johnmknox

johnmknox

We may be staring down a considerable downside in Starbucks’ share price — and I suspect the decline could be severe. When a genuine recession hits — not the softened, cosmetically massaged versions we've seen bandied about — discretionary spending is the first casualty. And let us be honest: a $7 small latte, regardless of its oat milk or seasonal syrup, is the...

johnmknox

Is Bitcoin forming a head and shoulders pattern before a correction, or are we in the midst of another bull flag consolidation? Personally, I lean toward the latter — that this is a classic bull flag being formed. That does not preclude us from seeing more volatility in the short term. We could very well chop sideways for the next two months or even move lower...

johnmknox

Record Production + Mild Weather = Short Natural Gas First Target $3.08 gap fill from 2nd February 2025, Second Target $2.86 gap fill from 11th November 2024. Current market data and analysis as of Tuesday, April 15, 2025, suggest that Natural Gas prices are under bearish pressure and likely to continue dropping from the current level of around $3.33. Record US...

johnmknox

Meteoric is likely to go lower and drop to 0.016 to 0.017 to gap fill from December 2022. Then we may see a significant move higher. This is not investment advice. DYOR.

johnmknox

The prospect of a recession and a catastrophic market collapse looms large. All who are alert to the state of the financial markets cannot fail to recognise that this is an inevitability, following the past few years of flagrant profligacy on the part of the Biden administration and the reckless policies of the Federal Reserve, whose incessant money printing has...

johnmknox

There is a head and shoulders topping pattern in F3 Uranium. I'm expecting a big pullback. Uranium isn't going to the moon just yet. It is more of a long-term play that may take 6 months to a few years to start doing something major.

johnmknox

I'm expecting a major pullback for Unity. This thing is still way overbought and will drop a lot further over the coming months. The Metaverse is the latest fad that hypes certain technology stocks. The technology is great but we are way early on this one. This won't become a reality for a very long time, if at all. This is the 3-D Printing hype all over again....

johnmknox Updated 

It looks like SIlver has formed a bottom and is just about to complete an inverse head and shoulders pattern. We could see a final small drop to $22.50 before a monster rally higher. I might be wrong on this. Silver is very volatile and three major banks that I am not allowed to mention for legal reasons have been manipulating the price of silver and gold....

johnmknox

The big banks will not be able to hold the floodgates much longer. They will fold and cover their shorts. At least one of them will go bust. They will be investigated for racketeering, price-fixing, and corruption by the DOJ, SEC, FCA. Silver is going to $41 nobody can stop it. It is already for some of us for physical. The price of physical including any premiums...

johnmknox

Paladin looks likely to fall back down to the support line at around $30 to $31 before continuing higher. Uranium stocks in general have moved up too far too fast and don't reflect the underlying price of the metal. We are way too early on this opportunity but that is a good thing because it will present more buying opportunities in my view. RSI and MACD indicate...