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Corona

NASDAQ - The second wave has begun!As we can see on the chart we have broken through the upward channel and we are ready for a correction. The correction on theory should have the TP1 target, but I think there is something else that could be going on. I have the following fundamental reasons for thinking that we will see much deeper drop: - The elections are comming in America and this creates a lot of uncertainty, because of the different policies that could get implemented if whoever gets elected. This makes investors worried and they could pull their invesments out till all of this has cleared. - The second wave of the virus has officialy started already in some countries like South Korea and also in Europe we see huge increase in new confirmed cases. There are many theories about a second wave in September which would be even stronger and this could scare investors aswell and pontetially close lead to closing down businesses which would triger even lower bottom. - The stimulus packages are not going to last forever! They actually helped people through unemployment and also gave a little economy boost, but once it is over, people won't spend money and the economy will slow down again. - There are many tenants who can't pay their rent and the landlords won't be able to recieve that rent, which they need to most likely pay for their mortgage, so this will lead to a chain reaction which will again slow down the economy and most likely cause housing crash. - There are many people who can't repay their loans, because they don't have a job or stable income, so there would be a higher default rate on loans. - The small businesses were damaged heavily by the virus and many of them won't recover, so this will hurt the economy and the people. - The gains we saw in the market are unrealistic and right now everyone is just buying in without good fundamentals, so this is bound to fall sharp at one point or another, because the banks have to take out their profits. When this happens and it is most likely happening right now, the market will fall and wipe out as aways the retail investor. My advice is don't short the economy just yet, rather be well diversified and reduce the risk! Make sure you have some money on the sidelines and be ready to buy into the market if we fall. Aways invest for the long-term and just be ready to buy more. Leave your comments bellow, if you like the idea give it a like!
TVC:NDQShort
by donaitelo
3
SP500 (SPX) Crucial Make or Break Moment [Full Explanation]In this analysis I will explain some fundamental concepts about the S&P 500 and how to prepare for a trade in this new week. The S&P 500 Index is market cap weighted. This method divides the market cap of a company by an index’s total market capitalization to determine the weights. This results in a weightings ranking that matches a market cap ranking. The stocks of Apple, Amazon, Alphabet, Microsoft and Facebook, the five largest publicly traded companies in America, rose 37 percent in the first seven months this year, while all the other stocks in the S&P 500 fell a combined 6 percent. This is crazy. This is hardly anywhere close what the SP500 was initially built for. It doesn't give you any proper diversification anymore. It's really basically a SP5 Technology Index now instead of a SP500. It's important to realize this, as you might think that the stock exchange market has completely recovered from COVID-19. It hasn't. The major tech companies recovered quickly, as they moved to working from home policies smoothly and had even opportunities rapidly scaling their online business. The brick and mortar companies didn't. If you want serious gains, consider investing in those companies that didn't recover yet such as Wells Fargo, Bank of America, Hartford Financial Services, or YUM! Brands. Only a fool will try to bet against the market and hold a short position over a really long time, but I still suggest a temporary short position here. What I mean with that is that this is not a great entry for a long on SPX, especially directly against a zone of incredibly strong resistance. Make sure to follow the age-old principle of buying low and selling high. The price is not low right now, not enough to justify a long position. What I suggest is to wait for another retracement, and get a better entry in. You can ride a short position until we get there, or just wait for a retracement and go long when you see fit. I think a value of around $3250 should do for this purpose. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
TVC:SPXShort
by Trading-Guru
9
AUDCAD 4H Inefficient Pricing - 1:10 Risk Reward TradeThis is a very small trade in terms of pips however the potential percentage is huge. There is an inefficiency shown on my analysis and this must be filled before pushing down from this head and shoulders formation. There are many ways you can incorporate multiple styles together. Using "smart money" with standard chart patterns and fibonacci can be a great combination! Focus on learning to understand how the markets move and you'll learn to manipulate Risk Reward in ways you'd never imagine.
Short
by BenCheungFx
COVID-19 VisualHere is a visual of the "deadliest" pandemic since the Spanish flu. 771,518 / 13,462,165 = .05 5% Death rate 95% Recovery Rate! (This is with NO vacine available!!) Not everyone who recovered did it naturally (could have used modern medicine and techniques to assist them) Not every death was due to ONLY having Covid at the time of death (could have been suffering from health problems, pre-existing conditions or a number of different reasons) This is an informational visual for those who are interested in the comparison. Opinion: blue line will increase violently orange line will slowly decrease to zero. You are encouraged to do your own research of the statistics and data available surrounding covid, the spanish flu, and other illnesses throughout history to form your own conclusion. Informational purposes only Opinions are welcome
R
by MarketMastermindsGroup