Market Rebounds: What's Next for Stocks and Bitcoin?

Summary

After nine straight weeks of gains, the market saw a pullback, but statistics suggest this may be a precursor to new all-time highs, as nine out of the last ten times this happened, the market rallied further within 30 days. Key upcoming catalysts include the CPI inflation report, Oracle's and Adobe's earnings, and developments in the Iran conflict. While Adobe's relevance in the AI era is questioned, Oracle is viewed optimistically. For Bitcoin, the speaker doesn't believe the bottom is in but outlines key price points: 68,000 and 71,000 are crucial for bulls, while a move below 63,000 could signal a drop to 56,000. The VIX, or fear index, is currently below 21, indicating bullish control, but a close above 21 for two consecutive candles would signal a potential market crash. ST Microelectronics (STM), a key supplier for SpaceX, is highlighted as a potential play with a target of $94 if it breaks above $81, especially with the SpaceX IPO approaching. The speaker also mentions their success with SOXS during the recent market pullback and their tool, the 'friendly screener,' which identifies high-performing small-cap stocks.