Salesforce (CRM): Decision Point ApproachingNYSE:CRM has risen higher than anticipated, but we are still holding on to our bearish scenario. Initially, we expected another leg down following the wick that we identified as wave ((a)), but the stock surprised us by pushing to a higher high, surpassing the levels of wave 1 and wave B at $348.86.
This move invalidated our first bearish scenario, activating our secondary outlook of a flat correction where wave ((b)) exceeds wave 1, which aligns with the current structure.
From here, our outlook is straightforward: if our bearish scenario holds, NYSE:CRM should drop below the wave ((a)) level, which is yet to be determined. However, if the stock rises above $360 and sustains trading at that level, the bearish outlook will be invalidated, requiring a complete re-charting of $CRM.
A decision point is approaching, and we will monitor the stock closely for further developments.
Capital
Game Over for the 100+ Year Economic Super-CycleDJIA. Just look at it, is it not funny how correlated everything looks on a 100+ year chart?
We are the the top. Can we this time get through the historically impossible resistance?
Knowing JPow, when market drops 10-15% he will spin up the BRRRRRRR into panic overdrive and we'll blast right through the final resistance line into pure hyper-inflationary environment where %age growth does not matter anymore, up_only.
Given that USA debt will shortly be $30 Trillion, if .gov bond rates would be at ~5% then that would be $1.5 trillion in interest payments on debt alone, or about 40% of the $3.71T tax revenue in 2020. Everyone knows that anyone who pays 40% of income just on interest, is bankrupt beyond all hope.
This is why USA will keep the interest rates low, there is no other way, regardless of what inflation does, and in order to so, the Fed gotta do BRRRRRRRRRRR, the markets will pump in nominal terms while inflation eats the actual profits. Deflation is the enemy of the state, because with deflation, large debts become non-serviceable, and as you know (if you been paying attention) that all money is debt that is loaned into existence. If the human civilization was to pay back all of its debts, there would be no money left, and we would still owe the interest. We are forced to perpetually borrow ever more to pay existing debts and interest. Inflation is designed into the current system. Hyperinflation is the inevitable end game. All (fiat) money is debt-- Sounds like double-speak, but such is life in the current financial system.
After a little dip to scare JPow to print MOAR, we should eventually break the top ultimate resistance line on DJIA, and move into a new paradigm of perpetual up & only up, which will be exponential and approach the current economic systems end-game at light speed.
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For over 100 years, the most capitalistic things of them all: the mediums of exchange- money and the value of money (the interest charged on $$$$), has been "carefully" centrally managed, controlled by The Powers That Be (and competition has been forbidden).
We are entering a new era, where medium of exchange systems compete with each other in capitalistic fashion, where people are free to choose in what medium they want to transact in, maximizing their own benefit. This does not sit well with the current TPTB, because they have seemingly effortlessly been able to reap incredibly disproportionate rewards by controlling the medium of exchange in communist fashion (centrally controlled by decree). TPTB do not even care about the money itself, since TPTB can create unlimited amounts, enough to buy the whole world, at any price and any time; they care only for control. Losing control creates panic, losing comfort creates panic, losing relevance creates panic. The Powers That Be are in full panic mode to maintain the status quo and their communistic cartel monopoly. With the current TPTB financial system collapsing, watch TPTB try to appear as the grand saviors with new "better" economic system, veiled in virtue and "good" intentions, but the systems will be even more communistic and centrally controlled, the intention has always been to maximize control.
Cryptocurrencies will help to change the world by offering alternative medium of exchanges that TPTB will not be able to easily control, but Bitcoin will not be part of it. Bitcoin can not be part of the revolution in its current state of measly 7 transactions per second, $50 txn fees during high network congestion and high energy cost. Somewhere, someone will figure out a solution to an energy efficient, decentralized, scalable, anonymous, non-inflationary, instantaneous medium of exchange for the entire planet, the greatest competitor the FIAT currencies will ever see. With the greatest competitor appearing, people will start abandoning the USD and Fiat currencies. While Fiat will not be abandoned entirely, it will finally have competition, and people will have a choice to opt out of debt slavery that's been forced upon them for 100+ years of central banking & inflation. We, the people, will have a choice we have never had.
