Weekly Bearish Engulfing On The Real Estate SectorThis Real estate ETF looks like it's ready to rollover on the weekly timeframe due to it bearishly engulfing, being at a 1.272 fib extension, and the RSI trendline being broken after reaching overbought.
I will either be looking to buy puts in VNQ tomorrow or i will be looking to purchase shares of the 3x Ultra Short Real Estate ETF $DRV
Realestate
DRV - Long Feb 2022 $7 callsReal Estate starting to feel the pain in China as Evergrande implodes - How much longer before the contagion spreads? Weeks? Months? Clock is ticking.
DRV x3 Real Estate short ETF has a couple nice Gaps to fill at ~$12 and ~$20.
Stoch and RSI appear to be confirming a potential bottom/turn back up here on the weekly. AO also predicting a move up sooner than later.
Last few times the RSI got this low on the weekly - DRV spiked hard soon thereafter.
Adding to Feb 2022 $7 calls.
Not financial advice.
IIPR Double Topped Blowoff - Valuation Matters - **WEEKLY***rising rates environment is a disaster for large cap stonks & Ponzi Pogs. BUYER BEWARE- FWD projections!!! Gems make money TODAY & years from now!!!
#cannabisreform
#jobsandjustice
#gnln
#thegem
Can't seem to edit the "monthly" on chart to "weekly"
THIS IS THE WEEKLY CHART
FITCH NEWS - TRADABLE MAINLAND REAL ESTATE INDEX - HKG - DAILYCool down on big news as we can see, by zooming out, that the increasing price have found strong resistance and started a durable wide range.
The range is clear in this chart, the top is illustrated by the blue line and the bottom by the black line.
The bleu line is a resistance tested multiple times , repeat failed attempts leading to a price fall and possibly weakening the uptrend chances believes.
The red arrow shows probably where the biggest failure has happened. Mega high volumes and a nice wig.
The black line represents a probably super strong support. Beware of fake breaks, it has happened in the past.
The little dotted line shows possibly how the price is evolving trying to get out of the range.
Fitch news has created an interest about what impact this could have globally. For the moment zooming out we can see that it is just lot of noise for not much as this level have been reached several times before and was expected.
Now it is probably more convenient to observe this black line level and see what happen. High volumes involved would show a clear direction. Daily, Weekly, monthly : yes, but not to be observed in hourly.
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Thanks for the like and shares, really appreciated! This idea is not a financial advice but just a sentiment.
We might find support - EXPIThe trend is your friend. On a Macroish timeframe we have turned into a bullish reversal.
EXPI's business model, pulling in 1B in revenue that's all you need to know. The market is there and the growth is occurring. They just need to continue executing and expanding overseas.
Now would be a good time to add or open a position since Analyst Forecast is $100+ for this.
Support at $40, let's see how this plays out.
(Disclaimer: not financial advice, just a rational decision based on apparent facts"
NASDAQ:EXPI
Pop or Drop time. The 10 year bond compared to interest rates. (Sorry my chart is ugly) Any good trader knows what a descending triangle looks like and we all know what happens when it is compressed to a fine point- BOOOM. Unfortunately we are at the end of the road when the government will have to keep printing money at a ridiculous rate or they will have to raise interest rates and crumble the economy into bankruptcy. Based on this chart we have about 4 years left. I hope everyone is prepared because either way it's not going to end pretty. As a precious metal guy I'm going that way but others like real estate or crypto. I would only imagine these safer spots to store your money will start going up in value VERY soon.
VIX - Into Roll / SettelementTipping the Boat ahead of CT Roll is stock in trade for the VX Complex Options Writers.
Position Rolls across the Markets will have a profound effect this as we begin to square.
CASH/SPOT VIX shows further complacency as Volumes dry up.
RTY and NQ will lead to the downside as "Independent Producers" (SMALL Businesses) will
continue to be croaked as they have been since March of 2020 for the RUT 2K. As for Tech,
it is facing some large headwinds with respect to the current Rate Revolt and China's
heavy hand.
Warning Signs abound across the Spectrum, on balance, they are being roundly ignored by
the Junior Investor/Trader.
A FAT Finger trade is all but assured as Wall Street takes some Bacon off the table as
Uncertainty will begin to shake belief structures.
