GBPCHF market jitters for the tomorrows Pandemic Budget GBPCHF market jitters for the Pandemic Budget
due out tomorrow , it will be as what you would expect in a global pandemic it to be cuts will be made taxes will rise for all this Corona support money has to come from somwhere !!
GBP has had a good run of late due to its fast and swift Corona vaccinations with over 20,000,000 have had their 1st dose and cases seem to be going down thank fully
Although tomorrow Budget will be tough , it will not be a shocker
we will trade this 1 FIB level @ a time and then anticipate a possibly pullback up
happy trading and many pips for you all
Corona
What might happen to the market in coming weeks/monthsThis is my favorite analysis
I give my qualified bid here on how NASDAQ and the market are going to evolve.
the graph is very similar to the financial crisis and makes exactly the same pattern, on top, bottom, RSI and MACD.
10-y bond have fallen and as I wrote in my other analysis, bonds will return to 0.95 and up again to 1.5. it's making a cup and handle now.
Follow the dates on the 1,2,3,4,5 wave and compare it with 10-y bond, and financial crisis(15. march 2011 to 17. june 2011).
Covid vaccine play 🚀🚀🚀VBIV CEO Baxter said on a feb 5 2021 podcast that human trials were to begin in the next couple of weeks for their single dose monovalent covid vaccine vbi-2902, which received $56 Million from Canada to produce a vaccine. Today moderna announced forecasted sales of ~$18 Billion just from covid vaccine sales. Once VBi announces initiation of human trials for the ph1/2 study planned in Canada, I’m expecting a sizeable move to the upside.
Cup and handle - handle retraced to FIBO 618 retrace net which is a nice area to see bounce. I see potential to test The previous high of $6.98 as perceptive advisors did not sell any shares after loading bigly sub-$1 prior to that run which was over 1000% incl trade for them. This shows they expect SP to move significantly higher or fhey would have sold a percentage to re add on dips after that massive run.
With all the catalysts in 2021, GBM treatment with eVLP , SCI-b-vac and hepB therapeutic, pan-corona vaccine and this single dose vaccine, I see no reason why this can’t be double digits by year end.
Please like and follow! 🚀🚀🚀🚀
Disclosure: not investment advice as I am not a financial advisor. This information is to be used for educational purposes only.
Oil is Still a Good Buy at this PriceThe Price of Crude Oil has recovered after an awful 2020 year. With a new president elect bringing new sanctions, there is a lot to like about oil even above $60 a barrel. The massive decrease in supply due to the shutting down of the Keystone XL, will cause a continued uptrend overtime, similar to the one we are currently seeing regardless of demand (which is relatively low all things considered). As mentioned before while oil hasn't seen a huge relative shift in demand since late 2020, with airlines and cruisers opening on a larger scale as the corona virus vaccine is distributed in many first world countries, a continued adjustment of price is likely to follow these reopenings. Furthermore, with similarities in policy between Joe Biden and Barrack Obama, Oil could be worth $90 a barrel again by 2023. This of course would be a result of a full reopening which seems clouded at the moment by new COVID cases occurring, but a direct result of this is a slow recovery of the dollar and this is what allows for this thesis to be more sensical on a short term basis. Between inflation rates and economic scarring, as well as the fact there is a new stimulus bill on the way, the US economy is receiving large amounts of money inflow thus drastically chaining the value of the US dollar, while the impact may only be a small hitch to overall recovery of the dollar, the near term liquidity in cash across the US makes has made for higher prices across the board (Gold, equities, consumer goods). Yes $90 a barrel seemed unlikely/near impossible a year ago but things have changed since then and with new policies (may they be energy friendly or not) oil is bound to see a bounce. My projection would be $75 a barrel by the end of 2021 and possibly $85-90 by the end of 2022 be that if my thesis holds true.
Why $IFMK Skyrocketed in February? indoor dining shutdownsWhy $IFMK Skyrocketed in February
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
$IFMK shares were buoyed — thanks to discussions and speculation on Twitter and Twitter hashtags at the start of the month.
iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores.
The company generates a majority of its revenue from its retail segment.
The other positive factor for the $IFMK is the surging Food delivery in NYC as indoor dining shutdowns continue (based out of nyc), due to covid 19.
www.benzinga.com
twitter.com
ast-btc bossmethod all signs poing up.. im bullish what u thinkboss method created by bk kelly the boos man..... taught myself to beqat the market and it works... in googöle type boss of bitcoin ans go to buudy site and u can learn the method also....
