Expensive or not?PE, aka price-to-earnings ratio is basic gauge of how much investors are willing to pay in relation to earnings potential
Ratio
Double Tap.exe on the StableCoins Market CapThis is an experimental indicator I created.
The idea is very simple - I believe there's a positive correlation between stable coins issuance and BTC's(and other coins) price appreciation. Rising levels == buying power. For the last 2 years it managed to spot local tops/bottoms.
We just had a double tap on the line, which is very similar to June - July 2021 development, which marked the local bottom. Take it as you will, as always :)
Forecast | AMZNBias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Dizzy 👩🚀
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: Late stochastic buy.
Position: Short term day/swing trade.
Notes: Anticipating an earnings surprise. "I'm working on my day at the beach theme, please feel free to let me how you feel about it. Personally I think my sunset needs a little work."
Other: ( P/E RATIO Explained) "The price-to-earnings ratio ( P/E ratio ) is the ratio for valuing a company that measures its current share price relative to its earnings per share ( EPS ). The price-to-earnings ratio is also sometimes known as the price multiple or the earnings multiple. P/E ratios are used by investors and analysts to determine the relative value of a company's shares in an apples-to-apples comparison. It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time."
About the Author:
I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. "Please remember to comment, like, share, and follow me!"
About the Security: "Amazon, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services ( AWS ). The North America segment includes retail sales of consumer products and subscriptions through North American-focused websites such as... The International segment comprises the retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment consists of the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA."
32,741 and 35 cents: BTC Golden fib bulls MUST hold at all costsWe have crashed thru many fibs since the top at 69k.
Now approaching a "Golden" ratio (1.618 multiple).
Bulls MUST hold it (or orbit it) for any hope of recovery.
The Genesis fib helped call the EXACT Top at 69k (must see this).
Few posts before called the 52.8k Breakout (another golden fib).
In April of 2020 we knew 12.6k Break was the key to next bull run.
For your own copy of the Genesis fib, use this Single Page version .
Go under the Share icon (3 circles) and then choose "Make it Mine".
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ATOM/XMR is in a strong channel!Monero is the next Bitcoin, and Cosmos is the next Ethereum. Might as-well think ahead!
Strong fundamentals on both sides. Timing checks out!
TRB crawling out of the basement. Bottom In? $35 the key levelTRB is fighting a key resistance zone around $35.
Major Golden fib (thick 1.618) plus local golden 6.853.
Break and successful retest would confirm "Bottom In".
Plotted are 3 different fib series from different timeframes.
Thick lines are from very high tf so they have the most "gravity".
Red lines are from last wave down, thin gold+blue of last wave up.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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SMH/SPYSemiconductors have significantly outperformed the S&P 500 since 2015
Semiconductors are today's transports
$IPO/$SPY$IPO ETF strongly outperformed the $SPY from March 2020 to February 2021 but has been very weak ever since
This is a relationship to keep in mind when considering deploying capital to recent $IPOs
Bitcoin to 55k?My idea of BTC is that we go back to 55k maybe even lower to 52k. You can check the (BTC: All Exchanges Estimated Leverage Ratio) and we are at a 0.216 a sign for a dump?
How much bitcoin is better to pay for an ounce of gold?The scale of the chart is reversed.
Given the price behavior and past years, gold will be more superior to bitcoin . This chart is only for comparing the ratio of these two assets.
The Inverse SPY: YPS ETF is Outperforming YTDAs the title says, the YPS inverse weighted SP500 ETF is currently higher on the year than than the SPY. Something to take note of moving forward to understand where money is flowing.
Another way to study the relationship is ty type " SPY/YPS " into your ticker bar. Ratios tell a lot and respect trend lines and support/resistance just like any other security.
I hope your holidays are filled with love and joy!
The DJIA is at Risk of Losing a KEY LevelThe DIA is at risk of losing a key level relative to QQQ performance. A decisive close below the red box could signal further underperformance.
Pulse of an asset via Fibonacci: SPX true 4.236 correction done?"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
The Golden Ratio is the underlying building block of the entire Universe.
From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in there.
If there IS a God, then we will surely find Him/Her/It thru the Golden Ratio.
Shown here is the SP500 Index, and the correction started by a Covid variant.
500 large companies, each with hundreds of variables, worth trillions of dollars.
Yet, the "Answer" to that ridiculously complicated equation is "The Golden Ratio".
4.236 is the most common wave endpoint, so the correction may well be done.
The numerous "Pings" along the wave front confirm the validity of the fib series.
The "Impulse Core" (the golden pocket) will be the strongest resistance in this area.
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My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
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Money rotating from cryptos to precious metals gold and silverWith rising inflation the price of anything is not likely to go down, especially inflation hedges like cryptos or precious metals. The question for the savvy investor, though, is which will increase faster by percentage? To help navigate this, I created this custom Precious Metals to Cryptos chart, with gold and silver representing PMs at their respective rations, and likewise with Bitcoin BTC and Ethereum ETH.
