Pandemic
EURCHF on its way to ATL1. Be aware that the SNB (Swiss National Bank) had set a minimum exchange rate of 1.20 CHF per EUR for some years to keep Switzerlands economy in place, because we rely on exports.
2. This synthetically set level can be seen in the period from 2012-2013 where the price basically did nothing for weeks and was just kept alive at that rate
3. On 15.01.2015 this synthetic minimum price was abolished and the price dumped instantly to under the equilibrium, even to 0.96 EUR per CHF. Historical moment!
4. Notice the bearish retest in 2018, what a beautiful rejection there at the last support from 2015.
5. Around start of the pandemic in march 2020 we had a bullish retest of support at bullish weekly OB indicated by the "tick" in green.
6. At the moment we broke this support and I am expecting another break and retest of this 3-month support @ 1.0418.
7. Last but not least, there is a big liquidity pool resting around the sell stops at 1.0234 , above and below. Probably will act as a magnet for price action and a big stop hunt happening there.
CONCLUSION:
--> EUR is at the brink of doom here, holding at the last support in its entire history to the Swiss Franc.
--> the narrative behind the weakness of EUR is the non-stop-printing of new money during the pandemic caused by the ECB
--> add the relatively stable condition of the swiss economy regarding the rest of europe into the mix, and you have enough reasons to sell your EUR to CHF
As a swiss-based trader, wanted to have a look at my personal exchange rate for buying things abroad or taking bigger investments like land and real estate in cheaper european countries. Applying some fundamental knowledge here, but mostly the chart explains itself with its price action. Hope this chart gives some clarification and insight!
SPX: Market MoversGood morning everyone,
Below is a list of some of the events that have most influenced the movements of the American stock index from the beginning of the Pandemic to today.
The same events can also be used to accompany the movements of other indices to study their effects.
Apart from some unforeseen events, everything revolves around and is supported by what is decided by US policy in Congress and by the Federal Reserve.
The factors that worry the markets most are the uncertainties about the fiscal and monetary policies of the main western economy.
1) March 6: US Congress approve $8.3 billion Emergency Coronavirus Spending Package ;
2) March 15: FED announce approximately $700 billion in new quantitative easing (QE);
3) March 18: US Congress approve $192 billion Coronavirus Emergency Aid Package ;
4) March 23: FED announce “unlimited” quantitative easing (QE);
5) March 25: US Congress approve $2.2 trillion CARES Act ;
5a) April 8: Biden became the presumptive nominee after Sanders, the only other candidate remaining, withdrew from the race;
6) April 28-29: FOMC Meeting;
6a) May 8: The national unemployment level reaches 14.7%, with more than 33 million jobless claims having been filed since mid-March;
7) May 25: George Floyd protests;
7a) June 5: Biden surpasses the required 1,991 delegates to win the Democratic nomination;
8) June 9-10: FOMC Meeting;
9) July 28-29: FOMC Meeting;
9a) August 11: Biden announced that former presidential candidate Senator Kamala Harris would be his running mate;
9b) August 17-20: Democratic National Convention;
10) August 27: FOMC Statement on Longer-Run Goals and Monetary Policy Strategy;
11) August 31: Softbank;
12) September 14-15: FOMC Meeting;
13) November 3: US Presidential Election; BUILD BACK BETTER AGENDA;
14) November 4-5: FOMC Meeting;
14a) November 9-16: End Phase III vaccines Pfizer, Moderna and AstraZeneca;
15) December 15-16: FOMC Meeting;
16) December 21: US Congress approve $900 billion in relief (Consolidated Appropriations Act);
16a) January 6-7: United States Capitol attack;
17) January 14: first proposed $1.9 trillion American Rescue Plan Act of 2021;
18) January 26-27: FOMC Meeting; GameStop short squeeze begun;
19) February 2: Democrats in the United States Senate started to open debates on a budget resolution that would allow them to pass the stimulus package without support from Republicans through the process of reconciliation;
19a) February 9: Second impeachment trial of Donald Trump begins;
19b) February 13: Trump is acquitted;
20) March 4: The Senate takes up debate on the American Rescue Plan Act of 2021;
20a) March 11: US Congress approve $1.9 trillion American Rescue Plan Act of 2021;
21) March 16-17: FOMC Meeting;
22) April 27-28: FOMC Meeting;
23) May 7: Colonial Pipeline ransomware attack;
24) May 10: Israel-Palestine Conflict Intensify;
25) June 8: US Congress pass The United States Innovation and Competition Act of 2021 (USICA), $110 billion;
26) June 11-13: G7 Summit;
27) June 15-16: FOMC Meeting;
28) July 14: retreat from Afghanistan;
29) July 27-28: FOMC Meeting;
30) August 10: Senate passes $1.2 trillion Bipartisan Infrastructure Bill;
31) August 31: Evergrande;
32) September 21-22: FOMC Meeting;
33) October 30-31: G20 Summit;
34) October 6: Congress Passes Bill To Raise Debt Limit By $480 Billion;
Hope the above is of interest but if you have any queries please do not hesitate to ask.
