Lockdown
LOCKDOWN 2.0 = Toiletpaper HYPE 2.0?Hey tradomaniacs,
many countries in europe are facing the second lockdown of this year and I`ve seen panic all over the place in my town.
Guess what.. I was in the supermarket and shelves were empty.. no TOILET-PAPER nor tissues.
Beside the question "What the hell is wrong with you guys?" I`m wondering whether we see a continuation of this behaivor during the lock-down and so a new boost of some quite interesting stocks that would benefit from this rush.
ALBANY INTERNATIONAL CORP is a good example for the previous "Toilet-Paper-Hype" everywhere in the world.
Will we see another hype? Balance sheets and Chart looks bullish to me even though we can expect the entire market to drop due to the upcoming events.
Just an idea.. I might give it a try! =)
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Peace and good trades
Irasor
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CONTINUE OR RETRACE Natural Gas could continue in this bullish channel however, I would like to see it pull back into this support level before going long again. You need to remember Natural Gas is a seasonal commodity and generally around winter time is when it will be utilized to combine that with another potential lockdown here in the UK could see people stuck indoors for longer than normal.
GBPCAD Ready for launch It's no secret that the CAD is going to be weak in the coming months. Why? The demand for the Canadian Dollar is linked to the demand for oil. As more countries face a surge in Covid19 cases, scrict lockdowns are in the books in order to slowdown the rise in cases. This implies lower demand for oil is going to fall as more people work from home.
I'll be looking out for EURCAD, USDCAD, CADJPY, CADCHF, & NOK pairs too.
RidetheMacro| Pound making a correction!📍 GBPUSD is trying to correct on Thursday but the COVID-19 pandemic and Brexit put too much pressure. The British Pound remains weak against the USD on Thursday despite today’s slight attempts to correct. The current quote for the instrument is 1.275xx. The Pound remains under pressure from two very negative factors, the coronavirus, which is reviving in the United Kingdom and not going to give up, and Brexit, London’s persistent and annoying problem. The increase in the number of new coronavirus cases in the United Kingdom gives reason to believe that the second wave of the pandemic is already here. If the speed of the disease spread remains the same as today, the government may have to introduce new quarantine restrictions as early as in October.
📍 Of course, it’s awful for both the Pound and the British economy. As for Brexit, it’s getting more and more complicated as time goes by. Talks with the European Union are stuck and, in this light, the British Prime Minister Boris Johnson is very aggressive in lobbying for a bill, which will allow the United Kingdom to unilaterally abandon the performance of some articles of the agreement that was approved in January. As a matter of fact, London is trying to rewind the time but the EU, which is quite sick and tired of all problematic initiatives coming from the UK, is highly unlikely to let it happen. Most likely, The United Kingdom will once again have to ask for an extension of the transition period and that’s a serious stress for the Pound.
📍 Technical Point of View The US dollar gains on Thursday, after signs of an economic slowdown in Europe and the US as a concern of the second wave of virus infections.
📍 The Euro already gets weak by strict lockdowns reimplementing again concerns and today release of German business sentiment.
📍 Pound weakness on Strong US dollar concerns and Today speech led by UK chancellor Sunak on to protect jobs and rising COVID 19 infections.
📍 US dollar strengthens by FED raising concerns on for more financial support for the US economy, but the US Congress makes it unlikely to help such support.
📍 Fears of the second wave of coronavirus in Europe are also supported USD and Investors turned backed to healthier assets.
📍 The US dollar expects to surge in spike as second wave and FED talks on the economy is worsens if Policymakers fails to deliver stimulus measures.
Until the Next time.
Ridethemacro
Time for Longs in Zoom AgainMore lockdowns will mean more work-from-home arrangements and more social distancing measures. Usage of video conferencing for work and for social purposes will continue to rise.
Despite the recent weakness in Tech Stocks, Zoom Video is testing its all time highs again. With surging Covid-19 cases and the threat of lockdowns looming in various countries, this stock is likely to power higher in the weeks ahead.
AFTER LOCKDOWN IMPULSE SHOPIFY IS RANGING - SHOPIFY - DAILYThe price has clearly moved up from February this year. There is a strong correlation between the pandemic global issue and the increase in price.
