DefyingFinance

08:42

DefyingFinance

This market will mess with everyone's psychology. What an incredible time to buy! This is the time when you start to DCA into some major, well know crypto businesses and networks. I would be very careful who I own as regulation comes steamrolling in. I don't think this holds and I would be curious to see what happens in the stock market Monday morning. If it's a...

11:37

DefyingFinance

back on TradingView for a quick update on the S&P 500. This thing is not looking good. We have one awkward-looking, nuclear power plant style, head and shoulders here. The 100day MA is about to cross the 200day MA and also both are becoming resistance. From a technical perspective, this thing has COV_ID. From a fundamental standpoint in this economy, this thing...

07:24

DefyingFinance

How is that for a title? Traders are going to win this play and all the people who are going to hold for the long term are going to get slapped worse than a host at the golden globes. What an opportunity to get out! If I was in GME around this range, I would be selling to recover whatever I could and move on to something else. This is basically a miracle on low...

15:01

DefyingFinance Updated 

Just a very quick TradingView exclusive update on the PSX. Today we are at a critical point and i believe it is more likely this creates selling pressure to at least visit the 100-day MA before continuing a decline. this could be a slow decline or very fast if we head into a crash. We need to be watchin if the FED reverses policy which they may not considering...

10:51

DefyingFinance

Famine and Food Shortages are the talk over the last month as Russia invades Ukraine. How are we playing this? Where can people look to hedge inflation and war? Here are two simple methods we take a look at to play commodities and agricultural commodities. RJA and RJI by Jim Rogers we believe will continue to rise due to inflation and war. A little fast recently...

06:52

DefyingFinance

Don't be a fool. I would be running for cover if I haven't already ( I shorted this thing). Their earnings just got spanked and the stock is going to open way lower tomorrow morning. Don't listen to people telling you to buy as they are likely unloading on you and you will be the one holding the bag. This thing is going back to the $10-$20 range before possibly...

14:56

DefyingFinance

Don't listen to all the pundits when they tell you the market is strong. If you had to borrow money every year to keep up your lifestyle and pay off those debts with larger debts, would you say your personal economy is strong? No. That's exactly what the government has done for decades and the chickens are coming home to roost. The SPX (S&P 500) has been phantom...

15:00

DefyingFinance

Gold is exploding higher on fears in the market. When the "you know what" hits the fan, real stuff matters. Countries and hedge funds are piling into gold and treasuries as a safety net as the market continues to implode. In this video, I talk about physically-backed trusts that allow a paper-type holding via stocks but real gold, silver, palladium, and platinum...

14:10

DefyingFinance

Oil exploding higher again making a 7 day run of 38% and XLE running up 14%. Long-term XLE is my play, raking in the dividends but taking profits relatively soon might be wise. We are right at the resistance level for XLE that looks to be pretty heavy but that resistance isn't like the Ukrainian military so I think it's more likely we blow through that level if...

14:54

DefyingFinance

In this video, I do a quick breakdown of a few major automotive stocks. I wanted to mention their Earnings per share (eps), P/E Ratio, and dividend percentage. Ford is at a longer-term PE ratio low right now. Watch the video for more details. I get into Toyota, Ford, Honda, Tesla, BMW, and VW (Volkswagen).

10:39

DefyingFinance

As war drums are beating and WW3 may be on the verge of becoming a new reality, oil is ripping the faces off of people shorting it. It's also ripping your wallet apart. I expect a sell-off at some point if it continues at this rate but probably not before making new all-time highs above $150/ barrel. I expected XLE to get to $135 over the next 4-5 years but now it...

14:58

DefyingFinance

In this video, we take a look at the Dow Jones priced in Gold. This ratio can help break up the trends you see on a typical line graph for an individual stock or index. Sometimes you see that the nominal price of a stock is rising and you think the market is doing well. Then you compare it to something real and you realize it's actually crashing. A great...

14:58

DefyingFinance

When war drums are beating, markets take a beating. If WW3 begins, all bets are off in stocks so expect wild swings and crushing sell-offs. People don't want their stocks locked up where they can't sell and I don't blem them. It's effectively a bank telling you that you can't pull your money out. Another reason I use crypto for a large part of my investing....

05:02

DefyingFinance

Bitcoin broke the old support in the low $40k range and the new trend it had set creating a lower high which is highly likely to experience a new lower low in the short term. I expect to see BTC hit $30k in the next month or two. If we break $30k, see my note on that chart from a while back. We will likely head to the $20k support which is very thin. If all hell...

10:41

DefyingFinance

A head and shoulders is either built right now on the S&P 500 weekly chart, or it is going to begin building the other shoulder now. Be watching for this new level to be the neckline and then $4500 being the next shoulder. The S&P is held up by the larger weighted stocks and many have sold off for quite some time. Some are down 20-40% already.

19:57

DefyingFinance

Today we are taking a look at the Case Shiller Home Index on a year-over-year chart as well as a price chart and using basic, long-term technicals to identify issues and opportunities. I believe we are heading into a recession over the next few years but we will have to see what crazy government program is created to fight that recession that maybe boosts housing...

05:01

DefyingFinance

Yeah, you heard that right. The Bureau of Labor Statistics has an announcement on their site saying, " Starting in January 2022, weights for the Consumer Price Index will be calculated based on consumer expenditure data from 2019-2020. The BLS considered interventions, but decided to maintain normal procedures. " They are changing their weighting. Does this raise...

10:35

DefyingFinance

Bitcoin breaks above old support at $40,000 and is holding. This is showing that it may be ready to make another run for it. $53k is real resistance and we need to be watching that. If we break hard to the downside off $53k then we may have just triggered our next huge sell-off into that $30k range. The best thing would be $40k remains as support and I don't think...