PHICAPITALINVESTMENTS

PHICAPITALINVESTMENTS Updated 

Just an update based on the way Gold is progressing. I believe we are reaching the end of the second leg of a longer term correction. In the short term, I'm expecting her to continue an exhaustive push to the upside until around the $1900 area, which may take until the end of this year. This seems to line up with my expectation for the DXY to go to 95 in the same...

PHICAPITALINVESTMENTS Updated 

Just an update based on the way the S&P500 has progressed since my last post. My outlook is still the same as last post as we have not had any major changes from the path. We are still crawling along what I believe is the first corrective flag for longer term downside (ABC in dark pink), which constitutes the 1-2 wave of the downside impulse shown in bright blue....

PHICAPITALINVESTMENTS

Just an update based on how the chart has progressed since my last post last week. I am still bearish; I believe we are at the precipice of another leg down to the $1800-$2000 level. I'll be looking to load up more on shorts as the chart moves up. If it passes $3230 level I will have to reassess. Need to see how it plays out this week.

PHICAPITALINVESTMENTS

Seeing some turbulence coming in the markets. I was skeptical as to why we were getting a bull run since the tail end of March when the world is still doom and gloom right now (riots, coronavirus, etc.). Seems like the market is finally starting to price this in. I am seeing a spike coming in the VIX as well as the DXY, and I am also seeing a down move coming in...

PHICAPITALINVESTMENTS

Just some updated thoughts based on the way Crude has been developing lately..

PHICAPITALINVESTMENTS

Just some updated thoughts based on the way S&P has been developing lately..

PHICAPITALINVESTMENTS Updated 

Short term, I believe we are in the last leg of a correction that will top out at around $2970 (D point of XABCD pattern, or point C of the ABC pattern) before continuing the bear move towards the $2200 region in the near long term. While a drop to $2200 seems large and can be attributed to the ongoing Trade War, I believe there will be one more leg up from that...

PHICAPITALINVESTMENTS

Just testing out some new concepts, so I'm not 100% married to this outlook as it differs from my usual analysis, but regardless let's see what it tells us. Keep in mind when I make my targets (shown as BCD in pink), I expect the market to pivot within some range of that price (as indicated by the pink boxes), as is the case in all my charts. We are currently in...

PHICAPITALINVESTMENTS

Just wanted to show what I've been tracking lately. These are the 3 fundamental charts I follow like a hawk. This week was a lot of fun with the EIA inventory, FOMC announcements, as well as Trump's latest statements on China tariffs..

PHICAPITALINVESTMENTS Updated 

Just some updates to my idea from a few days ago.. the chart could be forming an Ending Diagonal for downside (which may confirm the Expanding Flat on the weekly chart for a potential ~25% liquidation to around $2150, with minimum target being $2334).. or it could be forming a Running Flat for upside (which may indicate we are indeed in a long term bull run and...

PHICAPITALINVESTMENTS

Possible paths I believe S&P500 will take over the next few months.. Every time it keeps making new highs, I'm just looking for sells.. We are in uncharted territory now so I expect there to be a time of great liquidation coming up with investors trying to maximize their profits at the tops..

PHICAPITALINVESTMENTS Updated 

The path I believe Gold will be taking during the next month.

PHICAPITALINVESTMENTS

This is the path I believe USDCAD will take over the second half of 2019

PHICAPITALINVESTMENTS

Few possible long term paths I see Silver taking over the next few years..

PHICAPITALINVESTMENTS

2 possible routes I see crude taking over the next month..

PHICAPITALINVESTMENTS

Just some thoughts on USDJPY long term.. looking to hold some buys until at least the $120 area.. minimum target around $113.. I'll be looking for sells once we've reach that area.. expecting to see $95 range thereafter..

PHICAPITALINVESTMENTS

My outlook for the US economy over the next few months.. I believe we are in the midst of the first correction of a trend reversal for a long term downtrend.. if you couldn't catch the sell at the peak (around $2940) no worries, the time for the big short might be coming soon.. I am currently holding buy positions as we complete what I believe is the C wave up to...

PHICAPITALINVESTMENTS

Bought some shares of this company at just under $3 before the euphoric run to the upside started. This is really my first foray into trading company stocks and I don't usually trade based on news, but with this one I did. With the 420 industry set to blow up here in Canada, it's interesting to see a bubble go through the motions while it's happening. I have no...