A lot was covered in the video over the years with countless updates in my posts. I have been warning people about TSLA for years. Do not allow your feelings to rob you of your hard-earned money. Nothing worse than giving money to someone who has discarded you. (I am talking about TSLA stock) Thank you to all of my 3400 followers for all your support. Please...
When the facts change so do I. This is an update to my Oil chart I posted back on Christmas 2023 Explanation of how Oil Bulls should handle this chart setup with reduced risk.
Many so-called "experts" claimed that sanctions were ineffective, citing the fact that the Russian ruble had been artificially lowered to 50 rubles per dollar (as if this were a positive outcome). However, in reality, when a country is heavily sanctioned and isolated from the rest of the world, its imports decrease significantly while oil exports remain...
Interest Payments As % of GDP continues to explode higher. The highest since 1999. While some people say this is free money to savers, it is incorrect. Bondholders had to suffer trillions of dollars in bond devaluation for rates to rise. These self-proclaimed "experts" obviously do not understand how bonds work. Don't be fooled by these "experts".
I keep seeing posts all over social media claiming that interest payments on the Public Debt are "unsustainable". No. Interest payments must be viewed relative to Tax receipts to get the full story. Currently, the US Gov't interest payments on the debt are 27% of Tax revenues. In the mid 80's interest payments were 49% of all tax revenues. Way higher than...
China markets struggling to stay out of bear market territory. They were the first to correct that led to many markets hitting resistance and chop. China has now formed a solid bear Flag. A drop here could have broader global market implications. Always important to listen to the message of the markets and let them tell you what is going on instead of guessing....
NOT! In the Labor Force remains at very high levels. 99.5 million people. To hit prependemic levels 5 million would have to start looking for a job. If that were to happen then the unemployment rate would skyrocket. Since the unemployment rate only counts those who are looking for jobs. The question is if and when we hit a recession how high will we go? Always...
BA has had tremendous problems going from first to worst. I have been amazed at how well the stock has held up. Could that be changing now? if the market goes so will BA.
Some trades I cannot publish here on Tradingview (such as Save) bc they require constant updates based on my methodology that require prior education and understanding. However, we can talk and learn from this recent wild move. Anytime you find yourself wanting to buy in a rebound move, often the move is rapid and gives you zero chance of getting in. As such...
Crypto bulls are in trouble! This is not the structure they want to see. The Chart suggests at least $600 billion of market cap can be wiped out from here on. You never want to see Euphoria far from all-time highs. This always leads to disastrous outcomes for perma bulls. It is always better to take profits wishing you were in than to lose money wishing you were...
As markets are shifting from high flyers to value we need to take a look at some nice charts with room to run. ANF like UA are looking good. Of course a correction is required before pushing higher.
Baak on March *th I posted this chart warning of a break of trendline wave 3 Since then it has drifted lower while building a sweet bear flag, Simple risk-reward setup. Short on a break stop of it pops back into the bear flag, No break no trade. Remember this is my diary you all get to peek in on. :) that means my analysis is on going to track my progress....
Unless we get one more up for a double top, mortgage rates have topped out after breaking bearish rising wedge structure. Note topped out does not mean it will collapse. it will take time for rates to drop further.
Huge bear flag forming in Coin. All that is needed now is a hook to form in the most recent move-up to validate the structure. Better to be out of the market with locked-in gains wishing you were in, rather than in the market wishing you were out losing profits.
I have been pounding the table in TNP for years now as a long-term investment. int the 52 weeks it has risen almost 100%. Now it's on the verge of breaking out of a major 14-year structure that could produce massive profits. At the peak of the Markets TNP was the last value play left. since then it has performed unbelievably well during market turmoil.
Agriculture soared 75% from the bottom in 2020. At the time no one was praising the low food prices. (Funny how that is.) Prices have not been particularly relative to historical levels. However, the rate of change (Speed) of the rise in agricultural commodities was rapid. This caused people to take notice and freak out as a result. Understandable in an overall...
Revolving credit skyrocketing is not a good thing as the interest is high. Short-term money creation is fun initially but repayment longer term is miserable and deflationary as money earned in the future does not go to consumption but rather interest. Despite all that revolving credit expansions we have not made new highs in the S&P. It is worth keeping an eye on...
As I try to explain in the video, learn how to extract information from the data do not try to apply your vague hunches and feelings TO the data. Both in charting and in macro economic analysis. The proof is in the pudding. Don't forget to follow and get more great objective content.