AI recognized this bearish wedge. We didn't see anyone talk about this: So, we call it vampire bear wedge. Will it claim bulls' souls? (For a higher-timeframe idea, see RELATED IDEAS.)
After the IPCC's recent report showing that the North Atlantic Current may be on its last legs, I decided that I needed to diversify away from the US and Europe a bit. (If the North Atlantic Current fails, it would cause massive, disruptive climate change for Europe and North America.) So I committed to look for opportunities in some country ETFs. The one I've...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ A bitcoin exchange-traded fund (ETF) based on futures looks increasingly likely to be approved by the U.S Securities and Exchange Commission this month, pushing the market...
Yesterday, without a doubt, can be written into the asset of the supporters of risky assets. The stock market was growing, cryptocurrencies were growing, commodity markets were growing. The successful start of the reporting season was named as the reason. Indeed, banks are beating analysts' profit forecasts with one left hand. But few people think about the true...
Based on yesterday's data on the US inflation and the texts of the minutes of the last FOMC meeting, the decline in the dollar and the growth of the US stock market seem illogical and rather strange. On the other hand, this is a great reason to buy the dollar cheaper and sell it on the stock market for a higher price. Consumer inflation in the United States (the...
Hello everyone. Due to the crackdown on the tech sector, Chinese tech stocks like BABA has been abandoned by investors for long-time waiting and big losses( 56% drop from Oct high created last yea r). Recently, BABA started to get my attention with reasons below: 1. abcd completion with a continuation measured move failure indicated that sellers might be...
All Prices Rise, Republicans Threaten, and Dimon Is Perplexed The current energy crisis is a clear illustration of how everything bad that can happen happens almost simultaneously. Judge for yourself, this whole crisis began with the fact that the level of gas reserves in Europe was below the 5-year average. It would seem unpleasant, but tolerable. And then 33...
Last week's Senate vote on US government debt ceilings boosted the mood in financial markets. In principle, today one more injection of positive from the House of Representatives is not ruled out (we must also vote on this). But what's next? And then you have to look around. And around now everything is not very good. Evergrande skipped the third round of bond...
Last week, financial markets focused on the same events: a potential US default, the energy crisis and the future of US monetary policy. It is impossible to say that at the end of the week one of these stones was removed from the soul, but the markets still received some reasons to calm down. We are talking about voting in the Senate for an increase in the...
Gold is currently consolidating and has been for the last couple of weeks. We saw gold strengthen today as the NFE figures were published which weakened the dollar. Next week will be the deciding factor for the direction of gold.
Yesterday the markets continued to be optimistic about the future, because one of the key fears - the US default is still delayed in time. We are talking about what, in general, the Republicans announced on Wednesday - the powers of the US Treasury Department on borrowing have been extended until early December (the Senate has already voted to increase the public...
At first, yesterday was in line with basic trends. In a panic, we bought up any assets with the prefix energy. The peak of hysteria was observed in Britain, where natural gas prices grew by almost 40% during the day. But as usual with moments of hysterical growth, they stop almost instantly and for no apparent reason. As a result, oil and gas prices formed...
Despite a slight increase in optimism on the US stock market yesterday, there is little reason for joy. From China, the news is not that worse, but not encouraging. Evergande seems to be sold in pieces and clearly not at book value. So not all creditors and shareholders will get theirs. Meanwhile, another Chinese developer, Fantasia Holdings, failed to pay $ 206...
Hello Forex traders. The recent surge of the US 10Y yield really give the dollar index a push. We can clearly see the rising dollar index weights on gold, stock index as well as other currencies. On the EURUSD daily chart, I'm watching how the zone of 1.661-1.673 will work as a defend holder. Two possible routes are marked on the chart: 1. Route 1: The...
World stock markets started the week on a minor note. The sell-off took place across the entire spectrum of the US stock market and spread to the rest of the world: Japan's Nikkei 225 fell more than 3%, while South Korean Kospi lost 2.16%. We have already written about the reasons for what is happening more than once last week (the energy crisis, the change in...
Last week, as well as September as a whole, turned out to be very disastrous for the US stock market. As a result, September justified the title of the worst month for the US stock market over the past 70 years, losing about 5%. A great many problems have accumulated and the end is not yet in sight. No sooner had the Chinese developer Evergrande missed one bond...
NIO still doing consolidation. That Sept markets swoons, chip shortages happened and Evergrande debacle is still affect it and in future too. In my opinion NIO's bull have courage to reach new height but right now circumstance are not in its favor. Suggestion for NIO is wait for some clarifications before taking any step. Previous Analysis. If you agree...