NYSE:SMR is approaching a potential entry point for the start of a DCA strategy for a long term hold.
SUMMARY
Wait to see where the price moves. Using a combination of RSI reaching 30 and the price falling to (with a 3 day filter) around $4 or if the price continues to fall then around $2 (another 3 day filter at this level too), begin entry with a DCA...
I'm huge ultra BULLISH on US treasuries currently, so please excuse my bias.
Not in any specific order, however here are all the factors in this thesis...
1. Interest rates have dramatically increased since Jan 2021, and the overall bond market, including treasuries, had its worst 2 years on record, going back to 1915.
2. Since Nov 2022 just after Halloween,...
"Hello everyone, I hope you are all doing well. Without further delay, let's proceed to the chart."
"The Bitcoin halving is a significant event in the cryptocurrency market, happening approximately every four years. It involves cutting the block reward for miners in half, reducing the new BTC supply by 50%. The next halving is expected in early 2024, occurring...
Hey guys! Today, we're looking at a Trade Idea in AMD, the popular semiconductor company that often plays second fiddle to Nvidia (NVDA).
Like most of our trade ideas, this post focuses on selling put options - this time, on AMD shares.
In case you're unfamiliar with options -> when you sell a put option, one of two things happens.
Either;
A.) The stock price...
following chart depicts the median home price to median family income using the FRED database. Current house price to income is at historical highs not seen since the end of WW2. The current housing market is one of the most unaffordable markets for the median house hold for the last 70 years.
Hi Traders, Investors and Speculators 📈📉
Times are tough. With forever increasing inflation comes forever increases prices of gas, food and other inescapable living expenses. Although the cost of things keeps on rising, our salaries unfortunately, do not. So today I've done something a little different, and pulled up a table on things you can do part time to...
💡 SPX 0dte Trading - Oct 26’22 3770/3775 3890/3895 Iron Condor
Credit: $85
The 1H has remained in overbought territory since last Friday and is overdue for pause/pullback.
$3,900 remains the key level on the upside and is considered our best case scenario this week. On the downside, $3,800 is now strong support. There is positive drift if SPX remains above the...
💡 SPX 0dte Trading - Oct 10’22 3575/3580 3680/3685 Iron Condor
Premium collected: $95 per contract
A key level on the downside remains $3,600 and $3,700 on the upside. We don't see a reason for participants to get overly convicted one way or the other or sell volatility until there is more clarity on inflation and ultimately the forward path of monetary policy....
BlackRock New York Municipal Income Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in the investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes. BlackRock New...
Coinbase saw a 64% drop in retail exchange income. Coinbase crypto trade announced critical misfortunes in Q2. The trade posted a deficiency of more than £1 billion while missing investigators' estimates.
- Deficiency of £4.98 per stock versus a guage deficiency of £2.65
-Income of £808.3 million versus a gauge income of £832.2 million
The US trade income...
Here are the past 7 weeks of PVI Volatility Ranges for SPX . The Ranges are computed every weekend from a myriad of data points and ratios (Index, Volatility variations, SKEW, HV, IV, etc...)
We compute the ranges on the weekend, along with our roadmap & Game Plan for the week ahead. Some of us enter their first tranche on Sunday nights or early Monday (depending...
The 10 year yield will not get to 3%. Since 1987 we have seen this downward trend in treasuries indicated by the channels on the chart.
As of today, the 2 standard deviation peak is at 2.2% and the 3 standard deviation peak is at 2.9%. In one year it will move down to 2.0% and 2.7% respectively. There's also a chance we already peaked and we don't see a 10 year...
O has been slowly grinding higher since March 2020 lows topping out at $72.55. Price action since November has been stuck in a range with the January 2022 price action sweeping above the double top highs at $70.40 level. After the sweep higher, price action appears heavy at current pricing especially since the asset has not made any meaningful retracement lower....
ERIC is gapped up this morning, got filled yesterday during the downturn at a ridiculously low bid, & was up well before market close. As you can see the daily chart is what's used, it was easy to see the turning point on volume looking for swing trade type positions. ERIC is expected to give earnings today & is expected be positive. ERIC has huge upside potential...
Are you ready to gain 2-x income with dot crypto. Because it is one of the top 10 projects in crypto world and has big chance to become top 5 in near years.
1. The bomb does not fell twice in the same place, people must forget about Covid in their psyche, so a market crash is still out of question IMO. Everybody is waiting for it after all...
2. When ALL GLOBAL liquidity is gone then they pull the rug, hard cash is-becoming trash.
3. When 2 happens then the biggest BUY THE DIP trap in history happens
4. When 3 happens...
Real personal income looks to be coiling in a descending triangle within in a bullish trend.
Maybe Q1-2 next year we see real incomes reaching a new ATH (according to this data).
Pretty clear that overall peoples income haven't gone up in years.