Financials theoretically should benefit from rate inking up, the ES and RTY would be positioned
to benefit the most due to the large Financial Component structures... theoretically :)
ES would likely catch the bid.
The issue we have with this basis - Housing has reaches extremes as the Crisis in Real Estate is
just beginning to unfold.
Law suits are all but assured as the Administration has come under fire from small Independent
Producers of Rentier Class profits... they are being squeezed and remain furious with a growing
intensity.
The Admin is clearly behaving in an Illegal manner in order tp maintain moratoriums on Rents.
An Executive Order followed by the CDC's rubber stamp would only further the Crisis and lead
to an increasing distrust of Lever Pullers.
Broke(n) - Operation Twisted & The Cocaine PhenomenaWhat brings about the Fear cycle?
A loss in CONfidence.
The TINA Argument has remained valid for sometime.
It is axiomatic.
Does one buy Binds with a 100% assurance of Negative Returns?
You first.
Does one protect their wealth in Bitcoin?
No thank you, it is a trading Instrument with ZERO intrinsic Value
relative to any price.
Do Central Banks enjoy Competition?
No... they permit it, but only to a point for a specific Agenda.
Their Agenda should be obvious by now.
Are they thinking about thinking about thinking about you and
yours?
No.
Is BTC a Tier 1 Asser on the Federal Reserve's Balance Sheet?
No.
Will Bitcoin see increased regulation and taxation?
Yes.
Why has Gold not kept up with the expansion in the Monetary Base?
It never has nor will it.
Gold has a function, it is non-monetary for us mere mortals and will
remain as such for eternity.
Wanna strap on a Feed Bag @ Taco Bell - try paying at Drive-Thru with
Gold.
Money is no longer money, it is a delusional promise to repay all debts
Public and Private - which ceased to be viable a very long time ago.
There is far too much Debt to ever be repaid with Currency.
What's left, the Largest Casino on the Face of the Planet - Capital Stocks:
Bonds, Stocks and Real Estate.
All at absurd Valuations.
If you can't afford a home, buy stocks.
If you believe Bonds are going to be left for dead one day, buy stocks.
If you believe it will all fail, buy Gold, Silver, Crypto.
Good luck as everyone losses a Hand in this complete disaster unfolding.
Everyone.
MATTERPORT IPO DEBUT w/ some TA on the 15 minute chartToday Matterport previously GHVI changed its ticker to MTTR and had a decent open with about 1.5 million volume up until it was debuted on CNBC by the anchor Josh Brown. Then we saw a huge pump up from that area and about 3-4 million volume traded after he said he wants to buy after earnings happen. He is bullish on Matterport but also wanted to wait for earnings to add. We have a few stages of the DE-SPAC process to go through here that can help a long term investor DOLLAR COST AVERAGE down.
Pipe dump, Warrant Redemption, Insider Lockup periods, and whatever else in relation to that process.
This made for decent long and short momentum plays today. A lot of swings came in hot on the CNBC news and sold off on the momentum and a lot of puts and shorts came in on that momentum to take over as the double top was confirmed. We saw the bulls and bears fighting at close to hold $15 which is broke to $14.96 end of day.
Was quite exciting to watch it all go down!
Vanguard S&P Small Cap Growth ETF - clear horizontal boundariesFour months range-bound, this low-volatility ETF includes 600 constituents and offers a tiny 0.10% fee for the more passive, but still risk inclined investor (these are small cap growth oriented stocks).
The pattern boundaries are clear, and volatility is relatively low vs. historical. Price action above $235 would confirm a breakout to the upside, while a move below $205 could reflect a broader selloff coming for growth stocks.
Constituents include companies like: Gamestop, Omnicell, Macy's, Chart Industries, 3D Systems, Agree Realty Corp.
Several of the individual constituents also have constructive charts, with subjectively clear risk levels, such as 3D Systems (DDD).
$GME, $GTLS, $ADC, $DDD, $OMCL, $VIOG
Why Im Watching Real Estate [VNQ]Vanguard Real Estate is showing some interesting things after quietly consolidating since early June. And now, it finds itself in the midst of a breakout of its previous all time high at $105.77. It is still very early, but if the VNQ can confirm any sort of sustained price action above the $105.77 price level on the daily and weekly time frames, fireworks could be in store for the REITs sector of the market.
