wildcreamlife

Sorry my fellows 'cause yesterday I was preparing this chart for you, but as you know the market is faster than my schedule, so it banged my chart before the chance of posting it. So, I'm posting it exactly how yesterday was. This stock isn't a big deal for me, but it looks nice for day trading. $48.99 is a nice target but an important level to support the price....

The dollar index is still strong compared to the other pairs, but nothing rational here at all. Everything is a mess, the debt is rising every single day, bonds aren't nice, the equity market is preparing for wild volatility and even haven assets are waiting for more fuel. What about the dollar? An old trick for investors, leading prices higher to let them drop,...

Gold is such a haven asset and this chart is showing exactly how the current market is doing so, and the risk appetite isn't so nice compared to Gold! Again, Don't blame the FED! This is because of Donald Trump and his trade war, so don't blame China either. However, the equity market is struggling to keep the prices as high as possible and not pricing in the...

Risk appetite reverses on trade escalation, again TRADE WAR ESCALATION, not because of the FED and its interest rates. However, we "the old traders" are keen on Jackson Hole speech. Now, just keep in mind the consumer sector is the hero of the U.S economy but with trade war in front of us, prices will rise and finally impact the consumer sector. What does it mean...

The last Earning Report was successful and surprising because they bit the forecast by 0.50. The stock is up 36% YTD, but while the markets are shaken by idiosyncratic and systematic risk, Microsoft is trying to bring the chipmaker NVDA technology to give Minecraft a graphic overhaul. Well, I don't play Minecraft but my 8-year old son loves it, so he's going to be...

We can see a rejection at 200-day MA (yellow line) but there's a clear direction for Cisco. $47.89 could be a nice target. However, this is not a call. Learn how to beat the market as Professional Trader with a Prop Trader! Be part of an Elite Trading Group. Have a Nice Trading Week! Cream Live Trading, Best Regards!

The Sterling is struggling with the Brexit and a new deal, but the interest rate won't help so much, in fact the free fall could break a very important level at 1.1917 and go thru 1.1344 and so at 1.1163. Calm down, that's the scenario if we break 1.1917 only. At the moment, this currency looks good but could turn boring at any time. Do you want to know more...

There's no surprises today. However, keep in mind this is the first rate cut in a decade, a modest and widely expected move that is meant to keep the economy healthy in the face of head winds from trade war between U.S and China and the slower global growth. Now, the problem is the word "healthy", because at the end of the day we're looking for more inflation and...

US10Y BUCKLE UP 3M-10Y Yield Curve Inverted already, 1st time since 2007, this is one of the most reliable signs of a recession coming soon. It looks like the global slowdown worries have been confirmed and the market is beginning to price in Fed easing, potential recession down the road, so it’s clearly a sign that the market is worried about growth and moving...

The USOIL is looking for $60 dollars per barrel, but the 200-daily moving average is at $61.90. So what are we expecting then? The price already broke clusters and walking through 200-daily moving average, the tiny trend is still going up, the 50-daily moving average is crossing the 100-daily moving average, so we still have a bullish signal. Not convinced yet? It...

The stock is already 4% down, but it could go for 20% plus. My PV is around $16.82, so in the case to go about $13 it could give us a real buying chance, but for now, already shorted. Learn how to beat the market as Professional Trader with a Prop Trader! Be part of an Elite Trading Group. Have a Nice Trading Week! Cream Live Trading, Best Regards!

Is model 3 what investors are looking for? Definitely NO! Investors aren't fed up with Musk and his tweets, neither about his promises or SEC controversy. In fact, smart investors are waiting for revenue, to start being a profitable company, unfortunately, is taking too long. However, model 3 looks nice and cheap for a standard range car, but the narrative isn't...

While the USDJPY is still walking through the channel, I left Florida and the lovely weather to start a new life out of the U.S. Basically, the pair didn't move as much as I did, and it will not do it as a fast burst up to the next week. The targets are the same at 106.883. I'll try to update some ideas as soon as possible. Good Luck! Learn how to beat the...

This pair is at a significant crossroads. It might take an upward movement considering the oil price, but the largest in the midterm is downward. Technically, the price is trading within a channel where the rejection points are quite larger than we were expecting, so we are placing some pending orders with massive RRR. However, this is not a call. Good...

The S&P 500 will not go so far away this year considering the real growth forecast, where the consensus is about 2.6% in the U.S. In my case, the best scenario would take my GDP forecast around 2.3%, but the Q3 has chances to see the GDP just above 1%, yes, you're reading well... 1%. The best scenario for the S&P 500 this year would take the price around 3,000...

USDJPY looks nice to risk some money on, even for a sell and hold. The JPY is range bound and consolidating in an environment of mild risk aversion, with a Tuesday’s session unchanged versus the dollar, of course, waiting for Wednesday's FED decision and the upcoming round of US and China trade talks. The pair is currently >1.53% Bearish. Learn how to beat the...

This Monthly Chart suggests the price is already on the trend line since 1985, but is it trying to break? If it does, the ECB will have more than a headache, triggering the price to 0.900, of course, that's very hard to see in the mid-term. However, the attention is focused on tomorrow’s Q4 GDP data which is expected to the economy expanded modestly into the end...

Considering all the news, the pound didn't move as some experts thought. May is alive and walks in any "exit direction", but the biggest problem is the sterling which has no clear direction at all, so here's the point, why would you buy dollars? We can't blame Theresa May because a bad deal, indeed, she can't do so much if any deal is considered as not fair for...