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G-CAP

SPX Looking WeakSo upon looking at several factors I believe the price of stocks are fully priced atm, and that 2900 was the top for the SPX, I believe the bottom will be around 1580 or 1800 and will take about a year for us to reach the bottom, so by the year 2020 we will see bullish momentum again and that is when I will be looking to enter stocks again. Right now in my opinion the best asset to hold is bitcoin and gold, Reason for 2900 being the top, 1. End of 5 wave count based on elliot wave analysis 2. Stocks are overpriced based on Marketcap over GDP 3. Time analysis, we have been in a bull market for 10 years 4. Stocks look similar to the late 1930's
SP:SPXShort
by StevenRodas
18000 for Chinese stock small cap in the next few yearsChinese stock market has been in bear since 2008, equity financing is shifting to debt financing, while US market is shifting from debt financing to equity financing, US interest rate going up, China interest rate going down. Housing estate already in huge bubble, stock is a place international funds not really paying attention to, this market has huge potential to the upside, the PE ratio for this index merely 19, lower than 99% trading days in the past, I have a good reason to call here the historic bottom.
3Long
by popshvt
1
88Fib = 88% Total market cap = $80Million?? Is it possible?As an investor if crypto myself and more recent analysis for potential entry points on the new bull cycle i had been noticing alot of my analysis targeting the 88 fib retracements. im quite surprised to see the market retrace so far but then again this is volatile crypto. as i was conducting my analysis the thought crossed my mind, what if the total market cap also reduced by 88% from its peak? wouldnt that be approx 80mil? Currently we sitting around 350mil. what would the market look like if total market cap reduced to 80mil? is it possible? does it makes sense to happen? at thus stage it doesnt make sense to me however if across the crypo market coins reduce to 88fib, shouldnt market cap also match? im hoping this doesnt happen bht we should also be aware of the other side of the equation. i mean an 88fib retracement across the board would provide some absolute awesome entries however what would appear like the end of crypto at that stage? Like to know any thoughts on the subject and if any . i am totally bullish across the crypto market hiwever im also looking at the current cycle unbiased and trying to see where/how far this bear cycle extremes can really go to.
BITSTAMP:BTCUSD
by joe2411
3
MOBL Long for potential breakoutI'm still a noobie, so any input would be well received. I'm long MOBL late on the upswing during today's power hour. Entry is 3.61, 500 shares but looking for a clear breakout above 3.62 to 3.65 even though the HOD today was 3.75. Will sell into pre market or potentially hold into market open. Guidance on this ticker was elevated for an October 27th earnings report. Possible short in a few days or a few days after positive earnings depending on the chart at the end of the month.
MLong
by BrucewayneTrade
1
Monday Funday: CAI Pennant Pop; Strong Risk-Reward (8:1)This is one of my favorite trades. A clear pennant forming which will be looking to break around 2/3's the way through the triangle(that's my general rule of thumb, the more it trades into the apex the less decisive and powerful the break). Easy to read upside, a nice tight stop, with a good risk-reward. In addition the stock is relatively small and nimble, and lacks incessant news coverage which tends to dull technical patterns. How to trade it? - I would buy in half at $24.00, with a stop in at $23.54 below any solid support/50 ma. Roughly a 2.2 risk-reward into the upper resistance. Stochs look oversold and ready to turn around. - A break here and I would buy in my second half, confident with my cushion below me. Be sure to look for a surge in volume to break the volume downtrend and confirm the break. Don't be surprised if it comes back down to retest as support. A full measured move of the base takes CAP to $27.60 for a whole trade ratio of about 8.1 - Given a breakout, a liberal trailing stop would be a good idea. $3.60 up to $0.45 down in a perfect world, cant beat that.
CLong
by BeardTech