UnknownUnicorn1043646
Forecast for Macro: - Falling Wedge Breakout must be re-tested. - Bear Flattener coming as short-term rates rise with Fed tightening expectations: - 2x ATR spike in US02Y: - The Fed members will probably all have their turn to make comments, leaning hawkish. This should cause a rally in the US02Y. - Bonds Volatility Technically Bullish: - However, this will...
Speculation for Macro: - 2018: Trump began trade war with China, and the market had the worst year in a decade (at the time). - 2020: US-China Phase 1 deal is signed, market crashes shortly after. - 2021: Market immediately rebounds and has the greatest bull market in history. IMO it was a run-up then sell the news by insiders, then BTD for the bull run to...
Idea for VIX: - VIX short positions unwinding. - Holding higher bottoms, forming a rounded bottom - typical before VIX spikes. - VIX has been in accumulation for a while. GLHF - DPT
Idea for VIX: - Falling Wedge Breakout, Re-test the Wedge and enter upward ML Channel. - Using 2N-2.2N Frequency SL. GLHF - DPT
Speculation for Macro: These are the underlying conditions: - Inflation expectations are what leads risk appetite. After all, who would hold or buy an asset expected to depreciate in value? - Global inflation expectations turning down and have been in a downtrend for decades. Of course it is deflationary. If DEBT fueled GDP growth (for appearances over...
Idea for AMZN: - AMZN drops on earnings from missing on expectations. - Inflation expectations are everything, not earnings or EPS. - Not a BTD, but reversal... It can go to 1600 after. Big Tech will be in trouble. GLHF - DPT
Idea for NOK: - NOK quietly and pleasantly on the rise. - Bullish trend (S1). - IMO one of the best holds out there. GLHF - DPT
Idea for XOP: - The reflation trade is dead - just a reminder: - We saw big tech earnings in a (growth) deflationary environment: - Now it's Big Oil earnings time. GLHF - DPT
Idea for indices: - As expected, Robinhood IPO was the trigger for global sell-off (other factors involved obviously, but I have been posting about everything macro related in other posts). - China continuing to lead down. - Look how the deflationary wave hits HSI > Nikkei > EU > US. Dome tops forming everywhere. - ECB actually has greater QE than US, so EU index...
Idea for Nasdaq: - 15% correction by Gann. - Nikkei also seems to be telling 15% move next - 40% possible: GLHF - DPT
Idea for Stocks: Remember Coinbase IPO and Bitcoin? This is probably the queue to complete distribution. That is all. GLHF - DPT
Idea for TLT: - Price is in quite an elegant ML Channel (upperbound). - Rising Volume and Volatility. - Over key MAs (holding trend). Bonds too, only go up in time, and can be interchanged with equities when there is a bear market in stocks. Smart money already piling in (hedge or predicting a stock bear market). We can play the bonds game soon. GLHF - DPT
Idea for SP500: - For me there is no question that there will be a major correction in indices in the near future (by EOY - Q1 2022). There is also no question for me that it will occur before interest rate hiking by the Fed (if they indeed raise them). It is just a matter of getting the right entry and getting the prize. - Don't be excited by daily fluctuations...
Idea for Black Swan: - Watch cyberattacks on key infrastructure. - WEF is an open book. - It is the catalyst. GLHF - DPT
Long UVXY 30P Aug 6 4.20 debit Since its confirmed to be a backside move, scalp the downside
Long IWM 215C Jul 30 3.54 debit It can go back to ML before more weakness