Good luck everybody!
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
DXY, From Bearish to BullishThe chart says it all, the momentum of DXY has recently been bullish. There should be some consolidation around here. Once the consolidation is over, it has two choices. The first choice is, it will continue to go up and go back to Pre - pandemic levels. The second choice is, it will go down and break the yearly support which is the purple box. This will be interesting.
VIX: below normality levelHi Guys,
#Evergrande
#EnergyCrisisEU
My question to you is the following:
In your view, what's the risk posed by above two factors to Stock Markets?
Are these threats sufficient to bring back uncertanty?
Thank you for your thoughts and kind regards
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Before you decide to invest in foreign exchange, you should carefully assess your investment objectives, experience, financial possibilities and willingness to take risks. There is a possibility that you will lose your initial investment partially or completely. Therefore, you should not invest any funds that you cannot afford to completely lose in a worst-case scenario. You should also be aware of all the risks associated with foreign exchange trading and contact an independent financial advisor in case of doubt.
Oil is about to crash. Divergence. Inflation near its end.Oil is its last stand. Dollar is on its rescue from devaluation the currency. No hyperinflation is modern time.
FED bank have printed and push not just oil to record levels from minus prices. Lumber to stellar levels with copper.
Commodity sector is very overpriced over all because of the inflation thats been going on since 2017 and zero rate for 10 years.
We are in Inflation to Deflation status for now. next move is to resurrect the dollar is to midpoint and probably highs again like in 2020 like 97-105 dollars.
With that in mind, everything is going down with the next move. Dollar and VIX and bonds will go up when investors and bankster will go into cash and more secure products.
35 dollar in WTI is most likley in the near future.
prev:
There too many factor playing out and 2021 the Q3-4. Printing more and more money to stabilize market. Wont last.
Too much devaluation of dollar would risk more to the ecnonomy. Money would become worthless and it will never be a hyperinflation again.
Dollar is already hovering around lows but still building upwards. As we seen in 2020 the dollar spike hard at crash of all the bond buying and selling of stocks.
In the greatest Pandamic of all time is the best year for big companies and worst for smaller ones. I proves big things are gonna come very soon. If you look
at all the insider trasaction of 2021 you can see Walmart, Facebook , Amazon, Google , Netflix and many more of the biggest shareholders selling of big profits.
Some every day and some every week. Tells they have fear and retail person have no clue. Time to call this move. The banksters did a massive move from highs with above 20% move
to the upside to liquidate retails marginal calls. Prices of Lumber sored most in history and crash this summer to its lows again. We had minus price in WTI and almost 80 in WTI after its lows.
Big things is going down and it will get a lost worse. Unemployment is still at its highs, what will happend when savings account and stockmarket will fail. 10x the 2008 is coming. By just looking
at the FED system and the debt. We know. By looking at insider trasaction. We know. By looking at technicals are all levels we are going to have a big Deflation/Recession to stabilize the currency of domination
and reset the economy to whats needed. Exit the market or do you placements. But dont get greedy for more upside.
Corona the Pandemic, The Recession of 2021. The Banksters.Corona the Pandemic, The Recession of 2021.
There too many factor playing out and 2021 the Q3-4. Printing more and more money to stabilize market. Wont last.
Too much devaluation of dollar would risk more to the ecnonomy. Money would become worthless and it will never be a hyperinflation again.
Dollar is already hovering around lows but still building upwards. As we seen in 2020 the dollar spike hard at crash of all the bond buying and selling of stocks.
