South Africa's biggest micro lender could be hurt by the dollar and global uncertainty around the world since the banks make profit from people paying back loans and putting in deposits, people deposit less when everything in the economy becomes expensive because savings lags when compared to current state of the value of money and the purchasing power people...
Trump and Hunter Biden Trials Former U.S. President Donald Trump was convicted last week on all counts of falsifying business records. Trump faces sentencing in one month’s time on July 11. Each of the 34 felony counts could result in up to four years in prison, although first-time offenders (or ex-presidents) like Trump are rarely incarcerated. Meanwhile, a...
I believe the spot ETFs are bullish for ETH long term. However, there is approximately 3 million ETH owned by Grayscale, which may be unwinded as the spot ETFs go live. I plotted the Grayscale ETH balances similar to how I plotted the spot BTC ETF balances. I forecasted that the spot BTC balances would stabilize around 300k, which I got by removing all active...
Price has managed to hold this range for the past two weeks. Therefore it can said that there has been enough time for active sellers to sell. Spot flows are bullish. The perp market is not yet overextended. It seems most probable that equilibrium is higher.
The Australian dollar continues to swing sharply this week. AUD/USD is trading at 0.6641 in the North American session, down 0.71% on the day. The downswing has wiped out the Aussie’s gains of 0.55% on Monday. Australia posted weak data earlier today, which has weighed on the Australian dollar. Corporate profits declined 2.5% q/q in the first quarter after...
Looking like a huge opportunity. Let's see if it plays out
It's been 3 months or so since the late March quarter bullish exuberance took the stock market, Ethereum (ETHUSD), Bitcoin (BTCUSD), other crypto assets to their new 52-week and all-time highs. This is now changing, while the stock market and cryptocurrency markets have stopped making new highs, despite the fact that Roaring Kitty is once again deafening everyone...
CME: E-Mini S&P 500 Options ( CME_MINI:ES1! ), E-Mini Nasdaq 100 Options ( CME_MINI:NQ1! ) Last Friday, the S&P 500 closed at 5,277.5, up 10.6% year-to-date. The Nasdaq Composite settled at 16,735.0, advancing 11.5% YTD. This year, the chances of aggressive interest rate cuts diminished rapidly amid solid employment data and cooling US inflation. However, these...
Just like that we got the buyside sitting at 38660 as mentioned in the previous idea. IF you've taken a trade along the way, don't forget to take some profits. IF you're on the sideline and want to get involved...FOLLOW the market structure and HTF liquidity Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a...
the market as gone below its intruistic value and we are now on a margin of safety, and finally this is a growth pair
In this video I go over my technical and fundamental thesis on why I think corn futures are bearish. For example, I go over good planting progress, quality ratings of corn, good weather and demand concerns from the energy side of things and even Chinese imports of corn. I also go over the technical side of things and notice technical patterns like head and...
5/17/24 - vrockstar - NASDAQ:NICE - still wrapping my hands around the asset itself (so will re-engage in the coming weeks/ or next Q on a more nuanced view). however, the key question i'm asking are a few things 1) is it growing above *real* inflation which is probably DD, at least in the terminal? "yes" is the answer - 15% and confirmed by the recent print +...
ATR shows a good space to move up. My external source reads up. There’s an impulse which shows moving up and down but keeps aiming up. Please be aware of any sudden movements.
Inventory adjustments are underway for $NASDAQ:AMZN. These adjustments are minor as Dark Pools are holding AMZN long-term, but there are other opportunities to boost ROI in younger companies. AMZN needs to provide a dividend now that it is a Dow 30 stock. The mild rotation is a gentle reminder to the Board of Directors from their most critical and important...
Taken a nice scalp long on US 30. Entry 38541 TP 38600 SL 38515 As long as we hold the FVG expect us to continue higher towards 38660 IF we fail to hold this will be an inverted FVG sending prices towards the HTF sellside (back into the yellow box) Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price...
Gold and silver are both feeling the heat today, as sellers have piled in to drive prices lower. The move has seen gold give back most of yesterday’s gains, although it continues to trade north of $2,300. It appears to be finding support at current levels ($2,320-$2,330), but should it break below here, the area around $2,300 also acted as support earlier this...
OBV green trend lines has been confirmed by OBV. For that reason they are aligned that way. The dotted arrow points to the top according to halving. Follow the white moving average which refers to price guidance. Indeed candlestick trend moved downwards as price guidance and now points to the upside Possible Target $70,378
Traced over smart money trend movements. Two circles represent hidden secret smart money double bottoms. Not revealed to the public. They must meet an algorithm. How high, for now it’s questionable. Breaking all the rules: whales break rules, so will I. Stay tuned for buying and selling updates. Once I can confirm BULL-SHARKS BUYING entry, I’ll update. I’m...