David Morgan – Weekly Perspective

In this video David Morgan gives his weekly perspective for the end of month.

Stock market has peaked and we will be seeing lower lows and more lower lows. The trend is downward and you want to the trend to be your friend.

Gold which is usually negatively correlated with the stock market is up.

Some see Tesla bankrupt within months.

Tech sector is down and the FANGS have been hit hard – (i.e. Facebook, Amazon, etc.)

Russia refuses to accept Venezuela’s cryptocurrency for payment of its debt.

Volkswagen has been storing about 300,000 diesels around the country it was forced to buy because if ts faking of test results in its dieselgate scandal.

More Japanese Cryptocurrencies exchanges to close as regulators crack down and fallout from the half Billion dollar hack continues.

Gold could reach $1,500 this year according to Market Watch.

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5 thoughts on “David Morgan – Weekly Perspective”

  1. Can you pay off debt with cryto like Venezuela tried? USA could create crypto and pay off $21 trillion debt, problem solved!
    Chill.. I aint serious.

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