Pokadot turning bearishWith BTC on the road to 10k, I would like to point out some concern with Pokadot that many people over look. It is the rise, yet what got me is CoinMarketCap info on the exchanges.
News
-Bithumb got raided due to offering a security that was never seen to the investors. Regulation is gonna suck for people trying to stay away from the government.
-Uniswap coins are being pump crazily, which is causing alot of conern in the crypto space.
TA
Now my concern before we get into the chart if you go over to coinmarketcap and click on exchanges and click on liquidity, what do you see? Its pretty alarming, but lets discuss.
-One 3 of the exchanges are own or have connections to huobi. Huobi Global DOT/USDT, HBTC DOT/USDT, and Huobi Global DOT/BTC. So top 9 exchanges in liquity is own by huobi and their rating under confidence is Low. RED FLAG
-Two 7 out of 9 exchanges have the Moderate to Low confidence to the exchange and 5 out of 9 are scaled to the Low. RED FLAG.
-Three 7 out of 9 exchanges 24hr volume is 217,853,759, which according to MC is about 37%, yet go top volume in 24hrs you see a bunch of Low confidence in the exchanges. RED FLAG
This is concerning in overall gives a bearish case and not a lot of confidence in a project that just popped up.
-One there is a trading range between 5.6835-6.4508
-Now to me its heading towards overbought and looks like a bearish divergence with the volume dropping, yet the price keeps going up. Gives a target (if you believe in this project), a price target of 4.5395. We can't really go off of VPVR, since someone said they did a stock like split or something.
Final Thoughts
Seems really risky due to the liquidity problem this coin/token faces and looking at the confidence from coinmarketcap seems very concering. Again I know nothing about this project, yet on a trading and exchange view point it doesn't look great for me. Plus many people saying we are in an altcoin bubble atm, so take it with a grain a salt. My only tip in altcoins is all in on 0x, speculate on other shitcoins, and buying nano under a dollar is a must cause you know that community will pump it over a dollar.
Bubble
NASDAQ Price Inflation vs Money Supply InflationMuch of the recent growth in the stock market can be attributed to the basic law of supply and demand.
There's been around a 25% increase in the money supply from the pre-coronavirus baseline.
There are the same number of stocks being chased by all the extra dollars, So if nothing else changed, this would result in a 25% increase in overall average stock prices.
However, the coronavirus factor has restructured the revenue distribution share causing losses in the traditional economy and gains in the tech sector. As a result, we see the following changes from the baseline:
More traditional S&P companies: 9% up from the baseline
Tech-heavy NASDAQ : 36% up from the baseline
Money supply : 23% up from baseline
In order to know if the NASDAQ is in overvalued bubble territory, we need to know how much NASDAQ revenues have increased since the lockdown started.
NASDAQ gains 36% - 23% money supply increase = 13% difference
So if NASDAQ revenues are up greater than 13%, the NASDAQ is still undervalued. If revenues have increased less than 13%, then we're in a bubble caused by FOMO (fear of missing out).
The good news for NASDAQ investors is that NASDAQ earnings are up 61% from pre-coronavirus levels .
This suggests the top for the NASDAQ is an 83% increase from the pre-corona baseline (22% from money supply inflation and 61% from extra earnings).
Thus, the NASDAQ likely still has 53% higher to go before it's overvalued (83% total - 36% current increase so far).
The bubble is just beyond. How high can it go? 5000?Tech stocks are more expensive than anything.
Tesla, that builds electric cars using EV tech from 1800, that does not even make money is in the top 10 largest US companies.
They have a massively larger valuation than several other car makers that actually sell cars AND have electric R&D budget even bigger than Tesla, AND better EV.
Huge short squeeze huge retail and hedge funds that have clients that don't want them to miss out and are all scared they won't be to exit scam first but if they try they'll be too early and miss out.
Companies don't even make money they just get welfare checks from Trump.
Price to earning ratios are skyhigh again but it's ok we are in a new paradigm where they do not mean anything.
Sharks are taking advantage. Tesla did a split so novices could buy shares.
I think even broke people have access to the stock market with some sort of "part stock" thing, where they can buy not even a single share but a fraction of a share.
The USA government seems interested in printing more money and throwing it at the public to inflate the bubble and get them to be good consumers.
