Retail
Carrefour (CA.pa) bearish scenario:The technical figure Rising Wedge can be found in the French company Carrefour (CA.pa) at daily chart. Carrefour is a French multinational retail corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores, and convenience stores, which as of January 2021, comprises its 12,225 stores in over 30 countries. The Rising Wedge has broken through the support line on 21/05/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 17 days towards 17.880 EUR. Your stop loss order according to experts should be placed at 21.370 EUR if you decide to enter this position.
Europe's largest food retailer reported first-quarter sales that showed a lacklustre performance in its core French market, overshadowing more robust growth in Brazil.
The French retailer said it was confident about its 2022 outlook, confirming a key cash flow target for the year, but this was not enough to support the shares following a 26% rise so far this year. Cash is key to Carrefour's plans to step up digital commerce expansion without the extra financial resources that would have been on hand if two planned tie-ups last year had not failed - one with Canada's Couche-Tard and the other with France's Auchan.
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whales manipulating bitcoin to the down side being sneakywhales manipulating bitcoin to the down side being sneaky
Heres how they are doing it:
They are buying bitcoin, etheum, etc in very small increments so trades are not noticed and retail can capitalized on it by selling into spikes.
Then they keep acculating until they see retail coming in to buy when fomo comes in
As soon as the algos determine they have enough retail suckers trapped the dump all there buys all in one shot causing retail to panic sell at a loss causing prices to plummet.
Then they buy the dip and slowly accumulate and start all over again all while maintaing lower prices as they go to not allow long term holders to regain there losses. if retail tries to catch up they will eventually run out of money or sell at a loss.
Brilliant.
What to do? Dont short term long trade. Its a waste of money and time since retail dont have market manupulation money like whales have. Only thing to do is buy on dips by dca and hold until bull cycle returns in 3-4 years. And hope fed starts printing money before then to keep cycle going. Lets see what happens.
Institutional Traders Turned BearishCoinbase premium has significantly dropped to the negative territory. With more institutional traders on Coinbase and more retail traders on Binance, the Coinbase premium over Binance’s BTC price has been a good gage of the institutional trader sentiments. Institutional traders have been willingly paying premiums throughout the past 2 years of crypto market boom and have just recently started trading at discounts. This is a sign that institutional traders are more bearish than retail traders in the current market.
While we could have relief rallies in the meantime, the return of institutional faith in the market is needed for any significant uptrend. In both the 2019 and Covid bottoms, the Coinbase premium turned significantly positive, which we have a long way from in the current market.
TCNS Clothing BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Musk + Bezos + Burry + Retail vs BuffetWho are the American stock market heroes?
1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com
2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown
3. The TV Star Dr. Burry!!! ( everybody loved the movie and want to short like him) warning that the crash is about to come twitter.com
And then you have these 2 points
1. The unpopular to youngsters Buffet investing more money fortune.com
2. Robinhood to allow all retail short stocks techcrunch.com
In my previous post, I showed how the 4-market phases look similar to today's market image BUT when everybody sees it you know what happens...
Future Enterprises FEL - India's Biggest Retail Chain is in RED<>
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- Catch the Stocks when they are Red, they say-
- There is no INDUSTRY more BLOODY RED than 'Old Physical Retail Outlets/ Chains' these days, Like BigBazaar Retail Chain in India.
- Already under debt of 25000Cr (almost $3.8Billion). Amazon and Reliance group (India's 2nd biggest business group) literally Battling it out in every COURT available in India and in Singapore to acquire its entire share.
- India, One of the Most Crowded place in the World, under the severe Impact of Covid, is unprecedented is breaking down each day.
People are dying, govt trying hard but it is not enough. Country is short on everything from medical supplies, oxygen, to generating employment. Thus, Further Crash in Retail sector is eminent. However, India had, has and always will have very strong domestic demand to support its bounce back. India's population is 1.30 Billion V/s 0.745 Billion in Entire Europe (almost double than EU).
- Post Covid, when market will start to stablise and people will start getting back to their previous buying behaviour.
