If one wants to hedge against the current ETF inspired rally in Bitcoin without selling their Bitcoin a good candidate to 'short' would be MSTR (Microstrategy). The stock is "hard to borrow" meaning it is difficult to short the shares but the options chain is relatively liquid enough to accomplish the bearish thesis. Technically, both Bitcoin and MSTR are...
Stock market has a huge bounce this week. I bought a lot of TSLA earlier because it hit my level. Let's catch up and see where the next opportunity may be!
With the pump this week Bitcoin is now out on the bull side of the Daily Ichimoku cloud. Does that make it a buy or should we wait?
Is Bitcoin the answer to the inflation of the US Dollar? CPI came out this week unchanged and is still higher than the Fed would like it to be.
Why is it that every week in financial media someone is telling us we MUST buy GOLD because it is the only solution to doom? And why if it is such a great antidote to chaos does it fail to perform when things get scary?
Is inflation getting worse? Will rapid inflation, which has been feared for the last 2 years, ultimately bring down the economy? Probably not... but it sure gets a lot of likes/shares/retweets. Let's find opportunity like we do every week!
Should we worry about all the FUD (Fear, Uncertainty, Doubt) and information that surely points to economic doom? No. What should we do in such confusing times then to look for opportunity?
When is Bitcoin going to Moon prior to the coming Halving of Block Rewards (or will it)? Let's dig into the presumption.
We have been watching this stock for a while during my weekly Livestreams (Fridays 4pm EST UTC-4). Last Friday, we noted that NASDAQ:NFLX has pulled back up to retest the 50% of the July Weekly Spike price action. This is happening following a long bullish recovery trend up to the MAJOR Weekly 50% Retracement Resistance of the November 2021-May 2022 bear...
Is the stock market getting TOO BULLISH or is everyone just doubting this retest of the All Time High? Bitcoin pumps and dumps this week.
Today's economic news was jobs data which in fact came in worse than expected. "In July there were just 8.827 million job openings, the first sub-9 million print since March 2021. It was also the 3rd biggest miss on record!" -Zerohedge Yet despite this news the stock market rallied significantly higher. The market responding positively to bad news is a...
Are we actually in a big Financial Bubble of "All The Things"? Let's look at the current price action of the stock market and compare it to the Anatomy of a Bubble to see how it lines up and at what point we will know if it is true. What does this mean
Did Elon (SpaceX) really crash the price of Bitcoin... or was the Bitcoin short clear based on technical analysis for the last few weeks? "Yes" to the latter and I'll detail why this week with a tutorial on how price respects levels and what this means.
Coinbase says that crypto is like beanie babies? What effect is this week's CPI going to have on markets? How far will this stock market pullback go?
United States Debt Downgrade... does the market care? Are we finally getting a pullback to the 2023 bull trend that will provide opportunity?
If stocks are still in a bear market... it is unprecedented. The market held a major support to rally this week to a new high getting ever closer to the All-Time-High. Crypto continues to stall... is it time to look for short shorts?
This week has been a faceripping rally in equities. Bitcoin has hit a MAJOR Resistance. Are there bullish opportunities left or should we be looking to sell/short?
I have been getting a lot of questions from followers about NASDAQ:RIVN in recent weeks. One of the favorites of the 2021 EV stock craze the share price has done not performed well since the IPO. This recent very bullish move has gotten a lot of attention but I think it has come to an end. Price Action Like most of my setups I am looking at RIVN hitting a...