MrRenev

MrRenev Updated 

Hello, spirit of Robert Mugabe here. I have to congratulate Mister Donald Trump. He has managed to hurt the american citizen without them noticing that he did, because they do not learn economy & finance at school and do not care. What an amazing sneaky politician! As the american people get more angry, and since they are financially illetarate and do not...

MrRenev

British news are not great. I posted this long a while ago, I now will look at multi inside bars to see how good this is. We all learned in videos books sites and "live" that after a long consolidation breaks were often explosive (and we witnessed it alot with Bitcoin). I will now look at a couple of similar inside bars and while it will be a small sample size...

MrRenev Updated 

I don't want to hurt anyone's feelings, our sick & obese grandpa's lives are precious, but people are getting a little more than their feelings hurt so give me a break. I am willing to bet the majority of people did not even think of the consequences I listed. Believe me they are very real. Politicians sure didn't... Or they did... Epstein buddies... The bubble...

MrRenev

What an interesting day. Q1 is closed (worse Q1 in american history by the way), and companies with more than 100M in AUM filed their 13F. This is what Warren Buffet has been up to: Sneaky little grandpa. There may or there may not be a world war. See what happens when cheap low quality goods China tries to do research in high tech / advanced immunology? Leave...

MrRenev Updated 

You already know what I think (or if you don't it's in my previous ideas about us indices and pound pairs). I do not think there will be massive stonks downtrend yet. No big fear crash that makes everything fall (and $ rally). Dollar gets weaker as infinite money is printed. I don't think there is a reason for the pound to go down. Looks like a new trend up...

MrRenev Updated 

"The Federal Reserve will not monetize the debt." - Ben Bernanke in 2009 while testifying before US congress. Those that did not believe this were called perma bears and fear mongering lunatics :) (Imagine being that gullible LOL!) Alot of the ones calling others perma bears and crazies are now saying they knew all along, or that no one could have seen this coming...

MrRenev

Travelling back in time to the 19th century, the time of railroad bubbles. Back then the corrupt government would make laws that prevented legitimate capitalists from fairly competing and trying to provide the greatest benefit to society, to instead let friends of theirs have a monopoly and charge honest citizen whatever they wanted to. (I will make a separate...

MrRenev

All the middle age dudes that were worried that they don't have the fresh quick mind of younger players can rest assured, they are not disadvantaged, it is the other way around. Everyone has heard 1000 times that what made a trader/investor was being wise, or another way to say it is rational, or not emotional. It's not having quick reflexes or being young or even...

MrRenev Updated 

Where did the critics go? Perma bear on everything! Idiot! Delusional! Fear mongerer! Racist! The critics are silent now ;) Only a few months ago I was cringing how stupid the war against CO2 was, and that we wanted more of it not less, and that we had way bigger issues to worry about. When I said that any event could end the paradigm and we aren't "more civilised...

MrRenev Updated 

"When a business makes money every one profits" Beep! If your boss raises you by 5% and himself by 400% and prices go up 10% because central bankers are printing money you know what you are getting? The short end of the stick. Right in your ***. Gee... I wonder why there is such income inequality in the USA? No clue! If only there were obvious events that...

MrRenev

An era is ending... The USA crime syndicate the FED said they would print infinite money to solve every problem. "During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics. However, Zimbabwe's peak month of inflation is estimated at 79.6...

11:30

MrRenev Updated 

Disclaimer: There are many diseases, and this list is my personal opinion based on several factors mostly deadliness & contagiousness. There are no infectious diseases as of now that are highly infectious and also highly deadly. Simple logic: if there was then we would all be immune to it and therefore low death rate, OR we would not exist we'd have been wiped out...

MrRenev Updated 

They were very right about sugar. Since the 70s-80s, sugar consumption went absolutely ballistic, people became complete addicts as the substance is addictive and creates cravings for more, and add to that the idiotic advice clown "experts" gave to every one "fat bad fat make disease fat make you fat" so people felt good about droping fat food and adding sugar and...

MrRenev Updated 

Very important: This is DJIA only! There were some pretty huge companies back then... I don't have the comple market cap / wilshire 5000 to gdp since 1900, can't find that. Price to earnings is best I have. 2000 had the all time record high with all the start ups and all the new stuff going on that wasn't making money yet, doesn't mean it was the worse...

MrRenev Updated 

This is the most important chart of the next 12 weeks. It always follows a similar pattern. Top can happen at any time, but with the temperature spike of this week (right as europe & usa quarantine started) + lockdown + sun, it could be close actually. One thing is clear: Fear is profitable. Can also lead to huge losses. And at what point does it just become...

MrRenev Updated 

Unless you are taking crash bets that you have been preparing for years, I think it's probably best to stay away... What is THIS????? Might get worse might not. I just want my slow and steady moves... This happens at the worse time for me and I bet stocks will be cheap before I am able to make decent money trading so I'll have nothing to invest :) Just wait...

MrRenev

Oh oh. It's looking alot like 2015 bottom. Brace yourselves, a "bull market is back HURRAY" situation is possible. The very day, literally the HOUR, the new cold virus quarantine started in europe (and the USA about the same time I think), the sun started shinning HARD, and temperature went up - I kid you not - 10°C, instantly. It is 17° right now... Probably...

MrRenev Updated 

Hi I don't usually show FX volume but here I think it's maybe interesting. Same with Oanda: Not with futures thought: Majority of retail noobs are long which I don't like but makes sense I guess. Always trying to fight the trend... I guess maybe expect them to close once the price gets close to breakeven? And price would hesitate. I don't see a reason for...