Hello Traders, Skyboxpips here! We posted an analysis for Bitcoin stating that it will most likely reject the 69k level.
Intricate dance between gold and copper prices is a tale beyond mere metals. It reflects global economic sentiments, industrial demand, geopolitical angst, and investment trends. Gazing into the crystal ball to decipher the future of the gold to copper ratio, a fascinating narrative unfolds, particularly highlighting copper's brighter prospects. Copper is...
Crude oil prices have remained lacklustre and rangebound in 2024. Slow economic growth and abundant production have kept prices muted. OPEC's efforts of supply cuts haven’t helped. Neither have geopolitical tensions. Over the past two weeks, oil prices have once more started to pick up steam, supported by trend of shrinking inventory. Despite the price buoyancy,...
Bitcoin (“BTC”) – the millennial gold - continues to outshine traditional gold. BTC prices have climbed higher after the listing of spot ETFs. A wider bull rally in the cryptocurrency markets is also underway. ETH touched its highest level since 2022. The total cryptocurrency market cap is 14% higher YTD. A diverging outlook between BTC and Gold is emerging....
Many have heard about P2P cryptocurrency arbitrage using bank cards and exchangers. With this, there are a number of problems and risks associated with blocking accounts, freezing money indefinitely or blocking accounts on the exchanges, since in order to effectively engage in this type of arbitration a trader must have not only his personal cards, but also drop...
Gold is the favoured precious metal. Its demand reflects consumer consumption of jewellery, investment demand, and monetary policy conditions. In a previous paper , Mint Finance highlighted these factors in detail. Platinum is also a precious metal, used to create jewellery and to a small extent as a form of investment. Crucially, unlike gold (6% industrial...
my entry points in sp 500 waiting for confirmations just trade with low risk beacuse this entre with high risk
On Wednesday the S&P 500 briefly broke below 4,240 to test support at the lower end of an upward-sloping trend channel that has been building since last October’s low. This took the index back to its lowest level since the early summer and had many traders expecting an extended decline. But it snapped back and in early trade on Friday the S&P had added just...
Boring is better in a recession. Fed Chair reaffirmed his steely resolve to fight inflation. In short, he wants to break the back of inflation "at any cost" to subdue it down to Fed’s target of 2%. Soft-landing is desired. But overcorrection to fend off sticky inflation could tip soft-landing into a hard one. In a recession, economic activities shrink resulting...
This chart shows the long-term ratio between SOXL/SOXS. The intent is to detect reversals between semi-conductors long and short. At the pivot high, the price of SOXL compared with SOXS is at its highest. With a retreat from the pivot high, the price of SOXL is retreating while SOXS is rising. Historically in 2022 as shown on the chart, pivots were with a...
On the daily chart- I have plotted the TLT (Long Bond Leveraged) ETF vs the TBT (Short Inverse) as a ratio. The ratio is running on a cycle between high and low. On the chart for reference is a Hull Moving Average of 20 days. A more frequency cyling could be achieved with a paid Tradingview subscription and a charting time frame of 2 or 4 hours. For...
CME: Live Cattle ( CME:LE1! ), Lean Hog ( CME:HE1! ) When I started my career in commodity futures two decades ago, I took lectures from a former trader at the CME livestock pit. Mike used his favorite trade to explain the complex concept of inter-commodity spread. Here it is: Beef and pork typically had a retail price difference of $1 per pound. For example, a...
Live cattle recently hit an all-time high, leaving us wondering if the rally has gone too far. The front month contract reached 177 on April 13, surpassing the previous record set in November 2014. Meanwhile, lean hogs have been trading lower since last year. One way to assess this trend is to look at the spread between the two livestock markets. Both the...
Gold glows as risk blows. Multiple bank failures and shotgun bank marriages are bringing back scary memories of 2008. Amid gloom, demand for gold blooms. Gold is a resilient store of wealth, offers durable portfolio diversification, exhibits lower volatility relative to equities, and serves as an inflation hedge. As described in our last paper , among the six...
Fighting innovation is a fool’s errand. Getting entangled in hype is no less. Generative AI is drawing attention. ChatGPT skyrocketed in popularity since launch last November. With its intuitive responses, it has become the fastest-growing app in history reaching one million users in five days and 100 million in two months. In contrast, Google took 12 months and...
Investment wisdom states that “the only bad time to buy real estate is later.” Every rule though, has its exceptions. Current US real estate is clearly in exception territory given recessionary fears, high mortgage rates, and dim fundamentals. Real estate sector is the largest store of wealth. It is also the source of significant job creation. Crisis in this...
CME: Pork Cutout ( CME:PRK1! ), CBOT: Corn ( CBOT:ZC1! ), Soybean Meal ( CBOT:ZM1! ) Diversification is a fundamental concept in investing. In order to minimize the chances that market volatility wipes out your entire net worth, it is important to put your money in several investments with different levels of risk and potential return. This is summarized nicely in...
you can find out more of my analysis at my blog at viper futures.