S&P 500 ATH
Here we are again, no, the USA companies aren't this strong, in fact they are again indulging in practices that led to many bankrupcies in the past. Instead of using the lent money to invest on new infrascructure, new products, new markets they are using the lent money to buyback stocks.
They are buying back stocks as makeup to hide the ugliness that...
Sorry to burst your bubble NATGASUSD .
Permian Basin drilling has not only increased Oil Supply, responsible for the lower prices we've seen lately, but also increased Natural Gas Supply.
Supply on Texas has been so much that USA is offering it for free or even paying to get rid of it (source: NGI Bidweek Alert 29th Nov 2018 ), meanwhile markets still haven't...
What is a bearish market if not a big enough correction?
If we are deflating part of the bubble of the latest years I wanted to recheck SPX zooming out a bit to have another grasp of the situation or hopefully confirm ideas.
As you can see on the chart going back to 2009 we can have a different perspective.
I believe that in the year ahead of us we'll see the...
SPX moving sideways today. Follow chart.
Look for indicators to close positions and invert.
Strategy, go long initially, go short later on the day.
Intraday positions:
Short Term BULL
Long Term BEAR
Wait for the open of the EU market and news to decide position, it's better to enter a bit later with confirmation. Beware of US market open for trend reversals or extra momentum.
If you haven't catch the boom on 28th November to go bullish, you might still be able to, as EUR and EU stocks have been undervalued, if you notice movement up ride the trend.
Don't...
