Bank on Dec 20, 2021, I first warned about EU banks It went against about 12% before it collapsed almost 30% from the classic double top. I was warning that the yield curve was in the death dive and this was bad JuJu! I also warned about US Banking XLF on Dec 6, 2021 Since then all charts have confirmed my analysis like Magic! Unfortunately, few saw the...
Back on Dec. 18 2021 I called a short in CRM. I appeared awkward and weird at the time when I made such a call on a high-quality stock like CRM. Jan 6 2022 I once again reiterated my short call by saying how nice it was to have a 10% gain as a cushion to continue to hold the short. Since then the price has collapsed 45% from the top. Will it break a Decade...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Boeing has had their difficulties of late and it seems that it will be a while before the return to its previous Glory. I first urged Caution back on Jul 19, 2021, on tradingview, and way before that privately pointed out the H&S I still see no bottom in sight.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Housing topping out? We have not yet seen the evidence to support such a claim. The builder Cancelation rate is still very low. The historical avg is just shy of 10% the current rate is around 6.5% With commodities soaring, rates rising, wages lagging inflation inverted yield curve and mortgage rates going vertical this could change very abruptly. The historic...
As mentioned back in Jan 2022 Pave was about break. It did. Now we are looking at another key break in a rising wedge.
Gold remains a bad investment relative to NDX despite the recent little pump. Gold has a long way to go to confirm that it is a better investment than stock.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
While I kept this trade for subscribers and did not publish it here. I want people to understand the impact this massive move will have on poor countries. There is a potential for deaths around the world far beyond the borders of Ukraine and Russia without firing off a single nuke that so many fear. Again this is not something new from what I have been saying...
Feb 23, 2021, I posted this chart warning about airlines on a technical level. Apr 20, 2021, I posted this chart as a warning about airlines as commodity prices were breaking out. Apr 28, 2021, I posted the CRB Commodity Index on the verge of a 13 year Major Breakout Jun 21, 2021, I once again updated Inflation is not over yet. Dec 28, 2021, another update...
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
I will say it again. Caution in all asset classes remains. How much risk are you taking on for how much reward you are expecting to acquire? Keep asking yourself that question. Better to be out of the market wishing you were in rather than being in the market wishing you were out.
Back in May 2021, I posted this chart SPX priced in Gold was hitting a potential area of reversal. Fast forward to today and sure enough, it is rolling over after slightly breaking previous highs. This chart gives us a good idea of how exposed to gold we should be. I have been asked on several occasions about Gold. My reply has been the same when gold breaks...
I see nothing Bullish in Cryptos. Just because prices move does not mean we are in any sort of an uptrend. In fact, the opposite is true.