look at perpetual swaps on the institutional level, this could be, I think one was out there, it was called Virtu, which is trading on RWA swaps. That's in a position, I think, that could really get going because you're talking about ETFs, metals, energy, FX. This could be everything. So pretty crazy stuff. And that could definitely affect, obviously, the future of XRP. Another thing that could affect the future of crypto in general is what's happening right now in the banking system. And when you look at the banking system, one of the things that I look at, look outside the U .S., okay? And I want to show you guys this news right here, which is Deutsche Bank. Deutsche is now preparing for crypto custody, and they're going after Asia. so when you look at asia being the market here you're in asia you know what's going on over there
Speaker 2: yep
Speaker 1: how do you think asia gets into a position where it becomes the mecca for crypto instead probably
Speaker 2: you know it's gonna it's gonna take time but because the population is so large in asia it's 60 % of the world's population is in Asia, basically. So because it's so high and they're getting there. I mean, a lot of these, I know it's illegal in China, but a lot of the main cities in China are completely cashless. They're completely electronic payments. So it's getting there. And a lot of these other, even countries like Thailand, they're taking initiatives to pay electronically. So I think it will be within the next 20 years. That's just based on population and based on obviously the east is trending upward.
Speaker 1: I
Speaker 2: hate to say it, the west is not declining. The east is trending upward in the last 20 years. Unless that trend changes significantly, Asia is going to be the neck of crypto, yes.
Speaker 1: It's going to be a major, well, that's why we're seeing so much activity in Japan, Hong Kong, this, of course, happening in Bangkok, which is absolutely on fire. Okay, so you've had a chance to talk to people in Asia and many countries. How many countries have you been to in Asia?
Speaker 2: I've been to quite a few, at least five, six, seven. I don't know the exact. Yeah, I've been to quite a few.
Speaker 1: What is the street level narrative on crypto right now or their temperature? Is it very positive? Would you call it neutral? They look at it as this is the future. Where do you think they stand?
Speaker 2: They're positive on it, man. Definitely positive. You see the BYD electric cars all over. Sometimes you'll have a taxi driver that's looking at a damn chart on his on his byd car on your your three dollar uber your three dollar grab ride so yes i i think overall they're they're they're on board they're on board i think man you know obviously a lot of people don't have the means to be buying crypto unfortunately a lot of the developing countries but i i think the people that do have the means they're they're on board yeah
Speaker 1: well that that has always been my question is is what is the affluency level when you look at the number of millionaires that are being printed in the United States every day. That is millionaires that are going into the market. And those are instrumental, I think, in terms of adoption and growth. We don't see those kinds of numbers coming out of Asia, the Middle East, even Europe to a certain extent. The United States leads in terms of printing millionaires. So I guess the key there is it's just gonna be pure population is what you're saying.