Zimbabwe 2: The return of the printing press.
The stock market is infested with beginner day traders. A guy like Portnoy that started in March-April is seen as an "OG". Just like crypto in 2017 :D
Some people are saying the "democratisation" of markets is great. Just another bubble. The public will lose their money & the rich will get richer, and then the marxists will get angry and blame "racism" or whatever.
Robinhood & HFT firms are probably making record earnings (should invest in them maybe).
It'll be fun to watch.
Meanwhile...
What really would be fun is watching them get all euphoric and laugh at gold & foreign stock holders because they made "500%" totally oblivious the USD is worth nothing.
Either way...
They'll celebrate, then be in denial, attack real traders like me, get rekt and quit. Same story as usual. And it has been going on for hundreds of years at least.
One could perhaps buy an option that expires in years? I prefer to stick to what I do best.
Who cares where stocks go I'd rather stay comfy with my currency pairs and commodity futures.
Why even "invest" in a bubble? Maybe it is easy money as long as it goes up. Can't be bothered really.
The biggest bubble in the last 20 yearsJust in case professional investors don't know proper math. Right now you´re paying almost 500$ which is equal to 2500$ last week pre-split price.
I hope, while you buying this "quality stock" you are saying something "I am long term investor". Lol
For folks who don´t know how parabola works, enjoy the following chart and do homework what is the target of -80% decline.
Take profit before music stop playing. Don´t be greedy.
Enjoy till music will stopIf you buying right now on long-term, thinking how this amazing stock can only go up, then congratulations you understood how parabola works.
If you can get out before this collapse. You won a lottery. Congratulations!
"New paradigm."
"This time is different."
"P/E ratio on August 26, 2020 is 1053.82 - No problem it is outdated measure."
...
GNUS the hated child of penny stocksNow I wanted to post my TA of a near $1 GNUS was possible, but I didn't cause I don't care nor have a position. I'm just watching it as I eat popcorn
News
-GNUS is bring alot of talented people on its team, yet again this is a growing company trying to establish a foundation. Theres one problem with this tho, its they had years to establish this foundation, so it makes it hard for insituions to jump on to a vision that hasn't pulled through in the past.
-Establish its toys in Walmart and Amazon: good but there is just no establish brand awarness and its a hard competiton going against establish brands, such as star wars and exc. Their toys are mixed in with a bunch others, yet hasn't achieved its brand's potential.
TA
-Well its just keeps on dumping which many reasons can explain this, yet is still in the air.
1: They havn't made much money or if any in the past, so they would dump their shares from a .30cent sideways movement to a peak of 11.8 (I would).
2: It was over hype and the GNUS bubble popped. From the peak it ranges from a 90% correction to about an 86% correction. A bubble is a 70% correction and we are past that.
3: Penny Stock investors are selling and jumping into the next hype train from xspa to gevo.
-Again theres many reasons why this stock keeps on dropping, so what are the supports that we can expect? This could be next at 1.02 (6% downward move), .60 (44% move downward move), or for now .34 (a full entrancement and a 68% downward move).
-Since we aren't at 1.02, I left 1.37 light blue (a 26.7% move upward). Now its very hard to tell where it will bounce and if it can hold any price at all.
Final Thoughts
I'm just watching this as it drops and laughing at Andy's comment comparing his company to Netflix. Theres many problems with his streaming service and one being his offbrand cartoons and rip offs of others. One is a minecraft show, yet is a direct rip off of stampy from youtube. The video style and ep match almost 1 to 1 with the hype of his channel. This is a solid pass and if any advice I can give is remove your streaming service and redo all the cartoons and make them ORGINAL and up the art and visual effects. We live in 2020 and kids can tell with the poor voice acting. An idea is a Caillou spin off of an Orginal story and characters and not follow a 1 to 1 replica.
Robinhood Traders Will pbly Hate Me for This.. Or Thank Me LaterWe all make mistakes, and we can either think it's unfair or we just grow up a better person... In this case apply it to investing.. Wouldn't you like to learn something ?
I'm pretty rude in this one on purpose. But anyway my point here is that you need to understand that in a bubble... the last one standings are the one to pay the hard price or reality.
