Gold mining stocks are set to pop sometime this week or next. AEM is, in my not-so-humble opinion, the best of the bunch when you compare top and bottom lines. However, the only bottom line that matters is that this stock is in the middle of its cubed-third wave on the daily timeframe, and in the middle of its quartic-third wave on the weekly...
Wow, nice earnings report PTON. Not. Bad. At. All. Here's why it's a perfect storm for a short setup tomorrow, assuming it gaps up above 94: - Gap up above a huge shooting star daily candle ---> gap will close due to massive overhead resistance - It's Friday and the market is looking like it wants to dump in a serious way - 100 dollar/share psychological target...
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Am I a fully-grown pig-bear at this point? Yes. Do I still need to make a living? Also yes. How do I reconcile this internal contradiction? Long MRVL off of strong earnings and a very clear wave count on the hourly. It's an easy play and I really like this company. So why not give it a whirl? Better than twiddling your thumbs while waiting for the...
Dear Tradingview, If today is not red, please reset my reputation score back to zero. Sincerely, -Perma Pig SPCFD:SPX NASDAQ:NDX CURRENCYCOM:US30
"The S&P just made all-time highs!" - That it did Bloomberg reporter. That. It. Did. What Mizz Bloomberg fails to understand is that this is neither a sign that the market is in an uptrend nor that the economy is in good condition. As a matter of fact, it is actually the opposite! Surprise! The Dow and the S&P are about an inch away from death and the only...
Like many market observers, I am expecting a full-blown disaster to come whirling through our economy in the not-so-distant future. It will not be a simple stock market correction - or even a stock market crash. It will be worse than your run-of-the-mill mortgage crisis and is more severe than any sort of typical credit crisis. No, this time it will be a...
See related idea for what happens when a VIX ETN crosses VIX Futures and you shall see the benefits of shorting. AMEX:UVXY CBOE:VIX SPCFD:SPX
Buy Gold. Buy Silver. Sell Everything Else. That is my strategy as of yesterday and I've seen 3 warning signs that corroborate my sentiment: 1) The Nasdaq always goes first. If you look back to the first selloff in February, the Nasdaq led the charge down, offering the first warning sign to all market participants paying close attention that a broader selloff...
Throughout the myriad of cryptocurrencies and ideas within the domain, this one stands out for a few reasons. Firstly, it is one of the very few bullish coins that has not seen a major Bitcoin melt-up since inception. That means that the integrity of the base is sound and all growth from here on upward is not linked to some prior area of support or resistance....
What can I say? I just love 10-bags. Yet another tech Wave III. melt-up, take advantage because Wave IV.'s suck. NYSE:SNAP
Let it begin. AMEX:UVXY CBOE:VIX
How original is this? How much do I care? This stock is insane. I've never seen tape move so violently in an overbought state. It's the most bullish financial instrument that I've ever seen when trending. Right now, the chart is positioned in such a way that the next move up could be unprecedented in terms of dollar/share appreciation. Assuming a great earnings...
I think the answer is both. The correlation-coefficient suggests that weak readings between the two metals during clear simultaneous uptrends signal continued strength for both metals. Thus, my strategy is to buy physical bars of each metal, at a one-to-one ratio. The two metals serve different purposes, but they are continuously increasing in value because their...
Do it, don't do it, not my problem. It's just my piggish way to report all bags when I see them. NYSE:BLK
Correction is needed and now's a perfect time. CURRENCYCOM:US100 NASDAQ:NDX NASDAQ:IXIC
UnitedHealth appears to be the best in class in a sector that has been somewhat overlooked in recent weeks. The trend is strong, the wave counts are clear, and the buy zone is tight because there is an impending breakout coming shortly. The zig-zag move upward indicates a sub-wave diagonal 1, which has historically given way to powerful future breakouts after...