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COINBASE-Are We Still Dating?

March 3, 2024

Mish's Daily

By Mish Schneider

On Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.

For the record, I said I would marry silver.

Lo and behold, silver perked up on Friday and closed with gains close to 3% and very near a potential major breakout.

For those who read the Daily, you know we have been expecting a pop in inflation between March and June.

If this rally in gold, silver, oil (longer term charts work well), and metal miners continue, this could be the start of a parabolic move.

Also on Friday, Holden Milstein, our crypto expert, Samuel Burke of Real Vision, and I sat down together to talk about all things crypto-including Coinbase, the stock.

Holden knocked it out of the park with his analysis on Bitcoin and Ethereum.

Here is a quote from Holden’s research:

“SOL is the largest altcoin in the market and it still is only about 1/8 Ethereum’s market cap. I’m not the first person to tout that SOL is faster, cheaper, and far more user friendly than ETH, and I personally believe that SOL will turn out to be the Apple of the crypto world thanks to how much the chain has catered to retail activities.”

On Coinbase COIN, I cover why it is a generational buy opportunity as the largest on-ramp platform for money to enter the crypto space.

As you can see in the chart, the price of COIN is consolidating as is the momentum.

Have a look see and a listen at our hour on Real Vision and walk away with a plethora of knowledge and trading ideas!

For more detailed trading information about our blended models, tools, and trader education courses, contact Rob Quinn, our Chief Strategy Consultant, to learn more.
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Mish in the Media - All clips here

Business First AM All About Coinbase Why Mish still loves this stock 02-29-24

Your Daily Five StockchartsTV Want to know why leaders tend to lead and what the next leaders might be? 8 ETFs in 15 minutes 02-29-24

Yahoo Finance After the PCE report, Mish explains why inflation is on hold but could return-and what to look for-plus, reshoring and the vanity trade 02-29-24

CMC Market Another guide for short term trading using long term bias in key futures markets-want to learn to daytrade? This is for you 02-28-24

CNA Asia Mish opens the Singapore trading day discussion FED policy and why right now, the markets are close to perfect 02-28-24

CNA Asia Radio Similar to the theme on the TV show, Mish goes into more depth on the US consumer, inflation and how the markets could be finding healthy rotation 02-28-24

Business First AM Mish lays out the 3 major criterial and teach you tactical/practical ways to assess a top (all in 3 minutes). HYG IWM January calendar range When Is It Time To Take Profits? 02-20-24

Final Bar with Dave Keller StockChartsTV Guest Mish breaks down the four charts she's watching during a market pullback and why she remains constructive on stocks 02-14-24

Business First AM Check out Mish’s newest stock pick to keep on your radar 02-13-24

BNN Bloomberg Valentines Day-What stocks do you love, want to marry, regret not holding 02-12-24

Financial Sense with Jim Pupluva Credit card balances for US consumers are climbing. Is this yet a concern for the market and economic outlook? 02-07-24

Coming Up:

Synergy Traders Event #50
Hosted by TradeOutLoud and TimingResearch

3-Day Online Event
5th Annual Women Teach
Trading And Investing 2024 Conference
Sign up here

March 1 Real Vision 3 Crypto Trades

March 4 Interview with Blake Morrow Trader’s Summit

March 6 Trader’s Summit-see link

March 8 Schwab

Weekly: Business First AM, CMC Markets, and new to us-stockpick.app

ETF Summary

S&P 500 (SPY) Another new all time high! 510 now pivotal

Russell 2000 (IWM) 205 cleared-and Gramps did his job-212 next major resistance and 205 support

Dow (DIA) Not quite to the highs so 400 in view