I enjoy trading DRIP and I believe long term, oil is worth less than today. ESG is a movement that will continue, especially when it comes to China and India's eventual and inevitable higher participating in the space. Day trade DRIP, but do not hold. The issue arises from the cost to roll the futures and the cost to leverage the future or ETF into a swap that...
One of the best long-term performers in the stock market is the semiconductor sector. With a strong likelihood that AI will change the world in the next 10-20 years and disrupt every other industry, there are big profits to be made in semiconductor companies that are heavily invested in AI research and provide the processors to power it. That said, the current...
UGAZ has been down-trending recently and now is consolidating. Winter is coming up soon so that will drive the demand of natural gas up. There is a near-complete inverse head and shoulders pattern 10 day MA is good. There is now a couple of dragonfly Dojis which is also good. Ultimately its showing signs of a reversal and is offering a 7:1 Profit/loss ratio which...
The junior gold miners' leverage ETF has been making a long-term downward trend line since September as the dollar showed strength and gold showed weakness. Surprisingly, gold and JNUG have stayed in their downtrends despite dollar weakness throughout the month of October. That's presumably because the dollar index, now at 97.48, has a support trend line...
Biotech has had a hard time of it lately due to both political risks related to the election and litigation risks from the opioid epidemic. All of this, of course, on top of broad market weakness due to the China trade war. However, biotech earnings are better than most sectors this season, so the bear market likely won't continue forever. I've drawn a trend line...
One of the best ways to outperform the market is to buy the S&P 500 (SPY) or a leveraged S&P 500 index fund (UPRO) and simply hold it for the long term. However, the price at which you enter such a buy-and-hold trade is extremely important. If you get a price that's 50% cheaper, you'll make 100% more money over the lifetime of the investment, because you'll have...
A recent survey of analysts by FactSet revealed that we're in an "earnings recession" right now and that it's expected to get worse in the next quarter. Certain sectors have been particularly hard hit, namely mining and semiconductors. The sectors that are expected to report the best earnings this quarter are healthcare, utilities, real estate, and gold. These are...
SOXL attempted a breakout above its channel and above April's highs, but got rejected and dropped back down to support at the 50-hour moving average. Here it's showing renewed strength, with volume turning green and candlesticks looking bullish. I think it will make another run at 202, this time pushing through to previous highs around 208. SOXL has strong...
Long with tight stop loss. Finished short. Let’s get this moon back up to 13.8k (again) 14.5k Or Bullish parabolic target at 16K! #NoobAnalysis
In my last post I mentioned that JNUG performs better when it closes above the Hull Moving Average . Today it moved decisively above the Hull, which I'd usually take as a bullish indicator. However, on this occasion, I don't trust it. The price of gold tends to move opposite the market. The market is down today for reasons of seasonality . Today (June 12) is...
The Junior Gold Miner's ETF performs better on average when it closes above the previous day's Hull Moving Average than when it closes below. This relationship is particularly strong in the months of June and December, historically JNUG's strongest months. (Anticipators of gold's historic June strength likely drove gold's bull run on May 30-31.) Today JNUG...
Why I’m bearish on Gold and Gold Miners in the short to medium term: All the following items provide a positive market sentiment, and a stronger willingness for investors to allocate money to risky assets such as stocks rather than safe haven assets like gold, and therefore selling of gold miners. 1.) Still strong US economy, based on the slew of positive...
Ive been wrong a few times on the formation for EDZ but I'm sure this is my final post. A near perfect Gartley has formed with price reversing right at the AB=CD 1.00 projection and a near perfect 0.618 point B. Right now would be a good time to enter the trade since price is retesting the PRZ. I'm trading this one.
XBT is really F****** up everyone's emotions, yet it tests perfectly the ceiling and resistance, we should soon see an outbreak.
EOS is nearing the 276 day uptrend which has held very strong and bounced off aggressively. We are also nearing a previous daily close meeting the trendline which is high confluence with oversold RSI conditions and volume squeeze. Leverage, 2x. Entry: 977 - 1020 Targets: 1300 1630 1950 2350 Stop Loss: Close Below 830 Risk:Reward = 14.5% :...
My ideas are in the chart. What do you guys think? -Kristian Edit: The 12pt font within the idea seems hard to read, not sure why, it usually doesn't. I think it might be because of the way I positioned the chart, or the fact that there's also larger font. Either way, I'll try to fix it for the next idea.
Check the chart. Make the trade.
im longing here NOT SURE IF im taking this one yet #bitmex #ada $#ADAH18 LEVERAGE :20X, 20:1 Risking: 100.00 Chance to lose: 60.00 Chance to gain: 600.00 RISK2REWARD: 10:1