Upstart has a 7price target from myself In the future. Maybe a good buying spot.. Look at names like FSLY to compare
The Nasdaq is worth about 10x of what it was in 1990, in real terms, if you take away all the money printing. The support structure from the 1990s that decayed in 2008 has now been resistance for a *decade*, and now that we're at a historical zone of sky high valuations and overboughtness, it wouldn't surprise me if it dropped 75% from here. What if there is more...
Just FYI, an equally price-weighted basket of large Chinese real estate companies is down 8% today. Rumor is going around lots of companies in this sector are not paying interest payments and are on the verge of default. Maybe it could spill over into global markets? Dare I say it could be an outbreak in the market flu? These companies are much larger than Enron....
Hello, I have explained many things about the recession in my idea about the world crisis of 2023. And other articles such as the OIL SHORT, or THE BITCOIN CRASH (I will leave all these ideas linked.) But here I want to delve deeper into supply chains. I'm here again to show you a SHORT idea against FedEx , that company that is in the middle of all the orders in...
Be careful on the short here.. this weekly candle looks good and could have some steam all the way to 1028 possibly.
Hello guys. Here is my 2 cents theory on why the gold acting so weird lately. Please give some other comments as well.
Yes, nobody knows what will happen tomorrow, but based on patterns we can safely assume that BTC has overheated. Enjoy the next few months fellas, it will be a ride, FOMO campaigns non-stop, don't get fooled, just play your day-trade, in and out, unless you are acquiring spot assets in which case HODL. If I were you, I would wait for BTC to re-test the 47,000...
For over 2 years we've heavily referenced the NAIL ETF ( Provided by Direxion ) to get a better sense of the overall housing market. As a measure of context, our experience / trading background included heavy exposure in supporting MBS (Mortgage Backed Securities) and ABS (Asset Backed Securities) reference data providers. This is in no-way investment...
It is clear that the cryptocurrency bubble has suffered a fall, but the worst is yet to come. Bitcoin does not have any kind of value, and this reminds me of the .com bubble of 99... where only those companies that really provided good value survived. Well, I think something will happen this way with the "Blockchain" technology. Many worthless projects will be...
On a long-term weekly chart of the S&P 500, I have noticed that the MACD can give us an idea by its downtrend (white line) of when we might hit the bottom of the bear market. Being long-term, this could be from 6 months to more than a year. Combined with our Elliot Waves and Michael Burry's prediction we have an interval for the S&P 500 to fall from its current...
It will go up..it will go down. TV wants me to say more...but there is nothing the chart doesn't already say.
Introduction This is pretty clear that we are witnessing bubbles on different markets every around 20 years period of time. These bubbles obviously are driven by the unreasonable greed of the investors. Market is always unreasonable but we can see some similarities between all bubbles. Japan 80's real estate and stock market Since Japan had monetary crisis...
Bitcoin will probably for the first time not hold its 200 WMA, thus changing the multi year bull trend. I expect even a drop to 10k. As usual we will have scam pumps by whales it will pump to possibly 30k dollar first, before crashing, so please fomo and let the whales dump on you! The market is NOT bullish, stocks have NOT bottomed out. Big warning! Whales let...
Disclaimer: This is a Newbie analyses with no past Experience! Don't get me wrong, I love everything about Crypto and appreciate being alive to witness this astonishing technology. Some people have made fortunes, others lost fortunes and salute to those STILL HODLING. 2020-2021 was INSANE, everything was hitting the roof, people invested pennies and got rich. But...
BTCUSD is a a pretty big danger zone as it drops towards the 2017 peak. The resolve of Bitcoin maximalists and dip buyers is about to be tested. So many say things like "Bitcoin bear market bottoms NEVER go below the previous cycle high!"..... never say never. BTC will rise again, but it's hard to say how low it may end up going before a bottom is found. "Rules"...
Im gonna say it! It is not a suprice after the fed printing trillions of dollars, they woud withdrawal it also with great intrest from the people that invested during that time. This is a bigger crash then we have seen in 2020... It doesnt make any sense, there for my conclution is that this was a bubble. If you believe in coincidence that the moment the fed...
This chart shows the monthly Nasdaq and S and P 500 going back to the early 70's, a little after the Nasdaq index first started (which I believe was 1971). I should note that it's a monthly chart, again, so it's SMA's are monthly based, and I use logarithmic scale for long term charts. Log. is not really for short term so much. I like to look at very long term...
Jerome Powell speaking today, market have setup perfectly to react to what he has to say