Stockmarketanalysis
NVIDIA WAVE AND PATTERN ANALYSIS The correctional structure, especially the three waves, whether in descending or ascending and pulse correction, indicates the formation of a diametric pattern. For the formation of wave b, which is another sign of diametric wave formation in wave a and g, in 1999 and 2019, respectively, we see diametric waves in their microwaves.
In the case of the formation of this structure, we will see a deep decline in many companies listed on the US stock exchange, which will last for several years and we are at the beginning of a possible major recession.
This post is just a personal idea and analysis should not be the criterion for buying or selling
US30 trendline breakout retest | 8th April 2022Prices have broken out of the descending trendline resistance. We see the potential for further bullish continuation from our buy entry at 34015.8 in line with 38.2% Fibonacci retracement towards our Take Profit at 35865.9. MacD is on bullish momentum.
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ACB ideaIts been a long time since I traded this stock .
I remember trading it back in 2018 - 2019 at its ATH on eToro .
On the weekly time frame it had a nice bounce around the $2.85 area . I would like to see the price passing through the $5 resistance area and turning into a support zone .
From the 4th quarter of 2019 the stock is in a downtrend , I remember back in the day they started reducing the number of employees and the number of warehouses , which was also a negative impact for the stock , but also the competition was growing strong and gaining market share . Some bad quarter results had for sure one of the greater impacts on the stock .
From price action perspective I believe the strongest resistance is around $10 and $25 .
I am sure someone could argue in that there are better stocks out there at the moment , but I still believe they can grown in the future .
Saying that I am keeping a neutral position for the time , I just wanted to share my idea for this stock .
GSFC ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
GUJRAT STATE FERTILISER AND CHEMICAL LIMITED with target of RS 195 CMP IS RS 190.55
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 175
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Are investors bullish on Chinese stocks again?A raft of regulations targeting a number of sectors — from technology to real estate and education — have hammered Chinese stocks late last year and into 2022, and although many economists remain bullish on Chinese stocks’ potential, Beijing’s relationship with the Kremlin is now weighing on investor appetite for Chinese shares.
On Friday, April 1, Shanghai’s SSE Composite Index tumbled 5.8% year on year, and is down 9.6% from the start of the year. The SZSE Component Index, the benchmark index of the tech-heavy Shenzhen Stock Exchange, is also down 13.2% year over year on Friday, and 17.3% lower year-to-date.
The Hang Seng China Enterprises Index, which tracks Chinese companies listed in Hong Kong, likewise tanked 31.9% from last year as of Friday, and down 8% year-to-date.
2021 in retrospect
In 2021, Chinese companies were hit with regulatory changes as Beijing sought to weed out anti-competitive behavior, online gaming addiction, excessive childcare and education costs, and eliminate other risks in the private sector.
Beijing’s crackdown on the tech and financial technology sector led to the record fine of over 18 billion yuan (around $3 billion) on Alibaba (NYSE:BABA), the transition of Alibaba’s mobile payments arm Ant Group into a financial holding company and a raft of rules aimed at data security and anti-monopoly, among others.
The government also targeted the education sector last year, launching sweeping rules that upended for-profit tutoring companies. New rules aimed at protecting minors also took a toll on the operations and revenue of big gaming companies like Tencent Holdings (HKG:0700) and NetEase (NASDAQ:NTES).
Towards the end of last year, the vulnerability of China’s property sector came to light as China Evergrande's (HKG:3333) massive debt pileup of more than $300 billion highlighted the risks of the country’s highly-leveraged real estate sector that many fear would lead to a wider contagion affecting the country's financial industry and the global markets.
These factors led to a sell-off of Chinese stocks at home and in the US, with the Nasdaq Golden Dragon China Index (INDEXNASDAQ: HXC), which tracks 98 of China's biggest US-listed firms, posting its sharpest drop since the financial crisis of 2008 in March after reaching an all-time high in February 2021. As of writing, the HXC is trading lower than its 2008 peak after retracing approximately 70% of the gains it made since its 2008 bottom.
