JesseMorgans

JesseMorgans

The European equity index is a tough one to analyses. The index has had a strong recovery, however, there are still structural headwinds that the EU faces. Interest rates in the EU zone are unlikely to rise anytime soon whilst the Euro is likely to be deflationary going forward. The trading signals suggest that the index has reached a high point and needs a...

JesseMorgans

The Dollar index is very complicated to understand and predict when you analyses the individual factors that play into the various parts and therefore the index as a whole. The consensus if for the Dollar to weaken and there's great arguments to support this widely held theory. 58% of the Dollar index consists of the Euro. It's therefore important to try to...

JesseMorgans

Woolworths is a South African retailer that has struggled over the last few years starting with a purchase of the Australian retailer David Jones which took place in 2014 at a large premium to its intrinsic value. Woolies has since had to write down the value of its David Jones holding by around 60%. Ouch! The company's current CEO appears to have a viable turn...

JesseMorgans

I've been holding XRP since November 2017 whilst continuing to buy more along the way. Its been extremely hard to keep the faith during its very long period of capitulation. It currently forms 2/3rd of my speculative portfolio which shows my high conviction but also the fact that i am overly exposed to this crypto asset. I've always been focused on the utility...

JesseMorgans

The chart suggests that link may need to undergo a minor correction towards the $25 - $26 mark within the pennant. Thereafter the coin may look to $40 - $41 or possibly much higher if altcoin season starts to cause large inflows into the lower market cap coins. The problem with coins like Link is that they can bounce really high very unexpectedly due to the fact...

JesseMorgans

Anyone who hasn't see Pantera Capital's stock to flow chart for bitcoin, i would really encourage you to have a look at it. They suggest a bitcoin price of around $115 000 in early August. That's their view or idea based on a stock to flow metric. So lets consider that in a graph. First off i wouldn't be surprised if Bitcoin were to go slightly lower in the very...

JesseMorgans

The JSE ALSI looks like it has completed its retracement and is now ready for the leg upwards. The three signals below are showing the the index is oversold. The next move should break the 70 000 -71 000 mark. That's an upside of 7.3% - 8.6% if everything goes according to the chart and trading signals. Lets wait and see :) Please like and follow for daily...

JesseMorgans

Texas Instruments is a semi conductor manufacturer that appears to have attractive growth prospects within the forecasted high growth semi conductor sector or investment theme. Stats The average free cash flow over the last 10 years is 29.9% with an annual dividend yield of 2.27%. Growth in annual revenue over the last 10 years has been modest. On average total...

JesseMorgans

This is just a fun chart for sh#ts and giggles. What if you wake up in 14 months time and XRP has hit $100? What if you wake up in 2030 and XRP hits $300 000? I check XRP 4-5 times a day every day but i should be thinking of XRP in 2025, 2030 and 2035. Crypto isn't a 3 - 5 year story its a 10 - 15 year story. Please like and follow for daily posts on...

JesseMorgans

Compound looks really attractive based on the trading signals. It has also formed a bullish pennant. The problem with these trading signals is that they aren't always that accurate with assets that have such a small market cap. Nevertheless, its looking interesting. Please like and follow for daily posts on various asset classes. Please also share your views...

JesseMorgans

The signals on the 4 hr chart suggest that volatility on the S&P 500 should spike within the next day or so. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader. Please note, this idea is shared for educational and discussion...

JesseMorgans

I love this chart from an educational perspective. Markets move in cycles. Some sectors tend to be more cyclical than others and the resource sector definitely fits into that categorization and we can see that in the chart. So from a fundamental perspective, can one assume that Glencore has started a new cyclical trend? A great South African manager that i highly...

JesseMorgans

Facebook appears to be in a consolidation phase. It looks like a bullish pennant is forming and may continue to play out for the next few months. The signals are suggesting that the price is likely to fall somewhat. Lets see if it holds at the support line at around $244. The question is, should one wait before getting into the stock or be of the opinion that...

JesseMorgans

On the weekly chart it looks like a typical cup and handle pattern forming. Inflation is coming, there's little doubt about that. Both inflation linked and nominal bond yields are unattractive. Bitcoin is being used as an inflation hedge for those who venture into that world but many institutional investors, governments and even traditional retail investors are...

JesseMorgans

The signals are flagging bitcoin as being a bit frothy and in need of a healthy retracement. Bitcoin could retest around $50 000 within the next the next 2 weeks. Hopefully it continues to spike thereafter. This is a short term view... Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such...

JesseMorgans

Brent Crude looks like it needs a retracement after its stellar recovery. On the weekly chart we can see that its overbought on all three signals. Oil producers need the price to stay above roughly $40 a barrel. In a controlled environment with limited exogenous impacts the price of oil should stay above $40 a barrel. That being said, $70 a barrel isn't going to...

JesseMorgans

Brookfield Renewable Partners looks like it may have found a bottom from its roughly 20% decline from it ATH. The renewable energy sector could be a growth fad to some extent, however, my feeling is that if the renewable energy sector can scale and reduce the cost related to renewable energy technology, then why wouldn't it gain in market share particularly in...

JesseMorgans

This is just a fun look at the chart on a monthly time frame. I would imagine that this chart could be quite inaccurate based on the time frame and the volatility of the asset, however, its just interesting to see that activity started to ramp up 8 months before XRP really took off. At the moment we are around 4.5 months in. Please note that cryptocurrencies...