is it oversold or can it get more oversold? Russia has indefinitely shut down the natural gas pipeline to Europe. Inflation in UK has hit near term record highs forcing business to changes prices and consider even reducing open time.
Will 'oversold' EWU get more oversold? Now hearing headlines of potential move of British Pound to parity. High energy costs hurting consumers and business may hurt profits for companies. WIll EWU hold or continue down trend?
price discovery in action. Crude keeps testing support.
Is playboy a bargain or is it headed to liquidity troubles? I dont know but Im curious. Apparently they own Honey Birdette, a high end lingerie chain with over 50 stores. They do a lot of branding royalty deals. They also have a new app called Centerfold that seems to compete with only fans but with playboys twist. Last earnings calls, Playboy shared that in...
Wholesale gasoline futures could be telling us that the driving demand is bad and just not there to support these high prices. War and geo politics is pushing Crude Oil prices up as well as the heating related products, but gasoline is trading on its own forces currently. With the rejection at around 4.00 a gallon, is the support here or are we destined to look...
EWW should benefit from the shift toward Latin American countries and away from China. US manufacturers may be looking to bring manufacturing closer to home with geo political risks escalating this year. Higher shipping costs make Mexico an obvious candidate to consider. However, price action in EWW etf, as well as many other equity funds, are showing that the...
Could it be that the strength in the DXY dollar index will continue until euro zone debt distress subsides and Chinese economic conditions improve? UUP DXY FX:EURUSD AMEX:GLD
comparing the higher beta, higher risk assets vs the sp500 to get a view of current price action. ARKK SMH XLY QQQ SPY XLP
Interesting too look back at previous periods and how the Earnings at those peak were valued. Also interesting to see where they bottomed and retraced back up as economic activity recovered. While buy and hold is a strategy, so is wait to buy in. $SPY $QQQ $DIA $VT
Gdp may be slowing down and therefore could be signaling high home valuations. $iyr $rez $xhb $xlre $hd $wmt $copper $lumber $mortgages
sombrero pattern detected (yes i know, sarcasm) XHB XLRE WMT IYR DIA VT XLY
Now that possible recession is on the table, Is the upside limited and possible less then the downside risk? Sp500 on average trades near 15pe and we currently above that near 20-21 pe, with rising rates and inflation risks. $SPY $SPX
SBEB splash seems to be holding and building here. will its expected sales pan out for 2022 and 2023. will this help lead it profitability? or will current high fuel and interest risks slow it down? SBEV price to sales now around 8. sales growth 144% and 44% expected.
Stocks are effecting by more than just PEs. Money supply and interested also affect stocks. See the historical relationships over time. SPY DIA GLD SLV DIA VOO VTI VT TLT BND
MMTH, The percentage of stocks over their 200 day moving average, is a useful tool for clues of the broad market technical trend. Combined with vix volatility index, which measures option premium of at the money options (implied moves), we can get confirmation of changes prices and sentiment. Vix is also called the 'fear index'. By looking at the chart made here,...
Nasdaq stocks as measured in gold are discounting quite a lot of bad potential news for the rest of the year. I have outlined possible support zones in the ndx/gold levels. Price to earning and price sales multiples are compressing so far, while some stocks have already seen significant discounts.
Will the market just stall for a decade or 2 as we work through the debt and allow the economy to catch up? at which debt to gdp and sp500 levels will the debt level be healthy? SPY GLD SPX QQQ TLT IEF DIA VTI AAPL
AMEX:DIA TVC:GOLD GLD charting the ratio of dow to gold. dow above, gold below. Look how purchasing power eroded. The dow in nominal dollars went sideways for a decade, while gold rose over 20 times. the dow went from "costing 26 ounces at one point to "costing" only ounce at the peak of golds spike.