Do not forget we are talking about the most traded stock in the market in the past 30 months..! A- Today's volume is 35% more than yesterday's, B- Today's volume is 20% more than the last 2 weeks' average! C- Today's volume is bigger than all trading days post FOMC except one! D- Today's candle is bigger than all the candles after July's FOMC! Now, you tell me...
I remember last month's forecasts of Goldman Sacks for a lower expectations Inflation rate, but the actual number was hotter than expected and also 1.5x of the average of the past 24 months..! In 2 days, CPI data will be out (August 10), and with the current momentum, we should not expect a much lower number for July. The consensus for the July Inflation rate is...
The S&P sectors, or Global Industry Classification Standard (GICS), organize companies based on their primary business activities. Investors can use the sectors to isolate stocks of specific interest or to build a diversified portfolio. The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary,...
In the second half of July, DXY mean reversion lead to higher prices across the board, Stock market, crypto, and gold experienced a sharp move! But it looks like DXY responded to EMA 50 and made a Bullish engulfing pattern, and other markets are pivoting. In the coming days, higher DXY could drag down everything once again! Best,
It was March 7th when I published my first VLO analysis: I revised my target price to 140 on April 26: then VLO went up to 148 +84% in less than 100 days..! Now you see the highest ever revenue and learning per share, but the price is 25% below its All time high??? Why? Maybe the best answer is provided by George Soros: The reality is that...
Stagflation, or recession-inflation, is an economic phenomenon marked by persistent high inflation, high unemployment, and stagnant demand in a country's economy. During a particularly severe period of economic conditions in the 1970s, rising inflation and slumping employment put a damper on economic growth in the United Kingdom and seven other major market...
In the next 3 days, we are going to experience a frenzy..!(for ESLs like me: a state or period of uncontrolled excitement or wild behavior.) What are the drivers for that? Tomorrow: 1- FOMC: Interest rate decision and Jerome Powell conference. The day after tomorrow: 2- GDP (Q2) & Job Data www.atlantafed.org Friday: 3- Michigan Consumer Sentiment...
These days everyone talks about Tesla closing 75% of its bitcoin position. Let's evaluate it and see if there is anything that we can learn from it: 1- A Perfect Entry: according to Tesla's earnings call average entry price was $31,620..! Considering 27829 was the lowest price of 2021 and bitcoin traded only 22 days below Tesla's average. 2- Missing...
July 21: #SOXS: +11% profit #SARK:+11% profit July 25th: +7% profit Best,
I think looking at the following trade setups needs no explanation: July 2nd: July 14th: July 21: Are pinned to the chart BTC: first 2 trades closed with 12.34% and 6% profit and the last trade is in 9% profit so far..! Stop loss updated to entry for risk-free trade! #ETH: first 2 trades closed with 17% and 9.5% profit and the last trade is in 9%...
This rally was pretty much similar to the previous one and could be followed by a similar pattern..! I expect a 17-27% decline in the coming weeks..! This means Apple will break below the previous low..! Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an...
Today we see a Bearish engulfing and a true high pivot in the chart! And Wyckoff's analysis suggests lower prices in the next few days! Best,
Tesla reported revenue of 16.93 Billion USD which is 10% lower than the previous quarter with 18.75 Billion USD. Let's Review my post published 3 days ago: "* Everyone knows I prefer not to participate in earnings ..! because I couldn't develop a good system to predict the outcomes! My best guess: Moving toward 790-800 and then drop to 700!" What is going to...
In the analysis I published 2 days ago I mentioned that a weaker US Dollar will lead to higher prices across the board in other classes: "Generally speaking, a weaker dollar means higher prices in the Stock market, commodities, and stronger currencies against the USD in the Forex market!" However, we should not mistake this for a bullish market, this could be...
Using Wyckoff analysis helped me to outperform the market and 99.99% of others in the past 2 weeks, and I believe my followers are the happiest crypto traders on earth in July 2022: You may have been shocked, But after looking at the following trade setups you will be convinced..! July 2nd: 1-BTC: Long at 19285 targets 21700, +12.34% in 5 days 2-ETH: Long...
The pattern clearly shows bounces are getting smaller which means bulls are bleeding to death! The biggest problem in the crypto world is money flows out of it and with the current momentum lower prices are inevitable and they will go lower and lower..! Warning: Check your crypto trading platform and try to make withdrawals, if you are unable to do that, you are...
I think anyone can understand this analysis and it is clear what is about to happen..! there is only one question: Is this an accumulation phase or it is a redistribution? What helps you to distinguish the two is "Context"..! What do you think about context??? How much has it changed in the past few months? Best,
I published this trade 2 days ago when Ethereum was above 1216 (not a public post) the trade stop loss is updated to entry for a risk-free trade! Best,