One seemingly unassuming asset holds a tremendous sway over EVERYTHING: yield on the 10-year US Treasury bond. Often referred to as the "risk-free rate," as it rises, a domino effect is set in motion, triggering adjustments in mortgage rates, credit card interest rates, lending rates, and the valuation of growth stocks. That's why I'm saying this is the most...
Someone once told me: "always have a few limit orders, in the background, at prices you don't think you'll ever see." The point of this message is that, every once in a while, a flash crash, drop or panic does indeed hit the market. And if you have a few orders running in the background, you may get lucky. Remember, these are not 1% drop orders. These are 10%...
This Apple trendline break is textbook in so many ways. First of all, it's always interesting to see how and when trendlines work. No tools in technical analysis are perfect, and they're often used for probabilities and planning, but when they do work, it's a beautiful thing to watch. Apple, for example, since the start of the year has followed the trendline...
I've detected the "WTF Animal" is that pattern in NVIDIA. Is it a dinosaur? A dog? An elephant? Something from out of this world? The "WTF Animal" is that pattern has been around for years now, but only now am I just sharing it. The animal I see is a dinosaur, but I also see how it could be a llama or a gazelle of sorts. Perhaps I need to draw it again. I...
Like many here, I read a lot about the PGA Tour merger with LIV. There was a lot of controversy around that. In general, it's interesting to see how easily Saudi Arabia turned a huge investment in a handful of golfers into a minority stake in the the entire PGA Tour. Will they try the NBA next?! Or NFL!? It's worth thinking about. But also, this is TradingView, so...
Here's a chart and idea about the AMEX:ARKK ETF founded by Cathie Wood. Like many, this was one of the most popular ETFs in existence back in 2020 and 2021. For the last 12 months it's been in free fall. The innovation ETF! It invests in growing tech and emerging companies. In the good times, this was the ETF to have. In the slow times, when capital is more...
Few charts can explain the euphoria and panic of markets more than this chart of Zoom. We've also used Zoom at least once by now to make a voice and video call. It was the darling after the Covid lockdowns because it was leading the way for remote work. The before and after can be easily seen just by looking at the chart. It was up 900% in a brief period of...
One thing is crystal clear to me, NVIDIA has bounced incredibly well off its 2022 lows, to the tune of nearly 150%! What a trade... I missed it. In addition, check out the double bottom that I marked on the chart. In hindsight, it looks so obvious. It's important to use these long-term charts to learn and get better. Had you zoomed out, you may have seen this...
This idea is apart of the OKX ideas contest. They are giving away 13 ETH or USD $ 25,000 as well as TradingView Premium plans to people who share interesting trade ideas from the OKX: crypto feed. To enter, you only have to publish an idea like I am doing here ( Learn about the contest here ). So here's my idea: I have long liked Basic Attention Token ...
This chart shows RingCentral, Bandwidth, and Twilio. I have actually wrote about Twilio a few times because its sell-off has been especially pronounced. In some respects, Twilio is one of the poster childs of the recent bear market mania among high flying tech names. Nonetheless, not that I am a knife catcher all that much, but more-so the extent of this crash...
With all the recent bearishness in markets, the crash of regional banks, the carnage in Treasuries, I had a thought: what ever happened to FAANG? My initial impulse was that FAANG, like many other stocks, would be hit especially hard. The poster child of the epic bull run we saw several years ago - the modern tech run - the hype that caught the world's...
The chart I've created here shows yield on the US 10 Year Treasury Bond. The white line shows its percentage change over the last 12 months. The red line shows the S&P 500. It shows the S&P 500 over the last 12 months. What more needs to be said? The S&P 500 is red over the last year while the yield on bonds continues to rise. REMEMBER: with every increase in...
5% of on a 1-year US Government Bond Yield? I never thought that I would see the day. Many of us have grown up in a low rate world. Today, you buy a US Treasury bond, hold it for a year, and get 5%. That's more than most stocks yield in dividends, probably nearly double or triple the average. However, it's said that the S&P 500 averages 7% a year or so....
I am going to be making a list of the top of AI & chatbot stocks and sharing it as a public watchlist here on TradingView. Please share your top AI & Chatbot stocks in the comments below. MSFT? TWLO? Any others? I don't know anything about C3 beyond the fact that they seem to be a rather pure play AI team hoping to advance AI at the enterprise level for any and...
I continue to be fascinated by the fact that small caps once retraced their entire post-Covid move. What I mean is, the Russell 2000, which is 2,000 companies that are identified as small cap stocks, had such a terrible year in 2022 that they went BELOW were they were before Covid was ever a thing. But why is this interesting? Because roughly $5 trillion was...
The EURUSD is down 13 of the last 15 months. That is red after red after red. The bearish sentiment is about as extreme as I can remember, ever, for any currency. I usually do not trade FX and I should be clear, I do not have a position in the Euro at this moment. But I do want to write about a few things that have caught my attention. Foremost, I think it is...
Two years ago or so I was hanging with some traders around the New York Stock Exchange building in NYC. I was speaking to one trader who had been watching many SaaS & tech stocks breakout, climb higher, and higher, and while he appreciated the business models and articles he read, the move seemed to remind him of the Dotcom Bubble. One company he spoke about was...
2022 has been a really difficult year for markets. Just about everything is red. The only outperforming assets are things like oil, which was caused by a general squeeze and supply disruption. Both stocks and crypto have been performing terribly. However, if you look hard enough, you will find some interesting events. One of those is a company called Oxford...