Inflation of the money supply is a hidden tax on responsible savers where capital creation is forbidden in practice (but allowed in name) for common folk, because capital is eroded through inflation, forcing people to go to the big banks (instead of lending/borrowing person to person at their own interest rates (value of money)) in order to beg the banks for a loan, keeping the big banks and the parasitical TPTB forever relevant. The new era of competition in mediums of exchange will open the door for democracy and capitalism in the ultimate sense, where behind the scenes dictators who install puppets every 4 years will no longer be able to finance wars and their covert schemes through centrally controlled money printing at the expense of the human civilization. Competing, instantaneous, world-wide, independent mediums of exchange will be the Greatest Liberation in the History of Human Civilization.
Enjoy the Dow Jones Industrial Average blow out of the final resistance zone after a small reversal.
Enjoy the Dow Jones Industrial Average eventually become increasingly meaningless as it fails its purpose to serve as a useful indicator in a hyper-inflationary world.
Enjoy the future where you no longer are a debt slave.
Enjoy the Freedom that is coming soon.
We are close to the end game.
Special to Quantum ComputingIt's often said the people who made money during the Gold Rush were pick makers and Lewis Jeans Co. In the digital world, leaders in computing power are at the forefront of the biotech, robotics and AI revolution that we have embarked on. Grab your seat... "mutability" is a powerful skill to have. Understanding the environment and adapting to the ever changing landscape has never been more important. Let's talk about those SPACs Never been a fan until just last week more as a co-research project I'm working on for security.
Let's focus on one that was announced last Feb 2022 and is heading to a Special Shareholder Vote tomorrow. "D-Wave Systems, a provider of quantum computing systems, software, and services, said Tuesday that it has agreed to merge with special purpose acquisition company DPCM Capital (XPOA) to become a publicly-traded entity."
There is a special shareholder meeting for holders of this SPAC to readjust to the changing times. That event will happen tomorrow August 2nd 2022. If you missed it, check with IR and SEC public filings at edgar.sec.gov As a US regulated company, it should all be there. D-Wave in Canada is currently private and apparently firing on all cylinders from informal observations.
Canada filings would be done within the appropriate Authority & Regulator for that Jurisdiction. Check with a financial advisor. I'm just an observer on a keyboard that likes to look at charts, keep my nose clean and study the markets to find possible gems in the muck of "stuff".
D-Wave Systems is a great candidate for a SPAC reverse-IPO thing. Let's hope the Regulators on both sides of the border work together to make sure all eyes are on this one.
Note: This was the last update with summary from Feb 2022:
Update: D-Wave to Go Public via Merger with SPAC DPCM Capital; DPCM Shares Rise
Feb 8, 202208:47
(Updates with stock move in the headline and last paragraph.)
D-Wave Systems, a provider of quantum computing systems, software, and services, said Tuesday that it has agreed to merge with special purpose acquisition company DPCM Capital (XPOA) to become a publicly-traded entity.
Upon closing of the deal, shares of D-Wave Quantum Inc., a newly formed parent company of D-Wave and DPCM Capital, will start trading on the NYSE under the symbol QBTS.
The transaction values D-Wave at an equity value of roughly $1.2 billion. D-Wave plans to use proceeds of $340 million to further accelerate its delivery of in-production quantum applications for blue-chip customers and to build on over 200 US patents that it has been granted.
After the closing of the deal, the combined entity will continue to operate from D-Wave's R&D and head office location in British Columbia, Canada.
The Analysis:
TA As of August 1st 2022. Tradingview TA www.tradingview.com (note: XPOA symbol to change to QBTS apparently?)
Summary: SELL 14,7,5 (watch last number increase as Yes vote gets confirmed, the current hypothesis)
Oscillators BUY 1,6,4 (mostly neutral at 6 but 4 should be increasing)
Moving Averages STRONG SELL 13,1,1 (MA-only based short sellers/algos/traders want to sell. This could be a formidable short squeeze potential in vote is large, or shorts could be predicting this is garbage).
Fundamentals
Everything depends on the vote tomorrow. Based on all information findable in Public (via SEC Edgars and other official sources). This is a Watch or Casino Bet pending vote. Tomorrow will confirm a Bullish Run or an abysmal US SPAC failure. Dog Food Fund Candidate "pre-IPO" "smelly SPAC" XPOA -> NYSE QBTS Quantum Computing "junior" that is a leader in its North American space. Place your bet, trade or investment .
