Can Big Tech continue to push higher? Does the Fed funds rate matter?
This shows assets moving in and out of money markets priced versus the money supply. Spikes show a flight to safety whilst the money supply is shrinking. US recessions included for easy visualisation.
EVGO is looking attractive here. In the ratio (EVGO/TSLA) chart I have comparing it to TSLA’s price, it has hit this RSI level 3 times before and seen excellent gains afterwards. The EVGO chart alone shows a potential double bottom if it bounces here. The EVGO/(CHPT*BLNK) compares it to it’s main competitors outside of TSLA and you can see that the market favors...
Very simple strategy that shows buy and sell zones for TNA based on 1W RSI values.
This chart presents central bank liquidity (credit: @DylanLeClair_ on Twitter for the calculation). It demonstrates a consistent pattern: when global liquidity decreases, the US markets also decline. The chart highlights the notable trend of the Relative Strength Index (RSI), particularly as the US markets attempt to push higher. This information provides...
...Fed rate cuts should be dead ahead. This shows how the US02Y leads the Fed Funds Rate. Based upon this, should the Fed hike 25BPS this week - as it is (currently) expected to do - that hike should be the last unless the US02Y rises again.
This chart shows the number of weeks between a low on the RSI for #natgas and the low in price. 2019/2020 period is omitted due to the unusual effects of pandemic and lockdowns on markets. RSI Bottom to Price Bottom 2001 - 13 weeks 2009 - 26 weeks 2012 - 12 weeks 2016 - 13 weeks Average = 16 weeks Bottomed In Month 2001 - September 2009 - September 2012 -...
SFIX stock performance in comparison to: 1. Consumer Discretionary Index (XLY) 2. Gap + Nordstrom (general - clothing retailers) 3. Rent The Runway (key competitor) Indicators to describe current overbought vs oversold conditions: 1. RSI = Relative Strength Index 2. MACD = Moving Average Convergence Divergence (direction change based on moving averages) 3. ...
Volatility cycles analysis after reading substack posts by @TheLastBearSta1.