FX_Professor

๐Ÿ‡บ๐Ÿ‡ธ๐ŸŒ๐Ÿ‡จ๐Ÿ‡ณ - Is the Economy of this Planet 'fit'? ๐Ÿ€๐Ÿ†™ ๐Ÿ†™ ๐Ÿ†™

Long
NYSE:PLNT   Planet Fitness, Inc
(This is the chart of a random company for purposes of illustration)


Well... I don't know guys, not sure if the World economy(economies) are healthy but here are some facts:

Fact 1:
They have been printing debt...
but that doesn't mean we have to pay for it

Fact 2:

The stock markets are HIGH...
but we might look at them next year and say they are now still low

Fact 3:
Youtube is bombarding all of us with: 'dollar is crashing' - 'markets are crashing' - 'go to the bunker with your food, your gold and your AK-47' videos
but that has been the case for the last 10 years now and nothing ever happens

Fact 4:
The world economy has 2 lungs. The US (freedom through war, rule by dollar) and the Chinese (shut up and make China big China strong China number 1)
but the Chinese sneezed and the other lung got pneumonia (covid).

Fact 5:
Almost everyone is still alive, all economies had major lockdowns, economic activity froze or turned online, the governments printed money, 50 vaccines were created in record time and we are all gradually getting out of this mess.
but we expect inflation , which is not coming at a scary size yet (you see, technology beats inflation )

Fact 6:
ALL the data is GREAT at the moment.
Jobs? GREAT! Sales? GREAT!
America? GREAT! Australia? GREAT!
Ze Germans? SHTABIL! GREAT!
Ze Russians? HARASHO NORMALINA! GREAT!
โœจThe Chinese??? well, read belowโœจ

Fact 7๐Ÿš€โœจโœจโœจโœจโœจ:
The Chinese are about to announce their GDP (Gross domestic product) for the Quarter. It's being announced in 6 hours from now.
The forecast is a NEVER-EVER-SEEN-BEFORE 18%+ (!!!!!!!!!!!!!!!!!!) ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ

EIGHTEEN PERCENT??? ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ๐Ÿ˜ฎ

Well, I have never seen an 18% increase ever before. Last one was 5%, normally the Chinese had an average of about:
6,2% in 2019
6,7 in 2018
and in the best years they had around 10,7% in 2007

IF THEY EVEN COME CLOSE TO THE FORECAST TONIGHT, THEN WE COULD BE LOOKING AT A VERY GREEN FRIDAY TOMORROW AND A VERY PROMISING NEXT QUARTER FOR INDICES AND CRYPTOS ALIKE.
Why? Because it's a small tiny world we live in and if China is going well it's great news for everyone else too.

To me, it looks like a scenario where I need to Buy, not to Sell or panic... but I am not always right and I can give you no advise. I am just sharing how I think and what i do... i am BUYING!!


One Love,

the FXPROFESSOR

PS. will everything crash eventually? Yes, maybe but not now, not this year, not before they dare increasing any interest rates. An even if it all crashes we are holding the answer in our crypto-wallets.
PS2. Not on cryptos yet? Maybe buy TONIGHT!

๐ŸŒ Telegram https://t.me/fxprofessor88 ๐Ÿ’Ž
โœด๏ธ Signals and automated alerts: https://t.me/FXPROFESSOR_bot ๐Ÿ˜บ
๐Ÿ’ฏBitget extra 50$ bonus: https://partner.bitget.com/bg/baAzYb
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.