Housing, ohhhh boyHousing is being bought up by major investment firms in mass right now. Namely Blackrock (you know, the military contract giant, yea that one) If you are waiting for housing to drop like I am to move into your first home, I guess these major investment firms will have to go belly up first or sell (going belly up looks more likely, pigs get fat and hogs get slaughtered.)
Blackrock
RAMP April PT $5.16RAMP is a great new edition to the DeFi space that has tons of upside considering they're offering a unique value proposition. They allow token holders to re-liquify their staked collateral and in essence allow investors earn double the return of any other staked DeFi pool. It's an ingenious concept and is backed by some of the top names in the financial industry partnering up and investing in them. The list is actually quite impressive:
Backers: JP Morgan, BlackRock , Deloitte, MSFT , BNP Paribas, Blockwater Capital, Binance, IOST
Investors: Alameda Research, ParaFi Capital, Mechanism Capital, XRP Capital, IOST, Torchlight Ventures, Ruby Capital, Blockwater Capital, Signum Capital, MW Partners, LayerX Capital, Orthogonal Trading
This is a very tiny market cap coin at under only $200m (circulating supply). RAMP will be launching its mainnet upgrade any day now and imo will take off in April to at leas a market cap of $1B as many will flock to earn double the returns of all competitive products on the market.
Link to LitePaper
Link to RAMP Website
Problem: An Inefficient US$300 Billion Market
With the rapid growth of the staking economy, global staking market cap has rocketed to exceed $300 billion. However, staking by itself is not capital optimal as it gives bond-like returns, while users have to also deal with fluctuating asset prices. Staking also results in substantial asset values locked into illiquid positions. There can be much better ways to maximize the value and returns on these assets for asset owners.
Conclusion
I just bought a bag of RAMP and you should too... this is going to go bonkers during April. I have three price targets per below:
PT1: 1.67 (100% upside)
PT2: 2.38 (183% upside)
PT3: 5.16 (514% upside)
The final PT would barely get RAMP over $1B market cap... these are very doable rates of returns considering most DeFi projects with legitimate backers and capital are north of $2-3B market cap.
April PTs for RAMP PT3 $5.16RAMP is a great new edition to the DeFi space that has tons of upside considering they're offering a unique value proposition. They allow token holders to re-liquify their staked collateral and in essence allow investors earn double the return of any other staked DeFi pool. It's an ingenious concept and is backed by some of the top names in the financial industry partnering up and investing in them. The list is actually quite impressive:
Backers: JP Morgan, BlackRock, Deloitte, MSFT, BNP Paribas, Blockwater Capital, Binance, IOST
Investors: Alameda Research, ParaFi Capital, Mechanism Capital, XRP Capital, IOST, Torchlight Ventures, Ruby Capital, Blockwater Capital, Signum Capital, MW Partners, LayerX Capital, Orthogonal Trading
This is a very tiny market cap coin at under only $200m (circulating supply). RAMP will be launching its mainnet upgrade any day now and imo will take off in April to at leas a market cap of $1B as many will flock to earn double the returns of all competitive products on the market.
Link to LitePaper
Link to RAMP Website
Problem: An Inefficient US$300 Billion Market
With the rapid growth of the staking economy, global staking market cap has rocketed to exceed $300 billion. However, staking by itself is not capital optimal as it gives bond-like returns, while users have to also deal with fluctuating asset prices. Staking also results in substantial asset values locked into illiquid positions. There can be much better ways to maximize the value and returns on these assets for asset owners.
Conclusion
I just bought a bag of RAMP and you should too... this is going to go bonkers during April. I have three price targets per below:
PT1: 1.67 (100% upside)
PT2: 2.38 (183% upside)
PT3: 5.16 (514% upside)
The final PT would barely get RAMP over $1B market cap... these are very doable rates of returns considering most DeFi projects with legitimate backers and capital are north of $2-3B market cap.
Expecting a 15% movement on BLK Today, we will share a bullish perspective we have on Black Rock
- The main structure we are observing is an ascending channel
- Inside the ascending channel, we can see a flag pattern above a support zone
- We saw a breakout of the Flag pattern and a secondary corrective structure above it
- Now, we are waiting for a breakout above the green line to confirm the expected movement
- If that happens, we will trade towards the higher trendline of the ascending channel
- Our Stop loss will be located below the support zone
- The resolution of this setup can last 30 to 45 days
- The risk we will take is 1% of our Capital
- The risk-reward ratio we are looking for is 1.5
Thanks for reading!
beat earnings, still overcooked, short BLKThe outperformance in Blackrock far outpaces the S&P and most of its competitors in the asset management space. S&P in orange & State Street in blue.
This pop on earnings is short-lived. I expect it to sell back off to where it came from. And when we have the 10-15% market correction which is needed for healthy financials; Blackrock will plummet during the correction because their assets are directly tied to the market.
Blackrock ShortI have highlighted the XLF representing the broader financial sector in purple and the S&P 500 index in gray. As you can see it has outperformed the financial sector by a longshot and outperformed the S&P 500 index.
