


Inverse H&S setup in play for Gold. At the moment it is high basing. Worth keeping an eye out for a CRACK higher. Just a matter of time in my opinion.
The transportation average breaking the first time warned us that things were not right back in July 2024. Today we are getting yet another CRACK WARNING! The TRUMP economy will be a disaster area if he doesn't change his ways quickly. Even then it may be too late. Trust in the government has eroded. Democracy and markets rely on TRUST! Trust can not be bought,...
QQQ relative to money supply reveals that markets have never been this expensive in history, despite all the money that was pumped in over covid. Tulips! Caution is in order despite what "experts" may tell you.
I think it is important for people to full understand that the 172,000 job cuts from the Federal Government is more about showmanship than logic. The federal gov employees as a % of the population has been falling for decades through the growth of the population and the economy. This is the absolute best way to reduce gov. Debt, deficits, etc.. through growth,...
The Average Wage Earner Needs To Work166.5 Hours To Buy One Share Of The S&P500 If this chart does not drive the point home. Nothing will. Sometimes simple common sense is more powerful than all the fancy analysis one can buy or think of to create. Price is what you pay, and value is what you get! Remember that my friends. DANGER IS SCREAMING AT YOU!
Since my initial post, TSLA has lost usmuch as 24% of its total value. Do not expect new highs anytime anytime soon. At best it will flip-flop at these levels for a while. Again this is the best case scenario. Fundamentally TSLA is way overvalued. it is not even something anyone can debate rationally. Despite the horrible fundies, I did offer a buy signal...
As I have been saying in chat. It is hard to increase revenues, profits, and EPS without more workers producing. We have seen that reality play out in the data. Deporting prime-age labor and imposing taxes on ourselves is certainly not going to help. There is only so much output an economy is capable of. Giving tax cuts to the rich certainly won't change how...
The 15 minutes of fame for TSLA & Elona is over! According to the chart. Wave 3 up, with an Eiffel Tower ending pattern. I got the top back in 2021 twice. 1st 2nd I caught the break out in 2024 I caught the top again in 2024 I am getting the end now in 2025. I am a macro guy so it won't be tomorrow but it's over. Yes, there will be some buying...
When a politician and their buddy start spouting nonsense about the US debt spiraling out of control, but then insist that tax cuts are great because they’ll create jobs, and all that money will somehow trickle down to the rest of us, magically boosting tax revenue to "make up" for the lost funds. Especially when that same politician was re-elected bc inflation &...
Here is a simple ratio chart of Home price/Household Income, YOY rate of change overlaid with plain home prices. A few things we can learn from this chart. 1. A 4 to 5 X ratio used to be the bottom and top for home prices relative to household income. the ratio in 2000 after decades of stability rose to 6X income. Today we have spiked to 7.7X income. Clearly,...
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
Unlike the previous call, I made in NVDA that was corrective. This double-top pattern is signaling a reversal pattern. From a trading perspective, this is a great risk/reward setup that is relatively simple. A CRACK! here will likely lead to at least the right side filling, with the potential deeper pullback (reversal) If on the other hand, it pops above...
Money has been around for over 10,000 years! Money is a derivative of private sector(PS) asset/labor producing. Money is not a derivative of Gov Gov borrowing money from the PS with interest to buy money without interest is a recipe for economic disaster. Gov spending currently is over 40% of GDP annually. It used to be under 10% Gov debt benefits the few...
My initial post on INRUSD was back on Sept 2022 more than 2 years ago. My update is more of the same going forward. INR will continue to collapse despite its nominal economic growth. When the economy is very small relative to its population, the growth rate doesn't matter as if a major economy like the US has similar growth. It's like comparing apples to...
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
How expensive is the market? The average wage earner has to work 167 hours to buy 1 share of the S&P 500. A new historic all-time high! The markets are crazy expensive! The inflation no one shows you or talks about is driven by massive deficits and cheap money. Extreme Caution is in order!
TSLA From Erections Come Corrections while double topping. These are both very powerful structures that have formed and bulls should be very cautious. Taking profits here is advisable. Fundamentally speaking it goes without saying, that TSLA is stupidly expensive. Here is my previous bull call in TSLA that yielded a beautiful 50% plus return.))
The Crypto market cap is breaking $3 trillion but it is also double topping. Even though we may get a pullback here, I would not panic sell out. I would instead add to my BTC long position as I think it will be short-lived. I did not post my long trade here on TV as it was only for my subscribers. To be updated as needed.