At Rex Kwon Do, we use the buddy system. No more flying solo! You need somebody watching your back AT ALL TIMES! Second off, you're gonna learn to discipline your image.
Lets see what happens, trying to get above 3800 TODAY. Just watching and waiting, have a few put contracts but just for fun. Don't jump Without a Chute
Hey fam. Here we are looking at bonds. It's not news but bonds in a bear market. BOE had to start buying after the new PM cut taxes and sent their own market into crisis. Does that mean the FED is going to too? Yeah probably, but soon? Kinda doubt it. Watch this bear flag on the hourly to see what Mrs. Market thinks.
Hey fam. Quick look at mini spooze futes. Getting turnt up this morning and could continue until the market realizes that nothing has changed, and this is still a bear market. Look like daily RSI is getting turnt up and on the hourly we closed outside of a funnel lookin dealio. Not really a bottoming pattern but who knows. For now we are going up up and away!!
This is quick overview of the weekly copper chart and where we are possibly headed. In short, down! I use basic chart patterns, support and resistance, RSI, volume, and the magical Japanese candlesticks to an analyze charts.
Not much technical commentary necessary here, it ain't looking great for my shiny precious
dolla dolla bills yall
bull flag breakout
going higher and higher amen
Bulls had it at the start last week but bears turned what could have been and inside up week into another bearish inverted hammer. If we close below 173 for the next weekly candle we are looking at a drop to the lows around $130 soon after and then the plummet could continue to the $90's by the end of the year. That being said if we break up, above $195ish,...
This may be the most important chart for me in the big picture sense because I will use it's cues to help me decide if my dollars are safe or if I need to protect against inflation now. This chart shows the dollar is either going to pop or drop, hell maybe both(we already had one fakeout to the upside). My feeling is that we are first in for a major deflationary...
This ETF went inside down on the week and at major resistance. It's a bonafide short although I rarely short the ETF itself and look for the weakest names held by the ETF instead. Just like the home-builders sector there is a major disconnect from the real economic reality and price here. The FED can pump the larger market ad infinitum but there will be huge...
This is just an obvious buy to be on this big breakout this week. I have been holding $NEM and $GOLD for a few weeks and they have already gone up 25% in price, while GDX has just really broken out on the whole. As the FED pumps the stock market the fundamentals of these mining companies are hard to beat.
whether or not "everything opens" anytime soon I doubt the crowds are headed back to Orlando at all this year. Also high debt, not a lot of cash.
Looks like it could bomb from here. Permits looked ok last week but permits do not mean the thing will be built and considering 20% unemployed in the near future I think you might reconsider moving forward with building new in an already overbuilt environment. I don't think the market it pricing this in at all.