This has been a tough week for the traditional markets, with all major sectors slipping into a downward trend, as shown in the heat map graphic below. Tech stocks (my favorite sector) were particularly affected by the slide and many investors are eagerly waiting for these stocks to recover. Big, reliable names like Amazon and Netflix were hit hard and this has forced many of us to ride this one out and minimize out alternative investments.
Major cryptocurrencies have also been sliding this week (for example, Bitcoin, as shown in the chart below), testing the floor the found in recent weeks. This may be a good time to expand your holdings for established currencies as we are seeing value pricing but, as an investor with a mix of traditional and alternative investments, my reduced liquidity and increased leverage will limit my additional exposure to these assets. If you are in a similar position, you may also choose a similar course or action (or, in this case, inaction) as we wait for our traditional investments to recover.