Hi there. Beginning trader and technical analyst who received my education from TRi school of trader development. *My charts are not financial and/or trade advice and are posted for entertainment purposes.
Another day with head buried in charts. If there are any small cap, bottom hunters like me who have been in there hunting things that seem like they...
Seems like NASDAQ will start again its better performance against RUSSELL.
We touched the principal trendline and bounced, we also have a bullish divergence.
A throwback to trendline is a good opportunity to buy Nasdaq and sell Russel if you go for a relative trade.
Must wait for this ratio to turn back down.. and silver will temp to melt-up and surpass it's all time highs. Notice the upwards channel silver is in as defined by the Russel vs silver ratio acting as an oscilator.
Después desde el descanso del sector tecnológico desde navidades y el tirón de las mediana empresas y la actual sobre venta. Es probable que el sector tecnológico vuelva a las andadas y continue su rally. Teniendo en cuenta que appel, google, y netflix se encuentran en resistencias. Por el contrario las medianas empresas se encuentran muy sobrevendidas .. Veremos...
- Pension funds need 7% returns to meet liabilities
- Only things that make that returns are junk bonds wrapped in variance swaps
- Central banks buy junk bonds to keep market liquid
- Pension funds meet liabilities buy buying junk bonds from zombie corporations
- Junk zombie corps stay afloat from stimulus
- Gresham's law kicks in, bad money pushes out good...
The next 10 years are looking bleak. The fundamentals of small/midcaps has been on a long decline. Is it really that difficult to imagine a future where a handful of corporations manage all of the goods and services? Throughout the index, companies showing increasing debt, declining revenues, declining cash flows. Thoughts?
I was monitoring this ratio throughout 2019. Anyone following this could've seen that Gold was beginning to take US stocks's lunch money.
You can clearly see that US stock outperformance over Gold ended in late 2018. You can then see that a series of lower highs and lower lows were formed, and you can also see that multi-year rising trend support was violated...
In nominal terms, US stocks have gone higher and higher over the last 20 and 30 years. This is priced in US Dollars.
Priced in terms of real money, stable money, the US stock markets and the US real economic growth peaked 20 years ago.
Over the last 20 years we've printed a crap-ton of money to paper over the losses and make ourselves feel richer, but it's all...