Following on my previous bullish outlooks on the United Arab Emirates and Saudi index's I figured why not examine what's going on in other parts of the region. And lo behold Qatar also appears to be a major bullish stance. You can see the positive market structure and also a potential rising wedge in formation. Let's keep an eye on this index over the coming years.
FED did that. And it was not elaborate lie. They made money on it. What is next ?
#MMT Told you that QE is not inflationary. It is simply "Reserves in the banking system". Then they told you "In an #MMT world...." Unfortunately, the self-evident data you see in the chart completely destroys their silly little theories and models. I want to be clear, QE does not increase the public debt. However, it does change the form of money from a bond...
The classical Bitcoin theory about halvings is that they "cause" bull-markets because the supply mined gets halved, leading to a negative supply shock and therefore increasing the value per Bitcoin. This is not a surprising theory since it makes a lot of sense and has worked in the past. But, is the halving really that important for the Bitcoin price? I've...
The S&P500 has had a major bounce and rally off the lows. The bull market trend is on the near precipous of being recaptured, however it still has work to do. Much of the chop recently has left many market participants confused. If you're confused about the market it means that the market makers are doing their job well. Most ecnomic data is turning...
The signal I was waiting for to start buying bonds was whenever the Federal Reserve stopped or slowed raising interest rates. The Fed held another rate policy meeting this week and only raised the Federal Funds Rate by +.25% instead of the +.75% that had been the trend. We've gone from seeing a +.50% hike in Dec, to +.25% in Jan to +.25% this week after 4 prior...
This 2 charts reminds me of a James Bond movie, Skyfall. There is a claim by many that, these companies are too big to fail. Oh yeah? 7th largest investment bank in the world is get steamrolled. Yesterday about 6pm Malaysia time, Credit Suisse ($CSGN) got halted due to excessive selling. Robert Kiyosaki predicts this bank will be next. Today, Larry Fink of...
The economic calendar is wild this week so I thought it would be best to do a deep fundamental dive into the USDZAR . All the attention will be on the Federal reserve tomorrow and whether or when they will pause their rate hikes. We need to look past the hype around the interest rate and the “pivot" narrative. Focus should however be on how the markets will cope...
A clear impolse has done last August after rebounding from July bottom Seems we're near to start a new impolse from 1.08-1.11 area Let's see!
Hey all, I wanted to post a few thoughts of the somewhat educational variety. Hopefully this will help with perspective on where we've been and why I continue to see equity market weakness for the extended and foreseeable future (1-3 years maybe). So starting with this chart, this is the 10 year US Treasury yield below and the S&P 500 index above going back to...
We're probably going to bounce from here (maybe muck around for the rest of the week and bounce next week higher); I think the BOE's QE decision is going to have people hoping that perhaps the Fed will do the same. The fact that a central bank can flinch and go the other way is a huge psychological change. This is somewhat of an exogenous event to the positive, to...
Easy idea... Long against the DXY pullback... should we not get it then i'm out before stops but thinking 28-30k and or 200 day MA easy targets if it can get above trend lines. DXY could easily make another pop to around 114.40 IMO but that would be the top for me... that is my line in the sand to remain in long positions: $BTC $MARA $ARBK $BTCM $ZIM
Cup & Handle breaking while bullish bat showing decent chance to make a higher bottom than July one making sense that we're drawing a triangle >> boring period ahead
the big topic of this month and July has been RECESSION . I believe it depends all on the labour market now if we start to see increasing unemployment that could tip us into a recession. this is why I am short on the SPY because I believe this rally will fizzle out because there have been no real positive changes in the macroeconomics currently to fuel this...
I expect more downside in miners if perceived hawkishness from the fed is maintained. Soon though, they'll cave and sacrifice the dollar to do what they think will save the markets, which will lead to an explosion in precious metals. These miners will be the ultimate levered trade on the coming fed pivot so be ready to reverse to long.
I mentioned recently on twitter that I am long USDJPY. Not much to say about the dollar, other than it looks like it wants to break out to the upside. Additionally, the macroeconomic tailwinds support a bullish dollar thesis in a couple of ways: 1. The Federal Reserve has been very transparent about their intention to continue to raise interest rates through...