*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Today team purchased shares of digital mining bitcoin company Marathon...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team purchased shares of digital mining bitcoin company Marathon...
Henry Clay was a US Senator from Kentucky, the Speaker of the House of Representatives, the US Secretary of State, and a Presidential candidate in the 1800s. His legacy and nickname were “The Great Compromiser” for his involvement with the Missouri Compromise, the Compromise Tariff of 1833, and the Compromise of 1850. As Henry Clay understood, any great compromise...
I don't know. Perhaps its wishful thinking. /but/ Lets face the reality. Coronavirus pandemic is over and markets have already shown strength despite recent FED hike. If the war ceases and Russia lays down its arms with a peace tready mediated by the chinesse would be market pump galore. Most probably it would also help china dodge more sanctions imposed by the...
- Sanctions, led by the U.S. in hopes of punishing Russian aggression may NOT have the impact the U.S. is hoping for? Could they actually backfire? - Saudi Arabia rejects Biden's request for talks on increasing oil production and instead announces that they are considering accepting Yuan instead of dollars for Chinese Oil sales (per house rules, links to sources...
GBPCHF is really undecided nowadays. It has a long lasting trend to fall since the January of 2000. Now it has formed a giant triangle bottoming at around 1.18. Now the Bank of England is in a rate hiking cycle while the Swiss National Bank does not indicate a rate hike any time soon, so a strengthening of the pound is very likely. Besides that, the shockwaves of...
Oil has gotten a lift from the mid $90's back to the $100's. We were able to break through $101, and are currently ranging in the vacuum zone between $101 and $106. The Kovach OBV has picked up slightly as oil has gained momentum. It is likely that most of the geopolitical factors are priced in, so we might not see an aggressive rally back to highs, but a...
There are 81 Russian Rubles in one USD today. This is not the first time the RUB has devalued this much against the Dollar. We have an ascending triangle in the FOREXCOM:USDRUB chart that has spanned six years of price action. Once that triangle breaks upwards, we have a price target of 135. Let us keep watching this triangle to see if it will indeed break...
Today's forex news: US Dollar Falls after Hawkish Fed Announcement EUR/USD ⬆️ GBP/USD ⬆️ AUD/USD ⬆️ USD/CAD ⬇️ USD/JPY ⬆️ XAU ⬆️ WTI ⬇️ On Wednesday, the U.S. Federal Reserve raised interest rates to 2.5%, also preparing further measures to contain inflation. However, the hawkish attitude was not thorough enough to strengthen the dollar against most major...
I'm still researching, i.e. justifying my bag holding, XOM and NINE have both had good surprises for their earning reports. We'll keep an eye on the rest of the sector as they have earnings reported, but I suspect they are all going to be good surprises for a big win in the next week or two.
Supported by the news that Russia and Ukraine have held their fourth round of talks. Markets are taking a breather to retrace some of the risk-off movements that took place last week. After breaking below the key support level of 1950 dollars, gold has been gaining more bearish momentum. When looking for the next support and resistance levels, focus on the...
There is getting to be a solid case for a significant move lower between now and the end of the month. The Hang Seng index broke down below March 2020 lows A Gap in SPY/SPX from Apr5th 2021 is looking to get filled, the same gap when the Overnight RR broke out. You know.. right after the prime brokers threw Archegos under the bus. Russia is still afraid...
Stocks are hanging by a thread as investors weigh a new Covid outbreak in China , and Geopolitical Tensions . The stock market in China has crashed with 2008 level severity as investors panic over the potential of new Covid lockdowns and sanctions as a consequence of support for Russia. US stocks have been hit as well, with the S&P testing relative lows at...
It's make me angry! All this situation around Ukraine. I'm from Russia and I'm not ashamed of it. Although there has come a period that it is not safe to be Russian now. And I'm worried about my kids because their mama is Russian. My husband from Germany and we live in Germany now and it is here that anti-Russian sentiments are especially strong! I always...
EUR/USD⬆️ GBP/USD⬆️ AUD/USD⬇️ USD/CAD⬆️ XAU⬇️ WTI⬇️ Market players tried to be optimistic about a diplomatic solution to the Russia-Ukraine conflict but were unable to do so. The optimistic feeling waned during the day, with Wall Street closing in the red following a high opening. According to Ukraine's negotiator Mikhail Podolyak, the latest round of peace...
The mainstreams media hype with Russia cuttoff oil will be over soon... as crude oil is properly working out head and shoulders pattern
This Chart Suggests That China Will Help Russia A negative mood in China could be reaching an extreme. Reports over the weekend are stating that Russia has asked China for military and economic assistance as its invasion of Ukraine gets bogged down. A new Sino-Russia friendship pact was formed just before Russia launched its assault, with Putin and Xi Jinping...
Price Action Broke through C leg of the ABCD pattern. Currently short and looking for a retest of D leg, which will set up a triple bottom