I Heard about this on whalewisdom, and other media sources and decided to take a closer look. Geo is sittiing on a multi year low,Valued much lower if you consider inflation. It has met fierce pressure on the way down, so this is a very heavily traded instrument, so loving this and going long. GEO is a prison and intake facilities REIT, makes sense, if just a...
Speculation and fear have driven oil prices beyone the realistic value of a rapidly deteoriating market. Real demand is about to factor into the market and that will reflect a decline.
This post is not directed toward any particular trading strategy other than comparing charts to the highly charged news.
This is just a quick note regarding the treasury market, looks like the euphoria is ending, not that flight to quality couldnt take a front seat during a correction, but the chart looks bad. We are trading under the 200 and we just saw a failed rally.
I select beyond technical analysis because I am not speaking to the hairsplitters. A friend of mine once said, "Theres a chart in the floor of every sunken ship" So while technicals are to be respected, we have to keep in mind that all trailing indicators are just that. Having said that GEO This showed up on the whalewisdom radar 13F , Michael Burry all in...
Lowes had outrun HD, Nas100 was getting weak, Lowes got to the finish and turned south, quick short price target 171
HD is looking very strong against the NAS100 and confirms with LOW. Looking to go long on the open in the am.
Bot LTC/USD 153 , looking at the wide divergence currently in the LTC BTC pair,
The SQQQ offers a 3x move on the underlying SP, this will give a little more leverage as options are so unpredictable. My strategy as published on the E Mini trade is based upon investor sentiment being so high with the small investor and so low with the large institutional investor.
I am shorting the Minis here because the sentiment indicators are showing the small investors all in, and the big money is sitting it out at a multi year low. The little guys are usually wrong and the big money is usually right. We just saw the announcement of two vaccines for Covid 19 and so little action its pathetic. So here is where I short.