Are you feeling it?
There’s usually a particular mix of anxiety and excitement surrounding stock market suspense.
And now that we’re in the final stretch of 2021, many investors are wondering how the fourth and final quarter of the fiscal year will play out.
To get some insight, I turned to Weiss Ratings research analyst and resident “whiz kid,” Sam Blumenfeld.
Sam says the Federal Reserve will be a powerful driver when it comes to profits:
I think it’s wholly dependent on the Fed and expectations on inflation, and the central bank’s intervention on the equity markets. And the Fed is calling for inflation to be transitory, due to the supply chain disruptions, but we are seeing several factors and data that’s showing inflation could be hotter and last longer than the Fed previously expected.
Sam works closely with senior analyst Sean Brodrick on several publications, including Wealth Megatrends and Supercycle Investor.
Subscribers are seeing success with Sean’s and Sam’s stock picks in the oil industry, where crude oil prices just hit a seven-year high, jumping above $80 per barrel:
Those picks have achieved solid gains. We have production increasing, going back above pre-pandemic levels. Prices are rising due to a combination of inflationary pressures on commodities, supply chain disruptions, labor shortages — and there’s also increasing demand from a recovering economy.
Sam also contributes to Weiss Crypto Alert each Friday, when he tracks the performance of the two largest cryptocurrencies by market capitalization: Bitcoin (BTC, Tech/Adoption Grade “A-”) and Ethereum (ETH, Tech/Adoption Grade “A”).
In this special five-minute video segment, Sam delves into Bitcoin’s dominance in “Uptober,” as the King of Crypto continues to carry the broader market higher.
Sam explains the dynamics at play in the booming $2.4 trillion industry:
We’ve seen significant price action for Bitcoin and altcoins (any crypto other than Bitcoin).
Bitcoin has outperformed the broader market, as its market dominance has increased from roughly 42.5% to about 45.5% so far in October.
It’s very healthy price action if Bitcoin is leading the market higher, given that it’s the most established and dominant cryptocurrency.
And the market itself is still in its infancy, given the absolute supply cap of 21 million Bitcoins in existence. It’s a hedge against unsustainable fiscal and monetary policy by governments and central banks that a lot of investors are looking to gain exposure to.
It’s a fully fixed supply asset, which is essentially unheard of … with gold, you can go dig up more from the ground. You cannot go dig up more Bitcoins.
In this insightful video, Sam discusses:
• Two exchange-traded funds (ETFs) leveraged to a hot market trend.
• The major catalysts for Bitcoin’s recent price action.
• How every investor can take part in Bitcoin’s explosive profit potential: buy a “satoshi!”
And more!
The information in this short segment couldn’t be timelier. I suggest you watch it now.
Happy investing!
Jessica Borg
Financial News Anchor
Weiss Ratings
