Peoples are already tired of news about the debt default of country, whose currency has a reserve status in the world. We are tired too. The circus of raising imaginary debt ceiling was completed on Saturday. Biden and Republicans agreed to raise the national debt ceiling. US default averted 🤡🧯 The House of Representatives will vote on the document on...
European indices have been reddening for several days in a row. European Euro Stoxx 50 fell only -3% from the high, but this is just the beginning of a big drop and I will tell you why. Since the beginning of year, European indices have shown very good growth, which is not entirely supported by fundamental factors. Yesterday, on the channel, I already drew...
Ripple is a private company that made its native CRYPTOCAP:XRP token. According to company, BINANCE:XRPUSDT should become a bridge in international transfers and replace SWIFT. After all, transactions in XRP are much faster and cheaper than transfers to Visa, Mastercard, UnionPay - this is true. At the moment, Ripple is owned by dozens of banks around...
In 2022, Facebook NASDAQ:META performed fantastically and fell -76% from its peak! On the channel, we warned that this was a gift of fate and shares should be bought, because the company still has a huge audience, revenue and profit. Yes, revenue is no longer growing at a rapid pace, but rather falling from quarter to quarter. But the company boldly declared...
In period 2021-2022, the entire Sp500 index was pulled by FAAMG (Facebook, Amazon, Apple, Microsoft, Google). Of all these five, Amazon looks weakest. Let's see why? Amazon is engaged in Internet commerce 🌐 During the pandemic, the company felt great, as many people were forced to stay at home and order goods online. However, covid ended and benefits...
Only some 5% remained before the historical maximum. If stock can do this, then Apple will become the world's first $3 trillion company! The NASDAQ:AAPL weight in the SP500 also rose to 7.4% - the highest for any single company in the index since data collection began in 1980! When you watch the Sp500 index go up, it doesn't mean that all stocks go up. ...
In last post, I drew your attention to the problem of the UK public debt. The situation there is critical... It is logical to expect that the problem with public debt will lead to a weakening of the pound. High inflation, high key rate, high budget deficit relative to GDP are fundamental factors that will put pressure on the GBP. According to technical...
As you can see, our forecast of April 10 was only partly realized. We have not yet seen the final chord and the removal of shorts on the index. Therefore, we expect the final momentum to 4300p., at which point many investors will believe that the worst is over. And only after the majority jump into the market - then we will see the beginning of a new bear...
Something bad is happening in the state market. bonds of England - these papers have been actively sold over the past month. During this period, the yield on them increased by as much as 1%. Because of this, we see how the market is already beginning to arrive in some kind of stress: the dollar index is growing, other bonds of developed countries are also...
See for yourself, bitcoin is already down -15% from its high in April and there is no bad news yet, while: Nasdaq is at a 1-year high, Sp500 is holding at the upper border of the side channel, Euro Stocks is at a 1-year high. Bitcoin dominance is still the highest since July 2021! I have repeatedly written why I am waiting for the last correction in BTC in...
If you look globally, then Bitcoin has hit a downward trend line that started back in November 2021! Over the past 3 weeks, we have seen several failed attempts to break this trendline. Locally, if we do not see a breakdown of this line in the coming weeks, then Bitcoin will inevitably go to correction. 🛡️ First Support Zone: $24530 🛡️ Second support zone:...
Last year, 2022 was a record year in terms of gold purchases by global central banks. Of course, the largest whales in the world are buying gold for a reason, but because they understand that in the near future the yellow metal will grow strongly. 📊 From a fundamental point, gold is also ready for a new growth cycle. As we wrote earlier, gold has almost 100%...
In the crypto world, the dominance of Bitcoin is of high importance. It shows the weight of BTC to other altcoins. It is this indicator that is now the main one for determining the vector of market movement or the potential start of the alt season. 💰 Bitcoin dominance has been jumping in the range of 40-49% for the past 2 years. That is, we have a certain flat...
Dash is an open source peer-to-peer payment system with the unit of account of the same name. The coin was launched in 2014 and is a fork of Bitcoin. Dash emphasizes user privacy and faster transaction speeds than Bitcoin. The algorithm for mining the coin occurs due to mining, like in Bitcoin, but with support for staking. In past bullish cycles, the coin...
The main US index has a significant impact on the dynamics of markets around the world, so its very important to keep an eye on it 👀 The forecast for Sp500 that we gave a month ago is partially being implemented. We still dont rule out a final upward momentum of index to collect stops of shorts-guys. But in the short term, all the factors for the fall of the...
The Fed's balance has decreased, the crypto market, Sp500 went into a correction, and bitcoin is falling faster than Sp500. BTC is the most risky asset, because it shows weaker than the US index, BUT Now in the US, many Sp500 companies report quarterly. The global economy is in recession, which means that you should not expect any impressive results from...
Bitcoin closed last week at lows. The weekly candlestick closed negatively for Bitcoin, forming a bearish engulfing candlestick pattern. We have repeatedly said that we are unlikely to break through the 30 000$ mark the first time. As a result, as you can see on the chart, the price bounces down from this level. 🔎 On the weekly timeframe, indicators have left...
In a sense, Peloton stock is a record holder. Its stock is down 95% from its historic high. In such companies, as a rule, a huge amount of short is collected. With a small positive, the price begins to grow and shortists are forced to buy back securities at high prices, which accelerates the asset even more. In NASDAQ:PTON shares, you can try the...