Are you paying attention? You better if you want to be a trader investor. Can you spot where recessions started? leave a comment below. :)
Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
Here is the real story about BRICS vs the US. BRICS Units of Money Supply 435.46 Trillion. LOL! vs US $20.67 Trillion Would you like to own BRICS Currency? Or the US $? There are 2016 X more BRICS currencies in existence vs the US. A 3rd grader could tell you the BRICS are silly as a viable option to the US $.
Bio had to be chased a bit but ultimately it did what I expected. if they don't scare you out they will wear you out. Well, they wore you out first in this case and then scared you out. :D
Walmart is the biggest retailer and the biggest employer in the US. This is a very simple setup with great risk-reward US bulls do not want to see this fail.
Global Central Bank Balance Sheet denominated in USD has broken the uptrend line down almost 16% or $5 trillion which is about 5% of Global GDP. Why does that matter to you? Because there are $5 trillion more bonds available that have been invested in the bond market which takes away from other asset classes. While global debt has skyrocketed (meaning more ...
There has been a lot of propaganda of late talking about the BRICs will replace the US or China Yuan will etc.. this is flat-out silly talk designed to influence unsuspecting people for political purposes. This chart BKF/SPY is a comparison chart BRIC and the US. However, BRIC is now BIC since Russia has been cut out by US sanctions. In my view, BIC is...
For years now TSLA has been leading the NASDAQ. A year ago this came to an end as TSLA started to underperform the NDX. TSLA is now the red-headed stepchild of NDX. While everyone only sees a big drop today, they do not realize that TSLA/NDX has cracked a major fully formed valid structure. This is far worse for the future of TSLA stock value. I usually post: ...
Usually, I do not put myself out there like this and front-run. However, I have sufficient evidence that makes me comfortable enough to make an exception this time. While I will not go into the methodology here (unfair to my subs) I will tell you that the chart is in a wave 3 up that is now head-testing the previous H&S pattern. Bulls make money Bears make money...
SPCE since November has formed a bear flag that is cracking today. Caution for bulls is in order. This is a very simple structure setup.
Business loans relative to money supply spikes during periods of recessions. As you can see the law of diminishing returns is creating lower highs, As per this chart there is no indication we are in a recession. Why? I would argue because we are still in a recession since 2020. You can't fix an insolvency problem with liquidity.
While everyone is worried about inflation, recession, the FED, Cryptos etc.. No one is realizing that we could be heading for an emerging market currency crisis as rates in the US rise and the dollar gets stronger. Read more bout it here.
Back in April 2021, I said sugar was sweet! It had a phenomenal run since. However, that has now come to an end. After breaking a rising wedge. Sugar bulls should use this recent pop to take profits and lock in the profits.
When the market is full of bulls and 7 stocks make up 25% of the SP500 you don't want to start seeing cracks in MEGA stocks. That is the problem with markets priced for perfection. I have posted several bearish structures in several MEGA stocks yet no one realizes it. AAPL GOOG TSLA And now MSFT! Pay attention not with money. :) Caution is in order.
ANF has had an amazing run as I had expected it would back when I first published the trade. Of course, I had no idea it would have performed in such a manner. However, the time has come for at least a correction if not more. Wait for a crack in the recent uptrend and take your profits. Bulls and bears make money pigs get slaughtered! CAUTION!
Inverse H&S setup in play for Gold. At the moment it is high basing. Worth keeping an eye out for a CRACK higher. Just a matter of time in my opinion.
GME SAVE THE TAPE! Back in June 2021, I warned people to GTFO out $GME when it was trading at $212 Today it trading at $20 and about to waterfall again. Despite my several follow-up warnings over the last year and a half people continue to fight me on this. SMH!
Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...