The S&P500 has made a very large run up starting with the coronavirus liquidity crisis dump, and the entirety of that run up has been in an ascending wedge. This run in my mind has been mainly fueled by capital flight away from the dollar due to rampant inflationary activities at the Federal Reserve that go beyond the observed prior trend of the M2 supply. The...
A 50% retracement of the entire increase since March 2020 It would make a nice purge of all the bubbles that we have on the
Hey everyone, please see my current idea on SOL where my count suggests an at least 38% retracement of the whole bullish movement. This is due to the fact, that we have finished our first cycle on the overall weekly chart. What goes up exponentially, comes down exponentially too. My advice: Stay out. Greetings, RT
As a followup to my last two posts where I warned FTX:SHIBUSD was following a classic bubble/bust pattern the target has been reached on my short from the Kraken release hype. That was the last gasp. Now Shiba is the first of many cryptocurrencies to break the all important December 4th US Jobs Report Liquidation Low. I do not expect the bleeding to stop...
Who want to buy this ? :D We are in the bubble ready to explode Keep distance ! The explosion could to very strong. Mamamia !
On the left side of the chart i've compared a chart from 1891 - 1935 to show the similarities between chart back then and todays after the dot-com bubble. The orange chart is not stretch out or anything. It is there to show that when the bubble popped, price did eventually fall below the bottom of the previous sideways range (orange box). In '29 chart also reached...
Chart shows a reversal for the price of bitcoin, Price broke 50/100 day moving average with good consolidation. It is now resting on the 200 day moving average and 12 month moving average with a respected 9 sequential. The Price will consolidate in the 50% FIB before it starts moving in which ever direction god decides to take it :) Prediction is 100k by end...
Consumer staples/Consumer defensive stocks are a sector that is exactly what the name suggests. They are products and services that no matter the situation consumers are unable or unwilling to go without. Examples include, Walmart, Costco, Coca-Cola, Colgate-Palmolive, etc. These big name household staples are unlikely to give you the astronomic growth of the...
Apple is about to hit tremendous $3 trillion ($3,000,000,000,000 just look at that number!!!) market cap. The stocks are overbought on there's too much hype of Apple products, which are way too overvalued. The problem is not that it is overvalued by Apple company, it's ok, they define the price what they want. The problem is that it is overvalued by shareholders,...
MACD speaks for itself. I'm actually a little nervous. I'm not trading, just announcing something worrisome I noticed. That's why I put Neutral.
Before dot.com bubble MACD didn't crossed below signal line for 67 Months. Today we are at 26 Months. What do you think can we go further? P.S. This is logarithmic chart.
ETFs are by far the most popular form of investment, regardless of whether you are a parent saving up for your child's college or you're a multi-millionaire/billionaire banker, a good portion of your investments will be in exchange traded funds, regardless of whether that fund is for commodities, industries or indexes. Since their first implementation in the...
Short on Tesla so long as we stay below the yellow trend line not sure if it is ready to continue upwards without another retest at 1000 and perhaps a break here could lead back down to 900. Tesla is a mixed bag. Increasing EBIDTA looks good. Decreasing debt looks good. Debt to Equity ratio decreasing. Solid company. But the P/B and P/E ratios are high indicating...
I'll be the first person to call myself a Bitcoin bull. I have been daily cost averaging Bitcoin as an investment for a while now, but I am also realistic about the asset and know that no amount of hopium can make what I want happen unless the market wills it to be so. So, with that preface, I give you my projection for the next year. As with all long timeframe...
Look at a weekly perspective, whales are not trying to buy at this prices, they are trying to sell the crypto they posses. Always the crypto crashes are fast and then it consolidates for at least 6 to 8 months. We are gonna see a lot of bull traps to make us think it will go to the moon. 30K. First take profit for short. And if we have the oportunity to buy at...
As the majority of the investment community is aware, low cost index funds such as the iShares CSPX are a great way of investing your money in such a way that it will beat inflation and any other factors that will reduce the overall value of your money. Warren Buffett (CEO of Berkshire Hathaway) is notorious for recommending low cost index funds to those who are...
You just have to look at the indicators to know that there are important divergences, we are talking about time in weeks, in addition to the extreme euphoria that is right now in the markets, it may continue to rise, but you know, if something bad can happen, it will happen , Murphy's law. if someone hate ill love it , ill love u. Obviusly in 10 years it will be...
Can't wait to look back at these charts about 4 years from now and see where crypto is at. I believe anywhere in the low to mid 50k's a good buy on BTC if you're looking for a move up to 85-100k next.