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BNKS ETF BEARISH topping patternOverall technical elements look toppy on US BNKS. A head and shoulder pattern has emerged and RSI remains sluggish below 50%. However, we are seeing a mid-term wedge/range develop - with some minor RSI divergences emerging. Short-term bounce risk. Suggest to sell any rebounds into the zones closer to highlighted resistances in purple. MACRO => Given the flattening in the US yield curve - it makes fundamental sense for US banks to struggle as their margins will get squeezed.
LSE:BNKSShort
by Foxy_Trader967
Special edition news n°33: RevoltsThere is a lot here so this special ed only has 3 parts and I've tried to mostly list bullet points. The west as it is declining, and just dropped below 50% of world GDP, is going through a historical turning point. There is no boiling frog anymore, hopefully the flame grows even bigger and it's finally all over soon. The faster the better, I always hated long boring prolonged "uncertain" bear markets. I am just not patient. Just get it over with already. > Major countries start enforcing strict covid measures, that some have called tyrannical *********************** NYC mayor said about vaccines "we've been nice, the voluntary phase is over" Also now centers throw $100 at who enters and gets a shot France introduced the most strict covid pass in the world 2 days before the national celebration, where people sing "let's kill the tyrants" (it is the national anthem). At the same time China outlawed forced vaccinations and sanitary passes, that they considered too anti-freedom. China. Other countries in the west, such as Italy, want to follow France example. China is considered a terrifying dictatorship because they do not allow crowds to go out naked in the street with children and do golden showers while "normies" tell them how stunning and brave they are. Mass hysteria: some countries (UK...) have been buying millions of body bags, enough for over 1/3 of the population. They're planning the zombie apocalypse? The CDC tells the vaccinated to wear masks indoors and adds "The delta variant is showing everyday its willingness to outsmart us ". You can say that again. They also found that people that had covid had lower intelligence? How does that work? France president, while giggling (reminds me of Elon Musk "it's really not that complicated tihi"), anounced he would not take the vaccine because he already got covid (ages ago, more than 6 months). Ah, France will have zero tolerance covid passes (you lose your job without it no warning no second chance) but there are some exceptions. First the government will not require those passes. No vaccine, or pass, or pension reform for them. The other ones not impacted by vaccines, covid passes, or pension reforms are the police, gendarmery, armée de terre, armée de l'air, marine. Basically anyone with a category A weapon or that protects the government (garde républicaine, Brav M) is above these laws. Courageous. In other words you either need a covid pass or an assault rifle. If you do not have your pass but are holding a rifle, you can pass. In burgerland, Biden required 5 million federal workers to get a covid pass. Once again, they cannot force vaccinate people as it is against at least 10 international laws. But how fortunate, the injections temporary authorizations I heard were about to become permanent! Wow, science is amazing, this will be by far the fastest this ever happened right? Very self-aware billionaire Larry Fink also threw oil on the fire and just after we learned US min wage couldn't afford rent anywhere in the country - while hedge funds are buying houses - he said "you'll have to work longer and take more risk". The take risk part obviously does not apply to 99% of the population that are now wageslaves. Lots of unpopular laws are being passed. The US just gave feminists some equality, and now women can get drafted too if the government judges it useful. Israel recently appointed far right PM has decided it was time to force vaccinate the population. > There are big protests/uprisings and business killing boycotts all around the globe *********************** In many countries millions of people in the middle of summer have gone out to protest the restrictive measures. The media said they were 110,000 in France, government said there were only 160,000. This is ridiculous as hundreds of towns had protests, all the major ones, and even relatively small sized cities visibly had thousands of people. In a parisian square alone there was visibly close to 100,000 people. When confronted the government said "they were in the square, they did not move around, hence it was not a protest and we did not count them". This actually makes me laugh. As I explained countless times, the useful idiots have no soul. Many "celebrities" such as gay "model" Samuela Górska have given their support to antisemitic and anti-LGBT groups that are getting popular in Poland (as a result of the west pushing for wokeness). See? In the west they support jews and lgbts and virtue signal, in the east they do the exact opposite - even gays - and virtue signal about it. Mindless useful idiot sheeps looking for browing points. In 3 towns in the south of France were found guillotines with death threats and lists of names of officials that support the sanitary pass. The french don't mess around. They say it's a tiny minority but my town was empty during the big protests day, they all went to Paris. And the tiny minority of people that do not bother voting is 70%. They want to make voting mandatory now :D The country has not even seen a referendum for 16 years, ever since there was a EU one the result of which the government did not like (or respect). The public does not care if who gets elected is Macron, or Macron 2, or hell even Macron 3 for that matter! The owner of 400 signs (the big signs near roads) displayed one showing french president as Adolf Hitler and the sign reads "Obey and get vaccinated". US senator Wendy Rogers saying to ignore White House mandates Calls to disobey are being made all over the place People have nothing to do because doors are closed and even if they could open them with a pass they won't, many people are boycotting the pass, and many just don't