In the greatest Pandamic of all time is the best year for big companies and worst for smaller ones. I proves big things are gonna come very soon. If you look
at all the insider trasaction of 2021 you can see Walmart, Facebook, Amazon, Google, Netflix and many more of the biggest shareholders selling of big profits.
Some every day and some every week. Tells they have fear and retail person have no clue. Time to call this move. The banksters did a massive move from highs with above 20% move
to the upside to liquidate retails marginal calls. Prices of Lumber sored most in history and crash this summer to its lows again. We had minus price in WTI and almost 80 in WTI after its lows.
Big things is going down and it will get a lost worse. Unemployment is still at its highs, what will happend when savings account and stockmarket will fail. 10x the 2008 is coming. By just looking
at the FED system and the debt. We know. By looking at insider trasaction. We know. By looking at technicals are all levels we are going to have a big Deflation/Recession to stabilize the currency of domination
and reset the economy to whats needed. Exit the market or do you placements. But dont get greedy for more upside.
(To be clear, recession has not begun. -35.87% drop is not a recession.
its above 50% to be a recession counted as one. we did a too rapid drop and too rapid recover for sustainability.
Index have done around 1450-1500 point move every sustainable move.
now we have done 2280 points in a year in one go. We had Disjunction Pattern in 2017-2021.
We are about the get the worst crash in history. Biggest companies in the world are selling of massive share.
So many things proves this is one of the biggest bubble every created.
Printing money cant sustain. It devalues the dollar. Dollar is on is recover.)
US30 THE END ?Wall Street dipped on Wednesday on concerns that the spread of the Delta coronavirus variant could slow economic growth and on uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies.
Shares of tech heavyweights were among losers with Microsoft Corp (NASDAQ:MSFT), Facebook Inc (NASDAQ:FB) and Google-owner Alphabet (NASDAQ:GOOGL) Inc were down between 0.1% and 0.6%.
Nine out of eleven sub-sectors fell with economy-sensitive sectors like industrials, materials and real estate leading declines.
Gains in energy shares helped limit some losses with Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX), Occidental Petroleum (NYSE:OXY) and Halliburton (NYSE:HAL) up between 0.6% and 0.3%, as oil prices jumped on lower output.
U.S. stocks have come under pressure in recent days as investors have turned increasingly cautious following Friday's weak August payrolls data and uncertainty over the Fed's tapering.
"The big question is the uncertainty around the level of economic growth slowdown, tapering and the potential of escalating inflation," said Sam Stovall, chief investment strategist at CFRA.
"Investors are thinking they don't want to be highly exposed towards potential growth sectors, instead the interest remains towards the safety of tech stocks."
St. Louis Federal Reserve Bank President James Bullard told the Financial Times that the U.S. Federal Reserve should move forward with a plan to trim its massive pandemic stimulus program despite a slowdown in job growth.
Stovall said CFRA economists are lowering the growth forecasts for the third quarter, but were still optimistic for the wider economy to grow for the rest of the year.
The S&P 500 and the Nasdaq have gained around 20% so far this year on support from easy central bank policies, but a jump in coronavirus infections and weak economic data have raised worries on the pace of economic recovery.
At 10:17 a.m. ET, the Dow Jones Industrial Average was down 11.74 points, or 0.03%, at 35,088.26, the S&P 500 was down 2.96 points, or 0.07%, at 4,517.07, and the Nasdaq Composite was down 43.66 points, or 0.28%, at 15,330.67.
Perrigo Company (NYSE:PRGO) Plc jumped 6.1% after the drugmaker said it plans to buy HRA Pharma from investment firms Astorg and Goldman Sachs (NYSE:GS) Asset Management in a deal valued at 1.8 billion euros ($2.13 billion).
Cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc fell 3.5% after the U.S. securities regulator threatened to sue the firm if it goes ahead with plans to launch a crypto lending scheme.
Declining issues outnumbered advancers for a 1.29-to-1 ratio on the NYSE and for a 2.13-to-1 ratio on the Nasdaq.
The S&P index recorded 13 new 52-week highs and one new low, while the Nasdaq recorded 31 new highs and 16 new lows.
Seasonality In Commodities As The Summer of 2021 EndsAs September began last week, the markets are nervous. Stocks have seen some pretty awful seasonal price action in September and October. Crashes occurred in 1929, 1987, and 2008 in October.