Diem Raise $200BMeta (formerly Facebook) threw in the towel on its grand plans to create a digital currency last year. Earlier in 2022, though, it sold the remaining assets to Silvergate Capital for $182 billion
The team behind the original Diem project announced they were working on a new blockchain called Aptos in late February. On March 15, they outlined massive funding round from crypto VCs.
The startup has closed a $200 billion strategic investment led by Andreessen Horowitz (a16z), with participation from Tiger Global, Multicoin Capital, Three Arrows Capital, FTX Ventures, Coinbase Ventures, among others.
GREAT GBP/USD TRADEIf you saw my post about the dollar index I mentioned that I was looking for GU buys… Perfect 1:3 risk reward ratio risking 2% so I made 6%… My gold trade was a loser so currently up 4% for the day… If you could make 2% a day and compound your money by reinvesting 100% of your earnings, your on your way to being a millionaire. Happy trading #diamondbrotherscapital
GOLD analysisGold continues to move higher on the larger timeframe, its always best to follow the trend. Gold is currently moving lower approaching this area of demand. If you look at the dollar index, you can see that it may continue to get weaker. If that is the case than this will send XAU/USD to the upside. Nothing is certain so losses can occur but as long as your risk reward is good, you will be profitable in the long run. Happy trading! #diamondbrotherscapital
XRP/USD FOR MY CRYPTO TRADERSXRP/USD seems to be in a uptrend on the larger time frames and is approaching a nice supply area... I am in a long trade to the upside with a nice 1:3 risk reward ratio... Ultimately this is what its all about, it doesn't matter how much pips you make, what matters is your RRR. The sooner you understand that, the sooner you will be in profit. Happy trading!! #diamondbrotherscapital
GBP/NZD possible move to the upsideGPB/NZD is in an uptrend on the longer timeframe, let price pull back for a cheaper value price, and then go down to lower timeframes and look for an entry to the upside... I will be sharing my exact entry, stop loss, and tp with my subscribers, cheers to a great trading week #DIAMONDBROTHERSCAPITAL
Southern Company Outlook for 2022Pour 2022
In my previous idea I'd said I was halting accumulation to see how SO was going to perform the rest of December. The main driver behind this decision was I didn't want to purchase shares at price levels SO hasn't been able to hold consistently. Basically: Anything above $63 I considered "wait and see". Building on my earlier idea, in 2022 I think this will change. My major expectation is for investors to search for safer assets: Bond-like equities.
My reasons for believing this are two fold:
Firstly, the investors of newer money are (I think) approaching the trough of the time vs. knowledge curve. Simply put: new money is learning enough about markets to know it doesn't know much. This will increase flows to safer sectors; namely: Utilities. Utilities, and the stable source of capital expenditure and profit they represent, will attract many investors unfamiliar with a stock market absent of Meme stocks and volatility.
Secondly, economic conditions are tightening. Simply put, inflation is hot and has completely removed any momentum the already weak "recovery" had. 2022 will, in my view, have a major theme of a return to pre-COVID economics. Namely: disinflation, lower job openings, and slowing world trade. Utilities, historically, do very well under these conditions.
Beyond 2022
As stated above, demographics and economic conditions will return to pre-pandemic structures. One of these conditions is a lowering birth rate. Seeing that SO supplies power to people, having less of them isn't a bullish indicator. However, COVID did introduce a very bullish condition for SO's area: migration. The flows of new people from liberal states into the southeast (mostly GA) will, in my view, continue clear through this decade.
Financial conditions will also tighten significantly, regardless of FED actions. This has been the case for almost 40 years with Reserve actions having effects only at the margins. This is predominantly due to the fact that large monetary spending has placed significant bulwarks against American citizen's progression. Money can be printed but until it's cheap enough for the already over-indebted populous to borrow, debt will continue to destroy future purchasing power. The theme for the decade will be disinflation as the economy grinds to a near-halt under the weight of our own debt (this is a long process). Utilities and mega-caps will be the only place where capital can survive relatively un-molested. Flows into these assets (and the indexes that hold them) will grow parabolically as will their valuations.
