Ethereum has been straight running lately, and we have wonderful fundamentals underway with the heavily anticipated upgrade coming very soon. It is worth advising that there is clearly risk of a "sell the rumor, buy the news" event taking place that upon realizing the upgrade we will see those that had accumulated risk off into further strength. While this is a...
Hey TradingView Traders, Investors and buddies! I hope this idea comes at you having found yourself having a blessed weekend and a wonderful day! Let’s dive in together as the two guerillas of ‘new money’ wage some ideological war throughout the publication below. The term "Flippening" refers to the hypothetical moment of Ethereum (ETH) overtaking Bitcoin...
Hey Friends, Chainlink has been seeing great gains, and the volume really followed through in the crypto crash last week. We can see the EMA ribbon has now flipped with price above the ribbon, and as usual we should see a test of support around the $30 price range before we attempt to locate our new resistance level. Personally I am in LINK for the long haul. ...
Space Aliens and Lockheed Martin Within this brief essay on Lockheed Martin we are going to discuss technicals and fundamentals. Fundamentals: F-35 Concerns. For months the press has been all over Lockheed for many technical issues with the F-35, and policy makers have been hitting on the cost of the F-35. (Citation) www.defensenews.com Here is a quote...
A death cross occurs when the 50-day moving average crosses below the 200-day moving average. In addition we can observe the weekly EMA ribbon directly on support: Occasionally this is a setup, but if price falls below the ema ribbon that is considered very bearish - particularly on a weekly time frame. Additional Clarity offered on the death cross...
There is a macro narrative underway that is wildly bullish for Home Depot. The fuse being lit here under a MASSIVE bull run evident within the latest WSJ article. Get ready for a flood of improvements and investments in homes. Keep in mind how cash flush consumers are, and how pent up they have been in their homes. The WSJ certainly made the case when they...
Still think the fundamentals for bitcoin are incredibly bullish: Miners: Outflows - Bearish Miners still depositing to exchanges - Bearish BTC Whales: Reserves Increasing - Bullish Transferring BTC off exchanges - Bullish Institutions: Still a narrative of corporations acquiring BTC in leu of traditional treasury assets - like treasuries ...
Short content here. Chart to the left displays pivot points, and chart to the right displays ema ribbon. Nice confirmation on the 4hr & daily, and I think it is appropriate to go risk on again in equities. I think an equity bubble is pumping up, but I anticipate it continuing on for a few more months. We will be inundated with more inflation woes. M2*V=...
-- Warning -- Big post inbound! The most important piece I ever wrote. -- Warning -- Paradigm shifts may occur in reading this piece. Please know it comes from a sincere heart, and even if I am wrong - just know it comes from a place that deeply cares and loves you dear reader. This content has nothing to do with Technical Analysis or Fundamental Analysis ....
Dear friends, let me introduce to you my favorite crypto project of all. This automated market maker initiative is literally making the world a better place. My all time favorite crypto project happens to be an Ethereum token (compatible with Ethereum wallets) that is a governance token of the Maker System. The Maker system behaves as a market maker and...
Longed Apple today with a small position. So let's explore the fundamentals on why: Market Cap 2,173 Billion (or 2.17 Trillion) Income 63.9 Billion 147,000 Employees (too big to fail) ;) P/E 35.07 (Practically a value play when considering many of the absurd P/E valuations) ;) Short Float 0.55% Dividend 0.6% P/S 7.39 P/FCF 32.90 (impressive cash...
I must say I adore Chief Executive Officer Michael Saylor and think he is brilliant and a wonderful communicator. We all know the drill- they have taken out a $650m & a $950m loan at rates under .01% and have been buying bitcoin since sub $12k and then using the capital to pump it up. Which in turn continues to pump-up their own underlying assets which are...
Oil has risen strongly above the $60 level. The price action has been very bullish with closes near the highs of the day. I believe the reasons for this is anticipation of demand rising again as nations opens back up and vaccines are distributed again, followed by stimulus being distributed. The market is pricing in Texas production cuts as this will curtail...
Feeling late to the crypto party? Please friends keep in mind that less than 0.5% of the planet are long Bitcoin yet. As I have said, even on the terms of thinking generationally, we are still in the genesis. As Lord Elon Musk himself stated recently, "There is a good chance crypto, is the future currency of earth." My take as has been consistent through this...
Great value here in a hot market: P/E 30 Forward P/Q 24.4 P/FCF 49.4 Debt/Eq 0.66 Quick Ratio 2.9 Company Information Market Cap 194B Income 6.3B Dividend 0.18% Employees 75,000 Earnings EPS this Y 22% EPS Past 5Y 14% Sales Q/Q +35.9% Equity Insiders Own 0.1% Insider Transactions -21.9% (Last 3 months) Institutions Own 91.6% ...
UPS is a terrific company that provides a valuable service. Currently the P/E ratio is very high, and with current earnings it is tough to justify this in a portfolio as an aggressive strategy. With that said, as outlined within the chart - if price offers confirmation off S1 we will find a nice entry to target the top of the wedge following that. Keep in mind...
Hey all you brilliant fellow trading degenerates, have I got some news for you! On February 5th 2021 Fabian Schär published an academic paper right on the federal reserves website that is imperative to read. This has to be one of the top academic papers I have read on ETH/DeFi yet hitting on opportunities and weaknesses that are fleshed out remarkably well. I...
1.6 Trillion dollar company here. Amazon is a near and dear company to my heart. Not only do I use their services regularly I find they deliver an exceptional client experience and have been doing that consistently for a long time. I wish nothing but good things for Bezos and his new venture and hope he finds great success being more hands on with blue...