Just make sure you're not among them... What happened within the bubble is not the point. I really hope you made money and that you'll be smart enough to don't try getting more at the risk of losing it all..
i post way too many h&s... but looks pretty clean using rangesObserving price action in ranges seems to reduce asymmetry in this monster snapback we have experienced. Maybe a compelling argument for the next leg up. The outer KC converging onto pre-crash ATHs could help accelerate the melt-up; however, I would be looking to moderately sell into further strength, especially with an election coming up we will likely be coming back into the KC zones soon. That being said, it is impossible how long to tell the record-breaking buying, and rapid asset price appreciation will persist, and it seems like 4000-4500 will be in play before we see anything close to 3000.
Looking through the Fed Liquidity Lens, Also Inflation is comingPlaying with numbers, trying to view equity valuations through the lens of the modern Fed era.
Realtive to M2 it looks like we're in a Bear-Market-Rally even though indexes are at ATH.
It looks like we now live in a bizarro-world where equity prices in a Bear-Market go up while the money supply vastly outpaces productivity.
The Fed is now saying that they aren't going to try to manage near-term inflation and will instead target a longer-term "average" inflation value of 2%, allowing for higher rates in the near future to begin making up for the long period lower rates we've seen the past few decades.
This sounds to me like the Fed realizes that, thanks to their unlimited liquidity, inflation is coming and also that they realize they no longer have the ability to do anything about it; they're stating this change in strategy now as a preemptive excuse, hoping that it will keep markets from freaking out when the inevitable happens.
Anyone else have thoughts on this?
This will end, probably badly. How high does it go?Tech is clearly a bigger part of the real economy (GDP) today compared to 20 years ago, but even with that in mind this market is in the Stratosphere.
Will everyone keep buying no matter the price because TINA (There is no alternative) due to artificially low interest rates. Do recessionary conditions in the broad economy no longer matter? Do business fundamentals no longer matter? Will continued stimulus and bailouts render high unemployment moot? Universal Basic Income for the poor and a never-ending equity boom for the rich?
The Everything bubble is in full force with equities, commodities, crypto, junk debt, real estate and nearly everything else you can buy/sell going up in value. Cash is trash and punishing holders. Everyone is a trader and turning a quick profit almost no matter what they buy.
Bad news is fine as long as it's better than yesterdays' headline. Silver linings on dark clouds seem to be all that is needed to justify a moonshot. The top is usually way higher than most think, but it's up there somewhere and the air is pretty thin.
If prices are to come back down to something closer to historic norms what will be the trigger to start the inevitable avalanche? The thought that it has to be something worse than what we've already experienced this year is sobering.
Apple - Dire WARNING - DANGER ZONEThis post addresses basic cycle theory. Parabolic curves and parabolic trends.
Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme.
Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play out.
In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome.
Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded.
Please scroll down for accompanying information and examples.
Please feel free to share your own examples of similar Parabolic trends and their outcomes. The community would love to collate this kind of information in one place.
Happy trading, stay safe. Don't be over exposed.
Epitome of a BubbleThis chart is unbelievable. This isn't a penny stock, this is Apple. This is Apple during the worst economic crisis of our lives which is in some ways worse than the Great Depression. What are investors buying at these highs thinking? Are they thinking unemployed people buy expensive phones? Are they thinking the collapse of so many businesses means it's a great time to buy into the market? Or that when equities are even more overvalued than at the peak of the tech boom/crash of 2000, it's the best time to buy into tech? The answer is simple: nobody is thinking.
This is a very odd time when people have started to herd... to act like lemmings running toward the cliff. They've lost the ability to think as individuals and just follow whatever the person next to them is doing, no matter how absurd. On the news, in the streets, and in the markets we see mob-mentality run amok. When the pain comes, and it will come, we will look back and wonder what the hell everyone was thinking. Let me assure you, nobody is thinking. People don't think when they are in a mob.
Don't bother now, but after this has all imploded, google: blow-off-top, the dotcom bubble, the Dutch Tulip Bubble, or the South Sea Bubble. You'll recognize what you find, and you'll learn something.
Two unrelated sectors become correlated, THE BUBBLEThis is almost impossible to ignore at this point. A random cryptocurrency and TESLA are almost perfectly correlated. The signature of yet another bubble (been seeing a lot of those lately?!?!) in the making.
The overlay chart has NOT been modified by time. This is happening in real-time.