Since Blackrock’s bread and butter is asset management with nearly 8 trillion AUM, the overall concern with overvaluations in the markets combined with BLK’s significant outperformance to its peers and to the broader market in which it invests; I’d say it is time for a pullback.
I would expect it to correct to its previous highs as seen with the green line. I do not expect it to head down towards the XLF, but it is possible it could correct all the way to where the S&P is. It is trading at about 21x earnings.
FaceDriveGreat company and apparently has big time investors involved such as black rock. The new signing partnership with $AC should push this stock towards new highs. This stock has continued to show higher highs and lower lows indicating bullish momentum. Using the Fibonacci extension you can see the clear levels of resistance ahead.
Indicators are looking solid and minor bearish divergences have been shown.
www.baystreet.ca
Distortion & misallocation & wealth transferThe chart says it all.
3 trillion increase in balance sheet in 2 or 3 months...
Party will go on as long as the long-term interest rate remains low...
Distortion - The massive rally has been partially fueled by $l8 trillion worth of fiscal and central bank stimulus. Short-term lending rate cut to near zero and long-term interest rates dropped to near all time low caused by massive QE.
Massive QE has distorted the interest rate so that the cost of capital is kept artificially low to the point that company is justified to undertake many projects that would not yield any productive return under the normal circumstances
Evolution of Fed's QE -
Treasury/municipal bonds-> corporate bond ETF-> individual corporate bond-> Yield curve control (in potential development)-> Maybe... Individual stocks in the future...
Even though Fed's purchase of individual bonds and ETF accounted for just a small percentage of overall bond market, I can't help but wonder why the Fed included lower-medium grade/slightly speculative bonds and bonds issued by financially healthy companies such as AT&T, UnitedHealth Group, and Walmart ?... to name a few.
Easy credit has undoubtedly kept some zombie company afloat when it is probably better for them to die off.
QE and forward guidance have resulted in high commercial bank deposits. Fortunately, as long as the circulation of velocity remains low and producer can keep up with the demand of good and service, the economy will not overheat.
Misallocation of capital - It is no surprise that American household's wealth is increasingly tied to stock market & real estate. As a result, there is a negative correlation between household wealth and interest rate.
The increased household consumption that results from the perceived gain in the stock market & real estate driven by low interest rate is the main culprit of chronic trade deficit.
Oh yeah, FAANG now collectively accounts for roughly 20% of top stock marketcap...
If it does not convince you that stock market is overvalued, just look at the ratio of total market cap over GDP (currently at 147.2%) and Shiller PE which is 13.1% higher than the recent 20-year average of 25.8.
Wealth transfer -
Pension fund, endowment, mutual fund and hedge fund are having a field day.
Maybe just a handful of investment groups are dictating the movement of the market. BlackRock alone has more than 7 trillion of AUM. Goldman Sachs, Bridgewater and few other investment groups also each controls more than hundred billions of asset.
It is hard to image that the quick reversal in the market is caused by a bunch of retail investors and traders panic sold in March, then immediately FOMO back into the market only a few weeks later.
@BAF (Mutual Fund or ETF) - BUY Based on CCI 20 Close (-28.21)Buy Only for this One...
@BAF
Each Month Dividend per Share USD 0.05
Range bound but soon to breakFib levels have been holding the range but its unlikely to persist. Given the amount of FED "liquidity" being shoved down the pipe I'm inclined to say we break through the ceiling and blast off toward ATH. No, this doesn't align with the economy, expected Q2 data, or essentially reality but trillions is a lot of money and its being shoved into assets so for the time being none of that matters. Some might say this time is different and maybe for once they're right. In any case, buy any dips and be ready to cut losses or hedge to the downside on a breakdown of the 50% fib.
The benchmark is not the index. Quick illustration of benchmarks and indexes not being the same.
The MCHI passive ETF tracks a different index that is supposedly also the Chinese index and it is interesting to see that there is quite a big difference in performance.
YTD we have -9.84% for the classic index VS -15.58% for the index that your BlackRock ETF is tracking (the MSCI China Index).
To me this YTD difference is huge. 🤯
This is a good lesson for people new to investing, pay attention to the benchmark the ETF you bought is following because in markets like these the performance mind be very different compared to the index that is usually shown on the news.
As Bogle used to say Caveat Emptor .
Blackrock showing a correctionIt seems that there is some fear in the markets. That is why many investors choose to be in a selling possition.
After seeing the RSI and stochastic it is quite clear that the price is touching "oversold" values. Needless to say that there is a kind of trend in the indicators showing that the price will decrease a little bit more.
In addition, considering the complex scenario of the current market, I think that one possible buy zone will be the first resistence line. But if we see the pattern of the stock it seems to decrease until 400 aproximately.
Thanks for reading guys!
Prolonged - Drawn Out Bear MarketBlackrock stock looks a lot like bitcoin in 2018 when it made its first dead cat bounce in the beginning of the bear market after its parabolic euphoric rise in late 2017. Everything here looks terrible and I think we make a prolonged correction with a strong bottom in a few years. Could be a good investment at that time.
