Nifty 50 has been the best performing index since the pandemic; and is now printing a bullflag. It has been coiling for the past 6 months while the rest of the world was taking a deep dive. I expect the parabolic trend to resume imminently
The weakness of the euro vis à vis the ruble has come to an end with a clear break out of the falling trend, right now printing a bullflag.
On the political front, Russia is losing its war, and has no possibility of being victorious. It now has to face massive inflation while the central banks cut rates. Russia doesn't have access to its gold and FX reserves. The...
The shekel has been one of the strongest currencies throughout the pandemic while the central bank of Israel has tried numerous policies to lower its value. The strong currency is destroying the expensive technologies Israel sells abroad. At the crossroad between Africa, Asia and Europe Israel has seen its standing improve and countries across the board are...
I see a bullish divergence on the most undervalued coin there is.
market cap: $9,642,132,284
total value locked: $8,877,640,366
circulating supply: 63% (totally oversold)
transaction volume : $583 million DAILY!
Fees generated: 1.7 million DAILY.
Decentralized exchanges are set to become the backbone of the ethereum infrastructure, and the...
-commodities are correcting, while demand for homes keeps growing.
-I expect homebuilders to accumulate commodities at these low (and possibly even lower) prices during this time, replenishing their inventory.
-they'll be able to restart construction at even higher prices, at even higher profit margins (they're buying commodities at low prices and will sell...
Nintendo's hardware will decrease in quality against what Sony and Microsoft will offer. Nintendo massively lagging VR and cashing in legacy content only.
I expect hardware sell to fall as everyone moves to Netflix, Steam, Microsoft online content. Nintendo will be forced to focus on creating new content for these platforms. Eventually Nintendo will become the...
China has started experiencing the pain of higher input & output costs.
1. this can ease slightly in coming weeks giving respite to chinese stock market overall
2. Ali Baba with its low labour/supply costs, high growth can come out of this with an intact profit margin, even a better one.
After months of gloom Baba stands a chance to go back to new highs.
Possible H&S printing on the back of deteriorating fundamentals.
Iran pumped its most crude oil in almost 2 years, while Russia also boosted output again, latest
#OPEC+ survey finds #OOTT
Oil drumOPEC pumps 25.28 mil b/d, non-OPEC allies add 13.21 mil b/d
Oil drumCompliance 111%, boosted by extra Saudi cut
it's been over a...
technical analysis suggests we're near a top; while fundamentals indicate crop are good across northern hemisphere and harvest should be excellent; in all cases much better than last year's.
Prices might reverse from here