China recorded an 8% increase in n. GDP over 2020 and a staggering +18% for the first quarter of 2021.
Given l’air in the global financial markets today and the state of the Chinese, as well as the global economies, the value of CCPs growth has not been fully priced in, but it will be.
- Figures are displayed in percentage terms.
I show why the DJI (Wall Street) is still a bear market - at this time (only). Expand the chart for a better view.
There is what looks like a parallel channel heading south and two sharp ATR switches. Price moves around in the channel, breaks out and back in. Note also that what looks like a channel now, could change into some other formation. The market does as...
“There are enough trends out there, established by Covid, that just say, ‘Get long,’” CNBC’s Jim Cramer said on Monday.
The “Mad Money” host said that strength in the tech sector is likely to support the market, regardless of the election outcome.
“I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” said Cramer....
TRUMP PUMP! Gild on high watch with Trump receiving REMDISIVIR treatment and Trump reporting he is feeling better and expected to be discharged and return soon. Which means we could see green market this week. GILD is at my support zone and we have a gap up to fill at $69 If we can hold above $61.62 we could see a move back up to fill that gap. Good opportunity to...
I know we posted a long. On here. Free channel milked the long then took a short. Closed for Friday NFP.
Looking now we have potentially a short position coming up.
Trump got covid, but shared he is doing well, so reduces the chance of uncertainty which then some fundamentals point towards gold going down just like the charts.
Remember just because we post...
15% of SPY is Amazon, Microsoft, Apple
Spy is trading at 315.
15% of 315 is 47
315 - 47 = 268
Once amazon, microsoft, and apple at drop the same time , spy will DRILL harder then ever!
They are drilling it right in front of our EYES. these stocks are WAY TOO HIGH!!!
Its like the worlds rich gang are loading puts on spy before they sell of big positions on...
With the US employing a half-baked response and most communities only taking the virus seriously within the last several days, I am forecasting about 150k cases based on the current rates of 20-25% increases per day. It is important to note that this extreme blow off top could have been prevented by proper leadership in the earlier days of February, such as...
- strong social & hype fundamentals
- China trade risks already priced in
- Counter trade to Tesla failure/ meltdown
- institutional and media sentiment turning around
- direct access to massive organic growth China EV market
- intriguing stock to float, short % and borrowing rates
In today’s #marketinsightsi video recording, I talk about the rise of optimism around US-Sino trade and how it could impact #USDJPY until the two leaders meet next month.
On top of the latest #Trump related flows, the pair will be affected perhaps positively from this week's #FOMC meeting as markets are expecting the Fed to cut interest rates again!
I also picked...
Point of this idea is future reference!
Candles - DXY
Yellow - Bitcoin
Blue - SPX
Comparing cycles of BTC with regards to the dollar and stock market.
For a booming iconomic cycle we need:
1. Access of money
2. Access of optimism
3. Low risk tolerance
At end of 2017 we had SPX at ATH , tanking dollar , optimism in the...