have one even when vaccinated. There is one activity left: go out and break government buildings. I'll add to this that California and a few other states have banned gaming PCS (to "save the planet"). So hardcore gamers are joining then? There is a rumor onlyfans will remove porn content (?????????), genius move. Can simps protest? > Governments are afraid (panicking even) and are using control measures and repression to fight back *********************** Calling everything a conspiracy theory is not working anymore. Back in the old days they called everything "that's just speculation", now this sentence has morphed into "bla bla conspiracy theory" which sounds a whole lot dumber. I don't have spies in Italy, Germany the UK, but in France I can tell you that the current protests have the government very worried (they were already afraid before that but it is escalating) and the secret services sent an alarming report to the executive about the popular uprising. In France specifically, the powers that be did a great job at shutting down the yellow vest revolution with the help of the virus. But it is back. Last year there was a very scary news in Australia that "normies" ignored (and also they laughed at "conspiracy theorists"), that news was the Australian government unironically signed to allow the chinese military to "maintain order" in the country o.0. I am the last bear alive and while everyone is getting agitated and it would not even cross their mind covid is behind us, I think covid is over (as a deadly disease). This could be part of why they accelerate the anti-freedom stuff (they know covid might be over). France president is suing the owner of 400 signs that displayed him as Hitler and supports the yellow vest movement. A president suing like this is not something we are used to. The owner answered that is was fine to make fun of the backside of the prophet but it was blasphemy to satire about the president. France lower house refused to implement an amendment to the sanitary pass laws that would prevent blocking voting access to unvaccinated people because "it is obvious we won't do that". ... The US government is judging the "january 6 capitol coup", they got police officers crying on stage, they'd make the USSR blush, and I have even seen journalists and college professor (dumbest people alive) say that "they did not punish Hitler in 1923 so bla bla bla that's why etc". This is of course pathetic as he is famous for literally writting Mein kampf and getting big while in jail. I have a screenshot of the NYT saying Hitler got tamed in prison nice one. Elected officials that are standing up to the strict measures, get kicked out of their group or party, and sometimes thrown lawyers at too The Australian government started waging war on the population, they said they wanted to send the regular army on the ground to crush the revolt, and in the meantime their police was stalking the end of the protest crowd, looking for weak and isolated protestors and violently attacking them. The ones that get caught will suffer harsh penalties to make an example. This works great if your goal is to anger the population. France has been puncturing eyes and ripping hands off and making "zero tolerance very harsh punishment" speeches and now the police every day take their helmets off and walk with the protestors. Australia will go beyond anything done yet and require ID, passport or driver's license tied to your social media account. You need "100 points of identification". Wow didn't see that coming! "Conspiracy theory". Other western government obviously also want to use drones and other "what is human rights" measures as they are aware their time is running out. Paypal announced they would block funds to "extremists groups" as central banks continue to move towards full control, centralized digital currencies, and a cashless society. Paypal is teaming up with the ADL that a lot of people know of. And they did not just say "white supremacists" they literally said "and anti-government organisations". Do moronic zombies still call it a conspiracy theory if they LITERALLY openly say it word for word? Ye they're so stupid they probably do lol. Vaccination centers in France were burned and vandalized and ministers made their usual show "we need the harshest possible sentences". Lmao when a few retired generals wrote a letter to the french government they went into full panic mode "omg algiers putsch date omg I want them all thrown in jail the harshest possible examplary sentence". A few of them probably poo'ed their pants. In the US pardonned Michael Flynn that just got an AR said he'd love to find someone in the white house. Cares given = ??? I thought he was a democrat? No longer? Or a rebellious one maybe. Officials in the west are breaking ranks. A french general on tv said without flinching, like it's the most normal thing in the world, that the media was controlled by a certain community. Tunisia government has fallen apart but they are not part of the G7 so let's skip that; it might have some influence; it might spread to MENA so let's skip but let's keep an eye open. More focussed on the US and France, Italy and Australia a bit too. That's all folks. Maybe the EU falls apart. Bringing the Euro down with it. Maybe the USD falls too, soon. What should happen to the USD value if 1/3 of the country leaves the union and declare their own currency? I have news about USD reserves being liquidated but this, like other things, will have to wait for another post there is too much in that one already.
by MrRenev
3
USA COVID: Watch out!Was just speaking to a good buddy who saw an interview where someone said that in a few weeks, the Delta wave would be over. I pulled out the chart, and by any measure, it does not appear so! The only time this model failed was the Singapore KTV Club surge, which is an anomaly, and a gamechanger... much as an awakening call. Otherwise, it has been pretty darn reliable. Just hours ago... the CDC reversed its decision/recommendation on vaccinated people and mask wearing. Essentially, admitting that even vaccinated people can be infected, and spread the Delta variant. www.nytimes.com www.washingtonpost.com www.bloomberg.com Check in again in September! Meanwhile... please take care and be safe.