Booting Chinese stocks from US exchanges
Geopolitical tensions and data security concerns prompted the US Securities and Exchange Commission to tighten its auditing rules on Chinese companies listed on US bourses. This threatens the US listing status of companies like KFC operator Yum China Holdings (NYSE:YUMC), Twitter-like Weibo (NASDAQ:WB), Baidu (NASDAQ:BIDU), and iQIYI (NASDAQ:IQ).
Even before these firms were added to the SEC’s “provisional list” of companies that are found to be violating the US Holding Foreign Companies Accountable Act, the US has already booted several Chinese companies — including China’s big three telecommunications companies — over the past year, citing data security concerns and other alleged violations.
Bullish on Chinese stocks
Despite uncertainties over the outlook for China’s regulatory environment in the coming years, some global banks and economists including Bernstein, Credit Suisse and Goldman Sachs remain bullish on Chinese stocks.
Credit Suisse upgraded its outlook on China, noting that values may be depressed, while Goldman Sachs underscored the investability of Chinese assets due to the liberalization and reform measures in the Chinese capital markets, which according to the bank backs its view that China equity is an asset class “that is too big, too growthy, and too vibrant to ignore.”
Geopolitical woes, COVID-19 risks remain
However, some economists are polarized on their outlook on Chinese stocks due to lingering geopolitical tensions and the resurgence of COVID-19 cases that recently prompted lockdowns in two of the country's most populous cities.
Reports highlighting Beijing’s relationship with Russia might be reducing investor appetite for Chinese stocks. Beijing has refused to back a global condemnation of the Kremlin’s military actions against Ukraine, refusing to describe the attacks as an invasion.
US-listed Chinese companies have lost over $1.1 trillion in market value in recent weeks due to these concerns and Asian Corporate Governance Association’s Jamie Allen told CNBC over a week ago that the delisting of US-listed Chinese firms could come in the next two to three years.
It's Time To Pay Attention - Crude Oil + SPXThe last time stocks and oil prices started performing like this for months on end was prior to the 2008 financial crisis. If Oil prices have already topped, does this mean a precipitous decline is soon to come? Or, will markets simply shake this off? Not so sure. Inflation encourages people to return to the workforce, and even work multiple jobs to stay afloat. Will this be enough, and will things just sort themselves out? The yield curve just inverted, yet many investors are still assuming there's more upside to be hard, even if a recession is on the horizon. Just as I'm not so sure, the market doesn't appear to be so sure either. This is a uniquely confusing environment. So, what do??
Zoomed in, you can see that as Oil rose in 2008, markets had already topped out. The stock market decline only accelerated once Oil itself topped out. Once oil bottomed, that was when stocks finally reversed back to the upside:
Zoomed in during the present, this is what could happen if history repeated almost exactly. Things are unlikely to play out this way, but this is all speculative anyway. I find this pretty interesting:
Another question - will Gold continue to hold as a market hedge in this environment. Looking back to 2008, Gold performed against the market as it declined. Once Oil topped, Gold declined initially with stocks but then recovered and broke out much faster:
Present day with speculative trajectory:
What's also relevant to note is that cryptocurrencies have NOT been correlated with Gold, but with traditional markets. This presents evidence to show that Bitcoin is not operating as a safe haven asset, while Gold is performing how it has in the past.
We could be catching the market at a moment of complacency. Things seem to be shifting in a positive direction in Ukraine. Biden has unlocked oil supply reserves to keep prices low in the US. COVID seems to be having less of an emotional grip on certain populations. Stocks have roared back, memes are printing, Ethereum is gonna hit $10k; markets are invincible. Not even nuclear war could send them spiraling, right? Well....history tells us that things can turn at any moment, and it doesn't have to be the result of a particular event. Eventually, put society through enough stress and something has to give.
A volatile, uncertain market increases the probability of rash, irrational decision-making.
Linked below are some of my previous posts that present some thoughtful, in-depth analysis on the potential asset/debt bubble.
