A no-growth company that made $300 million on its best year is setting up for a huge drop after completing the 3rd wave up. www.youtube.com
This is not a simple short setup in a zombie company with no pricing power. Rising wedge that is about to Crack lower.
Back on Jul 6, 2021 I posted this chart "AMZN I am Not Convinced Yet" Fast forward and price has gone nowhere. Now a 13-year channel has been broken. While I am not ready to call a short in this name until it breaks previous sideways lows. The writing is on the wall. that it will. Having said that I will go ahead and mark it as a Short. But I am still waiting...
As you can see much of the gains since the GFC of 2007, the markets have been pumped by various means. Deficits, ZIRP, QE, Ops. Twists etc... The moment that all went away (thx to the great equalizer Commodities) due to inflation, everything has reversed course. Contrary to popular belief there are rules to markets. While markets may appear random to you, the...
This is what Twitter BTC Pumpers are excited about LOL! I will leave it up to you to decide.
UNH has been one of the most bullish stocks through this entire bear market. As such the structure suggests higher prices to come. Great risk-reward setup. NYSE:UNH
AMD has been in the right sector. SMH and has enjoyed a really nice run up since 2016 that has formed a 5-year rising wedge. The wedge has given 2 warning signals while forming a H&S pattern. Semiconductors (SMH) is the only sector that has performed better than NDX consistently since 2015. AMD has outperformed SMH. But as of late, this ratio is coming into...
A nice Simple trade. With rates rising and FED finally making the right decision to deal with inflation we can expect retailers to have some difficulties going forward. After completing wave 3 up it is failing to push higher. While the current formation does appear as a bull flag it has failed the breakout. As such a great risk-reward setup is at play giving...
With the 10/2 at a key area of potential reversal and the 10 years by its self also at key are coupled with the relatively low VIX reading of late and Stocks at all-time high at a key area as well. I must conclude based on the fundamentals and technicals the best risk-reward here is lower. Conversely, if a breakout of the 10 year does occur! Historically speaking...
The 10 year is breaking key area on its way to 3% area. I have been warning about this move for about a year now. Starting with this post back on Feb 25, 2021 Which I expect will soon break higher. Then posted this chart back on March 16th 2021 Followed by "food inflation" post on Apr 23, 2021 Followed by this chart on May 23, 2021 Showing the lagging 10...
For years now Gov't has been bailing out markets by back-stopping risk for investors using various names such as the "Cares Act", "Tax Cuts" etc.. under the gist for the people's economy. More and more deficits, QE, ZIRP etc.. As a result, we have all witnessed massive asset price inflation. This chart shows us how every time the markets dropped "stimulus" was...
This is bad juju as the NYSE is the broadest market index. If this goes we could be in for a very bad Crash Stocks. This chart coincides with one of my latest posts XLU. Click to read more why such a boring ETF matters right now.
A year ago I warned that the S&P500 inflation-adjusted was breaking a 50-year channel. A year later we now all see the importance this chart was signaling. The chart is showing no end in sight for now.
Before we begin I just want to remind everyone that the chart is a bit skewed bc it is 12 months rolling. That means we are measuring inflation YOY when we were on a lockdown of sorts. Having said that the move is in fact excessive which is what so worrisome. Even as it balances out a 2.5% inflation would put the 10-year bond yield way below inflation in negative...
When 70% of GDP is consumption, You really want to pay attention to retail sales. With 3.4% unemployment, rising rates, and lagging wages there isn't much upside left right now. Do you want to own DDS? Do you Want to own NKE?
Warning in all asset classes remains. Better to be out of the market wishing you were in rather than being in the market wishing you were out. Share the Love so we can help more people.
Warning in all asset classes remains. Better to be out of the market wishing you were in rather than being in the market wishing you were out. Share the Love so we can help others.
Accuracy and consistency matter to develop trust that I will always try my absolute best to give the best analysis and simplest trade setups that I can. :)