*Please note; The author is working from UTC +13 when determining the timeline of data releases.
Monday, December 06:
Factory Orders from Germany for the Month of October is the first significant piece of data for the week. The market is expecting a 0.5% decline MoM, in factory orders. The EUR may come under pressure when this data reaches the market,...
U.S. stocks finished the first week of December in the negative zone as the Dow Jones index lost 0.94% and the S&P 500 broad market index dropped by 1.22%. For the U.S. stock market the month of December is considered to be a mostly positive month. But this time we may not have “presents” from Santa at the end of the trading season. The Santa rally is now...
Reasons why BTC is still undervualed :
- Global inflation
- US Keeps printing US Dollars ( Unlimited Supply)
- Btc is the most scarcity assest ever because Btc has Limited Supply (21 Million ), (3,7 Million lost forever)
- Technology : BTC has a technical advantage over Real-world assest such as Gold
- Mass Adoption : Btc is on it's way to becoming Globally...
Idea for Macro:
- Just as the Fed shifts their narrative from "transitory" to "persistent" inflation...
- November saw crude oil with a 6 sigma move to the downside. Oil is inflation.
- Eurodollar futures curve inverted from 2024-2026.
Next CPI print will be a bewildering miss, and by January's (December) print, the deflationary fears will start to settle, but...
Barrick Gold Corporation is engaged in the exploration, mine development, production and sale of gold and copper properties. They are located in Argentina, Canada, Côte d'Ivoire, Congo, Mali, Tanzania and the United States.
Revenue TTM 11.9B
Net Income TTM 1.9B
EBITDA TTM 6.3B
EBITDA Margin TTM 53%
Debt/EBITDA TTM 0.8x
EUR/TRY skyrocketed today after Turkish President Recep Tayyip Erdogan defended the massive and continuous interest rate cuts amid double-digit inflation. He said this is part of an “economic war of independence,” rejecting calls from investors and analysts to adopt a different strategy. Turkey's short-term external debt stock rose to $124.4 billion, an increase...
This chart shows the SPX/M2 and essentially paints a picture of the SPX when accounting for inflation.
All the "gains" made in the time following the 2008 crash, after factoring inflation in, simply put price or "value" back to where it peaked.
How interesting that the 2020 crash should occur at such a pivotal TA level, forming a near perfect sweep of highs...
US month-on-month CPI data released earlier showed inflation rising to a record annualized rate, exceeding expectations. Will the Fed be forced into earlier monetary tightening, and what might that mean for commodities, currencies, and stocks? Today’s release of June’s US CPI data revealed that annualized inflation has jumped from 5.4% the previous month to 6.2%...
Gold fell on Friday to record a 2 week low and Monday it has failed to sustain any significant upward momentum. The dip has come after Gold recently hit a 9 month high. The precious metal continues to trade at levels at around PRICE
Resistance remains strong at $1848. After that bulls will target the multi-month high at $1877. This was last touched on Tuesday....
Just a quick chart to show all the new money thats being printed by central banks
we can see how the stock market is being kept alive by all this extra wealth being pushed into it, keeping it bullish, the only downside is obvious, INFLATION, massive amounts of very dangerous and harmful inflation!
Highlighted the 2008 housing market short and also the most...
Three factors are weighing in on stocks lately. We have the persistent boogeyman of the new Omicron coronavirus strain that is vaccine resistant and has been weighing on global markets all this week. Also, Fed Chair Powell has made some hawkish statements about rates and tapering in response to inflation. Finally, the OECD has voiced a gloomier outlook for the...
Another simple yet very informative chart, this time for Gold. This is a decade-wide illustration of Gold against the Consumer Price Index (CPI) for all urban consumers as measured by the Federal Reserve Economic Data (FRED). This is one of the strongest inflation readings.
The ratio shows a Giant Cup and Handle (C&H) formation that started in 1980 and was...
The Consumer Price Index for All Urban Consumers: All Items (CPIAUCSL) is a measure of the average monthly change in the price for goods and services paid by urban consumers between any two time periods. It can also represent the buying habits of urban consumers. This particular index includes roughly 88 percent of the total population, accounting for wage...
Gold has dipped further, breaking 1777 and testing 1770. This is the exact level we identified yesterday. We noted that below this, there is a vacuum zone to 1759, but several green triangles on the KRI are suggesting we are finding support. From here, we could stabilize in the 1780's, as there are several resistance levels that we have been testing for the...
I believe we are somewhere before big pump in next months. Most of peoples are bearish and scared right now, but for me is pretty clear i am still all in here and i will take the risk.
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.
