Hello Traders, Checkout the latest update on Nifty and BankNifty after Hindenburg report on SEBI chairperson and Adani
Adani Port and SEZ full Elliott wave analysis. The chart is a learning chart, those who want to learn can gain some knowledge of Elliott wave analysis. Keep in mind that all bad news in any financial instruments are suppose to come in wave 2 or wave 4 that is the corrective phase of any instrument. This chart does not constitute any buy or sell...
In the Blue Corner: Cathie Wood Who is Cathie Wood? Cathie Wood is the founder and CEO of Ark Invest. One of the most popular investment management firms that focus on growth sectors and long-term, high-reward investments. Wood is the former Chief Investment Officer at AllianceBernstein, but left the company in 2014 to start Ark Invest after her popular...
CLOV has not received much love these past few weeks after the short report from Hindenburg came out, but I believe that the short report does not hold much substance as well as the fact that CLOV had posted phenomenal earnings. CLOV stock had dropped about 12% after reporting great earnings but weak guidance for 2021. CLOV is also being investigated by the DOJ...
Well Nikola is a classic example of what happens when a scam gets too big. Newbie investors hop on board, who are misinformed and think, basing their opinion mostly on mainstream media articles, that Nikola will be the next Tesla. Unfortunately the mainstream media is totally clueless, and it becomes more and more apparent that Nikola is and has been an elaborate...
Last week there were perfect conditions for Hindenburg Omen indicator. Markets seems unstable at the moment, > 3% of stocks marking both new 52w highs and lows. The Hindenburg Omen looks for a statistical deviation from the premise that under normal conditions, securities are either making new 52-week highs or 52-week lows. The abnormality would be if both were...
I follow a CFA from Charles Schwab, who uses this signal to establish negative or positive sentiment. To notice how it worked in the past, I have added the S&P500 trend line. The idea is as follows: When the upper Bollinger Band (with a 50 period and 1 standard deviation) on the $VIX turns higher, that is a bearish sign, and when it turns lower, the SPY tends...
We continue writing a series of posts on the possible collapse of the US stock market. We have already written about the gigantic gap that formed between the growth rate of the US stock market (especially its technological sector) and the growth rate of the country's economy. This is a classic example of the formation beginning of a price bubble, which, at the end...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that...