TradingView Weekly: Ferrari barometer, earnings, and big techGet ready for the week ahead! Below, we've compiled several interesting ideas recently published by investors and traders on TradingView. This week, earnings season begins with Tesla, Netflix, Intel, and more all reporting. The election is still underway and the technology sector has seen an immediate boost from global lockdowns as more people switch to new technologies. Remember: you can like, share or comment on the charts that grab your attention. You can also follow the authors who are featured below:
Explaining the tech boom
“Despite what seems to be a bubble, tech stocks are actually reporting solid earnings every quarter. This is especially true because most of the major tech stocks were barely hit by the viral outbreak, if not benefiting from it.” - @Michael_Wang_Official
The Ferrari barometer
“Ferrari’s chart has all kinds of interesting things happening. The narrative is similar to housing: Existing vehicles are old and prices are rising. Covid or not, there’s a widening sense the industry is recovering – especially with help from China.” - @TradeStation
Investing through elections
“Just a disclaimer, this is not a political post, so please keep the comments mature! This is a mere observation. We can see that if we bought the dip during any time of these presidencies, we would have profited by holding!” - @XForceGlobal
How crypto can rally with stocks
“In this study I examine the correlation of Bitcoin and stocks to the US Dollar Index. Stocks do rally when cash is cheap (as seen recently with the massive stimulus), but also when economic growth is healthy.” - Trading-Shot
Turkish Lira gets even weaker
“The Turkish Lira continues to weaken which we can see in this chart where the US Dollar is displaying dominance over the Lira.” - @Sublime_Trading
Patiently watching EURUSD
“Every major shift in price trend has start exactly coming out after the weekend. We don't just observe a sudden spike on the first hours after the weekend, which would make it very difficult to monetize this behavior. No, we see a constant and slow price reversal.” - @Trading-Guru :
Visualizing economic recoveries
“Here are the most common economic recovery shapes and what they mean. A V-shaped recovery means that the economy bounces back quickly to its baseline before the crisis strated, with no hiccups along the way.” - @ridethemacro
Script
Voss Predicter
“I have been sitting on this for over a year, but I now present this Voss Predictive Filter, originally formulated by the great and empowering Dr. John Ehlers” - @midtownsk8rguy
Education
Keyboard shortcuts
“Keyboard shortcuts can save you time and make your charting faster, easier, and more dynamic. Rather than clicking each tool separately, you can use shortcuts to speed up the process.” - @TradingView
Thanks for reading and we look forward to hearing your thoughts, comments or feedback. Feel free to share your own charts and ideas in the comments below so we can see what you're watching or trading. Let's have a great week!