I AM NOT A FINANCIAL ADVISOR::: DO YOUR OWN RESEARCH THIS IS JUST MY OPINION:: BUT THEN AGAIN BOSS METHOD ALWASY WORKED FOR ME::: CHECK IT OUT BOSS OF BITCOIN ON GOOGLE::: TELL HIM MARCELO SENT U FROM GERMANY LMS BINANCE:ASTBTC O
OCGN - how to play the COVAXIN news !OCGN:
What do they do: mainly focus on developing eye disease therapy. they stepped into the Covid vaccine play and they have a strong product coming – COVAXIN –get this : vaccine can be at room temperature that is huge! transporting and storing with cooling can triple the costs and Pfizer’s vaccine has to be in cooling conditions and if I am not mistaken – double-check me on it – except AstraZeneca all of them need cooling. The vaccine of Ocugen is in cooperation with Bharat Biotech. the vaccine is supposed to be stronger against different strains of covid that are emerging …. The reason for all the noise is in the fine print -they closed a damn good deal on the sales in the U.S – they will receive 45% of profits with no upfront payment (someone was drunk when he agreed to that deal LOL)… so price target given by Roth Capital is 8$ -don’t agree – I think in the next year if all goes well this stock is above 15$ if we factor in the “meme” market going on could be much more and much faster but let's stay conservative.
Ok lets talk shop – technical:
POC (point of control) is not good – 3,18 but I am certain it will rise in the upcoming week – remember POC is like a “magnet” it will attract the price to it for obvious reason.
Volume: average volume is 63M, last 2 days trading above 100M.
50% line of retracement is 3.95 (round it up to the 4$ area – its always areas not specific numbers ) which means we will need to see the golden number getting touched sooner or later (again consider “meme” market conditions are extremely abnormal)
4.5$ -6$ needs to be retested – there needs to be a retracement to that area with some sideways trend before we can say let’s see 8$ - in normal market conditions….
Notice on the chart the yellow square showing ling upper wicks meaning buying power got very weak – matches the volume orders on the left (the colors are somewhat faded meaning it needs accumulation), reversal signal.
The red box in the lower part of the chart is the forbidden zone – it is the other side of the POC and the stock flew through that price too quick so if we see a pullback to the POC line we may see a sell-off to that area- don’t believe this will happen so soon as sentiment is very high
Bottom line – I think we need to see some pull back the upcoming days before the stock goes higher to the next level of 7$-usually happens after a 2-3 days rally and once that is done we can target 7$+.
Please keep in mind we are trading on a very speculative market and everything is highly inflated along with 1.9T $ coming and meme trend this is a very risky market and using my analysis on it can mean shit because it is NOT BEHAVING like it should at all !!
FDGT will wait for a pullback before entering as the trend doesn’t look healthy
This is not a recommendation of any sort
Trader safe and be safe – we are the traders union and we trade by our own rules!
DOW JONES INDUSTRIAL- ELEVATOR DOWN 11%DOW JONES INDUSTRIAL AVERAGE INDEX
1Hour Timeframe
Short term idea: SHORTING
Hello there and welcome!
This one will be a quicky:
-RSI: We can observe, RSI making lower lows as well as lower highs. The price
-Volume: Volume is decent, but declining. It is weaker than the days before. Might turn to a bearish trend, when it first lowers and then rises while dropping to the next support zones, at what point we want to see high volume again, to determine a (temporary bottom).
-Fibonacci Tool: The Index is at the 50% retracement exactly. While we dropped down from the all-time high, this is the retracement. In this retracement, we are currently back up 50%, which is an absolutely normal counter-move of a big bearish drop. In most cases, the bear trend continues. I would not give too much about the fib-levels, though many people using it, there might be some information about market behavior.
-As you can see, the market tried to push through the 50% retracement level 4 TIMES. This is the fourth time, and each attempt became weaker and weaker...
Expectations: I expect a decline to 20800 in the coming days! From that point, we will manage our trades again and rethink!
Have a nice day,
your german-quality-trader
Corona(Covid 19 vaccine) stock that can explode in 2021A little-known biotech is trying its hand at developing a coronavirus vaccine. Can it succeed?
over the past year, Vaxart stock has soared over 1,250% because of its spot in the lucrative coronavirus vaccine race.
Its stock performance even outpaced those of biotechs that have already brought their coronavirus vaccines to market, such as Moderna and BioNTech.
In fact, over 30% of Vaxart stock has been sold short.
Vaxart claims to have created an experimental coronavirus vaccine in the form of an oral tablet. One could potentially self-administer the vaccine pill, which is stable at room temperature. This would allow patients to order the vaccine online and have it delivered for at-home use.
At the moment, Vaxart's experimental coronavirus vaccine is only in phase 1 clinical trials, with a new data readout expected by next week.
Unfortunately, it's impossible to conclude how the experimental vaccine will work on humans from animal models. Hence, the candidate's phase 1 data release will likely be a make-or-break moment for Vaxart.
Vaxart is under investigation by both the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) for insider trading and inaccurate statements regarding its role in Operation Warp Speed (OWS).
Even though Vaxart has more than $133 million in cash and equivalents with no debt whatsoever, that's not nearly enough to move forward. Right now, it could cost billions of dollars to run a potential coronavirus vaccine through clinical trials involving tens of thousands of participants. The company will likely sell more stock to pay for its research and development (R&D) expenses or apply for grant funding -- just to stay afloat.
