Surprisingly enough this company is stellar when you look at the financials. Its Cash Cycle is under 30 days with absolutely NO ACCOUNTS RECIEVABLE!!! its been growing its revenue around 10% each year, management has been buying back shares to increase shareholder equity, its dividends are squat :( , but they are gunning for Five and Below/ FIVE s market by...
The British pound has recorded considerable losses on Wednesday and fallen below the 1.38 line. Currently, GDP/USD is trading at 1.3775, down 0.63% on the day.
The UK released a mixed employment report earlier on Tuesday. In February, claims jumped to 86.6 thousand, compared to the forecast of 9.0 thousand. This was the highest claim count since July. The...
Yesterday JPowell was very dovish. In summary, it's clear that the FED will use every tool necessary to achieve full employment.
This implies that he'll let inflation run hot above 2% for a while. The recent rise in the US 10 YR yield indicates inflation is coming. However, JPowell said that he won't use tools to raise rates to follow the yield curve yet but...
One must admit it is remarkable where the unemployment level was pre-covid. There would have been a considerable melt up within the market at peak employment like that.
It is a trying state of affairs as the unemployment rate is viciously targeting various sectors relentlessly.
Yet another great prediction. If you've read our analysis yesterday and traded it accordingly, we congratulate you for great profits. As we predicted, the price had an initial push lower to closed the gap, which correlated with past VPOC. This was the level which had double significance for buyers who stepped in to take the price to 12 882 and even broke out this...
Stock market - Against all odds, S&P index has risen almost 32% since hitting a low for the year on March 23. The fact that it happened after a ferocious plunge of 35% between Feb. 20 and March 23, the most devastating sell-off since the great depression, made the feat even more remarkable.
As a matter of fact, the market posted its best quarter since 1998,...
BTCUSD in a falling wedge channel pattern. Will it make one more attempt to burst up to $10K? or fall out of the channel and keep falling... a lot depends on stock markets also. Were on the verge of bad Q2 results, Virus issues arising again... what will happen next? we wait and see what happens, Limbo continues...
After the news for AUD's unemployment and employment, we are looking for a buy on GBPAUD. An uptrend is forming well on the four hour chart, as well with the one hour chart.
TP: 1.833+
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and...
at breakout of 1.45 level (previous local high and cluster of volumes).
Good setup on daily from Macd and Rsi. Downside momentum is dissipating
TP1 1.50 (rr 3x)
TP2 1.53 (rr 5x)
SL 1.44
same as for eurusd holds (won't act until 14.30 unemployment results)
A paradigm shift followed the "It's time" chart more rigidly than even I expected. Apologetically we can give the official ✅ for those following the example of dogmatism from @ridethepig and can see clearly how far we have come:
"It's Time"
📌 It can be said that the opening knee-jerk reaction ...
As the figure shows there is a clear negative correlation between U.S. unemployment and the S&P 500. Currently, we are seeing extreme highs in unemployment and the recovery will certainly take some time.
To see more reasoning for a short position, please look at my previous post on the S&P 500 (Witnessing a bubble created by people's unrealistic expectations)
...
Here you will clearly see the highest Unemployement rate ever recorded in the US. This chart only goes back so far, but if you could go back further you would see that it is definetly the highest rate ever.
Unbelievable.
Overview: There is an ADP Non-Farm Employment Change report tomorrow at 5:15am PST which is expected to have a high impact on the US Dollar. We all know how unemployment has been recently - the worst the world has seen since the Great Depression. We are also entering the extremes of the range on the Euro and US Dollar, providing a high probability opportunity for...
Of course we can reverse sooner, as I predicted previously, but this is what makes the most sense today and falls in line with some old charts...
Let us assume that the money printing is the rising tide. If the market goes up on average this week and or at least follows the rules for a TD9 printing, we will have a potential reversal on that indicator (not a big...
Following the attention that my recent Dow Jones/ S&P500 ideas got (you can find both at the bottom of this study) in relation to a potential market crash, I thought it would be a good time to look look at how the stock markets (S&P on this particular study) went by in times of sharp increase on the Unemployment Rate.
** Before we start, please support this idea...
