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Maga

S&P 500, Time to GTFO?Buy volume since the beginning of the year has dramatically decreased (#1), and price pressure is showing a bearish divergence (#2) in the third screen . At first I was somewhat confused how price was attempting to breakout again- facing a strong resistance area (previous ATH set in Jan), while buy volume has decreased a lot compared to the volume of buying seen in Dec-January time roughly 8 months ago, which was S&P500's buy volume when it reached it's all time high price (ATH). This baffled me months ago. However, recently it was disclosed through varies media sources(1), that companies have been buying back their own shares at a remarkable amount. This action was conducted in hopes of maintaining current high evaluations. The specific reasons could range anywhere from: A) The bull market run we have seen for the past two years, shortly after Trump was elected(2) is starting to slow down and head for a correction or is trying to maintain itself until a series of new buyers enter in. B) Uncertainty of the markets direction with regards to policies and regulations due to upcoming midterms(3). C) A natural Sector Rotation taking place(4). Upon reviewing all the information currently available it is my believe that the only thing keeping the stock market afloat right now are the corporate buy backs. (1) Media Sources: www.cnbc.com , www.cnbc.com , www.cnbc.com , money.cnn.com (2) Markets are driven by various key factors, one primary factor being confidence. Trump being the 'Big Money' President once elected officially into executive office has clearly generated market confidence once again within the US Market. Running on a platform the promised economic Tax Cuts for the citizens of U.S. and Corporations combined with a promise to decrease rules & regulations, thus providing corporate america with more flexibility. (3) The Democratic party which could potentially win the majority in either or both the House & Senate in the upcoming months may have the markets worried. This worry could stem from the Democratic platform of wanting higher minimum wages, more taxes towards corporations, and/or changes in regulations which could potentially impact corporate america. (4) Sector Rotation is the act of moving one's profits made in one area of the market, for this example let us use Nasdaq which is primarily composed of Tech companies (Nasdaq is also suffering same problem as S&P 500, albeit to a different degree) which have witnesses a great price increase the past few years, to areas in the market that haven't such as singular Energy corporations. The act of 'profit taking'. Money never leaves the market, it is simply re-invested into areas with higher earning potential. *I do understand that I have compared an Index to a singular, that said it was merely to explain here in very basic ideas what sector rotations is*
SP:SPXShort
by FG_Obelisk
3
To: Mr. Trump / Why do not you shut up? TVC:NDX DJ:DJI SP:SPX ES1! YM1! NQ1! This 1 hour chart show us that had already exceeded the 50 and 100 EMA, about to reach the dreaded 200SMA, BUT he has decided to tweet again, which puts a brake on all long positions and we enter the Ichimoku cloud which indicates a great dance of ups and downs turning a battle of #Bearish vs. #Bullish in the intraday, that the only thing that will bring is blood in the investors and North American companies. Great job #MAGA It seems that the No. 1 enemy of the North American economy is his own president, who does not understand much about it, he wants to affect companies like Amazon with his tweets or affect anyone who does not consider his friend. That is not the way to maintain stability in the stock markets, much less in the economy, it seems that it likes to generate panic and after living moments of stress in the S&P SP:SPX pressing the 200 DMA, but it seems that he wants to play with fire intentionally. Imposing tariffs and believing that economic wars can be won "easy" with enemies like China, destruction, uncertainty, fear and volatility is the only thing that is bringing every time, Mr. Trump expresses his opinion, what in the next months the historical supports will stop working and then we will have the great feared CRASH. www.bloomberg.com
CBOT_MINI:YM1!
by UnknownUnicorn1464680
MAGA and the Trump-led tax reformFrom the start of MAGA (Make America Great Again) POINT BRIDGE GOP STOCK TRACKER ETF started around September 7th it has been climbing. Around October 5th it reached its point climbing around 5.99%. In the last month is has only gained 0.42%, and in the last week lost 0.23%. This ETF is a compilation of companies that invested the most during Trumps election. I believe that the current await of the tax reform is causing a stall in corporations. Depending on the changes will depend on the "ramp up". If Trump gets his way, companies will get a tax break and stocks will Bull forward for the next few years.. If the Trump-led tax reform does not. Bears will be emerging out of their caves. My prediction is that the tax reform is going to be great for the stock market and after a gap that is needing to be filled, this stock will again be a slow chugging train back on up the track.
BATS:MAGA
by threekingspoint
Eur/Gbp getting exhausted (Short)-We're getting to the top of long-term range -Jackson Hole conference at the end of this week will host both Yellen and Draghi -Draghi will IMO be dovish to smaller or higher extend as per his latest comments of Euro "overshooting in repricing by financial markets" -Other circumstances indicate he wont be hawkish (no QE tapering for now -Will enter the trade as soon as market opens -"Sources familiar with the matter" said that Draghi will not deliver no new policy message at Jackson Hole -North Korea might spew out some aggressive headlines since there will be joint military drills in Japan (US and Japanese forces) - this might weight in to this pair as well Cheers
Short
by Chuck-Norris
1
XAUUSD Double Top Pullback April 3-7 Trading PlanOANDA:XAUUSD looks like it got rejected once again by the Wall of Trump resistance and needs one more pullback in my opinion 4H Timeframe View: It broke below the 20MA/50MA and looks like a hammer was formed which indicates a possible top formation Short: 1249.240 Stop: 1254 Target 1: 1234 The 200MA at the 4H Timeframe might provide decent support so I might take partial profits on this location Target 2: 1229 20DMA/50DMA are converging on this area so it might provide stronger support compared to the first target Target 3: 1225 The daily support trendline should be here so it needs to consolidate/bounce on this area if OANDA:XAUUSD is winding for a strong bull move Any feedbacks are appreciated!
OANDA:XAUUSDShort
by SimpleMillennialAverage
Make XAUUSD Great Again! March 20-24 Trading PlanOANDA:XAUUSD has broken out of the downtrend after the 1260 rejection and with hourly timeframe moving averages confirming the trend change. Bulls are still in the game and it looks like it will have another try against the Wall of Trump resistance. No big positions as of yet as I expected a pullback that didn't materialize and it consolidated for 2 days straight after the FOMC breakout. 4H Timeframe View: OANDA:XAUUSD is sitting just right above the 200MA and its looking to be a firm support for the next upmove 1H Timeframe View: OANDA:XAUUSD is forming higher lows after the FOMC breakout which suggests buyer strength. The 1230 level/20DMA is still acting as a resistance but as long as the current momentum continues it will be great to take a long position if there will be a short pullback to the 1206-1207 level and if the said level holds. Preferred Entry: 1226-1227.5 Stop: 1223 Profit 1260 Just in case the level doesn't hold, we can look for a pullback till the 1219-1220 and take a long position if it holds. Preferred Entry: 1219-1220 Stop: 1216 Profit 1260 Any feedbacks are appreciated!
FX_IDC:XAUUSDLong
by SimpleMillennialAverage
7
XAUUSD VS The Wall of Trump and Moving AveragesAfter breaking out of the bullish triangle, FX_IDC:XAUUSD shot up to the 1260 level. Its flight was halted because of the previous support turned resistance that was broken after the Trump Victory and not only that but 3 Moving averages from the Daily, Weekly and Monthly time frames. In my opinion FX_IDC:XAUUSD will have difficulties breaking this level so at least a pullback or even a sideways consolidation is needed to have more fuel for the bull rally. I won't discount the possibility that this might be a bearish retest of the Trump breakdown but if the level is broken and FX_IDC:XAUUSD holds above it then the case for a new bull market in Precious Metals is strengthened.
FX_IDC:XAUUSD
by SimpleMillennialAverage
2