This is quite symbolic graph comparing NASDAQ Composite Index to the interest rates since the end of gold standard in USA in 1971 and beginning of the Modern Monetary Theory where FED economists thought country can't bankrupt because always more money can be printed. Each time since 1971 when there was a crisis and stock market going down the best solution was QE...
Introduction This is pretty clear that we are witnessing bubbles on different markets every around 20 years period of time. These bubbles obviously are driven by the unreasonable greed of the investors. Market is always unreasonable but we can see some similarities between all bubbles. Japan 80's real estate and stock market Since Japan had monetary crisis...
As for yesterday Elon Musk announced that he's planning to reduce staff by 10% and freeze recruitment as he has very bad feeling about economy and Tesla stock dropped by around 9% following previous drops since ATH in November. Comparing to the dollar strength index graph we can see that Tesla similarly to many "mainstream" stock experienced high growth since...
Current situation What we are observing now seems a little not reasonable because what primarly comes to our mind is that during the time of high inflation in the US and Europe and stock dropping 30% (or even more in nearest months) is that gold should adjust its price and go up. However the situation is opposite, beside the spike after beginning of the war...
High correlation on the chart. Currently stock is trading below 1 USD which is 80% less than ATH. I expect next price ries after next halving in 2024. With a little more risk it can be good option for long term investment. Sell during the next crypto bull market.
Difficult times are coming Since march 2020 when pandemic was accounced we saw many bad for economy decisions. There was no doubt that it will have negative impact. At the beginning bad sentiments were "flooded" with printed money as per tradingeconomics we can see money supply in the US increased 4 times between march and april 2020. Until now we can see...
AMEX:SPY SPY might look for the bottom at fib 0.618 after long run since march 2020. Level 311 was already tested twice in September and October 2020.
NASDAQ:COIN vs COINBASE:BTCUSD Correlation between COIN and BTC trend is high. In 2022 BTC will continue downtrend to reach bottom at around 15-25000$ which is 40-50% loss from current level. Lowest levels should be reached between 2022 and 2023. COIN will follow BTC trends and if we assume that also will lose 40-50% from current levels the best moment to buy...