RealMacro

RealMacro

back on Dec 15, 2021 I had posted AFRM short setup Since then AFRM has lost almost 40% of its value. Nothing much has changed except that it is a lot cheaper today than a month ago. Never be shy to take profits.

16:47

RealMacro

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.

RealMacro

In 2008 we had a bunch of Perma bears. Gold is real money, founding fathers, banksters, who will buy the bonds, hyperinflation. Today the opposite, Govt/FED apologists, nothing is bad enough, it's transitory, worry how to spend it not how to pay for it. Wanna guess who is wrong? For every Bill Gross that says who will buy the bonds, there is an opposite Bill...

RealMacro

As mentioned before the airline industry is full of Zombie companies. No pricing power, with a lot more debt. As shown here and here References are always important. :) This is an easy little short setup with a very well-defined stop. Bulls want to see this break above falling trendline. Wait for the break either way.

RealMacro

Back on Nov 23, 3031 I had posted a long setup in DWAC after it had collapsed by more than 70% The title was "don't laugh it's an experiment." Since then it has almost doubled up 84% despite all the volatility we have seen in markets of late. Unfortunately many don't remember this call, but I do, because I am laughing all the way to the bank. :P All kidding...

RealMacro

If they don't scare you out they will wear you out. This is a perfect example of the quote. Bear markets are ruthless because they give bulls false hope. Only to repeatedly fail. Dollar-cost averaging with high leverage blows out account after account when this occurs. When the breakout does come believe me it will be very clear on the chart. What is...

RealMacro

As Inflation soars in the US investors are no longer interested in the Dollar even with ending QE, QE Normalizing & 4 rate hikes. coming this year. Do you want to buy an asset that will lose 7% to inflation while Gov't promises to give you back 2%? I don't think so. As I have been warning.. Dollar bulls do not want to see this channel break.

RealMacro

Here is a chart of the roaring '20s and the 1929 crash. That is called the "Eiffel Tower" pattern. Do you see any resemblance? Sometimes the simplest of things, reveal the clearest picture of reality. The nice thing about the truth is, you don't have to convince anyone.

RealMacro

World Market Leader QQQ At Key Area. Bulls Don't Want To See This Break. Caution is in order. For more info see this video.

19:21

RealMacro

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.

RealMacro

While it is still early in the trade it is still nice to see follow-through to give some margin of protection to hold.

RealMacro

I posted this chart in July. I was not convinced that AMZN had upside potential and it was in consolidation. Since then AMZN has done nothing and it has been dead money. As it corrects through time rather than price.

RealMacro

Back on Dec 1, 2021 I called the false breakout in SHIBA. Many disagreed with me as usual. It has since lost a third of its value. Dec 28, 2021 I once again warned about another short in SHIBA many disagreed with me again, BORING!

RealMacro

When I first posted this short it was trading around $36 back on Feb 11, 2021 Today it is trading at $6.67. Don't take stock tips from Reddit!

RealMacro

Back on Dec 7, 2021 I posted this chart. I was not convinced that QQQ had any legs to push higher. Despite the extremely bullish sentiment at the time with all the cute little sound bites and memes of Santa Clause rallies blah blah. While the markets have not dropped, they have not popped either so it is way too early for me to claim glorious victory, but we are...

RealMacro

Back on Nov 23, 2021, I posted this chart Since then nothing has changed, The structure is still bearish until it isn't.

RealMacro

Again another one of those nice-sounding memes that Gold is an inflation hedge. Since 2011 Gold has done absolutely nothing. That is the cold, rude, bullying, fact. Until it breaks out it is dead money. It has been dead money for over 10 years now. Will it ultimately break out? Yes very likely. Until then I am not touching it.

RealMacro

Extremes tend to get more extreme, yes but we don't ignore it because the meme sounds good. Having said that it's only a piece of the puzzle not the holy grail of analysis. Worth keeping an eye on this chart. Rising wedges tend to sharply correct. Pay attention to the message of the markets and let the charts tell the story.