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Depression

SPY either outlier or on perfect course You can see there is a strong difference between the real cyclical bear market and the current correction. Also the primary bull market last 25 years last time from 75' till the 00'. We are now at around half cycle (13 years in). Last cycle SPX did 20x since cycle low the cycle before was around 13x (if data reliable), now we have just done 6x really underperforming. The 52 weeks MA has been the support of the bull market cycle as you can see in the chart. Hence I doubt the current correction will last for much more.
SP:SPXLong
by CFcryptoTA
2022 - Not the Recession We Want, but the Recession We NeedIn response to the Federal Reserve increasing interest rates yet again, the markets - both in stocks and crypto (and housing soon to come) - have been dropping pretty hard lately. For crypto investors out there: this is the sound of mainstream money from the general public leaving the space - they came for the party, then left after the party was over. The craze that we saw in 20’-21’ was really the result of NFT projects targeting people - largely cooped up indoors due to the pandemic - with a hype-based marketing strategy that seemingly resonated very strongly. Out of all the NFT projects that could have reached #1, it was the Bored Apes Yacht Club: it doesn’t take an art expert (although I do like to fancy myself as one at times) to see what BAYC’s success “means” - it’s obviously targeted at people who’s primary ethos is boredom…and exclusivity. In a way, BAYC is the perfect sign of the times - people bored of the lockdown, the rise of digital marketing and remote work, our reliance on artificial scarcity to determine “value”, and Web2 marketing/hype and investing practices all rolled into one. There’s a reason why even the Ethereum team (most visible Vitalik) renounced BAYC as something that ETH “wasn’t intended” to do. Adjective-Animal JPGs basically missed the point of why Web3 was created from the very beginning. Now that the Feds are tightening up their money supply (finally, after having printed endless amounts of it during the last few years) the “casino” market is about to come to an end. But just because the market is in a downturn doesn’t automatically mean that everything will be bad…there are lots of opportunities still there; they just look different from what we’re used to seeing up until now. For some of us out there, we’ve been waiting for this moment for a very long time. If you might have been thinking about changing or trying new things out in your life, now is probably the best time to do it because in a few months the world as we know it will probably get flipped on its head and most things will become unrecognizable anyway. During recessions people’s priorities tend to shift away from speculative assets and into savings; short-term investments into long-term; people shopping for interest rates on savings rather than loan accounts; and so on. Those who adapt will do well - but it will require a shift in mindset that may feel strange and unfamiliar. People say that “everyone” suffers during a recession but I tend to disagree - in any given market there are always winners and losers; money is game of how the idea of “value” compares itself to the price of goods around us. It is always relative to each other, in other words - and there are always ways to get ahead if you’re willing to look at the details close enough. - The Market Itself is a Bubble One thing to keep in mind that 80%+ of people don't own any stocks/crypto, so all the panic, hype, and emotional reactions you see in the media/social media is already a bubble of its own. Most people only see the prices of the things that they interact with every day - thing most people are seeing right now is that they see that inflation is cutting into their ability to survive day to day - and that something needs to be done. Until crypto products address these sorts of “bigger issues” of the public directly, it will always follow the general markets rather than setting the tone. The reality is that most people in living in United States were already used to massive inflation - the costs of living was already on the rise since 12’ onward (especially in housing, education, and healthcare - typically the 3 biggest expenses for the average person out there) and people were already getting squeezed out every year anyway. In the upcoming months there will be a lot of people with lots of money complaining about how “hard” things are for them, but I don’t expect there will be any sympathy for them - in fact, they will probably be the target for the next ridicule cycle if anything, really. What that means is that the economy was already hell for most people during the "good times" - inflation was already well out of control but we simply failed to acknowledge it. On a personal level, I lost more friends (especially artists) than I care to talk about: many were forced to move away from the places they loved because the costs of simply