Anyone itching for some hopium? You'll love my newest batch!What if 2017 was more like the first bubble of 2013 and we are moving slower, not faster. Could that pink line will tell us where the next top is? Or what if we are at the bottom of a gigantic pitchfork and in the process of forming a Big W ?
Some math comparing the bubbles:
4/12/2013 = $45.30
4/10/2013 = $259.41
-82.53% in 3 days
Duration: 4/10 to 10/12 or 185 days
Bull run: 1/10 = $14.50
3 months +1,789%
5/19/17 = $2,000
12/15 =$19,671 +983.55%
2/6 = $5,931 -70%
50 days - 70%
2017 bubble was 54.94% as much gainz as first bubble in 2013.
If next one 54.94% of the second bubble (pink line) then
$1,163.70 = +449% from previous ATH’
$19,689 x 4.49 = $88,410 per Bitcoin
Bubbles
Bubbles everywhere: Current risks to the US stock market rallyPick your poison, I mean your favorite bubble:
real estate (Vancouver's housing bubble)
student loan debt
tech stocks and startup unicorns
bonds
I just picked some random news articles for each bubble. In case I forgot one major bubble please tell me in the comments.
Real estate: Chinese Media Warns Canada's Housing Crash Will Put U.S. To Shame
www.huffingtonpost.ca
www.advisorperspectives.com
www.advisorperspectives.com
The $1.3 Trillion Student Debt Bubble
marketrealist.com
www.advisorperspectives.com
Tech: We've officially reached the last stage of the unicorn boom
www.businessinsider.com
US hedge fund giant warns of 'biggest bond bubble in history'
www.telegraph.co.uk
www.marketwatch.com
Here are two bearish scenarios: A "the pullback" and B "the crash":
Short entry A: 2175 (or 2185) points
Target A: 2025 points
Short entry B: 2160 points
Target B: 1850 points
Stop loss: 2215-2200 points
Bubble Watchlist: 7 Energy CompaniesI found a couple of price correlated energy stocks which look like they are in a massive uptrend (bubble), but the very recent direction is down. Therefore I recommend to watch these stocks the next weeks if they bottom very fast or decline further towards the supporting average trend direction of these rapidly growing price trajectories (and then maybe rally even higher). The stock with the largest uptrend so far is NextEra Energy, Inc. (NEE) which is colored on my chart in bright lime green.
These seven stocks are:
NEE - NextEra Energy
DTE - DTE Energy Co
WEC - WEC Energy Group Inc
XEL - Xcel Energy Inc
CMS - CMS Energy Corp
LNT - Alliant Energy Corp
CNP - CenterPoint Energy Inc
Related news:
- NextEra Energy Stock Closed Down, Govt Investigating for Manipulating Market
www.thestreet.com
QE effect on Italy Stock Index MIBBubble from QE on Italy Stock index
Compensation loss index value
The devaluation of the euro is offset by index
06062014 index 22500 eurusd 1:36
180316 index 22500 eurusd 1:05
theoretical value index change at 1.05 is 17500. The QE and the weakness EURUSD have created a bubble in the value of 5000 points.. is not now but in the end the bubbles burst...
Launch preparation ? Close to break 6months log downtrendWe already broke the 6 months resistance on linear chart, and we are really close to see if log. one is to be broken or not.
So here is my all-time chart, where log. scale is to be used.
I tried to look how the pre-bubble periods materialized on previous bubbles.
You'll find in green the differents bubbles - timings ATH to next ATH.
In red I display the main resistances in those bubbles : look how SMMA/EMA crossing thoses
main downtrend lines used to announce the rocket launch.
If we broke the log resistance I expect a new ATH before next September.
On fundamentals : China's situation is settled, India now being able to get into bitcoin, US new full compliant exchanges on the way (supposed to open during this summer), also more and more ATM in big cities.
It's pretty hard to know where this possible new ATH will stop but using previous patterns
plus the alltime up/down trendlines (displayed in yellow) I would say 2500-6000 is a valid range.