Commodities are highly seasonal markets. Some commodities typically reach seasonal highs and lows during various months of the year. Futures prices ordinarily reflect seasonal factors.
Seasonality is a historical pattern, but 2021 is anything but a typical year
Grains enter the harvest season
The grilling season for meats ends
Natural gas and heating oil enter the peak season while gasoline moves towards a seasonal lull
Expect the unexpected as 2021 as seasonality takes a back seat in markets across all asset classes
Meanwhile, as we move into the fall season in 2021, the impact of the worldwide pandemic continues to grip markets. Moreover, markets reflect political and economic landscapes. Seasonality could take a backseat to political changes in 2021 that are impacting the global economy.
The natural gas and heating oil futures markets will move into their peak demand seasons over the coming months as winter approaches. The 2021 harvest will impact grain, oilseed, and other agricultural markets over the coming weeks. The Labor Day holiday marked the end of the 2021 grilling season, the peak time of the year for animal protein demand.
Seasonality can be a powerful force for prices, but in 2021, they’re much more going on that may change expectations and the path of least resistance for seasonal markets. At Bubba Trading, we follow trends. The futures markets adjust to seasonal factors in advance as they reflect prices in the future.
Seasonality is a historical pattern, but 2021 is anything but a typical year
Seasonality is logical in raw materials markets, but the fall season has been the time of the year for some of the nasty crashes in the stock market.
The October 1929 stock market implosion occurred on Black Tuesday, October 29. It began in September and ended in late October when the New York Stock Exchange collapsed. The Great Depressions began following the 1929 crash and continued through the 1930s.
While the stock market correcting in 1987 looks like a blip on the chart, the S&P 500 fell from opening in October at 321.83 to a low of 216.46 or 32.7% in only one month.
In 2008, the global financial crisis caused the S&P 500 to suffer its most significant downdrafts from September through October. As we head into the fall season, investors and traders will be highly sensitive to historical weakness in September and October and the stock market’s penchant for imploding at this time of the year.
In the world of commodities, seasonality is closely tied to weather conditions.
Grains enter the harvest season
While grain and oilseed prices have corrected lower since the 2021 highs, the futures are entering the 2021 harvest season at substantially higher prices at the same time in 2020.
As the monthly chart highlights, nearby corn futures opened in September 2020 at $3.4775 compared to the $5.34 opening price on September 1, 2021. Whole corn futures declined from the over eight-year high in May 2021 at $7.75 per bushel; they opened September at 53.6% above the previous year’s price.
The monthly CBOT wheat futures chart shows the grain that is the primary ingredient in bread opened at $5.4250 in September 2020 compared to an opening price of $7.0825 on September 1, 2021. Wheat traded to an eight-year high at nearly $7.75 per bushel in August. After correcting, the price was still 30.6% higher in September 2021 than the previous year.
The monthly soybean futures chart shows the oilseed futures opened at $9.48 in early September 2020 compared to $12.9150 at the same time in 2021. This year, soybean futures are 36.2% higher than last year.
The weather conditions, rising inflation pushing production costs higher, supply chain issues, and other factors have created a significant bull market in the grain and oilseed futures markets.
We could see more corrective action with the 2021 crop harvest over the coming weeks, but the cost of feeding the world has risen substantially from September 2020 to September 2021. While the weather in the US and the northern hemisphere had been the primary factor for grain and oilseed prices over the past months, the futures market’s attention will shift to weather in the southern hemisphere over the late fall and winter months in the US.
The grilling season for meats ends
The peak season for demand in the animal protein arena ended last weekend. It begins in late May on the Memorial Day holiday weekend and ends with the Labor Day holiday, marking the end of the summer. Grills tend to work overtime during the summer months and go back into storage sheds as the fall and winter are not ideal times for gatherings.
Typically, cattle and hog futures rally into the summer season and reach seasonal lows during the early fall.
The monthly chart shows that live cattle futures reached significant lows in October 2016 and September 2019 as seasonal demand weakness for beef weighed on prices. The April 2020 low was an outlier as the pandemic distorted cattle prices because of shutdowns at processing plants and supply chain bottlenecks. As the offseason for demand gets underway in the cattle arena, the market is experiencing an unseasonal bullish trend.