existing in certain areas became untenable. A lot of people I knew gave up on having kids, gave up on their dreams, went back living with their parents - worse case, some of them literally ended up on the streets simply because they were unable to pay their rent. People who have known me long enough know that prior to getting into crypto I was heavily involved with housing politics through the YIMBY movement - though this downturn is hurting my portfolio too, it's hard for me to think that a market crash would be a bad thing long-term, because not only would it would lessen the pearl-clutching incentives/behaviors of NIMBYs, it should also bring down costs of everything as a whole. And that is good for everybody, not just the few who happen to be lucky enough to get their hands on a certain type of ERCs. So while it may be unpleasant to see the numbers in your accounts go down, this is the correction that many have been waiting for - the correction that we need. Once the housing market stops going up, there’s less reason (and ability) for NIMBYs to defend their imaginary gains against the tides of supply and demand - and in the long run, the market should equalize itself to where it should be. What Web3 needs more of is people with a mindset of abundance rather than of scarcity - and this will become more important as the crypto ecosystem starts to mature. Web3 is not only a movement of its own, but it’s also a repudiation of the bad habits of the Wall Street/Web2 model - which has, over time, become a ponzi scheme of its own. Low interest loans allowed startups, politicians, and scammers to “fundraise” their way out of trouble: No money to pay for things we need? No problem - just print more! Company not profitable? No problem - just raise your Series Z to keep it going just a little bit longer! Ponzi schemes do actually “work” on some level, after all - as long as the market keeps on going up.As we’ve seen with what happened with LUNA/3AC - which was entirely backed on the fantasy of Bitcoin going up forever and forever - there’s going to be a backlash against the stock market too, so that’s something to keep an eye out for. How did Bernie Madoff get away with what he did for over 20 years? The market was always going up. Now that the tide is pulling, we’ll get to see who was swimming naked underneath this whole time. - It’s Time for the King (Bitcoin) to Serve its People Bitcoin is obviously the first of its kind and currently the market leader in the crypto space as we speak - but for how long? While Ethereum is moving towards proof-of-stake as its primary economic engine (taking most of its tokens along with it), Bitcoin leaned hard into the proof-of-work + scarcity model in the last few years and never looked back. Given that the store-of-value idea is not unique to any coin - and that the only “value” Bitcoin currently provides is potential speculative gains (which are on its way out as staking rewards start to look more appealing during a recession) and a strange retro-nostalgia aesthetic for the pre-08’ eras (which will gradually fade over time), it’s hard to see it surviving for the long term. More broadly speaking, “it was there first” is exactly the type of NIMBY argument that the market will “correct” in the upcoming recession, taking down a multitude of asset classes that have been relying on that mentality up until this point. Ethereum is attempting to escape that fate through their “merge” (we’ll see if they’re successful in doing that this summer), but Bitcoin has basically signed the pact to go down with the ship. In a few months, it could potentially be the only proof-of-work system left on the charts, quite literally. I’ve always found it odd that a lot of Bitcoin fans aren’t too shy about calling their coin of choice “King” - which is actually a fairly new phenomenon that came during the 16’-18’ run, not before. (The dev community was much purer back then.) This phrase clashes directly with their supposed support for decentralization and democratization of money - the cognitive dissonance there is massive, to say the least. (Since there is no on-chain governance in BTC systems a small group of miners usually end up controlling everything on the protocol level behind closed doors, btw.) There’s something very disturbing about the glint you see in their eyes when they claim that Bitcoin holders (not anyone else, obviously) will become the most “powerful” people in the world in a few years - I don’t think anyone outside of that bubble really believes that - especially now. This is the year 2022 and we don’t really have the time to idolize or fantasize the absolute powers of monarchy, even in imaginary forms. Web3 will rely on the transparency of ledgers to establish partnerships of mutual benefit, enforced by precision and reliability of smart contracts - but this requires us to get better at collaboration, rather than moving unilaterally and monopolistically, as Web2 has typically done. As is the case with modern monarchies - the royalty can either choose to step down