MrRenev

MrRenev

As is its habit, the S&P 500 is in a channel. It is always either in a channel, a bear market, or uncertainty (after a top or bottom) Let's simply look at past examples 2013 - 2014: 2004 - 2008: You could say it stayed in this one 600 to 1000 days 2017: 1991 - 1995: 1995 - 2000: 700 to 1300 days in the channel depends where you start 1984 -...

MrRenev

There is no secret. Most traders lose and we know exactly why. They ignore all advice and persist. So they deserve to lose. The AMF (the french "regulator", not sure what they are exactly), they looked at FX & CFD brokers responsible for half the volume of active investors, between 2009 and 2012. According to them: - In any year 84% of active clients lost money...

MrRenev Updated 

The inflation trade is not over. People's lives, in particular in the US, are about to deteriorate significantly. Or rather improve, with food getting more expensive and people forced to live more simple lives, more in touch with nature. The official measures and consensus will say deteriorate. Traders positions have bottomed in the strict sense, with the price...

MrRenev Updated 

Here is my current short term portfolio. This might give the reader an idea of how a moderately diversified short term portfolio might look. I use various tools (including turbos, options...) so it's hard to say how much I have in, but I know how much of original risk I got. Which is today €500. I added my little XRP bag from earlier this year to my crypto...

MrRenev

Stocks trend. A lot. Much more than Forex. Pfizer is going parabolic while breaking all time high and $50, this could be the start of a big trend, or it might not. Let's look at a few examples starting with Pfizer. Clearly we see how with stocks we can make big multiples of our risk. Like 25R in stocks versus 10R in Forex (for example, reality is probably close...

MrRenev

Markets trend. There are impulses, and in those the price consistantly makes several higher highs and lows, or lower highs and lows in the case of a downtrend impulse, or leg. The majority that try to compete in this activity fail, and from what I have seen they either don't know the basics, or have loss phobia. Or are dense, that's also a possibility. It is...

MrRenev Updated 

Good news everyone! My broker offers GME now. The spread is 40c. And by experience I would say the GME pyramid scheme is likely to be about to fall. I would love to short this bag, but it is very volatile that is the problem. I need to compare it to some other examples. Especially since the stock market is not my core activity. Compare it to some stocks but...

MrRenev

This virtual e-commerce company with virtual profits let everyone know how many millions they lost yesterday / this night. This is what happens when bad investors refuse to cut their losses. Now here we go with "class action lawsuit" whining. And today in "I put a bunch of tech catch words together which doesn't mean anything but attract suckers" awards, I...

MrRenev Updated 

Moderna up $75 in a single day damn. $90 since I bought. Didn't buy at 346 when I posted about it but at the bottom of the pullback a bit below 400 on friday. More and more people are accepting the vaccine, and new shots are coming. And regular retail "dumb money", the one that creates bubble, has not paid attention to PFE & MRNA yet (somehow). These companies...

MrRenev Updated 

> Bear utopia: Gamestop (GME) short interest hits lowest level in years, China A50 meltdown *********************** GME, which is down 70% from its high earlier this year, has seen its short interest continue to dwindle as the share price has been ranging for 6 months, likely causing short sellers to look for other opportunities. The short interest being so low...

MrRenev Updated 

Nothing is more profitable than fear. I think Pfizer profits have doubled by Q2 and it's getting even crazier, way crazier. The whole west is throwing money at them with government and most urbanites in total fear. They don't even care how much it costs. Destroy a country? Lose 10% of GDP? They don't care, just name your price. Take AMZN for example. Went...

MrRenev

The price of NatGas has dropped on forecasts of cooler weather. That's great, that's for the short term. In the long term it could continue up, so I take advantage of the short term price drop to get an entry at a discount, and a great risk to reward. The weather is even predicted to get much hoter in 2 weeks. I see: - A parabolic trend - A pullback - A catalyst...

MrRenev

S&P ATH, Gold mega day. Here is in my opinion what investors are looking at, with some in the list being constant uncertainties (for now): Covid & unrest, and some being certainties once or twice a month (and it's all happening this week): FED speeches, GDP numbers, inflation, quarterly earnings that "all" are falling this week, simple objective (cough cough)...

MrRenev Updated 

There is a lot here so this special ed only has 3 parts and I've tried to mostly list bullet points. The west as it is declining, and just dropped below 50% of world GDP, is going through a historical turning point. There is no boiling frog anymore, hopefully the flame grows even bigger and it's finally all over soon. The faster the better, I always hated long...

MrRenev

The london area and some countries are ordering millions of body bags. They are super bearish. At the bottom. As usual. Covid is over. There were 2 deadly waves and there won't be a third. I hope I'm not offending anyone too much. I know that to big brains going against the fear narrative - which changes everyday - makes you a conspiracy theorist that believes...

MrRenev Updated 

USDZAR: first they will sell their houses and belongings (for rands) Ok well you know what I think about South Africa, what I said about it + reading between the lines + what I say about other places and the world in general. It's simple the price moves because of what people are doing it's not magical. Riots don't magically make the currency implode, it's...

MrRenev Updated 

See these economic freedom rankings? Richest countries are the free-est ones with Oil adding noise to the correlation a bit. 2021 update: The USA, which were rank 4 of economic freedom 25 years ago sank to position 21, and by the looks of it, it is not about to get any better :) Daesh and ISIS continue to piss themselves with joy and each time the USA basically...

MrRenev

Only a few days till Tesla must anounce it lost money gambling on Bitcoin, and they have a lot to sell. Since Bitcoin is a ponzi scheme it is nearly impossible to get out. Which si why Tesla has to start selling 1 week before their report, little by little. And even this crashes the price. Keeping it short, I don't want to buy until BTC capitulates, or resumes an...