Call me a permabear, but I'm really not anti-growth. I'm also not completely anti-capitalist, as I think people need to be able to exchange goods and services in order for society to sustain. But I AM anti-neoliberalism, which is a certain KIND of capitalism that encourages exploitation, and it does not make the assumption that all participants are useful.
Not gonna lie, things have gotten better over the 20th century in terms of our average quality of life. But since things have changed so quickly, and out biology/emotions have yet to adapt....I think we're headed to a pretty dark place if we cannot take a pause and slow down. If anything, I don't think we can see healthy growth for humanity into the remainder of the 21st century without a re-evaluation of our priorities. And I do not think this is possible without a major market shift. If markets really take a turn for the worse - meaning a multi-year bear market - what does the government do? Many people's retirement accounts will be wiped out, so who do they turn to? They must inevitably tax the wealthy and corporations quite heavily, if they want the society to begin a new broader economic cycle and start over again. We've seen these before. The wealthy are the ones who need to invest in the future, rather than hoarding.
This is just my opinion, and should not be taken as financial advice.
-Victor Cobra
Bitcoin - No Surprises Thus Far. Here's the Range I ExpectLet's recap this week's crypto (specifically Bitcoin) price action and discuss where I think we are headed into next week. Will Bitcoin take a bit of a rest and give our altcoins even more of a chance to catch up? I think so.
⛓️ 🔗 Useful Links 🔗 ⛓️
See "Link to related Ideas" and my signature.
SELL APPLE TODAYGOOD EVENING,
1)we are above the VWAP .👌
2)the right order and strong condensation of the 4EMA.👇
3)bull divergence confirmed by STOCHASTIC .💪
4)protected by the last resistance. 💪
all these indicators say buy in a loud voice.
+ if it breaks the resistance buy at 182
+ if it bounced sell at 174
so BUY and open your wallets.🤑
GOOD LUCK.❤️
Whales In The Market, Could Break 50K ?Weekly Time-frame
We confirmed breakout candle in weekly time-frame for double bottom and downward slope resistance. We can expect more to the upside for this week. Awesome Oscillator is bullish also. Ichimoku cloud Senkou span a is about to be broken as resistance. If We break it we can expect more to the upside. If we get rejected in the supply area we can start having a correction.
1D Time-frame
We are currently in the High Volume Node in VPVR which is a strong trading area. We might go sideways in this area or if we break it then we can have a rocket pump to the upside. We need to turn this supply area into a base and continue pump to the upside. Awesome Oscillator is also bullish. RSI is not overbought yet in 1D TF. If we don't hold this as a base then it will end up as flip zone. Where you can expect a drop from this area.
4H Time-frame
4H time-frame Bullish Saucer. We can expect more to the upside. Greed and Fear index for crypto is now #60 which is greed. We might stay here for a long time now or this might be a good time to short.
We have strong volume to the upside so we can expect institutional money entered the. market. we can enter in the retest of the zone.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
TSLA overbought and bullishTesla is a rocket! I opened the position some time ago and still consider it bullish according to other indicators it's bullish on fundamentals as well, I still think pullback for correction would be logical but it may continue climbing up.
P.S.
If you're holding it just keep holding if you're not scared of correction or wait for the next move to BUY more either open a position, in general it's bullish.
Mortgage Rates Explode Higher at Second Fastest Rate in HistoryThe monthly chart for US 30-year mortgage rates is exploding higher at a rate not seen since the 1970s. This chart shows that monthly rates are following the 3rd standard deviation higher, which is an extremely rare rate of increase.
The Commodity Channel Index (CCI) is shown at the bottom of this chart. The CCI is a momentum oscillator used in technical analysis primarily to identify overbought and oversold levels by measuring an instrument's variations away from its statistical mean. It is currently at the second highest level ever (on the monthly chart), second only to the 1973 Oil Crisis. That crisis caused a bear market between January 1973 and December 1974 that affected all the major stock markets in the world. It was one of the worst stock market downturns since the Great Depression. The stock market lost 45% of its value during this time.
How confident are you that the Federal Reserve will be successful at engineering a soft landing? How do you define a 'soft landing'?