


53% of them have missed 1 BNPL payment. Buy now pay later maybe?
NMR is making news today of a $2 billion loss and trading halted down 15%. One never knows if this is going to be another Lehman moment. Not for us to guess if it is. Here is what the technical chart looks like. It had a recent breakout out of a long-term bearish fade away. This is going to be a shoot first ask questions later type of move. At least that's what I...
As of late, I have steered clear of cryptocurrency and Bitcoin due to the chaotic state of its charts. However, at present, there is a favorable short-term chart setup with an appealing risk/reward head and shoulders pattern.
I'm giving her all she's got, captain! "The current economic outlook is highly favorable, with a low unemployment rate of 3.4% and a near maximum employment-to-population ratio. The economy also benefits from positive credit growth and record-high levels of industrial production. Additionally, imports have reached an all-time high of nearly $1 trillion, and the...
I am reposting this important chart as I made some mistakes prior. Understanding the basics of Bonds is very important to traders/investors. Yields (interest rates) are like gravity to other asset classes. The higher yields go the more gravity on other asset classes. Most are unaware of this simple rule bc most traders today have never had to deal with inflation...
Don't be fooled. 3.9% UR in the context of a smaller labor force That peaked in 2000. This chart shows all All Employees, Total Nonfarm divided by population size. As you can see all employees to population kept skyrocketing from 1957 to 2000 with deficits next to nothing. SInce 2000, all employees have flatlined at best while deficits keep increasing...
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. DON'T PICK BOTTOMS!
Nice risk reward breakout in the USD. There are many implications as a result if this move continues higher for other asset classes.
Say good night to AAPL! I know I will get a lot of comments. Save it! Come back if and when I am wrong and tell me all about it. Until then don't waste your or my time please,
With rates rising, the dollar getting stronger, reserves unleashed into the market, EU preparing better for winter Natty is about to crash. Caution if you are long.
As I have demonstrated so many times before on trafingview this recent spastic move is very common in the chart. It is designed only to provoke emotions to get you to bite. Every time I have warned in the past I have been right. This time will be no different. Double top followed by a fadeaway of hope. Kiss of death. There are a lot of bots on twitter that...
Great Risk/Reward technical short setup against the GBP.
This chart is pretty much self-explanatory and I don't think I have to go too deep into it. While the current level of new homes sold of 600k is normal. A continued deterioration would be of great concern. With sustained higher rates there is a good chance this will trigger a recession signal. On the flip side, FED PIVITOORS have been wrong that we were/are in a...
Understanding the basics of Bonds is very important to traders/investors. Yields (interest rates) are like gravity to other asset classes. The higher yields go the more gravity on other asset classes. Most are unaware of this simple rule bc most traders today have never had to deal with inflation and rising rates. I can't go too much more in explaining it all...
Rising Wedge breaking does not necessarily mean it will tank. In fact it is highly unlikely unless the entire market tanks. How should we view this? 1. Canary in the coal mine? Possible 2. High base to follow? Probable. 3. Expansion of Structure? Likely The market is not cheap! That means wild schitt can and likely will occur. When? No one knows. Don't fall...
With so much money printed and QE causing asset price inflation, some of that money has been used to front-run in the hotel space that is not hitting key multiple resistance areas. Buying up hotels at such valuations as if hotel occupancy rate will exceed Jan 2020 is a joke. www.statista.com CAR (Avis) is experiencing something similar simultaneously Price...
Simple risk/reward setup on the break. You can never go wrong with the war machine, unfortunately. The overall market needs to help it along.