Walmart is the biggest retailer and the biggest employer in the US. This is a very simple setup with great risk-reward US bulls do not want to see this fail.
Global Central Bank Balance Sheet denominated in USD has broken the uptrend line down almost 16% or $5 trillion which is about 5% of Global GDP. Why does that matter to you? Because there are $5 trillion more bonds available that have been invested in the bond market which takes away from other asset classes. While global debt has skyrocketed (meaning more ...
There has been a lot of propaganda of late talking about the BRICs will replace the US or China Yuan will etc.. this is flat-out silly talk designed to influence unsuspecting people for political purposes. This chart BKF/SPY is a comparison chart BRIC and the US. However, BRIC is now BIC since Russia has been cut out by US sanctions. In my view, BIC is...
For years now TSLA has been leading the NASDAQ. A year ago this came to an end as TSLA started to underperform the NDX. TSLA is now the red-headed stepchild of NDX. While everyone only sees a big drop today, they do not realize that TSLA/NDX has cracked a major fully formed valid structure. This is far worse for the future of TSLA stock value. I usually post: ...
SPCE since November has formed a bear flag that is cracking today. Caution for bulls is in order. This is a very simple structure setup.
Business loans relative to money supply spikes during periods of recessions. As you can see the law of diminishing returns is creating lower highs, As per this chart there is no indication we are in a recession. Why? I would argue because we are still in a recession since 2020. You can't fix an insolvency problem with liquidity.
While everyone is worried about inflation, recession, the FED, Cryptos etc.. No one is realizing that we could be heading for an emerging market currency crisis as rates in the US rise and the dollar gets stronger. Read more bout it here.
When the market is full of bulls and 7 stocks make up 25% of the SP500 you don't want to start seeing cracks in MEGA stocks. That is the problem with markets priced for perfection. I have posted several bearish structures in several MEGA stocks yet no one realizes it. AAPL GOOG TSLA And now MSFT! Pay attention not with money. :) Caution is in order.
ANF has had an amazing run as I had expected it would back when I first published the trade. Of course, I had no idea it would have performed in such a manner. However, the time has come for at least a correction if not more. Wait for a crack in the recent uptrend and take your profits. Bulls and bears make money pigs get slaughtered! CAUTION!
I am not here to entertain people for likes and followers. What does that mean? In other words, I will not sensationalize nothingness. That should clue you in that markets are pretty much dead. When I start posting, something is happening. it is that simple. ;)
There is only so much advertisement a company can acquire before the law of diminishing returns kicks in. GOOG appears to have reached that point based on this chart. This is not good news for the overall market. Caution is in order. Especially to the Perma Bulls!
A rising wedge to a double top that Cracked! Double top you might ask? Yes. Double tops can break just prior to, at, or just above the previous highs. Too many people make the mistake of thinking a crossing of a line means something in of itself. It doesn't. The structure is way more important. in this case, it was a rising wedge. While you guys are seeing this...
Please be real careful out there. Not a time to be a hero.
Great Example of BKC charting I spoke about in the previous video about NVDA. Go back and check it out :) Like, follow, and subscribe for more great info. Thank you for the support and helping me reach 3500 followers. More great stuff to come! Honest and simple analysis with great risk-reward setups. :)
70% of GDP is consumption, with that in mind, seeing such a bad number with a downward trend is very concerning for the future of the economy, revenues, profits, EPS. Remember that core inflation is still very high at 3.9%. At this pace, we could end up in a stagflationary environment. While many look at Nominal GDP. They are missing the importance of REAL GDP ...
Obviously NVDA is in a Euphoric FOMO Mode and almost impossible to pick a top. However From Erections Come Corrections add the nice little double top and it makes it compelling for bulls to take profits. Stupidity is the best way to make money, so don't give it back.
Commodities are a completely different kind of trading. They can get extremely violent and blow out people faster than you can blink! In this chart, we can see an erection move (accelerating as it rises) which is always followed by a correction. The question then becomes where and when the correction occurs. A topping M pattern is one such signal that gives us a...
Exposing MMT Since 2019 US GDP has risen by 4% or $800 billion. At the same time, US Debt has risen by 33% or $8 trillion. If MMT worked as advertised GDP would have also grown by 33%. It didn't! Why? bc Gov't debt is not productive. It is as plain as day.