If we look at the log chart of silver, we can see a beautiful cup and handle forming. The fib 1.6 extension $84. I am dollar cost averaging into silver currently. Wish I had bought a lot during the plunge in 2020! Could silver finally break out of $50 per oz?
Gas prices are at a multi decade low and consequently energy is very cheap! Yet, when there is a significant divergence from the mean we can expect a Regression toward the mean. Energy prices probably will come back up, and we can expect, unless the company goes under, a return in share prices back towards the VWAP. I'm putting a small amount of my portfolio in...
Here we see BATS cycles with VUKE (Vanguard FTSE 100 ETF). It appears to be the time to buy BATS, but BATS could easily slip out of this Decade long channel...
Here we can see that, although weak, the BATS is not yet recovering, and seems to be stalling. If there was demand we should have seen a good V shaped recovery, perhaps this is a bounce off of some buy orders, and once these have dried up, a drop to the next lot? The MACD Seems to be in a channel.
I missed selling my BATS for VGOV as the right time, so I'm looking for a good position, but am unsure if this is a pullback or reversal. I'm going to use the Daily MACD as my guide to balance.
The chart says it all. This is support, and in real terms, the cheapest the share price has been. I've topped up a little.
Oil is moving up, and, like in 2006-2007 during the hiking cycle, we saw oil jump, pull back and then spike up 150%. So we could be seeing $100 per barrel soon. This is bullish for SQZ, and the price action shows this.
If I held and VUKE (Vanguard FTSE 100 ETF) I would sell it now to buy BATS. BATS is down 25% relative to VUKE and offering 8% dividend yield compared to ~4% for VUKE.
BATS is still stuck in this downtrend channel. After taking some profits at 2900, I'm waiting for the next bottom!
I've been waiting for the reversal on Palladium for a long time! We are seeing green on the weekly, but it might be a failed reversal. Regardless, one has to be in it to win it!
Buying USD assets has been expensive for us Brits over the last couple of years, is this point another low swing, and a potential buying point or are we going to see the USD sell off against the GBP? I'm out of USD assets, besides some VUTY, but they may have to be sold if this is a rejection of this previous supprt.
With earnings contracting and the consumer tapping out, and earnings season being upon us, I'm taking a gamble and shorting SPX. We went to the shops yesterday and every store was utterly empty of customers. I have never seen it so bad!
It's always a good idea to sell an asset when reddit and youtube adverts start popping up telling you to buy. Here we see gold, which is knocking back on the door of tis all time high. We also see a divergence in RSI, a MACD divergence and, from my view, this is the distribution popint. Unfortunately I didn't buy any, but on the first Red Heiken Ashi candle I'm shorting!
Platinum currently is nearly the cheapest it has been relative to Gold in the last 23 years. Just a quick look at the spread... Gold may drop more relative to platinum, resulting in a regression to the mean. So Platinum doesn't have to go up for this to change. Platinum may have demand in hydrogen fuel cells, so potentially a good future investment idea. It is a...
Here we see a great trading pair, the Vanguard FTSE 250 (VMID) which is very steeply discounted, and the IShares Silver ETF (SSLN). The only other time VMID was this cheap relative to SSLN was the 2020 crash. I've sold my Silver on this spike, and am tentatively buying VMID. I'm aware another Black Swan event and recession may be upon us soon, so I'm keeping...
A lot of announcements coming Wednesday the 12th, this coincides with what I have predicted to be the top of this swing. Therefore as a reaction to the news which I assume will not be great, a drop back drown to support levels. I sold out of a lot of my equities, besides my LTH, and will buy some BOND ETFS, and perhaps Silver and Gold ETFS, as they do look like...
Here we see BATS on the daily, there are three factors indicating the price may have found a bottom... 1) The RSI has formed a divergence, the RSI MA has hit the oversold 30 bar (which is a rarity). 2) The MACD has had a crossover, albeit in the lower half. 3) the share price has hit a key level, in it being the major resistance level prior to the breakout in...
Will BATS stay strong against IMB, or will they revert back to last decade's spread ranges? LTH could improve return buy swinging between the two with some of holdings. Not financial advice!