Forget the January Effect and the Road Ahead with Nick Santiago

Financial Survival Network, Released on 1/3/22

1. Everyone is looking for the ‘January Effect’ to take place. This is where the markets rally in the first month of the new year.

2. Bond yields are on the move today. Yields on the 10-year U.S. Treasury Note are up 9 basis points on the first day of trading in 2022. i’m in the camp that yields have a lot higher to go this year. The 10-year yield could reach 2.25% to 2.50% this year.

3. Gold is falling on the back of rising yields and a stronger US Dollar.

4. Bitcoin still weak. Trading at the $47k level today. You’ll own nothing but an NFT’s.

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments