MACD speaks for itself. I'm actually a little nervous. I'm not trading, just announcing something worrisome I noticed. That's why I put Neutral.
Before dot.com bubble MACD didn't crossed below signal line for 67 Months. Today we are at 26 Months. What do you think can we go further? P.S. This is logarithmic chart.
ETFs are by far the most popular form of investment, regardless of whether you are a parent saving up for your child's college or you're a multi-millionaire/billionaire banker, a good portion of your investments will be in exchange traded funds, regardless of whether that fund is for commodities, industries or indexes. Since their first implementation in the...
Short on Tesla so long as we stay below the yellow trend line not sure if it is ready to continue upwards without another retest at 1000 and perhaps a break here could lead back down to 900. Tesla is a mixed bag. Increasing EBIDTA looks good. Decreasing debt looks good. Debt to Equity ratio decreasing. Solid company. But the P/B and P/E ratios are high indicating...
I'll be the first person to call myself a Bitcoin bull. I have been daily cost averaging Bitcoin as an investment for a while now, but I am also realistic about the asset and know that no amount of hopium can make what I want happen unless the market wills it to be so. So, with that preface, I give you my projection for the next year. As with all long timeframe...
Look at a weekly perspective, whales are not trying to buy at this prices, they are trying to sell the crypto they posses. Always the crypto crashes are fast and then it consolidates for at least 6 to 8 months. We are gonna see a lot of bull traps to make us think it will go to the moon. 30K. First take profit for short. And if we have the oportunity to buy at...
As the majority of the investment community is aware, low cost index funds such as the iShares CSPX are a great way of investing your money in such a way that it will beat inflation and any other factors that will reduce the overall value of your money. Warren Buffett (CEO of Berkshire Hathaway) is notorious for recommending low cost index funds to those who are...
You just have to look at the indicators to know that there are important divergences, we are talking about time in weeks, in addition to the extreme euphoria that is right now in the markets, it may continue to rise, but you know, if something bad can happen, it will happen , Murphy's law. if someone hate ill love it , ill love u. Obviusly in 10 years it will be...
Can't wait to look back at these charts about 4 years from now and see where crypto is at. I believe anywhere in the low to mid 50k's a good buy on BTC if you're looking for a move up to 85-100k next.
XPEV looks like it's firing its way up to 56$/share. 45$ is support if ever given, hit the bid.
The greedy pigs (that sounds so violent lol) might be very close to coming back. Pig is what are called greedy gambling type "investors" that join at the top of bubbles, not my word. "Bulls make money, bears make money, pigs get slaughtered", an old Wall Street saying. I recently saw a man talking to a homeowner outside not too far, asking him if he knows someone...
If you consider inflation adjusted, Japan's stock market loss of purchasing power has to be much greater than 80% from the peak of 1989 with all the currency creation they have embarked on. Could this happen to the US next? Possibly.
An online survey of 1,338 Americans by Money Magazine in 1999 found that nearly one-tenth of dot-com investors had at least 85% of their money in internet stocks. Everyone, everywhere was daytrading dot-com stocks in late 1999. According to the Intelligent Investor, what many people feared was bumping into somebody at a barbecue who was getting even richer even...
The SPX has broken above the major uptrend resistance zone formed since the financial crisis. This means SPX is performing way above the 10 year trend and likely highly overvalued. The lack of sellers and the break above resistance is evidence that we've entered a bubble paradigm. Be careful. Don't sell, don't buy, wait.
A quick elliott wave to see where we at. Shiba Inu and all the dogshit coins appear as a bull trap and temporarily it is, but the new ATH will be reached in 2022. However, what comes next will be the real bulltrap and after that it will only be blood, sweat and tears.
$TSLA Trading inside these channels since May, the daily trend points to a reversal to the 20EMA that could go all the way to the 50 EMA. Stock RSI : Oversold PT: Below $800 Earnings on Oct 21 could blow up the entire setup if investors react optimistically.
NO VOLUME and making new highs, BEARISH DIVERGENCE, as you know APPLE is one of the major stocks for the US economy, I can see that right now theres is a big bubble around american tech companies, (google, amazon, facebook, etc) So in the next coming years we MIGHT see a huge crash in american stocks, and by consequence in US economy. And Im not sure about this...
See great long trade setup coming - read previous post.