The_Rational_Investor

The_Rational_Investor

Silver has formed a head and shoulder pattern after breaking out. This is giving an opportunity to buy. I will go long from 25.6 and close my buy at 27.

The_Rational_Investor

Gold to retest support at 1760

The_Rational_Investor

Platinum took a pause after hitting the 1300s. Since then it has been moving in a triangular wedge. But it seems that the bull penant is almost done. and its ready to breakout. Fundamentally, the news that the BIden administration is going to reduce carbon emissions by 50% indicates a lot of electrodes, storage devices, infrastructure spend are on the way. That...

The_Rational_Investor Updated 

Oil has reached a nice buy point. Factors causing Oil to drop: 1. Increase covid cases in India 2. Potential capacity increase by OPEC+ Factors that will drive oil price to increase: 1. Force Majeure in Libya 2. Increased vaccination in US, EU, UK as well as in India. 3. China GDP driving increased demand 4. US driving increased demand 5. Increased...

The_Rational_Investor

Nasdaq displayed some weakness today after 3 weeks of strong performance. The bulls are tired, and need a break. Correction is coming, approximately 5%. Tech 100 will recover from today's low of 13725 but the momentum is not strong. A new sell from 13900 is on the cards?

The_Rational_Investor

idea is self explanatory.

The_Rational_Investor

Nasdaq recovered from its massive drop. so is the sale over? i think so. although it wont be a single ride to new highs. i expect a resistance at 13500 to 13700. it will then return back to the 13100 range before it makes it next move up. Choppiness expected.

The_Rational_Investor

I would have said yes before, but now am not so sure. Levels to buy: 1660. If the Vix doesnt rise or the Yield doesnt fall. But if the Yield rises, and the Vix falls, gold can go down to 1600 levels. In anycase gold will not go below March 2020 levels and i would buy there for sure.

The_Rational_Investor

Today nasdaq did the obvious and dived down below 12300. But the recovery has been good so far. 12680 has been the highest as of when I write this post. Is the Great Nasdaq Sale done? I do not think so. Investors are still nervous. Recovery means the economy opening up. Investors with risk appetite will move their holdings to Infrastructre, Energy, Industrials....

The_Rational_Investor

Almost time to buy Silver. Am buying at 24.5 .. are you?

The_Rational_Investor

So as projected we had our 10% drop from ATH . But is the drop done? I dare to say not yet. In my last post in a related subject I stated Nasdaq will drop till here, but potentially till 12000. That is the september Highs from last year. But it may go down further to 11030, which is a strong support. All depends on the VIX . The VIX is at 28 now, and I project it...

The_Rational_Investor

The fear guage is rising. and will do so for the next few days/weeks. The markets are superheated and the last 2 weeks saw a significant cool down. but that doesnt mean that the fear guage is done yet. Vix is an indication of things to come. As the fear factor rises, investors will rotate their funds from riskier assets (Stocks, etc) and move it into safer assets...

The_Rational_Investor

Gold on its final part of the long pullback. Gold will start to rise again after testing the liquidity zone of 1670. Quantitative easing on its way in the US and in other OECD economies. Cryptos are too volatile to be considered a safe asset. Btc is not really money, Buying goods with BTC will always keep a lingering thought it could have gone higher, while...

The_Rational_Investor

Nasdaq has recovered very nicely over the last 2 trading days. But it has reached a zone of resistance. And that means there is going to be a pullback from the 13320 zone back towards the 12800 zone or lower to 12400. Vix which rose to 30 has now pulled back to 23. But only end of Jan we saw Vix rise to 35, without any real economic shock. The market is nervous,...

The_Rational_Investor Updated 

Oil is sitting at the 61 mark. it has reached a long term downtrend trendline, while also demand seems to recover. But where does oil go from here? Positives: Vaccinations lead to recovery of refining demand (Travel being the main driver) Newer cars mean polymers - ABS a oil derivative. Growth in mining industry (Lithium, Copper, Platinum, Palladium, etc) will...

The_Rational_Investor Updated 

Chart self explanatory. Gold to resume upswing once the deep pullback to 1760 is done.

The_Rational_Investor

Breakout of silver if sustains move above 28.10

The_Rational_Investor

As Previously discussed, the price of PL pulled back till 1230. Is the pullback done? I do not think so, This is going to pullback till 1220, take a breather, and then go all the way to 1140-1150 zone before resuming its next leg up