2020 has been a game changer and we have noticed that the market went up before finding a strong resistance illustrated by the horizontal red line.
Market price is still evolving along the main blue trending line, but might need to push down to the lower level of the new horizontal range created before testing again to break the red resistance.
Overall there a strong probability to see the market price break the red support line, any point close to the bottom support line of the new range is probably a good long entry point.
AUDUSD Potential Huge DropAUDUSD Likes to trend a lot. The pair moves quite "nicely" as far as pairs go.
AUDUSD Currently created a double top and stepping down with lower lows and lower highs.
Creating a liquidity gap that needs to be filled before continuing down. There is a high chance for a sell limit to be triggered in my middle grey zone and a high chance of having a nice tight stoploss.
Covid-19 Confirmed cases in INDIA analysis Covid-19 Confirmed cases in INDIA analysis
As You can see number of cases going high day by day & this Graph turned Parabolic .
In bearish scenario
If we are able to break Parabola then we can see less number of cases
steemitimages.com
In Bullish Scenario
if we are able to break 1/1 in this GANN then this is Heavily bullish & number of cases spike will be more high .
This chart only used for study Purpose .
if you like this chart give a thumbsup . Thanks
Aged like a fine milk"Health authorities": The virus will dramatically spread indoors. We are banning every large indoor events.
Also "Health authorities": Ok the population of West Europe and the United States is 80% urban and most people live in tall buildings. To protect the population we are ordering every one to stay tightly at home in a small apartment inside a large building with hundreds of people.
How am I typing this without it being a simpsons episode?
The result: Paris had more dead than Wuhan. 759 deaths per million inhabitants (versus Marseille at 149 I think).
New York City, total lockdown too: 2000 deaths per million inhabitants (that's really high, 0.2% of the whole city).
This interesting statement can be found via duckduckgo. Of course, completely impossible to find it via google.
This is what I think:
Using some common sense, we know (I hope this is true idk what to trust anymore with all the bs science) most of what comes out is liquid, infected people transmit droplets more than aerosol, so masks will stop alot of that and therefore it helps prevent infected people from transmitting the disease. If they don't touch their mask etc of course.
Healthy people wearing masks does not make sense, it won't protect them, and ye with all the humidity you're breathing in here it's an absolute breading ground for all sorts of stuff. Absolutely disgusting. How to get sick 101.
People that don't know if they have the virus: there is a small chance they might protect others, and a big chance they'll hurt themselves.
In either case the risk to reward is poor, the benefit it would make is so small, it makes close to no difference.
A solution: Wear a mask when in tight closed spaces to reassure yourself maybe?
change.org. Do your part to cose these rebel states!
www.change.org
Oh so now there is south carolina too? w/e
Let's compare it to neighbouring states.
I didn't look at when they got infected, at urbanisation, density etc. I'm not going to write and publish a whole paper either. Hopefully someone will.
Quickly looking at the numbers is fun, I'll do a few more that are in the area of the rebel states (no point doing california even thought it is close):
This is just a first look but looking at Europe states, France cities, USA states, USA cities, it appears that:
- Places with stay at home orders have more deaths in %
- Places with higher pop density have more deaths in %
- Places with the most severe restriction, compared to less severe, have more deaths in %
- Democrats compared to Republicans have way more deaths in %
People should end up noticing this. They can't be that blind. At some point they'll figure it out.
How this unfolds will be quite fun to watch :)
The odds of dying in a car crash or of obesity are still astronomically higher and no one cares.
California is strongly fighting "fat shaming".
long trade EURUSDUsing the RSI indicator and trend lines we can see a descending triangle, which is a signal of the market going bearish, this is the downward move till price hits the very lowest of the channel on the analysed chart. this will give us the long opportunity. Trade responsibly. Dopeman out.
GBPCHF movement Now we see the formation of a potential bottom.
Other factors, descending trend line with multiple touches. If we see a re test of the highlighted lower zone and another touch of the trend line then i am looking for a push to the upside. However with the corona virus and the recent news of a lockdown we may see violent behaviour across all pound pairs. Be careful when trading these pairs.