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Bubble

Why it is so funny when bitcoin holders get mad at bearsIt is not just because as Buffett said they are not investing but gambling. It is much more ironic than this. Bitcoin has been going not just back to zero but even BELOW zero every time. And people still cheer. Compare this to: Meanwhile the crypto... If it drops they will say they do not care they're in for the long run. And I believe them. If it goes up then drops they will say they do not care it went up so much they were in the green. And I believe them. It's obvious why we believe them. Because they are noobs. The price goes up they will snatch profit instantly. The price goes down they will hold on forever. Nothing new. They did not invent this. Every terrible investor has been doing the same forever. GME had only buyers, then Citadel data shows the buyers stopped coming, and when they were all in, it dropped back to the zero line and beyond (below where it started). It is the same thing for short sellers, that had their fun for long. Melvin took one for the team. Today, 5 years later, Bitcoin is only just at the 2016 trendline. And you know it would be much more fun for bulls to be testing it from above after evil shorts sold than from below after they went all in. Even if BTC goes to 100k it won't be far above the TL, and I bet it will drop below soon enough. The price is arbitrary it's only what buyers and sellers are agreeing on. There is no hard limit up or down (remember Oil?). When the price trends, in a rational market, buyers agree more to buy around the trendline/fundamental value/support, and sellers are getting more open to the idea of selling when the price is far from the trendline. So yes, Bitcoin could be at 2 million today. Although at some point people would cash out and retire. It would be higher than 50k that I am certain of. So each time you see Bitcoin holders celebrate or get angry at sellers, remember to laugh.
by MrRenev
10
WTI - Crude Oil - USOILWEST TEXAS INTERMEDIATE Fundamental Perspective - Oil's bullish rally has been primarily driven by succesful moves from OPEC and its allies, combined with an overenthusiastic market that could be getting ahead of itself. Vaccination programs and efforts are being implemented on a global( ish ) scale, but we are still very far from a global economic revcovery, or even a global economy back to pre-pandemic levels. Oil prices are as high as they were before the pandemic was even in sight, while Demand for it is not even close to prepandemic levels. Yes, China's oil demand has rebounded rapidly, but that's not exactly the case throughout the rest of the globe. Technical Analysis Perspective - When looking at the Weekly timeframe we can observe that the last bearish push broke all the previous Lows (White Squares). In the event of Oil (Crude AND Brent) having a drastic fall in the coming weeks, it would probably be accompanied by a portion of the market. ***In the event of Saudi Arabia and OPEC+ further tightening the Oil Supply, the commodity's price would likely keep rising and eventually break through our Supply Range. Although the real question would then be: How long can this artificial scenario be sustained until there are adverse effects in the economy? (Ex. Transportation costs rising for/forcing out businesses that were already hit by the pandemic).
TVC:USOIL
by joseafab
1
Calling Tops is Virtually Impossible, but Here Goes!After nearly a decade, I believe the outright manic outperformance of tech stocks over commodities came to an end this past week! Does this mean that the prices of shares in tech companies will fall or even crash? No. It simply means that commodities and the shares of commodity producing companies will outperform them over the coming years... The cost of hedging inflation is about to skyrocket, make sure you are positioned accordingly...
TVC:NDQShort
by UnknownUnicorn4195243
1
A look at a century of logarithmic Dow - it's not a bubble!I keep hearing that stocks are in a bubble, but that just isn't true. People always look at charts in a linear mode, but this is not how math works. To get accurate prices and movement we MUST look at a logarithmic chart. When you do this for the Dow Jones average for the last century you clearly see we perhaps are a little inflated, but nowhere near Bubble territory. You want a Bubble? 1929 - now *that* was wildly over valued (with a subsequent epic crash). Now if in 2023 the Dow is above 45k? Then you can get back to me about how we might be in an asset Bubble. Until then I expect the trend to continue bullish.