Speaker 2: I think it's population. And I think a lot of the millionaires in the US are mainly because the stock market's done so well. It's a lot of middle -aged people. And I think the younger generations, because if you look at younger generations in the U .S., they overall did not have the opportunities that their parents had. It's the complete opposite in China, Vietnam, really everywhere in Asia. The younger generations had much more opportunity and a much better life overall than their parents' generation. So I think those younger generations, I think Asia's really gonna develop a lot. And I think those younger generations are going to put money into crypto and those things. And yeah,
Speaker 1: Evan, let's take a look at Circle. Circle is now pushing into, speaking of new markets, 40 new markets. This is a big deal because it starts to pretty much translate to USDC becoming a global currency, in essence, and pushing U .S. Treasuries, which would support the dollar. if you look at circle it's been doing great on the charts but is this a stock you would go into right now would it would this be the one for you
Speaker 2: circle is interesting let's take a look at circle here because circle is one that i held i took some profits on it i still had a small position in it it looks good man yeah i mean i like the two day here i mean it could be a little bit premature but if i had to guess here you know it makes sense yeah circle makes sense um you're making me want to buy more circle right now i mean yeah you're making me because this is some good momentum here three days to confirm on that you know yeah this looks good this looks like one of the best things we looked at you just got to be careful because you're on you're on some thin ice these things you know sometimes they do crash down farther but no this looks pretty good this looks pretty good overall yeah
Speaker 1: we called that uh that purchase for circle um back at what let's see let me see where my chart is. Yeah. Right at, um, yeah, around $69 was our call last call, um, on circle obviously had that big day yesterday, uh, spiking, but definitely coming into a zone right now. I think the question is, is does it get back to its all time high anytime soon? Do you like the, an all time high in, uh, 2026 or 27
Speaker 2: this year? No, not this year, but, um, it's going to take time and i mean you know it's probably gonna be a gradual incline i mean usually if you just draw you know this is kind of the healthy trajectory oh wow yeah no i could
Speaker 1: look at that look
Speaker 2: at
Speaker 1: that chart yeah
Speaker 2: yeah it could if you were to i mean maybe next year you know middle of next year at the earliest probably i would say it could yeah mid to late next year why not this
Speaker 1: is one of the bigger plays that uh we are in and have been in for some time and we're going to continue to ride this one for sure. Which reminds me, if you guys have not joined in on our free newsletter, make sure and visit Paul Barron Network. You guys can, of course, get into our regular email that comes out to you. It's our full -blown research. We do it here on the show, but most of the time we'll release it to people that are on our list early. So if you're on the list, you guys can, of course, jump in and do that. It's absolutely free, very easy to join too. Let me pull up the site for you real quick and you guys can take a look, but just jump over, just become a Market Edge member. It's very easy to do. You get a once a week email. If you want to get into our other layers where we actually do some calls for you, you can do that as well. We've been, of course, giving you some calls and all that good stuff, but you guys can do that. Absolutely easy to do. There's our levels, which is Ruby and Forge, which is all of our research for everything that we're doing. Evan, the market right now in terms of, are you bullish for the rest of the year or are you in a holding pattern?
Speaker 2: I'm more crabbish for the rest of the year. I do think we can solve a overall from now until the end of the year. I think the quarter one's going to be it this summer could be good though it's hard to say it really is hard to say i think it's very foolish to try to sell big one right now significantly below an all -time high i think this is still a buy dca area seasonality and midterm elections and all that type of stuff would probably tell you we will go at least a little bit lower but there's nothing considerably major you know that concerns me right now market still looks very good in the macro
Speaker 1: um i am very bullish through the end of the year. I think we may have a post midterm run. So look for mid November into December like you're kind of leading to. But I think we may actually have a very healthy run because I anticipate that there could be some major changes on the front in the Middle East. And I also anticipate there will be some major changes with the Fed's narrative going forward, especially on the outlook for the December FOMC. So be on the lookout for that December FOMC. That's when I think you'll see the term starting to set up. And then also just in general, the bullish nature of what's going on with the SEC and the CFTC make me much more bullish into the end of the year. If you guys want to visit Evan Aldo's YouTube channel, you can do that. Just search Evan Aldo. He does Bitcoin trading, macro allocation strategies, all that good stuff. What are you offering right now besides trading tactics? Do you do anything else within your platform?
Speaker 2: It's a lot of macro allocation. Yeah. A lot of trading. It's mainly, you know, longer term swing, momentum swing trading.
Speaker 1: In
Speaker 2: addition for people who aren't really traders, it's macro allocation where you're only doing, you know, one
Speaker 1: trade every few
Speaker 2: months. Yeah. Following kind of, yeah, the base of the momentum, essentially building portfolios. So, yeah,
Speaker 1: I love it. I love it. All right, guys, we're going to catch you next week. I'll be back in studio. We've got a lot of new guests coming on next week. So make sure and subscribe to the channel if you haven't done that already. And we'll catch you guys later. If you like this video, hit like and subscribe, drop a comment down below, and also join our free private member group. The link is in the description.