Those dollars that the US government owes must be inflated away! As paying back 33 Trillion dollars is not feasible in today's version of dollars. So they must be paid in even more worthless dollar currency units. If the US government stops spending they will send the US economy into a recession. They must continue to pump money into the economy and the stock...
$TSLA has had wild swings in valuation from under 2 times sales and over 20 times sales in the past few years. Granted, you have to know the future to know what the sales are, but in 2019 it was insanely cheap just as the Model Y was just starting to sell. The MODEL Y is why Tesla has done so well in my opinion. It has dominated and is still growing insanely fast...
Trends and price targets marked. Things are overextended Potential to bounce back and catch more upside even with the overextension. Guideline is more for backtracking, but it could potentially look something like this. Follow trends and price targets rather than guideline, it is more to get an idea of what things could look like. 247 or so looks like a top to me...
Potential Narratives: 1. The Fed truly pauses and starts to ease, creating easier money conditions, money printing 2. Election year may be bullish for assets, metals have lagged 3. De-dollarizing theme globally is favorable for metals 4. More global conflicts potentially could cause more US debt, which favors metals 5. Weakness in the economy can cause metals to...
English Right now, we are having very bad news for the crypto market, special with the Binance issue with the US regulators and Binance`s CEO had to abandon his position, it looks like agood moment to get the open liquidity which was open after those big bullish movements. There`s a debt in the 78% fibo extension which I believe is going to be taken after some...
English I´m going to make an analysis on a monthly timeframe looking for our market structure, we have all the HH and HL with at least 50% of our fibo retrament. We take a look at the fibo retracement to see where could I take profits when the price breaks the last H and we found two interesting zones (-10% and -27%), that is a rare way to use the fibo...
Credit Card Defaults Last rose 1994, 2006, slowly in 2016 and now a rapid incline of delinquency rate of 2.77%. I do foresee this trend to continue to the upside. The momentum of higher rates has contributed to the pressures. The rise may not be linear but the upside certainty appears to reach 3.25-3.5%. We'll keep monitoring
English First of all, I looked at the market structure, we have a pretty clear bullish structure, the first HH and HL were OK in its structure without any debt. Then, looking at the next HH and HL, we noticed that the price didn`t cover at least the 50% of our Fibo, so we still have a nice zone to keep an eye on it for future bullish movements. I used the fibo...
English First of all, I looked at the market structure, we have a very clear bearish structure since the 70´s and I looked at the last fractal to see the possible movements and debts the price may cover in his path. I saw the last movements during (The LL and LH) that last bearish movement that the price didn´t get at least the 50% Fibo´s, it happened with the...
Ever since 2008, the world shifted more to the world of collateral and distrust, after the world of unsecured collapsed. Treasuries are dollars are in the future. As long as uncertainty remains high (or increases) there will be a place for government loans. Treasuries yielding near 5% on most maturities is "good enough" when compared to the historical 7% ish...
The "real value of the US Gov't Debt" is a different way of looking at our situation through rose-colored glasses, but it is a fair analysis. If we "adjust the debt level for inflation" as measured by the CPI Index (All Urban Consumers Index) from the beginning of the series back in 1966, you will have a line that is grinding SIDEWAYS since October 2020 at a...
When we look at the first chart the Margin Debt with brokers (aka how much the brokers are deploying margin) - we see a positive relationship with the times when brokers are on margin (aka buying a lot) and the market going up. When we analyse the Rate of Change of this stat for the last 15months we can see that currently we are getting to a state of bearishness...
In these unpredictable times, it is crucial to strategize and safeguard our investments against market volatility. While some may shy away from uncertainty, smart traders like yourself recognize the immense opportunities that lie within. By focusing on defensive market sectors, we can position ourselves for success, even in the face of adversity. So, what are...
Global debt reached a record high of $307 trillion in the second quarter, despite higher interest rates limiting bank lending. The United States and Japan were the main drivers of this increase, according to the Institute of International Finance (IIF). The IIF's report revealed that global debt in dollar terms rose by $10 trillion in the first half of 2023 and by...
PRA Group is currently trading above a Support/Resistance Congestion Zone visible on the Weekly Timeframe, and at this zone it has formed a decently sized Bullish Shark pattern with a Bullish PPO Arrow as confirmation, and this all happens to align with the all-time 0.786 retrace. If this plays out, I think it could come back up to make around a 0.886 retrace,...
More debt leads to more devaluation. Its math. Thats why prices rise. Thats the magic trick we never learned in school. The game is designed this way. The machine harvests energy and keeps running. Debt is created by gov and spent into economy. Banks generate loans. Asset prices rise. Taxes are generated. Those who dont play the game find their purchasing power...
The chart is self-explanatory, discending channel, weak support and triangle pattern, when NYSE open i expect a break to the downside.
Peoples are already tired of news about the debt default of country, whose currency has a reserve status in the world. We are tired too. The circus of raising imaginary debt ceiling was completed on Saturday. Biden and Republicans agreed to raise the national debt ceiling. US default averted 🤡🧯 The House of Representatives will vote on the document on...