C
by Auguraltrader
Wisa (Penny stock play)Penny stock play!!!! If we can see this stock hovering above $4 . We can aim for a target profit of $4.85. Please do take note that penny stock play has a risk , do play with your comfortable position. However , if the price drop below $3.7 i will discard this penny play.. Feel free to post any comment/question or any idea that you wish to share. I am more than willingly to reply you back :) 1) Please click on my profile to follow me , if you think my ideas do help you or provide you with another insight Quotes "The key to trading success is emotional discipline"
NASDAQ:WISALong
by MemoriesLane
Reacting to Biden Executive OrderHere is an important one from yesterday: Biden made a speech praising capitalism and signed an executive order to "promote competition and fight monopolies" (the quotes are because I'm quoting not because I'm being sarcastic lol). It came 2 hours before the market close if I'm correct. Missed it. Doesn't seem like it collapsed prices. The order is a guideline, an agenda. Up to lawmakers I guess, maybe ministers too (whatever they are called in the USA). Here is the official propaganda: www.whitehouse.gov The order should be published here soon: www.federalregister.gov Profits have gone up more than wages so where did the difference go? They forgot to mention government spending ballooned, obvious where it went. I don't know what is in the EO, what laws will be signed, what consequences it will have. It's a big thing by itself and then it's even more work to try to guess what comes out. Monopolies (very often government enforced) are a huge issue, I got lots and lots to say about it, as well as corporate conspiracies (did you know US towns had a great tramway system before the automakers conspired to destroy them? They were found guilty and paid a ridiculous fine. I wanted to write about that too) For the past 2 decades wageslavery has grown! Less and less small businesses and more and more huge ones eating up everything. On top of that big tech has too much power and they piss off both sides of the US political spectrum, as well as foreign nations. My call was more hybrid (mix of centralized and decentralized) businesses such as mcdonalds & google-youtube which are giant companies BUT people there are self employed (the yt chanel owner and the MCD franchised owner). Here are an example of reforms that huge companies PUSH AND LOVE: - Higher minimum wage - A daily quality & health check that costs $1000 a day - Measures to protect the environment What do they have in common? They are expensive for the small fish, cheap for the big ones. What do they do as an end result? 2 things: 1- Very little to even negatively impact the workers lives and the environment 2- Economically eliminate the competition Min wages workers here and there think they earn more but clearly the big companies get a bigger share of the market and wealth is distributed more "not the way they'd like". It's like a generational downtrend with the fools celebrating each time there is a small sucker rally, a small "win for the simple working people", totally oblivious to the bigger picture. These guys reach multi billion proportions, perhaps the legit way with all the credit and respect that is due. But for some reason they want to use dirty tricks to supplant the competition. So they get 0 credit and respect from me. Terrible mindset. A bodybuilder had asked Arnold Schwarzenegger how to supplant the competition and he answered something along the lines of "don't talk to me disgusting subhuman I want the competition to be at the top of their game and beat them BECAUSE I AM EVEN BETTER". In this corporate world sociopathy and manipulative behavior gets rewarded and decent human beings get punished. Can these parasitic sociopaths even survive on their own or do they need a host to manipulate and leech on? I differ from commies on this subject as I am not envious and not against fair personal success and not against elitism, I actually want to eliminate cheaters for MORE competition and MORE elitism and MORE imperial greatness. When you compare a self made mastermind businessman like Cornelius Vanderbilt that fought and beat monopolies and corruption; to some 30 year old billionaires (or even 18) that originate from a famous family or made a website that got popular and never held a honest job in their lives, that keep giving their opinions on everything, get proven wrong, and never learn their lesson, have a spoiled kid behavior; well... there is something wrong here. The US is full of commies now that are angry which is a symptom showing such reforms are needed, I've been saying so for as long as I've been posting about the US economy. And you didn't need violent rebels to figure it out. Never pro-active. Anyway... Maybe we'll see the S&P 500 or Russell outpace massively the DJI? With the passive investing scam and its hordes of mindless "investors" the big companies have already blown out the smaller ones in price/earnings ratios which is something else that comes on top of big companies having a too large piece of the pie. Let's say lawmakers and the executive are well intentioned and real changes are made. Gorbachev also came up with much needed reforms. But too late. The Soviet Union collapsed. And Gorbachev got blamed. The solution got blamed for the fall. Me I am holding the US indice as long as it goes up. I will invest in west Europe, east Europe, the greater Maghreb, and throw in a little bit of middle east and west Africa (the rectangle). Warren Buffett said "diversification is a protection against ignorance", ye this is exactly why I do it rofl. Long term investing is not my job, I'm a short term FX speculator. I'd be happy with breaking even + getting a few dividends. It's mostly interesting because it is tax efficient honestly. I'd add the USA to my long term basket when I really start one (need money to invest first) if I like what I see, and right now I don't, BUT I am still long the bubble and watching it very closely, as a short term investment (been nearly a year though). Biden defending capitalism, as the US have done for decades. The whole world been defending capitalism or socialism/communism for over a century. The never ending debate. Meanwhile China couldn't be bothered and said "whatever yolo let's do both". I just saw a picture of a luxury ultra-capitalist Gucci store under huge communist propaganda façades with sickle and hammer symbols everywhere. Love it.
TVC:DJI
by MrRenev
1