TVC:DJILong
by americanpegasus
3
Unbridled Optimism, Irrational exuberance, wild speculationThe NQ is stuck. how many times can you hit new ATH price in 2 days? 5? 10? 20? I watched Sam Zell, Billionaire Investor on CNBC this morning saying what myself and a few others say in the room. While Retail traders use their stimulus checks gambling in the market, like the cocaine monkey hitting the cocaine button and ignoring food and water till they drop dead this market NEEDS to correct. Is buying the dips a real speculation trade when we drop from 13,686 to 13,683? Nobody knows what will happen in any given moment in the Markets, and yet in the room 90% of Traders are predicting what will happen in complex patterns, for example, "we will dip to NN,NNN and they go up". how could they possibly know in this market? We are in a crazy, irrational bubble.. Having said that I do think there is a good chance we get a "Turnaround Tuesday", we defiantly need to get an UP and down cycle going again... Hey it may not happen, there is a 50/50% chance it will. It's just what makes sense.
CME_MINI:MNQ1!Short
by dryanhawley
6
LILA long [Target: $20]1) Given the current market dynamics, now may be a great time to buy "value" stocks. For example, I also really like $MO (roughly 8% dividend yield right now and a beautiful ascending triangle reversal pattern on the weekly chart). 2) I like Elon Musk but the company is grossly over-valued, and his $1.5 billion investment in bitcoin has a bubble like sentiment. Not that this provides any direct information about LILA's stock price, but my intuition is that it signals that the shift from growth to value in near. 3) The stocks with the highest daily volumes right now are meme stocks and penny stocks that have negative EPS and are in horrible financial situations. 4) The S&P500 growth stocks have significantly out-performed the S&P500 value stocks, but I believe this trend will start to shift in the near future. 5) Recent 13F filings show that value minded investors also find LILA an attractive buy right now. **Not stock advice, do your own research**
NASDAQ:LILALong
by jfs2152
4
The trend is your friend, that's the case for BitcoinLooks like BITMEX:XBT will hold the uptrend. Is forming a classic symmetrical triangle, while holding above the 20 day MA and the selling volume is been decreasing. This are all good signs for a healthy uptrend. So, now I think the best thing to do is to wait an upward breakout to buy. As I trade for stocks in Folionet, I'll be buying OTC:GBTC . According to various investigations I've read, Bitcoin behaves like a fractal bubble and it looks like still has a way to still go up. Ark Invest is suggesting that Bitcoin could go for $75,000. That's a pretty good buying signal for me.
KRAKEN:BTCUSDLong
by dpuleo19
Mars next stop for the Indians?If you thought the DJI was overvalued, have a look at the India50. This thing has outperformed loads of other stock indices, even rivalling the Brazilian Bovespa. They've certainly passed the moon. Could the next stop be Mars? Well I think a significant correction is well overdue. Of course, I don't know when that might happen. The show could start with a 5 to 15 min trend south. So, I'm all eyes on this one. The recent pump in the last 2 days was mainly about the DJI pump. Oh yes, markets around the world draw confidence from the DJI, as misplaced as that is. So now we have one air market filling up on air from another market. That's looking for trouble. Attacking this for a short means I'm setting up alerts for 5 to 15 min trends south. It's already heavily bullish. I don't like going long at the top of markets. Strange things tend to happen there. Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
I
by Captain_Walker
9
Tesla: the bubble is about to burstYesterday, 27 January 2021, after market, Tesla reported. The reaction to the report gave the final sell signal; the sign that the bubble is about to burst. If we look at the chart since 2018 we see a sideways movement up until the beginning of 2020. Since 2020 Tesla is moving in a steep uptrend. Since the beginning of 2020 the price has roughly ten folded. In my opinion a big bubble has formed since 2020. To quote CNBC: "Tesla’s market capitalization has increased by more than $500 billion in 2020, and the company is now worth about as much as that of the nine largest car companies globally, despite selling a small fraction of the volume of cars that they do." If we look at the indicators we see that since the beginning of 2020 a divergence with RSI and Di + is forming. Since November 2020 Tesla is up trending within the uptrend. This trend within the trend broke yesterday. Today we gapped down out of this uptrend. MACD also gave a sell signal.
NASDAQ:TSLAShort
by Optiveren
4