This chart bodes well for manufacturing, and real estate, equities and commodities.
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One must admit it is remarkable where the unemployment level was pre-covid. There would have been a considerable melt up within the market at peak employment like that. It is a trying state of affairs as the unemployment rate is viciously targeting various sectors relentlessly.
Dollar appears to be forming a bear flag. Again - great for commodities & great for equities. Not saying you should long a particular stock or commodity just because of this - but there are major ramifications for a weak dollar. Imports get more expensive & exports get cheaper. If you are short the dollar, and that double bottom gets retested & breaks (which...
This is the second half of the deliverable on fundamentals. It covers content you don't normally learn about in the retail trading loserverse, stuff that is often paywalled behind shill "courses" or dismissed as unnecessary by wealth gurus. I'm here to short those paywalls with my appropriately priced FREE knowledge. Take everything in stride, this business...
Blue Line is the Fed Funds Rate. Rates typically will rise when the fed needs to curb inflation. Inflation here would essentially be a chart darting up 44% within the TF of 1976-1980. Essentially a $1 greenback in 1976 had the purchasing power of $1.45 in 1980. While gold futures rose over 500% within this TF. With rates depressed right now I do think that is...
Simple setup. Long gold.
US Dollar will become weaker the longer the Economic crisis continues to go on. The FED printed around $4 Trillion dollars in April now that the rumors are that their will be another stimulus package are possibly 1-2 Trillion dollars, their should be expected weakness in the dollar.
GBPCAD H4 - Rejected the breakthrough and retest yesterday, CAD data pulling ***CAD pairs downside after a bit of a delayed response. However, looking to find support again on that 1.68 handle for possibly buys early next week.
With most of the economies around the world returning to their pre-Covid19 capacity, it only makes sense that the demand for Oil will increase. The US government has also been rumored to be thinking about giving Americans a $4000 vacation tax credit to help boost the tourism industry.
Hi traders, Here's a quick overview of the main reasons why the S&P500 could enter a one-way street in the coming months. Any comments are appreciated. Thanks. 1. The index is less than 5% away from record highs, yet US unemployment rates are sky-rocketing, the country has officially entered a recession, and other regions will likely follow. Global growth...
M2 includes a broader set of financial assets held principally by households. M2 consists of M1 plus: (1) savings deposits (which include money market deposit accounts, or MMDAs); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market mutual funds (MMMFs). Seasonally adjusted M2 is computed by...
"Defund the police" millions say. "Defund the government" 3 and a half people say. Free stuff for everybody! A republican congress might veto the budget but it will still end up huge, just not as huge. A family or a business, when they are broke or out of money, they will reduce spending, they will only buy essentials. The government does the opposite. The...
We are about to witness a creepy sell off on stocks and derivatives, economy is going on a free fall globally talking and COVID-19 has not created this, COVID-19 was just the needle that pops the BUBBLE. 1000 trillions in derivatives will be exposed and wiped out, just saying. www.investopedia.com A NICE BOOK TITLE CAN BE NAMED ''The monster that FIAT has created''
Lmao, I did not remember this. It's from long time ago trying to understand a little bit more this bank. Maybe is something irrelevant but it could be helpful to feed the curiosity some people still have and expand their knowledge with a better research. Also if i lose this idea again for some months I'll know where to find it now. There I tried to find...
Technicals: - S&P500 broke a long term uptrend and now is seeing a rebound. a rebound was expected given the current level of volatility. I expect the price to get rejected at the long term uptrend line, but a throw-over is in the cards as it would be a perfect bull trap - support boxes are drawn out. these levels are likely contenders for a solid bottom since...
One of America’s greatest bull markets ended earlier this month. From the depths of the Great Recessions, the S&P 500 roared, generating ~400% over the last decade before falling victim to the coronavirus. However, corona isn’t the only virus eating away at the U.S economy. A deeper look at the stock market’s rise shows the symptoms have been apparent. America’s...
The Federal Reserve has announced they are emergency cutting rates to zero and launching a MASSIVE quantitative easing program to do $700 billion in asset purchases. With these news I think BTC is heading to $6000 - $6200 now (selected zone). Observing Information is just for educational purposes, never financial advice. Always do your own research.