I think we can get a retracement in the financial sector, and Europe is in worse shape than the US in general. It wouldn't surprise me to have some negative news pop out, surrounding Italy's referendum, Deutsche Bank, Italian Banks, UK banks, Brexit, etc. Quite a few potential catalysts for volatility, so, if we see this ETF break the linear regression channel...
A divergence between the volume and the value of the index indicates a lack of enthusiasm with this new top. This ocurrs just before August, which is a typically bearish month, and under the systemic risk posed by Deutsche Bank. Moreover, NYSE Margin Debt chart reached a peak some months ago (see www.advisorperspectives.com). In my opinion, there is no substantial...
DB failed to break its previous day's high on friday which leads me to believe that in the following week it should head south towards $13.8. Still don't expect major downside movement as many institutions stand by DB ready to support it and we currently sit at atl for DB. At this point you could trade DB as a "too big to fail" institution and ride the stock up to...
Caterpillar is known for being a global economic bellwether, and considering it recent stock performance you'd think economic activity is alive and well. Unfortunately, this is not the case. In fact, despite CAT "beating" its recent Q3 earnings estimates (which rely heavily on accounting gimmicks), the global mining and construction company reported that all is...
There are a lot of talks last year about close bankruptcy of DB. Some charts were published which show similar character of DB drop to Lehman fall from hights of 2008. I don't believe in it. Not reason to prepare everyone for bunkruptcy of a Great Bank for a such long time. I think that we could see something really interesting here. Anyway, be very...
Today we added a couple shorts, I'm posting the trades we currently have open but not providing entry/stop suggestions. Only trade them if you have a trading strategy, or, ask me if you're interested in learning more about the one we use (Tim West's 'Key Hidden Levels' and 'Time at mode'). We have some worrying bearish signals, so it's a good idea to have a...
I'm pretty sure 97% of people were short DB lately, and pessimistic about its outlook. I was on that bandwagon, and shorting every rally for some time, but the latest developments made me change my mind on it. I think we have a great opportunity to long the stock here, if not already in that is. I'm in with a 0.25% risk position, and will add gradually to it,...
We saw rumors of a deal that will be conclued between DB and the Doj september 30rd, pumping DB hard, bloomberg revealed it's false. Prepare to short at the opening, and anticipate a gap down. Target 9.89, can go deeper.
An idea where DB might head back down
In this chart, I'm looking at the Euro and an inverted Euro chart, to help me determine if I have a bias when trading it. Seeing the bottom chart, I feel it is a long here, specially since we're breaking out above an inside trendline. You can refer to my analysis in related ideas. I also see a short in the inverted chart, with Friday's action being quite decisive...
220X increase in price from the beginning of Cyprus Bank issues. BTC valuations are much higher today, I wouldn't count on another 220x increase, but needless to say this interesting.
The weekly chart is largely bullish, and we also count with the quarterly 'Time at mode' signal that implies that price can reach 32.316 by July 31st 2017 or sooner, after the downtrend that started on April 2013 expired. I am long, and placed a tight stop as signaled on chart. If we get this right, it's a massive home run trade, so don't miss it. If you're not...
A break below is a sell signal. Deutschebank selling momentum might push this further down.
On the 30. September or the 2. Oktober could be a possible collaps of the financial system. First to fall, I think, would be Deutsche Bank AG.
Deutsche Bank is smashed from all sides. The bank has gone from being Europe’s best in 1980s to being the worst in 2016. What went wrong? Check out Panmure Gordon’s Senior Market Commentator David Buik detail Deutsche Bank’s journey from Best to Worst - www.youtube.com Don’t trust the rebound Shares are up more than 3% at 10.85 levels. This is because...
SCAMS, THEFT, FRAUD & MONEY LAUNDERING
Gold as save haven? No expiration timeframe, no extension possible. S&P500 correlated to deutsche bank (DB) Highly correlation between them. A price of 12,00 for one stock deutsche bank is to high. take a look at this figure: in bad fincial times we seek really horrible figures... On this moment Europe and the US have more or less the same problems in...