Price action at the lower border of an upward channel has a higher chance of moving upward than price action at the upper border of a downward channel. This is because an upward channel is formed by higher highs and higher lows, which indicates an uptrend. When the price reaches the lower border of the channel, it finds support at a previous level and is more...
The trading value of the 5078 stock tickers traded in the 6088 billion USD. Hence, the trading value of the top 10 tickers with the highest dollar value of trading was 1811 billion USD, almost 29.75% of all circulated dollars in the market. The fact that the top 10 tickers account for almost 29.75% of all trading value is a sign of market inefficiency. This...
In this article, you will see the comparison between the different stages of EV and AI bubbles! Post-Pandemic Bubble: TSLA, NIO, WKHS: Bubble Burst: TSLA experienced +50, while NIO went Down -30% and WKHS went down -80%: TSLA bubble burst: February 18, 2021: I published this article The market front-runner industry (EV makers)seems exhausted ..! ...
Daily: at the bottom of a bearish channel Weekly breaking below the support line strongly Monthly: lower highs and lower lows for 3 months in a row! this pattern was only seen during the 2022 bearish market in the post-pandemic era! Conclusion: It is highly likely that we are moving toward a bearish market and any upward move should be considered temporary The...
I published my analysis for patrons on October 22nd! 30 charts in 1 analysis for the most important week of this quarter! you can find the analysis link:
Gross margin is the difference between a company's revenue and its cost of goods sold (COGS). It's expressed as a percentage of sales. Tesla has lowered its product sales price 5 times in 2023, as of October 25, 2023. Here is a timeline of Tesla's price cuts in 2023: January 19: Tesla lowered the price of the Model 3 and Model Y by $1,000 each. March 7: Tesla...
S&P500, Dow Jones, and Russell 2000 have broken below the lower level of a bearish channel and NASDAQ 100 is in the middle of a bearish channel. What scenario is more likely? A: NASDAQ100 will move toward the upper border of the channel in the coming days B: NASDAQ 100 will move toward the lower border of the bearish channel in the following days My Answer: The...
Tesla will post its financial results for the third quarter of 2023 after market close on Wednesday, October 18, 2023. TSLA: Oct 2nd,2023 In the third quarter, we produced over 430,000 vehicles and delivered over 435,000 vehicles. A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call....
Educational point: Triangles are similar to wedges and pennants and can be either a continuation pattern if validated, or a powerful reversal pattern, in the event of failure. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles. Ascending triangle :...
Wyckoff analysis is a technical analysis approach that can help investors decide what stocks to buy and when to buy them. It is based on the observations of Richard Wyckoff, a stockbroker and financial analyst who lived in the early 20th century. Wyckoff observed that markets move in a cyclical pattern of four distinct phases: 1. Accumulation: This is the phase...
The best asset allocation for a possible WWIII would depend on a number of factors, including the severity of the conflict, the duration of the conflict, and the impact of the conflict on the global economy. However, some general principles can be applied. First, it is important to consider the potential for hyperinflation. Hyperinflation is a rapid and...
Systematic risk, also known as market risk or undiversifiable risk, is the risk that affects the entire stock market or a large market segment. It is caused by factors beyond the control of individual companies or industries, such as economic recessions, interest rate changes, inflation, and geopolitical events. Systematic risk is one of the two main types of...
The Russell 2000 Index is widely used as a benchmark for small-cap investing and is tracked by a number of mutual funds and ETFs. It is also considered to be a bellwether of the U.S. economy, as small-cap companies are often more sensitive to economic changes than large-cap companies. small-cap companies are generally more susceptible to monetary policies than...
This is a very bold prediction, but looking at the historical data it is not impossible to happen! So, it is good to think about! There have been two bear markets in the Dow Jones since 2000: • March 2000 - October 2002: The Dow Jones declined by 37.8% during this bear market, which was caused by the bursting of the dot-com bubble. • October 2007 - March 2009:...
The stock market has historically performed worse in September than in any other month of the year. This is known as the "September effect." Over the past 5 years, the stock market has also performed worse in September than in any other month of the year. The S&P 500 has averaged a return of -2.89% in September, compared to an average monthly return of 0.34% for...
A 3-bar pivot is a candlestick pattern that can be used to identify potential reversals in the market. It is formed by three candlesticks, with the middle candlestick having a higher high and lower low than both of the other two candlesticks. The 3-bar pivot pattern can be bullish or bearish, depending on the direction of the preceding trend. If the preceding...
Gladiator is my favorite movie! It has been source of motivation for me in the past 20 years! I watch this movie whenever I’m down! I can’t believe he posted this randomly just 3 weeks before Tesla’s earnings! Three weeks from now, I will be harvesting my crops. Imagine where you will be, and it will be so. Hold the line! Stay with me! If you find yourself alone,...
If a price pattern moves in a sine wave pattern, we can say that it is cyclical. A sine wave is a repetitive pattern of peaks and troughs, which is the definition of a cycle. However, it is important to note that not all sine wave patterns are created equal. Some sine wave patterns may be more cyclical than others. For example, a sine wave pattern with a very...