or be taken down forcibly - one or the other will happen, either way. BTC has largely been left out of the development talks of Web3 systems as a whole, since they refused to fork out their systems to make compatibility improvements - it will eventually get left behind as the world continues to move without them. Luckily this will happen through the simple process of numbers going up and down - rather than having to deal with the fallout of it in the real-world itself. - What’s Coming Next for Web3? The typical pattern that the economy goes through during periods of recession is that they switch from a speculative to a savings mindset - when both the banks and the government spends all their money and have literally nothing left, what do they do? Raise interest rates to incentivize people to put money back in. As far as anyone can tell, the fundamentals of this relationship hasn’t changed and is not likely to have done so during this cycle either. In crypto this means that there will be less demand for NFT lotteries and higher demand for coins that offer staking rewards as a benefit - undoubtedly there will be more and more people searching for the best rates out there as the Fed starts to raise its rates even further in order to keep inflation under control. Interest rates has been at 0% for so long that most people probably forgot that it was a thing - staking was a hard sell even during last year’s run since news of its developments were largely out-blasted by the NFT mania as a whole. But as we start transitioning into a different phase of the economy, people’s priorities are likely to shift. Some coins that are well positioned to take advantage of this shift are Tezos, Algorand, Cardano, NANO, and many of the other coins that have been proof-of-stake from the very beginning. Ethereum and Dogecoin both have plans on switching over to proof-of-stake in the future (ETH supposedly in August, Dogecoin’s date is unknown), but the elephant in the room that nobody is talking about right now is the fact that Bitcoin doesn’t have the means (nor the plans to) transition into anything that is likely to be relevant in the near future. Time will tell, but we’ll see what happens over the course of the next few months, next few years, since what happens is likely to be a crucial turning point for the industry as a whole. Now that mainstream money has left the space, both whales and HODLers are waiting for the right time to reorganize their portfolios and get back in. With fiat money out of the picture, we’re likely to see more independent movement between coins and clear winners and losers emerge within the ecosystem rather than always moving in parallel as it has up until now. What comes out in the aftermath of all of this will be a very different crypto landscape - possibly with the “flippening” happening during the midst of it as well. As one last reminder, your portfolio going down is not necessarily a bad thing, if the goods that you pay for day-to-day gets, on average, cheaper. So I hope people don’t lose sight of the bigger picture and sees the opportunities and benefits that can come out of this transition as a whole. Money is about to get smarter: something that people have been demanding for a very long time. Well, if that’s what you’re looking for it’s coming right for us - hope people can recognize it when it’s here.
GEMINI:XTZUSDLong
by RyanTanaka
SPX - so CLEAN so FRESH Elliott Waves always BLESSHey traders, We are today analyzing the SPX, and we are going to prepare for a LONG, because we are soon entering the C wave. " Stock indices in the United States began lower on Friday, driven down by Tesla and Apple shares, as a strong employment data stoked fears of tighter monetary policy and rising inflation " LMAO They can talk about anything in the news or what, Elliott Waves is always before the news. SOooo, either we long now, or at 38.2%, but the strongest objective is right now at 23.6% No more description needed, everything is on the charts and also on my previous charts GL HF
OANDA:SPX500USD
by ModTrades
2
XAUUSD Ascending tunnel 4h Since 5th of June to today - ascending tunnel formation built out of higher highs and higher lows creating the shape of a tunnel going up. The range to sustain the pattern is 1789 - 1825. A break below 1789 with a 4h close, will allow for further decline down, as a first stage to 1760 hourly support. A break above 1825 with a 4h close, will allow for target of 1920 weekly resistance to reach in the short-medium term. Important levels range at the high 1790's and low 1800's. Triple top between 2011-2013 on the weekly level show around 1800 - relevance to today is high. A break above will be significant for the continuation of the uptrend breaking new highs. On a fundamental level, needless to say, 10 trillion USD printed money together with overall lack of certainty and hysteria continue to push Gold higher. Printed money dropping the US $ value and lack of real investment in equities don't provide much ground for drop of Gold price below important supports.