Blackrock Inc. clear longer bias with new weekly demand levelsBlackrock Inc. clear longer bias with new weekly demand levels being created. Price has not pulled corrected for months hence no retracement to buy setups at weekly demand imbalances created around 526, 481 and 424 price areas respectively. Long term long bias at weekly and monthly demand zones with new demand imbalances being created and respected.
Few times Buy&Hold becomes in the best strategy BLK one of themWe know pretty well NYSE:BLK Black Rock is one the best companies in the world, but even mesmerizing when you see there's no roof for it.
So, few times Buy and Hold is the best strategy for any real investment, not speculative.
Tomorrow is an earning reporting day, do not why, but I would be slightly bearish.
Have a Good Trading Week.
Update on "Riding $BLK from support to resistance"Have added support floors and resistance ceilings. Noteworthy, BlackRock has clear historical resistances that all consecutively became supports after breaking through. For your review: 285, 322, 337.5, as well as current support of 361.5 and resistance of 380. BlackRock has already outperformed all Too Big To Fails YTD, and I believe the trend to continue due to both technical and macroeconomic factors. If plays out, the next support for $BLK is 380, and it could easily touch 400. I'm long $BLK, with 400 PT.
Tell me what you folks think.
Time To Abandon Preconceptions on Gold and the Dollar?Historically, gold and the US dollar move inverse of each other. Time to abandon this preconception?
The US dollar is going strong, but is it time to change the preconception that a strong US dollar is automatically bad for gold? Perhaps. The inverse relation has historically occurred, but in times of uncertainty, the inverse breaks and gold typically remains on top.
BlackRock’s Russ Koesterich, CFA, gives the inverse relationship the benefit of the doubt in Market Realist’s “Why Gold and the Dollar Move in Opposite Directions.” Koesterich goes to say that a strong dollar is bad for gold because it makes the commodity more expensive – this is true in relation to gold priced in any currency. The article also points out to the assumption that the Federal Reserve “may” raise rates, which is also is positive for the dollar, bad for gold. Conversely, this is one of the reasons I believe the Fed won’t raise rates. Deflationary pressures will continue to raise, and that is opposite of the Fed’s intentions.
Under normal circumstances, the inverse relationship of the two make sense. However, this is a time in history not seen before. Central banks are omnipotent, and their modus operandi is currency debasement. Gold priced in euros just reached a 21-month high, following the European Central Bank’s quantitative easing announcement; and gold priced in yen has been an amazing trade during the Bank of Japan’s kamikaze monetary policies.
But, the dollar is rising, not falling, right? True. The question is not why gold should fall given the strong dollar. The real question is “why is gold not falling given a strong dollar?” It’s simple: gold is a central bank hedge. The ultimate currency hedge.
Furthermore, the performance of the dollar – although not new – is not normal. Up over 20 percent since the parabolic move first began, these moves are often foreshadowing destruction of capital which quickly follows. In “US Dollar Rally: The Beginning of the End,” I outlined three previous times the dollar rose by at least 20 percent: 1988-89, 1999-2001 and 2007-9. Each move was followed by double-digit declines of at least 16 percent in the US dollar index. In addition, the last two descents took equities down with it – the “tech bubble” and the “Great Recession.”
Omens are lurking as the dollar and gold relationship is mirroring that of 2008.
In the above mentioned article, Koesterich presented a graph showing gold and the dollar. Notice January’s decoupling of the US dollar mirrors that in January 2010, following the Fed’s implementation of quantitative easing. So, is more easing from the Fed coming? Likely, and it’s more likely than a meaningful rate hike by the Fed.
Gold rose significantly in the dollar collapse in 2000-01 and 2007-09. During the Great Recession, gold was further boosted by the Fed’s ill-fated QE attempts. You do not need inflation for strong gold gains, you just need central banks to remain in business.
It is important to rethink common ideologies on investing because markets are dynamic and ever-changing.
This is why both fund managers and retail traders are slaughtered in epic market collapses. They fail to evolve along with financial markets, continuously trying to fit the round peg in a square hole with the square peg in plain site.
bullion.directory
Link to "US Dollar Rally: The Beginning of the End" bullion.directory
Blackrock (16.07.2014) Technical Analysis TrainingThe Blackrock (NYSE:BLK) Daily Diagram Technical Analysis Training shows the following:
The BLK share has made a long term consolidations in a symmetrical triangle from Feb 2014 (blue lines). Finally the share breaches the up side of the triangle and moved up. All this have happened above the KUMO, which means that the BLK is bullish in long term. The weekly diagram shows bullish trend. The monthly is overbought.
So the first think in mind is long for BLK but today (16.07.2014) MACD must give a long sign. The volume is moderate.
As it concern the candlestick pattern it shows a reversal hammer (like shooting star) but we have to wait the close hour. The share is above the KUMO and above the Kijun Sen (blue line) too. Today the share fight with the Tenkan Sen (light green line) support.
There is no special pattern.
If the share does not brake the TenKan Sen down and MACD gives a buy signal then more long movement is ahead. Otherwise we may have a correction to Kijun Sen Support at 319 for a the starting of a new uptrend.