Retail sector will be the first sector to show robust growth. Imagine what will happen to Retails stores once covid is over, they will be overwhelmed and stocks will soar - BOOM.
- It (FEL) is a very very long term chart, so consider this investment as your "Retirement Plan Fund/investment". You can think of Investing a very small amount, but it needs to be with very long time holding view like min 8-10 yrs.
Research yourself,
- About BIGBAZAAR
- Future Retail + Reliance group i.e. Mukesh Ambani) V/s Amazon (Jeff Bezos)
- It is an exciting fight to watch, and is about to culminate.
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Macy's Dim FutureBrick and mortar retail has been punished by online shopping advances.
$M has seen significant erosion since 2015 ATH.
Now seeing rejection on monthly chart by the 100 & 200 EMA, testing 50 EMA in coming months.
Now, in the face of economic slowdown it's increasingly likely that the retail giant will realize further losses given declining consumer sentiment and rapidly increasing prices.
Contracting labor, continued retail shift, inflation... $M will likely revisit $5 price level this year.
HOOD most possible scenariomost probable scenario for $HOOD. will keep making new lows for Q1 2022. ipo retail buyers way under water with a 38 dollar cost basis ( -42% return). then an accumulation period lasting 2-3 months. this accumulation period should shake out the ipo buyers and any recent dip buyers. lastly is a scam pump that should top out around previous ATH +/- 15 dollar. during the scam pump is when the accumulators dump on late buyers at huge mark up leaving them to hold the bag. stock could trade as low as 12 dollar during accumulation period. my plan is to have a cost basis of around 15-18 dollar.
Long The High Risk Psilocybin Mushroom Therapy Secular Bull RunNot looking for an immediate turn around because Macro-Market conditions and retail risk tolerance is severely negative right now. However, this sector has huge potential to be a bullish meme in years ahead. Think of getting into Pot Stocks 2.0 before the moon pumps
In 2018–19, the United States Food and Drug Administration (FDA) granted breakthrough therapy designation to facilitate further research for psilocybin in the possible treatment of depressive disorders. As of 2020, research on the use of psilocybin indicated it caused hallucinations with inability to establish reality from fantasy, panic reactions, and possible psychoses at high doses.
In November 2020, the U.S. state of Oregon legalized psilocybin for people age 21 and older, and decriminalized possession or use of psilocybin mushrooms for medical conditions, such as depression, anxiety, or PTSD.
US30 SHORT AND LONG FROM POINT OF INTERESTAs seen from the chart, the market showed a very impulsive move in the last week and it can be anticipated for it to move a bit more and break more structures and convert into short term sell bias, with this impulsive move there are many retail buyers who are willing to go with the momentum but that does not happen all the time, these moves are planned to catch smaller fish i.e. retail traders.
So, with the help of SMC, i can anticipate the market to go a bit more higher and then fall to the lower levels where more buy order can be placed.
comparison of ASX clothing/fashion retail stocks.BST BEST & LESS GROUP
Market Cap $378.6M
PE 9.65
AX1 ACCENT GROUP ( Dr. Martens, Skechers, and Timberland.)
Market Cap $888.7M
PE 18.37
CCX CITY CHIC COLLECTIVE (plus sized women’s clothing, 'the Avenue' + 'Evans')
Market Cap $735.2M
PE 24.2
GLB GLOBE INTERNATIONAL
(street fashion, skating equipment, outdoor clothing, and workwear, brands = 'Globe', 'Salty Crew', 'Stüssy)
Market Cap $205.7M
PE 6.18
PMV Premier Investments
(owns the Just Group, which includes the Just Jeans, Peter Alexander, and Jay Jays brands)
28% stake in Breville Group
Market Cap $4.396B
PE 17.9
XJO = ASX 200.
GN UPWARD MOVEMENT FIB38 POSSIBLEFIB38 reversal is looking like a very big possibility after bouncing off my zone a few times, 2 things may happen due to the uncertainty of the war...1 - GN falls further to its long not seen low or it bounces back to the FIB38, whihc is 500 pips away...very slowly but possible.