$SPX is trending up clearly, and is ready to go even higher before starting a retracement or consolidation period for a few weeks, probably after earnings are out for all companies. I'm long a few select individual stocks, following my main investing themes for this year, and not holding direct exposure to passive funds or index or sector ETFs personally. Refer to...
This is just an idea, very speculative one at that...seeing the ample discounts in $ZEC and $XMR, I started thinking that maybe, fundamental risks and technical challenges in the $ETH roadmap, and the $BTC scaling war could benefit these two coins in particular. I'm putting them both as a highly speculative long idea here, you could accumulate gradually over time...
I'm long $GLCNF/$GLEN here. I like the outlook for Cobalt, as the EV race intensifies. Supply of this metal is constrained, and as demand surges, prices will follow, intensely. With some luck, I'm correctly calling the bottom of this pullback, which gives us a low risk to join this trend. I'm already positioned from lower levels in $VALE, and also in $BHP, and...
$BTCUSD is rallying again, the signals on chart point to a rally to 6900 to 9750 by the end of November or sooner. I'm holding BTC in my crypto account, but also trading $ETHUSD with leverage. Currently, I think we can take a few shorter term long trades with margin but we'd need a dip to present itself in the next few days. Most people have been interestingly...
Sideways action here...I'm waiting for fundamentals to evolve, the chart shows mixed signals that could develop into both a downtrend or an uptrend with equal chance...a bit leaning towards uptrend due to the long term chart, and also the poor follow through to the downside recently. Other than that, I don't yet have a good enough low risk setup here, so, I chose...
The terms Bitfinex published for the upcoming B2X fork, may have started a chain reaction that is putting pressure in all coins that are paired against $BTC, as people borrowing $BTC, will also owe $B2X tokens after the Nov. Fork. Pair this with a lack of liquidity in $BTC from people withdrawing to receive the Bitcoin gold airdrop, and you have an explosive...
I'm holding long positions in $ETH, and aiming to add once we get further confirmation of the weekly uptrend resumption. Recent events have led to a rollercoaster of emotional trading and a lot of people badly positioned. I was anticipating a sentiment reset before, as you can see in my related ideas, it was in fact needed to resume the long term uptrend in...
Litecoin is very accumulated and ready to move up. If shorts get squeezed we could see a rapid rally. Targets on chart. You heard it here first... Cheers, Ivan Labrie.
Argentinian savers, time to sell your ARS for USD once more...The bottom of the move was reached. Better be prepared. I'm taking profits from my stocks priced in pesos, and going to cash in USD for now. Best of luck, Ivan Labrie.
I'm waiting to reenter $NEO, looks like we have a good chance to rally from this level later on, after the 8th or the 13th this month, at least...possibly later on as well, but it's yet to be seen how prices align with the timing of pending fundamentals as we move forward. The picture is becoming clearer by the day for me, which is when we start having good...
This is an updated forecast chart for $SPY. The weekly chart has more nuances that might help predict the intermediate term turns and corrections, but overall, this is the path that is possible according to the long term charts. I'm long but not buying the market directly, in general, instead I focus on stock picking to try and outperform. Sentiment has been...
I think $TSLA might be about to jump, and continue the quarterly timeframe uptrend. The first target for said rally is interestingly, the same potential target we would get from the weekly trend, which will become active once we break up over the resistance. I bought here for the past two days, aiming to catch the exact bottom in the daily timeframe, after two...
$AUDUSD appears to have comp0leted a correction and is ready to resume the monthly uptrend. We're long and added here at 0.7850 for the last time, after buying at 0.7835 initially. The trend in EV adoption is driving flows here I suspect, with an increase in the price of copper, iron ore, cobalt, nickel, and other materials required for different battery types....
I think we have very good chances to see an immediate rally off the lows here. I've added my final entry to longs in gold futures today, and I will be monitoring it, and rolling over to the next contract if required, as long as we continue the monthly rally. I also have positions in $GDXJ right now. Overall, I see these as a hedge, but I'm open to ride the uptrend...
$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are...
I was looking at different index charts we can construct thanks to Tradingview, since a few days ago a client shared a few of these charts, and I liked how plotting LTC, ETH, BTC and DASH looked (multiplied by the supply, to get the market cap values). We have a clear bottom at support in this chart, and we can see that the market caps of all these coins can go up...
I have a small pilot long in $TSLA that I entered here, but my main interest is flipping short once this signal tops. I think there's a distinct chance that $TSLA breaks into new highs, triggering massuve euphoria, fertile ground for a spectacular short trade. Right now, the daily and weekly trends are up, as well as the quarterly, but, once the daily and weekly...
We had a minor drawdown recently, which is completely normal when trend trading. We primarily follow the existing long term trade, so setbacks like this can make us lose part of the account value. In previous corrections, we managed to hedge exposure or even go to cash and short, but not this time. Even despite this setback, we look to be in track to trend up very...