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You Need to Take This Selloff Seriously
By Don Kaufman
Peanut the squirrel was a sign⦠When a crypto pegged to a martyred rodent hits a billion dollars in market cap, you know itâs a sign that the froth is getting ridiculous.
And thatâs what happened. Boom. A broad, brutal selloff. The S&P 500 off 1.5%; NASDAQâs been hit 2.6%. Volatilityâs spiking.
While these dips donât seem statistically significant - and they might not be - theyâre a harbinger of some big, big movesâ¦
Basically, traders out there are headed for the door. And that door is very small.
Letâs talk about what that means for us and how we can take advantageâ¦
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