The monthly feeder cattle chart shows a similar pattern of weakness going into the fall and strength as the peak demand season approaches. Feeders are going into the offseason in a bullish trend with four consecutive months of gains.
Hog futures highlight a similar pattern to the beef market over the past years. The demand for ribs, sausages, and other pork products peaks during the summer months and declines after barbecues goes back into storage after Labor Day. Meanwhile, hog futures have corrected since June, but outbreaks of African Swine Fever in China, the world’s leading pork consumer, is underpinning prices.
Meat prices are higher at the beginning of September 2021 than at the same time in 2020. On the continuous futures contracts:
Live cattle opened on September 1, 2021, 20.5% higher than at the same time in 2020
Feeder cattle were 15.9% higher over the same period.
Lean hog futures were 65.5% higher from September 1, 2020, to September 1, 2021.
Meat and agricultural product prices that are highly susceptible to seasonal factors are heading into the fall season in 2021 at levels that are appreciably higher than last year at the same time.
Natural gas and heating oil enter the peak season while gasoline moves towards a seasonal lull
Energy prices are much higher at the beginning of September 2021 compared to the previous year. The end of summer marks the finish of the peak driving season in the US when drivers consume more gasoline and put peak mileage on their vehicles.
The chart shows that gasoline prices were 74.7% higher on a year-on-year basis on September 1, 2021. While the fuel’s price is likely to drift lower for seasonal reasons, the technical price action is bullish.
Natural gas is heading for the peak winter heating season, but the price has done nothing but make higher lows and higher highs since June 2020, when it reached a quarter of a century low at $1.432 per MMBtu.
The chart shows that natural gas futures have a substantial head start on seasonal strength as they were 67.5% higher on the opening on September 1, 2021, than the prior year.
Heating oil futures, a proxy for all distillate fuels, are seasonal but less so than gasoline as diesel and jet fuels are year-round energy commodities. As of the opening on September 1, 2021, NYMEX heating oil futures were 74.3% higher in 2021 than in early September 2020.
The shift in US energy policy that weighs on production at a time when the demand is booming has boosted the prices of energy commodities on a year-on-year basis. Rising inflationary pressures have only exacerbated the price appreciation.
Expect the unexpected as 2021 as seasonality takes a back seat in markets across all asset classes
The US dollar is the pricing benchmark for all commodities as it is the world’s reserve currency. The dollar index measures the US currency against other reserve foreign exchange instruments.
A stronger dollar tends to be bearish for commodity prices, while a falling dollar has the opposite impact.
The dollar index opened at the 92.17 level in September 2020 compared to 92.67 on September 1, 2021. The marginally stronger dollar has not weighed on the seasonal or unseasonal commodity prices, which have been in bullish trends over the past year.
Expect the unexpected over the coming weeks, and months and you will not be disappointed. Rising inflationary pressures, supply chain disruptions, policy shifts in the energy arena, and other factors are putting seasonality in the backseat of the commodities market over the past year. Meanwhile, those raw material markets that tend to rally during the fall and winter months could carry the bullish baton even more aggressively if the current conditions continue.
Seasonality is a critical factor for commodity markets, but 2021 is anything but an ordinary year.
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✅LUMBER|WHAT A RIDE😱
🏛LUMBER must have been one of the best performing assets since the pandemic begun
With the price increasing by whopping 581% from the covid crash lows
Such a massive surge was determined by the home building and renovations fad
With the disrupted supply chains adding fuel to the fire
Now, however, the pandemic hosing boom is over
And the price dropped by 71%
Almost touching the pre-crash high of 2020
I am swing bullish on lumber anyway, as I am more inclined
To believe in the higher that normal inflation in the next 5 years
ULTRA SWING LONG🚀
✅Like and subscribe to never miss a new idea!✅
Is your money worth reading "maybe´s"Hello Trenders,
Been thinking a lot to or to not publish this signal. Many of you expect a deep on global level, therefore I here show you some mathematic forecast.
This may not be the end of the world, yet it is far worse than the most downbeat forecasts. The evidence to support this outlook is in plain
sight. Some sixth-grade math is a good place to begin the analysis. Make 2019 economic output 100 (the actual figure is $22 trillion; “100” is
100 percent of that number; a convenient way to measure ups and downs). Assume output drops 20 percent over the second and third
quarters of 2020 (many estimates project larger drops; 20 percent is a plausible if conservative estimate). A 20 percent drop for six months
equals a 10 percent drop for the full year, assuming the first and fourth quarters are flat on net. A 10 percent drop from 100 = 90 (or $2.2
trillion of lost output).
