Macro Monday 58 Recession Charts Worth Watching If you follow me on Trading view, you can revisit these charts at any time and press play to get the up to date data and see if we have hit any recessionary trigger levels. They are very handy to have at a glance. CHART 1 10 - 2 year treasury yield spread vs U.S. Unemployment Rate Subject chart above ...
Quadratic Interest Rate Volatility & Inflation Hedge ETF AMEX:IVOL Quadratic Interest Rate Volatility and Inflation Hedge ETF AMEX:IVOL is starting to look interesting. I wonder can it break above the 10 month smooth moving average this time? Do you think there is a chance of interest rate volatility and want to profit off it? Do you think there is a chance...
NVIDIA - NASDAQ:NVDA The chart demonstrates a pattern of rising parallel channels for durations of approx. 142 - 152 weeks followed by 36 - 46 week corrections. We are currently in a defined rising parallel channel and we are at week 92 of that bull trend, with a further 50 weeks probable based on the historic repeating timeframes. This does not guarantee a...
Macro Monday 57 - Venezuela Update I'll have more charts for you over the coming week but feel this is an important event that could help shape South America's economic trajectory over the coming 5 - 10 years Last week I shared the country that has the largest oil reserves in the world, Venezuela. I noted that Venezuela stands at a critical juncture, with...
Total Crypto Market Cap - CRYPTOCAP:TOTAL ✅Tags 10 month moving average. ✅14 months into a 29 month bull run timeframe. 🎯You can see where we are now v's last two cycles (Oct 2016 & Aug 2020). The road to riches is paved with patience Donald Trump's Recent Key Statements at Bitcoin Conference in Nashville 1. Vowed to hodl the 210,000 BTC held...
Macro Monday 56 Venezuela - Democracy Beacons Economic Reform As one of the core members of OPEC, Venezuela holds the distinction of having the largest oil reserves in the world with over 304 billion barrels beneath its surface. This is marginally more than the Saudi Arabia oil reserves. If you ever wondered where the largest oil reserves in the whole...
Macro Monday 55 Turkey - Europe’s gateway to the Middle East and Russia Turkey holds a vital strategic position as the bridge between Europe and the Middle East. Turkey’s economy has been making leaps and bounds over the past decade and the war in Ukraine has resulted in significant increase in trade through the country, benefiting its logistic companies...
Citibank Opportunity - NYSE:C Company Market Cap: $82.2 billion Share Price Today: $42.68 Dividend: 0.53c per quarter (Annual Dividend of c.$2.06) Annual Dividend Yield: 4.82% Next Earnings Report: Friday 13th October 2023 Citibank (Citigroup) is the 20th largest bank in the world & a member of Global Systemically Important Financial Institutions...
Macro Monday 54 Chile and Peru The Largest Copper Producers in the world A staggering 36% of the global supply of copper originates from Chile and Peru. With AI, semiconductors and big tech leading the furore in markets, isn’t it any wonder that both countries are demonstrating incredible growth. Being the largest producers of copper in the world during one of...
Macro Monday 53 Indonesia – Palm Oil Capital of the World This week we are looking at all the reasons why Indonesia is one of the fastest growing economies in world and projected sustain this growth well into the future. We will learn how it is incredibly diverse this group of islands are in produce, exports, people and even in palm tree variety. Let’s look...
Macro Monday 52 Vietnam – A Global Food Supply Giant & Diverse Manufacturer According to a report by global wealth intelligence firm New World Wealth and investment, Vietnam is forecast to see a 125% increase in wealth over the next 10 years. This would be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires,...
Macro Monday 49 Ireland – The Fastest Growing Economy in the EU According to forecasts by the European Commission the European Union is set to grow by a humble 1.7% in 2024 however Ireland is the country which is forecasted to grow the most with an annual growth rate of 5% expected for 2024. In Q1 2024, Ireland recorded a 1.1% increase compared to the...
Macro Monday 50 The Ivory Coast ~ The Cocoa Centre of the World This week we will look at the investment opportunities presenting in the Ivory Coast which is the world’s largest producer of cocoa. This booming economy is expected to continue grow at a 6.6% GDP growth rate which competes with the likes of India (covered on a previous Macro Monday). Today we...
Macro Monday 51 The Philippines – The Trading Hub of Asia The Philippine economy is currently the fastest-growing economy in South East Asia with solid promising growth projections for the next several years. The World Bank's Global Economic Prospects report on East Asia and the Pacific showed that the Philippines and Cambodia will be the second highest growing...
Euro Area Interest Rate ◻️Reduced from 4.5% to 4.25% as expected ◻️We can acknowledge the pattern & recognize its significance without jumping to any immediate conclusions ◻️Chart will need to be combined with others to make assertions, such as the 10Y/2Y Yield Spread U.S. 10Y/2Y Yield Spread with U.S. Unemployment rate The amount of months that have...
iShares Global Energy ETF - AMEX:IXC This chart and all the others ETF's shared in the below post continue to show major break outs. Its really incredible to see. ✅ Ascending triangle breakout & retest of base ✅ Series of higher lows ✅ Above 200 day SMA ✅ Great Risk Reward set up at 8:1 Garnering some long term exposure to these general indexes is a great way...
Macro Monday 48 – The Specialists, South Korea Apologies for the delay in this weeks release South Korea appears to be an economy that is taking the specialization approach with a strong innovative focus on biotechnology, pharmaceuticals, heavy machinery, vehicles, specialized battery components and major EV battery manufacturing. The country is not just...
ROBINHOOD - Long Term Exponential Potential HOOD as a less favored stock has been bottoming in price for over 2 years....I believe the GameStop saga coming to an end and their rich product suite along with major growth presents a potential exponential opportunity ✅ Exponential Return Opportunity: The price fell 78% from $85 to $6.81 and since June 2022 has...