What's going to happen with the "Inverse Cramer" ETF? Have the markets (all of them) hit bottom for the year yet?
Forex markets are REALLY starting to move... as I have been telling people for months! This is going to create a lot of trading opportunities if traders are willing to look. Let's talk about forex, stocks, and cryptocurrencies this week...
Markets are down but learning opportunities are UP! Today I want to teach some trading patterns from recent events so that when markets do turn my viewers will be ready to capture the opportunity!
Last week's inflation print tanked the market as it priced in an interest rate increase. Let's hang out to trade and discuss the Fed decision to raise rates or keep them the same. Volatility is to be expected!
This week I celebrated the Ethereum merge with a Bitcoin BBQ (ask and I'll explain). The merge worked but did bring back the bulls. Let's look at all markets from crypto, stocks, and everything else this week prior to FOMC...
Risk markets are rebounding and I caught the bottom earlier this week (after catching the top in August). Will the rally continue?
Today's price action looks to close the Day and Week below the key level of 12400 on the Nasdaq CME_MINI:NQ1! which is the line in the sand 50% Retracement of the Summer 2022 Rally. The rally topped out mid-August (see post below). Today's intraday price action showed a potential rally to recapture the level only to turn and reverse thus confirming the level as...
I am sure that someone could point out some obscure POOPCOIN with a price of 0.00000000000001337 that has had some meteoric rise recently but among the BLUE CHIP cryptocurrencies that are well established, well capitalized, and have proven use cases Monero BITFINEX:XMRUSD continues to outperform both Bitcoin BITFINEX:XMRBTC and Ethereum BINANCE:XMRETH for...
Dry powder buys a lot more of All The Things than it did at the beginning of 2022. I love pointing out this contrarian narrative... it is in direct opposition to everything the Financial Media told us through 2021. Happy 20 Year High, United States Dollar!
Heading to the beach for the long weekend so let's talk about the market and the upcoming month TODAY! September is a statistically significant month so let's take a look...
NYSE:UPS Triggered a spike alert this morning which is happening at the 50% Retracement of the Post Earnings Rally. (see below for Daily higher timeframe context) These are the real "earnings plays" that can yield positive returns rather than trying to buy a guess on the day before. Trying to buy or sell the day before earnings is a guess but very often...
This morning I received a Spike Alert for price volatility at the open on Activision Blizzard NASDAQ:ATVI . Perhaps people are excited about Wrath of the Lich King classic being released? :D This swing trade occurs within the context of the Merger Arbitrage trade which has been going on for many months since Microsoft announced an offer of $95/share to purchase...
RESTREAM First stream did not cast to Youtube... Let's look at this week to see if the bear is back!
For certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very...
Apes getting crushed? It's been a while and at the people's request... let's do a Livestream!
Notable figures such as Michael Burry and Puru Saxena have taken opposing sides on what this rally means. I enjoy how Burry made a very hedged statement... noting that at 23% it was within average but did not imply the Nasdaq's rise itself predicted the future. Puru took a more affirmative view that this was more than a bear market rally. Today's intraday...
As a followup to my Ethereum BITFINEX:ETHUSD post yesterday Monero BITFINEX:XMRUSD is likewise confirming an Ichimoku breakout on the Daily timeframe. Monero is the third coin I watch most closely following Bitcoin and Ethereum. I believe that its use case (privacy) is one of the strongest reasons for cryptocurrency and the coin has been well established...
The momentum (Chikou/purple line) has cleared the Daily Ichimoku cloud on Ethereum following price closing above the cloud. This is the first time COINBASE:ETHUSD has becoming bullish since May 2022. The last Daily breakout hit resistance at 3500 in March. It is important that the breakout clears the current Resistance of 2230 in order for this bullish leg to...