OANDA:XAUUSDLong
by Exactus
The start of a long train wreakSo in conclusion, with the merals issue, supply issue, housing issue, inflation issue, investors heads in the sand issue, tech issue, incompetent leaders (all of them) issue and FED issue. This chart being a fraction of a fraction of a percent from inversion in 10-7 and already inverted in 30-20 makes more sense then the random PPT rally an hour before close today. The trajectory in my honest opinion is downward for markets and the economy and inversions in the bond market. It appears the bonds are signaling a new black swan, this we will have to wait and see (reference .com, 08, 2014 and the pandemic for more) There will always be gains and plenty of ways of making money during this downturn, always is. Nothing goes straight up or down without the inverse being true too. I am calling for a missive recession, tho this is just my opinion. Let me know what you think? Can the FED save the day? Do you see a recession? I want to hear your thoughts below.
TVC:US30Y
by Joshuakm
Swiss Franc / US DollarThis is another specific position against the inflation happening in the US Dollar . Betting against the US Dollar in a "safe-heaven" currency as the Swiss Franc is considered as such. The total money supply of the US Dollar went from 4 trillion dollars in 2020 to currently over 6 trillion dollars. I have nothing to add here. Depressive times need a little bit of imaginativeness when it comes to investing, particularly important is the awareness of future changes in the FED's monetary policy, whether dramatically polarizing events will occur or not and how this as a whole will have an impact onto the markets for the next years.
Long
by FallenxAngel
$CMPS longOkay okay, I was way too early on this one and called it right when a bunch of Macro factors took a shit on the market. So yeah. Anyways now is the time. Thought I'd make this post since I am sampling their "product" and to correct my prior early calls. Their product is amazing and is a godsend for those that suffer from anxiety, depression, etc. All targets remain intact. Reached its "IPO" level and held. Nothing but blue skies from here on out in my opinion. Looking for this thing to hit $60, then $75, then $100. From there; no clue, I'll have to reassess at that point. RSI is more overcooked (oversold) than Aunt Bonnie's favorite Xmas dish.
NASDAQ:CMPSLong
by EBITDAtiger
2
Entered a Short based on TD Sequential on MYM using futuresEntered a Short based on TD Sequential Green 9 on MYM using futures on Tastyworks. MYM 2 Contracts. Every point is a dollar. Entered at 35,607.50. I am hoping for a reversal based on the Green 9. The U.S. Government is delaying the inevitable using stimulus and false hopes of inflation being transitory. The Shipping Containers stuck at sea on the West Coast. Bitcoin reaching new ATH's for people hoping to get out of the system. Civil Unrest across the world and here at the U.S.
CBOT_MINI:MYM1!Short
by sniperfox2021
SET Stock Exchange of ThailandThe Stock Exchange of Thailand is ready to make a last bounce followed by long period of Depression. The post covid happiness will create a Fomo in Multiples international Indexes with a fake return of Tourism, Medias and Televisions will speak about we are returning to the normality, but this will be a short term joy stage. Peoples will need some fresh air, they will move overseas for holidays, but the reality is their lack of money will make them spend less and back home faster, they will have to work harder and for years to refill their wallets decently. The money printer stimulus will generate more taxes out from nowhere in most parts of the World, a new inflation system will come to knock medium and poor peoples doors. Happy Tr4Ding!
SET:SETShort
by thecryer
1
THE MOST TERRIFYING FRACTAL. DEPRESSION COMINGThe market is completely disconnected from reality. Everyone can see that. We are seemingly about to "return to normal" post covid with most major cities ready to open back up. Even the most liberal cities like my own, Chicago, is finally going to allow its business owners to salvage what has been destroyed by their leaders policies. I fear this level of complacency will end with devastation very soon. Everyone sees the joke we call an equities mark. Cryptos like, "hold my beer", NFT's, cum coins, doge coins, shiba whatever, wtf is going on. Many bubbles form the same simple shape and apple macro is a massive bubble (see related ideas), similar to btc btc in 2017. Currently apple looks like it is making a giant topping formation (H&S) with HEAVY sell pressure, similar to btc on the medium time frames. It looks very very similar to btc before its recent tumble (which is far from over). It could be BTC is foreshadowing what is to come with apple (and the entire stock market). We will find out very soon if this plays out. I think the market conditions are ripe for this drop. If indeed this plays out we will see apple fall 60% INITIALLY. Can you imagine what the overall market would look like if that kind of a dump happened. I wouldn't be surprised if some news or event occurred to actually play this out. Very weird thing about charts is they often anticipate a big event. I fear whatever it is wont be good. This may be the final thrust into America. G*d help us.
