The 2021 Christmas sales continue ... Fear of the new Omicron variant, inflation, tapering ... it seems that everything goes against the Christmas rally in this troubled 2021. What is the reaction of a rational and cold investor? The answer is one and only one, buy, as far as I'm concerned. I take for example Airbnb (ABNB), a company on which, whoever follows...
Quite the panic as of late, fear rising in the markets. Take a second to zoom out. Let's see if it holds 370$.
Today I woke up to find out that BTC was going down again. Since late November, we haven't seen a clear bullish trend. A lot of factors are related to this from my point of view. OMICRON, Black Friday, J. Powell... etc. It makes me wonder, WHAT IS GOING ON? maybe it is just another chance to buy the deep. It keeps fighting hard around the 50% FIB and the...
Stocks have attempted a meager rally, as news of the Omicron strain and Fed tightening seems to have been digested by the markets. We do have non farm payrolls data coming in at 8:30 AM EST, which is one of the biggest trading data points, so stocks are likely to hold off in anticipation of the results. This is a particularly meaningful reading, as investors...
With the news from Africa about the new COVID variant Wall Street has been selling off. CBOE:VIX is on the rise and both CME_MINI:NQ1! and CME_MINI:ES1! have been tanking. You can clearly see the strong correlation between the CME_MINI:NQ1! and BINANCE:BTCUSDT over the long term although they have their divergences. When we look at the lower timeframe...
We cautioned readers yesterday to exercise caution with stocks and this advice was warranted, as stocks have dipped further into negative territory. Global stocks have pushed lower with news of the first case of the Omicron strain of the Coronavirus was confirmed in the United States. We have broken through what appeared to be strong support at 4580, then 4564,...
At the end of the last week and after the sudden emersion of omicron coronavirus, the price of oil faced a dramatic decrease! In the beginning of this week, after a slight consolidation upward, it has fallen even more dipper than the point which was closed previous week. Right now in this position I guess that the upward correction is about to finish and in...
It doesn't matter "omicron variant" gonna get "stronger" or "weaker" than "delta variant" Or Does it matter ASP ( Average Selling Price ) Gonna "cheaper". WHat do you think one of coming world worst inflation rate will make ASP go lower?...Glove's "Economic Cycle" Gonna to run and start the engine "making money"...
We may be at the start of a market panic. ---Start Scene Part 1--- Omicron has arrived to meet "nontransitory inflation" in a romantic Italian restaurant for dinner. Darth Powell has also arrived to slay the beast of inflation. The ensuing scene might represent a scene from Tarantino's Kill Bill movie. ---CUT Scene Part 1--- In any case, I sold all my holdings...
Coronavirus fears continue to weigh on stocks. In particular, the Moderna CEO predicts less effective vaccines for the Omicron variant, and this has sent stocks back to lows despite an attempt at a rally, yesterday. We made it as high as 4668, which we have identified as a new technical level, before falling back to lows, which appear to be holding for now,...
The euro is in negative territory on Monday, giving up some of Friday's huge gains. In the North American session, EUR/USD is trading at 1.1268, down 0.36% on the day. Uncertainty led to panic in the financial markets last week, as the Omicron variant of Covid-19 was detected outside of South Africa, leading to fears that the variant could cause a massive spike...
Stocks plummeted off of renewed coronavirus panic over the Omicron variant, with 23 different spike proteins. It is currently evading all vaccines, and poses 'very high global risks' as per the WHO. This new boogeyman has permeated through the markets and we are likely to see lower levels in stocks until the risk has been priced in. Today is the Monday after...
"OOooHmn"..Micron...have caused market "panic selling!".. Will it cause further "fear sentiment" on the market? Or for the....."an excuse" to take profit before .....
The price of oil dropped 13% on Friday (26/11/21), marking the commodities worst single day in 2021. A drop in oil prices this large was last seen in January/February 2020, when WTI was making its way down to unprecedented negative per barrel territory. No one expects oil to veer this low again, but the comparison to 2020 is apt, with Coronavirus responsible for...
Hello everyone, I hope you had a relaxing weekend and you haven't panicked too much on the last flash crush. Here are my thoughts on Bitcoin and what will happen next. I tried to keep the TA as straightforward as possible. I will release a more in-depth TA soon. FOLLOW ME, SHARE, LIKE AND COMMENT
A thanksgiving not exactly calm, that of 2021, ruined by a really black Friday on the financial markets. Omicron, the name of the new variant, is frightening. We know that markets are driven by two main feelings, fear and euphoria. A nd it is my, our job, as traders, to stay away from both of these feelings, which do nothing but make us lose money and do the...
apparently too many are still wallowing in btc fomo & still believe bitcoin is heading for the 100k!!! The Omicron has an increased viral load, is more infectious. The signs that the current vaccine is not protecting is here. The stock markets might certainly dip briefly, and so might the artificially pumped crypto market! it looks dangerous in the short...
With "Omicron" latest covid19 variant..Is it time now "A Theme" for "Glove and Vaccines" stocks to "fly?" together? AT.. a "controversial" "very tiny" "Penny Stock".. with new "Glove Stocks" production lines ..."piling/stacking" up for export market?......Its stock price seem like just completing its expanding flat pattern @ Rm 0.045 for multi months bearish...