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Hey everyone, I recorded a video. My first of this kind. I breakdown the S&P 500 SPY and my thoughts on markets going into the end of the year. Let me know what you think. I make an important point at the end of the video: always do your own research. This is just me thinking out loud. I could be totally wrong or maybe I will get it right? Let's find out and...

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There are quite a few levels that still need to be taken out and one of those is the highs from 2019. The recent move has been fast and it’s been enormously impressive. But, I’ve noticed a lot of excitement and while that is good, a long-term approach is always helpful to slow down one’s thinking and process. I made this chart from the free TradingView mobile...

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I created this chart simply to ask a question: everyone thinks the US Dollar will keep dropping. That will enable gold and silver and crypto to continue its rise. But what if everyone is getting too excited too fast? Markets rarely are this easy and more often than not they surprise people to the other direction. So I made this chart to simply start a...

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I don't think many people saw this coming. The USDJPY has been trending down and continues to trend down. Obviously the biggest part of this trade is the carry trade and that ultimately drives the trading pair. Nonetheless, look at the downtrend on a longer term timeframe and the lows from 2012. Would it be so crazy that the Dollar continues to depreciate to those...

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Really, really remarkable to see this. Remember the Greek/eurozone debt crisis? That's what the big spike is. Now, here we are. Greek bonds are nearing their lowest levels ever. The only explanation is that people are seeking the safest form of assets in government bonds and Central Banks are becoming more helpful managing debt and supporting their countries. I...

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Okay as a long-term follow of Twitter I want to quickly chart the stock and write my thoughts here. Let's go: 1. There is still so much resistance to clear and it goes back to its IPO. 2. This resistance is heavy and each red circle actually shows how many people have cleared out and run at various points when the stock has tried to go higher. 3. Twitter is still...

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The earnings report was okay to me. I'm not sure I totally get the hype. I mean they did well, but nothing caught my attention and made me say - yes this is the report that send its up another 100% to a $600B valuation! I actually left the report thinking it could chop sideways for a while. But here's the thing... People have been bearish on Tesla for the...

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Snapchat is worth $36 billion and they've been burning ~$300 million a quarter for almost 15 straight quarters. It's kind of impressive at this point. I think Uber is another company that gets away with this. I would be curious to hear any and all bull cases.

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I am watching the EURUSD because it seems like an interesting pair that describes two wildly separate monetary and fiscal polices. They diverge in many ways and I don't think they share much in common. Before we get to that, let me first say congrats to those who bought this near the lows because they believed in the trade, saw the set-up or knew the Euro was...

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This is one of those stocks that I have always watched and the price action is pretty impressive. It STILL has not taken out its IPO-day highs and it's gone through years or harsh drawdowns followed by v-shaped recoveries. It is has not been an easy stock to hold for anyone long-term. With that being said, I marked some important levels such as the Volume Profile...

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I have had my eye on this company for a while. It's been making PPE for 30+ years and is arguably one of the first to the industry. They've had a long road of trying to master their craft. Some recent transformations may have finally had them turning the corner after having a record quarter. I am watching this closely for an epic breakout. I should forewarn...

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Netflix was down almost 15% after earnings. I quickly pulled up a chart to investigate. As you can see the stock was maybe "running ahead of itself." It went into earnings up 60% year-to-date. Most stocks don't return that in even a 5-year timeframe. Regardless, as you can see, the price is about to near a crucial point that marks a lot of volume and trading (the...

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Updated 

That reversal candle is... yikes! Time to watch and I've listed out some important moments on the chart. Two gaps to fill. One really important level for support. Of course it's possible neither of these will be hit, but you have to consider it and keep an eye on it. Candles like this usually happen without some more action and volatility.

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Netflix reports earnings this week and it's going to be a really important report to the entire tech and media industry. Here's why: 1. We will find out just how much business the covid lockdown brought them from people staying home and in doors 2. We will find out how they are navigating the content creation lockdown and what that means for shows in the coming...

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There's no reason to do anything in my opinion with S&P 500 futures until either of these previous highs come into play. That's all that matters. And these are easy to break through, we are going to the moon. So I am just sitting and waiting until these levels are hit and then taken out or rejected. As much as I think the market has gone too far too fast, I do...

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Markets might be rallying in Dollar terms, but when priced in gold... well it makes you think. Inflation? Currency worries? Safety? What is the big money doing buying stocks or gold? All of these questions are on the table and what I find most interesting about this chart is how severed the downtrend is. Perhaps even before the Coronavirus hit, some big...

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Square really is a great company that's made payments and business software easier for everyone. They've also made Bitcoin, crypto, and other forms of trading mainstream with the Square app. I was once an investor in this company, way back during its IPO in 2016. I held for several years and was eventually out of it. It was a great run, but because of that I...

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Just a quick chart showing Shopify's price-to-sales ratio, which is nearing 70. That means investors are paying $70 to get $1 in revenue from Shopify. I have yet to see a large cap stock of this size trade at a multiple like it. Truly amazing to see. No comment if it is overvalued or undervalued. But, it is high up on my watchlist for future volatility and I...