The month of May appears to be ending on a positive trend forecasting a bullish season for June, which has been historically so in the past three consecutive months. The equity market, including stocks, index, and crypto, has commenced the new week, which is also the last week of the month, on strong bullish momentum.
The current inflow of capital into the stock and crypto market is a clear indicator that the market has returned to being risk-on. At the moment, it is undoubtedly the best time to invest in cryptocurrencies, stocks, indices, and commodities.
What is Risk-on mode?
Traditionally, the market is divided into two modes: the Risk-on and Risk-off methods. The Risk-on mode is the period when the majority of traders are willing to retake risks. We experience a massive inflow of capital into stocks, crypto, and commodity markets during such times. Investors try to hedge against inflation by diverting their investments into risky assets. Hence we see the risky assets create new all-time highs again.
Which are the better assets to invest in during the Risk-on mode?
The risk-on mode no doubt has been described by experts as the best time to invest in stocks, index, crypto, and commodities. We have provided descriptions of the best assets to buy during this period.
Crypto: Often, much capital is pushed into cryptocurrency during the risk-on mode. It is not surprising that Bitcoin has been made forcefully above 30K during the Asian session today. The price is currently at $30300, marking a 2.89% increase in the past few hours. This is a healthy sign for altcoins, especially Ethereum, Binance Coin (BNBUSD), Dogecoin, Litecoin (LTCUSD), Cardano (ADAUSD), Polkadot, Uniswap, Link (LNKUSD), and Stellar (XLM).
Stocks: The stock market is currently up during the Asian session today, and we expect the uptrend to continue for the US stocks, German stocks, Hong Kong stocks, and French stocks too. A wild list of these stocks has been provided by the ATFX broker for the trader to choose from.
Indices: Stock and Indices are two inseparable siblings. The index we trade today is a combination of multiple stocks put together as one and used to track the stock market’s performance. Today’s most volatile indices pairs are Nasdaq 100, UK100, GER30, HKCH50, SPX500, JP225, US30, FRA 40, etc.
Commodities: Major commodities such as Gold, Silver, and Crude oil are currently on a solid Bullish Momentum. Many believe that gold is once more a route to $1,900. Many would consider the current trend a great buying opportunity for investors.
