HomeMarketsCurrencies & CryptoBullish On GLD & Bearish On TSLA, BITO

Bullish On GLD & Bearish On TSLA, BITO

SPDR Gold Trust ETF (GLD) price is down almost 6% year-to-date. "In the current inflationary environment, gold has not appreciated to the upside. However, I believe that there is still considerable upside," says Don Kaufman. Regarding the ProShares Bitcoin Strategy ETF (BITO), Kaufman says that investors do not really see shorts in bitcoin. Therefore, when there is a rally, there is commitment of capital coming in. Finally, Kaufman and Ben Lichtenstein discuss the Tesla (TSLA) stock price as the company's earnings results are set to be released.

Trading 360

20 Jul 2022

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