It doesn't really matter much which one you choose, they move pretty much the same.
They may have hit a bottom on May 13.
They have been falling since January.
I think they are still far from reaching their absolute maximums.
Bollinger band narrowing
Oil prices rising
In a strong support level
Although it continues to operate at a loss, it maintains contracts with several major oil companies worldwide.
Something tells me it won't stay that way for long.
I see heavy congestion in the price of platinum. It is closing a wedge that began at the end of October last year. It peaked in mid-February and has been falling ever since. The correction may be close and we will see a continuation, remembering that it is still far from its all-time highs.
It has been bouncing off the 200 daily candle EMA since March. I do not think it will break that support and start a downtrend, on the contrary, I consider it to be a good entry point.
"Versus Systems Inc is a Canada based company. The company is engaged in the technology sector and is developing a business-to-business software platform that allows video game...
Long-term bond yields will continue to rise in response to higher inflation expectations. Therefore, instruments like TTT, TMV and TBT have ample room to continue rising (you can see the positive correlation between the two).
In addition, all 3 appear in the portfolio of Scion Asset Management, owned by Michael Burry. I simply do not subscribe to the idea that he...
The USDMXN is trading close to a very solid support near the 200 EMA in weekly candle. It has been bouncing since November last year from that same support. The last time it broke the 200 ema was in May 2013; in February of last year it reacted strongly when it touched it. From my perspective, an upward rebound is more likely than a break of the support, which...
If it surpasses the resistance at $13 and breaks out, it would have a clear path to $20. In the long run it still has room to climb. To be worth it, I recommend going with leverage. At the current price, a tight stop loss is relatively "safe" as I don't see it falling further.
It has an extremely strong support level around one dollar and huge, huge potential for growth.
Although it continues to have problems to be profitable (in net terms), I consider that its fleet, its geographical distribution, its orientation towards "ECO" tankers, its continuous increase in income and assets, make it a strong competitor in the sector.
Oil companies still have room to continue rising and continue the trend that began at the end of October last year. After they reached a peak as of March, they have been on hiatus, but this, from my perspective, will not last long and we will see a continuation of the trend soon.
Likewise, I see it likely that oil prices will continue to rise in the following...
So we have synchronized movements between long-term treasury yields (5, 10 and 30 years) and cyclicals (airlines, oil companies, carmakers, cruise lines, etc.) regardless of the fundamentals. If these yields are expected to continue increasing in response to a higher rate of inflation, a continuation of the trend in cyclicals would also be expected.
The peak of...
After having risen more than 700% in one year, the stock fell dramatically and has been fluctuating in the same range around $ 37-40 for some time. Appealing to the fact that it has respected the support, that it left a huge gap and that it maintains a good fundamental (in terms of growth, income, subscriptions and services), it could easily be another phase of...
If inflation is given and interest rates do not rise, expect negative real rates on long-term bonds. If inflation rises faster than the possible rate hike, expect negative real rates on long-term bonds.
If real rates on long-term bonds fall, expect a rise in inverse ETFs like this one. They have been one of Burry's bets to protect himself from the inflationary...