The David Lin Report ‘This Makes Me Nervous’: Trader Reveals Next Moves For Stocks, Bitcoin, Gold | Jason Shapiro
Dec 4, 2025
In this engaging discussion, Jason Shapiro, founder of the Crowded Market Report and a seasoned trader, dives into the dynamics of the current bull market that many dislike yet persists. He shares insights on how crowd sentiment influences market positioning and why he believes central banks will step in to support downturns. Jason also touches on the intersection of prediction markets and traditional trading, revealing preferred strategies for sectors like FX and commodities. Plus, he addresses the future of Bitcoin compared to gold as a store of value.
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Hated Bull Market Still Driven By Liquidity
- Jason Shapiro says this is likely the most hated bull market ever but momentum hasn't stalled.
- He warns that fighting the tape and central-bank-driven liquidity usually loses money.
Don’t Pick Tops — Trade The Tape
- Don’t try to pick exact market tops because you’ll likely be wrong and lose money.
- Wait for the market to act poorly before committing to a sustained bearish stance.
Use Your Own Bias As A Sentiment Barometer
- Jason gauges crowd sentiment partly by checking his own reactions as a proxy for others.
- He feels nervous when logic implies the Fed will always support pullbacks, making large drops less likely.
