Could be right; could be wrong. Is it worth the risk?
'Twas a market full of bulls, In a world of delusion, Then came covid, To super charge the illusion. The Portnoy gamblers, The Wall Street betters , The Tik Tok traders, The gamma squeezers, One by one they arrived Dreamin' of the YOLO Or quivering from the FOMO Fueled by the FED And their MMT! Nobody gave a hoot about reality! Been a while folks. Time to be...
Ladies & gents, it has been a gruelling number of weeks waiting for this second wave bear market rally to complete, but with the drop over the last two days and this morning, I am convinced that we have entered the next leg down. As promised, I am now posting my overall outlook for the bear market which I believe will initially last about 57 weeks. I will...
Visual analysis strongly suggests the Russell's rise from covid crash is a three wave fake MMT induced wave. If that's the case, what might come next? This is just a wild guess. Could be completely off my rockers.
"They" have stretched the corruption, greed, delusion and mania to the limits of human imagination, all the way to the very end of my technical triangle. It should end about here. One day truth shall return and the false narratives around the world about money, viruses and vaccines implode. Beware that I have been wrong many times, but no matter what, I still...
Will the gambling out there ever cease? Can a 100+ year stock index chart tell us anything? Can unrestrained money printing solve world hunger? Will EVs really be part of solving our energy crisis? Will crypto become "useable"? Are NFTs the future of art & music? Have we conquered viruses with our "well-tested" inventions? Will we migrate to the "metaverse"...
Remember that childhood story where the shepherd cried wolf too many times, then nobody believed him when the real wolf came? Just sayin'... Maybe this time it's the real wolf.
I see something very wrong with this chart amongst others from an EW perspective. Is it still possible that the entire rally from March 2020 lows was a corrective *mania* 'B' wave (expanded flat)??? This would usually be followed by the dreaded 'C' wave decline, typically 1.6x the 'A' wave. If this is true, it will take many investors by complete surprise just...
What better source of entertainment in a covid paralyzed world than gambling? Gamma squeeze away!
From an eagle-eye perspective, this is the most suitable wave structure and EW count I can see now. It lines up perfectly with W.D. Gann's astrological predictions, the economy (entering recession) and the current social sentiment (nearing end of mania). I believe bears were correct in saying that the March 2020 peak was the *true* end of the 13 year bull...
She is attempting another strike at the triangular resistance wall. Will she breech and take back control of the market??? I would pay attention if it happens.
Yields spiked past their March 2020 highs overnight. (This chart is inverted). Many believe this will be a sign of hyperinflation. To me, it is a sign that the FED has been amputated of its second last magic power (ie. moving to negative rates) and therefore they are losing control of the financial markets. If they want to keep this shenanigan going, they...
If this GME short squeeze holds into the regular market hours tomorrow, then I suspect it will be an official declaration of cyber market war between the distributed grassroots "wall-street-bets" folks and the centralized financial institutes, which include the government, the FED and (some) hedge funds. It may be the final trigger needed to finally make this...
Anybody notice this, or are all eyes laser focused on GME and covid? This is fire alarm 100; but it is a major rupture. Ignore at your own peril.
There is little doubt in my mind now that we are approaching the market top of tops. What better wonders to throw at it than the dream of an electrical world, civilian space flights and a bunch of youngsters calling out the institutions for their corruption and initiating a war via a traditional brick and mortar gaming store? Whatever this becomes, it may...
The second war between the Dragon Train (market up) and Phoenix of Devastation (volatility) has begun... exactly on year later. Don't ask me who will win. I don't know this time. All this is just an educated guess.
Was Melvin Capital Lehman Bro's V2.0? Both my long term bullish and bearish paths are shown; but market is getting ready iffy now so I put my weight back on the bearish path.