Incredible Demark confluence on DXY. Monthy+Weekly+Daily+4hr TD9's. Never seen this before. Either we roll hard here and risk rallies (alongside gold, commods etc) or it's 2008. My moneys on the former
TLT is staggeringly oversold, everyone and their dog is screaming about higher rates. Understandable, but how much is already priced in? Will the FED reverse course? Will and equity correction send $ back into bonds?
Hard to predict the news, but this chart is a screaming buy to me (on a 2-3 month timeframe). We MAY have one more low to the 116~ area which would...
Absolutely incredible setup brewing on QQQ. Huge measured move + TD9 on tuesday + we have the FED Wednesday and the potential for a Russian Bond payment missing. Given the posture of put buyers, we should either see a 2008 style crash or an absolutely biblical short squeeze. My money is on the latter. High risk, high reward.
Russia is set to "blackout" Their internet on the 11th, and we have the US CPI print this morning at 8:30am EST. Going to be a wild week. I think we are setting up for OML then a massive buying opportunity monday/tuesday across the risk spectrum.
This is an event based chart for context on the current Ukraine/Russia war. Crimea was certainly different but the comparison could be valuable. What I can gleen from this is markets bottomed when bilateral talks began. Whether Russia defaults or not remains to be seen (bond payment is due Mid March)
Pfizer looks to test $50, and possibly the gap around 46~ if things get really ugly. Omicron is looking really promising as granting significant immunity after infection, which should reduce demand for further vaccinations. These vaccines companies have YEARS of covid priced into their stocks... Short side is getting a bit long in the tooth for new entries,...
MRNA going according to plan from my earlier posts. I can't update with charts anymore, for some reason? So I am posting again. Re-iterating targets in the 170-180 range. $230 is the Line in the Sand for bearish continuation. took off a few of my puts today.
Massively bearish setup on MRNA. Whether we get one more deadcat, I do not know, but this thing is going to 170/180 area and could be as soon as next week. $125 is my final target. The amount of downside risk in MRNA is absolutely staggering. This is basically a $50-70 stock without the covid premium.
MRNA targeting $125 and it could happen FAST. Massive insider selling the past month and evidence is building that Omicron will leave the infected with a robust immunity. The case for vaccines is eroding by the day and hard to argue that the current orders for MRNA are not priced in. Very dangerous to be long PFE and MRNA right now
Peleton looks setup really well here with a measured move+massive RSI divergence, and a weekly TD8. QQQ does look a bit stretched so if the bottom blows I will add more. Longed the Jan 50C for a yolo bet around .54. Credit to @hyperbitcoins on twitter for the idea (ducc).
While we need another week~ to confirm, many leading scientists are pointing to death rates anywhere from 30% to 90% lower with Omicron. Yes, it's still problematic but there's hope for the first time in a long time. What happens is Omicron becomes the dominant variant and the majority of people have minimal symptoms?
We could see a DRASTIC repricing in some of...