An AI index, comprised of: Shown in Blue Google Microsoft NVIDIA C3.AI Nasdaq Shown in Orange We see that they have broken away from the returns offered by the Nazzy Tech Index Bottom of the Graph: Spread between the above defined AI index and the Nazzy. Has reached its All Time High.. Traders would have earned an additional 20+% by...
Thoughts on the yield curve ? Shall we stabilize from here (uninvert?) Shy is the two year rising away from the other treasuries in the face of a slowing economy?
Unemployment bad. Nazzy not happy. When Nazzy not happy, nobody happy. Unless You shorty. Directional is bearish on multiple TF ADX confirms sentiment 310/315 credit call spreads was the tool 4/28 expiry
Recent XRP gains against bitcoin… signs of ripple strength Chart Overlaid with: - daily pivot levels - Fibonacci extension - MA 50,200 Daily Timeframe See my earlier post for XRP analysis
What's up Traders, The Fundamentals of Ripple: I'm not going to bore you with the business and use-case for 'Ripple' and their token (XRP) . You can easily DYOR and form your own Opinions on the matter. In short: Ripple and XRP are currently being consulted with and used by a number of large United States and International Banks. The Chart...
One thing is certain, market uncertainty is here to stay. A bet to the contrary, IMHO, is a huge longshot. Ukraine, Russia, China, Mid East, United States and Europe are all in .... re-arrangement ... Yield Curve has again shown signs of 'flattening . inverting'. What happens when the markets are uncertain? Investors are willing to pay more money for...
Whats up Traders I would like to see an SPX pull back, over the next month (or two) back in to the low 400's. I think this would be a healthy pull back. I also think the technicals indicators are pointing to it . . . as shown and explained on the chart. If you have questions, post them below! Remember - Bet with your head, Not over it. - Nix
Steel demand is insane Steel supply has been caught flat footed I expect USS X to trend up quickly towards 35 Depending on timing and other market conditions ... I also expect this market to drop like a hammer if the economy takes a turndown
Whats up Traders - Made a nice trade on Lyft last week . . Following up on it this week with a swing trade. We're looking at Lyft Puts - $30 - 7/24 Theyre currently trading at about .80c giving us a solid 2.5x RR for the trade. Seeing a break in the uptrend and expecting us to re-test lows. I doubt we will hold this option full term, but i am prepared...
Whats up Traders, - Red Rectangles are prior 'gaps' that may fill . . - We hit our first target box - Price Action shot back up to the 61.8 line of the retracement down move ..it will be important to see how we react at this level . . . We expect: -Price to get rejected here and continue the downward move - Complete gap fill at the first box - Target Green...
Whats up traders, I think there is a 5-10% downside potential in gold over the next week or two. The Technical's: Divergence between the volume and price action 50/200 period cross over (theyre now intermingling) Head and shoulders pattern The Fundamentals and Gut: I like gold longer term here, but, for the short / swing term, i see a pull back...
Hoping for an INVERSE move to Last Wednesday, April 1. Wednesday Move Description: Big Down Move, followed by about 1.5% give back . . . with a continuation downward. If this plays out. . . . we'll hit the yellow circle within a few hours of trading, and it is exactly where I will enter long Good Luck Traders.
Whats up Traders - I entered an oil short an hour or so ago.I do believe the purple channel / trend line will break and we will head towards the pink box. Good luck. . Set your TP's and SL's dont be a dolt. I use DWT for this position, but there are plenty of less leveraged tools out there.
Whats up Traders Im setting up a gold trade, using NUGT . . Buy Stops Using the Bulkhead Method to catch the wave (more buys as price goes higher) 25% position purchases across 4 buy stops above the bull flag....is my method here Set a tight Trailing Stop for the entered positions, up to 5-6% Target Box Shown as Pink Rectangle. I like Gold Sentiment, I like...
Whats up Traders - Publishing another scalp here. I show the SL and TP on the chart. Looks like another step down for OIL is coming. Im Using Leveraged ETFS (LETFs) to get access to this price movement. There are a whole host of them including DWT, DRIP, SCO, DTO
Going out on a limb, and this is admittedly a tricky play . . . j Tight Stop Losses and Quick Take Profits are going to be key. Im targeting a price spike as shown by the red box, resultant of a successful vote in senate at noon. Im setting Stop Losses towards the bottom of the trend channel . . I have a 'BulkHead' buy method in place, with more purchases...
Whats up Traders You can draw this a lot of ways, with a little of shapes. . . but Bottom Line - US Dollar is on the rise . GeoPolitical Reasons primarily. Pre Economic Slow Down and Pandemic, the Aussie Dollar was being gutted. Post Economic Slow Down and Pandemic, I expect it will continue. Target the high .40's This is one of those Asymetric risk...
Just another prophecy. I have a few lines of speculation on the chart here...Ultimately, Im very confident we continue down into the weekend. Good luck. Remember - Nobody knows for sure what the market is going to actually do!! -Nixx