GL to all... Do your research, trust nobody, look first then leap, and don't trust your "feelings" that much...
If you check at least 3/5 on the below we might be in the right place. 1. Depressed 2. Tired 3. Stressed 4. Scared 5. Out of money to buy more I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first...
Painting Do your own research! Have a great summer! Look first/ Then Leap
In the coming months, I expect the following catalysts 1. Oil coming down, already there are discussions about removing Russia from OPEC 2. 10 Yr coming down, currently forming an H&S 3. FED adopt a more conservative strategy for interest rates going into 2023 4. Massive short squeeze on tech, High short interest rate there! 5. Rotation from oil to tech 45% are...
Some similarities between 2000 vs 2022 1. Before reaching ATH the index did a very sharp decline of 33% 2. It took the index 17 bars to reach an ATH vs 20 now 3. Found support on 40SMA after 9 months from ATH vs 7 now 4. Mass retail participation 5. .com mania vs crypto mania? (did luna just popped the bubble?) 6. Interest rates were falling back in 2000 vs...
So many similarities... 1. Mass participation of retail 2. Enthusiasm about new technology! it was .com back then it is crypto now! 3. Failed IPOs/SPACs 4. Is it that obvious??? We just don't fight the FED? no technical analysis, no fundamental, no politics, NOTHING??? 5. Can the bomb fall twice in the same place? Let's all short Nasdaq and make money right???...
My guess on how the 2 supercycles of bitcoin and S&P 500 will likely end. Masses attention on the stock market and cryptos are fading BUT there is still money to be burned and I would expect a victorious new ATH for both the stock market and the crypto to take place somewhere next year! 1. The whole internet is so aware of shorting the market that is "entering...
S&P 500 looks so similar to 4 phases of market cycles
Who are the American stock market heroes? 1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com 2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown 3. The TV Star Dr. Burry!!! (...
Hello to everyone worried about Wish! it's been a long time since we've bag holding this "meme" stock. I know how you feel because I feel the same as you do. Don't worry about the losses you are experiencing at the moment. After all, it's really humane to make mistakes, make wrong assumptions, and act the wrong way. It happens to everyone from time to time, not...
Results were as expected and clearly belong to the previous management team.No no point for the current team to show any improvements. As stated by the newly appointed team the real turnaround results should be visible somewhere in Q2 2022, so for Q1, I expect a Wyckoff accumulation. Retail is so depressed and tired that eventually nobody will be left except...
Study the greek economy & politics from the period 1990-2012 and you might find a lot of similarities with that is currently happening in the US. Greece experienced a credit boom from 1990-2008, people however were living above their means. We faced the biggest bubble in Greece's economic history during the 1999 when everybody was playing the stock market! and i...
Earnings coming out this week for Apple and i anticipate to see whether my prediction holds true. Indices have been manipulated to go up with FAANGT' and now we see that the first one to go down was Netflix. All the rest are reporting earnings this week and the next so i would expect indices to get their well deserved correction with the help of the big guys. Then...
1. Wish showing some stability around $2.50 2. Possible short covering to make up for losses in other positions by the shorts acting as a floor 3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q 4. CEO must be announced upcoming week or the next 5. Technicals looking good with multiple...
I look for 3 major signs in order to initiate a long term short position 1. BB Cross ... 2. RSI Cross ... 3. Macd Cross ✅ Things however do not look good... February & March are key for the rest of the year. To be honest the party was awesome and it lasted way too much and went way too high what else do you expect? Bad signs to take into consideration: 1....
Some ideas on how nasdaq might play out in the upcoming years. This is an abstract painting i made out of my imagination, do not take my graphs seriously. Look first/ Then Leap
My latest conviction is that wish has been sold maybe before it even did an IPO. Here's the game plan 1. VC's that have been to WISH (close to 10 years) needed to do an IPO so they would cash out their position and return the money to the funds, since there is a policy to close the fund 10 years after inception. (pitchbook.com) wish fund series...
Wish ocd charting, a dream come true... that's my last ch-art for 2021! Happy new year to everyone