last night I published 3 analyses on 20 tickers and shared the links with my followers. (private posts)
20 out of 20 tickers behave as predicted today..!
The odds of being correct is 1 in 1,048,576..!
Banks:
BAC,WFC,JPM,C,MS,and GS
They are all down but they are near their support levels.
they could experience a rally before their earnings!
Keep your eyes on...
What is the difference between average investors and professional investors?
There are many, but the most important ones are:
1- Data analysis
2-Systematic approach
3-Strategy
4- ...etc.
This list could be very long, but what made living legends like Warren Buffet, Jim Simons, and Micheal J Burry ...etc. is data analysis and their different approach to the data...
Most people invest their money in these 3 companies, NIO, LUCID, Rivian, or all of them because they had missed the opportunity to participate in the inflationary phase of the Tesla Bubble..!
Unfortunately, now the deflationary phase of the bubble overlap, and they are coming down on the latitude mode..!
People who invested in these stocks have lost more than...
You can distinguish a bubble, participate in it take your profit out, and leave the tears to others!
Don't you believe it?
Check my previous posts on Workhorse NASDAQ:WKHS :
Oct 23, 2020:
Is the correction finished in workhorse?
Jan 6
40 -42 would be the new target!
Feb 11
What are my reasons to sell workhorse:
1-multiple attempts but could not close above...
Smart money is capital placed in the market by institutional investors, market mavens, central banks, funds, and other financial professionals.
Smart money also refers to the force that influences and moves financial markets, often led by the actions of central banks.
Smart money is invested on a much larger scale than retail investments.
But do you know why...
“In a time of deceit telling the truth is a revolutionary act.” George Orwell
Elon musk and Kim Kardashian have 72.4 million and 71 million followers on Twitter. (less than 2% difference)
You might be shocked already that people( Twitter users) are attracted to Brain (Elon's Intelligence) and ... Kim Kardashian's ... equally?!?
But this is a reality you can...
All my predictions about ARK invest in the past trading year were and are correct..!
If you look at the average weekly Volume Price it is now 30-40 times higher than the same price range in July 2020,
this will lead to full crash mode..!
SQ earning in the next 2 weeks will push it outside the channel and accelerate the down move!
You can see the most important...
In September, we are going to have 4 major events that will lead to huge volatility!
September 8:
Chair Jerome H. Powell
At the Cato Institute’s 40th Annual Monetary Conference
September 13:
Inflation rate
Core inflation
CPI
September 16:
Quadruple Witching: refers to a date on which derivatives of stock index futures, stock index options, stock options, and...
These similarities between 2 charts are just my observations:
1- The past 3 years of NASDAQ100 vs 1987-1990 for NI225:
2- The past 14 years of NASDAQ100 vs 1975-1990 for NI225:
3- The past 50 years of NASDAQ100 vs 1950-1990 for NI225:
This observation is raising the probability that we may have a long way to go to declare the market bottom..!
Best,
A comparison between the Unemployment rate and S&P500 performance shows a massive layoff era is ahead..!
Soon people will realize the meaning of what J Powell said in the Jackson hole symposium:
" There will be pain for families and businesses"
Best,
I published an analysis of 7 Semiconductor and their ETF on August 29th (for Patrons), I will share it publicly here:
8 out of 8 positions are in the profit now!
The boat has started sailing...
NASDAQ behavior is very similar to March-June 2008 when NASDAQ bounced back 23% in less than 3 months and then a 50% collapse happened!
I recognized this similarity as early as March 15, 2022:
If you think in an overheating economy like this, the market will survive Quantitative Tightening, read this post:
Margin data has a lot to say about the...
Do not forget we are talking about the most traded stock in the market in the past 30 months..!
A- Today's volume is 35% more than yesterday's,
B- Today's volume is 20% more than the last 2 weeks' average!
C- Today's volume is bigger than all trading days post FOMC except one!
D- Today's candle is bigger than all the candles after July's FOMC!
Now, you tell me...
I remember last month's forecasts of Goldman Sacks for a lower expectations Inflation rate, but the actual number was hotter than expected and also 1.5x of the average of the past 24 months..!
In 2 days, CPI data will be out (August 10), and with the current momentum, we should not expect a much lower number for July.
The consensus for the July Inflation rate is...
The S&P sectors, or Global Industry Classification Standard (GICS), organize companies based on their primary business activities.
Investors can use the sectors to isolate stocks of specific interest or to build a diversified portfolio.
The order of the 11 sectors based on size is as follows: Information Technology, Health Care, Financials, Consumer Discretionary,...
In the second half of July, DXY mean reversion lead to higher prices across the board, Stock market, crypto, and gold experienced a sharp move!
But it looks like DXY responded to EMA 50 and made a Bullish engulfing pattern, and other markets are pivoting.
In the coming days, higher DXY could drag down everything once again!
Best,
In the next 3 days, we are going to experience a frenzy..!(for ESLs like me: a state or period of uncontrolled excitement or wild behavior.)
What are the drivers for that?
Tomorrow:
1- FOMC: Interest rate decision and Jerome Powell conference.
The day after tomorrow:
2- GDP (Q2) & Job Data
www.atlantafed.org
Friday:
3- Michigan Consumer Sentiment...
