This is yet another breakdown in the chart. Even with the same pax prior to Covid & more debt with no pricing power = Zombie
Endless trillion of money printing has been ongoing for a long time now. The dangers of this has been the normalization in people's minds that it is somehow natural, good, simulative and healthy. As the charts shows in reality it has never been so unnatural, bad, surprising and unhealthy. During this time we have given a voice to crazy economists (Ie #MMT) that...
To understand emerging markets you must first understand what the dollar (DXY) is doing. In this chart, I show you the relationship between the two. You can see several key dates where reversal took place. To get a handle on what drives the dollar (see post below) You need a good understanding of how the monetary system works, macroeconomics, FOREX, and the Bond...
While I am not one to really look at sentiment or put call ratios bc for my style they are useless. Unless they are at extremes. Then I pay a little attention to them. What concerns me is not the ratio but the moving quarterly average level of the ratio. When Gov't back stops all risk to investors while running around and saying there is not bubble keep going!...
Again unfortunately I could not share this info with you all bc of my subscription service. However, I can share it now so as for you all to learn from it. BKC (Bare Knuckle Charting) in my view is essential and a great addition for all investor/traders to learn from. No one chat or piece of data is the holy grail of analysis. This particular chart shows the...
US Tax Revenue has exploded by 43% since 2020 to almost $5 trillion annually. So far 2023 the US Gov't has collected $2.686 Trillion and still it has to borrow more to meet its obligations. While Real GDP has only risen 4.5%. #MMT gets it wrong again. More is never enough! The more we print the more we have to print with no real (inflation-adjusted) economic...
You haven't witnessed madness until you've seen MMT Mosler's post completely wrong, yet people continue to believe him. That is crazy. Never Mix your politics with economics. Especially if you are trading and investing.
A simple short setup breaking down from a bear flag. However, if the markets don't turn south the trade will not be as profitable. Buying close the the bottom trendline is Ideal.
IBM is on the verge of breaking down from a rising wedge. It is a simple short setup from a key area.
When trying to understand FX trading one first needs to understand the economics of it all. FX became popular bc back in the day there were no trading fees ($29.95 -$19.95 $11.95 etc..) only spreads. People didn't understand the economics but were told that TA alone was enough. So they all went out and gladly blew out their accounts as leverage was a new animal...
Let's make a sincere attempt to understand and address the "banking crisis". For those who have lost money, it's a true crisis. However, for those who have not yet lost money, it represents a necessary purification of the regional banking system. Looking at the charts, it was evident well before the crisis occurred that a clear head and shoulders pattern had...
Chinese Yuan money supply is double the US at $40 trillion with no end in sight. (Note the Chinese Yuan in the chart is adjusted for the exchange rate to the $) BRIC's are a fantasy as I have mentioned before. If you have a problem with US printing you will really have a problem with China Printing Press! Recently Russia walked away from India and broke off...
Minimum payments rising removes money from consumption. While many points to the delinquency rate being low my response to that is "it works great until it doesn't". By the time delinquency spike, it will be too late. Credit cards are Americans' savings. A hiccup in the economy will cause pneumonia in my view.
Jet Fuel is still too higher relative to Airfare. Borrowing costs for a very capital-intensive industry have risen significantly relative to 2019. The cost of labor has also risen with pilot shortages. Passenger loads have only now returned to pre covid 19 levels. Lastly, number of shares outstanding has risen significantly as well. In my view, airfare has to...
Accuracy and consistency matter to develop trust that I will always try my absolute best to give the best analysis and simplest trade setups that I can. :)
As the chart clearly shows more deficits more debt more money supply has not translated to an increased labor force participation. I am sure you have heard Politicians & Economic hacks like MMT (Modern Monetary Theory) use the words "Simulate the economy with deficits". Well in reality there hasn't been much "Stimulating" going on for the labor force...
I am using Spot and GME as examples of Bull traps. Be real careful out there are a lot of bull traps out there. Do not chase. The macro picture is not that pretty. Sudden moves are designed to provoke emotions and get you to react. Be cool! Remember when everyone was pumping MEME stocks like GME only to collapse 80%? This is no different.
We may finally be seeing the blow-off top in TSLA. Many argued with me When I posted a bullish bias. Now I am sure I will get crap for being bearish. That is what a market is folks people with opposing views. lso, noteworthy is that TSLA NDX ratio is hitting resistance again.