Vaxart is far riskier than the other coronavirus vaccine drugmakers out there. Its corporate conduct is under federal investigation, and its vaccine candidate is in far too early a stage to draw any definitive conclusions about.
With a market cap just south of $1 billion, it will undoubtedly become a very undervalued stock if it can bring a coronavirus vaccine to market. Moderna, which has done so, projects $11.7 billion in revenue from its mRNA-1273 vaccine alone. However, the probability of Vaxart achieving anything remotely similar is up for debate.
Short-sellers and passionate bulls will be arguing over the stock for the next year. If you believe in Vaxart's science and have the stomach for a roller-coaster ride, then go for it.
Was Corona just a bad nightmare or is it real?Corona is regarded as an overall bad thing for economies world wide while at the same time not being reflected in the stock markets.
How come both companies and people have taken economic damage due to Corona, while still not being reflected in the stock markets? It simply does not add up and a correction will be made sooner or later. The stock market is currently unaffected by the real world effects of Corona.
It's like Corona never happened. But Corona did happen and still does.
Ask yourself if the economy of people around you has gotten worse or better since Corona came knocking on our doors. Poor people won't make a strong stock market.
Furthermore, all of these stimulus investments in the Stock market are insane. Why isn't the money used to invest in the real world? Because it's all about short term money and competition.
The fight is on and the losers are still few but that will change when reality catches up. This skyscraper will fall.
$RSSV PT of .50-$1.50+ Based on Valuation and Upcoming CatalystsO/S of 109,000,000 Float of 32,000,000 $24 Mil in assets+$18Mil-$11 Mil = $31 Mil valuation/109.9 Mil O/S = .283 Stock Valuation x PB Ratio of 3 = PT of .846 PPS
The company has real assets, products, sales and patents. A pending acquisition worth $18 Mil in assets and $11 Mil in liabilities. They have 311 Oil and Gas production products, 30 Coal products and 251 Healthcare products. Also upcoming fins next week.
This thing went from .035 to .60 in 3 days last time on news in July, I anticipate the next news to drop will do the same here especially with the chart buildout it has now. Will continue to add under .10 for possible .50-$1.00 move.
Possible Stock Market CrashNow this an interesting one,
Traditional Markets Closed last candle very bearish as shooting star and with selling pressure,
also we closed below the previous candles close, indicating more bearish momentum,
We also confirmed the 4 drive bearish RSI divergence, which is hefty
After the first bearish divergence we had on the monthly we crashed about 21.13%,
1 Year 1/3 later we had a third crash caused by corona and a 3 drive rsi divergence, which is about double as big from last crash
Now we confirmed a 4 drive rsi divergence, and the government initiating a second lockdown, aswell as the elections happening,
We very well could crash a third time and this time looking at the previous crashes, this would put us at 1720
Bitcoin Holds Up StrongBitcoin refuses to go lower; the 50 EMA acts as support and holds the coin above $13,000.
On Tuesday, Bitcoin broke its short ranging period between $12,650 and $13,350. The coin went up to $13,850 but failed to achieve a vital breakthrough at the $14,000 level.
Coronavirus and Bitcoin
BTC’s failed breakthrough and subsequential downturn may be in part due to the stock market experiencing a severe pullback this week. On Wednesday alone, the NASDAQ 100 was down 3.5%, which is a severe downturn for a single day (the European markets have been faring just as badly). If stocks continue to tumble amidst the fear of Coronavirus, they might drag Bitcoin's price down along with them, as they did in March. Therefore it may be a good idea to keep an eye out and see how the situation develops in the equity market. If the $13,000 support breaks, then we could see the price retrace to $12,100.
Upward Potential
Although BTC has so far been unable to break the $14,000 resistance, this does not mean that it won't do so. The fact that the coin is still holding above $13,000 holds weight. The 50 Exponential Moving Average (EMA) is one of the best indicators to identify Bitcoin's direction on the 4h chart; it is currently below the price, indicating bullish momentum. The 50 EMA is now acting as support and represents suitable entry points for traders looking to jump in.
If Bitcoin manages to break the $14,000 resistance, then there is a minor resistance around $15,000 and a major one around $16,000.
End of 2020 predictionI feel first target is consolidation up towards 14k ish if bullish breakout its 20k easy otherwise we go down to channel bottom at 12k ish. Double top at 14k and monthly bear down to fib and/or wicks down to liquidate margin longs are possible, tons of fake outs and generally spastic price action.
At 14k im gonna put 30-40% of my portfolio at stop loss to take profit(from 8-9k investing range) and enter shorts to hedge against bearish price action with accumilation points at 11-10k, 9600, 9k, 6.5k(i am bull bias 80%), if we dont get triggered on our stoplosses and price only goes up, we continue to accumilate passive btc but with stop loss to convert to usdt at breakeven. Basically use btc purchase to gain interest instead of holding cash.
tldr below 20k its perma buy and hodl but good entries=more btc
pss personal strat post will update weekly/monthly with screenshots on how it plays out