CNBC chart genius Carter Worth signals optimism for silver. and so James celebrates a return to grace. Plus Bobby's long position on IYR, the US Real Estate ETF. 

And speaking of comebacks, after months in the wilderness TIGR rebounds on the heels of meteoric YoY revenue growth. 

On that note, equities soldier on breathing some life into growth with bond prices falling for the 4th straight week.

But things got weird this week in Crypto, when the encroaching Bear market was forestalled by two strange developments. Hot off the Miami bro-festival, featuring Jack Dorsey's votive to Bitcoin, Michael Saylor of Microstrategy issued $500M of junk bonds to buy more Bitcoin and El Salvador legalized Bitcoin as legal tender. What do we make of it? 

Also Amazon deploys Sidewalk, an adhoc mesh network that uses devices to create ubiquitous internet. Is this the end?

Friday's lack luster jobs report settles a collective nerve over inflation, resulting in a sharp daily rebound for Tech and all other Equities. We ask James about the possibility of more systemic risk. 

Bitcoin survived Memorial Day weekend, ultimately bouncing to $37k. But where does it go from here? In technical terms, are we staring down a head and shoulders prophecy or a death cross in mid June that will send it even lower? We discuss.

Plus Greg dabbles in Bitcoin fundamentalism, where community leaders posit Ethereum will become the AOL of this generation.

We also ask: is it really worth it to invest in the auto sector on the verge of the EV revolution?

It only took a tweet from Elon and the mention of Chinese regulation to all but erase Bitcoin's 2021 gains. All of it amplified by the evaporation of degenerate call positions.

We also learned that the entire Crypto category is correlated unto itself, with Ethereum and other alts correcting just as quickly.

But there is hope, if you believe crypto evangelists. For one thing, the system didn't break the way equities would have in a similar correction. And there was no contagion on offer for the major equity indices. In fact, all of this has happened before in the Crypto markets. So we buy the dip. And we also learn to live with the soul crushing volatility of last weekend.

But why do we buy the dip? We explain. Plus why Polygon is still the front runner in our ALT coin portfolio.

Not to be left undiscussed, we discuss the short-term downside in US equities, which have otherwise proven bulletproof in the shadow of the FED.

The specter of inflation came home to roost, with consumer prices leaping to a 13 year high. And so down to damnation Growth. With it ARK, China and Tech. Thank goodness for Ethereum. And trains. 

Robert crushes his first ALT Coin pick, selecting Polygon, which exploded this week. But why? And what does it have to do with Ethereum?

Meanwhile, Bitcoin saw a correction when Elon trashed it as a payment for cars. 

The fabled ARK funds eat dirt this week leading Bloomberg to point out that physical wood is outperforming Cathie Wood this year. The ARK innovation fund touches a critical technical level.

The Nasdaq settled slightly lower this week, despite a decrease in yields. What the?

But in bigger news, the march of Ethereum rages on, gaining another 27% this week and up 67% in the past month. So much so that Robert has rotated out of NAIL into ETH. 

We also discover that our stable of ALT coins are highly correlated with ETH. Which is, ya know, good for now...but could be problematic later.  Plus we add Polygon to our interest of coins.

In equities, a choppy week in the major indices does little to dent the best month since November.

Robert's bet on old man stocks turns to dead man stocks, as trains clock their best winning streak since 1899.

On Crypto corner, Bitcoin retraces 12% this week. ETH surges another 18%. And Greg adds Enjin Coin to the ALT Coin sub-degenerate portfolio.

We discuss the doom of conventional banks, and how Bitcoin and Ethereum might form the backbone of all banking in the future. 

In other news, Beijing drops the hammer on Ant again. 

Apple podcasts announces a new subscription feature for creators, signaling the deepening contest for audio. We're rich!

Bitcoin eats dirt. What started as a rumor that the Treasury department was poised to charge banks for laundering money, snowballed into a sell-off that detonated leveraged long positions. To boot, some exchanges including Binance had glitches in trading. And institutionals begged off. Impeccable timing. Not only that I picked a hell of a week to start dabbling in ALT COINS. But in relative terms Ethereum kept its footing, continuing a streak of outperforming Bitcoin.

Equities wavered some this week after Joey Biden threatened to tax rich folk capital gains. With bond yields in retreat, Tech maintains pole position in the indices. How do we explain the bond market?

PLUG sees its star fade to the almost 3x club, but we hold on for dear life.

The aristocrats of crypto, $BTC and $ETH, soar to all time highs on the cusp of Coinbase's IPO. And somehow BLOK does not follow.

Coinbase nestles into ~$67B valuation after opening with a burst. 

And we explore the death of the old hat Wall Street portfolio of equities and bonds. Now that bonds are negative yield in real terms and Bitcoin has replaced Gold as a store of value, how will modern portfolio theory evolve. Into a block chain no one understands. 

MegaCaps strike back, and the reflation trade sputters. But on the round, James calls the ball as the S&P rips to record highs. But is it now overbought?

And we look forward to the Coinbase IPO, the retail exchange for the people. Massively expensive as it surely will be, is it worth the investment?

To boot the bollinger bands on Bitcoin suggest it is poised for a big price move. Which way will it bend? And are we verging into a surge in 2Q for crypto?

We re-open the topic of Blockchain, DeFi and Dapps. While it's easy to lampoon the emergence of NFTs, people with real money are starting to talk about Blockchain and Decentralization as the 2nd Digital revolution that will change the landscape. But how can we make money in the sector? Buy crypto, or buy companies speculating on the tech? Greg makes the case for BLOK.

In other news, Bill Hwang is named Degenerate Champion of the new century. His firm Archegos saw untold billions vaporize in short order when his leveraged long positions in Chinese Tech, Viacom & Discovery exploded. So how did this master of high-stakes roulette get 5-20x margin from Wall Street. And is this a sign of easy money contagion or a flash in the pan?

Which leads us to the woeful rotation out of growth and China, which has sent the Degenerate Portfolio (below) down to damnation.