NASDAQ:AAPLShort
by ceesounds
13
Greatest Depression in Our Lifetimes This Decade?This is all just hypothetical. Everything will eventually form a parabola. Do people really think we'll have another 10+ years of an artificial bull market in America? Do people really think there's no consequences for the unlimited printing of money? Do people really think the stock market won't eventually have a massive correction? It will be interesting to see how this decade will play out. Personally I'm pretty pessimistic about the future of the dollar and this potential market correction could be catastrophic and lead to social unrest given the rise in populism. Worst case scenario equals a modern day great depression that would be the biggest in the history of America. Just my opinion. Hedge well. Much peace love health and wealth.
NASDAQ:NDAQ
by peacefuljustin
23
Some of the most notable GDP contractions of recent historyRussia & Ukraine bit the bullet in 2008 and has some decline, and another decline in the mid 2010s (maybe made worse because of droughts?). They recovered by now (the US collapse might pull them down or maybe free them to go up). Even Germany GDP between 2014 and 2015 dropped by 15% (never heard of a great depression) , their GDP now is back to 2014 levels, it took 3-4 years to get back to pre-(undercover) recession levels. France same thing, Turkey, Iran, the UK, Canada... There is 1 exception: the US. Hey George Soros was right shorting it back then but he forgot about brrrrr. China is also an exception but their growth was so big it could absorb the hit, it went from 10% growth to 6%. The US GDP did not drop and growth not even slowdown. The life expectancy in Russia was skyrocketting until 1965, this is when it started to stagnate even decline a bit (it dropped in the US btw they're behind several African countries now). It's ridiculous it went from 24 yo in 1945 (even before the war it was at around 30) to nearly 70 by 1965. No wonder communism lasted so long. Ironically much of the gains were from babies surviving birth but soviets started furiously aborting, so the real life expectancy actually went down... From the fall of the USSR to ~2000 depending on the source the life expectancy dropped by ~5 years. The US life expectancy did not drop since WW1, until 2020. Covid, or foreign dependency? The medications other countries used were not easilly available in the US. What if all their hate for the many treatments 2/3 the entire world outside of the west have been using was just a silly way to avoid saying "yes they work, but we don't have any of these cheap drugs"? The silly restriction rules in Europe, and part of the reason why the death rate was so high, is (officially and when you look at the numbers) a lack of beds. They did not have enough stuff to provide treatment to the sick. I think it's possible the US were in the same situation they dug themselves in over the years. A country collapsing does not mean "stock indice go down", it breaks down in many other ways, and "stonks" can keep going up like the pyramid scheme they are. A grim conclusion There was only 1 superpower left in 1992. Soon there will be 0 left. The standard of living of the west will drop but the US will drop most because they are on life support from the rest of the world (China, Mexico, Germany, and many others de facto send humanitarian aid to the US to keep them fat and rich). The higher you push life expectancy the exponentially harder it is right? And it drops more. Life expectancy in the US is going to drop by 5-10 years. It dropped by 5 years in Russia and it was not as high and Russia was not as broke as the US. A large part of the "problem" is the aging population (that refuses to postpone the age of retirement and ask for even more social welfare). Nature always finds a way... There is euphoria now it seems. Everyone cheers when they get their stimulus checks. They won't be cheering when they die of old age at 70 years old. My call: Less than 10 years before "This was not real socialism".
TVC:DJI
by MrRenev
1