Price Targets
I'd expect to see >$87 per share by or before the end of 2022.
As for right now, the stock is overbought on rather silly news (an upgrade from hold to buy). I don't expect the present price to stand over the next few months and would expect a trend down to the mid-sixties.
My new buy target, however, I've raised to $65. Anything below $60 I'd consider a very strong buy.
A truncation is in the correction flat waveBased on the chart, I realized a truncation wave what is completed at 0.71728.
CAPITALCOM:AUDUSD is retracing to around 0.77834 (wave B), why?
Because, wave A is truncation that proved seller's weakness and wave B can retrace to 0.236 Fib to complete a flat wave.
Time will tell....
What Is Capital Partitioning ? How will it help you as a trader?Hi everyone:
Let's talk about capital partitioning, which is a risk management approach for consistent traders to utilize to allow them to leverage their capital.
You may ask what exactly is capital partitioning ? well to simply put it in words, it is basically divide up your trading $ in the current trading account into 2 or more sub accounts.
So what's the point of doing that you may ask ?
Well, with leverage, a consistent trader does not require to have their entire money deposit into one trading account.
They can allocate the asset into different trading accounts to reduce risk as well as trading different markets available
Let's take a look here:
Say I have a $100,000 trading capital. I understand risk management, trading psychology, and will not over trade, over risk and revenge trade.
Hence, it's in my best interest to divide the $ in this account into a different accounts, or simply in a liquid-able account such as a savings account, stocks, bond..etc
Here are a few scenarios that you can implement into your trading accounts.
Understand that the % to allocate, what other trading accounts to deposit $ into, and how to move around the $ is totally up to you as a trader.
The most important is to make sure you are a consistent trader before you approach this type of method.
As more accounts you divide your capital into, the more % you will need to risk per account as you need to open bigger position sizes now.
Any questions, comments, or feedback welcome to let me know.
Thank you
I will share other risk management educational videos that can be helpful for you.
Risk Management: When/How to move SL to BE and to profit in a running trade ?
Risk Management: How to filter trading opportunities if multiple setups are presenting entries:
Risk Management: 3 different entries on how to enter the impulsive phrase of price action
Risk Management 101
Risk Management: How to set a Take Profit (TP) for your trades
Risk Management: How to Enter and set SL and TP for an impulse move in the market
Risk Management: How to scale in the impulsive phrase of the market condition?
Risk Management: Combine everything you learn to prevent blowing a trading account
Lucid Motors - CCIV - Recalculating - Technicals vs FundamentalsLucid Motors - CCIV - Recalculating - Technicals vs Fundamentals - From a technical standpoint, CCIV should return to close the gap around $50 after bouncing off the golden zone support. This is taking a long time for a company that is expected to increase in value with momentum. From a fundamental standpoint, Is the initial merger even complete? When will the symbol change from CCIV? There is no concrete delivery date for the first car deliveries. Each time they demo the car, they mention more improvements that need to be made. Then there's the elephant in the room. If the Lucid developers are from Tesla, will there be patent issues with the design and technology? Or is Tesla completely open source? Finally, from a speculative standpoint, if Apple is interested in Lucid, why wouldn't they purchase the entire company and cut out CCIV (is the CCIV merger final?)? We know Apple was interested in buying Tesla at one point. Basically Lucid needs some FIRM announcements to launch this stock to the next level. This is not financial advice.
CCIV - Lucid Motors - Patiently waiting for the gap fill at $50CCIV - Lucid Motors - Patiently waiting for the gap fill at $50. CCIV has started trending upwards. Patience Patience. Not Financial Advice.
Lucid Motors - CCIV - Ready to break out?Lucid Motors - CCIV - Ready to break out? After a small inverted head and shoulder pattern, is Lucid Motors (CCIV) finally ready to breakout? We will see? Not Financial advice.
Churchill Capital - CCIV - LUCID Motors - The Gap is filled!Churchill Capital - CCIV - LUCID Motors - The Gap is filled! From a technical point, price is free to go up and fill the larger gap above? We are now expecting some fundamental catalyst to spark the turnaround? What will the catalyst be? Any thoughts? We will see? Not financial advice.