As you can see we are in a falling wedge here. Usually such formations break to the upside (bullish for PMs), however it may be a bit soon for such a break (bullish for cryptos). I almost posted yesterday before this huge spike up because it was looking like the beginnings of a bottoming formation (bullish for PMs). However the price ratio failed to break the downward momentum (bullish for cryptos?).
Obviously things have been great for cryptos for a long time. It could continue, but past performance doesn't predict future results. If they did, then cryptos never would have outperformed gold in the first place. So when this all will change is anyone's guess. What I see however is the beginnings of a small but significant reverse head-and-sholders (bullish for metals). This is on top of my other charts pointing toward Q1 2022 looking very bullish for PMs. However there is some time to kill before Q1, so it could be worth it to stay more in cryptos in the meantime.
Of course, cryptos and sell off quick, sometimes before you're ready.
Do not come to the elves for counsel, for they will say both yes and no. That's me.
And what I do, is trade between metals and cryptos directly with the Kinesis platform so I never get caught holding the wrong kind of bag. Check it out here: kms.kinesis.money
Good luck out there, this is not financial advice, but stay safe (perhaps by diversifying) ;)
Silver-Copper Ratio breaking outThe breakout of the Silver Copper Ratio suggests Precious Metals outperforming Base Metals over the coming weeks
$gold - $silver ratio BT waistline of yuge megaphone, down!Huge make a phone there with gold silver ratio currently back testing it’s waist line which is also the waistline of a channel that is evident on the six monthly candles
If you go to my Twitter then you can see the zoom in the spot where it shows a wedge at that area last in the last several months that is likely to be a very bearish continuation
Dxy Is added as a factor to adjust for currency fluctuationsWe typically cleans up the signal on relevant assets
Sell XRP - buy XLM !!You will wonder !! How can he say 'sell XRP' when he has been holding XRP for years (and topping up his holdings constantly) ?
Now that SEC case is approaching resolution !!
Last time I bought XLM (selling XRP) was October 2019 - I bought 4 XLM for every XRP that I sold !!
Then I sold XLM (buying XRP) just when the SEC case began at Christas 2020 - WHEN 1 XLM BOUGHT ME 1.5 XRP !!! THAT WAS A DEAL !!
Now that XLM XRP pair was approaching the green box I intendet to sell 12.5% of my XRP to buy more XLM (mild trade).
I made a mistake and the move became aggressive !! I tradet 25% of my XRP for more XLM !!
I was almost regretting my move when I found some very interesting details:
LOOK AT THE GREAT PICTURE !!
XLM XRP is forming a BIG inverse Head & Shoulders pattern !!
We are now at a low point in the ratio forming the right shoulder !!
This low point corresponds at the apex of a bullish descending wedge (yellow formation)....
... of which the ratio just broke out and backtested this morging !!
Backtest was successful because after the short XRP rally, XLM is againg taking the lead !!
I GENUINELY THING WE ARE IN FOR AN XLM SURPRISE !! (But keep cool - still my portfolio is 45% XRP)
But now my XLM holding has been augmented from 8 to 25% !!! Whish me good luck !!
Cardano about to Outperform Ethereum ADAETH RatioADAETH Cardano's time to pump higher against Ethereum. Looks like the ratio has bottomed. Is it time to swap Ethereum for Cardano? Williams Vix Fix has also indicated a bottom in the ratio.
NQ - Priced to Discounted Forward EPSIt is rare when one can have their Cake & Bacon.
NQ performs this feat with Aplomb.
It is an amazing effort, the same around every EPS Season.
Lowering Guidance repeatedly while failing to make it widespread panic.
Discounted Future Earnings via Yields, while managing to swim itself out the
Abyss... remarkable.
Semiconductors had an Abysmal Q3. INTC's report was a comedy all its own,
after lowering guidance to Analysts 3 times... they finally managed a number
@ 1.11 for the Chinese Wall, only to exceed it by 60 Cents @ 1.71 - Surprise @ 53.61%.
Whee... but but but.... it was Wang Chung'd during Globex.
The result of this nonsense - INTC was sold wholesale from 56.07 to 50.75.
- www.youtube.com
VIX:ES - Ratio = Correction DEAD AHEADAS Spot VIX moves into the Gap Fill, the ratios are experiencing an
extraordinary out of balance situation.
This is due to both fear and greed.
Greed in Gamma.
Fear of Reality.
Buckle up, a large decline continues to gain traction while the Riggers
do their best to tip the Boat to one side.
Justa - bout Mission Accomplished.
Near perfect setup in VIX for 200% Gains
The Oil/Gold ratio, a path guiderFollowing our earlier post from last week on the 29th featuring a chart of the Oil/Gold ratio, we can see that we are back inside that trading range. Watch this 19-min video for more clues on how to trade the changes that could affect markets in the coming weeks in terms of volatility and trend direction.
Gold to GDX RatioGLD/GDX Ratio predicts bottoming pattern in the Gold mining stocks. Should be followed by an upmove soon.