Since 1948, U.S. annual real growth in GDP has never exceeded 10 percent. Since 1984, real growth has never exceeded 5 percent. The
highest-growth years since the end of World War II were 8.7 percent in 1950, 8 percent in 1951, and 7.2 percent in 1984. An assumption
that real growth will occur in 2021 at a 6 percent annual rate is a generous if unrealistic assumption. Such growth would qualify as a Vshaped recovery.
If our new base is 90 (compared with 100 in 2019) and we increase output by 6 percent in 2021, this brings total output to 95.4. If we
enter 2022 with the new base of 95.4 and increase that base by 4 percent (so, 95.4 × 1.04), we come to 99.2 in total output by the end of
2022. Here’s the problem. Using 100 as a baseline for 2019 output, and assuming 6 percent real growth in 2021 and 4 percent in 2022 (rates
of growth that have not happened on an annual basis since 1984), the economy does not get back to 2019 output levels. The hard truth is
that 99.2 < 100.
Source : The new great depression (2021).
What about if we really have a second wave harder then the first with mutatied covid?
I want to add, is not my intention to spread panic or "maybe´s" but the study got my attention.
Even the legends will have trouble surviving if this happen.
So how can a trader survive in this case condition by trading as only source of income???
Perhaps agricultural commodities will always perform....
The DAX Battle: You predict, We follow On the DE30, price has been ranging inside this wedge since many weeks without any success to go out of it. Now, as the path becomes narrower, it's time for a real battle between the buyers and the sellers. The buyers of course have a higher winning ratio since the world is recovering from the covid-19's pandemic that has drastically hit the industrial sectors in every country.
Now let's see what are your predictions for this one !
Stimulus - A ray of hope for tourism industry.MHRIL is a popular hotel company operating in India. The stock reached its all time high in 2017 and is consistently in a downtrend since then. After consolidating below the significant zone the stock witnessed the great covid 19 fall. After the recently announced stimulus package the stock has shown a fresh breakout of significant zone. Buying opportunity is seen if the retest is successful and covid 19 restrictions are further eased.
**DYOR**
MALAYSIA COVID-19 situation snapshotLooking at the MACD projection model for Malaysia, it is rather alarming...
The current wave is Wave 2 for Malaysia and it is accelerating at a faster pace than previously. suggesting that the plateau for this wave is further out, being months at least. Unless, a lot is done to control the situation pronto.
As I am not privileged to the local happenings, I can only see from the chart that there is a bigger wave in Malaysia compared to Singapore. Being close neighbours, it would be a while before clearance, and may even affect Singapore in some not so direct way in the future as well.
Take care everyone!
Travala AVA 300% gain this summer?Travala is my favorite Alt for a year now. I continue to buy the dips and sell the bounce. This is one of the undervalued Alts hit by the pending. If you believe this summer tourism and traveling will ease down, then have a look at AVA. Technically AVA is staying strong above EMA, continues to climb vs USD. My new entry is marked in blue. You can have a conservative exit at 1600 sats, then buy the dip or continue riding it to discovery mode.
Travala AVABTC my LT HODLThis is one of my favorite long HODL coins, I bought it and been accumulating as the blue line indicates. There’s a clear easy 50% exit green line (that I will not execute but sharing for reference) for he only sees short term gains. I am aiming much higher for a longer term as per the higher target. My confidence in AVA is due to fundamentals reasons related to traveling… once the pandemic eases down this summer, I expect it to pump so high.
If I could swing trade, I’d have bought and sold this coin several times… unfortunately I can’t swing.
Tell me what do you think? Do you swing? HODL for LT?
UK COVID-19 Next Wave ProjectionI was just having a conversation with a Singaporean good friend who lives in London, and called this afternoon upon learning about the (earlier expected) stricter measures that was just announced this afternoon. We were exchanging views on how the countries differ in the management of the pandemic, and the consequent success and failures. Then mentioned that UK may be next... and I offered to use the same MACD system to project for the UK from the current known status.
