Dollar usually falls as investors chase the markets. Going into the 2nd half, alot of hedge fund managers are offsite and are lagging the S&P! Now if they are to receive their bonuses, they will need to perform, and the only way to do it is to chase the market. Unless ofcourse if you think the Market will fall by 20%, which is now unlikely as earnings are...
We were promised so much Crypto and Web 3.0! but the next big tech bubble will be about huuuuuuge productivity gains from AI, not crypto or blockchain which have a singular use-case. AI will be part of every day life, it will turn you into an expert marketeer overnight, an expert Doctor, an expert lawyer, or someone who was never trained but has the AI able to...
EURUSD could be giving out bear trap signals as many of the retailers are one-sided (short) at the moment! This could be a contrarian indicator as many will exit their positions quickly causing a short covering rally
US eco data shows less people claiming unemployment insurance, with many seeing wage increases. This means, we could see the Fed increase beyond its tow hikes towards a 6% interest rate handle. TVC:DXY could make a double top, but weakness will mostly be concentrated in the asian economies like China & Japan, but also POUND which I think is totally over valued...
In my opinion, it seems unlikely that the Federal Reserve will raise interest rates in July. Instead, I believe the Fed will choose to pause indefinitely for the next 12-18 months before potentially taking a downward turn. From a technical standpoint, there is a possibility of a movement towards 1.12 in the market, with a broader potential range of 1.20-1.23 over...
Out of all the FANNGS, META is the cheapest across all metrics! They also have a pipeline of their own AI chips, AI workloads and contribute to the AI open source community with their own LLMs. Unlike Open AI, they also own their own data. META is ticking all boxes, its core business is performing well, but it is also well positioned when the AI bubble really...
Eurusd is looking like a clear inverse H&D pattern as the US economy completes its final 10 years secular bull-market. EURUSD will falter around 1.22 before falling back to 1.05
The only question is when? and who will be the players
The AI bubble has undeniably begun, evidenced by the increasing number of hedge fund managers incorporating AI as a key factor in their stock selection processes. Currently, many companies mention AI in their operations, but they lack their own intellectual property and instead rely on purchasing AI solutions off the shelf to integrate into their core offerings....
Continue to buy META as TikTok is likely to be banned from the Apple store! meaning new apple device will no longer have access to the app, nor will there be any updates. In Addition, there are rumors, retailers have banned together to bypass Apple's tracking restriction by creating a customer influencer database tracking centered around META technology! this...
It is quite astonishing to think that with just a $200B market capitalization, BABA alone can satisfy China's immense demand for AI and digital growth, even if you consider in the presence of monopoly laws. If we take a step back and analyze the situation, NYSE:BABA should ideally have a market capitalization of $1T. The current share price seems to be...
There is a possibility of a 7% correction and a 50% retracement from previous highs as the Federal Reserve contemplates a further 0.5% increase over the next two meetings, following the release of robust PCE numbers. The Federal Reserve is persistently applying pressure to control inflation and deems the current timing suitable, particularly with technology...
The Dollar basket is currently on the verge of a breakout, which is likely to lead to a substantial correction in EURUSD and GBPUSD currency pairs. A notable indicator of this trend is the US2YR yield, which has surpassed 4.5% after hovering around 3.5%. Many market participants had previously anticipated rate cuts by the Federal Reserve during the summer. Now,...
Now that the debt ceiling issue has been resolved, there are fewer reasons to hold and invest in the US Dollar. The United States is unlikely to default on its debt, providing stability for investors. In contrast, Germany has entered a technical recession, but the focus of the European Central Bank (ECB) is primarily on maintaining price stability rather than...
It presents a remarkable chance for investment due to the ongoing Ukraine war posing a threat to Euro economy. However, as the war persists, Europe will increasingly prioritize sustainable supply chains and self-investment, laying the foundation for substantial infrastructure development and an economic upswing. As the significance of the Dollar diminishes,...
Apple brought forward so much demand, how many iphone and tablets do you need to buy in 2023? Corporates are pretty much done with buying new iPhone for employees as a benefit, they will prioritize pay increases and cash flow instead! Western consumers have taken a huge hit on their disposable income, I cannot see them lining up for an incremental phone when...
stagflation is the base case for the UK! I cant see the Tories winning in 24months time, so I expect the pound to start pricing in a Labour victory, which also means a spending round to get public services back to par! I really think the pound is now like a 3rd world country, when Labour comes into power, it will target the very rich, those who are mobile, and I...
Let me spell something out for everyone Digital workplace 1980s 2022 2026 & Beyond Memo > Email > Internet > Mobile > instant messaging > Video calling > Meta-verse As we move more, if not all of our collaboration into the digital world, we rely on...