I posted this pattern originally back in 2019 which showed the relationship between sharp drops in crude oil prices and the resulting support levels created in the stock market, as measured by the $SPX500 S&P500 Index.
Crude oil has basically gone sideways over the last 40 years when adjusted for inflation and when you factor in efficiency in that we get 22 mpg...
What I would like to reveal with these two charts, the Crude Oil market ($USDWTI) and the US Stock Market ($SPX500) using a 22-day chart (monthly) is the link between them and how we can utilize large drops in Crude Oil to help us to find support levels in the S&P500 Index. In order to help us see crude oil inflation adjusted, I divided Crude by the CPI Index. You...
I remember last month's forecasts of Goldman Sacks for a lower expectations Inflation rate, but the actual number was hotter than expected and also 1.5x of the average of the past 24 months..!
In 2 days, CPI data will be out (August 10), and with the current momentum, we should not expect a much lower number for July.
The consensus for the July Inflation rate is...
I miss the days when presidents would visit an aircraft carrier and declare their mission has been accomplished.
I guess you can say Jerome Powell has accomplished his mission by returning the S&P to its 10 year trend channel when he turned hawkish back in January.
See my Bear Case for January Analysis I posted below.
This chart is an update for one of my...
Stagflation, or recession-inflation, is an economic phenomenon marked by persistent high inflation, high unemployment, and stagnant demand in a country's economy. During a particularly severe period of economic conditions in the 1970s, rising inflation and slumping employment put a damper on economic growth in the United Kingdom and seven other major market...
And here is $DXY/CPIAUCSL hitting the ceiling. It has never had a monthly close above the 200 month MA (blue line). We are right at the boundary. Is this the high for the dollar or do we pierce the veil?
Top chart is gold price corrected for inflation with base month being the current June 2022. This means that it is only valid for June 2022.
We see that gold hit the same inflationary ceiling as 1980 and 2010. Even though the nominal price has risen, making new highs, the real value of gold against the dollar remains below technical resistance and is now...
Hello, i believe crypto and ethereum are gonna sh1tting the beds soon.
Im bearish on crypto since month´s, i would have thought that it goes down faster but nonetheless the bearish scenario is still on track.
Best shortterm case would be for eth to revisit the red curve once again altho i wouldnt bet on that and think we could see a major drop anytime soon.
As...
CPI report is being released in a few minutes and it's expected to be INFLATED...
Inflation is the Greatest Bull of All Times, something like Michael Jordan of the Chicago Bulls:
The trade we like to take at every CPI report is Bitcoin LONG:
Just remember to have some patience (buy a dip if you see it?) and most importantly: HEDGE witha short on Nasdaq...
A possible explanation behind the incoming crash, the retirement crisis. Will boomers transfer their wealth to the next generation via free market (allowing the market to rightfully correct and have the younger generation (Gen Y & Z) buy equities at low prices), or will the government (federal reserve) step in and increase the balance sheet (and thus "prevent" a...
Gold is down 17% from 2011 when adjusted for inflation . Interesting that crypto grew to about 10-20% of gold's market cap in the same time.
So I inverted the Bitcoin chart and it fills the gap like puzzle pieces.
Digital gold , inflation hedge, and software eating the world in a picture.
Gold is down 17% from 2011 when adjusted for inflation. Interesting that crypto grew to about 10-20% of gold's market cap in the same time.
So I inverted the Bitcoin chart and it fills the gap like puzzle pieces.
Digital gold, inflation hedge, and software eating the world in a picture.
Inflation adjusted Gold price compared to inflation adjusted 10Y Treasury Yields
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