The perfect cocktail exists currently as all of the below are relevant:
Asset Bubbles - Valuations are distorted by any Metric.
Political Events - Uncertainty continues to build.
Natural Disasters - Warnings on many potential Events.
Bankruptcy - The Federal Reserve is buying JUNK.
"Conspiracy theory". Took less than 1 month to prove me right. "I LiStEn To wHaT sCiEnCe SaYs".
I know I'll always be on the right side of history, what I don't know is how long it will take.
The enemy of the people perma progressives have already ignored the will of the majority many times and said they would not let go of power and use force if necessary?
SP500 is on important Support level region, we have buying defence on this level in the past few days. Yesterdey seens to be broken on downtrend side but today is forming a huge Bear trap in this level, we are also breaking the downtrend short term resistance line. We are facing a very delicated moment in the global economy, we cant predict what...
Well referenced political news is important.
Sterling could see serious volatility next week if political pundits are correct about Theresa May being forced out of her premiership next week in relation to Brexit confusion.
Rival MPs are already jostling for position as Wednesday is the big day.
The uncertainties could send GBP pairs into high volatility...
Simple Elliott Wave demonstration of multiple extensions within Starbucks price rise over the last Quarter-century. Expecting a possible correction of 35-50%, but anything can happen. Know your Elliott Wave rules and apply them!
Since late January, the Central Bank of the Republic of Turkey has produced consistent efforts to stabilize the currency. This has produced tangible results with a upward correction although persistent political tensions. Erdogan's referendum victory is likely to be the most market-friendly option. A "No" scenario may lead to early elections and a period of...
- At the end of last week GU traded to lows of 1.32 on the brexit vote, before retracing substantially to 1.39 by the end of the day.
- GU retraced 600-700pips after the brexit event IMO solely as investors took profit from their shorts (which causes buying) - thus there was no structural reason for GU recovering e.g. it was that 1.32 had mispriced GU...