In the chart above, the MACD corroborates that the situation in the UK had somewhat stabilized over the last two months after their Easter lockdown. Thing is, there appears to be a levelling off, and the arc drawn is projecting how it might turn out over the next weeks... and projection made that the start of a spike is at the end of June, into July.
IF this projection is on point, then outnbreak news should be seen in the latter part of July.
Let's test this system again!
Meanwhile... do take care, stay safe, stay healthy, especially if you are in the UK.
Singapore COVID-19 Wave 3 UpdateSo... Technical analysis is not the orthodox tool for Pandemic infection monitoring, BUT it appears that IF we can look beyond the box, we can see more, and get ahead of the curve a little more.
This is the SECOND time the Singapore COVID-19 charts are giving us about 6-8 weeks heads up of an imminent spike in COVID-19 cases.
Much could have been done IF we looked closer and took appropriate actions.
Last post on this matter, on 5th March, it was clear and present danger that a 3rd wave spike was to happen in April... and now, we are in the onset of a spike in cases in Singapore.
It should be about another 8 weeks before things we under control...
This is NOT chance, but high probability (though unusual) projection of the dynamics.
You see, the RPM in the middle panel shows that it is not as powerful a run up this time (as previously expected); and the MACD histograms correctly warned of this imminent spike, now indicating that it is probably nearing a peak out.
This predictive model also works for other countries. So it is robust.
Till next time, stay safe and stay healthy!
PS... see related ideas below for the historical tracking
XAUUSD LONG IDEAS BASED ON FUNDAMENTAL AND TECHNICALGOLD ON THE RECESSION AND COVID PANDEMIC
THIS IS JUST AN IDEA AND EDUCATION PURPOSES.
BASED ON FUNDAMENTAL AND PANDEMIC.
MANY COUNTRIES BUYING GOLD AND KEEPING GOLD
TO BACKUP AND BALANCE THEIR ECONOMY AND ETC SINCE
THEY PRINTING A LOT OF MONEY.
WE WILL FOLLOW UP HOW THE MARKET REACTS ON CERTAIN LEVELS.
Lockheed profit target 25%I picked up some Lockheed Martin today, because both value and sentiment on the stock are looking too good to resist.
Value
I estimate Lockheed's forward P/E at about 12.5, which is really cheap for a megacap. Forward P/S is 1.5, and forward dividend yield is over 3%. I estimate Lockheed's PEG ratio at about 2, with the annual earnings growth rate sitting near 4%, the sales and dividend growth rates closer to 2.5%, and the free cash flow growth rate near 5%. These are pretty great numbers. Lockheed has about 23% upside to its median price multiple of the last 4 years. Its main competitor, Boeing, has been hemorrhaging money like a catastrophic head wound hemorrhages blood. Meanwhile, Lockheed's been enjoying tailwinds from recovery of TSA throughput numbers, proposed acquisition of Aerojet Rocketdyne, and announcement of a large UK military budget this year.
Sentiment
Analysts give Lockheed an average rating of 7.8/10, a solid "Buy." This rating has recently improved a few points. S&P Global gives Lockheed's fundamentals an average score of 77.25/100. Its ESG score is about average for its industry. Open interest from options traders is in very bullish territory, with a 30-day put/call ratio of 0.5. TradingView's technicals-o-meter is flashing "buy." The average analyst price target for Lockheed is more than 15% above the current price.
Trading plan
I sketched out a tentative view on how Lockheed might move from here. We're sitting right at a resistance and hopefully about to break out. If we get through resistance here, I'm looking for a fairly decisive move to about $394.50. From there, I'm thinking we dither for a while. A lot will depend on conditions in the larger economy, but with vaccinations, stimulus checks, and geopolitical tensions, I suspect Lockheed will eventually break out toward its all-time high. If it hits my second target, the profit from the trade will be about 25%. I'm hoping it gets there by the end of 2021.
MESA Airline stocks endured a miserable 2020 due to the pandemic, but Mesa is not a typical airline. The company operates small planes under contracts with larger partners. In Mesa's case, that means it flies primarily for American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), and Deutsche Post (OTC: DPSGY) DHL. The fee-for-service model has helped insulate Mesa from some of the losses its larger partners have faced during the pandemic. Mesa last week surprised investors with a fiscal first-quarter profit that exceeded expectations, causing the stock to gain altitude.