It should be mentioned that VNQ's price action has not properly back-tested the always important .786 fib level ($99.35) I have plotted here. So a pull back to this level before having enough juice to push decisively through the all time high would not be out of the ordinary.
On the flipside, if the VNQ can get a close above the major level we are at this week, a setup for price to run to $124 could be in the cards in the not-so-distant future.
EXPI Just tested supportJust tested support around 32 dolla. Our avg price is $25.
We closed green today as the thumb of God helped us with support.
While inflation persists, if Real estate is set to continue it's trend , this stock should continue to correlate positively.
EXPI's Return on Equity is forecast to be high in 2 years (32.49%); analysts are confident in the firm's ability to efficiently generate return on equity/ROI for investors.
Tom White from DA Davidson also maintains a target price of $62.
Let's watch this unfold. Covered calls are also an option.
(disclaimer not financial advice, just opinion based on fundamentals and technical analysis)
$Z HUGE upside*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
I heard any interesting fact from a relative this past week; going forward, there will be no new-house listings under $300,000 in my city of Charlotte, NC. I did some research on that in my free time, and found that he was 100% correct. The housing market is oversaturated currently, both locally to me and nationally; there are more buyers than sellers. This oversaturation is causing any houses "worth buying" to be sucked off the market within a week of being listed; sometimes closing same-day! This paradox of houses closing sales so much quicker than average is a family may be able to sell their house within a week of listing, but unless said family has another residence lined up, they face the same trials and tribulations buyers currently face in the market; finding a good house before a sale is reached. This holds many families, including my own, from selling their house. Being a buyer in the housing market in its current state is nothing short of a headache.
On the opposite end of the coin, Zillow ($Z) is doing more than helping consumers in the housing market find houses for sale, as well as apartments for rent. This information-technology company is actively buying property all over the United States, offering cash for consumers' houses. Zillow also has recently unveiled their own team of real estate agents, allowing Zillow to buy (and a lot of times flip) land and property and sell them directly to their customers through their real estate team, rather than agents reaching private agreements with landowners to sell. Zillow's operations are set up thrive in current real estate market conditions, they are making the home and property buying processes seamless for their customers. Zillow had total revenue of $1.22B in 2021 Q1, where industry average was $268M; their Q1 net income $51.96M compared to industry average $5.94M. Zillow appears to be “leaps and bounds” ahead of their competition.
$Z saw an all-time high share price of $208, and currently sits at a price of $115.29. Zillow could have seen their struggles on the chart this year due to the metal and lumber price spike, as well as the buying conditions listed earlier. Construction supply prices are coming back to normal, and Zillow’s recent announcement of their team of real estate agents is set to help consumers on the buying side of the real estate market. These two factors could allow for Zillow to formulate a reversal. I like buying $Z at this price level a lot, the fact that it has hit a share price of $200 in 2021 shows the stock has potential to go back to that price level. I am hunting an entry this week there is active support at the $100 price point, and I am seeking a long-term entry in the $105-$110 range.
Price points are as follows:
ENTRY: $107.50
STOP LOSS: $100
TP1: $160
TP2: $200
There is 81% upside on this trade, and a 9 risk-reward ratio (!!!). This is a very high potential, low-risk trade that could potentially double in a medium-term holding. I like Zillow as a long-term hold, and think securing an entry after this dip from $200 has potential to reward an individual for the next few years.
Be sure to follow me @bigshotrob for future updates and posts.
"Tough Times Ahead" - How Will Crypto Do in Inflationary Times?Many experts out there are coming to the consensus that we're due for a period of high inflation in the near future. The future of the US real-estate market looks uncertain, as well.
If the Federal Reserve does nothing in response to inflation (as they've been saying the last few months), it accelerates the trends of people leaving from the big cities, making a market correction more likely.
If the Federal Reserve responds to inflation by increasing interest rates, it makes it harder for people to get things like home loans, cooling down the market as well.
Either way, I think it's safe to say that a correction is coming. How people will respond to these changes, however, will determine where the crypto markets stand in the near future.
"Universal Basic Whitepaper for the Third Wave of Crypto"
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