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What has caused the massive spike in annual inflation? Is a new wage cycle looming?
I'm still bearish on this stuff. Looks nice on Mrs McAfee, but that's about it. /* Not trading advice */
$spce Space is the Place
Some people feel the rain. Others just get wet. Bears rekt. Fomos bought. Yeh bby aight.
As Boris sticks two fingers up at Europe, the EU27 jab at the UK's weak spots in Gibraltar, N. Ireland and Scotland. France blocks important deal to save British Steel from collapse. Whilst Boris continues to make words, the EU is done talking. Is an economic cold war brewing? 2020 is a year of extreme volatility in North America (Trump impeachment/election),...
BTC, BCH TSLA, SPCE, AMZN
Lithium Americas Corp. Technically, long opportunity with possible double bottom. Lithium price is very volatile, still no futures as of yet. LME still working it out www.lme.com Fundamentally there is talk of possible oversupply. This chart is for the Toronto Stock Exchange. Stock also available against USD on NYSE. /* Trade at your own risk please. */
Break above the 20 weekly MA (blue) signals bullishness. Break above horizontal resistance will see new highs into 2020. Loss of 100 weekly MA (green) signals bearish reversal.
The British pound exhibits a broadening formation (also known as a megaphone) against the euro. This pattern is rare, comes at the end of a significant rise or fall and denotes increasing volatility, i.e. indecision amongst traders. It is often associated with elevated systematic effects such political or economic risk. It can be both a reversal or...
The fall below the 200 WMA ( weighted moving average) adds more credence to the idea that 2017 was the end of a larger 10 year cycle, although the drop could be a minor blip like 2012 my bias says otherwise. It is impossible to tell objectively. That is why I average in and out. 200 WMA in purple If this is an end of cycle scenario, we will fall far below...
Looks like bearish parabolic continuation to me. We'll see. I'm not shorting here myself. /* Trade at own risk please. */
Eth what do? /* Obviously not trading advice. */
I'v been looking into cobalt for about 2 years now. This is a very volatile and underdeveloped market. Futures non-existent, just LME but lot size is 1 metric ton... you can gain indirect exposure through mining companies stock, or more direct via streaming companies (basically commodity hodlers that have contracts to buy in bulk from miners and who then warehouse...